The Croatian market for Indicator Panels with Liquid Crystal Devices or Light Emitting Diodes has experienced various growth phases from 2013 to 2023, achieving a value of 7.6146 million euros in 2023. A general upward trend is evident, albeit with slight declines in 2017 and 2021. High growth was observed in 2018, followed by more modest increases in recent years. The Compound Annual Growth Rate (CAGR) over the past five years stands at 2.78%, indicating steady but moderate expansion.
Looking forward, future trends to watch include technological advancements in display technology, increased adoption in automotive and consumer electronics, and potential impacts from economic conditions and regulatory changes. Enhanced functionality and energy efficiency will be key drivers in market dynamics.
How does Croatia 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% | View data |
| 4 | 4 Poland | 108,690,000 | 2023 | +0.13% | -1.55% | View data |
| 5 | 5 Croatia | 7,614,600 | 2023 | +3.3% | +2.78% |
