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Stage and Scenery Equipment Market is estimated to reach US$ 651.0 Mn by 2025

 



(EstateNewsWire.com, December 12, 2018 ) 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.

In the recent years, the global rigging systems in theatres is witnessing a significant drift towards automated or motorized rigging over manual rigging. Motorized rigging enhances the impact of productions. 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.

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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 operator must have proficiency in operating computers to use motorized rigging systems

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.

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 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.

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The Insight Partners

Sameer Joshi

+1-646-491-9876

sam@theinsightpartners.com

Source: EmailWire.Com


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