Stage Lighting Market in Europe - Industry Outlook and Forecast 2020-2025

This research report on the Europe stage lighting market covers sizing and forecast, share, industry trends, growth drivers, and vendor analysis. The study includes insights by Product (fixtures and control), End-user (touring rental and fixed installation), Fixture (fixture movement and lighting source), Application (concerts/touring, corporate events, wedding, houses of worship, DJ retail/rec DJ, fitness sports, theatres, architectural and commercial installs, broadcast/TV/film, hospitality, and night clubs/bars), and Geography (UK, Germany, France, Italy, Spain, and Nordic Region)

Market Dynamics

The Europe stage lighting market grew at a significant rate during the period 2016−2018. With the increase in consumer spending, the prospects of stage lightings in several European countries have improved. Europe is witnessing an increase in the per capita disposable income of end-consumers, driving the consumer market in the region. An improving economy in several European countries has increased disposable income in Europe. This has driven consumers’ discretionary spending on leisure activities.

The popularity of music groups, festivals, and concerts in Europe is increasing the growth of the stage lighting market in Europe. An average individual in Europe consumes the maximum volume of music compared with others in other parts of the world. Stage lighting systems, along with associated sound systems, are the heart and soul of the live music industry globally. Recently, the world has been witnessing a spurt in the growth of live music concerts and events. The primary reason behind this growth is the revenue generation for artists that see live music concerts as a primary source of their income. An increasing corporate sponsorship for music tours, venues, and events are also contributing to the market growth.

Snippets

• The PAR segment is expected to grow at a CAGR of over 4%. PARs are the most cost-efficient fixtures in the market. They are used widely in the entertainment industry and are a prominent choice for color wash and backlighting for entertainment productions.
• Automated/Intelligent fixtures are likely to grow at a CAGR of over 8% as their usage adds adaptability in shows. These fixtures are increasingly replacing conventional illumination solutions.
• The touring rental segment is projected to capture a market share of over 66% by 2025. The rise in concerts is expanding the global concert markets, which, in turn, is expected to increase the revenue of European concert organizers.

The Europe stage lighting market is expected to grow at a CAGR of over 4% during the period 2019–2025.

 Europe Stage Lighting Market: Segmentation

This research report includes detailed segmentation by products, end-user, fixture, application, and country.

Insights by Product

The lighting fixture segment is expected to grow at the highest CAGR during the forecast period. The application of these fixtures, especially parabolic aluminized reflectors (PAR), is growing due to the growth in concert lightings and theatrical performances in Europe. Similarly, striplights are finding their usage in worship places, museums and art exhibitions, and bands. With the increase in the number of roadshow performances and exhibitions, a high focus on backstage visualization has contributed to the growth of the strip/border/Cyc segment across the globe.

The controllers segment dominated the market in 2019. However, the increasing proliferation of 3D visualizers will help visualizers to gain market share during the forecast period.  The controllers have come of age. Advances in technology, with the entire lighting system, including ancillary functions, can be controlled via computers or laptops, thereby increasing application. With the advent of digital control systems and intelligent and smart systems, it has become possible to manage these controllers wirelessly via Bluetooth or Wi-Fi connectivity. Hence, technological advancements have given impetus to the growth of control solutions. 

Insights by End-users

Musicians, artists, and rappers are traveling across the world to promote their albums and connect to their fans regularly. Hence, the increasing number of live performances, the growing number of music concerts and festivals, and the growth in music tour shows by celebrities are likely to contribute to the growth of the segment during the forecast period. The fixed installation segment will grow owing to the growth of the architainment industry during the forecast period. Conventional lighting fixtures are the major end-users of fixed stage installation. However, the increased proliferation of LED lighting has created a new pool of opportunities for LED module manufacturers. Moreover, the use of fixtures for facades helps in creating attention, facilitating orientation, conveying messages, and communicating emotions.

Insights by Fixture   

The static fixture segment dominated the market share in 2019. However, the increasing demand for automated and intelligent fixtures owing to their flexibility and adjustment during the forecast period. The demand for static fixtures is expected to be replaced by automated fixtures. As automated fixtures offer flexibility for designers in terms of adjustments and alterations, static fixtures are expected to witness the loss of their market share during the forecast period. The demand for static fixtures will remain high in developing countries where LED usage is not proliferated, and end-user industries remain dependent on static sources for stage illumination.

The increasing demand for LED modules and retrofits is increasing the application of LEDs during the forecast period. The increased market proliferation of LED devices has fueled the market share growth of the LED stage lighting market worldwide. With advances in LED technology, the demand is expected to increase during the forecast period. The demand for conventional light sources is growing in developing countries such as China, Brazil, and India. With end-users shifting toward energy-efficient devices and environment-friendly light sources, the prospect of conventional stage lightings is not promising.

Insights by Application

Concerts constituted the largest application segment in 2019, and the segment is likely to retain its position during the forecast period. The concert industry has been witnessing success with a rapid and continuous increase in demand for live entertainment across Europe. The introduction of Virtual and Augmented reality has highly influenced live music performances, and the stage lighting highly supports this technology. The concert market is expected to increase due to the growth in urban population, development of global infrastructure, increase in global GDP, and GDP per capita, the high penetration of smartphones. Europe is experiencing a constant increase in live music venues. In 2018, the UK registered an increase of 12%, followed by Germany. People in France, Germany, and the UK are attending more music concerts than visiting pubs, clubs. Europe and North America are highly mature markets as they hold nearly three-fourths of corporate events revenue. The industry is continuing to evolve as planners find new ways to optimize design and execution. Planners focus on driving factors such as convenience, safety, locations, and cost. Countries in Europe and North America prioritize property type and airlift & access.

Insights by Geography

The UK is a leading destination for music festivals. In recent years, small or large music concerts and festivals have attracted a lot of music tourists in the country. These festivals and concerts create the demand for stage lighting systems. In Germany, the market is reaching its maturity with new sales requiring to be driven by introducing innovative products in the market as well as replacement and upgrades. France remains a destination for exhibitions in the fields of food processing, health, transport, energy, and technologies. Medium-sized venues are particularly popular in the country due to their capacity for innovation.

A positive outlook on macroeconomic conditions in Italy is expected to stabilize the exhibition market in Europe. While Milan is counted among the fashion capitals of the world, Italy is home to some of the largest fashion exhibitions in the world. Further, real estate prices are picking up, which is expected to boost exhibitions in the construction and infrastructure domain in the future. All the factors are expected to boost the growth rate during the forecast period.

LED-based fixtures have made an impact over the Nordic stage light market as the region drives for energy-efficient light sources. Countries such as Sweden, Norway, and Finland are witnessing increased music record sales figures, which have made concerts and live performances a booming market in the region. Oslo and Stockholm are key destinations for music celebrities and have become a hotspot in the live performance industry in the region.

Key Profiled Countries

• UK
• France
• Spain
• Italy
• Germany
• Nordic region

Insights by Vendors

The stage lighting market is fragmented in nature due to the presence of local as well as international players. The leading vendors are Philips, Osram, and HARMAN International (Samsung). The competition among these key players is intense. The market concentration in Western European countries is high. The competition between vendors exists based on offerings and pricing. Vendors are using new business models and focusing on developing the portfolio of their establishments to drive growth. The focus is heavily shifting toward the LED fixtures.

The adoption rate of stage lighting systems among end-users worldwide has been impressive. Due to increased demand, the market has witnessed the entry of several new vendors. The competition among these companies has intensified, leading to the introduction of many innovative and advanced solutions. The price is set to become a major base for competition among players to gain an edge over other vendors in the market. Further, the growth of vendors depends on its condition, GDP growth, and industry development. High capital requirements and rapid advances in technology are major entry barriers for new players. Therefore, to attain sustainability, expand into other geographies, and revive domestic demand are essential factors for the vendors. Vendors can boost profitability by practicing efficient production techniques that minimize product costs and mitigate associated risks.

Key Vendors

• HARMAN International (Samsung)
• Osram
• Philips

 Other Prominent Vendors – Absen America, Altman, Antari, Apollo Design Technology, Ayrton, Blizzard Lighting, Chauvet Professional, Chroma-Q, City Theatrical, Core Lighting, Dexel, Eaton Electrical systems, Elektralite, Elation Professional, ENTTEC, Epsilon Pro Lighting, Electronic Theatre Controls, German Light Products, Golden Sea, Kumho Electric, Leprecon, Litetronics International, Lycian Stage Lighting, MA Lighting, Mighty Bright, MLS, Nicolaudie, 0energyLighting, Pathway Connectivity, PROEL, Red Lighting, Rosco, SGM, Studio Due, Techni-lux, Teclumen, Ultra-Tech Lighting, Ushio Lighting, Zumtobel Group

 Key Market Insights

The analysis of the Europe stage lighting market provides sizing and growth opportunities for the forecast period 2020–2025.

• Offers sizing and growth prospects of the Europe stage lighting market for the forecast period 2020–2025.
• Provides comprehensive insights on the latest industry trends, forecast, and growth drivers in the market.
• Includes a detailed analysis of growth drivers, challenges, and investment opportunities.
• Delivers a complete overview of segments and the regional outlook of the Europe stage lighting market.
• Offers an exhaustive summary of the vendor landscape, competitive analysis, and key strategies to gain competitive advantage.