LED backlighting market size is anticipated to experience substantial growth from 2016 to 2023 - PowerPoint PPT Presentation

About This Presentation
Title:

LED backlighting market size is anticipated to experience substantial growth from 2016 to 2023

Description:

Asia Pacific LED backlighting market size is forecast to record significant growth from 2016 to 2023. This can be attributed to the presence of a large number of OEMs, ODMs, and electronic device manufacturers such as Samsung, Xiaomi, LG, ZTE, HTC, Huawei, Acer, Lenovo, Sony, and Asus across the region. – PowerPoint PPT presentation

Number of Views:18
Slides: 7
Provided by: petrahearn
Category:
Tags: led

less

Transcript and Presenter's Notes

Title: LED backlighting market size is anticipated to experience substantial growth from 2016 to 2023


1
 LED backlighting market size is exceed USD 75
billion by 2023
2
Global Market Scenario of LED Backlighting
  • LED backlighting market size is anticipated to
    experience substantial growth from 2016 to 2023.
    Low power consumption, light and slim form
    factor, and high product differentiation are the
    key driving factors over the forecast period. 
  • Features offered such as dimming backlight
    capability as well as wide color gamut is
    expected to propel LED backlighting market
    growth. However, irregular availability of
    components may pose a challenge. LED lighting
    market size is expected to exceed USD 75 billion
    by 2023, and is estimated to account for majority
    of the overall lighting industry. 
  • Escalating penetration in TFT LCDs
    (Thin-Film-Transistor Liquid-Crystal Displays) is
    likely to raise various issues such as cost
    management, chip availability as well as changes
    in backlight structure. Manufacturers are
    evaluating the strategy for optimal backlight
    availability. Thus, supply chain management is
    predicted to be a critical success factor for
    panel manufacturers and is likely to impact the
    LED backlighting market size. 

3
Continue.....
  • Increasing awareness regarding adoption of green
    technologies accompanied by rising power
    optimization needs is predicted to fuel demand
    over the forecast period. Manufacturers are
    entering into partnerships or developing their
    own in-house supply chain networks in order to
    tackle the growing demand.
  • This may also help in streamlining their
    value-chain process, reduce costs, and gain
    better control over the supply.
  •  
  • Falling LED chips price trend may negatively
    impact the LED backlighting market share over the
    next seven years.
  • Rising prominence and increasing adoption of
    substitute technologies such as OLED is likely to
    hamper industry growth. In addition, display and
    power advantages offered by OLED systems may pose
    a challenge to the LED backlighting industry from
    2016 to 2023.

4
360 Analysis

5

Latest Research Report https//www.gminsights.com
/industry-analysis/led-backlighting-market
Download Latest Report PDF _at_ https//www.gminsight
s.com/request-sample/upcoming-detail/355
6
Stay In Touch You can visit us at
www.gminsights.com
Write a Comment
User Comments (0)
About PowerShow.com