TechNavio's analysts forecast the Global LCD Backlight Unit market to grow at a CAGR of 3.52 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increasing popularity of flat panel displays. The Global LCD Backlight Unit market has also been witnessing increasing technological innovations. However, weak demand for LCDs could pose a challenge to the growth of this market.

TechNavio's report, Global LCD Backlight Unit Market 2012-2016, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it covers the Global LCD Backlight Unit market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

The key vendors dominating this space are Radiant Opto-electronics Corp., Coretronic Corp., Heesung Electronics Ltd., and Taesan LCD Co. Ltd.

The other vendors mentioned in the report are Forhouse Corp., Chi Lin Optoelectronics Co. Ltd., DID, New Optics Ltd., DSLCD Co. Ltd., Hansol Technics Co. Ltd., Kenmos Technology Co. Ltd., and Forward.

Key questions answered in this report:
What will the market size be in 2016 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of each of these key vendors?

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TechNavio's research portfolio in the Hardware series includes reports on the Smartphone Market, GPS Market, RFID Market, NFC Market, MEMS Market, PCB Market, OLED Market, DRAM Market, Barcode Scanner Market, Smart Card Market, POS Market, Microcontrollers Market, NAND Flash Market.