The Backlight LED Global Market Report 2021-31 by The Business Research Company describes and explains the global backlight LED market and covers 2016 to 2021, termed the historic period, and 2022 to 2026, termed the forecast period, along with further forecasts for the period 2026-2031. The report evaluates the market across each region and for the major economies within each region.

The Backlight LED Global Market Report 2022 covers backlight LED market drivers, backlight LED market trends, backlight LED market segments, backlight LED market growth rate, backlight LED market major players, and backlight LED market size.

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The backlight LED market report provides in-depth analysis of the impact of COVID-19 on the global backlight LED industry along with revised market numbers due to the effects of the coronavirus and the expected backlight LED market growth numbers for 2022-2031.

The global backlight LED market size is expected to decline from $0.53 billion in 2021 to $0.47 billion in 2022 at a compound annual growth rate (CAGR) of -10.8%. The decline is mainly due to the companies’ facing production and supply chain issues during the COVID-19 pandemic in 2021. The market share is expected to decline to $0.28 billion in 2026 at a CAGR of -12.5%.

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Backlight LED Global Market Report 2022 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.

TBRC’s report covers the backlight LED market segments-
1) By Product Type: Small-Sized Backlight LED, Mid and Large Sized Backlight LED
2) By Colour: Red LED, White LED, RGB LED
3) By Application: Phone, Television, Computer, Instruments, Others

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