According to a new market research study titled
'Stage and Scenery Equipment Market to 2025 - Global Analysis and Forecasts by
Rigging Types, Hoist Types and Application', the global stage and scenery
equipment market is calculated to account for US$651.0 Mn by 2025 as compared
to US$ 527.1 Mn in 2016, growing at a CAGR of 2.5% during the forecast period
from 2017 to 2025. The report highlights the trends prevalent in the global
stage and scenery equipment market and the factors driving the market along
with those that act as deterrents to its growth.
The expansion of stage and scenery equipment market is poised during the
forecast period from 2017 to 2025, relating to different factors prevailing in
the industry across the globe. The major factor fueling the market growth is
the demand for automated rigging systems among the end users. This is due to
the fact that, the automatic or motorized systems increases the impact of
production, which in turn increases the customer attraction. Automated rigging
provides the assurance of predictable, consistent scenery movements at every
performance. The movement to motorized rigging has affected theatres at all
levels - from middle schools to opera houses. Thus, the market for stage and
scenery equipment is expected to be driven to owing to the above mentioned
factor.
The future of stage and scenery equipment market is foreseen to be impressing,
pertaining to various prevailing factors as well as the upcoming technologies.
The end users of stage and scenery equipment market such as club houses,
concert groups, ballroom owners, theater owners, and corporate show houses are
making their move to adopt hybrid systems, since these hybrid systems
facilitates in reducing the initial establishment costs. The hybrid systems can
be operated manually as well as automatically, as per the requirement. The
systems are operated manually where fixed speeds are required, and also
operated automatically where variable speed operation is required. The advent
of hybrid systems in stage and scenery equipment field is acting as an
opportunity. Furthermore, the demand for energy efficient motorized rigging
systems is expected to drive the market to a greater extend. The manufacturers
of stage and scenery equipment are constantly researching on the development of
robust technologies in order to simplify the procedure more. The manufacturers
are developing adjustable or variable speed drives which are highly energy
efficient and has this development is expected to bolster the market for stage
and scenery equipment market significantly over the years.
The global stage and scenery equipment market has been segmented in basis of
various parameters such as rigging system types, hoist types, application and
geography. Based on rigging systems types, the market for stage and scenery
equipment is segmented as dead hung, manually operated counterweight rigging,
and motorized. The hoist type segment is divided into two types as fixed speed
and variable speed types. The end users of the stage and scenery equipment
market includes theater, clubs, concerts, corporate shows, ball rooms, and others.
The market for stage and scenery equipment is categorized on basis of regions
across the globe as North America, Europe, Asia Pacific, Middle East and Africa
and South America.
The major players having a good hold over the stage and scenery equipment market
can look to venture for business enhancement. The key players profiled in the
report are Trekwerk, J R Clancy, Inc., Mountain Production Inc., TAIT Towers,
Electronics Theatre Controls (ETC) Contents, Texas Scenic Company Inc.,
eZ-Hoist, Protech, Theatre Rigging Specialists and Thern Stage Equipment among
others.
The report segments the global stage and scenery equipment market as follows:
Global Stage and Scenery Equipment Market - By Rigging Systems Types
Dead Hung
Manually Operated Counterweight Rigging
Motorized
Global Stage and Scenery Equipment Market - By Hoist Types
Fixed Speed
Variable Speed
Global Stage and Scenery Equipment Market - By Application
Theatre
Clubs
Concerts
Corporate Shows
Ball Rooms
Others
Global Stage and Scenery Equipment Market - By Geography
North America
U.S.
Canada
Mexico
Europe
France
Germany
Russia
U.K
Asia Pacific (APAC)
Japan
China
India
Middle East & Africa (MEA)
Saudi Arabia
South Africa
UAE
Rest of MEA
South America (SAM)
Brazil