Press release
Backlight LED Market Analysis 2020 with COVID-19 | Growth, Trend, Competitive Strategies and Forecast 2023
The Business Research Company
The global backlight LED market was worth $1.52 billion in 2019. It is expected to decline at a compound annual growth rate (CAGR) of -0.24% and reach $1.51 billion by 2023. The backlight LED market has been geographically segmented into North America, Western Europe, Asia-Pacific, Eastern Europe, South America, Middle East and Africa. In 2019, Asia-Pacific was the largest region in the backlight LED market.
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The backlight LED market consists of sales of Backlight LED and related services. LED-backlit is a flat panel display which use LED backlighting instead of the cold cathode fluorescent (CCFL) backlighting. LED-backlit displays use TFT LCD (thin-film-transistor liquid-crystal display) technologies that offer reduced energy consumption, better contrast and brightness, greater color range more rapid response to changes in the scene, and photorefractive effects.
Electric lighting equipment manufacturing companies are focusing on introducing new innovative products into the market, to compete with the competitors and gain market share. In addition to design, the manufacturers are also focusing on introducing new energy-efficient lighting products and importing new technologies to support the development of energy-efficient products, in-house R&D and strategic partnerships, which is contributing to the overall growth of backlight LED market.
Backlight LED Market Segmentation: -
By Product Type
1. Small-Sized Backlight LED
2. Mid And Large Sized Backlight LED
By Application
1. Phone
2. Television
3. Computer
4. Instruments
5. Others
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Few Points From Table Of Content
1. Executive Summary
2. Backlight LED Market Characteristics
3. Backlight LED Market Size And Growth
4. Backlight LED Market Segmentation
5. Backlight LED Market Regional And Country Analysis
……
25. Backlight LED Marke t Competitive Landscape
26. Key Mergers And Acquisitions In The Backlight LED Market
27. Backlight LED Market Trends And Strategies
28. Backlight LED Market Future Outlook and Potential Analysis
29. Appendix
The report covers the trends and market dynamics of the backlight LED market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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Some of the key players involved in the backlight LED market are Samsung, NICHIA, LG Innotek, Epistar, Lumileds, Seoul Semiconductor, TOYODA GOSEI, Unity Opto Technology, Genesis Photonics Inc., Shenzhen Jufei Optoelectronics Co., Ltd.
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About US:
The Business Research Company has published over 1000 industry rep orts, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic.
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