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China Is The Largest LGP (Light Guide Plate) for TV Market with a Share over 35%

Global Info Research Story 2025. 2. 5. 17:54

This report is a detailed and comprehensive analysis for global LGP (Light Guide Plate) for TV market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.

 

According to our (Global Info Research) latest study, the global LGP (Light Guide Plate) for TV market size was valued at US$ 956 million in 2024 and is forecast to a readjusted size of USD 1330 million by 2031 with a CAGR of 4.9% during review period. 


The liquid crystal display panel can be divided according to the size of the area, which is suitable for different fields. For the large-

size LCD panel market, the main application areas are concentrated in LCD TVs, notebook computers and LCD monitors. For the small and medium-sized LCD panel market, the main application areas are concentrated in mobile phones, MP3, digital cameras, digital video cameras, GPS, tablet computers and other products.     

                                                                            The term light guide plate comes from the English translation of Light Guide Plate, which is produced as a supporting LCD panel. Liquid crystal displays require backlight modules to show their brightness due to their non-self-luminous characteristics. During the development of backlight modules, light guide plates for key components have also begun to change differently with the needs of downstream products.The light guide plate is made of optical grade PMMA/MMA/PC, and then is made of high-tech materials with extremely high reflectivity and non-light-absorbing, and the light guide dots are printed on the bottom surface of the light guide plate with UV screen printing technology. The light emitted from the backlight source absorbed by the light guide plate stays on the surface of the light guide plate. When the light hits each light guide point, the reflected light will diffuse to various angles, and then destroy the reflection conditions and exit from the front of the light guide plate. The light guide plate can emit light evenly through a variety of dense and different light guide points.


Global LGP (Light Guide Plate) for TV key players include Mitsubishi Chemical, Chimei Corporation, Forhouse Corporation, etc. Global top three manufacturers hold a share over 40%.


China is the largest market, with a share over 35%, followed by China Taiwan, and Japan, both have a share about 45 percent. 


In terms of product, Printing Type is the largest segment, with a share over 50%. And in terms of application, the largest application is 50-70 Inches, followed by 40-50 Inches, Above 70 Inches, Below 40 Inches.

 

The overall report focuses on primary sections such as – market segments, market outlook, competitive landscape, and company profiles. The segments provide details in terms of various perspectives such as end-use industry, product or service type, and any other relevant segmentation as per the market’s current scenario which includes various aspects to perform further marketing activity. The market outlook section gives a detailed analysis of market evolution, growth drivers, restraints, opportunities, and challenges, Porter’s 5 Force’s Framework, macroeconomic analysis, value chain analysis and pricing analysis that directly shape the market at present and over the forecasted period. The drivers and restraints cover the internal factors of the market whereas opportunities and challenges are the external factors that are affecting the market. The market outlook section also gives an indication of the trends influencing new business development and investment opportunities.

 

The Primary Objectives in This Report determine the size of the total market opportunity of global and key countries,assess the growth potential for LGP (Light Guide Plate) for TV and competitive factors affecting the marketplace,forecast future growth in each product and end-use market. Also,this report profiles key players in the global LGP (Light Guide Plate) for TV market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments.

 

LGP (Light Guide Plate) for TV market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by region, regional analysis covers North America (United States, Canada, and Mexico),Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe),Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia),South America (Brazil, Argentina, Colombia, and Rest of South America),Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa).

 

The report provides insights regarding the lucrative opportunities in the LGP (Light Guide Plate) for TV Market at the country level. The report also includes a precise cost, segments, trends, region, and commercial development of the major key players globally for the projected period.

 

The LGP (Light Guide Plate) for TV Market report comprehensively examines market structure and competitive dynamics. Researching the LGP (Light Guide Plate) for TV market entails a structured approach beginning with clearly defined objectives and a comprehensive literature review to understand the current landscape. Methodologies involve a mix of primary research through interviews, surveys, and secondary research from industry reports and databases. Sampling strategies ensure representation, while data analysis utilizes statistical and analytical techniques to identify trends, market sizing, and competitive landscapes. Key areas of focus include trend analysis, risk assessment, and forecasting. Findings are synthesized into a detailed report, validated through peer review or expert consultation, and disseminated to stakeholders, with ongoing monitoring to stay abreast of developments.

 

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