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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)
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.
The “Global Stage and Scenery Equipment Market Analysis To 2025” is a specialized and in-depth study of the Stage and Scenery Equipment industry with a special focus on the global market trend analysis. The report aims to provide an overview Stage and Scenery Equipment market with detailed market segmentation by material type, end-user, and geography. The global Stage and Scenery Equipment market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Stage and Scenery Equipment market players and offers key trends and opportunities in the Stage and Scenery Equipment market.
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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.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global Stage and Scenery Equipment market based on various segments. It also provides market size and forecast estimates from years 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The Stage and Scenery Equipment market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trends and opportunities prevailing in the region.
The report analyzes factors affecting the Stage and Scenery Equipment market from both the demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trends. The report also provides an exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors affecting the Stage and Scenery Equipment market in these regions.
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, and Thern Stage Equipment
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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.
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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 specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Devices, Technology, Media and Telecommunications, Chemicals and Materials.
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