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Global Backlight LED Market - Business Overview, New Trends, Strategy Analysis, Opportunities And Restraints, And Forecast To 2022-2031
Backlight LED Market
The regions covered in the backlight LED market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. Among these regions, Asia Pacific accounts for the largest backlight LED market share.
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The Backlight LED market consists of sales of backlight LED and related services. LED-backlit is a flat panel display that uses LED backlighting instead of 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.
Key competitors in the backlight LED market include Samsung, NICHIA, LG Innotek, Epistar, Lumileds, Seoul Semiconductor, TOYODA GOSEI, Unity Opto Technology, Genesis Photonics Inc., and Shenzhen Jufei Optoelectronics Co. Ltd.
The global backlight LED market size is expected to decline from $0.53 billion in 2021 to $0.47 billion in 2022 at a compound annual growth rate (CAGR) of -10.8%. The decline is mainly due to the companies facing production and supply chain issues during the COVID-19 pandemic in 2021. The market is expected to decline to $0.28 billion in 2026 at a CAGR of -12.5%.
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TBRC's report segments the global backlight LED market:
1) By Product Type: Small-Sized Backlight LED, Mid and Large Sized Backlight LED
2) By Color: Red LED, White LED, RGB LED
3) By Application: Phone, Television, Computer, Instruments, Others
Read Further On The Backlight LED Market Here:
https://www.thebusinessresearchcompany.com/report/backlight-led-global-market-report
The Table of Contents includes:
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
.....
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
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