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Stage and Scenery Equipment Market Analysis to 2025 - Mountain Production, TAIT Towers, Texas Scenic Company, Protech, Trekwerk, eZ-Hoist, J R Clancy, Theatre Rigging Specialists and Thern Stage Equipment

01-25-2019 12:24 PM CET | Industry, Real Estate & Construction

Press release from: The Insight Partners

Stage and Scenery Equipment Market

Stage and Scenery Equipment Market

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 was valued at US$ 527.1 Mn in 2016 and is estimated to reach US$ 651.0 Mn by 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.

Significant Rising Demands for Automated Rigging Systems in Theatres Across the Globe is Fueling the Market for Stage and Scenery Equipment Market

Stage and scenery equipment plays a vital in beautifying and enhancing the stage’s looks and performance. Earlier, movement of various sceneries and lights were done manually but with the advent of technology, automation of the movement of sceneries and props are done with motors and winches.

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The key players operating in the market for stage and scenery equipment across the globe includes, Protech, Trekwerk, Electronics Theatre Controls (ETC) Contents, eZ-Hoist, J R Clancy, Inc., Mountain Production Inc., TAIT Towers, Texas Scenic Company Inc., Theatre Rigging Specialists and Thern Stage Equipment among others.

The growth of 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 ball rooms. Furthermore, the strategic partnerships and mergers among the industry participants is a trend that is likely to boost the growth of the market for global stage and scenery equipment market during the forecast period from 2017 to 2025. The major factor boosting the market growth is the increasing demand rigging system automation in the developed countries such as the U.S, Canada, the U.K, Germany, France, and Spain among others.

Asia Pacific region in stage and scenery equipment market covers countries such as Australia, China, India, and Japan among others. The region contributed a healthy market share in 2016 and is also estimated to surge over the period from 2017 to 2025 to generate a fair market share by 2025. The region is accountable for various development in theatres, clubs, ballrooms and stadiums. Availability of cheap labor and price sensitive market has hindered the growth of motorized rigging systems market in this region.

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In our study, we have segmented the stage and scenery equipment market by rigging systems type, hoist type and end user application. The rigging systems types includes dead hung, manually operated counterweight rigging, and motorized. On basis of hoist type, the market for stage and scenery equipment is bifurcated into fixed speed and variable speed. The end users of the stage and scenery equipment market includes theater, clubs, concerts, corporate shows, ball rooms, and others. Geographically, the market for stage and scenery equipment is categorized into five strategic regions namely; North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA) and South America (SAM).

About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.

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Email: sales@theinsightpartners.com

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