Recognizing stage lighting‘s commercial potential
The stage lighting industry is predicted to grow at a CAGR of 5% from 2022 to 2032, according to research. The market for stage lighting is predicted to expand in value from USD 1.75 billion in 2022 to USD 2.8 billion by 2032. The sustained demand for live entertainment around the world is the main factor behind this potential expansion. The demand for stage lighting fixtures is what is driving the market expansion since once the distancing measures were relaxed, entertainment firms started arranging music festivals and concerts once more.
What qualities should stage lighting have before buying it?
It’s crucial for you as a seller to pay attention to the kinds of stage lighting you choose to offer to customers. Knowing the primary types of stage lights, as well as their market share and market potential, helps in developing a lucrative company plan and ensuring increasing revenue streams.
Let’s examine some of the most popular varieties of stage lights and consider their salient characteristics, as well as their advantages and disadvantages.
Primary stage lighting types
The following are the main types of stage lights used today:
PAR lamps
Selling high-quality stage lights that are in high demand might be advantageous for your company. The essential purchasing information is necessary for this.
The entertainment industry hails PARs (Parabolic Aluminized Reflectors) as the most widely used lighting technology. They are not only economical but also useful in a variety of applications. They are frequently employed in movie productions, live performances, and theatrical. If a new beam angle is needed, it is simple to switch them out because they are lightweight. They brought in USD 440 billion in revenue in just the year 2019 alone. By 2028, the PAR market is anticipated to grow to a multi-million dollar scale.
LED stage lighting
LED stage lighting
Since they have a longer lifespan, require little to no maintenance, emit far less heat, and are very affordable, LED stage lights are a wise investment. The market for LED stage lighting is expanding exponentially. The Global LED Lighting Report and Forecast 2022–2027 states that in 2021, the market value of LED lights reached USD 54,382 million. Between 2022 and 2027, their market potential is anticipated to have a CAGR of 9.1%. They will increase their market share by USD 109,661 million as a result. Since LED stage lights have a longer lifespan than other varieties, it is significant to highlight that demand for them is anticipated to be higher. Additionally, because they are environmentally benign, the growing environmental concerns are a factor promoting their demand.
Lighting Strip Lighting
Since strip lights run on low voltage DC electricity, they allow people enjoy lighting at a lower energy cost. They have beautiful aesthetics and are quite reasonably priced. They primarily serve to blanket the stage in color. They may also be used to adorn structures or churches during festive occasions. They come in a variety of hues and let users change the brightness along a spectrum. Research indicates that in 2021, the worldwide strip light market will be worth USD 14.26 million. Additionally, it is projected to rise by 15.94% between 2021 and 2027.
Moveable headlights
Moveable headlights
Stage and theater working environments are specifically lit by moving-head lights. Moving-head lights now use LED technology to achieve higher and longer-lasting brightness levels. Beam, spot, wash, and hybrid are just a few of the several designs available for moving-head lighting fixtures. They are a crucial component of stage lighting because of their wide range of color capacity, varied movement, and gobo patterns. As a result, they are being used more and more in bars, DJ sets, TV theaters, TV studios, discos, ballrooms, etc.