The global LCD backlight unit (BLU) market is expected to grow at a CAGR of 3.5% during the forecast period, from 2021 to 2030. The growth of this market can be attributed to the increasing demand for LCD monitors and laptops in emerging economies such as India and China. The increasing adoption of LED-backlit LCD panels in TVs is also driving the growth of this market. The edge type segment accounted for the largest share in 2018, owing to its low cost and high efficiency. Direct type segment is expected to grow at a higher CAGR during the forecast period due to its high brightness levels and better color reproduction capabilities than edge type BLUs.
Some Of The Growth Factors Of This Market:
- The increasing demand for energy-efficient and cost-effective lighting solutions is driving the growth of the LCD backlight unit market.
- The increasing adoption of LED technology in various industries such as automotive, healthcare, and retail is also driving the growth of the LCD backlight unit market.
- Increasing demand for high brightness displays in smartphones and tablets.
- Increasing use of OLED displays in smartphones.
Industry Growth Insights published a new data on “LCD Backlight Unit (BLU) Market”. The research report is titled “LCD Backlight Unit (BLU) Market research by Types (Edge Type, Direct Type), By Applications (LCD Monitor, Laptop PC, LCD TV, Others), By Players/Companies Omron, Song Shang Electronics, Radiant Opto-Electronics, Hansol Technics, TaeSan, Did, Forward Electronics, Heesung Electronics, Chi Lin Optoelectronics, New Optics, Kenmos Technology, Coretronic”.
Scope Of The Report
Report Attributes
Report Details
Report Title
LCD Backlight Unit (BLU) Market Research Report
By Type
Edge Type, Direct Type
By Application
LCD Monitor, Laptop PC, LCD TV, Others
By Companies
Omron, Song Shang Electronics, Radiant Opto-Electronics, Hansol Technics, TaeSan, Did, Forward Electronics, Heesung Electronics, Chi Lin Optoelectronics, New Optics, Kenmos Technology, Coretronic
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
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global LCD Backlight Unit (BLU) Market Report Segments:
The global LCD Backlight Unit (BLU) market is segmented on the basis of:
Types
Edge Type, Direct Type
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
LCD Monitor, Laptop PC, LCD TV, 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:
- Omron
- Song Shang Electronics
- Radiant Opto-Electronics
- Hansol Technics
- TaeSan
- Did
- Forward Electronics
- Heesung Electronics
- Chi Lin Optoelectronics
- New Optics
- Kenmos Technology
- Coretronic
Highlights of The LCD Backlight Unit (BLU) 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:
- Edge Type
- Direct Type
- By Application:
- LCD Monitor
- Laptop PC
- LCD TV
- 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 LCD Backlight Unit (BLU) 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.
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- Correctly Positioning New Products
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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 LCD Backlight Unit (BLU) is a component that controls the backlight of an LCD display.
Some of the major companies in the lcd backlight unit (blu) market are Omron, Song Shang Electronics, Radiant Opto-Electronics, Hansol Technics, TaeSan, Did, Forward Electronics, Heesung Electronics, Chi Lin Optoelectronics, New Optics, Kenmos Technology, Coretronic.
The lcd backlight unit (blu) market is expected to register a CAGR of 3.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. LCD Backlight Unit (BLU) 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. LCD Backlight Unit (BLU) Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. LCD Backlight Unit (BLU) Market - Supply Chain
4.5. Global LCD Backlight Unit (BLU) Market Forecast
4.5.1. LCD Backlight Unit (BLU) Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. LCD Backlight Unit (BLU) Market Size (000 Units) and Y-o-Y Growth
4.5.3. LCD Backlight Unit (BLU) Market Absolute $ Opportunity
5. Global LCD Backlight Unit (BLU) 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. LCD Backlight Unit (BLU) Market Size and Volume Forecast by Type
5.3.1. Edge Type
5.3.2. Direct Type
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global LCD Backlight Unit (BLU) 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. LCD Backlight Unit (BLU) Market Size and Volume Forecast by Application
6.3.1. LCD Monitor
6.3.2. Laptop PC
6.3.3. LCD TV
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global LCD Backlight Unit (BLU) 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. LCD Backlight Unit (BLU) 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 LCD Backlight Unit (BLU) 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. LCD Backlight Unit (BLU) 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 LCD Backlight Unit (BLU) Demand Share Forecast, 2019-2026
9. North America LCD Backlight Unit (BLU) 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 LCD Backlight Unit (BLU) 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 LCD Backlight Unit (BLU) Market Size and Volume Forecast by Application
9.4.1. LCD Monitor
9.4.2. Laptop PC
9.4.3. LCD TV
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America LCD Backlight Unit (BLU) Market Size and Volume Forecast by Type
9.7.1. Edge Type
9.7.2. Direct Type
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 LCD Backlight Unit (BLU) Demand Share Forecast, 2019-2026
10. Latin America LCD Backlight Unit (BLU) 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 LCD Backlight Unit (BLU) 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 LCD Backlight Unit (BLU) Market Size and Volume Forecast by Application
10.4.1. LCD Monitor
10.4.2. Laptop PC
10.4.3. LCD TV
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America LCD Backlight Unit (BLU) Market Size and Volume Forecast by Type
10.7.1. Edge Type
10.7.2. Direct Type
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 LCD Backlight Unit (BLU) Demand Share Forecast, 2019-2026
11. Europe LCD Backlight Unit (BLU) 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 LCD Backlight Unit (BLU) 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 LCD Backlight Unit (BLU) Market Size and Volume Forecast by Application
11.4.1. LCD Monitor
11.4.2. Laptop PC
11.4.3. LCD TV
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe LCD Backlight Unit (BLU) Market Size and Volume Forecast by Type
11.7.1. Edge Type
11.7.2. Direct Type
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections y 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 LCD Backlight Unit (BLU) Demand Share, 2019-2026
12. Asia Pacific LCD Backlight Unit (BLU) 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 LCD Backlight Unit (BLU) 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 LCD Backlight Unit (BLU) Market Size and Volume Forecast by Application
12.4.1. LCD Monitor
12.4.2. Laptop PC
12.4.3. LCD TV
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific LCD Backlight Unit (BLU) Market Size and Volume Forecast by Type
12.7.1. Edge Type
12.7.2. Direct Type
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 LCD Backlight Unit (BLU) Demand Share, 2019-2026
13. Middle East & Africa LCD Backlight Unit (BLU) 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 LCD Backlight Unit (BLU) 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 LCD Backlight Unit (BLU) Market Size and Volume Forecast by Application
13.4.1. LCD Monitor
13.4.2. Laptop PC
13.4.3. LCD TV
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa LCD Backlight Unit (BLU) Market Size and Volume Forecast by Type
13.7.1. Edge Type
13.7.2. Direct Type
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 LCD Backlight Unit (BLU) Demand Share, 2019-2026
14. Competition Landscape
14.1. Global LCD Backlight Unit (BLU) Market: Market Share Analysis
14.2. LCD Backlight Unit (BLU) Distributors and Customers
14.3. LCD Backlight Unit (BLU) Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Omron
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Song Shang Electronics
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Radiant Opto-Electronics
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Hansol Technics
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. TaeSan
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Did
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Forward Electronics
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Heesung Electronics
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Chi Lin Optoelectronics
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. New Optics
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Kenmos Technology
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Coretronic
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