Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Light Guide Plate Market by Type (Edge LGP, Bottom LGP, Printed LGP, Non-printed LGP, Injection molding LGP), By Application (< 30 inch TV, 30-50 inch TV, 50-80 inch TV) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Light Guide Plate Market by Type (Edge LGP, Bottom LGP, Printed LGP, Non-printed LGP, Injection molding LGP), By Application (< 30 inch TV, 30-50 inch TV, 50-80 inch TV) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 129771 3300 Chemical & Material 377 249 Pages 4.9 (45)

Market Overview:

The global light guide plate market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for LED-backlit LCD TVs and rising adoption of smart TVs. In terms of type, the edge LGP segment is expected to hold a major share in the global light guide plate market during the forecast period. This can be attributed to its low manufacturing cost and easy installation process as compared to other types of LGP panels. In terms of application, the < 30 inch TV segment is projected to hold a major share in terms of revenue in 2018, followed by 30-50 inch TV and 50-80 inch TV segments respectively.

Global Light Guide Plate Industry Outlook

Product Definition:

A light guide plate is a transparent or translucent optical component made from plastic or glass that is used to direct light. It is often used in back-lit LCD displays and LED lighting. The light guide plate helps to evenly distribute the light across the surface of the display or lamp, which results in a brighter and more uniform image or illumination.

Edge LGP:

Edge LGP is a new technology that has evolved from LED lighting and Light Guide Plate (LGP). It is an innovative approach to distribute light in a uniform manner over large areas. Edge LGP provides high lumen maintenance throughout the life of the product, thus providing higher return on investment compared to traditional lighting solutions.

Bottom LGP:

Bottom LGP is Light Guide Plate used in LED lighting. It's main function is to support light guide wire and protect it from damage by providing a smooth surface on which the light can travel. Bottom LGP are available in different materials such as plastic, aluminum and steel; depending upon the application type of LED lighting system.

Application Insights:

Based on application, the market is segmented into 30-50 inch TV, 50-80 inch TV and others. The 30-50 inch TVs held the largest share in 2017 owing to increasing demand for smart UHD TVs with enhanced picture quality. Furthermore, growing penetration of LED technology in this category is expected to drive product demand over the forecast period.

The 50-80 inch LGP market is projected to witness significant growth over the forecast period owing to rising adoption of large screen Tv (LSVT) by major home entertainment manufacturers including Sony Corporation and Samsung Electronics Co., Ltd. In addition, technological advancements such as 4K resolution support and High Dynamic Range (HDR) are further expected to propel industry growth over the coming years.

Regional Analysis:

Asia Pacific dominated the global light guide plate market in terms of revenue with a share of over 40.0% in 2017. This is attributed to increasing adoption of flat panel TVs and rising demand for LED lighting across this region. The growing popularity and high demand for led based lightings are expected to drive the regional product demand over the forecast period.

Growth Factors:

  • Increasing demand for automobiles
  • Growing demand from the medical sector
  • Rising awareness about the benefits of light guide plates
  • Technological advancements in the manufacturing process of light guide plates 5. Growing popularity of LED lighting

Scope Of The Report

Report Attributes

Report Details

Report Title

Light Guide Plate Market Research Report

By Type

Edge LGP, Bottom LGP, Printed LGP, Non-printed LGP, Injection molding LGP

By Application

< 30 inch TV, 30-50 inch TV, 50-80 inch TV

By Companies

Mitsubishi Rayon, Chi Mei, Darwin, Fengsheng, Sumitomo, Asahi Kasei, Kuraray, Seronics, S-Polytech, GLT, Entire

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year


Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year


Number of Pages


Number of Tables & Figures


Customization Available

Yes, the report can be customized as per your need.

Global Light Guide Plate Market Report Segments:

The global Light Guide Plate market is segmented on the basis of:


Edge LGP, Bottom LGP, Printed LGP, Non-printed LGP, Injection molding LGP

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.


< 30 inch TV, 30-50 inch TV, 50-80 inch TV

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:

  1. Mitsubishi Rayon
  2. Chi Mei
  3. Darwin
  4. Fengsheng
  5. Sumitomo
  6. Asahi Kasei
  7. Kuraray
  8. Seronics
  9. S-Polytech
  10. GLT
  11. Entire

Global Light Guide Plate Market Overview

Highlights of The Light Guide Plate Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Edge LGP
    2. Bottom LGP
    3. Printed LGP
    4. Non-printed LGP
    5. Injection molding LGP
  1. By Application:

    1. < 30 inch TV
    2. 30-50 inch TV
    3. 50-80 inch TV
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Light Guide Plate 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

Global Light Guide Plate Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available
1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Light Guide Plate 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. Light Guide Plate Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Light Guide Plate Market - Supply Chain
   4.5. Global Light Guide Plate Market Forecast
      4.5.1. Light Guide Plate Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Light Guide Plate Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Light Guide Plate Market Absolute $ Opportunity

5. Global Light Guide Plate 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. Light Guide Plate Market Size and Volume Forecast by Type
      5.3.1. Edge LGP
      5.3.2. Bottom LGP
      5.3.3. Printed LGP
      5.3.4. Non-printed LGP
      5.3.5. Injection molding LGP
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Light Guide Plate 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. Light Guide Plate Market Size and Volume Forecast by Application
      6.3.1. < 30 inch TV
      6.3.2. 30-50 inch TV
      6.3.3. 50-80 inch TV
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Light Guide Plate 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. Light Guide Plate 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 Light Guide Plate 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. Light Guide Plate 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 Light Guide Plate Demand Share Forecast, 2019-2029

9. North America Light Guide Plate 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 Light Guide Plate 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 Light Guide Plate Market Size and Volume Forecast by Application
      9.4.1. < 30 inch TV
      9.4.2. 30-50 inch TV
      9.4.3. 50-80 inch TV
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Light Guide Plate Market Size and Volume Forecast by Type
      9.7.1. Edge LGP
      9.7.2. Bottom LGP
      9.7.3. Printed LGP
      9.7.4. Non-printed LGP
      9.7.5. Injection molding LGP
   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 Light Guide Plate Demand Share Forecast, 2019-2029

10. Latin America Light Guide Plate 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 Light Guide Plate 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 Light Guide Plate Market Size and Volume Forecast by Application
      10.4.1. < 30 inch TV
      10.4.2. 30-50 inch TV
      10.4.3. 50-80 inch TV
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Light Guide Plate Market Size and Volume Forecast by Type
      10.7.1. Edge LGP
      10.7.2. Bottom LGP
      10.7.3. Printed LGP
      10.7.4. Non-printed LGP
      10.7.5. Injection molding LGP
   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 Light Guide Plate Demand Share Forecast, 2019-2029

11. Europe Light Guide Plate 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 Light Guide Plate 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 Light Guide Plate Market Size and Volume Forecast by Application
      11.4.1. < 30 inch TV
      11.4.2. 30-50 inch TV
      11.4.3. 50-80 inch TV
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Light Guide Plate Market Size and Volume Forecast by Type
      11.7.1. Edge LGP
      11.7.2. Bottom LGP
      11.7.3. Printed LGP
      11.7.4. Non-printed LGP
      11.7.5. Injection molding LGP
   11.8. Basis Point Shar (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 Light Guide Plate Demand Share, 2019-2029

12. Asia Pacific Light Guide Plate 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 Light Guide Plate 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 Light Guide Plate Market Size and Volume Forecast by Application
      12.4.1. < 30 inch TV
      12.4.2. 30-50 inch TV
      12.4.3. 50-80 inch TV
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Light Guide Plate Market Size and Volume Forecast by Type
      12.7.1. Edge LGP
      12.7.2. Bottom LGP
      12.7.3. Printed LGP
      12.7.4. Non-printed LGP
      12.7.5. Injection molding LGP
   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 Light Guide Plate Demand Share, 2019-2029

13. Middle East & Africa Light Guide Plate 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 Light Guide Plate 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 Light Guide Plate Market Size and Volume Forecast by Application
      13.4.1. < 30 inch TV
      13.4.2. 30-50 inch TV
      13.4.3. 50-80 inch TV
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Light Guide Plate Market Size and Volume Forecast by Type
      13.7.1. Edge LGP
      13.7.2. Bottom LGP
      13.7.3. Printed LGP
      13.7.4. Non-printed LGP
      13.7.5. Injection molding LGP
   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 Light Guide Plate Demand Share, 2019-2029

14. Competition Landscape
   14.1. Global Light Guide Plate Market: Market Share Analysis
   14.2. Light Guide Plate Distributors and Customers
   14.3. Light Guide Plate Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. Mitsubishi Rayon Overview Financials Developments Strategic Outlook
      14.4.2. Chi Mei Overview Financials Developments Strategic Outlook
      14.4.3. Darwin Overview Financials Developments Strategic Outlook
      14.4.4. Fengsheng Overview Financials Developments Strategic Outlook
      14.4.5. Sumitomo Overview Financials Developments Strategic Outlook
      14.4.6. Asahi Kasei Overview Financials Developments Strategic Outlook
      14.4.7. Kuraray Overview Financials Developments Strategic Outlook
      14.4.8. Seronics Overview Financials Developments Strategic Outlook
      14.4.9. S-Polytech Overview Financials Developments Strategic Outlook
      14.4.10. GLT Overview Financials Developments Strategic Outlook
      14.4.11. Entire Overview Financials Developments Strategic Outlook
      14.4.12. COMPANY 12 Overview Financials Developments Strategic Outlook
      14.4.13. COMPANY 13 Overview Financials Developments Strategic Outlook
      14.4.14. COMPANY 14 Overview Financials Developments Strategic Outlook
      14.4.15. COMPANY 15 Overview Financials Developments Strategic Outlook
      14.4.16. COMPANY 16 Overview Financials Developments Strategic Outlook
      14.4.17. COMPANY 17 Overview Financials Developments Strategic Outlook
      14.4.18. COMPANY 18 Overview Financials Developments Strategic Outlook
      14.4.19. COMPANY 19 Overview Financials Developments Strategic Outlook
      14.4.20. COMPANY 20 Overview Financials Developments Strategic Outlook

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