The market for indicator panels with liquid crystal devices or light-emitting diodes in the UK is anticipated to decrease from 2024 onwards, with a forecast of reaching 160.34 million euros by 2028, down from 181.21 million euros in 2024. This represents a year-on-year decline of approximately 2.95% on average from 2024 to 2028. Prior to 2024, the market size in 2023 was at 186.59 million euros, indicating a slight contraction even before the forecast period.
Future trends to watch for include technological advancements in energy efficiency and sustainability, which may drive growth opportunities, along with potential innovations that could revitalize market interest. Additionally, the growing adoption of advanced display technologies in various sectors might counterbalance declining trends, presenting segments of growth within a broadly contracting market.
