Global Backlight Unit (BLU) market cagr 12.9%

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Backlight Unit (BLU) Market

Backlight Unit (BLU) Market Scope: Industry

Analysis, Market Size, Growth, Trends Till 2031

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Backlight Unit (BLU) Market Size and Growth

The Backlight Unit (BLU) market is experiencing steady growth, driven by increasing demand in LCD displays for consumer electronics. In 2023, the market size is estimated at approximately $10 billion, with continued expansion expected due to advancements in LED technology and rising applications in automotive and industrial sectors.

Companies Covered

(Covid 19 Impact Covered)

◍ Heesung Electronics

◍ Chi Lin Optoelectronics

◍ New Optics

◍ Kenmos Technology

◍ Coretronic

◍ Radiant Opto-Electronics

◍ Hansol Technics

◍ TAE SAN ELECTRONICS

◍ DID

◍ DSLCD

◍ Forward Electronics

The Backlight Unit (BLU) market is competitive, featuring companies like Heesung Electronics, Chi Lin Optoelectronics, and Coretronic. These firms enhance display technology through innovative BLUs, driving market growth. Sales revenues for select companies include:

- Coretronic: Approximately $1 billion

- Heesung Electronics: Around $800 million

These sizes reflect their market influence.

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Market Segmentation

By Application

◍ Consumer Electronics

◍ Auto Apparatus

◍ Instrument/Terminal

◍ Others

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By

Product

LCD Backlight Units

LED Backlight Units

Market Growth

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$ X Billion USD

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