(Companies: Samsung Electronics Co.Ltd., LG Display Co.Ltd, NEC Display Solutions, Sharp Corporation, and Planar Systems)
Asia-Pacific’s sign manufacturing market accounts for the largest share in the global sign manufacturing market.
The sign manufacturing market consists of sales of signs by entities (organizations, sole traders and partnerships) that produce signs. The sign manufacturing industry comprises establishments that produce signs and related displays of all materials (except printing paper and paperboard signs, notices, and displays).
Major players in the global sign manufacturing market include Samsung Electronics Co.Ltd., LG Display Co.Ltd, NEC Display Solutions, Sharp Corporation, and Planar Systems.
Samsung Electronics Co., Ltd. is a South Korean multinational electronics company headquartered in Suwon, South Korea. Due to some circular ownership, it is the flagship company of the Samsung chaebol, accounting for around 70% of the group’s revenue in 2012. Samsung is a major manufacturer of electronic components such as lithium-ion batteries, semiconductors, chips and flash memory devices for clients such as Apple, Sony, HTC and Nokia.
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The sign manufacturing market is expected to reach a value of nearly $147 billion by 2022, significantly growing at a steady growth rate of about 8% during the forecast period. The growth in the sign manufacturing market is due to emerging markets growth, rise in disposable income, technology development.
However, the market for sign manufacturing is expected to face certain restraints from several factors such as lack of available resources, workforce issues and increasing inventory levels.
There is a rise in demand for digital signage due to its better information managing capabilities. Digital Signage is an obscurely administered digital display that is used for sales, marketing or advertisement purposes. Digital Signage enables to easily deploy advertisements and also saves cost and time on logistics and printing materials as the major trends witnessed in the global sign manufacturing market
With an increase in positive economic outlook, growth of e-commerce, government regulations, the scope and potential for the global sign manufacturing market is expected to significantly rise in the forecast period.
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Few points from List of Tables
Table 1: Historic Market Growth, Value ($ Billion)
Table 2: Forecast Market Growth, Value ($ Billion)
Table 3: Global Sign Manufacturing Market, 2018, By Region, Value ($ Billion)
Table 4: Global Sign Manufacturing Market, 2014 – 2022, Historic And Forecast, By Region
Table 5: Global Sign Manufacturing Market, Growth And Market Share Comparison, By Region
Table 6: Global Sign Manufacturing Market, Segmentation By Type, 2014 – 2022, Value ($ Billion)
Table 7: Sign Manufacturing Market Size, Percentage Of GDP, 2014 – 2022, Global
Table 8: Per Capita Average Sign Manufacturing Market Expenditure, 2014 – 2022, Global
Table 9: Asia-Pacific, Sign Manufacturing Market, 2018, By Country, Value ($ Billion)
Table 10: Asia-Pacific, Sign Manufacturing Market, 2014 – 2022, Historic And Forecast, By Country
Table 11: Asia-Pacific, Sign Manufacturing Market, 2014 – 2022, Growth And Market Share Comparison, By Country
Table 12: Per Capita Average Sign Manufacturing Expenditure, 2014 – 2022, Asia-Pacific Countries
Table 13: Number of Enterprises, Sign Manufacturing Market, Sign Manufacturing Market/Number of Enterprises, 2018, Asia-Pacific Countries
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