Press release
Segment Analysis and Major Growth Areas in the Backlight LED Market
Backlight LED
Backlight LED Market Size and Growth Forecast
The video equipment market is set to experience consistent growth, reaching a valuation of $273.54 billion by 2029. This growth corresponds to a compound annual growth rate (CAGR) of 3.4% during the forecast period. Factors contributing to this rise include the rollout of 5G technology, the popularity of high-definition content, developments in augmented and virtual reality, the shift towards remote work and education, the expansion of video streaming platforms, as well as advancements in IoT and security surveillance. Notable trends anticipated to influence the market include the emergence of 8K and other high-resolution video formats, the demand for compact and portable devices, integration of artificial intelligence and machine learning, growth in live streaming and user-generated content, along with a growing focus on sustainability and environmentally friendly practices.
Download a free sample of the backlight led market report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=2788&type=smp
Leading Companies Driving the Backlight LED Market
Several prominent firms dominate the video equipment sector. These include Bose Corporation, LG Electronics Inc., Panasonic Corporation, Sony Corporation, Samsung Electronics Co. Ltd., Toshiba Corporation, Koninklijke Philips N.V. (Philips), D&M Holdings Inc., Sharp Corporation, Harman International Industries Incorporated, Hisense Group, TCL Corporation, Skyworth Group, Vizio Inc., Fujitsu Limited, Sansui Electric Co. Ltd., Haier Group, Hitachi Ltd., Lloyd Electric & Engineering Ltd., Micromax Informatics Ltd., Xiaomi Corporation (Mi), Onida Electronics, Canon Inc., JVC Kenwood Corporation, Fujifilm Holdings Corporation, GoPro Inc., Nikon Corporation, Blackmagic Design Pty. Ltd., RED Digital Cinema, Grass Valley USA LLC, Avid Technology Inc., Atomos Limited, Teradek LLC, Marshall Electronics Inc., NewTek Inc., Vitec Group plc, Ross Video Ltd., Evertz Microsystems Ltd., Telestream LLC, Matrox Electronic Systems Ltd., FOR-A Company Limited, and ChyronHego Corporation.
Strategic Expansion Through Acquisition in Backlight LED Market
In November 2022, US-based audiovisual integrator Solutionz acquired Spinitar, a manufacturer of video equipment, for an undisclosed sum. This acquisition enhanced Solutionz's footprint in the Western United States and allowed it to enter multiple vertical markets, strengthening its position in the video equipment landscape.
View the full backlight led market report:
https://www.thebusinessresearchcompany.com/report/backlight-led-global-market-report
Current Trends Impacting the Backlight LED Sector
The market is witnessing a swift rise in demand for Ultra HD televisions, driven by their energy efficiency and superior image quality. Ultra HD TVs include 4K and 8K models, featuring aspect ratios of 16:9 or wider, and minimum resolutions of 3840x2160 pixels. The transition from older CRT and LCD television sets to Ultra HD displays has accelerated rapidly due to ongoing technological progress. For example, in August 2023, the UK's Office of Communications reported that in 2022, viewers aged over 64 watched 8% less traditional broadcast TV compared to the previous year. Older audiences are increasingly turning to streaming platforms; usage of Disney+ by viewers over 64 rose from 7% in 2022 to 12% in 2023. In developed markets like the US and UK, smart TV penetration reached 34% of households globally, with sales expected to dominate by 2026, underscoring strong demand for ultra-HD 4K and 8K televisions.
Emerging Consumer and Technology Trends Shaping Backlight LED Demand
The rising preference for smart TVs and the shift to online streaming platforms are reshaping consumption patterns. Consumers favor devices that support higher resolutions and offer enhanced viewing experiences. Additionally, compact and portable video equipment solutions are gaining traction, matching the lifestyle demands of users who seek mobility without compromising video quality.
Detailed Segmentation of the Backlight LED Market
The report segments the video equipment market as follows:
1) By Product Type: Television, Video Cameras, and Video Players
2) By Application: Online and Offline
3) By End Use Industry: Business-to-Business (B2B) and Business-to-Consumer (B2C)
More specifically, within televisions, the market includes LED TV, OLED TV, QLED TV, Smart TV, Plasma TV, and 4K/8K UHD TV. Video cameras are categorized into digital video cameras, camcorders, action cameras, 360° cameras, and DSLR video cameras. Video players cover Blu-ray players, DVD players, streaming media players, VHS players, and portable media players.
This segmentation provides a comprehensive understanding of the product ranges and application areas driving growth across the backlight LED landscape.
Reach out to us:
The Business Research Company: https://www.thebusinessresearchcompany.com/,
Americas +1 310-496-7795,
Europe +44 7882 955267,
Asia & Others +44 7882 955267 & +91 8897263534,
Email us at info@tbrc.info.
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Learn More About The Business Research Company
With over 17500+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.Our flagship product, the Global Market Model (GMM), is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Segment Analysis and Major Growth Areas in the Backlight LED Market here
News-ID: 4321411 • Views: …
More Releases from The Business Research Company
Emerging Sub-Segments Transforming the Resistive Random-Access Memory (ReRAM) Ma …
The resistive random-access memory (ReRAM) market is poised for significant expansion over the coming years, driven by technological advancements and increasing demand for efficient memory solutions. This emerging sector is attracting attention due to its potential to meet evolving needs in data storage and processing, making it a key area to watch in the semiconductor industry.
Projected Market Size and Growth Trajectory of the ReRAM Market
The ReRAM market is…
Top Players and Market Competition in the Cord and Cable Reels Industry
The cord and cable reels market is positioned for notable growth over the coming years, driven by expanding applications and rising safety standards. This market is seeing increased adoption across a variety of sectors, reflecting broader trends in industrial automation and workplace efficiency. Below, we explore the market's size, key players, emerging trends, and segmentation to provide a clear picture of its current and future landscape.
Projected Expansion of the Cord…
Pico Projectors Market Overview: Major Segments, Strategic Developments, and Lea …
The pico projectors market is on track for significant growth in the coming years, driven by technological advancements and increasing demand across various sectors. As businesses and consumers seek more portable and versatile projection solutions, this market is becoming a key area for innovation and investment.
Strong Growth Forecast for the Pico Projectors Market by 2029
The pico projectors market is anticipated to expand rapidly, reaching a valuation of $7.06…
Emerging Sub-Segments Transforming the Thermal Imaging Market Landscape
The thermal imaging market is on track for significant expansion in the coming years, driven by a broad range of applications and advancing technologies. As industries increasingly adopt thermal imaging solutions, this sector is expected to witness robust growth, fueled by innovations and diverse usage scenarios. Below is a detailed overview of the market size, key players, trends, and product segments shaping the future of thermal imaging.
Projected Growth Trajectory of…
More Releases for LED
HSC LED Successfully Delivers Taxi LED Displays to Moldova
HSC LED [https://www.hscled.com/] is pleased to announce the successful completion of a major project involving the delivery of taxi LED displays to Moldova. This achievement underscores our dedication to providing high-quality, innovative LED display solutions to global markets.
Image: https://www.abnewswire.com/upload/2025/03/c632e02b61fa3f45fb036d4012a026b5.jpg
This project involved the production and deployment of state-of-the-art taxi top LED displays, designed for high visibility, durability, and intelligent operation. Equipped with high brightness levels, waterproof protection, and efficient heat dissipation,…
Enhancing LED Lighting: What is a reflective LED light?
Nowadays, LED lights [https://www.cnblight.com/products/] have become the mainstream of lighting. There is an interesting question, why do LED lights in homes nowadays, whether they are desk lamps, pendant lamps, ceiling lamps, etc., often need to add a lamp shell? You should know that LED lights emit solid light, unlike traditional lamps such as incandescent lamps and fluorescent lamps, which require a lamp shell on the outside.
There are many reasons that…
Global Backlight LED Market| Global Backlight LED Industry | Backlight LED Marke …
The backlight LED market comprises of sales of Backlight LED & related services. LED backlight is a flat panel display that uses LED backlighting instead of cold cathode fluorescent (CCFL) backlighting. LED backlight displays also use thin-film-transistor liquid-crystal display (TFT LCD) technologies that offer better contrast and brightness, reduced energy consumption, greater color range more quick response to changes in the scene, and photorefractive effects. These displays are small chips…
Global LED Packaging Market Size Detail Analysis focusing Market Segmentation li …
Global LED Packaging Market Size Detail Analysis focusing Market Segmentation like Lamp-LED, Side-LED, TOP-LED, High-Power LED, SMD-LED, and Flip-Chip LED & more
The LED market is one of the quickly growing segments as they are replacing the traditional lighting equipment like bulbs due to their high efficiency and power saving capability. The LED packaging industry is also growing with innovations along with the LED industry as new technologies are being included…
Global LED Driver (LED Lighting Driver) Market Research Report
This report studies the global LED Driver (LED Lighting Driver) market status and forecast, categorizes the global LED Driver (LED Lighting Driver) market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in United States, Europe, China, Japan, South Korea and Taiwan and other regions.
Get sample copy of the report:
https://www.marketdensity.com/contact?ref=Sample&reportid=68754
Table of Contents:
Table of Contents
Global LED Driver (LED Lighting Driver) Market Research Report…
LED Driver And Chipset Market - Tax Exemptions For LED Technology Encourage Use …
Transparency Market Research, in a report titled “LED Driver and Chipset Market - Global Industry Analysis, Trend, Size, Share and Forecast 2015 - 2021,” states that the global LED driver and chipset market is projected to expand at a remarkable CAGR of 23.20% during the forecast period. The report states that the outstanding growth of the overall LED market in recent times will push the value of the LED driver…
