Press release
Stage and Scenery Equipment Market to Grow at 2.5% CAGR to Hit USD 651.0 Million by 2025 - Impact of COVID-19 Pandemic and Global Analysis by The Insight Partners
According to the new research report published by The Insight Partners, titled “Stage and Scenery Equipment Market - Global Analysis and Forecast to 2025”, the global stage and scenery equipment market is expected to reach US$ 651.0 million in 2025, registering a CAGR of 2.5% during the forecast period 2017-2025.Theatrical performance in North America is one of the major modes of entertainment among the population. Additionally, the large numbers of ballrooms in hotels, colleges and stand-alone have further affected the growth of stage and scenery equipment market in the North American region.
Renovation of old theatre and ballroom with advanced technology and increased seating capacity has favored the growth of motorized rigging systems market in this region. However, a large number of music festivals and concerts have further pushed the market for stage and scenery equipment market. Schools, colleges and opera house with their presence in abundance have further leapfrogged the market for stage and scenery equipment market. Furthermore, the presence of a large number of the civic center and stadiums is forecasted to add towards the market growth of stage and scenery equipment.
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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. Hoists are used for the lifting of theatre batten, decorative piece, and light lifting. Motors and variable speed drives play an important role in the automation of the stage and scenery equipment market.
For many theatres rigging equipment plays an important role in moving the scenery and providing a dramatic effect. A properly designed rigging system provides, simple and easy scene changes possible. There are generally three major types of rigging; they are; dead hung rigging, manually operated counterweight rigging and motorized rigging. Hoists are also of two different types namely fixed speed and variable speed hoists.
Top Dominating Key Players:
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
Key Benefits:
To provide detailed information regarding the major factors (drivers, restraints, opportunities, challenges, and trends) influencing the growth of the global Stage and Scenery Equipment Market.
To forecast the size of the market segments with respect to four major regional segments, namely, North America, Europe, Asia Pacific, and the Rest of the World (Latin America and the Middle East & Africa).
The study conducts SWOT analysis to evaluate strengths and weaknesses of the key players in the Stage and Scenery Equipment Market. Further, the report conducts an intricate examination of drivers and restraints operating in the market. The report also evaluates the trends observed in the parent market, along with the macro-economic indicators, prevailing factors, and market appeal according to different segments. The report also predicts the influence of different industry aspects on the Stage and Scenery Equipment Market segments and regions.
Scope of the study:
The research on the Stage and Scenery Equipment Market focuses on mining out valuable data on investment pockets, growth opportunities, and major market vendors to help clients understand their competitor’s methodologies. The research also segments the Stage and Scenery Equipment Market on the basis of end user, product type, application, and demography for the forecast period 2020 - 2025. Comprehensive analysis of critical aspects such as impacting factors and competitive landscape are showcased with the help of vital resources, such as charts, tables, and infographics.
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
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Reasons to Buy the Report:
Learn about the driving factors, affecting the market growth.
Imbibe the advancements and progress in the market during the forecast period.
Understand where the market opportunities lies.
Compare and evaluate various options affecting the market.
Pick up on the leading market players within the market.
Envision the restrictions and restrains that are likely to hamper the market.
Contact Us:
The Insight partners,
Phone: +1-646-491-9876
Email: sales@theinsightpartners.com
Website: www.theinsightpartners.com
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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