LED Neon Lights Market Analysis

  • Report ID: 5674
  • Published Date: Aug 14, 2024
  • Report Format: PDF, PPT

Global LED Neon Lights Market

  1.  Introduction
    1.  Study Objective
    2. Market Taxonomy
    3. Study Assumptions and Abbreviations
  2. Research Methodology
    1. Secondary Research
    2. Primary Research
    3. Data Triangulation
  3. Executive Summary
  4. Global Industry Overview 
    1. Regional Synopsis
    2. Industry Supply Chain Analysis
    3. DROT
      1. Drivers
      2. Restraints
      3. Opportunities
      4. Trends
    4. Government Regulation
    5. Competitive Landscape
      1. LED Neon Flex
      2. Elemental LED
      3. Nova Flex LED
      4. Solid Apollo LED
      5. Lightstec
      6. Elstar
      7. INCISEON
      8. Honest Exhibition Limited
      9. A1designs
      10. Zhongshan J.M.X Electronics Co., Ltd.
      11. Beyond LED Technology
    6. Ongoing Technological Advancements
    7. Type Analysis for LED Neon Lights Market
    8. Price Benchmarking
    9. Patent Analysis
    10. SWOT Analysis
    11. Analysis of Strategic Initiatives Adopted by Key Players
    12. Analysis of Product Performance and Customer Insights
    13. Recent Development Analysis
    14. Supplier/Distributor Analysis
    15. EXIM Analysis
    16. Porter Five Forces Analysis
    17. Industry Risk Assessment
    18. Growth Outlook 
  5. Global Outlook and Projections
    1. Global Overview
      1. Market Value (USD Million), Current and Future Projections, 2024-2037
      2. Increment $ Opportunity Assessment, 2024-2037
      3. Year-on-Year Growth Forecast (%)
    2. Global Segmentation (USD Million), 2024-2037, By
      1. Type, Value (USD Million)
        1. Silicone
        2. PVC
        3. Others
      2. Application, Value (USD Million)
        1. Household
        2. Commercial
      3. Distribution Channel, Value (USD Million)
        1. Online Retail
        2. Offline Retail
      4. Regional Synopsis (USD Million), 2024-2037
        1. North America, Value (USD Million)
        2. Europe, Value (USD Million)
        3. Asia Pacific, Value (USD Million)
        4. Latin America, Value (USD Million)
        5. Middle East and Africa, Value (USD Million)
  6. North America Market
    1. Overview
      1. Market Value (USD Million), Current and Future Projections, 2024-2037
      2. Increment $ Opportunity Assessment, 2024-2037
      3. Year-on-Year Growth Forecast (%)
    2. Segmentation (USD Million), 2024-2037, By
      1. Type, Value (USD Million)
        1. Silicone
        2. PVC
        3. Others
      2. Application, Value (USD Million)
        1. Household
        2. Commercial
      3. Distribution Channel, Value (USD Million)
        1. Online Retail
        2. Offline Retail
      4. Country Level Analysis (USD Million)
        1. US
        2. Canada
  7. Europe Market
    1. Overview
      1. Market Value (USD Million), Current and Future Projections, 2024-2037
      2. Increment $ Opportunity Assessment, 2024-2037
      3. Year-on-Year Growth Forecast (%)
    2. Segmentation (USD Million), 2024-2037, By
      1. Type, Value (USD Million)
        1. Silicone
        2. PVC
        3. Others
      2. Application, Value (USD Million)
        1. Household
        2. Commercial
      3. Distribution Channel, Value (USD Million)
        1. Online Retail
        2. Offline Retail
      4. Country Level Analysis (USD Million)
        1. UK
        2. Germany
        3. France
        4. Italy
        5. Spain
        6. NORDIC
        7. Russia
        8. Rest of Europe
  8. Asia Pacific Market
    1. Overview
      1. Market Value (USD Million), Current and Future Projections, 2024-2037
      2. Increment $ Opportunity Assessment, 2024-2037
      3. Year-on-Year Growth Forecast (%)
    2. Segmentation (USD Million), 2024-2037, By
      1. Type, Value (USD Million)
        1. Silicone
        2. PVC
        3. Others
      2. Application, Value (USD Million)
        1. Household
        2. Commercial
      3. Distribution Channel, Value (USD Million)
        1. Online Retail
        2. Offline Retail
      4. Country Level Analysis (USD Million)
        1. China
        2. Japan
        3. India
        4. Australia
        5. South Korea
        6. Vietnam
        7. Thailand
        8. Singapore
        9. Malaysia
        10. Rest of Asia Pacific
  9. Latin America Market
    1. Overview
      1. Market Value (USD Million), Current and Future Projections, 2024-2037
      2. Increment $ Opportunity Assessment, 2024-2037
      3. Year-on-Year Growth Forecast (%)
    2. Segmentation (USD Million), 2024-2037, By
      1. Type, Value (USD Million)
        1. Silicone
        2. PVC
        3. Others
      2. Application, Value (USD Million)
        1. Household
        2. Commercial
      3. Distribution Channel, Value (USD Million)
        1. Online Retail
        2. Offline Retail
      4. Country-Level Analysis (USD Million)
        1. Brazil
        2. Argentina
        3. Mexico
        4. Rest of Latin America
  10. Middle East & Africa Market
    1. Overview
      1. Market Value (USD Million), Current and Future Projections, 2024-2037
      2. Increment $ Opportunity Assessment, 2024-2037
      3. Year-on-Year Growth Forecast (%)
    2. Segmentation (USD Million), 2024-2037, By
      1. Type, Value (USD Million)
        1. Silicone
        2. PVC
        3. Others
      2. Application, Value (USD Million)
        1. Household
        2. Commercial
      3. Distribution Channel, Value (USD Million)
        1. Online Retail
        2. Offline Retail
      4. Country Level Analysis (USD Million)
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
  11. Global Economic Scenario
    1. World Economic Outlook
  12. About Research Nester
    1. Our Global Clientele
    2. We Serve Clients Across World 

LED Neon Lights Market Analysis

Type (Silicone, PVC, Others)

The silicone segment in the LED neon lights market is projected to hold a revenue share of 44.4% by 2037 owing to its distinct set of characteristics that make it an ideal material for LED neon light production. The segment is witnessing a spike in demand due to the temperature resistance of silicone LED neon lights, which allows them to bear different temperatures without affecting performance.

Silicone LED neon lights adoption is on the rise as they are resistant to UV, making them able to be exposed to the sun for a more extended period without fading or deteriorating. As a result, companies are shifting their focus to launch smart LED neon lights made with silicone. For example, in April 2024, Hama launched its latest Neon LED light strip in Europe for indoor and outdoor use. This smart RGB light offers a wide color gamut and lighting effects that may be remotely adjusted by app or voice command. Such innovations are anticipated to drive the LED neon lights market growth by the end of 2037.

Application (Household, Commercial)

The commercial segment is anticipated to lead the LED neon lights market with a massive share of 57.9% during the forecast period owing to high use of LED neon lights in advertisement and sign industries, interior decoration, and outdoor lighting. Companies are focusing on utilizing applications of LED neon light such as energy efficiency, long lifespan, and high esthetic value to drive the demand among the commercial customer base. For instance, in July 2024, Nova Flex announced that it had formed a strategic partnership with ELA + Synergy, one of the top lighting and electrical solution providers that strive to ensure quality service and products to its customers across the New York Metro Territory.

Our in-depth analysis of the LED neon lights market includes the following segments:

           Segment

Subsegments

           Type

  • Silicone
  • PVC
  • Others

           Application

  • Household
  • Commercial

           Distribution Channel

  • Online Retail
  • Offline Retail
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Browse Key Market Insights with Data Illustration:


Author Credits:  Abhishek Verma


  • Report ID: 5674
  • Published Date: Aug 14, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In 2024, the industry size of LED neon lights was USD 1.3 billion.

The global LED neon lights market size is expected to reach USD 1.3 billion in 2024, and is anticipated to surpass USD 3.3 billion by the end of 2037, rising at a CAGR of 7.5% during the forecast period, i.e., 2025-2037. In 2025, the industry size of LED neon lights will be valued at USD 1.4 billion.

Key players in the market are Elemental LED, Nova Flex LED, Solid Apollo LED, Lightstec, Elstar, INCISEON, Honest Exhibition Limited, A1designs, Zhongshan J.M.X Electronics Co., Ltd., and Beyond LED Technology.

The silicone segment is expected to dominate the LED neon lights market, holding a significant share of 44.4% during the forecast period.

Asia Pacific is anticipated to provide lucrative opportunities for expansion to companies in the LED neon lights sector in the coming years.
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