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Global LCD Backlight Unit BLU Market by Type (Edge Type, Direct Type), By Application (LCD Monitor, Laptop PC, LCD TV, Others) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

  • Report ID: ES-50100
  • Author: Up Market Research
  • Rating: 4.5
  • Total Reviews: 70
  • No. Of Pages: 243
  • Format:
  • Pub. Date: 2021-04-04
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The Global LCD Backlight Unit BLU Market size is projected to grow from USD 9.8 billion in 2018 to USD XX.X billion by 2028, at a CAGR of 5%. The factors such as high adoption and increasing demand for large display panels, coupled with technological advancement and innovation, are driving the growth of this market. The Edge type segment is expected to dominate the global LCD backlight unit BLU market during the forecast period due to its higher brightness levels and lower power consumption than the Direct type segment.



An LCD backlight unit (BLU), also known as a Liquid Crystal Backlight Unit, is the light source in some flat panel displays. The assembly usually includes a lamp housing and optical films or sheets that are used to distribute the light evenly across the screen of an electronic device such as laptops and mobile phones. The technology comprises the lighting, color filters, and control circuitry of each pixel to illuminate the desired area or parts of an image on a screen. It provides uniform brightness across different types of screens from smartphones to desktop monitors.



On the basis of Type, the global LCD backlight unit BLU market is segmented into Edge Type and Direct Type.



Edge Type:

An edge-lit backlight unit (BLU) is a display panel that uses LEDs placed around the edges of the screen. Edge-type panels can be thinner and lighter than their counterparts because they don't require light channels to carry light from areas other than the edges to the middle of the panel where pixels are located. The edge-type backlight unit offers some advantages over direct-lit designs, such as better light uniformity across different areas of the screen and potentially higher refresh rates (because it's easier for them to control LED brightness).



Direct Type:

Direct Type (also known as Edge-Lit) is an LED display technology used in televisions and other displays where individual LEDs at each pixel provide light directly to the viewer. This is a new technology where LEDs are placed right below the display glass, facing downward toward the liquid crystal material (the light-producing part of an LCD). The lighting effect eliminates uneven brightness across different parts of the screen which enhances image quality.



On the basis of Application, the global LCD backlight unit BLU market is segmented into LCD Monitor, Laptop PC, LCD TV, and Others.



On the basis of Region, the global LCD backlight unit BLU market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Currently, the market for LCD Backlight Unit BLU in North America is at its peak. Asia Pacific is expected to hold the highest market share in the global LCD backlight unit BLU market during the forecast period owing to the increasing demand for new technologies like wireless charging for smartphones across various countries such as India and China. Latin America is projected to grow at a CAGR of around 11% during 2019-2028. The key factors driving this growth are increased sales and production of mobile devices, increasing demand for TVs in the region & replacement purposes, and the growing popularity of new technology OLED screens.

Currently, the LCD backlight unit BLU market in Europe is growing at a significant rate. The European Union has adopted stringent regulations regarding carbon emissions and other environmental concerns to reduce global warming along with the increasing focus on energy conservation. This will result in increased demand for LCD products globally as these products consume less power than conventional TVs/LEDs. The LCD backlight unit BLU market in the Middle East has been growing at a significant rate during the last few years. Factors such as increasing demand for mobile devices and the need for connectivity all over the world are fueling this growth further.



Growth Factors For The Global LCD Backlight Unit BLU Market:

- The increasing demand from the end-user market such as laptop PC, LCD monitor & television to improve their quality of life.

- Introduction of LED technology in backlight units due to its benefits over other technologies available for backlighting. This is one of the key factors driving the growth of the global LCD BLU Market.

- Growing demand from emerging economies such as India, China & others with a large population base has favorable opportunities in terms of market size and growth.

- Increased demand for smart devices such as smartphones, tablets & others with their small-sized screens which require backlight units to operate effectively.



Up Market Research published a new report titled “LCD Backlight Unit BLU Market research report which is segmented by Types (Edge Type, Direct Type), By Applications (LCD Monitor, Laptop PC, LCD TV, Others), By Players/Companies Omron, Song Shang Electronics, Radiant Opto-Electronics, Hansol Technics, TaeSan, Did, Forward Electronics, Heesung Electronics, Chi Lin Optoelectronics, New Optics, Kenmos Technology, Coretronic”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.

 

Report Scope

Report Attributes Report Details
Report Title LCD Backlight Unit BLU Market Research Report
By Type Edge Type, Direct Type
By Application LCD Monitor, Laptop PC, LCD TV, Others
By Companies Omron, Song Shang Electronics, Radiant Opto-Electronics, Hansol Technics, TaeSan, Did, Forward Electronics, Heesung Electronics, Chi Lin Optoelectronics, New Optics, Kenmos Technology, Coretronic
Regions Covered North America, Europe, APAC, Latin America, MEA
Base Year 2020
Historical Year 2018 to 2019 (Data from 2010 can be provided as per availability)
Forecast Year 2028
Number of Pages 243
Number of Tables & Figures 171
Customization Available Yes, the report can be customized as per your need.
 

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.


Global LCD Backlight Unit BLU Industry Outlook
 

Global LCD Backlight Unit BLU Market Report Segments:

The market is segmented by Type Edge Type, Direct Type and By Application LCD Monitor, Laptop PC, LCD TV, Others.

 

Some of the companies that are profiled in this report are:

  1. Omron
  2. Song Shang Electronics
  3. Radiant Opto-Electronics
  4. Hansol Technics
  5. TaeSan
  6. Did
  7. Forward Electronics
  8. Heesung Electronics
  9. Chi Lin Optoelectronics
  10. New Optics
  11. Kenmos Technology
  12. Coretronic
 

LCD Backlight Unit BLU Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.

 

Key Benefits for Industry Participants & Stakeholders:

  • Industry drivers, restraints, and opportunities covered in the study
  • Neutral perspective on the market performance
  • Recent industry trends and developments
  • Competitive landscape & strategies of key players
  • Potential & niche segments and regions exhibiting promising growth covered
  • Historical, current, and projected market size, in terms of value
  • In-depth analysis of the LCD Backlight Unit BLU Market
 

Overview of the regional outlook of the LCD Backlight Unit BLU Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.


LCD Backlight Unit BLU Market Overview
 

Highlights of The LCD Backlight Unit BLU Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of LCD Backlight Unit BLU Market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2028.
  5. Developments and trends in the market.
  6. By Type:

                1. Edge Type

                2. Direct Type

       7. By Application:

                1. LCD Monitor

                2. Laptop PC

                3. LCD TV

                4. Others

  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 LCD Backlight Unit BLU 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 2028.

 

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

LCD Backlight Unit BLU Market Statistics
 

Reasons to Purchase the LCD Backlight Unit BLU Market Report:

  • The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
  • Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
  • Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
  • The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
  • Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 LCD Backlight Unit BLU Market Overview
   4.1 Introduction 
      4.1.1 Market Taxonomy 
      4.1.2 Market Definition 
      4.1.3 Macro-Economic Factors Impacting the Market Growth 
   4.2 LCD Backlight Unit BLU Market Dynamics 
      4.2.1 Market Drivers 
      4.2.2 Market Restraints 
      4.2.3 Market Opportunity 
   4.3 LCD Backlight Unit BLU Market - Supply Chain Analysis 
      4.3.1 List of Key Suppliers 
      4.3.2 List of Key Distributors 
      4.3.3 List of Key Consumers 
   4.4 Key Forces Shaping the LCD Backlight Unit BLU Market 
      4.4.1 Bargaining Power of Suppliers 
      4.4.2 Bargaining Power of Buyers 
      4.4.3 Threat of Substitution 
      4.4.4 Threat of New Entrants 
      4.4.5 Competitive Rivalry 
   4.5 Global LCD Backlight Unit BLU Market Size & Forecast, 2018-2028 
      4.5.1 LCD Backlight Unit BLU Market Size and Y-o-Y Growth 
      4.5.2 LCD Backlight Unit BLU Market Absolute $ Opportunity 


Chapter 5 Global LCD Backlight Unit BLU Market Analysis and Forecast by Type
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities by Type
      5.1.2 Basis Point Share (BPS) Analysis by Type
      5.1.3 Absolute $ Opportunity Assessment by Type
   5.2 LCD Backlight Unit BLU Market Size Forecast by Type
      5.2.1 Edge Type
      5.2.2 Direct Type
   5.3 Market Attractiveness Analysis by Type

Chapter 6 Global LCD Backlight Unit BLU Market Analysis and Forecast by Applications
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities by Applications
      6.1.2 Basis Point Share (BPS) Analysis by Applications
      6.1.3 Absolute $ Opportunity Assessment by Applications
   6.2 LCD Backlight Unit BLU Market Size Forecast by Applications
      6.2.1 LCD Monitor
      6.2.2 Laptop PC
      6.2.3 LCD TV
      6.2.4 Others
   6.3 Market Attractiveness Analysis by Applications

Chapter 7 Global LCD Backlight Unit BLU Market Analysis and Forecast by Region
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities by Region
      7.1.2 Basis Point Share (BPS) Analysis by Region
      7.1.3 Absolute $ Opportunity Assessment by Region
   7.2 LCD Backlight Unit BLU Market Size Forecast by Region
      7.2.1 North America
      7.2.2 Europe
      7.2.3 Asia Pacific
      7.2.4 Latin America
      7.2.5 Middle East & Africa (MEA)
   7.3 Market Attractiveness Analysis by Region

Chapter 8 Coronavirus Disease (COVID-19) Impact 
   8.1 Introduction 
   8.2 Current & Future Impact Analysis 
   8.3 Economic Impact Analysis 
   8.4 Government Policies 
   8.5 Investment Scenario

Chapter 9 North America LCD Backlight Unit BLU Analysis and Forecast
   9.1 Introduction
   9.2 North America LCD Backlight Unit BLU Market Size Forecast by Country
      9.2.1 U.S.
      9.2.2 Canada
   9.3 Basis Point Share (BPS) Analysis by Country
   9.4 Absolute $ Opportunity Assessment by Country
   9.5 Market Attractiveness Analysis by Country
   9.6 North America LCD Backlight Unit BLU Market Size Forecast by Type
      9.6.1 Edge Type
      9.6.2 Direct Type
   9.7 Basis Point Share (BPS) Analysis by Type 
   9.8 Absolute $ Opportunity Assessment by Type 
   9.9 Market Attractiveness Analysis by Type
   9.10 North America LCD Backlight Unit BLU Market Size Forecast by Applications
      9.10.1 LCD Monitor
      9.10.2 Laptop PC
      9.10.3 LCD TV
      9.10.4 Others
   9.11 Basis Point Share (BPS) Analysis by Applications 
   9.12 Absolute $ Opportunity Assessment by Applications 
   9.13 Market Attractiveness Analysis by Applications

Chapter 10 Europe LCD Backlight Unit BLU Analysis and Forecast
   10.1 Introduction
   10.2 Europe LCD Backlight Unit BLU Market Size Forecast by Country
      10.2.1 Germany
      10.2.2 France
      10.2.3 Italy
      10.2.4 U.K.
      10.2.5 Spain
      10.2.6 Russia
      10.2.7 Rest of Europe
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 Europe LCD Backlight Unit BLU Market Size Forecast by Type
      10.6.1 Edge Type
      10.6.2 Direct Type
   10.7 Basis Point Share (BPS) Analysis by Type 
   10.8 Absolute $ Opportunity Assessment by Type 
   10.9 Market Attractiveness Analysis by Type
   10.10 Europe LCD Backlight Unit BLU Market Size Forecast by Applications
      10.10.1 LCD Monitor
      10.10.2 Laptop PC
      10.10.3 LCD TV
      10.10.4 Others
   10.11 Basis Point Share (BPS) Analysis by Applications 
   10.12 Absolute $ Opportunity Assessment by Applications 
   10.13 Market Attractiveness Analysis by Applications

Chapter 11 Asia Pacific LCD Backlight Unit BLU Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific LCD Backlight Unit BLU Market Size Forecast by Country
      11.2.1 China
      11.2.2 Japan
      11.2.3 South Korea
      11.2.4 India
      11.2.5 Australia
      11.2.6 South East Asia (SEA)
      11.2.7 Rest of Asia Pacific (APAC)
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Asia Pacific LCD Backlight Unit BLU Market Size Forecast by Type
      11.6.1 Edge Type
      11.6.2 Direct Type
   11.7 Basis Point Share (BPS) Analysis by Type 
   11.8 Absolute $ Opportunity Assessment by Type 
   11.9 Market Attractiveness Analysis by Type
   11.10 Asia Pacific LCD Backlight Unit BLU Market Size Forecast by Applications
      11.10.1 LCD Monitor
      11.10.2 Laptop PC
      11.10.3 LCD TV
      11.10.4 Others
   11.11 Basis Point Share (BPS) Analysis by Applications 
   11.12 Absolute $ Opportunity Assessment by Applications 
   11.13 Market Attractiveness Analysis by Applications

Chapter 12 Latin America LCD Backlight Unit BLU Analysis and Forecast
   12.1 Introduction
   12.2 Latin America LCD Backlight Unit BLU Market Size Forecast by Country
      12.2.1 Brazil
      12.2.2 Mexico
      12.2.3 Rest of Latin America (LATAM)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Latin America LCD Backlight Unit BLU Market Size Forecast by Type
      12.6.1 Edge Type
      12.6.2 Direct Type
   12.7 Basis Point Share (BPS) Analysis by Type 
   12.8 Absolute $ Opportunity Assessment by Type 
   12.9 Market Attractiveness Analysis by Type
   12.10 Latin America LCD Backlight Unit BLU Market Size Forecast by Applications
      12.10.1 LCD Monitor
      12.10.2 Laptop PC
      12.10.3 LCD TV
      12.10.4 Others
   12.11 Basis Point Share (BPS) Analysis by Applications 
   12.12 Absolute $ Opportunity Assessment by Applications 
   12.13 Market Attractiveness Analysis by Applications

Chapter 13 Middle East & Africa (MEA) LCD Backlight Unit BLU Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA) LCD Backlight Unit BLU Market Size 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 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Middle East & Africa (MEA) LCD Backlight Unit BLU Market Size Forecast by Type
      13.6.1 Edge Type
      13.6.2 Direct Type
   13.7 Basis Point Share (BPS) Analysis by Type 
   13.8 Absolute $ Opportunity Assessment by Type 
   13.9 Market Attractiveness Analysis by Type
   13.10 Middle East & Africa (MEA) LCD Backlight Unit BLU Market Size Forecast by Applications
      13.10.1 LCD Monitor
      13.10.2 Laptop PC
      13.10.3 LCD TV
      13.10.4 Others
   13.11 Basis Point Share (BPS) Analysis by Applications 
   13.12 Absolute $ Opportunity Assessment by Applications 
   13.13 Market Attractiveness Analysis by Applications

Chapter 14 Competition Landscape 
   14.1 LCD Backlight Unit BLU Market: Competitive Dashboard
   14.2 Global LCD Backlight Unit BLU Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.3.1 Omron
      14.3.2 Song Shang Electronics
      14.3.3 Radiant Opto-Electronics
      14.3.4 Hansol Technics
      14.3.5 TaeSan
      14.3.6 Did
      14.3.7 Forward Electronics
      14.3.8 Heesung Electronics
      14.3.9 Chi Lin Optoelectronics
      14.3.10 New Optics
      14.3.11 Kenmos Technology
      14.3.12 Coretronic
Segments Covered in the Report
The global LCD Backlight Unit BLU market has been segmented based on

By Types
  • Edge Type
  • Direct Type
By Applications
  • LCD Monitor
  • Laptop PC
  • LCD TV
  • Others
Regions
  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa
Key Players
  • Omron
  • Song Shang Electronics
  • Radiant Opto-Electronics
  • Hansol Technics
  • TaeSan
  • Did
  • Forward Electronics
  • Heesung Electronics
  • Chi Lin Optoelectronics
  • New Optics
  • Kenmos Technology
  • Coretronic

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