Factors Driving Growth in the LED Neon Lights Market Posted in Business on December 6, 2024 Share FacebookTwitterPinterestWhatsApp The business Research Company has released an insightful report detailing the growth and trends in the Global LED Neon Lights Market, projecting an increase from $1.25 billion in 2023 to $1.34 billion in 2024, with a compound annual growth rate (CAGR) of 7.4%. The report highlights factors driving this growth, such as energy efficiency, customization, and rising demand in urban and home décor sectors. Additionally, it forecasts a market expansion to $1.74 billion by 2028, led by technological innovations and the growth of commercial and non-commercial buildings. Key industry players include Eaton Corporation and OSRAM Licht AG, among others. The research provides stakeholders with critical market insights, aiding in strategic decision-making and competitive advantage. Original source: https://www.openpr.com/news/3774922/led-light-emitting-diode-neon-lights-market-growth-drivers Read More Trends Driving Instructor Calls for Research on LED Light Glare Business EXKA Chooses Sollum’s Advanced LED Grow Light Technology to Boost Cannabis Production Trends Company Secures $3 Million Contract for LED Street Light Installation in Sydney Business Key Trends Shaping Hotel Lighting for 2014
The business Research Company has released an insightful report detailing the growth and trends in the Global LED Neon Lights Market, projecting an increase from $1.25 billion in 2023 to $1.34 billion in 2024, with a compound annual growth rate (CAGR) of 7.4%. The report highlights factors driving this growth, such as energy efficiency, customization, and rising demand in urban and home décor sectors. Additionally, it forecasts a market expansion to $1.74 billion by 2028, led by technological innovations and the growth of commercial and non-commercial buildings. Key industry players include Eaton Corporation and OSRAM Licht AG, among others. The research provides stakeholders with critical market insights, aiding in strategic decision-making and competitive advantage.