Global Signage Lighting Market is expected to grow at a significant CAGR in the upcoming years as the scope and its applications are rising enormously across the globe. The design that uses signs and symbols to communicate a message to a precise group mainly for the purpose of marketing or a kind of advocacy is termed as signage. Signage lighting is used as a way to increase visibility or as a means of conveying their information. It is exclusively used to light advertising graphics in public places such as airports, malls, and subways. Also used at shops or retail stores, business places or companies, and places to understand navigations and paths.
Signage Lighting Market is segmented based on types, product types, applications, and region. Types such as Interior Signage Lighting and Exterior Signage Lighting classify Signage Lighting Market. Product types such as Back Glowing, Front Glowing, and Side Glowing classify the market. Applications into Commercial Streets, Roads, and others classify Signage Lighting Industry. This market is segmented geographically Americas (North America, Latin America), Europe (Eastern Europe, Western Europe), Asia Pacific, Latin America, Middle East and Africa.
Globally, North America accounts for the largest market share of Signage Lighting Market and is estimated to lead the overall market in the years to come. The reason being, high demand at public places, rising use of enhanced technology, and are programmable, personable and futuristic and can communicate numerous messages. Europe and Asia Pacific follow suit. On the other hand, Asia Pacific is estimated to grow at fastest pace in the years to come.
The key players of Signage Lighting Market are Zhengzhou Jinshi, Current (GE), Sign A Rama, and Holophane. These players are concentrating on inorganic growth to sustain themselves amongst fierce competition. As such, mergers, acquisitions, and joint ventures are the need of the hour.
Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Signage Lighting in these regions, from 2012 to 2022 (forecast), covering
• North America
• Southeast Asia
Global Signage Lighting market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including
• Current (GE)
• Sign A Rama
• Zhengzhou Jinshi
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
• Front Glowing
• Side Glowing
• Back Glowing
On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate of Signage Lighting for each application, including
• Commercial Streets
Research Support Specialist, USA