Dublin, Jan. 25, 2019 (GLOBE NEWSWIRE) -- The "Stage Lighting Market - Global Outlook and Forecast 2018-2023" report has been added to ResearchAndMarkets.com's offering.
The global stage lighting market is anticipated to reach revenues of approximately $3 billion by 2023, growing at a CAGR of around 4% during 2017-2023.
The futuristic inventions in wireless digital technology and growth in the complementary digital technologies will help increase investments in the global market. The launch of high-quality products that offer ease of usage, connectivity, design, sensor technology, signal transmission, and brightness level will boost the demand for these lights.
The global stage lighting market is driven by the introduction of upgrades and expansion of product portfolios by leading vendors. The development of products with features such as ease of usage, connectivity, design, sensor technology, signal transmission, and brightness level will revolutionize the global stage lighting market. The market research report provides in-depth market analysis and segmental analysis of the global stage lighting market by product type, end-user type, application type, and geography.
The study considers the present scenario of the global stage lighting market and its market dynamics for the period 2018-2023. It covers a detailed overview of various market growth enablers, restraints, and trends. The study covers both the demand and supply sides of the market. It also profiles and analyzes the leading companies and various other prominent companies operating in the global stage lighting market.
Stage Lighting Market - Dynamics
The exponential growth of the live performance and music industry will positively impact the development of the global stage lighting market. These systems integrated with sound reinforcement devices are the heart and soul of the live music industry across the globe. The leading vendors are developing products and systems that offer ease of usability and ensures high connectivity that enables new products to be accessed via any device. The focus on easy management and superior product stability will contribute to the demand for these products in the market.
The integration of wireless technology with lighting systems will revolutionize the global stage lighting market over the next few years. The growing adoption of smart wireless lighting controls will propel the transformation of the global stage lighting market. The integration of smart lighting and IoT across industries will create lucrative opportunities for top vendors operating in the global market.
Stage Lighting Market - Segmentation
This market research report includes a detailed segmentation of the market by product type, end-user type, application type, and geography.The light fixtures segment dominated more than 3/4th of the market share in 2017, growing at a CAGR of more than 4% during the forecast period. The growing popularity of spotlights and floodlights is propelling the growth of this segment in the global market.
The large venues & events segment occupied the largest market share in 2017, growing at a CAGR of 4% during the forecast period. The increasing construction of new House of Worships, stadiums and arenas, theme parks, and the rising number of concerts, seminars, trade shows, and exhibitions is augmenting the growth of this segment in the global market.
Architainment segment occupied a small portion of the total market share in 2017, growing at CAGR of around 4% during the forecast period. The increasing use of LED fixtures along with motion sensors in many architectural buildings, monuments, and other facades is propelling the growth of this segment in the global market.
Key Vendor Analysis
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. The key 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 vendors are competing by product/service extensions, technological innovations, and M&A in the global stage lighting market. The adoption rate of various systems among end-users worldwide will create lucrative opportunities for top vendors in the global market.
The major vendors in the global stage lighting market are:
Key Topics Covered:
1 Research Methodology
2 Research Objectives
3 Research Process
4 Report Coverage
4.1 Market Definition
4.2 Base Year
4.3 Scope of Study
4.3.1 Market Segmentation by Product Type
4.3.2 Market Segmentation by End-user Type
4.3.3 Market Segmentation by Application Type
4.3.4 Market Segmentation by Geography
5 Report Assumptions & Caveats
5.1 Key Caveats
5.2 Inclusions
5.3 Exclusions
5.4 Currency Conversion
5.5 Market Derivation
6 Market at a Glance
7 Introduction
7.1 Market Overview
7.1.1 Stage Lighting Variables
7.1.2 Functions of Stage Lighting
7.1.3 Protocols
7.1.4 Special Effects
7.1.5 Key Terminologies
7.2 MacroEconomic Factors Enabling Market Growth
7.2.1 Economic Development
7.2.2 Per Capita GDP in Developing Markets
7.2.3 Dual-income Households in Developed Markets
8 Market Dynamics
8.1 Market Growth Enablers
8.1.1 Expansion of Live Performance & Music Industry
8.1.2 Increasing Number of Exhibitions, Conferences, and Seminars
8.1.3 Increased Demand for Technically Advanced Products
8.2 Market Growth Restraints
8.2.1 Volatility in Raw Material Prices
8.2.2 Increasing Labor Cost and Cost Trade-offs
8.2.3 Political Turbulences in Key Markets
8.3 Market Opportunities & Trends
8.3.1 Growing Adoption in Smart Wireless Lighting Control
8.3.2 Increasing Number of Sporting Events
9 Value Chain Analysis
9.1 Value Chain overview
9.2 Value Chain Analysis
9.2.1 Material/Substrate
9.2.2 Epitaxy
9.2.3 Package
9.2.4 Module
9.2.5 Lighting Fixture
9.2.6 Systems & Solutions
10 Global Stage Lighting Market
10.1 Market Overview
10.1.1 Historical Data 2015-2016
10.1.2 Market Size & Forecast 2017-2023
10.2 Porter's Five Forces Analysis
11 Market By Product Type
11.1 Market Overview
12 Global Stage Lighting Fixture Market
12.1 Based on Lighting Fixture Type
12.1.1 Market Overview
12.1.2 PARs: Market Size & Forecast
12.1.3 PARs: Market by Geography
12.1.4 Striplights & Cyc Lights: Market Size & Forecast
12.1.5 Striplights & Cyc Lights: Market by Geography
12.1.6 Ellipsoidals: Market Size & Forecast
12.1.7 Ellipsoidals: Market by Geography
12.1.8 Fresnels: Market Size & Forecast
12.1.9 Fresnels: Market by Geography
12.1.10 Followspots: Market Size & Forecast
12.1.11 Followspots: Market by Geography
12.1.12 Beam Projectors: Market Size & Forecast
12.1.13 Beam Projectors: Market by Geography
12.1.14 Scoops: Market Size & Forecast
12.1.15 Scoops: Market by Geography
12.2 Based on Fixture Movement
12.2.1 Market Overview
12.2.2 Automated/Intelligent Fixtures: Market Size & Forecast
12.2.3 Static Fixtures: Market Size & Forecast
12.3 Based on Light Source
12.3.1 Market Overview
12.3.2 Conventional Stage Lighting Sources: Market Size & Forecast
12.3.3 LED Stage Lighting Sources: Market Size & Forecast
13 Global Stage Lighting Control System Market
13.1 Market Overview
13.2 Global Stage Lighting Controllers Market
13.3 Global Stage Lighting Visualizers Market
13.3.1 Market Size & Forecast
13.3.2 Stage Light Visualizers: Market Size & Forecast
14 Market by Application Type
14.1 Market Overview
14.2 Global Stage Lighting Market by Large Venues & Events
14.3 Global Stage Lighting Market by Architainment
15 Market by End-Users
15.1 Market Overview
15.2 Global Stage Lighting Market by Touring Rental
15.3 Global Stage Lighting Market by Fixed Installation
16 Market by Distribution Channel
16.1 Market Overview
16.2 Manufacturer and their Channel Partners
16.3 Distributors in the channel network
16.4 Retail distribution in Lighting industry
16.5 Online Distribution Channel Network
17 Market by Geographical Segmentation
17.1 Market Overview
18 North America: Stage Lighting Market
19 Europe: Stage Lighting Market
20 APAC: Stage Lighting Market
21 Latin America: Stage Lighting Market
22 MEA: Stage Lighting Market
23 Competitive Landscape
23.1 Market Overview
23.2 Market Structure and Mapping of Competition
23.2.1 Herfindahl-Hirschman Index
23.3 Market Ranking Analysis
Key Company profiles
Other Prominent Vendors
For more information about this report visit https://www.researchandmarkets.com/research/dx3vj3/global_stage?w=12
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