Light Emitting Diode (LED) Backlighting Market

By Type;

Small-Sized LED Backlights & Mid and Large Sized LED Backlights

By Type of Installation;

New and Retrofit

By Sales Channel;

Distributors, Direct, E-Commerce, Retail and Wholesalers

By Application;

Home and Communication

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn252087685 Published Date: August, 2025

Introduction

Global LED Backlighting Market (USD Million), 2021 - 2031

In the year 2024, the Global LED Backlighting Market was valued at USD 681.96 million. The size of this market is expected to increase to USD 764.73 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 1.7%.


Light Emitting Diode (LED) Backlighting Market

*Market size in USD million

CAGR 1.7 %


Study Period2025 - 2031
Base Year2024
CAGR (%)1.7 %
Market Size (2024)USD 681.96 Million
Market Size (2031)USD 764.73 Million
Market ConcentrationHigh
Report Pages304
681.96
2024
764.73
2031

Major Players

  • Signify Holding
  • Acuity Brands, Inc.
  • Cree Lighting USA LLC
  • ams-OSRAM AG
  • LG Electronics
  • Dialight
  • Panasonic Corporation
  • Hubbell
  • Zumtobel Group
  • Savant Systems, Inc.

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Light Emitting Diode (LED) Backlighting Market

Fragmented - Highly competitive market without dominant players


The global LED lighting market is witnessing significant growth driven by several key factors. One major driver is the increasing preference for LED lighting over traditional options like incandescent, CFL, and halogen lights. LEDs are favored for their energy efficiency, long lifespan, and strong illumination capabilities. They consume less energy while offering durability and versatility in various indoor and outdoor applications. This shift towards LED technology is supported by government regulations worldwide aimed at reducing energy consumption and promoting sustainable lighting solutions.

Manufacturers in the LED lighting sector are focusing on innovation to enhance product attractiveness and functionality. Features such as Wi-Fi connectivity, occupancy sensors, and daylighting capabilities are being integrated into LED products to cater to consumer preferences and increase market adoption. This trend not only enhances user experience but also drives sales by addressing diverse consumer needs across residential, commercial, and industrial sectors.

Regulatory bodies play a crucial role in shaping the LED lighting market by enforcing standards and certifications that ensure product quality, safety, and energy efficiency. Compliance with standards such as those set by the American National Standards Institute (ANSI), China Compulsory Certification (CCC), and International Electrotechnical Commission (IEC) is essential for manufacturers to enter global markets and meet consumer expectations. Governments worldwide are implementing stringent regulations to limit the use of inefficient lighting systems, thereby accelerating the adoption of LED lamps and bulbs. This regulatory support, combined with ongoing technological advancements and expanding product portfolios, positions the LED lighting market for continued growth and innovation in the coming years.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Type of Installation
    3. Market Snapshot, By Sales Channel
    4. Market Snapshot, By Application
    5. Market Snapshot, By Region
  4. Light Emitting Diode (LED) Backlighting Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Energy Efficiency
        2. Long Lifespan
        3. Regulatory Support
      2. Restraints
        1. Cost Pressure
        2. Supply Chain
        3. Technology Obsolescence
      3. Opportunities
        1. Efficiency Enhancement
        2. Smart Integration
        3. Automotive Applications
    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. Light Emitting Diode (LED) Backlighting Market, By Type, 2021 - 2031 (USD Million)
      1. Small-Sized LED Backlights & Mid
      2. Large Sized LED Backlights
    2. Light Emitting Diode (LED) Backlighting Market, By Type of Installation, 2021 - 2031 (USD Million)

      1. New

      2. Retrofit

    3. Light Emitting Diode (LED) Backlighting Market, By Sales Channel, 2021 - 2031 (USD Million)

      1. Distributors

      2. Direct

      3. E-Commerce

      4. Retail

      5. Wholesalers

    4. Light Emitting Diode (LED) Backlighting Market, By Application, 2021 - 2031 (USD Million)
      1. Home
      2. Communication
    5. Light Emitting Diode (LED) Backlighting 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. Signify Holding (Netherlands)
      2. Acuity Brands, Inc.(US)
      3. Cree Lighting USA LLC (US)
      4. ams-OSRAM AG (Austria)
      5. LG Electronics (South Korea)
      6. Dialight (UK)
      7. Panasonic Corporation (Japan)
      8. Hubbell (US)
      9. Zumtobel Group (Germany)
      10. Savant Systems, Inc. (US)
  7. Analyst Views
  8. Future Outlook of the Market