Stage and Scenery Equipment Market Growth Analysis by 2025

Stage and Scenery Equipment Market to 2025 - Global Analysis and Forecasts by Rigging Systems Type (Dead Hung, Manually Operated Counterweight Rigging, & Motorized); Hoist Type (Fixed Speed & Variable Speed); & Application (Theatre, Clubs, Concerts, Corporate Shows, Ball Rooms, & Others)

Publication Month : Jan 2018

  • Report Code : TIPTE100000752
  • Category : Manufacturing and Construction
  • Status : Published
  • No. of Pages : 141
Inquire Before Buy

PRICING

$4550

$2730

The global stage and scenery equipment market accounted for US$ 527.1 Mn in 2016 and is expected to grow at a CAGR of 2.5% during the forecast period 2017 – 2025, to account for US$ 651.0 Mn by 2025.

Growth in the recent five years is primarily driven by two major factors, such as the rise in demand for automated rigging systems. The stage and scenery facilitate in easy movement of overhead scenery, backgrounds, audio and lighting units. These automated stage and scenery equipment are favored by theatres and clubs in countries that are grappling labor shortage, which a major factor fueling the market growth over the years. The growth of the market for stage and scenery equipment is promising during the forecast period from 2017 to 2025, pertaining to various aspects such as increasing development or up gradation of old theatres, clubs, and ballrooms. Furthermore, the strategic partnerships and mergers among the industry participants is a trend that is likely to boost the growth of the stage and scenery equipment market for the global stage and scenery equipment market during the forecast period from 2017 to 2025.

Stage and Scenery Equipment Market, By Region

  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
  • Request discounts available for Start-Ups & Universities

Stage and Scenery Equipment Market Insights

Significant Rise in Demand for Automated Rigging Systems in Theatres are Driving Stage And Scenery Equipment Market

In recent years, the global rigging systems in theatres are witnessing a significant drift towards automated or motorized rigging over manual rigging. Dramatic scenery moves can be programmed effortlessly using simple, instinctive controls. 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. Safety and efficiency are key factors in this change. Motorized sets are easier to use and do not require the handling of counterweights. The ease of use, however, does not reduce the need for operator training. Whereas the operator must have proficiency in operating computers to use motorized rigging systems. However, if the training offered is sufficient, the operator can seamlessly control the actions to be performed by rigging systems without manual labor with just a click of a button. Thus the above-mentioned reasons are expected to drive the market for stage and scenery equipment market over the forecast period.

Increasing Demand for Safety and Space Concerns

Among the three types of rigging systems, the dead hung as well as manually operated rigging systems pose safety concerns regarding its maintenance and cleaning purpose. On the other hand, motorized rigging systems come with winches with single or dual brakes for added safety for onlookers, performers, and the audience. Thus the above reason is set to increase the demand for automated or motorized rigging systems over the forecast period. However, motorized rigging systems reduced the usage of counterweight thus by reducing space inside the building.

Stage and Scenery Equipment Market, by Rigging System Type

  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
  • Request discounts available for Start-Ups & Universities

Stage and Scenery Equipment Market

Customize Research To Suit Your Requirement

We can optimize and tailor the analysis and scope which is unmet through our standard offerings. This flexibility will help you gain the exact information needed for your business planning and decision making.

Stage and Scenery Equipment Market: Strategic Insights

stage-and-scenery-equipment-market
Market Size Value inUS$ 527.1 Million in 2016
Market Size Value byUS$ 651.0 Million by 2025
Growth rateCAGR of 2.5% from 2017-2025
Forecast Period2017-2025
Base Year2017
Analyst Image

Naveen

Have a question?

Naveen will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.

Analyst Image  Speak to Analyst

The product development was observed as the most adopted strategy in the Global Stage and Scenery Equipment Market. Few of the recent strategies by some of the players in Stage and Scenery Equipment Market landscape are listed below:2017:Trekwerk completed the installation of TNM Control system at Dansenshus Stockholm. This control system will control a service bridge and 36 SynchroDisks.
2017:ETC launched Touchscreen Station for Mosaic. It’s a 4.3-inch screen which can be connected to the Mosaic system which runs through Mosaic software 2.4. This system will control and monitor the installations with color pickers, buttons, virtual faders and so on.
2017:J.R. Clancy supported Glens Falls Civic Center (GFCC) in Glens Falls, New York with newer technology. The company supplied new hoist for supporting larger scoreboard for presenting full LED screens on all sides.

GLOBAL STAGE AND SCENERY EQUIPMENT MARKET SEGMENTATION

By Rigging Systems Type

  • Dead Hung
  • Manually Operated Counterweight Rigging
  • Motorized Rigging

By Hoists Type

  • Fixed
  • Variable Speed

By End-User Application

  • Theatre
  • Clubs
  • Ball rooms
  • Others

By Geography

  • North America

    • U.S.
    • Canada
    • Mexico
  • Europe

    • France
    • Germany
    • UK
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific (APAC)

    • Australia
    • China
    • India
    • Japan
    • Rest of APAC
  • Middle East & Africa (MEA)

    • Saudi Arabia
    • South Africa
    • UAE
    • Rest of MEA
  • South America (SAM)

    • Brazil
    • Rest of SAM

Company Profiles

  • Protech
  • Trekwerk
  • Electronics Theatre Controls (ETC) Connects
  • eZ-Hoist
  • J. R. Clancy, Inc
  • Mountain Productions Inc
  • TAIT Towers
  • Texas Scenic Company (TSC) Inc.
  • Theatre Rigging Specialists, LLC
  • Thern Stage Equipment
Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

Rigging Systems Type ; Hoist Type ; & Application

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

US, Canada, Mexico, UK, Germany, Spain, Italy, France, India, China, Japan, South Korea, Australia, UAE, Saudi Arabia, South Africa, Brazil, Argentina

Frequently Asked Questions


What are reasons behind stage and scenery equipment market growth?

The growth of the stage and scenery equipment market is primarily attributed to the significant rise in demand for automated rigging systems in theatres and increasing demand for safety and space concerns. Moreover, the strategic partnerships and mergers among the industry participants is a trend that is likely to boost the growth of the market

What are market opportunities for stage and scenery equipment?

Many theatres are adopting hybrid rigging systems which consists of partial manually operated and motorized rigging systems. This helps in keeping the initial setup cost in the budget of the customers. Thus, hybrid implementation of rigging system can prove to be a future opportunity that would drive the stage and scenery equipment market in the near future.

Which rigging system type is expected to dominate the market in the forecast period?

Motorized rigging system is expected to dominate the market in the forecast period, as motorized rigging systems have been able to penetrate the developed nations owing to its higher investment cost with its additional electric motors and variable speed drives.

The List of Companies - Stage and Scenery Equipment Market

  1. Protech
  2. Trekwerk
  3. Electronics Theatre Controls (ETC) Connects
  4. eZ-Hoist
  5. J. R. Clancy, Inc.
  6. Mountain Production Inc.
  7. TAIT Towers
  8. Texas Scenic Company Inc.
  9. Theatre Rigging Specialists, LLC
  10. Thern Stage Equipment

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

Your data will never be shared with third parties, however, we may send you information from time to time about our products that may be of interest to you. By submitting your details, you agree to be contacted by us. You may contact us at any time to opt-out.

Trends and growth analysis reports related to Stage and Scenery Equipment Market