About LED Backlight Display
LED-backlit display is a display that utilizes LEDs to illuminate the display. The LED backlight is a flat panel display that uses LED backlighting instead of cold cathode fluorescent backlighting. It offers less energy consumption, better contrast and brightness, and enhanced color range.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The global folder-gluer belts market is highly competitive and consists of some key players. In terms of market share, few of the key players presently dominate the global market. These market players are leveraging on strategic collaborative creativities to intensification their market share and escalation their profitability. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global LED Backlight Display market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Texas Instruments (United States), Macroblock (China), Maxim Integrated (United States), Linear Technology (United States), NXP Semiconductors (Netherlands), Infineon Technologies (Germany), ON Semiconductor (United States), Toshiba (Japan), STMicroelectronics (Switzerland) and Austria Microsystems (Austria) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Intersil (United States), iWatt (United States) and ROHM (Japan).
Segmentation Overview
AMA Research has segmented the market of Global LED Backlight Display market by Type (Small-Sized LED Backlights and Mid and Large Sized LED Backlights), Application (Personal Electronics, Automotive and Industrial) and Region.
On the basis of geography, the market of LED Backlight Display has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Product, the sub-segment i.e. 8 Channel will boost the LED Backlight Display market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Applications of Outdoor Led Display for Promotional Campaigns and Technological Advancement towards Development of Energy-Efficient Led Displays
Market Growth Drivers:
Rising Demand for High Picture Quality, Increasing Number of Display Devices in the Electronics Industry, Increasing Demand for Outdoor Digital Signage and Increasing Application in the Music Concerts and Sports Tournaments
Challenges:
Lack of Skilled Labour, The emergence of Projectors and Screenless Displays and Development of Led Displays Suitable For Adverse Environmental Conditions
Restraints:
Increasing Demand for Online Advertisement
Opportunities:
Growing purchasing behavior in emerging countries, Strong development in the consumer electronics industry, Growing Demand from Multiplexes and Shopping Malls and Rising Demand from the Developing Economies
Market Leaders and their expansionary development strategies
In August 2020, Chinese brands TCL and Xioami introduced their new TV products featuring advanced display technologies. TCL launched its new Mini LED backlight TV, 6-series and Xiaomi presented a transparent OLED TV.
September 17, 2020) –ViewSonic Corp., a leading global provider of visual solutions, is introducing its latest All-in-One Direct View LED Displays, a brand-new addition to the large-size presentation display sector. Different from traditional LED displays, these new displays integrate display, image stitching, power supply, and control systems into one device that offers easy installation, operation, and maintenance. The elegant design of the All-in-One Direct View LED Display elevates the seamless viewing experience and easily merges with the surrounding environment in spaces such as lobbies, auditoriums, boardrooms, and conference rooms.
Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, LED Backlight Display Manufacturers, Suppliers and Distributors, Raw Material Suppliers, Government Regulatory and Research Organizations and End-Use Industries
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.