LED Backlight Display Driver ICs Global Market Report 2023: Emergence of LED as Newest Technology for Smartphones Favors Robust Market Growth
Global Market for LED Backlight Display Driver ICs
Dublin, June 08, 2023 (GLOBE NEWSWIRE) -- The "LED Backlight Display Driver ICs - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
Global LED Backlight Display Driver ICs Market to Reach $3.2 Billion by 2030
In the changed post COVID-19 business landscape, the global market for LED Backlight Display Driver ICs estimated at US$2.1 Billion in the year 2022, is projected to reach a revised size of US$3.2 Billion by 2030, growing at a CAGR of 5.3% over the analysis period 2022-2030.
Mobile Computing Devices, one of the segments analyzed in the report, is projected to record a 5.4% CAGR and reach US$2.6 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the TVs segment is readjusted to a revised 4.9% CAGR for the next 8-year period.
The U.S. Market is Estimated at $183.5 Million, While China is Forecast to Grow at 5.6% CAGR
The LED Backlight Display Driver ICs market in the U.S. is estimated at US$183.5 Million in the year 2022. China, the world`s second largest economy, is forecast to reach a projected market size of US$1 Billion by the year 2030 trailing a CAGR of 5.6% over the analysis period 2022 to 2030. Within Asia-Pacific, Germany is forecast to grow at approximately 3.1% CAGR. Led by countries such as South Korea and Taiwan, the market in Asia-Pacific is forecast to reach US$1.4 Billion by the year 2030.
Select Competitors (Total 42 Featured)-
Panasonic Corporation
Infineon Technologies AG
NXP Semiconductors NV
Cypress Semiconductor Corporation
Analog Devices, Inc.
Maxim Integrated Products, Inc.
Microchip Technology, Inc.
ams AG
Melexis NV
Elmos Semiconductor SE
New Japan Radio Co., Ltd.
Dialog Semiconductor (UK) Ltd.
Monolithic Power Systems
Macroblock, Inc
Magnachip Semiconductor
Key Attributes:
Report Attribute | Details |
No. of Pages | 366 |
Forecast Period | 2022 - 2030 |
Estimated Market Value (USD) in 2022 | $2.1 Billion |
Forecasted Market Value (USD) by 2030 | $3.2 Billion |
Compound Annual Growth Rate | 5.4% |
Regions Covered | Global |
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Influencer Market Insights
World Market Trajectories
LED Backlight: An Introduction
LED Backlighting Dimming Modes
LED Backlight Display Driver ICs: A Prelude
Backlighting Technologies: Types
Light-Emitting Diode (LED)
Cold Cathode Fluorescent Lamp (CCFL)
Hot Cathode Fluorescent Lamp (HCFL)
External Electrode Fluorescent Lamps (EEFL)
Electroluminescence (EL)
Key End-Use Segments of LED Backlight DDICs
Mobile Computing Devices
Televisions
Automotive Infotainment Systems
Display Technologies: A Macro Perspective
From CRT Display to LEDs to OLEDs: An Evolutionary Scan
Number of LED Chips for Backlighting in Select Devices
LCD Color Displays: The Dominant Display Technology, for the Present
LCDs: Mode of Operation
LC Panel: Composition
LCD Monitors: Modes of Mounting
A Maturing LED Backlighting Market
Global Packaged LEDs Market: Percentage Breakdown of Revenues by Application for the Years 2018 and 2020
Global Economic Outlook
Global Economic Outlook: Real GDP Growth Rates in % by Country/Region for the Years 2017 through 2020
LED Backlight Display Driver ICs Industry Overview
China: Key Regional Market
Mobile Computing Devices: Primary End-Use Segment for LED Backlight Display Driver ICs
Automotive Infotainment Systems: Upcoming Market for LED Backlight DDICs
Global In-Car Infotainment Market Revenues (in US$ Billion) for the Years 2019, 2021, 2023 and 2025
LED Backlight Display Driver ICs - Global Key Competitors Percentage Market Share in 2022 (E)
Impact of Covid-19 and a Looming Global Recession
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
Emergence of LED as Newest Technology for Smartphones Favors Robust Market Growth
Global Smartphones Market: Shipments in Million Units for the Years 2014, 2016, 2018, 2020 and 2022
Growing Penchant for Laptops with LED Displays Augurs Well for the Market
Growth Trajectory in LED TV Shipments Accelerates Market Momentum
Global TV Shipments by Size (In Million Units): 2018-2020
Smart TV Ownership Worldwide for Select Countries: Smart TVs as % of Total TVs Owned for the Year 2018
Global 4K TV Shipments (In Million Units): 2018-2020
4K (UHD) TV Market Worldwide: Penetration Rate (%) of 4K (UHD) TV Households in Select Countries for 2016 and 2019
Global 8K TV Shipments (In Thousand Units): 2018-2020
'Local Dimming' Technology Widens Role of Backlight Driver ICs in LED TV
Healthy Growth Opportunities in Industrial Sector
Rising Emphasis on LED Power Management Gives Impetus to Overall Market Growth
Highly Innovative LED Solutions and Latest Breakthroughs to Drive Growth
Mini LEDs Vs. OLEDs
Increasing Opportunities for Mini-LED Backlit Displays: A Threat to OLEDs
Rising Adoption of Mini LED Technology for Large-Sized Display Panels
Mini LEDs in High-end IT Products
Statistical Data Highlights
microLED Market Worldwide: Projected Shipments in Thousand Units for the Years 2021, 2023 and 2025
Global MicroLED Display Market: Percentage Breakdown of Volume Shipments by Device Type for 2021 (P) and 2025 (P)
Global Flexible Display Unit Shipments in Millions for the Years 2018, 2020, 2022 and 2024
Flat Panel Displays (FPD) Market: Global Production Capacity in Million Square Meter for the Years 2017, 2019, 2021 and 2023
Global Smartwatch Displays Market: Breakdown of Shipments Volume by Technology for 2016 and 2018
Global Personal Computers (PCs) Market: Breakdown of Shipments in Million Units for the Years 2015, 2017 and 2019
Global Public Displays Market: Shipment Revenues in US$ Million for the Years 2015, 2017, 2019 and 2021
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
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