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          1. Sign Manufacturing Industry Profile

            Report Page Length: 10-12
            Last Quarterly Update: 9/14/2020
            SIC Codes: 3993
            NAICS Codes: 339950
            Chapters Include:
            Industry Overview Trends & Challenges Industry Forecast
            Quarterly Industry Update Call Prep Questions Website & Media Links
            Business Challenges Financial Information Glossary & Acronyms
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            Excerpt from Sign Manufacturing Industry Profile

            Companies in this industry make signs used primarily to convey information and display advertising messages. Major companies include Brady Corporation, Daktronics, and Visual Graphic Systems (all of the US), as well as Shingokizai (Japan) and Marahrens Group (Germany). The industry also includes the large electronic display divisions of major electronics manufacturers such as Panasonic (Japan) and Samsung (South Korea). Producers of paper and paperboard signs are not included in the industry.

            Worldwide, sign manufacturing activity tends to be concentrated in countries with advanced economies, or in rapidly emerging markets. Some of the emerging markets with the highest GDP include Brazil, Russia, India, Indonesia, and Mexico. Other than electronic signage, most sign production tends to be local.

            The sign manufacturing industry in the US includes about 5,700 establishments (single-location companies and units of multi-location companies) with combined annual revenue of about $14 billion.

            COMPETITIVE LANDSCAPE

            Demand for signs is driven by government spending on transit infrastructure, new nonresidential construction, and advertising spending. The profitability of individual companies depends on quality of workmanship and materials, customer service, and price. Large companies have advantages in purchasing power for raw materials, and they can more easily serve national accounts. Small companies can compete effectively through offering more personalized service. The US industry is fragmented: the 50 largest companies account for about 30% of industry revenue.

            PRODUCTS, OPERATIONS & TECHNOLOGY

            Typical products include roadway and traffic information signs; on-premises signs used by businesses ...

             
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