Market Overview:
The global neon signs market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as increasing demand for neon signs for advertising and commercial purposes, rising disposable income of consumers, and technological advancements in neon sign manufacturing processes. The global neon signs market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into custom neon signs, business neon signs, and others. Custom Neon Signs are further sub-segmented into channel letters & logos; illuminated signage; 3D lettering & shapes; animated signage; backlit displays & cabinets; light boxes & POP displays; marquees & scrolling message boards (SMBs); vehicle wraps/graphics (neon car wraps). Business Neon Signs are further sub-segmented into window graphics/lettering inserts (non-illuminated); wall murals/graphics inserts (non-illuminated). Others include tube lighting fixtures and under cabinet lighting. On the basis of application, the market is segmented into advertising, commercial use such as restaurants or retail stores), traffic control or construction sites), indoor decoration such as home or office interiors) and outdoor decoration such as gardens or landscapes).
Product Definition:
Neon Signs are signs that use neon gas to create light. They are often used for advertising because they are bright and eye-catching.
Custom Neon Signs:
Custom neon signs is a growing sub-industry of the neon industry. It's main purpose is to provide businesses with an alternative to standard advertising campaigns by allowing them to design unique promotional products. Neon signs are used in numerous applications such as retail stores, restaurants, hotels and even on the sides of buildings for branding and attracting customers attention. The product also finds its usage in non-retail commercial applications such as museums, airports etc.
Business Neon Signs:
Business neon signs and it's usage in the neon sign market is a two-dimensional advertising medium that consists of a series of bright lights mounted on a board or attached to an exterior wall. The term neon originates from the gas Neon Nucleus, which was first created in 1898. It was introduced as an indicator light for night clubs and various other commercial enterprises.
Application Insights:
The advertising segment accounted for the largest revenue share of over 60% in 2017. The neon signs are widely used in the advertising campaigns of various products and services, especially by the big businesses. The use of neon lights is a popular trend among small and big businesses to promote their brands visually. In addition, custom neon signs are increasingly being used for advertisement purposes owing to their flexibility and design options that help create an impact on customers¢â‚¬â„¢ senses as well as increase visibility at night time.
The commercial segment is expected to expand at a CAGR of XX% from 2018 to 2030 owing to rising demand from government buildings, hotels, restaurants.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness a significant growth rate of 5.6% over the forecast period, owing to increasing construction activities and tourism in U.S., Canada, and Mexico.
Asia Pacific is anticipated to be one of the fastest-growing regions from 2018 to 2030 owing to increasing disposable income especially among middle class population groups in China and India which has resulted into increased spending on commercial spaces such as offices, shops & markets, restaurants & bars etc.
Growth Factors:
- Increasing demand for neon signs from small businesses and startups
- Rising demand for neon signs in the hospitality sector
- Growing popularity of neon signs as a marketing tool
- Technological advancements in the manufacturing of neon signs
- Increasing awareness about the benefits of using neon signs
Scope Of The Report
Report Attributes
Report Details
Report Title
Neon Signs Market Research Report
By Type
Custom Neon Signs, Business Neon Signs, Others
By Application
Advertising, Commercial, Traffic, Construction, Indoor and Outdoor Decoration, Others
By Companies
Sygns, Philips Lighting, EGL Lighting, Osram, Jesco Lighting, Sidon Lighting, Optek Electronics, NVC Lighting, Neo-Neon, SGi Lighting, Sygns
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
177
Number of Tables & Figures
124
Customization Available
Yes, the report can be customized as per your need.
Global Neon Signs Market Report Segments:
The global Neon Signs market is segmented on the basis of:
Types
Custom Neon Signs, Business Neon Signs, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Advertising, Commercial, Traffic, Construction, Indoor and Outdoor Decoration, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Sygns
- Philips Lighting
- EGL Lighting
- Osram
- Jesco Lighting
- Sidon Lighting
- Optek Electronics
- NVC Lighting
- Neo-Neon
- SGi Lighting
- Sygns
Highlights of The Neon Signs Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Custom Neon Signs
- Business Neon Signs
- Others
- By Application:
- Advertising
- Commercial
- Traffic
- Construction
- Indoor and Outdoor Decoration
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Neon Signs Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Neon signs are a type of advertising that use bright neon colors to draw attention. Neon signs typically use short, simple messages that can be seen from a long distance.
Some of the major companies in the neon signs market are Sygns, Philips Lighting, EGL Lighting, Osram, Jesco Lighting, Sidon Lighting, Optek Electronics, NVC Lighting, Neo-Neon, SGi Lighting, Sygns.
The neon signs market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Neon Signs Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Neon Signs Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Neon Signs Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Neon Signs Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Neon Signs Market Size & Forecast, 2018-2028 4.5.1 Neon Signs Market Size and Y-o-Y Growth 4.5.2 Neon Signs Market Absolute $ Opportunity
Chapter 5 Global Neon Signs Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Neon Signs Market Size Forecast by Type
5.2.1 Custom Neon Signs
5.2.2 Business Neon Signs
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Neon Signs Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Neon Signs Market Size Forecast by Applications
6.2.1 Advertising
6.2.2 Commercial
6.2.3 Traffic
6.2.4 Construction
6.2.5 Indoor and Outdoor Decoration
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Neon Signs Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Neon Signs Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Neon Signs Analysis and Forecast
9.1 Introduction
9.2 North America Neon Signs Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Neon Signs Market Size Forecast by Type
9.6.1 Custom Neon Signs
9.6.2 Business Neon Signs
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Neon Signs Market Size Forecast by Applications
9.10.1 Advertising
9.10.2 Commercial
9.10.3 Traffic
9.10.4 Construction
9.10.5 Indoor and Outdoor Decoration
9.10.6 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Neon Signs Analysis and Forecast
10.1 Introduction
10.2 Europe Neon Signs Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Neon Signs Market Size Forecast by Type
10.6.1 Custom Neon Signs
10.6.2 Business Neon Signs
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Neon Signs Market Size Forecast by Applications
10.10.1 Advertising
10.10.2 Commercial
10.10.3 Traffic
10.10.4 Construction
10.10.5 Indoor and Outdoor Decoration
10.10.6 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Neon Signs Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Neon Signs Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Neon Signs Market Size Forecast by Type
11.6.1 Custom Neon Signs
11.6.2 Business Neon Signs
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Neon Signs Market Size Forecast by Applications
11.10.1 Advertising
11.10.2 Commercial
11.10.3 Traffic
11.10.4 Construction
11.10.5 Indoor and Outdoor Decoration
11.10.6 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Neon Signs Analysis and Forecast
12.1 Introduction
12.2 Latin America Neon Signs Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Neon Signs Market Size Forecast by Type
12.6.1 Custom Neon Signs
12.6.2 Business Neon Signs
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Neon Signs Market Size Forecast by Applications
12.10.1 Advertising
12.10.2 Commercial
12.10.3 Traffic
12.10.4 Construction
12.10.5 Indoor and Outdoor Decoration
12.10.6 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Neon Signs Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Neon Signs Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Neon Signs Market Size Forecast by Type
13.6.1 Custom Neon Signs
13.6.2 Business Neon Signs
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Neon Signs Market Size Forecast by Applications
13.10.1 Advertising
13.10.2 Commercial
13.10.3 Traffic
13.10.4 Construction
13.10.5 Indoor and Outdoor Decoration
13.10.6 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Neon Signs Market: Competitive Dashboard
14.2 Global Neon Signs Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Sygns
14.3.2 Philips Lighting
14.3.3 EGL Lighting
14.3.4 Osram
14.3.5 Jesco Lighting
14.3.6 Sidon Lighting
14.3.7 Optek Electronics
14.3.8 NVC Lighting
14.3.9 Neo-Neon
14.3.10 SGi Lighting
14.3.11 Sygns