Reports
Global Neon Gas Market: By Application: Semiconductor, LCD, Imaging and Lighting, Laser, Others; By End Use: Aerospace and Aircraft, Automotive and Transportation Equipment, Electronics, Healthcare, Others; Regional Analysis; Historical Market and Forecast (2018-2028); Competitive Landscape; Industry Events and Developments
Global Neon Gas Market Outlook
The global neon gas market, by volume, is estimated to reach 891.92 million litres by 2027, growing at a CAGR of 7.1% during 2023-2028.
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Global Market for Neon Gas to be Driven by the Increasing Consumption in Imaging and Lighting Applications
Neon is known for its characteristic ability to produce light and vibrant colours in an electric field. Hence, it finds several applications in the imaging and lighting industry. Besides advertising signs and boards, neon gas is also used in the making of fog lights due to the ability of neon to produce highly-penetrative lasers. Thus, neon gas is seeing increasing consumption in countries with colder climates. Neon further has the property to obtain a wide variety of colours via mixture with other gases, hence making it an extremely versatile material in the imaging and lighting industry.
The neon gas industry is seeing rapid growth especially in the Asia Pacific due to its use in the making of semiconductors and consumer electronics. Its applications in the automotive, transport, aerospace, and aircraft industries are driving its consumption in North America and Europe.
Neon Gas: Market Segmentation
Neon is a chemical element that comes under a group known as ‘noble gases’. These are a group of inert gases which are very stable in nature. Neon is a colourless, odourless gas and is found in trace amounts in the atmosphere. It exhibits a distinct orange-red glow when placed in an electric field.
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The major applications of neon gas are:
The market can be broadly categorised on the basis of its end-use segments into:
- Aerospace and Aircraft
- Automotive and Transportation Equipment
- Electronics
- Healthcare
- Others
The EMR report looks into the regional markets of neon gas like North America, Europe, the Asia Pacific, and the rest of the world.
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Growth in Semiconductors and Consumer Electronics Sectors to Drive Demand for Neon Gas
Neon gas is used in the making of LCD displays that have numerous uses in various consumer electronics products. Besides this, it has extensive uses in the making of semiconductors which are integral to the functioning of any electronic product. Hence, the rapid growth of the consumer electronics sector is expected to drive the growth of the neon gas industry, especially in the Asia Pacific.
Neon gas also has multiple uses in the aerospace and aircraft sectors. It is used as an aircraft beacon due to its far-reaching lighting properties and finds applications as a coolant for various equipment in the aircraft industry. This is expected to further contribute to the industry growth in the coming years.
Key Industry Players in the Global Neon Gas Market
The report presents a detailed analysis of the following key players in the global neon gas market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- Linde plc
- L’Air Liquide S.A. (Air Liquide)
- Ingas LLC
- Cryoin Engineering Ltd.
- Messer Group GmbH
- Others
The comprehensive report looks into the macro and micro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Application, End Use, Region |
| Breakup by Application | Semiconductor, LCD, Imaging and Lighting, Laser, Others |
| Breakup by End Use | Aerospace and Aircraft, Automotive and Transportation Equipment, Electronics, Healthcare, Others |
| Breakup by Region | North America, Europe, Asia Pacific and Rest of the World |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Price Analysis | Historical and Forecast Price Trends |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Linde plc, L’Air Liquide S.A. (Air Liquide), Ingas LLC, Cryoin Engineering Ltd., Messer Group GmbH, Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Neon Gas Market Analysis
8.1 Key Industry Highlights by Volume
8.2 Global Neon Gas Historical Market by Volume (2018-2022)
8.3 Global Neon Gas Market Forecast by Volume (2023-2028)
8.4 Key Industry Highlights by Value
8.5 Global Neon Gas Historical Market by Value (2018-2022)
8.6 Global Neon Gas Market Forecast by Value (2023-2028)
8.7 Global Neon Gas Market by Application
8.7.1 Semiconductor
8.7.1.1 Market Share
8.7.1.2 Historical Trend (2018-2022)
8.7.1.3 Forecast Trend (2023-2028)
8.7.2 LCD
8.7.2.1 Market Share
8.7.2.2 Historical Trend (2018-2022)
8.7.2.3 Forecast Trend (2023-2028)
8.7.3 Imaging and Lighting
8.7.3.1 Market Share
8.7.3.2 Historical Trend (2018-2022)
8.7.3.3 Forecast Trend (2023-2028)
8.7.4 Laser
8.7.4.1 Market Share
8.7.4.2 Historical Trend (2018-2022)
8.7.4.3 Forecast Trend (2023-2028)
8.7.5 Others
8.8 Global Neon Gas Market by End Use
8.8.1 Aerospace and Aircraft
8.8.1.1 Market Share
8.8.1.2 Historical Trend (2018-2022)
8.8.1.3 Forecast Trend (2023-2028)
8.8.2 Automotive and Transportation Equipment
8.8.2.1 Market Share
8.8.2.2 Historical Trend (2018-2022)
8.8.2.3 Forecast Trend (2023-2028)
8.8.3 Electronics
8.8.3.1 Market Share
8.8.3.2 Historical Trend (2018-2022)
8.8.3.3 Forecast Trend (2023-2028)
8.8.4 Healthcare
8.8.4.1 Market Share
8.8.4.2 Historical Trend (2018-2022)
8.8.4.3 Forecast Trend (2023-2028)
8.8.5 Others
8.9 Global Neon Gas Market by Region
8.9.1 Market Share
8.9.1.1 North America
8.9.1.2 Europe
8.9.1.3 Asia Pacific
8.9.1.4 Rest of the World
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 The Netherlands
9.2.3.4 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2018-2022)
9.3.2 Forecast Trend (2023-2028)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 Korea
9.3.3.4 Taiwan
9.3.3.5 Others
9.4 Rest of the World
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Price Analysis
11.1 North America Historical Price Trends (2018-2022) and Forecast (2023-2028)
11.2 Europe Historical Price Trends (2018-2022) and Forecast (2023-2028)
11.3 Asia Pacific Historical Price Trends (2018-2022) and Forecast (2023-2028)
12 Competitive Landscape
12.1 Market Structure
12.2 Company Profiles
12.2.1 Linde plc
12.2.1.1 Company Overview
12.2.1.2 Product Portfolio
12.2.1.3 Demographic Reach and Achievements
12.2.1.4 Certifications
12.2.2 L’Air Liquide S.A. (Air Liquide)
12.2.2.1 Company Overview
12.2.2.2 Product Portfolio
12.2.2.3 Demographic Reach and Achievements
12.2.2.4 Certifications
12.2.3 Ingas LLC
12.2.3.1 Company Overview
12.2.3.2 Product Portfolio
12.2.3.3 Demographic Reach and Achievements
12.2.3.4 Certifications
12.2.4 Cryoin Engineering Ltd.
12.2.4.1 Company Overview
12.2.4.2 Product Portfolio
12.2.4.3 Demographic Reach and Achievements
12.2.4.4 Certifications
12.2.5 Messer Group GmbH
12.2.5.1 Company Overview
12.2.5.2 Product Portfolio
12.2.5.3 Demographic Reach and Achievements
12.2.5.4 Certifications
12.2.6 Others
13 Industry Events and Developments
List of Key Figures and Tables
1. Global Neon Gas Market: Key Industry Highlights by Volume, 2017 and 2027
2. Global Neon Gas Market: Key Industry Highlights by Value, 2017 and 2027
3. Global Neon Gas Historical Market: Breakup by Application (USD Million), 2018-2022
4. Global Neon Gas Market Forecast: Breakup by Application (USD Million), 2023-2028
5. Global Neon Gas Historical Market: Breakup by End Use (USD Million), 2018-2022
6. Global Neon Gas Market Forecast: Breakup by End Use (USD Million), 2023-2028
7. Global Neon Gas Historical Market: Breakup by Region (USD Million), 2018-2022
8. Global Neon Gas Market Forecast: Breakup by Region (USD Million), 2023-2028
9. North America Neon Gas Historical Market: Breakup by Country (USD Million), 2018-2022
10. North America Neon Gas Market Forecast: Breakup by Country (USD Million), 2023-2028
11. Europe Neon Gas Historical Market: Breakup by Country (USD Million), 2018-2022
12. Europe Neon Gas Market Forecast: Breakup by Country (USD Million), 2023-2028
13. Asia Pacific Neon Gas Historical Market: Breakup by Country (USD Million), 2018-2022
14. Asia Pacific Neon Gas Market Forecast: Breakup by Country (USD Million), 2023-2028
15. Neon Historical Price Trends and Forecast 2018-2028
16. Global Neon Gas Market Structure
Key Questions Answered in the Report
The neon gas market is expected to grow at a CAGR of 7.1%, by volume, between 2022 and 2027.
The major drivers of the industry, such as rising disposable incomes, increasing applications in imaging and lighting, rapid urbanisation, growing healthcare industry, and extensive use in aircraft and aerospace industries are expected to aid the market growth.
The key trend in the industry is the rapid growth of the semiconductor and consumer electronics sectors, which are the significant end use segments of neon gas. This growth is especially prominent in the Asia Pacific region.
The major regional markets are North America, Europe, the Asia Pacific, and the rest of the world.
The significant applications of the product include semiconductor, LCD, imaging and lighting, and laser, among others.
The chief end use segments of the product are aerospace and aircraft, automotive and transportation equipment, electronics, and healthcare, among others.
The key players of the market are Linde plc, L’Air Liquide S.A. (Air Liquide), Ingas LLC, Cryoin Engineering Ltd., Messer Group GmbH, among others.
Analyst Review
The global neon gas market, by volume, is estimated to reach 891.92 million litres by 2027, growing at a CAGR of 7.1% during 2023-2028.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its application, the global neon gas market can be segmented into semiconductor, LCD, imaging and lighting, and laser, among others. On the basis of end use, the end use the market can be divided into aerospace and aircraft, automotive and transportation equipment, electronics, and healthcare, among others. The major regional markets for neon gas are North America, Europe, the Asia Pacific, and the rest of the world. The key players in the above market include Linde plc, L’Air Liquide S.A. (Air Liquide), Ingas LLC, Cryoin Engineering Ltd., Messer Group GmbH, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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