Discharge Stage Lighting Market Size, Share, Growth, And Industry Analysis, By Type (Thermal Radiation Source, Discharge Light Source, and Electroluminescent Light), By Application (Indoor and Outdoor), Regional Forecast To 2031

Updated On: 22 April 2024

DISCHARGE STAGE LIGHTING MARKET REPORT OVERVIEW 

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The global discharge stage lighting market size was USD 1738.83 million in 2021 and will reach USD 2576.7 million by 2031, exhibiting a CAGR of 4.01% during the forecast period.

The global COVID-19 pandemic has been unprecedented and staggering, with the discharge stage lighting market experiencing higher-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden rise in CAGR is attributable to the market's growth and demand returning to pre-pandemic levels once the pandemic is over.

The discharge stage lighting uses a discharge lamp which is an artificial source of light. That generates light when there is an ionized gas inside the chamber of the discharge lamp and an electric discharge causing plasma to be sent to it. As a result, when plasma inside the lamp heats up, it illuminates and radiates light which, by using filters, is dispersed outside the lamp as captivating colors of light. The discharge stage lighting illuminates perfect lighting for the events, and it comes with the additional advantage of no shadow formation and less heat consumption.

The need for discharge stage lighting instruments is growing with the increase in the number of entertainment events. The discharge stage lighting market is propelling because it provides several benefits inclusive of effective long life and economical operating cost. The discharge stage lighting can be used for various purposes, it can be designed for various colors and can be used for long hours as well. The purpose of setting the right mood and vibe for the event is done effectively by the discharge stage lighting and which consumes less electricity and has low heat output as well.  

COVID-19 Impact: Downward Fall In The Market Due To Online Events 

The world was at a halt during the pandemic, and all industries and markets were affected by it. The discharge stage lighting market also faced a negative trend during the pandemic. The prime reason for the negative sloping market was that government regulations were made, and a strict eye was kept on the events. The government asked the people to stay in their homes; hence, no big events were organized where discharge stage lighting could be utilized. Even when the situation was coming back to normal, people avoided big events, and there was a switch to online events as well. This caused an economic slowdown in the overall industry.

Latest Trends

"Better lighting in small rooms leads to the introduction of new types of Discharge Stage Lighting devices "

Recently, youtube has become a great source of entertainment, and there has been a substantial increase in the number of YouTubers. YouTubers need a perfect environment in which they can shoot their videos. The perfect environment needs a room with perfect lighting, and home discharge lights fulfill this lighting need.  Instead of booking big halls for events, people have now started using the discharge stage lighting in their homes to give a great effect in an economical way. 

DISCHARGE STAGE LIGHTING MARKET SEGMENTATION 

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• By Type Analysis

According to type, the market can be segmented into Thermal Radiation Source, Discharge Light Source, and Electroluminescent Light.

• By Application Analysis

Based on application, the market can be divided into Indoor and Outdoor.

Driving Factors

"Crave for theatres increase the sale of discharge stage lighting Robust theatrical lighting"

After facing the pandemic and staying for long in our homes, everyone is now craving to attend big events. The artists have badly missed the theatres because it is where their souls lie. People today want to attend events to entertain themselves and to find an escape for some time from their regular lives. Humans are a social animal, and they crave cultural phenomenon that looks for theatres. This craving of the people has positively influenced the discharge stage lighting market. This is how the need for theatres and the demand for discharge stage lighting go hand in hand. 

"Indoor events looked for a new source of light  "

COVID-19 has affected the lives of everyone. Indoor theatres are the new normal in the global cultural environment. Not only covid but various other factors like the commercialization of the theatres and other events improved the economic scope of the business. There is an increase in the number of events happening indoors, which calls for discharge stage lighting. Discharge stage lighting sets the mood and vibe for the event. The shift to indoor events has a positive effect on discharge stage lighting market growth.

Restraining Factors

"Better alternatives lead to a negative trend in the market"

As soon as there is an availability of a better alternative, there is a switch in the preference of the market's customers. The same goes for the discharge stage lighting market. There are various new stage lights available in the market which are cheaper, has longer lives, and give effective lighting to the events that replace the discharge stage lighting and hence cause a negative trend for the discharge stage lighting market. 

DISCHARGE STAGE LIGHTING MARKET REGIONAL INSIGHTS 

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"Asia- Pacific dominates the Market Due to encouraging art culture and more events"

Countries in Asia- pacific region are the ones who have recently paid more heed and understood the significance of art and culture. The countries in this region not only have heritage culture but in these countries, there are several occasions to celebrate.  The better art culture and a large number of events on different occasions call for better lighting to set the mood and leave an impact on the audience. The purpose is fulfilled by using the discharge stage lighting, and this boosts the discharge stage lighting market as well. 

Key Industry Players

The key players in the market can get maximum Discharge Stage Lighting market share because they have analyzed the increasing expenditure by consumers on lavish and big events. They have also used technology in their favor to survive in changing market scenarios. The key players have regularly worked on better placement and color of the discharge stage lighting analysis, which helps them gain the satisfaction of the customers. 

List of Market Players Profiled

• NightSun
• Hi-Ltte
• Fineart
• JB
• GoldenSea
• ADJ
• Deliya
• Laiming
• Proel S.p.A.
• ACME
• PR Lighting
• Jinnaite
• GTD
• LYCIAN
• Light Sky
• TOPLED
• Grandplan
• ROBE

Report Coverage

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Furthermore, the post-COVID-19 pandemic’s effect on international market restrictions and a deep understanding of how the industry will recover and strategies are also stated in the report. Finally, the competitive landscape has also been examined in detail to provide clarification of the competitive landscape.