Market Overview:
The global mini/micro LED backlight market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for mini/micro LED backlights in TVs, laptops, and other applications. Additionally, the growing demand for energy-efficient and high-resolution displays is also contributing to the growth of this market. Some of the major players operating in this market are Samsung Electronics Co., Ltd., LG Display Co., Ltd., Japan Display Inc., Nichia Corporation, and others.
Product Definition:
A mini/micro LED backlight is a small and thin light source that uses mini or micro LEDs to produce light. This type of backlight is often used in displays such as televisions, smartphones, and tablets. The advantage of using a mini/micro LED backlight is that it can produce bright images with low power consumption.
Mini-LED:
Mini-LED is a new technology that aims at bringing down the cost of individual LED lights. It does this by reducing the size and increasing the number of LEDs in each light, which results in more lights being able to be packed into a given space. The result is an increase in brightness with very little power consumption (10-20 mW).
MicroLED:
MicroLED is a new technology that involves the use of LED as light source. It has many advantages over conventional LEDs and organic light-emitting diodes (OLEDs). Conventional LEDs have larger size, low power consumption, and high brightness but they are expensive in comparison to OLEDs. MicroLED can be used for backlighting applications like LCDs/plastic panels or it can be used as an independent display like OLED.
Application Insights:
TV was the largest application segment in 2017 and is expected to maintain its lead over the forecast period. Mini/micro LED backlights are used for digital signage, advertising, and display applications in TVs. The growing adoption of smart TVs with integrated web browsers on a wide scale has boosted product demand for TV applications significantly.
The laptop segment is expected to register a notable CAGR of XX% from 2018 to 2030 owing to increasing demand from low-power mobile devices such as notebooks and netbooks that use less energy than standard desktop computers do. Moreover, mini/micro LEDs can be driven at lower cost than normal LEDs which reduces the overall cost of laptops thereby making them more affordable compared to their counterparts. These aforementioned factors are likely drive market growth over the forecast period.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to rising product demand in countries, such as China and Japan. In 2016, China accounted for more than 45% of global LED display manufacturing capacity and 80% of global sales.
North America LED backlight market was valued at USD X million in 2017 owing to presence of major players such as LG Display Co., Ltd.; Samsung Electro-Semiconductor Co., Ltd.
Growth Factors:
- Increasing demand for high-resolution displays in consumer electronics and automotive applications
- Rising demand for energy-efficient displays
- Growing popularity of OLED displays
- Proliferation of mini/micro LED display modules in various applications
- Technological advancements and innovations in the mini/micro LED backlight market
Scope Of The Report
Report Attributes
Report Details
Report Title
Mini/Micro LED Backlight Market Research Report
By Type
Mini-LED, MicroLED
By Application
TV, Laptop, Others
By Companies
Samsung, Nichia, LG innotek, Epistar, Sanan Opt, Seoul Semiconductor, Toyotagousei, Refond Opt, Lextar, Osram, Cree, Nation star, Luumii, Unilumin
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
120
Number of Tables & Figures
84
Customization Available
Yes, the report can be customized as per your need.
Global Mini/Micro LED Backlight Market Report Segments:
The global Mini/Micro LED Backlight market is segmented on the basis of:
Types
Mini-LED, MicroLED
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
TV, Laptop, 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:
- Samsung
- Nichia
- LG innotek
- Epistar
- Sanan Opt
- Seoul Semiconductor
- Toyotagousei
- Refond Opt
- Lextar
- Osram
- Cree
- Nation star
- Luumii
- Unilumin
Highlights of The Mini/Micro LED Backlight 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:
- Mini-LED
- MicroLED
- By Application:
- TV
- Laptop
- 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 Mini/Micro LED Backlight 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?
A mini/micro LED backlight is a type of backlight that uses very small LEDs to create a brighter display. These backlights are often used in smartphones and other small devices because they offer an increased brightness and reduced power consumption compared to traditional LED backlights.
Some of the key players operating in the mini/micro led backlight market are Samsung, Nichia, LG innotek, Epistar, Sanan Opt, Seoul Semiconductor, Toyotagousei, Refond Opt, Lextar, Osram, Cree, Nation star, Luumii, Unilumin.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Mini/Micro LED Backlight 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 Mini/Micro LED Backlight Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Mini/Micro LED Backlight 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 Mini/Micro LED Backlight 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 Mini/Micro LED Backlight Market Size & Forecast, 2020-2028
4.5.1 Mini/Micro LED Backlight Market Size and Y-o-Y Growth
4.5.2 Mini/Micro LED Backlight 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 Mini-LED
5.2.2 MicroLED
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 TV
6.2.2 Laptop
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Mini/Micro LED Backlight 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 Mini/Micro LED Backlight 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 Mini-LED
9.6.2 MicroLED
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 TV
9.10.2 Laptop
9.10.3 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 Mini-LED
10.6.2 MicroLED
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 TV
10.10.2 Laptop
10.10.3 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 Mini-LED
11.6.2 MicroLED
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 TV
11.10.2 Laptop
11.10.3 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 Mini-LED
12.6.2 MicroLED
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 TV
12.10.2 Laptop
12.10.3 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 Mini-LED
13.6.2 MicroLED
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 TV
13.10.2 Laptop
13.10.3 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 Mini/Micro LED Backlight Market: Competitive Dashboard
14.2 Global Mini/Micro LED Backlight Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Samsung
14.3.2 Nichia
14.3.3 LG innotek
14.3.4 Epistar
14.3.5 Sanan Opt
14.3.6 Seoul Semiconductor
14.3.7 Toyotagousei
14.3.8 Refond Opt
14.3.9 Lextar
14.3.10 Osram
14.3.11 Cree
14.3.12 Nation star
14.3.13 Luumii
14.3.14 Unilumin
