The Backlight LED Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Backlight LED Market?
The market size of the backlight LED industry has experienced a minor decrease in the past few years. It is forecasted to drop from $0.83 billion in 2024 to $0.82 billion in 2025, reflecting a compound annual growth rate (CAGR) of -1.6%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Backlight LED Industry?
The Backlight LED Global Market is projected to decrease in size to $0.79 billion by 2029. This is predicted to occur at a compound annual growth rate (CAGR) of -1.0%.
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What are the Key Growth Drivers Fueling the Backlight LED Market?
The key drivers in the backlight led market are:
• Increased demand for high-dynamic-range (HDR) and wide color gamut displays
• Rising popularity of edge-lit and direct-lit backlighting
• Growing trend of customization and flexible displays
• Rampant integration with smart and IoT devices
Global Market Segmentation: Identifying Major Backlight LED Industry Segments
The backlight LED market covered in this report is segmented –
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, Other Applications
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What are the Emerging Trends Shaping the Future of the Backlight LED Market?
The key trends in the backlight led market are:
• The introduction of mini-led and micro-led displays is an emerging trend in the backlight LED market.
• There is a rising demand for high-dynamic-range (HDR) and wide color gamut displays.
• Edge-lit and direct-lit backlighting are increasingly being adopted in the market.
• The trend of customization and flexible displays, and integration with smart and IoT devices is shaping the future of the industry.
Who Are the Top Competitors & Leading Players in the Backlight LED Market?
Major companies in the backlight led market are:
• Samsung Electronics Co. Ltd.
• NICHIA CORPORATION
• Epistar Corporation
• Lumileds Holding B.V.
• OSRAM GmbH
• Koninklijke Philips N.V.
• Cree Inc.
• LG Corporation
• Sharp Corporation
• Everlight Electronics Co. Ltd.
• AU Optronics Corp.
• NEC Corporation
• Mitsubishi Electric Corporation
• Sony Group Corporation
• Broadcom Inc.
• ON Semiconductor Corporation
• Texas Instruments Incorporated
• Analog Devices Inc.
• Infineon Technologies AG
• STMicroelectronics N.V.
• NXP Semiconductors N.V.
• Renesas Electronics Corporation
• Maxim Integrated Products Inc.
• Microchip Technology Inc.
• Silicon Laboratories Inc.
• Murata Manufacturing Co. Ltd.
• TDK Corporation
• Panasonic Corporation
• Toshiba Corporation
• Hitachi Ltd.
Regional Dominance: Which Area Leads the Global Backlight LED Market?
The countries covered in the backlight led market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada
