In 2024, the forecasted value for the sold production of LED indicator panels in the UK is 56.212 million Euros, indicating an upward trend from actual data up to 2023. Forecast data shows incremental growth each year, reaching 61.807 million Euros by 2028. The year-on-year growth shows values of 2.56% for 2025, 2.45% for 2026, 2.34% for 2027, and 2.25% for 2028. These percentages highlight a steady growth trajectory over this period. The compound annual growth rate (CAGR) over the five years suggests a moderate annual increase.

Future trends to watch include:

Increased adoption of energy-efficient technologies, driving demand for LED panels.
Technological advancements in LED panel design and functionality.
Potential regulatory changes promoting sustainable energy solutions.
Expansion into new applications and markets boosting demand.
Impact of economic factors on production and innovation costs.