Global Smart Phone Backlight Module Market Growth 2024-2030

Global Smart Phone Backlight Module Market Growth 2024-2030

Smart Phone Backlight Module is an optoelectronic component used in liquid crystal displays (LCD). Its main function is to project light on the back of the LCD screen through light sources such as light-emitting diodes (LEDs), thereby making the image on the display screen clearer and brighter. The backlight module is composed of LED light source, reflective plate, light guide strip and auxiliary structures (such as support rods, circuit boards, etc.). These components work together to provide high-quality backlighting for the display screen.

In smartphones, the backlight module is an important part of the display screen, which can significantly improve the brightness and contrast of the display, especially in dim light or dark environments, making the screen content clearly visible. The design and performance of the backlight module have an important impact on the display effect and user experience of smartphones.

New technologies represented by OLED are constantly emerging. Compared with LCD technology, OLED technology has the advantages of self-illumination, thin thickness, fast response speed, easy bending and wide viewing angle. However, due to the complex process and low yield rate of OLED display panels, Problems such as higher cost and shorter service life. As the penetration rate of OLED increases, industry competition further intensifies, affecting the market for smartphone backlight modules.

As global smartphone shipments decline and OLED technology substitutes, revenue of smart phone backlight module continues to decline.

The global Smart Phone Backlight Module market size is projected to grow from US$ 544 million in 2024 to US$ 339 million in 2030; it is expected to grow at a CAGR of -7.6% from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “Smart Phone Backlight Module Industry Forecast” looks at past sales and reviews total world Smart Phone Backlight Module sales in 2023, providing a comprehensive analysis by region and market sector of projected Smart Phone Backlight Module sales for 2024 through 2030. With Smart Phone Backlight Module sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Smart Phone Backlight Module industry.

This Insight Report provides a comprehensive analysis of the global Smart Phone Backlight Module 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 Smart Phone Backlight Module portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Smart Phone Backlight Module market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Smart Phone Backlight Module 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 Smart Phone Backlight Module.

The core manufacturers of global Smart Phone Backlight Module include Sankyo Seiko, Shenzhen Baoming and Shen Zhen Australis Electronic. The top three companies have a market share of about 67%. China is the world's largest market for Smart Phone Backlight Module, with a market share of about 98%. In terms of product type, 5 Inches ≤ Size ≤7 Inches is the largest segment, accounting for approximately 89% of the market share. In terms of application, 5G Smart Phone is the largest downstream segment, accounting for about 50% of the market share.

This report presents a comprehensive overview, market shares, and growth opportunities of Smart Phone Backlight Module market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Size < 5 Inches
5 Inches ≤ Size ≤7 Inches
Size > 7 Inches

Segmentation by Application:
5G Smart Phone
4G Smart Phone
Others

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 analysing the company's coverage, product portfolio, its market penetration.
Sankyo Seiko
Shenzhen Baoming
Shen Zhen Australis Electronic
Xiamen Honghan Optoelectronic
Shenzhen Sanbum Optoelectronics
Radiant Opto-Electronics

Key Questions Addressed in this Report

What is the 10-year outlook for the global Smart Phone Backlight Module market?

What factors are driving Smart Phone Backlight Module market growth, globally and by region?

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

How do Smart Phone Backlight Module market opportunities vary by end market size?

How does Smart Phone Backlight Module break out by Type, by Application?

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