Global LED Backlighting Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Small-Sized LED Backlights & Mid and large sized LED Backlights.

By Application;

Home and Communication.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn252087685 Published Date: March, 2025 Updated Date: April, 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%.

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 Application
    3. Market Snapshot, By Region
  4. Global LED Backlighting Market
    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. Global LED Backlighting Market, By Type, 2021 - 2031 (USD Million)
      1. Small-Sized LED Backlights
      2. Mid and large sized LED Backlights
    2. Global LED Backlighting Market, By Application, 2021 - 2031 (USD Million)
      1. Home
      2. Communication
    3. Global 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
        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