Germany leads the global export of lighting or visual signaling equipment, closely followed by China and Mexico. The United States and the Czech Republic also hold significant shares. The most notable year-on-year changes are observed in Canada, the Philippines, Saudi Arabia, Kazakhstan, Armenia, Mongolia, and Malta, with increases suggesting growing export capabilities. Conversely, countries like Norway, Brunei, and Madagascar experienced declines, indicating a possible reduction in export competitiveness.
Future trends to watch include technological advancements and emerging markets, particularly in Asia and Africa, that could influence shifts in global market dynamics. Increasing demand for energy-efficient and smart lighting solutions may also drive future export growth.
Top countries in Export of Lighting or Visual Signalling Equipment Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 14.06 | 2023 | +3.52% | +3.17% | View data |
| 2 | 2 China | 12.67 | 2023 | +3.59% | +4% | View data |
| 3 | 3 Mexico | 9.75 | 2023 | +4.48% | +3.91% | View data |
| 4 | 4 United States | 9.47 | 2023 | +3.82% | +4.28% | View data |
| 5 | 5 Czech Republic | 8.72 | 2023 | +2.74% | +0.64% | View data |
| 6 | 6 Slovakia | 5.69 | 2023 | +4.67% | +3.8% | View data |
| 7 | 7 France | 4.32 | 2023 | +2.73% | +3.06% | View data |
| 8 | 8 South Korea | 4.26 | 2023 | +3.85% | +5.24% | View data |
| 9 | 9 Japan | 3.98 | 2023 | +2.38% | -0.55% | View data |
| 10 | 10 Spain | 3.93 | 2023 | +3.22% | +3.63% | View data |
