Global Light Guide Plate (LGP) Market Growth 2023-2029

Global Light Guide Plate (LGP) Market Growth 2023-2029

The liquid crystal display panel can be divided according to the size of the area, which is suitable for different fields. For the large-size LCD panel market, the main application areas are concentrated in LCD TVs, notebook computers and LCD monitors. For the small and medium-sized LCD panel market, the main application areas are concentrated in mobile phones, MP5, digital cameras, digital video cameras, GPS, tablet computers and other products. The term light guide plate comes from the English translation of Light Guide Plate, which is produced as a supporting LCD panel. Liquid crystal displays require backlight modules to show their brightness due to their non-self-luminous characteristics. During the development of backlight modules, light guide plates for key components have also begun to change differently with the needs of downstream products.The light guide plate is made of optical grade PMMA/MMA/PC, and then is made of high-tech materials with extremely high reflectivity and non-light-absorbing, and the light guide dots are printed on the bottom surface of the light guide plate with UV screen printing technology. The light emitted from the backlight source absorbed by the light guide plate stays on the surface of the light guide plate. When the light hits each light guide point, the reflected light will diffuse to various angles, and then destroy the reflection conditions and exit from the front of the light guide plate. The light guide plate can emit light evenly through a variety of dense and different light guide points.

LPI (LP Information)' newest research report, the “Light Guide Plate (LGP) Industry Forecast” looks at past sales and reviews total world Light Guide Plate (LGP) sales in 2022, providing a comprehensive analysis by region and market sector of projected Light Guide Plate (LGP) sales for 2023 through 2029. With Light Guide Plate (LGP) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Light Guide Plate (LGP) industry.

This Insight Report provides a comprehensive analysis of the global Light Guide Plate (LGP) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Light Guide Plate (LGP) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Light Guide Plate (LGP) market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Light Guide Plate (LGP) and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Light Guide Plate (LGP).

The global Light Guide Plate (LGP) market size is projected to grow from US$ 515.5 million in 2022 to US$ 643.4 million in 2029; it is expected to grow at a CAGR of 643.4 from 2023 to 2029.

Global LGP (Light Guide Plate) for TV key players include Mitsubishi Chemical, Chimei Corporation, Forhouse Corporation, etc. Global top three manufacturers hold a share over 40%.

China is the largest market, with a share over 35%, followed by China Taiwan, and Japan, both have a share about 45 percent.

In terms of product, Printing Type is the largest segment, with a share over 50%. And in terms of application, the largest application is 50-70 Inches, followed by 40-50 Inches, Above 70 Inches, Below 42 Inches.

This report presents a comprehensive overview, market shares, and growth opportunities of Light Guide Plate (LGP) market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Carving
Screen Printing
Sand
Nano

Segmentation by application
Indoor
Outdoor

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Mitsubishi Rayon
Chi Mei
Darwin
Fengsheng
Sumitomo
Asahi Kasei
Kuraray
Seronics
S-Polytech
GLT
Entire
KOLON

Key Questions Addressed in this Report

What is the 10-year outlook for the global Light Guide Plate (LGP) market?

What factors are driving Light Guide Plate (LGP) market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Light Guide Plate (LGP) market opportunities vary by end market size?

How does Light Guide Plate (LGP) break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.