The market size of indicator panels with liquid crystal devices or light-emitting diodes in the UK has witnessed fluctuating trends over the past decade. From 2013's peak at 250.16 million euros, the market faced a consistent decline until a slight uptick in 2021. In 2023, the sector stood at 186.47 million euros. The period from 2013 to 2023 saw significant year-on-year variations and a downward trend reflected by a compound annual growth rate of -2.76% over the last five years.
Future trends to watch include:
- Technological advancements driving innovation and new applications.
- Increasing demand in emerging markets potentially boosting sales.
- Challenges from economic conditions affecting consumer spending patterns.
- Shifts towards sustainable and energy-efficient technologies.
How does the United Kingdom rank in Indicator Panels with Liquid Crystal Devices or Light Emitting Diodes Market Size Value?
| # | 5 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 374,980,000 | 2023 | +0.52% | -0.43% | View data |
| 2 | 2 Spain | 193,460,000 | 2023 | +1.6% | +1.12% | View data |
| 3 | 3 United Kingdom | 186,470,000 | 2023 | -2.64% | -2.76% | |
| 4 | 4 Poland | 108,690,000 | 2023 | +0.13% | -1.55% | View data |
| 5 | 5 Croatia | 7,614,600 | 2023 | +3.3% | +2.78% | View data |
