Stage Lighting Global Market Outlook and Forecast to 2028: Expansion of Music Industry & Demand for Live Performances Fuels the Sector

DUBLIN, May 10, 2023 /PRNewswire/ -- The "Stage Lighting Market - Global Outlook and Forecast 2023-2028" report has been added to  ResearchAndMarkets.com's offering.

The global stage lighting market is expected to grow at a CAGR of 4.55% from 2022 to 2028

Market Trends and Opportunities

Night Clubs, Bars, And Resto Bars Gaining Traction In APAC

The ever-changing trend in people's lifestyles and behavior has contributed to the growing popularity of bars and pubs in the APAC countries. Consumer lifestyle is changing with the rising IT and BPO sectors in India and other APAC countries. Such factors have resulted in rising disposable income, which the younger generation is ready to spend on leisure and entertainment and visit pubs, nightclubs, resto-bars very often. The economic impact of the nightclub industry extends far to the stage lighting market.

Increased Demand For Technically Advanced Products

The stage lighting market is driven by technologically reformed products and has witnessed a range of new features penetrating its value chain. A vast range of products is making a difference across the industry due to continuous innovation and quality improvements. Technology has been an integral part of this market, from traditional lamps to modern-day smart wireless light controllers.

Industry Restraints

Volatility In Raw Material Prices

Raw materials constitute the single largest cost component in the stage lighting fixtures and control solutions market, comprising approximately 40% to 60% of the overall cost of production. Prices of major raw materials used to manufacture stage lighting fixtures and control solutions, such as steel, aluminum, plastic, and rubber, have increased significantly over the last few years. The volatility of raw material prices also seriously threatens vendor profit margins in the stage lighting market.

Other operating expenses, such as labor wages, are also rising. Rising raw materials cost further surged manufacturing costs by another band of 5% to 7%, narrowing profit margins. Adding to all these costs, Chinese manufacturers add more worries to the company's top line as they bring up low-cost products. These factors burden vendors that strive to produce efficient stage lighting solutions at affordable costs to cope with increasing market competition.

Vendor Landscape

The global stage lighting market is highly fragmented, with many local and international players. The competition among these players is intense. The rapidly changing technological environment can adversely affect vendors as customers expect continual innovations and upgrades in LED fixtures.

The present scenario forces vendors to alter and refine their unique value proposition to achieve a strong market presence. The leading vendors in the industry are Philips Lighting, OSRAM, and HARMAN International (Samsung). The competition among these key players is intense.

Key Company Profiles

• HARMAN International (Samsung)
• OSRAM
• Signify Holding (Philips)

Other Prominent Vendors

• Absen America
• Altman Lighting
• ANTARI LIGHTING & EFFECTS
• Apollo Design Technology
• Ayrton
• Blizzard Lighting
• Chauvet Professional
• Chroma-Q
• City Theatrical
• Core Lighting
• Dexel
• Eaton Electrical Systems
• Elektralite
• Elation Professional
• ENTTEC
• Epsilon Professional Lighting
• ETC
• German Light Products
• Golden Sea Professional Equipment
• Kumho Electric
• Leprecon
• Litetronics International
• Lycian Stage Lighting
• MA Lighting Technology
• Mighty Bright
• MLS
• Nicolaudie
• Pathway Connectivity
• PROEL
• Red Lighting
• Rosco
• SGM Light A/S
• Studio Due
• Techni-Lux
• Teclumen
• Ultra-Tech Lighting
• Ushio Lighting
• Zumtobel Group
• Robert Juliat

Key Questions Answered:
1. How big is the stage lighting market?
2. What is the growth rate of the stage lighting market?
3. Who are the key players in the global stage lighting market?
4. What are the key driving factors in the stage lighting market?
5. Which region dominates the global stage lighting market?

Key Topics Covered:

1 Research Methodology

2 Research Objectives

3 Research Process

4 Scope & Coverage

5 Report Assumptions & Caveats
5.1 Key Caveats
5.2 Currency Conversion
5.3 Market Derivation

6 Premium Insights
6.1 Report Overview
6.2 Industry Insights
6.3 Opportunity & Challenge Analysis
6.4 Segment Analysis
6.5 Regional Analysis
6.6 Competitive Landscape

7 Market at a Glance

8 Introduction
8.1 Overview
8.1.1 Stage Lighting Variables
8.1.2 Stage Lighting Functions
8.1.3 Protocols
8.1.4 Special Effects
8.1.5 Key Terminologies
8.2 Macroeconomic Factors That Enable Market Growth
8.2.1 Economic Development
8.2.2 Per Capita Gdp in Developing Markets
8.2.3 Dual-Income Households in Developed Markets
8.3 Value Chain Analysis
8.3.1 Raw Material Suppliers
8.3.2 Manufacturers
8.3.3 Distributors & Wholesalers
8.3.4 Retailers & Dealers
8.3.5 End-Users
8.3.6 Service Providers
8.4 Importance of Stage Lighting in Sports
8.4.1 Beijing Olympics 2022
8.4.2 International Cricket Council (Icc) Men's T20 World Cup 2022
8.4.3 Fifa 2022

9 Distribution Channel
9.1 An Overview
9.2 Manufacturers & Channel Partners
9.3 Distributors
9.4 Retail Distribution
9.5 Online Distribution

10 Market Opportunities & Trends
10.1 Adoption of Smart Wireless Lighting Control
10.2 Increased Number of Sports Events
10.3 Convergence of Pro Av & Iot
10.4 Popularity of Nightclubs, Bars & Resto Bars in Apac
10.5 Increased Exhibitions, Conferences & Seminars

11 Market Growth Enablers
11.1 Expansion of Music Industry & Demand for Live Performances
11.2 Demand for Technologically Advanced Products
11.3 Demand for Led Stage Lights

12 Market Restraints
12.1 Volatility in Raw Material Prices
12.2 Increased Labor Cost & Cost Trade-Offs
12.3 Political Turbulence in Key Markets

13 Market Landscape
13.1 Market Overview
13.2 Market by Geography
13.3 Market Size & Forecast
13.4 Five Forces Analysis
13.4.1 Threat of New Entrants
13.4.2 Bargaining Power of Suppliers
13.4.3 Bargaining Power of Buyers
13.4.4 Threat of Substitutes
13.4.5 Competitive Rivalry

14 Product
14.1 Market Snapshot & Growth Engine
14.2 Market Overview

15 Lighting Fixtures
15.1 Market Snapshot & Growth Engine
15.2 Market Overview
15.2.1 Lighting Fixtures: Market by Geography
15.3 Pars
15.3.1 Market Size & Forecast
15.3.2 Pars: Market by Geography
15.4 Striplights & Cyc Lights
15.4.1 Market Size & Forecast
15.4.2 Striplights & Cyc Lights: Market by Geography
15.5 Ellipsoidals
15.5.1 Market Size & Forecast
15.5.2 Ellipsoidals: Market by Geography
15.6 Fresnels
15.6.1 Market Size & Forecast
15.6.2 Fresnels: Market by Geography
15.7 Followspots
15.7.1 Market Size & Forecast
15.7.2 Followspots: Market by Geography
15.8 Beam Projectors
15.8.1 Market Size & Forecast
15.8.2 Beam Projectors: Market by Geography
15.9 Scoops
15.9.1 Market Size & Forecast
15.9.2 Scoops: Market by Geography
15.10 Fixture Movement
15.10.1 Market Overview
15.10.2 Automated/Intelligent Fixtures: Market Size & Forecast
15.10.3 Automated/Intelligent Fixtures: Market by Geography
15.10.4 Static Fixtures: Market Size & Forecast
15.10.5 Static Fixtures: Market by Geography
15.11 Lighting Source
15.11.1 Market Overview
15.11.2 Conventional Lighting: Market Size & Forecast
15.11.3 Conventional Lighting: Market by Geography
15.11.4 Led Lighting: Market Size & Forecast
15.11.5 Led Lighting: Market by Geography

16 Lighting Control Systems
16.1 Market Snapshot & Growth Engine
16.2 Market Overview
16.2.1 Lighting Control Systems: Market by Geography
16.3 Controllers
16.3.1 Market Size & Forecast
16.3.2 Controllers: Market by Geography
16.4 Visualizers
16.4.1 Market Size & Forecast
16.4.2 Visualizers: Market by Geography

17 End-Use
17.1 Market Snapshot & Growth Engine
17.2 Market Overview
17.3 Touring Rental
17.3.1 Market Size & Forecast
17.3.2 Touring Rental: Market by Geography
17.4 Fixed Installation
17.4.1 Market Size & Forecast
17.4.2 Fixed Installation: Market by Geography

18 Application
18.1 Market Snapshot & Growth Engine
18.2 Market Overview
18.3 Concerts
18.3.1 Market Size & Forecast
18.3.2 Market by Geography
18.4 Corporate Events
18.4.1 Market Size & Forecast
18.4.2 Market by Geography
18.5 Broadcast Industry
18.5.1 Market Size & Forecast
18.5.2 Market by Geography
18.6 Weddings/ Events
18.6.1 Market Size & Forecast
18.6.2 Market by Geography
18.7 Hospitality Industry
18.7.1 Market Size & Forecast
18.7.2 Market by Geography
18.8 Architectural & Commercial Installs
18.8.1 Market Size & Forecast
18.8.2 Market by Geography
18.9 Houses of Worship
18.9.1 Market Size & Forecast
18.9.2 Market by Geography
18.10 Dj Retail/Rec Dj
18.10.1 Market Size & Forecast
18.10.2 Market by Geography
18.11 Theaters
18.11.1 Market Size & Forecast
18.11.2 Market by Geography
18.12 Fitness/Sports
18.12.1 Market Size & Forecast
18.12.2 Market by Geography
18.13 Nightclubs
18.13.1 Market Size & Forecast
18.13.2 Market by Geography

19 Geography

20 North America

21 Europe

22 APAC

23 Latin America

24 Middle East & Africa

25 Competitive Landscape
25.1 Competition Overview

26 Key Company Profiles

27 Other Prominent Vendors

28 Report Summary

29 Quantitative Summary

30 Appendix

For more information about this report visit https://www.researchandmarkets.com/r/r24jp2

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