Report overview
The global Neon Panel Lights market was valued at US$ million in 2023 and is projected to reach US$ million by 2030, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2023, While China is Forecast to Reach $ Million.
Round Segment to Reach $ Million by 2030, with a % CAGR in next six years.
The global key manufacturers of Neon Panel Lights include Bulgin, Carling Technologies, CW Industries, Dialight, E-Switch, Hammond Manufacturing, Moujen, NKK Switches and Omron Automation and Safety, etc. in 2023, the global top five players have a share approximately % in terms of revenue.
Neon panel indicator light is a kind of indicator light that uses neon gas discharge to generate light. It is usually used in electrical equipment, instrumentation, control panels, etc. to indicate the status, operating status, and warning information of the equipment. The working principle of the neon panel indicator light is to use the discharge phenomenon of neon gas. When the current passes through the neon gas, the neon gas will discharge and produce bright light. The neon panel indicator light is usually composed of a neon tube and a corresponding circuit. The circuit provides appropriate voltage and current to discharge the neon tube and produce bright light. Neon panel indicators usually use neon tubes of different colors, such as red, green, yellow, etc., as well as different tube shapes and brightness, to meet different indication requirements.
Neon panel indicators were widely used in various electrical equipment and instruments in the past, such as televisions, refrigerators, air conditioners, electronic clocks, industrial control panels, etc. However, with the continuous development and popularization of LED technology, LED indicators have gradually replaced neon panel indicators, because LED indicators have the advantages of lower energy consumption, longer life, richer colors and lighting effects. Despite this, neon panel lights are still widely used in certain applications and retain a certain market share in some nostalgic or retro designs.
This report aims to provide a comprehensive presentation of the global market for Neon Panel Lights, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Neon Panel Lights. This report contains market size and forecasts of Neon Panel Lights in global, including the following market information:
Global Neon Panel Lights Market Revenue, 2019-2024, 2025-2030, ($ millions)
Global Neon Panel Lights Market Sales, 2019-2024, 2025-2030, (K Units)
Global top five Neon Panel Lights companies in 2023 (%)
We surveyed the Neon Panel Lights manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Neon Panel Lights Market, by Type, 2019-2024, 2025-2030 ($ Millions) & (K Units)
Global Neon Panel Lights Market Segment Percentages, by Type, 2023 (%)
Round
Rectangle
Other
Global Neon Panel Lights Market, by Application, 2019-2024, 2025-2030 ($ Millions) & (K Units)
Global Neon Panel Lights Market Segment Percentages, by Application, 2023 (%)
Electrical Equipment
Instrumentation
other
Global Neon Panel Lights Market, By Region and Country, 2019-2024, 2025-2030 ($ Millions) & (K Units)
Global Neon Panel Lights Market Segment Percentages, By Region and Country, 2023 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Neon Panel Lights revenues in global market, 2019-2024 (Estimated), ($ millions)
Key companies Neon Panel Lights revenues share in global market, 2023 (%)
Key companies Neon Panel Lights sales in global market, 2019-2024 (Estimated), (K Units)
Key companies Neon Panel Lights sales share in global market, 2023 (%)
Further, the report presents profiles of competitors in the market, key players include:
Bulgin
Carling Technologies
CW Industries
Dialight
E-Switch
Hammond Manufacturing
Moujen
NKK Switches
Omron Automation and Safety
RAFIUSA
Siemens
Visual Communications Company
Outline of Major Chapters:
Chapter 1: Introduces the definition of Neon Panel Lights, market overview.
Chapter 2: Global Neon Panel Lights market size in revenue and volume.
Chapter 3: Detailed analysis of Neon Panel Lights manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Neon Panel Lights in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Neon Panel Lights capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
