Insights and Prediction of Stage Lighting Global Market Report (2019-2026)
The newly Stage Lighting market report provided a complete view of the present and future market. Deep analysis of enterprise competition pattern, enterprise product advantages and disadvantages, regional industrial layout characteristics. The base year considered for the study is 2018 and the market size is projected from 2019 to 2026.
There will be many uncertainties in the next few years due to the overall economic downturn in China and the complicated international economic situation in the past few years. In addition, the market lighting industry has been in short supply in recent years. More and more companies are entering the stage lighting industry. Product demand is relatively low, demand is insufficient, and supply is excessive. Ordinary stage lighting products on the market are not selling well; the price of Stage Lighting is lower than in the past few years. The signal of market price changes indicates the trend of the stage lighting industry, the overcapacity of low-end products, and the shortage of high-end products.
There is still a certain amount of space in the market for the demand for stage lighting products, but basically, it shows that high-end products are scarce and low-end products have excess capacity. Domestic companies have great advantages in terms of price. The patent is a key factor for foreign companies to take up more market share in the future.
Despite the presence of competition problems, due to the global recovery trend is clear, investors are still optimistic about this area; the future will still have more new investment enter the field.
Product Information
Stage Lighting is the craft of lighting, and stage lighting is suitable for the production of theatre, dance, opera, and other performance arts. Stage Lighting has floodlight, spotlight, etc. Stage Lighting color, brightness, etc. can change with the story.
On the basis of products, the various types include Par light, Moving head light, Strobe light, and Other.
On the basis of application, the Stage Lighting market is segmented into Entertainment venues, Concerts, KTV package room, Dance halls, Bars, and Other.
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Market Insights
According to a new research study, the Stage Lighting market size is expected to reach USD 3,315 million by 2026 from USD 2,499 million in 2019, with a compound annual growth rate of 4.12% during the forecast period.
The increasing use of innovative, spectacular lights display for concerts, plays, operas, dance performances, theatre, and other performances are propelling the growth of the stage lighting market. The intensity, color, distribution, direction, and movement impact the theatrics of performance and boosts the demand for this lighting equipment in the global market. The growing end-users’ spending sentiments on music concerts and festivals are also expected to positively impact the development of the stage lighting market. Moreover, the availability of low-cost LEDs and the development of wireless digital technology will contribute to the transformation of the global stage lighting market.
Regional Segment Analysis
Europe is the global market leader at a share of 35.67%. North America is currently leading Asia-Pacific with a share of 33.25% and 24.58%. Continual upgrades and replacements are driving the demand for new products in the European market. The US and Canada are the largest revenues generators in the North American region in the global stage lighting market. The high spending power of the millennials and boomers, growing participation in music festivals, increasing adoption of smartphones, inclination toward new technology, and high urbanization are some of the major factors driving the growth of the North American market.
On the other hand, countries such as China, Japan, Australia, South Korea, and India are the largest revenues generators in the Asia-Pacific market. Latin America is also becoming the world's hotspot for live concerts and performances in the global market. The increasing inflow of FDI and per capita disposable income of people is augmenting the evolution of the Latin America stage lighting market.
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Competitive Players
The global stage lighting market is highly fragmented, with the presence of various regional and local players. The leading vendors are leveraging technology to launch innovations and upgrades in LED fixtures to sustain the competition in the market. Major companies are using new business models and focusing on developing the portfolio of their establishments to gain a maximum number of consumers and gain a larger global market share.
The leading vendors in the market are Robe, Martin, Chauvet, ADJ Group, and JB. Other prominent vendors in the market are Stadio due, ETC, Visage, SGM, Yajiang Photoelectric, PR Lighting, Golden Sea, Fine Art Light, ACME, Colorful light, Deliya, Hi-LTTE, Guangzhou Ever Famous Electronic, TOPLED Lighting Electronics, Lightsky, Grand Plan, GTD Lighting, and others.
Key questions answered in the report
l What will the market size and growth rate be in 2026?
l What segment or region will drive or lead the market growth and what are the reasons?
l How will market drivers, constraints and future opportunities affect market dynamics and subsequent analysis of relevant trends?
l What key strategies are used by top vendors to increase revenue?
Target Audience for this Report
l Stage Lighting manufacturers
l Stage Lighting traders, distributors, and suppliers
l Raw material suppliers of Stage Lighting
l Stage Lighting industry associations
l Product managers, Stage Lighting industry administrator, C-level executives of the industries
l Market Research and consulting firms
l Small and Medium-sized Enterprises (SMEs)
l Government agencies and NGOs
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Table of Content
1 Report Overview
1.1 Product Definition and Scope
1.2 PEST (Political, Economic, Social and Technological) Analysis of Stage Lighting Market
…
2 Market Trends and Competitive Landscape
3 Segmentation of Stage Lighting Market by Types
4 Segmentation of Stage Lighting Market by End-Users
5 Market Analysis by Major Regions
6 Product Commodity of Stage Lighting Market in Major Countries
7 North America Stage Lighting Landscape Analysis
8 Europe Stage Lighting Landscape Analysis
9 Asia Pacific Stage Lighting Landscape Analysis
10 Latin America, Middle East & Africa Stage Lighting Landscape Analysis
11 Major Players Profile
11.1 Robe
11.1.1 Robe Company Profile and Recent Development
11.1.2 Market Performance
11.1.3 Product and Service Introduction
11.2 Martin
11.3 Chauvet
11.4 ADJ Group
11.5 JB
11.6 Stadio due
11.7 ETC
11.8 Visage
11.9 SGM
11.10 Yajiang Photoelectric
11.11 PR Lighting
11.12 Golden Sea
11.13 Fine Art Light
11.14 ACME
11.15 Colorful light
11.16 Deliya
11.17 Hi-LTTE
11.18 Guangzhou Ever Famous Electronic
11.19 TOPLED Lighting Electronics
11.20 Lightsky
…
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