openPR Logo
Press release

Major Market Shift in Backlit Displays Industry: LG Display's META Technology Unveils Groundbreaking Innovations in Organic light emitting diodes (OLED) Panels

02-04-2025 12:25 PM CET | IT, New Media & Software

Press release from: The Business Research Company

Backlit Displays Market

Backlit Displays Market

What Is the Forecasted Market Size and Growth Rate for the Backlit Displays Market?
The backlit displays market has seen strong growth, expected to rise from $35.92 billion in 2024 to $39.31 billion in 2025, with a CAGR of 9.4%. Growth has been fueled by the transition to LED backlighting, high-resolution display adoption, smartphone proliferation, consumer electronics market growth, and digital signage expansion.

The backlit displays market is expected to grow robustly, reaching $52.96 billion by 2029 with a CAGR of 7.7%. This growth is driven by innovations in automotive displays, the rise of augmented and virtual reality, a focus on energy efficiency, increased remote work and education, and advancements in flexible displays. Trends include progress in quantum dot technology, the continued evolution of micro-LED displays, smart home integration, and grid modernization efforts.

What Factors Are Propelling the Expansion of the Backlit Displays Market?
The expansion of e-commerce is also expected to support the growth of the backlit displays market. As e-commerce continues to rise, backlit displays play a critical role in providing engaging and visually appealing shopping experiences. The United States Census Bureau reported that e-commerce sales in 2023 reached $1,118.7 billion, marking a 7.6% increase from 2022. This growth in e-commerce will continue to drive the demand for backlit displays.

Get Your Free Sample Now - Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=14269&type=smp

Which Businesses Are at the Forefront of Backlit Displays Market Development?
Major companies operating in the backlit displays market are Samsung Electronics Co. Ltd., NEC Corporation, BOE Technology Group Co. Ltd., LG Display Co. Ltd., Sharp Corporation, Epson America Inc., Acer Inc., Innolux Corporation, AU Optronics Corporation, Tianma Microelectronics Co. Ltd., Japan Display Inc., Barco NV, Visionox Technology Co. Ltd., BenQ Corporation, HannStar Display Corporation, ViewSonic Corporation, Abex Exhibits LLC, Nomadic Display, Featherlite Exhibits Corporation, The Godfrey Group Inc., TPV Technology Ltd., Poster Garden LLC, Megaprint Inc., ABL Imaging Group Inc., Creative Displays Inc., ELO Touch Solutions Inc., Power Graphics Digital Imaging Inc., Redcliffe Imaging Limited, Skyline Exhibits Inc., Camelback Displays Inc.

What Are the Latest Innovations in the Backlit Displays Market?
In the backlit display market, companies are advancing with technologies such as META technology to meet evolving consumer preferences. META technology includes components like a microlens array and META booster to enhance OLED panel performance. For instance, in January 2023, LG Display introduced META technology, improving light emission and brightness for better visual quality in OLED displays.

How Is the Backlit Displays Market Segmented?
The backlit displays market covered in this report is segmented -

1) By Type: Trade Show Displays, Fabric Display, Vector Frame, Silicone-Edge Graphics (SEG) Popup Display, Other Types
2) By Technology: Light Emitting Diode (LED), Liquid Crystal Display (LCD), Cold Cathode Fluorescent Lamps (CCFL), Other Technologies
3) By Application: Trade Shows, Events, Shopping Malls, Theatres, Airports, Retail Outlets, Other Applications

Subsegments:
1) By Trade Show Displays: Pop-Up Displays, Retractable Banners
2) By Fabric Display: Stretch Fabric Displays, Pillowcase Displays
3) By Vector Frame: Modular Frame Displays, Customizable Frame Solutions
4) By Silicone-Edge Graphics (SEG) Popup Display: SEG Fabric Displays, Portable SEG Popup Systems
5) By Other Types: Light Box Displays, LED-Backlit Displays

Pre-Book Your Report Now For A Swift Delivery:
https://www.thebusinessresearchcompany.com/report/backlit-displays-global-market-report

Where Is the Backlit Displays Market Growth Most Prominent?
North America was the largest region in the backlit display market in 2024. The regions covered in the backlit displays market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

What Is Covered In The Backlit Displays Global Market Report?

- Market Size Analysis: Analyze the Backlit Displays Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Backlit Displays Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Backlit Displays Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Backlit Displays Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.

Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=14269

Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.

Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Major Market Shift in Backlit Displays Industry: LG Display's META Technology Unveils Groundbreaking Innovations in Organic light emitting diodes (OLED) Panels here

News-ID: 3849032 • Views:

More Releases from The Business Research Company

Foam Tape Industry to Achieve $14.62 Billion Growth by 2029
Foam Tape Industry to Achieve $14.62 Billion Growth by 2029
Get 30% off global market reports with code ONLINE30 and keep ahead of tariffs, macro trends, and worldwide economic developments. How Will the Foam Tape Market Grow by 2025 in Terms of Size and Growth? In recent times, there has been significant growth in the market size for foam tape. It is projected to escalate from $10.02 billion in 2024 to $10.77 billion in 2025, demonstrating a compound annual growth rate (CAGR)
Continuous Positive Airway Pressure (CPAP) Mask Market Expansion Outlook: $3.85 Billion in 2029
Continuous Positive Airway Pressure (CPAP) Mask Market Expansion Outlook: $3.85 …
Get 30% off global market reports with code ONLINE30 and keep ahead of tariffs, macro trends, and worldwide economic developments. What Is the Projected CAGR for the Continuous Positive Airway Pressure (CPAP) Mask Market from 2024 to 2025? In recent times, the market size of the continuous positive airway pressure (cpap) mask has seen robust growth. The market is projected to rise from $2.83 billion in 2024 to $3 billion in 2025,
Alkyd Coating Market to Record 7.5% CAGR Growth Through 2029 | Global Analysis Report
Alkyd Coating Market to Record 7.5% CAGR Growth Through 2029 | Global Analysis R …
Use ONLINE30 for 30% savings on global market reports and stay on top of tariff updates, market trends, and economic shifts worldwide. Alkyd Coating Market Outlook: How is the Market Expected to Grow by 2025? The market size of alkyd coatings has experienced significant growth in the past few years. The market is projected to expand from $25.13 billion in 2024 to $26.74 billion in 2025, exhibiting a compound annual growth rate
Water Free Skincare Market Analysis: $22.5 Billion by 2029 With a CAGR of 7%
Water Free Skincare Market Analysis: $22.5 Billion by 2029 With a CAGR of 7%
Stay informed on tariff shifts, macro trends, and global economic changes-use code ONLINE30 to enjoy 30% off our global market reports. Water Free Skincare Market Value Projection: How Much Will the Market Size by 2025? The market size of waterless skincare has experienced a robust increase in recent years. The expected growth is from $15.96 billion in 2024 to $17.15 billion in 2025, with a compound annual growth rate (CAGR) of 7.5%.

All 5 Releases


More Releases for Display

Interactive Display Market 2023-2030 Trends, Competitive Analysis | Major Player …
Infinity Business Insights published a new research publication on "Interactive Display Market Insights, to 2030"with 160+pages and enriched with self-explained Tables and charts in presentable format. The Interactive Display Market Research Report encompasses growth analysis, regional marketing insights, challenges, opportunities, and drivers. According to the market research reports, the global market is expected to experience steady growth in the coming years. This Interactive Display Market report offers a comprehensive overview of
Interactive Display Screens Market 2021 Competitive Insights - Sharp, Panasonic, …
The "Interactive Display Screens" Market report offers qualitative and quantitative insights and a detailed analysis of market size & growth rate for all possible segments in the market. The Global Interactive Display Screens Industry presents a market overview, product details, classification, and market concentration. The report also provides an in-depth survey of key players in the market which is based on various competitive intelligence parameters like company profiles, product picture
Interactive Display Market Precise Outlook 2020- Samsung Display, LG Display, Pa …
The Global Interactive Display Market Research Report Forecast 2020 - 2026 provides a comprehensive analysis of the market segments, including their dynamics, size, growth, regulatory requirements, competitive landscape, and emerging opportunities of the global industry. It provides an in-depth study of the Interactive Display market by using SWOT analysis. The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data
LCD Interactive Display Market to See Massive Growth by 2026 | Samsung Display, …
The LCD Interactive Display Market report is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data which enhances the understanding, scope and application of this report. Get Free Sample
Display Technologies Market Report 2018: Segmentation by Type (LED, OLED, Virtua …
Global Display Technologies market research report provides company profile for Human Interface Technology Laboratory, Panasonic, Universal Display, Google, LG, Samsung, Innolux, AU Optronics, Avegant, Microvision and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to 2025, etc.
Global Flexible OLED Display Market Showcases Promising Growth during Forecast 2 …
The expanding database of Market Research Reports Search Engine (MRRSE) has been recently updated by the addition of a new study which is titled as “Global Flexible OLED Display Market Showcases Promising Growth during Forecast 2018-2026”. The fact based research report on global Flexible OLED Display Market covers various aspects such as trends, drivers, challenges and opportunities that have an influence on the growth and expansion of the global market.