Market Overview:
The global light guide film market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for consumer electronics and medical devices, and rising automotive production across the globe. In terms of type, the 0.01mm-3mm segment is expected to account for a major share of the global light guide film market during the forecast period, owing to its low cost and high optical transparency. However, with technological advancements in this field, 3mm-6mm films are also gaining popularity due to their superior properties such as scratch resistance and impact strength over thinner films. By application, consumer electronics is projected to be one of the fastest-growing segments in terms of revenue during 2018–2030 owing to an increase in demand for smartphones, tablets PCs & laptops etc.
Product Definition:
Light guide films are used to evenly distribute light in a variety of applications, including LCDs, backlights, and medical devices. They are typically composed of PMMA (polymethyl methacrylate) or other transparent plastics that allow light to pass through while diffusing the light evenly. This results in a more uniform distribution of light and improved image quality.
0.01mm-3mm:
0.01mm-3mm is the size of Light Guide Film, which is used in LED light guide panels to provide uniformity and high quality light distribution. The film provides a smooth surface for even lighting and prevents hot spots that can reduce the life of LEDs. It also eliminates reflectance errors that can occur with traditional lighting solutions such as incandescent bulbs or fluorescent lights.
3mm-6mm:
3mm-6mm refers to the thickness of Light Guide Film. It is a thin transparent plastic film that is used in front of the LED light source for better and brighter lighting. The 3mm-6mm films are available in various colors such as clear, yellow, red, blue and green which can be customized according to customer requirements.
Application Insights:
The automotive application segment led the global light guide film market in 2017 and is projected to expand at a steady CAGR over the forecast period. The growth can be attributed to increasing demand for LED headlights in automobiles. Technological advancements such as digitalization and automation are expected to drive consumer electronics industry, which, in turn, will fuel the demand for light guide films over the forecast period.
Consumer electronics include smartphones/smartwatches, tablets/laptop computers etc., Lightguide films used for electronic products have different properties such as high transmittance (up to 90%), low reflectance (less than 5% with respect to incident angle of less than 45°) and high resolution printability that meet specific performance requirements of modern electronic devices manufacturing process.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030 owing to increasing demand for LED lighting in countries, such as China and India. The region has witnessed an increase in the number of manufacturing facilities, which will propel product demand over the forecast period.
Europe was valued at USD X billion in 2017 and is anticipated to witness steady growth over the forecast period owing to growing adoption across several industries including automotive, medical & healthcare, consumer electronics among others.
North America accounted for a significant shareof global revenue due to high production volumes of led products coupled with technological advancements pertaining light guide film application areas such as led display technology usedin smartphones.
Growth Factors:
- Increasing demand for transparent and energy-efficient lighting solutions in automotive and architectural applications
- Rising awareness about the benefits of light guide films over traditional lighting methods
- Growing demand for advanced display technologies in consumer electronics industry
- Proliferation of LED lighting fixtures across various end-use applications
- Technological advancements in light guide film manufacturing process
Scope Of The Report
Report Attributes
Report Details
Report Title
Light Guide Film Market Research Report
By Type
0.01mm-3mm, 3mm-6mm, Above 6mm
By Application
Consumer Electronics, Medical, Automobile, Others
By Companies
Lumitex, Azumo, Cochief, Nanocomp, SVG Tech Group Co Ltd, Technomark, Brand-It-Technologies, SFC Co.，Ltd, Best Technology Co., Ltd., Shian Yih Electronic Industry Co.,Ltd, Dooco Electronics USA，Inc., Dongguan Dongchen Electronics Co.,Ltd., Suzhou OMAY Optical Materials Co., Ltd., Shenzhen Guanghongda Technology co.,Ltd, Yongtek Co.Ltd
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
165
Number of Tables & Figures
116
Customization Available
Yes, the report can be customized as per your need.
Global Light Guide Film Market Report Segments:
The global Light Guide Film market is segmented on the basis of:
Types
0.01mm-3mm, 3mm-6mm, Above 6mm
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
Consumer Electronics, Medical, Automobile, Others
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:
- Lumitex
- Azumo
- Cochief
- Nanocomp
- SVG Tech Group Co Ltd
- Technomark
- Brand-It-Technologies
- SFC Co.，Ltd
- Best Technology Co., Ltd.
- Shian Yih Electronic Industry Co.,Ltd
- Dooco Electronics USA，Inc.
- Dongguan Dongchen Electronics Co.,Ltd.
- Suzhou OMAY Optical Materials Co., Ltd.
- Shenzhen Guanghongda Technology co.,Ltd
- Yongtek Co.Ltd
Highlights of The Light Guide Film 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:
- 0.01mm-3mm
- 3mm-6mm
- Above 6mm
- By Application:
- Consumer Electronics
- Medical
- Automobile
- Others
- 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 Light Guide Film 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?
Light guide film is a transparent material that is used to direct light in specific directions. It can be used to create a spotlight, or it can be placed over an object to help illuminate it.
Some of the major companies in the light guide film market are Lumitex, Azumo, Cochief, Nanocomp, SVG Tech Group Co Ltd, Technomark, Brand-It-Technologies, SFC Co.，Ltd, Best Technology Co., Ltd., Shian Yih Electronic Industry Co.,Ltd, Dooco Electronics USA，Inc., Dongguan Dongchen Electronics Co.,Ltd., Suzhou OMAY Optical Materials Co., Ltd., Shenzhen Guanghongda Technology co.,Ltd, Yongtek Co.Ltd.
The light guide film market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Light Guide Film Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Light Guide Film Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Light Guide Film Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Light Guide Film Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Light Guide Film Market Size & Forecast, 2020-2028
4.5.1 Light Guide Film Market Size and Y-o-Y Growth
4.5.2 Light Guide Film Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 0.01mm-3mm
5.2.2 3mm-6mm
5.2.3 Above 6mm
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Consumer Electronics
6.2.2 Medical
6.2.3 Automobile
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Light Guide Film Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Light Guide Film Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 0.01mm-3mm
9.6.2 3mm-6mm
9.6.3 Above 6mm
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Consumer Electronics
9.10.2 Medical
9.10.3 Automobile
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 0.01mm-3mm
10.6.2 3mm-6mm
10.6.3 Above 6mm
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Consumer Electronics
10.10.2 Medical
10.10.3 Automobile
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 0.01mm-3mm
11.6.2 3mm-6mm
11.6.3 Above 6mm
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Consumer Electronics
11.10.2 Medical
11.10.3 Automobile
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 0.01mm-3mm
12.6.2 3mm-6mm
12.6.3 Above 6mm
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Consumer Electronics
12.10.2 Medical
12.10.3 Automobile
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 0.01mm-3mm
13.6.2 3mm-6mm
13.6.3 Above 6mm
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Consumer Electronics
13.10.2 Medical
13.10.3 Automobile
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Light Guide Film Market: Competitive Dashboard
14.2 Global Light Guide Film Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Lumitex
14.3.2 Azumo
14.3.3 Cochief
14.3.4 Nanocomp
14.3.5 SVG Tech Group Co Ltd
14.3.6 Technomark
14.3.7 Brand-It-Technologies
14.3.8 SFC Co.，Ltd
14.3.9 Best Technology Co., Ltd.
14.3.10 Shian Yih Electronic Industry Co.,Ltd
14.3.11 Dooco Electronics USA，Inc.
14.3.12 Dongguan Dongchen Electronics Co.,Ltd.
14.3.13 Suzhou OMAY Optical Materials Co., Ltd.
14.3.14 Shenzhen Guanghongda Technology co.,Ltd
14.3.15 Yongtek Co.Ltd
