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LED Neon Lights Market Share

Report ID: GMI6084
Published Date: Jun 2023
Report Format: PDF

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LED Neon Lights Market Share

Some of the major players operating in the LED neon lights market are

Signify Holding
GE Lighting
Elemental LED Inc.
Best Buy Neon Signs
INCISEON

These players focus on strategic partnerships, new product launches, and commercialization efforts for market expansion. Furthermore, they heavily invest in research to introduce innovative products and garner maximum revenue in the market.

Authors: Suraj Gujar , Deeksha Vishwakarma

Frequently Asked Questions (FAQ) :

The market size for LED neon lights was valued at USD 1.26 billion in 2022 and will grow at a CAGR of over 6.5% between 2023 and 2032, backed by the rising emphasis on energy conservation and environmental sustainability.

Silicone LED neon light market segment is expected to witness a CAGR of over 7.5% during 2023 to 2032. Silicone is a highly flexible material that can be easily molded into various shapes & designs, making it ideal for creating intricate & curved structures of LED neon lights.

Asia Pacific held over 30% share in LED neon lights market in 2022 and will continue the upward trend over 2023-2032, owing to the rapid urbanization, infrastructure development, and the booming entertainment industry.

Signify Holding, GE Lighting, Elemental LED Inc., Best Buy Neon Signs, and INCISEON.