Global Neon Panel Lights Market Growth 2023-2029

Global Neon Panel Lights Market Growth 2023-2029

The global Neon Panel Lights market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

United States market for Neon Panel Lights is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Neon Panel Lights is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Neon Panel Lights is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Neon Panel Lights players cover Bulgin, Carling Technologies, CW Industries, Dialight, E-Switch, Hammond Manufacturing, Moujen, NKK Switches and Omron Automation and Safety, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

Neon panel indicator light is a kind of indicator light that uses neon gas discharge to generate light. It is usually used in electrical equipment, instrumentation, control panels, etc. to indicate the status, operating status, and warning information of the equipment. The working principle of the neon panel indicator light is to use the discharge phenomenon of neon gas. When the current passes through the neon gas, the neon gas will discharge and produce bright light. The neon panel indicator light is usually composed of a neon tube and a corresponding circuit. The circuit provides appropriate voltage and current to discharge the neon tube and produce bright light. Neon panel indicators usually use neon tubes of different colors, such as red, green, yellow, etc., as well as different tube shapes and brightness, to meet different indication requirements.

Neon panel indicators were widely used in various electrical equipment and instruments in the past, such as televisions, refrigerators, air conditioners, electronic clocks, industrial control panels, etc. However, with the continuous development and popularization of LED technology, LED indicators have gradually replaced neon panel indicators, because LED indicators have the advantages of lower energy consumption, longer life, richer colors and lighting effects. Despite this, neon panel lights are still widely used in certain applications and retain a certain market share in some nostalgic or retro designs.

LPI (LP Information)' newest research report, the “Neon Panel Lights Industry Forecast” looks at past sales and reviews total world Neon Panel Lights sales in 2022, providing a comprehensive analysis by region and market sector of projected Neon Panel Lights sales for 2023 through 2029. With Neon Panel Lights sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Neon Panel Lights industry.

This Insight Report provides a comprehensive analysis of the global Neon Panel Lights landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Neon Panel Lights portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Neon Panel Lights market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Neon Panel Lights and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Neon Panel Lights.

This report presents a comprehensive overview, market shares, and growth opportunities of Neon Panel Lights market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Round
Rectangle
Other

Segmentation by application
Electrical Equipment
Instrumentation
other

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Bulgin
Carling Technologies
CW Industries
Dialight
E-Switch
Hammond Manufacturing
Moujen
NKK Switches
Omron Automation and Safety
RAFIUSA
Siemens
Visual Communications Company

Key Questions Addressed in this Report

What is the 10-year outlook for the global Neon Panel Lights market?

What factors are driving Neon Panel Lights market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Neon Panel Lights market opportunities vary by end market size?

How does Neon Panel Lights break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?



Please note: The report will take approximately 2 business days to prepare and deliver.