Market Overview:
The global backlighting equipment market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for smart phones and other electronic devices, and rising demand for displays in vehicles and televisions. The EL backlighting segment is expected to grow at the highest CAGR during the forecast period, followed by LED backlighting. CCFL backlighting is expected to account for the largest share of the global backlighting equipment market in 2018. However, its share is projected to decline over the forecast period as LED technology gains traction due to its advantages such as low power consumption and high brightness levels. Asia Pacific accounted for majority of the global sales volume of backlightings in 2017 and this trend is likely continue overthe forecast period owingto growing demand from countries such as Chinaand India .
Product Definition:
Backlighting is the use of a light source behind an object to make it visible. This can be done with a spotlight or floodlight. Backlighting is often used in photography and video to highlight the subject against a dark background.
EL Backlighting:
EL backlighting is the latest trend in display technology and it's expected to replace LCD and plasma displays in near future. It has a wide range of applications from portable devices to television sets. This technology is more efficient, environment friendly, offers higher contrast ratio & lower power consumption as compared to LCD backlighting.
CCFL Backlighting:
CCFL backlighting is the type of backlighting in which, a fluorescent material is used as a light source. The CCFL (Cold Cathode Fluorescent Lamps) are glass envelopes containing gas at extremely low temperatures. These lamps produce less heat and consume less energy than incandescent lamps making them more efficient for use in applications where energy efficiency is important.
Application Insights:
The other application segment includes digital signage, monitor, console and panel display which is expected to witness significant growth over the forecast period. Digital signage is used in various applications such as corporate communications, retail displays and public address systems. The growing adoption of LED-based backlighting for digital signs as they offer high resolution, better color reproduction and higher contrast ratio has boosted the market growth over the recent years.
The vehicle display accounted for a major share in 2016 owing to increasing demand from automotive industry for advanced driver assistance systems (ADAS). ADAS includes several functions such as parking assist system, cruise control and lane departure warning system among others which are increasingly being incorporated into vehicles across different segments of the automotive industry thus driving backlighting equipment market growth.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing demand for high-quality laptops, smartphones, and other computing devices along with rising investments in R&D activities related to backlighting equipment. Moreover, growing penetration of LED lighting technology and presence of key manufacturers such as Cree Inc.; Signify Holdings; and Philips Lumileds Lighting Europe BV are also contributing towards growth in this region.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to increasing production facilities of electronic products coupled with favorable government policies regarding manufacturing practices & standards set by organizations such as International Electrotechnical Commission (IEC).
Growth Factors:
- Increasing demand for backlighting in LCD TVs
- Rising demand for LED-backlit displays
- Growing popularity of OLED displays
- Proliferation of smartphones and tablets
- Increasing demand for ultra-thin and lightweight laptops
Scope Of The Report
Report Attributes
Report Details
Report Title
Backlighting Equipment Market Research Report
By Type
EL Backlighting, CCFL Backlighting, LED Backlighting
By Application
Smart Phone, Vehicle Display, TV Display, Other
By Companies
PHILPS, ABB(Cooper Industries), OSRAM, GE Lighting, Warom Technology, Tormin Lighting, Ocean's King Lighting
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Backlighting Equipment Market Report Segments:
The global Backlighting Equipment market is segmented on the basis of:
Types
EL Backlighting, CCFL Backlighting, LED Backlighting
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Smart Phone, Vehicle Display, TV Display, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- PHILPS
- ABB(Cooper Industries)
- OSRAM
- GE Lighting
- Warom Technology
- Tormin Lighting
- Ocean's King Lighting
Highlights of The Backlighting Equipment Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- EL Backlighting
- CCFL Backlighting
- LED Backlighting
- By Application:
- Smart Phone
- Vehicle Display
- TV Display
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Backlighting Equipment Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Backlighting equipment is used to light up a subject from behind, making it appear as if the subject is glowing.
Some of the major companies in the backlighting equipment market are PHILPS, ABB(Cooper Industries), OSRAM, GE Lighting, Warom Technology, Tormin Lighting, Ocean's King Lighting.
The backlighting equipment market is expected to register a CAGR of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Backlighting Equipment Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Backlighting Equipment Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Backlighting Equipment Market - Supply Chain
4.5. Global Backlighting Equipment Market Forecast
4.5.1. Backlighting Equipment Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Backlighting Equipment Market Size (000 Units) and Y-o-Y Growth
4.5.3. Backlighting Equipment Market Absolute $ Opportunity
5. Global Backlighting Equipment Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Backlighting Equipment Market Size and Volume Forecast by Type
5.3.1. EL Backlighting
5.3.2. CCFL Backlighting
5.3.3. LED Backlighting
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Backlighting Equipment Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Backlighting Equipment Market Size and Volume Forecast by Application
6.3.1. Smart Phone
6.3.2. Vehicle Display
6.3.3. TV Display
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Backlighting Equipment Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Backlighting Equipment Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Backlighting Equipment Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Backlighting Equipment Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Backlighting Equipment Demand Share Forecast, 2019-2026
9. North America Backlighting Equipment Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Backlighting Equipment Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Backlighting Equipment Market Size and Volume Forecast by Application
9.4.1. Smart Phone
9.4.2. Vehicle Display
9.4.3. TV Display
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Backlighting Equipment Market Size and Volume Forecast by Type
9.7.1. EL Backlighting
9.7.2. CCFL Backlighting
9.7.3. LED Backlighting
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Backlighting Equipment Demand Share Forecast, 2019-2026
10. Latin America Backlighting Equipment Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Backlighting Equipment Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Backlighting Equipment Market Size and Volume Forecast by Application
10.4.1. Smart Phone
10.4.2. Vehicle Display
10.4.3. TV Display
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Backlighting Equipment Market Size and Volume Forecast by Type
10.7.1. EL Backlighting
10.7.2. CCFL Backlighting
10.7.3. LED Backlighting
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Backlighting Equipment Demand Share Forecast, 2019-2026
11. Europe Backlighting Equipment Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Backlighting Equipment Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Backlighting Equipment Market Size and Volume Forecast by Application
11.4.1. Smart Phone
11.4.2. Vehicle Display
11.4.3. TV Display
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Backlighting Equipment Market Size and Volume Forecast by Type
11.7.1. EL Backlighting
11.7.2. CCFL Backlighting
11.7.3. LED Backlighting
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Backlighting Equipment Demand Share, 2019-2026
12. Asia Pacific Backlighting Equipment Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Backlighting Equipment Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Backlighting Equipment Market Size and Volume Forecast by Application
12.4.1. Smart Phone
12.4.2. Vehicle Display
12.4.3. TV Display
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Backlighting Equipment Market Size and Volume Forecast by Type
12.7.1. EL Backlighting
12.7.2. CCFL Backlighting
12.7.3. LED Backlighting
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Backlighting Equipment Demand Share, 2019-2026
13. Middle East & Africa Backlighting Equipment Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Backlighting Equipment Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Backlighting Equipment Market Size and Volume Forecast by Application
13.4.1. Smart Phone
13.4.2. Vehicle Display
13.4.3. TV Display
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Backlighting Equipment Market Size and Volume Forecast by Type
13.7.1. EL Backlighting
13.7.2. CCFL Backlighting
13.7.3. LED Backlighting
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Backlighting Equipment Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Backlighting Equipment Market: Market Share Analysis
14.2. Backlighting Equipment Distributors and Customers
14.3. Backlighting Equipment Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. PHILPS
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. ABB(Cooper Industries)
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. OSRAM
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. GE Lighting
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Warom Technology
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Tormin Lighting
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Ocean's King Lighting
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
