Increase in Number of Display Devices in the Electronics Industry is Set to Drive Global Display Backlighting Market : Ken Research

Backlight is a specific form of illumination, generally used in liquid crystal displays (LCDs). Penetration rate of the LED backlights are above 90%. Display Backlighting characterize as a LED backlight. Display backlighting is usually used to illuminate the LCDs as well as for the machine vision, task lighting and image scanning. Display backlighting generally produce illumination from the back or from the sides of the screen. It is commonly categorized into two types: CCFL (cold cathode fluorescent) backlighting and LED (light emitting diodes) backlighting. The CCFL display backlight uses a single, straight glass tube that functions similarly to a regular fluorescent lamp. Additionally, LED display backlighting uses 10-18 LEDs, which are arranged in a uniform pattern and typically provide white light.

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As per analysis, Global Display Backlighting Industry Research Report 2021 Segmented by Major Market Players, Types, Applications and Countries Forecast to 2027. Some of the key companies that are presently operating in the global display backlighting market include Shenzhen jufei optoelectronics, Unity Opto Technology, NICHIA, Samsung, Seoul Semiconductor, Foshan NationStar Semiconductor, TOYODA GOSEI, Epistar, GENESIS Photonics, Lumileds, LG Innotek and among others. Strategic product launches along with the business expansions are few of the key initiatives carried out by these companies to strengthen their presence in the global market.

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Based on the types, display backlighting market can be segmented as small sized display backlighting and mid & large sized display backlighting. In addition, based on the applications, market can be segmented as notebook, desktop PC, Smartphone, tablet and LCD TV.

Increase in the number of display devices in the electronics industry, followed by surge in demand for high picture quality, rise in usage of backlight displays in trade shows and events as well as at retail outlets, increase in the application in the music concerts & sports tournaments and rise in demand for outdoor digital signage are some major factors, which are responsible for growth of the display backlighting market. Moreover, strong development in the consumer electronics industry and increase in purchasing behavior in emerging countries are leading opportunities for global market. Furthermore, growth in technological advancement towards development of energy-efficient led displays and increase in applications of outdoor led display for promotional campaigns are key trends for global market.

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Based on regional analysis, the North-America region holds major share in the global display backlighting market as a result of growth in investment interest towards LCDs from the light technology companies coupled with presence of prominent display vendors across the region. The Asia-Pacific and Europe regions are estimated to witness higher growth rate due to rise in demand from the developing economies and growth in acceptance of innovative LED display backlighting technology in the electronic appliances like laptops & Smartphone over the forecast period. It is projected that future of the global display backlighting market will be optimistic on account of rise in demand from multiplexes and shopping malls during the forecast period.

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