Increase in Awareness Regarding Adoption of Green Technologies Expected to Drive Global Backlight LED Market: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit The backlight LED market comprises of sales of Backlight LED & related services. LED backlight is a flat panel display that uses LED backlighting instead of cold cathode fluorescent (CCFL) backlighting. LED backlight displays also use thin-film-transistor liquid-crystal display (TFT LCD) technologies that offer better contrast and brightness, reduced energy consumption, greater color range more quick response to changes in the scene, and photorefractive effects. These displays are small chips placed in a matrix pattern behind the display panel for providing a uniform field of light across the complete viewing surface of the panel or screen. These displays are intended to provide increased readability in low light condition that offers excellent lamination to heat ratio than that of CFL, consequently, provide more light per watt. These are popular for their use in computer displays, smart-phones, and LCD televisions. Some of the key features are included dimming backlight capability and wide color gamuts are anticipated to propel LED backlighting market growth. However, an irregular availability of components may pose a challenge for market. According to study, “Backlight LED Global Market Report 2020-30: Covid 19 Impact and Recovery” the key companies operating in the global backlight LED market are Epistar, Lumileds, Samsung, NICHIA, LG Innotek, Seoul Semiconductor, Unity Opto Technology, TOYODA GOSEI, GENESIS Photonics, Philips, CREE, LG, SHARP, EVERLIGHT, Shenzhen jufei optoelectronics, OSRAM, AUO, NEC, JF, Mitsubishi, Sony. Key companies are focusing on introducing novel products into the market, to compete with the competitors and increase market share. In addition to design, the companies are also focusing on introducing novel energy-efficient lighting products and importing innovative technologies to support the development of energy-efficient products, in-house Research & Development (R&D) and strategic partnerships, which is contributing to the growth of Backlight LED market. Based on product type, backlight LED market is segmented as small sized backlight LED and mid & large sized backlight LED. Based on color type, market is segmented as white LED, red LED and RGB LED. In addition, based on application, market is segmented as television, phone, instruments, computer, and others. The backlight LED market is driven by low power consumption, followed by light & slim form factor, increase in penetration of LCD, smart-phone, and computer display, high product differentiation, rise in launch elegant LCD models and smart-phones. However, increase in use of organic light-emitting diode (OLED) technologies over LED for niche applications may impact the market. Based on geography, the Asian-Pacific region holds major share in global backlight LED market owing to increase in awareness regarding adoption of green technologies coupled with rise in need of power optimization in the region. The North-American and European regions are estimated to witness higher growth rate due to rise in demand for backlight LED in the advertising industry over the forecast period. The global backlight LED market was valued at US $1.52 billion in 2019 and it is likely to decline at a compound annual growth rate (CAGR) of -0.24% and reach US $1.51 billion by 2023. For More Information, Click on the Link Below:- Global Backlight LED Market Related Reports:- Global LED Backlight Units Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024 Contact Us:- Ken Research Ankur Gupta, Head Marketing & Communications Ankur@kenresearch.com +91-9015378249 Tags: Asia-Pacific Backlight LED Market, Australia Backlight LED Market, Backlight LED Market, Backlight LED Market Analysis, Backlight LED Market Competitive Landscape, Backlight LED Market Drivers, Backlight LED Market Forecast, Backlight LED Market Future Outlook, Backlight LED Market Growth, Backlight LED Market Key Players, Backlight LED Market Overview, Backlight LED Market Revenue, Backlight LED Market Shares, Backlight LED Market Size, Backlight LED Market Trends, Backlight Red LED Market, Backlight RGB LED Market, Backlight White LED Market, China Backlight LED Market, Epistar Backlight LED Market Shares, Germany Backlight LED Market, Global Backlight LED Industry, Global Backlight LED Industry Research Report, Global Backlight LED Market, Global Backlight LED Market Research Report, India Backlight LED Market, Japan Backlight LED Market, LG Innotek Backlight LED Market Revenue, Mid and Large Sized Backlight LED Market, NICHIA Backlight LED Market Revenue, Samsung Backlight LED Market Shares, Small-Sized Backlight LED Market, UK Backlight LED Market