Market Overview:
The global signage lighting market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for energy-efficient signage lighting solutions and the growing trend of using digital signage. The front glowing segment is expected to hold the largest share of the global signage lighting market in 2018, followed by side glowing and back glowing segments. The front glowing segment is projected to grow at a CAGR of 7% from 2018 to 2030, while the side glowing and back glowing segments are projected to grow at a CAGR of 5% and 6%, respectively, during the same period. The commercial streets application segment is expected to hold the largest share ofthe global signage lighting market in 2018, followed by roads and other applications segments.
Product Definition:
Signage lighting is the use of light to illuminate or improve the visibility of signage. Signage lighting can be used to improve legibility, create a more pleasing visual environment, and draw attention to a sign.
Front Glowing:
Front glowing is a type of neonatal advertising or neon signage. It's the practice of displaying messages in the form of neon signs to attract customers' attention in retail stores, malls, and other public places. The technique was first used commercially by Taikisha, a Japanese electrical equipment manufacturer who exhibited products at Tokyo Station during its reconstruction in the early 1960s. Since then it has become an important tool for attracting customers and promoting brands across all industries and industry verticals globally.
Side Glowing:
Side glowing is a type of neon lighting in which the glass tube that contains the gas is placed on one side of the sign and electrical connections are made to it from an external source of power. The electric current causes ions to glow due to exposure to ultraviolet light, which produces different colors.
Application Insights:
The roads application segment accounted for the largest share of over 50% in 2017. The need for advertising on roads has been increasing with the growing popularity of social media and e-commerce. Various companies are focusing on developing innovative solutions to promote their products through road signage which is a positive sign for market growth.
Roads are one of the most important parts of any city, they connect different areas and provide directions to various places, thus they play an important role in a city¢â‚¬â„¢s infrastructure. As social responsibility has become an essential part by law enforcement agencies across countries have been making efforts towards improving public safety by installing streetlights at intersections and along highways which will improve traffic conditions as well as safety around the globe thereby positively impacting market growth over next few years.
The other application segment includes outdoor advertising boards such as railway stations, bus stands etc.
Regional Analysis:
North America dominated the global signage lighting market in 2017. The region is expected to maintain its position during the forecast period. Increasing adoption of digital signs in North American countries such as U.S., Canada, and Mexico is one of the major factors driving regional growth.
Asia Pacific is anticipated to be the fastest-growing region over the forecast period owing to increasing investments by governments for building public infrastructure such as roadsides.
Growth Factors:
- Increasing demand for illuminated signage in retail and commercial spaces
- Rising awareness about the benefits of using signage lighting for branding and marketing purposes
- Growing popularity of LED-based signage lighting systems due to their energy efficiency and low maintenance costs
- Proliferation of digital signage solutions that require illumination for better visibility
- Increasing number of construction projects in developing countries that are driving demand for sign lighting products
Scope Of The Report
Report Attributes
Report Details
Report Title
Signage Lighting Market Research Report
By Type
Front Glowing, Side Glowing, Back Glowing
By Application
Roads, Commercial Streets, Other
By Companies
Current (GE), Holophane, Sign A Rama, Zhengzhou Jinshi, Current (GE)
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
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Signage Lighting Market Report Segments:
The global Signage Lighting market is segmented on the basis of:
Types
Front Glowing, Side Glowing, Back Glowing
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
Roads, Commercial Streets, Other
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:
- Current (GE)
- Holophane
- Sign A Rama
- Zhengzhou Jinshi
- Current (GE)
Highlights of The Signage Lighting 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:
- Front Glowing
- Side Glowing
- Back Glowing
- By Application:
- Roads
- Commercial Streets
- Other
- 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 Signage Lighting 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?
Signage lighting is the use of light to identify and attract attention to a particular product, service, or location. It can be used in retail settings, transportation hubs, airports, convention centers and other public areas.
Some of the major companies in the signage lighting market are Current (GE), Holophane, Sign A Rama, Zhengzhou Jinshi, Current (GE).
The signage lighting market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Signage Lighting 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 Signage Lighting Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Signage Lighting 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 Signage Lighting 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 Signage Lighting Market Size & Forecast, 2020-2028
4.5.1 Signage Lighting Market Size and Y-o-Y Growth
4.5.2 Signage Lighting Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Front Glowing
5.2.2 Side Glowing
5.2.3 Back Glowing
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Roads
6.2.2 Commercial Streets
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Signage Lighting 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 Signage Lighting 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Front Glowing
9.6.2 Side Glowing
9.6.3 Back Glowing
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 Market Size Forecast by Applications
9.10.1 Roads
9.10.2 Commercial Streets
9.10.3 Other
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Front Glowing
10.6.2 Side Glowing
10.6.3 Back Glowing
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 Market Size Forecast by Applications
10.10.1 Roads
10.10.2 Commercial Streets
10.10.3 Other
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Front Glowing
11.6.2 Side Glowing
11.6.3 Back Glowing
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 Market Size Forecast by Applications
11.10.1 Roads
11.10.2 Commercial Streets
11.10.3 Other
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Front Glowing
12.6.2 Side Glowing
12.6.3 Back Glowing
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 Market Size Forecast by Applications
12.10.1 Roads
12.10.2 Commercial Streets
12.10.3 Other
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Front Glowing
13.6.2 Side Glowing
13.6.3 Back Glowing
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) Market Size Forecast by Applications
13.10.1 Roads
13.10.2 Commercial Streets
13.10.3 Other
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 Signage Lighting Market: Competitive Dashboard
14.2 Global Signage Lighting Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Current (GE)
14.3.2 Holophane
14.3.3 Sign A Rama
14.3.4 Zhengzhou Jinshi
14.3.5 Current (GE)
