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Geographical and Global LGP (Light Guide Plate) Market Insights, Size, Opportunities and Forecast By 2024

LGP (Light Guide Plate) Market Report 2019 to 2024 is the definitive study of the global LGP (Light Guide Plate) market. The content includes orientation technology, industry drivers, geographic trends, market statistics, market forecasts, producers, and equipment suppliers.

The report firstly introduced the LGP (Light Guide Plate) basics: definitions, classifications, applications and market overview; product specifications; manufacturing processes; cost structures, raw materials and so on. Then it analyzed the world’s main region market conditions, including the product price, profit, capacity, production, supply, demand and market growth rate and forecast etc. In the end, the report introduced new project SWOT analysis, investment feasibility analysis, and investment return analysis.

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About LGP (Light Guide Plate) Industry

As an important component of LCD backlighting panels, LGP (Light Guide Plate) in TVs is manufactured by injection molding or cut forming method. LGP is divided into two types according to the production process of light lattice: printing LGP and non-printing LGP. In 2015, printing LGP accounted for 61.25% of the total production, while non-printing LGP took for 38.72%.
In 2015, 41.12% LGP were used in the production of 30-50 inch TV. 33.59% were used in 50-80 inch TV, while the remaing 25.29 percent were consumed in smaller size (80 inch) TV.
Japan, Korea, Taiwan and China are the major production regions. Taiwan tooking 36.35% of the global production. Followed by China with 28.64 percent production market share, Japan with 16.30% and Korea with 11.19%. Mitsubishi Rayon is the world leader in this market with manufacturing factory in Japan and China. Chi Mei comes from Taiwan is the largest manufacturer, who occupied 19.26% market share in 2015.PMMA is the key raw material of LGP. Manufaccture like Mitsubishi Rayon, Chi Mei, Sumitomo, Asahi Kasei and Kuraray all have their own production line of PMMA, which promise their raw material source. The global LGP average price was 3861 USD/MT in 2015 and product profit margin was about 20.79%. Its price is forecasted to slowly decline in the recent years.
The worldwide market for LGP (Light Guide Plate) is expected to grow at a CAGR of roughly 1.4% over the next five years, will reach 530 million US$ in 2024, from 490 million US$ in 2019, according to a new GIR (Global Info Research) study.
This report focuses on the LGP (Light Guide Plate) in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.

The overviews, SWOT analysis and strategies of each vendor in the LGP (Light Guide Plate) market provide understanding about the market forces and how those can be exploited to create future opportunities.

Key Players in this LGP (Light Guide Plate) market are:–

  • Mitsubishi Rayon
    Chi Mei
    Asahi Kasei

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Important application areas of LGP (Light Guide Plate) are also assessed on the basis of their performance. Market predictions along with the statistical nuances presented in the report render an insightful view of the LGP (Light Guide Plate) market. The market study on Global LGP (Light Guide Plate) Market 2018 report studies present as well as future aspects of the LGP (Light Guide Plate) Market primarily based upon factors on which the companies participate in the market growth, key trends and segmentation analysis.

Application of LGP (Light Guide Plate) Market are: 

  • 80 Inch TV

Product Segment Analysis of the LGP (Light Guide Plate) Market is:

  • Printed LGP
    Non-printed LGP

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This research report consists of the world’s crucial region market share, size (volume), trends including the product profit, price, Value, production, capacity, capability utilization, supply, and demand and industry growth rate.

Geographically this report covers all the major manufacturers from India, China, USA, UK, and Japan. The present, past and forecast overview of LGP (Light Guide Plate) market is represented in this report.

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Why should you buy LGP (Light Guide Plate) Market Report?

  • Build business strategy by identifying the high growth and attractive LGP (Light Guide Plate) market categories
  • Develop competitive strategy based on competitive landscape
  • Design capital investment strategies based on forecasted high potential segments
  • Identify potential business partners, acquisition targets and business buyers
  • Plan for a new product launch and inventory in advance
  • Prepare management and strategic presentations using the LGP (Light Guide Plate) market data
  • Recent Events and Developments

In this study, the years considered to estimate the market size of LGP (Light Guide Plate) Market are as follows:-

  • History Year: 2013-2017
  • Base Year: 2018
  • Estimated Year: 2019
  • Forecast Year 2019 to 2024

Single User Licence Price: USD 3480

No Of Pages in LGP (Light Guide Plate) Market Report: 122

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