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Variable Message Signage Manufacturing - Industry Market Research Report

  • June 2016
  • -
  • Ibisworld
  • -
  • 31 pages

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Lit up: The industry will experience an increase in demand as key downstream markets improve



Abstract

Variable Message Signage Manufacturing

Industry operators experienced significant declines over the five years to 2015, particularly in 2011. As a result of declining demand from key downstream buyers, weak consumer spending and a decline in the number of businesses, industry revenue tanked. However, over the next five years, the industry is expected to increase as the economy improves and demand for industry products increase.

This industry manufactures variable message electronic signs, which can be manufactured using LEDs or incandescent lights and display messages that can be programmed electronically. Industry product include digital billboards,

scoreboards and highway signs purchased by government agencies to display traffic alerts.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.



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