Global Neon Signs
Market Report
2024
As per Cognitive Market Research's latest published report, Neon Signs Industry's Compound Annual Growth Rate will be 5.5% from 2023 to 2030.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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As per Cognitive Market Research's latest published report, Neon Signs Industry's Compound Annual Growth Rate will be 5.5% from 2023 to 2030.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Neon Signs Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 5.5% |
Market Split by Type |
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Market Split by Application |
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Market Split by Mounting and Display Types |
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Market Split by Distribution Channel |
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Market Split by End-Users |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Neon Signs Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Neon lighting comprises of brightly glowing, electrified glass tubes or bulbs fills with rarefied neon or other gases. Neon sign is the most commonly use application of neo lighting. Other than neon sign; neon glow lamps and plasma displays are different types of neon lighting. The glass use in neon lighting is pre-powdered with a phosphor coating. To give a required shape to the glass, it is heated until gets soft and bent to shape over a paper pattern by hand or blown into the tube and then cool down. Apart from glass discharge tubes, an inert gas (neon, argon, etc.); transformer, an HT cable and wiring, and an electrical mains plug are components used in typical neon sign setup. Once the bending process is completed, these parts are assembled together. Due to the availability of customization in shape, size of the tube and colours, neon sign is becoming the most popular for many applications including advertising, signage etc. Neon signs can be either hand-blown or machine-made, and comes up with the unique specifications.
The popularity of creative neon sign is increasing day by day, due to the unique and eye-catching glow of the lights in different color and shape. It gives vibrant touch to any location and can be visible from long distance as well. Increasing number of restaurants and cafe coupled with rising disposable income globally are the key factors driving the demand of neon sign market. Longer lifespan, energy efficiency, high visibility, wide operating ranges are the main features of neon lights that helps to drive the market at fast pace. Increasing awareness about low maintenance and energy efficient neon lights, the demand of neon sign is growing rapidly.
Neon signs have wide range of applications such as advertising, marketing, decorations; due to the customization of the product. Custom neon signs play important role to promote brand. Many companies are making their logo in neon lights which make it much attractive and unique with lower energy use. For millennials and Gen Z, customize neon signs as per their choice, names, and mood is the most trending and coolest thing that increases its demand for decoration and personal application. Millennials hold the major share of the working population globally due to which, the demand of commercial and business application of neon sign is also increasing.
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Indian based custom neon sign brand has announced new collection of Neon Signs for home decor.
Environmental Lights, a U.S. based LED lighting solution provider has launched Pixel EcoFlex 4-in-1 LED Neon in horizontal and vertical bending configurations.
A U.S. based Echo Neon, manufacturer of custom LED neon sign has launched the USA's First Handcrafted, Custom-Made LED Neon Sign
Top Companies Market Share in Neon Signs Industry: (In no particular order of Rank)
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In terms of revenue, the North America Neon Signs Market share was 29.50% of the total market in 2021!
Geographically, the global market is divided into North America, Europe, Asia Pacific, Latin America, and Middle-east Countries. North America dominated the market in 2021, due to the high adoption of advance technology and rising popularity of outdoor signage. Asia Pacific is expected to be the fastest growing region due to the growing disposable income in the region resulted into infrastructure developments and number of restaurants, malls in the region.
The current report Scope analyzes Neon Signs Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
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Global Neon Signs Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Neon Signs Industry growth. Neon Signs market has been segmented with the help of its Type, Application Mounting and Display Types, and others. Neon Signs market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
On the Basis of Types, the market is the global neon signs market is classified into LED flex neon signs, traditional neon sign and others. There are several differences between the LED neon and traditional glass neon such as LED neon are inexpensive to manufacture, install and replace compare to glass neon. Glass neon are the fragile and shatter easily due to which LED neon are preferred in many applications. Therefore, LED flux neon are the fastest growing type segment of the neon signs market.
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Based on the requirement type segment, the market of neon signs is categorised into custom signs, business signs, and others. Custom neon signs are gaining popularity in recent years due to the flexible size, shape and message of the neon sign. Business neon sign have variety of applications such as directional use, hoarding boards, promotional activities and events etc.
The neon signs can be mounted by various methods including directly on wall, acrylic panel, wooden boards, mirror backing and metal panels. The most rigid surface is preferred for the mounting due to the durability. Acrylic panel is one of the fastest growing segments due to the transparent, high strength and optical clarity of the material. Based on the requirement and creative prospect, other mounting types are gaining popularity.
Advertising, traffic, directional use, decoration and others are the different applications of neon sign. Advertising segment hold the major share for the total market due to high demand for various promotional events, commercial use, marketing. In addition, decoration application expected to be one of the fastest growing segments due to the increasing awareness and popularity of customizable neon signs. In addition, personalise use of neon sign by various influencers, youtubers are propelling the demand of neon signs.
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Based on end-user segment, the neon signs market is divided into restaurants and cafes, content production studios, beauty & hair salons, retail shops, night clubs, malls and others. Restaurants & cafes and retails shops segment together dominate the total neon sign market.
Senior Research Analyst at Cognitive Market Research
ResearchGate Profile: https://www.researchgate.net/profile/Kalyani-Raje
An optimistic Senior Research Analyst with years of experience in competitive assessment and business consulting. A seasoned professional and subject-matter expert (SME) in the Automobile and transportation vertical.
With a work experience of over 10+ years in the market research and strategy development. I have worked with diverse industries, including FMCG, IT, Telecom, Automotive, Electronics and many others. I also work closely with other departments such as sales, product development, and marketing to understand customer needs and preferences, and develop strategies to meet those needs.
I am committed to staying ahead in the rapidly evolving field of research and analysis. This involves regularly attending conferences, participating in webinars, and pursuing additional certifications to enhance my skill set. I played a crucial role in conducting market research and competitive analysis. I have a proven track record of distilling complex datasets into clear, concise reports that have guided key business initiatives. Collaborating closely with multidisciplinary teams, I contributed to the development of innovative solutions grounded in thorough research and analysis.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Neon Signs Market is witnessing significant growth in the near future.
In 2023, the Custom Neon Signs segment accounted for noticeable share of global Neon Signs Market and is projected to experience significant growth in the near future.
The Advertising segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Sygns, EGL Lighting and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Type | Custom Neon Signs, Neon Open Signs, Business Neon Signs, LED Flex Neon Signs, Traditional Neon Sign, Others |
Application | Advertising, Commercial, Traffic, Construction, Indoor and Outdoor Decoration, Stage Settings |
Mounting and Display Types | Directly on Wall, Acrylic Panel, Wooden Boards, Mirror Backing, Metal Panels |
Distribution Channel | Direct Sales, Indirect Sales |
End-Users | Restaurants and Cafes, Content Production Studios, Beauty & Hair Salons, Retail Shops, Night Clubs, Malls, Others |
List of Competitors | Sygns, Philips Lighting, EGL Lighting, Osram, Jesco Lighting, Sidon Lighting, Optek Electronics, NVC Lighting, Neo Neon, SGi Lighting, IVC Signs |
This chapter will help you gain GLOBAL Market Analysis of Neon Signs. Further deep in this chapter, you will be able to review Global Neon Signs Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
Chapter 3 Europe Market Analysis
Chapter 4 Asia Pacific Market Analysis
Chapter 5 South America Market Analysis
Chapter 6 Middle East and Africa Market Analysis
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Application Analysis 2019 -2031
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Chapter 12 Market Split by Mounting and Display Types Analysis 2019 -2031
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Chapter 13 Market Split by Distribution Channel Analysis 2019 -2031
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Chapter 14 Market Split by End-Users Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Neon Signs market
Chapter 15 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Custom Neon Signs have a significant impact on Neon Signs market? |
What are the key factors affecting the Custom Neon Signs and Neon Open Signs of Neon Signs Market? |
What is the CAGR/Growth Rate of Advertising during the forecast period? |
By type, which segment accounted for largest share of the global Neon Signs Market? |
Which region is expected to dominate the global Neon Signs Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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Report Format Alteration |
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