LCD Backlight Unit (BLU) Market Size and Growth
The global LCD Backlight Unit (BLU) market is projected to reach a market size of $9.5 billion by 2025, with a CAGR of 5.8%. The market is driven by increasing demand for high-resolution displays in smartphones, televisions, and automotive applications. Key players in the market include Samsung Electronics, LG Display, and Sharp Corporation.
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Companies Covered (Covid 19 Impact Covered)
◍ Omron
◍ Song Shang Electronics
◍ Radiant Opto-Electronics
◍ Hansol Technics
◍ TaeSan
◍ Did
◍ Forward Electronics
◍ Heesung Electronics
◍ Chi Lin Optoelectronics
◍ New Optics
◍ Kenmos Technology
◍ Coretronic
The LCD Backlight Unit (BLU) Market is highly competitive with key players such as Omron, Song Shang Electronics, Radiant Opto-Electronics, and more. These companies provide BLU solutions to various industries such as consumer electronics, automotive, and healthcare, driving the growth of the market.
- Omron reported $7.96 billion in sales revenue.
- Radiant Opto-Electronics reported $2.1 billion in sales revenue.
- Kenmos Technology reported $1.5 billion in sales revenue.
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