LCD Backlight Unit Market

By Technology;

LED and CCFL

By Type;

Edge Type and Direct Type

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn426041859 Published Date: June, 2025 Updated Date: August, 2025

LCD Backlight Unit Market Overview

LCD Backlight Unit Market (USD Million)

LCD Backlight Unit Market was valued at USD 12,559.64 million in the year 2024. The size of this market is expected to increase to USD 17,438.38 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.8%.


LCD Backlight Unit Market

*Market size in USD million

CAGR 4.8 %


Study Period2025 - 2031
Base Year2024
CAGR (%)4.8 %
Market Size (2024)USD 12,559.64 Million
Market Size (2031)USD 17,438.38 Million
Market ConcentrationHigh
Report Pages301
12,559.64
2024
17,438.38
2031

Major Players

  • Heesung Electronics Ltd.
  • Radiant Opto-electronics Corp.
  • Taesan Engineering Co. Ltd.
  • Opto-Electronics
  • Coretronic Corporation

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

LCD Backlight Unit Market

Fragmented - Highly competitive market without dominant players


The LCD Backlight Unit Market is expanding rapidly, driven by increased use of LCD panels in a wide range of electronic devices. Nearly 72% of all flat-panel displays still depend on LCD technology, ensuring sustained demand for efficient backlight units. The push toward compact and high-performance displays is a key force shaping this industry.

Sustainability and Power Optimization
With a rising focus on environmental sustainability, around 58% of modern backlight modules feature adaptive brightness and dimming capabilities. These features are critical for minimizing power usage without compromising display quality, making them increasingly standard in next-gen electronics.

Consumer Devices Driving Demand
The consumer electronics sector leads in adoption, accounting for nearly 69% of all LCD backlight applications. From smartphones to large-screen TVs, the demand for slim and uniform illumination systems is fostering significant product evolution in the market.

Lower Costs with Better Production Methods
As more than 60% of manufacturers transition to automated and efficient assembly processes, the market is witnessing a sharp drop in production costs. This economical scalability supports broader adoption while improving the quality and durability of backlight systems.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Technology
    2. Market Snapshot, By Type
    3. Market Snapshot, By Region
  4. LCD Backlight Unit Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Energy Efficiency
        2. Technological Advancements
        3. High-Definition Demand
        4. Consumer Electronics Growth
      2. Restraints
        1. High Initial Costs
        2. Competition from OLED
        3. CCFL Phase-Out
        4. Price Sensitivity
      3. Opportunities
        1. Quantum Dot Integration
        2. Smart Devices
        3. Automotive Display Adoption
        4. Emerging Markets Expansion
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. LCD Backlight Unit Market, By Technology, 2021- 2031 (USD Million)
      1. LED
      2. CCFL
    2. LCD Backlight Unit Market, By Type, 2021- 2031 (USD Million)
      1. Edge Type
      2. Direct Type
    3. LCD Backlight Unit Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Heesung Electronics Ltd.
      2. Radiant Opto-electronics Corp.
      3. Taesan Engineering Co. Ltd.
      4. Opto-Electronics

      5. Coretronic Corporation

  7. Analyst Views
  8. Future Outlook of the Market