Latvia LCD Backlight Unit Market (2025-2031) | Segmentation, Share, Value, Supply, Competition, Restraints, Trends, Forecast, Size, Revenue, Consumer Insights, Segments, Investment Trends, Opportunities, Analysis, Pricing Analysis, Outlook, Competitive, Strategic Insights, Drivers, Industry, Companies, Growth, Demand, Strategy, Challenges

Market Forecast By Type (Edge-Lit, Direct-Lit, Mini-LED, RGB LED, WLED), By Light Source (LED, CCFL, EL-WLED, HCFL, QD-LED), By Application (Televisions, Monitors, Laptops, Smartphones, Tablets), By Screen Size (Small Screens, Medium Screens, Large Screens, Extra-Large Screens, Variable Sizes), By Technology (TFT-LCD, IPS-LCD, VA-LCD, QLED, OLED) And Competitive Landscape
Product Code: ETC12638005 Publication Date: Apr 2025 Updated Date: Nov 2025 Product Type: Market Research Report
Publisher: 6Wresearch No. of Pages: 65 No. of Figures: 34 No. of Tables: 19

Latvia Lcd Backlight Unit Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Latvia`s import shipments of LCD backlight units saw significant growth in 2024, with top exporting countries being Denmark, Germany, China, Netherlands, and Estonia. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. The impressive compound annual growth rate (CAGR) from 2020 to 2024 at 72.66% reflects strong demand and market expansion. Furthermore, the remarkable growth rate of 141.85% from 2023 to 2024 suggests a rapidly accelerating market trend, showcasing a thriving market for LCD backlight units in Latvia.

Latvia Lcd Backlight Unit Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Key Highlights of the Report:

  • Latvia LCD Backlight Unit Market Outlook
  • Market Size of Latvia LCD Backlight Unit Market,2024
  • Forecast of Latvia LCD Backlight Unit Market, 2031
  • Historical Data and Forecast of Latvia LCD Backlight Unit Revenues & Volume for the Period 2021-2031
  • Latvia LCD Backlight Unit Market Trend Evolution
  • Latvia LCD Backlight Unit Market Drivers and Challenges
  • Latvia LCD Backlight Unit Price Trends
  • Latvia LCD Backlight Unit Porter's Five Forces
  • Latvia LCD Backlight Unit Industry Life Cycle
  • Historical Data and Forecast of Latvia LCD Backlight Unit Market Revenues & Volume By Type for the Period 2021-2031
  • Historical Data and Forecast of Latvia LCD Backlight Unit Market Revenues & Volume By Edge-Lit for the Period 2021-2031
  • Historical Data and Forecast of Latvia LCD Backlight Unit Market Revenues & Volume By Direct-Lit for the Period 2021-2031
  • Historical Data and Forecast of Latvia LCD Backlight Unit Market Revenues & Volume By Mini-LED for the Period 2021-2031
  • Historical Data and Forecast of Latvia LCD Backlight Unit Market Revenues & Volume By RGB LED for the Period 2021-2031
  • Historical Data and Forecast of Latvia LCD Backlight Unit Market Revenues & Volume By WLED for the Period 2021 - 2029
  • Historical Data and Forecast of Latvia LCD Backlight Unit Market Revenues & Volume By Light Source for the Period 2021-2031
  • Historical Data and Forecast of Latvia LCD Backlight Unit Market Revenues & Volume By LED for the Period 2021-2031
  • Historical Data and Forecast of Latvia LCD Backlight Unit Market Revenues & Volume By CCFL for the Period 2021-2031
  • Historical Data and Forecast of Latvia LCD Backlight Unit Market Revenues & Volume By EL-WLED for the Period 2021-2031
  • Historical Data and Forecast of Latvia LCD Backlight Unit Market Revenues & Volume By HCFL for the Period 2021-2031
  • Historical Data and Forecast of Latvia LCD Backlight Unit Market Revenues & Volume By QD-LED for the Period 2021 - 2029
  • Historical Data and Forecast of Latvia LCD Backlight Unit Market Revenues & Volume By Application for the Period 2021-2031
  • Historical Data and Forecast of Latvia LCD Backlight Unit Market Revenues & Volume By Televisions for the Period 2021-2031
  • Historical Data and Forecast of Latvia LCD Backlight Unit Market Revenues & Volume By Monitors for the Period 2021-2031
  • Historical Data and Forecast of Latvia LCD Backlight Unit Market Revenues & Volume By Laptops for the Period 2021-2031
  • Historical Data and Forecast of Latvia LCD Backlight Unit Market Revenues & Volume By Smartphones for the Period 2021-2031
  • Historical Data and Forecast of Latvia LCD Backlight Unit Market Revenues & Volume By Tablets for the Period 2021 - 2029
  • Historical Data and Forecast of Latvia LCD Backlight Unit Market Revenues & Volume By Screen Size for the Period 2021-2031
  • Historical Data and Forecast of Latvia LCD Backlight Unit Market Revenues & Volume By Small Screens for the Period 2021-2031
  • Historical Data and Forecast of Latvia LCD Backlight Unit Market Revenues & Volume By Medium Screens for the Period 2021-2031
  • Historical Data and Forecast of Latvia LCD Backlight Unit Market Revenues & Volume By Large Screens for the Period 2021-2031
  • Historical Data and Forecast of Latvia LCD Backlight Unit Market Revenues & Volume By Extra-Large Screens for the Period 2021-2031
  • Historical Data and Forecast of Latvia LCD Backlight Unit Market Revenues & Volume By Variable Sizes for the Period 2021 - 2029
  • Historical Data and Forecast of Latvia LCD Backlight Unit Market Revenues & Volume By Technology for the Period 2021-2031
  • Historical Data and Forecast of Latvia LCD Backlight Unit Market Revenues & Volume By TFT-LCD for the Period 2021-2031
  • Historical Data and Forecast of Latvia LCD Backlight Unit Market Revenues & Volume By IPS-LCD for the Period 2021-2031
  • Historical Data and Forecast of Latvia LCD Backlight Unit Market Revenues & Volume By VA-LCD for the Period 2021-2031
  • Historical Data and Forecast of Latvia LCD Backlight Unit Market Revenues & Volume By QLED for the Period 2021 - 2029
  • Historical Data and Forecast of Latvia LCD Backlight Unit Market Revenues & Volume By OLED for the Period 2021 - 2029
  • Latvia LCD Backlight Unit Import Export Trade Statistics
  • Market Opportunity Assessment By Type
  • Market Opportunity Assessment By Light Source
  • Market Opportunity Assessment By Application
  • Market Opportunity Assessment By Screen Size
  • Market Opportunity Assessment By Technology
  • Latvia LCD Backlight Unit Top Companies Market Share
  • Latvia LCD Backlight Unit Competitive Benchmarking By Technical and Operational Parameters
  • Latvia LCD Backlight Unit Company Profiles
  • Latvia LCD Backlight Unit Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Latvia LCD Backlight Unit Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Latvia LCD Backlight Unit Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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1 Executive Summary

2 Introduction

2.1 Key Highlights of the Report

2.2 Report Description

2.3 Market Scope & Segmentation

2.4 Research Methodology

2.5 Assumptions

3 Latvia LCD Backlight Unit Market Overview

3.1 Latvia Country Macro Economic Indicators

3.2 Latvia LCD Backlight Unit Market Revenues & Volume, 2021 & 2031F

3.3 Latvia LCD Backlight Unit Market - Industry Life Cycle

3.4 Latvia LCD Backlight Unit Market - Porter's Five Forces

3.5 Latvia LCD Backlight Unit Market Revenues & Volume Share, By Type, 2021 & 2031F

3.6 Latvia LCD Backlight Unit Market Revenues & Volume Share, By Light Source, 2021 & 2031F

3.7 Latvia LCD Backlight Unit Market Revenues & Volume Share, By Application, 2021 & 2031F

3.8 Latvia LCD Backlight Unit Market Revenues & Volume Share, By Screen Size, 2021 & 2031F

3.9 Latvia LCD Backlight Unit Market Revenues & Volume Share, By Technology, 2021 & 2031F

4 Latvia LCD Backlight Unit Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing demand for LCD displays in various applications such as televisions, smartphones, and automotive displays.

4.2.2 Technological advancements leading to enhanced backlight unit efficiency and performance.

4.2.3 Growing adoption of energy-efficient backlight units to meet sustainability goals.

4.3 Market Restraints

4.3.1 Fluctuating prices of raw materials used in manufacturing LCD backlight units.

4.3.2 Intense competition among key market players leading to price wars.

4.3.3 Volatile demand due to economic uncertainties impacting consumer spending on electronic devices.

5 Latvia LCD Backlight Unit Market Trends

6 Latvia LCD Backlight Unit Market, By Types

6.1 Latvia LCD Backlight Unit Market, By Type

6.1.1 Overview and Analysis

6.1.2 Latvia LCD Backlight Unit Market Revenues & Volume, By Type, 2021 - 2031F

6.1.3 Latvia LCD Backlight Unit Market Revenues & Volume, By Edge-Lit, 2021 - 2031F

6.1.4 Latvia LCD Backlight Unit Market Revenues & Volume, By Direct-Lit, 2021 - 2031F

6.1.5 Latvia LCD Backlight Unit Market Revenues & Volume, By Mini-LED, 2021 - 2031F

6.1.6 Latvia LCD Backlight Unit Market Revenues & Volume, By RGB LED, 2021 - 2031F

6.1.7 Latvia LCD Backlight Unit Market Revenues & Volume, By WLED, 2021 - 2031F

6.2 Latvia LCD Backlight Unit Market, By Light Source

6.2.1 Overview and Analysis

6.2.2 Latvia LCD Backlight Unit Market Revenues & Volume, By LED, 2021 - 2031F

6.2.3 Latvia LCD Backlight Unit Market Revenues & Volume, By CCFL, 2021 - 2031F

6.2.4 Latvia LCD Backlight Unit Market Revenues & Volume, By EL-WLED, 2021 - 2031F

6.2.5 Latvia LCD Backlight Unit Market Revenues & Volume, By HCFL, 2021 - 2031F

6.2.6 Latvia LCD Backlight Unit Market Revenues & Volume, By QD-LED, 2021 - 2031F

6.3 Latvia LCD Backlight Unit Market, By Application

6.3.1 Overview and Analysis

6.3.2 Latvia LCD Backlight Unit Market Revenues & Volume, By Televisions, 2021 - 2031F

6.3.3 Latvia LCD Backlight Unit Market Revenues & Volume, By Monitors, 2021 - 2031F

6.3.4 Latvia LCD Backlight Unit Market Revenues & Volume, By Laptops, 2021 - 2031F

6.3.5 Latvia LCD Backlight Unit Market Revenues & Volume, By Smartphones, 2021 - 2031F

6.3.6 Latvia LCD Backlight Unit Market Revenues & Volume, By Tablets, 2021 - 2031F

6.4 Latvia LCD Backlight Unit Market, By Screen Size

6.4.1 Overview and Analysis

6.4.2 Latvia LCD Backlight Unit Market Revenues & Volume, By Small Screens, 2021 - 2031F

6.4.3 Latvia LCD Backlight Unit Market Revenues & Volume, By Medium Screens, 2021 - 2031F

6.4.4 Latvia LCD Backlight Unit Market Revenues & Volume, By Large Screens, 2021 - 2031F

6.4.5 Latvia LCD Backlight Unit Market Revenues & Volume, By Extra-Large Screens, 2021 - 2031F

6.4.6 Latvia LCD Backlight Unit Market Revenues & Volume, By Variable Sizes, 2021 - 2031F

6.5 Latvia LCD Backlight Unit Market, By Technology

6.5.1 Overview and Analysis

6.5.2 Latvia LCD Backlight Unit Market Revenues & Volume, By TFT-LCD, 2021 - 2031F

6.5.3 Latvia LCD Backlight Unit Market Revenues & Volume, By IPS-LCD, 2021 - 2031F

6.5.4 Latvia LCD Backlight Unit Market Revenues & Volume, By VA-LCD, 2021 - 2031F

6.5.5 Latvia LCD Backlight Unit Market Revenues & Volume, By QLED, 2021 - 2031F

6.5.6 Latvia LCD Backlight Unit Market Revenues & Volume, By OLED, 2021 - 2031F

7 Latvia LCD Backlight Unit Market Import-Export Trade Statistics

7.1 Latvia LCD Backlight Unit Market Export to Major Countries

7.2 Latvia LCD Backlight Unit Market Imports from Major Countries

8 Latvia LCD Backlight Unit Market Key Performance Indicators

8.1 Average power consumption per unit of backlight output.

8.2 Percentage of LCD displays incorporating advanced backlight technologies.

8.3 Adoption rate of energy-efficient backlight units in various end-user industries.

9 Latvia LCD Backlight Unit Market - Opportunity Assessment

9.1 Latvia LCD Backlight Unit Market Opportunity Assessment, By Type, 2021 & 2031F

9.2 Latvia LCD Backlight Unit Market Opportunity Assessment, By Light Source, 2021 & 2031F

9.3 Latvia LCD Backlight Unit Market Opportunity Assessment, By Application, 2021 & 2031F

9.4 Latvia LCD Backlight Unit Market Opportunity Assessment, By Screen Size, 2021 & 2031F

9.5 Latvia LCD Backlight Unit Market Opportunity Assessment, By Technology, 2021 & 2031F

10 Latvia LCD Backlight Unit Market - Competitive Landscape

10.1 Latvia LCD Backlight Unit Market Revenue Share, By Companies, 2024

10.2 Latvia LCD Backlight Unit Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

Export potential assessment - trade Analytics for 2030

Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.

By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.

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