Stage and Scenery Equipment Market – Industry Analysis and Forecast (2022-2027) by Product, Application, and Region

The Stage and Scenery Equipment Market was valued at USD 596.37 Million in 2021 and is predicted to grow at a CAGR of 2.5 % to USD 691.61 Million by 2027.
Stage and Scenery Equipment Market Overview:
The Stage & Scenery Equipment Market is studied by segments like Product (Fixed Speed, Variable Speed), Application (Theatre, Clubs, Concerts, Corporate Shows, and Ball Rooms), and Region (North America, Europe, Asia-Pacific, South America, Middle East & Africa).

The report consists of the Trend, forecasts, Competitive Analysis, and Growth Opportunities of the market.

The stage and scenery equipment enables easy movement of back-ground graphics, overhead images, and lighting units. Theatre owners, ballroom owners, and clubhouse corporate showhouses are all significant users of innovative motorized stage and scenery technology. The stage and scenery equipment markets’ products are essential for beautifying and increasing the stage's appearance, as well as the overhead scenery and performance.



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2021 is considered as a base year to forecast the market from 2022 to 2027. 2021's market size is estimated on real numbers and outputs of the key players and major players across the globe. The past five years' trends are considered while forecasting the market through 2027. 2020 is a year of exception and analysis, especially with the impact of lockdown by region.
Stage and Scenery Equipment Market Dynamics:
The global Stage and Scenery Equipment market demand is rising across various industries.

The rise in demand for the automated rigging systems has fueled growth of the market in the last five years. The stage and scenery make overhead sceneries, backdrops, audio, and lighting units easy to move around. These automated stage and scenery equipment are popular among theatres, concerts and clubs in nations where there is a labor shortage, which has fueled market growth over the past few years.

Various factors such as increased development or up-gradation of ancient theatres, clubs, & ballrooms are expected to lead to growth of the stage and scenery equipment market during the forecast period of 2022-2027. Furthermore, the development of strategic agreements and mergers among industry participants is expected to drive the stage and scenery equipment market during the forecast period.

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

Lately, the worldwide rigging structures in theatres are witnessing a big go with the flow toward automatic or motorized rigging over guide rigging. Dramatic surroundings movements may be programmed efficiently with the use of simple, instinctive controls. Automated rigging gives the warranty of predictable, steady surroundings actions at each performance. The motion to motorized rigging has affected theatres in any respect levels – from center colleges to opera houses. Safety and performance are critical elements of this change. Whereas the operator has to have skill of running computer systems in order to apply motorized rigging structures. Thus, the above-cited motives are predicted to lead to the growth of the stage and scenery equipment market for level and surroundings system over the forecast period.

Increasing Demand for Safety and Space Concerns:

Manually controlled rigging systems are the two types of rigging systems that pose safety problems in terms of maintenance and cleaning. Motorized rigging systems, on the other hand, include winches with single or twin brakes for additional safety for performers. As a result, the demand for automated or motorized rigging systems is expected to rise over the forecast period, thereby leading to the growth of the stage and scenery equipment market.
Stage and Scenery Equipment Market: Effect of COVID-19
The COVID-19 pandemic has ceased production of various products in the stage and scenery equipment market, primarily due to an ongoing blockade in major countries around the world. The demand for Stage and Scenery Equipment was severely affected by coronavirus pandemic.

Equipment and machinery companies can afford a complete blockade for only a few months, after which players will need to change their investment plans. As stage and landscape equipment manufacturers respond to an urgent crisis and COVID-19 cases are beginning to decline, they need to focus on protecting the workforce, operations, and supply chains to find new ways to work. With COVID-19 cases declining, the stage and scenery equipment market is expected to grow in the forecast period.
Stage and Scenery Equipment Market Segment Analysis:
On the basis of Product, the Stage and Scenery Equipment market is segmented into Fixed Speed and Variable Speed. Variable speed hoists are expected to witness the most significant growth in the Stage and Scenery Equipment market during the forecast period 2022-2027. They are utilised to vary the speed of the motors, which increases the setup cost significantly above fixed speed hoists.

On the basis of Application, the Stage and Scenery Equipment Market is segmented into Theatre, Clubs, Concerts, Corporate Shows, and Ball Rooms. The theatre segment is expected to dominate the global Stage and Scenery Equipment market, owing to the importance and need for automated rigging systems in theatres, operas, and for shows. The presence of clubs and concerts across the world has risen, and hence this segment is expected to witness growth in the forecast period.

On the basis of region, the Stage and Scenery Equipment market is segmented into North America, South America, Asia-Pacific, Middle East & Africa, and Europe. The North American region's abundance of theatres, ballrooms, & clubs is a significant factor fueling the demand for stage and scenic equipment markets products. North America has dominated the Stage and Scenery Equipment market. The modernization or upgrading of automated stage equipment technology in Europe has enabled the market for stage and scenery equipment to grow over time.

The APAC region is expected to witness the highest growth in the forecast period 2022-2027, owing to an increase in clubs, corporate events, and concerts in developing countries like China, India, and Australia, where consumers are now having an increase in purchasing power.



The objective of the report is to present a comprehensive analysis of the Stage and Scenery Equipment market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complex data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.

PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which is anticipated to give a clear, futuristic view of the industry to the decision-makers.

The report also helps understand the Stage and Scenery Equipment market dynamics and structure by analyzing the market segments and projecting the Stage and Scenery Equipment market size. Explicit representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Stage and Scenery Equipment market make the report investor’s guide.
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Global Stage and Scenery Equipment Market


Report Coverage
Details


Base Year:
2021
Forecast Period:
2022-2027


Historical Data:
2017 to 2021
Market Size in 2021:
US $ 596.37 Mn.


Forecast Period 2022 to 2027 CAGR:
2.5%
Market Size in 2027:
US $ 691.61 Mn.


 Segments Covered:
by Product
• Fixed Speed
• Variable Speed


by Application
• Theatre
• Clubs
• Concerts
• Corporate Shows
• Ball Rooms



Stage and Scenery Equipment Market, by region
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
Stage and Scenery Equipment Market Key Players
The Stage and Scenery Equipment Market has become competitive. Various players in the industry have adopted product launches and business growth as their developmental strategies to their market share, increase profitability and remain stable in the market.
To grow their product range and acquire a competitive edge in the industry, Stage and Scenery Equipment market players employ various business tactics such as business growth and product innovation. Significant organizations pursue multiple business strategies such as mergers and acquisitions to strengthen their market position.

• Protech (India)
• Trekwerk (Netherlands)
• Electronic Theatre Controls (ETC) Connects (United States)
• eZ-Hoist (Louisville, KY.)
• J. R. Clancy, Inc (United States)
• Mountain Productions Inc (United States)
• TAIT Towers (Lititz, PA)
• Texas Scenic Company (TSC) Inc. (United States)
• Theatre Rigging Specialists, LLC (United States)
• Thern Stage Equipment (United States)
• Wenger Corporation (United States)

Frequently Asked Questions:

1. What forecast period is considered for the Stage and Scenery Equipment market report?
Ans. The forecast period for the Stage and Scenery Equipment market is 2022-2027.

2. What are the market opportunities for the Stage and Scenery Equipment market?
Ans. Many theatres are adopting hybrid rigging systems, which consist of partial manually and motorized rigging systems, which helps in keeping the initial setup cost in the budget of the customers. Thus, hybrid implementation of rigging systems can prove to be an opportunity that would drive the stage and scenery equipment market in the forecast period.

3. What is the Stage and Scenery Equipment market's compound annual growth rate (CAGR) for the forecast period?
Ans. The CAGR of the Stage and Scenery Equipment market for the forecast period 2022-2027 is 2.5 %.

4. What are the key factors driving the growth of the Stage and Scenery Equipment market?
Ans. Easy movement of props and the development of strategic agreements and mergers among various industries are expected to drive the growth of the Stage and Scenery Equipment market.

5. What major key players are covered in the Stage and Scenery Equipment market report?
Ans. The major worldwide critical players in the Stage and Scenery Equipment market are TAIT Tower, and Wenger Corporation.