According to a new market report by Lucintel, the future of the programmable stage lighting market looks promising with opportunities in the entertainment place and theatres. The global programmable stage lighting market is expected to grow with a CAGR of 5% from 2020 to 2025. The major growth drivers for this market are the need for programmable stage lighting for decoration of parks, clubs, music shows, buildings, bars, and stage shows.
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In this market, LED, halogen, and laser are the major light types used. Lucintel forecasts that LED will remain the largest segment over the forecast period due to an increasing demand for energy-efficient lighting system.
Within this market, the entertainment place and theatres are the major applications.
North America is expected to remain the largest market during the forecast period due to the presence of reputed players along with already available robust infrastructure facility in the U.S.
Cree Lighting, ACME, USHIO LIGHTING, Inc., Clay Paky S.p.A., General Electric Co., Robert Juliat, ADJ Products LLC, Guangzhou Yajiang Photoelectric Equipment Company Limited, Visage, Guangzhou GTD Lighting Technology Co. Ltd., and Brand Lighting are among the major manufacturers of the programmable stage lighting market.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the programmable stage lighting market by light type, product type, application, and region. Lucintel has prepared a comprehensive research report titled “Growth Opportunities in the Global Programmable Stage Lighting Market 2020-2025: Trends, Forecast, and Opportunity Analysis.” This Lucintel report serves as a catalyst for growth strategy as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global programmable stage lighting market by light type, product type, application, and region as follows:
By Light Type [$M shipment analysis for 2014 – 2025]:
By Product Type [$M shipment analysis for 2014 – 2025]:
Moving Head Lights
Strip Lights
Others
By Application [$M shipment analysis for 2014 – 2025]:
Entertainment Places
Theatres
Others
By Region [$M shipment analysis for 2014 – 2025]:
North America
United States
Canada
Mexico
Europe
Asia Pacific
China
Japan
India
South Korea
Rest of the World
This 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or visit us at helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.