2022 China Stage Lighting Equipment Market Report

Stage lighting equipment is used for stage illumination. Its main function is to create the environment, set the mood, highlight central characters, and create a sense of stage space and time, shaping the external image of the stage performance, by using light color and its variations in accordance with the development of the plot.

Depending on the purpose and usage type, stage lighting equipment can be classified into spotlights, flood lamps, effect luminaires, computer-controlled luminaires, and LED luminaires. Among them, spotlights are further divided into threaded lens spotlights, plano-convex spotlights, Fresnel reflector spotlights, downlights, and profile spotlights; flood lamps are categorized into overhead/underground row lights and three-color cold-light sources; effect luminaires mainly include image projection lamps; computer-controlled luminaires are divided into pattern computer lights and wash computer lights; LED luminaires are divided into LED wash lights and LED panel lights.

Source: Guan Yan Report Network "Research and Future Investment Analysis Report on the Development Trends of China's Stage Lighting Equipment Market (2022-2029)"

I. Analysis of the Current Status of Stage Lighting Equipment Industry

1. Demand Side

▶Domestic market demand is relatively concentrated at the lower-end segment

Stage lighting equipment is divided into high-end, mid-to-high-end, and mid-to-low-end products. High-end products are mainly used in high-grade theaters, world-class performances, etc. Mid-to-high-end products are mainly used in TV stations, local performances, etc. Mid-to-low-end products are mainly used in hotels, bars, and other venues. From a regional distribution perspective, overseas market demand is clearly stratified, with high-end demand also mainly distributed in developed country markets. Domestic market demand stratification is not obvious, relatively leaning towards the lower end.

▶Under the support of new and updated requirements, the market size of stage lighting equipment continues to grow

According to the report 'Research on Development Trends and Future Investment Analysis of China's Stage Lighting Equipment Market (2022-2029)' released by Guan Yan Bao Gao Wang, stage lighting equipment is one of the sub-categories of performance equipment, mainly applied in cultural venues, theaters, tourist attractions, concert halls, and other cultural entertainment places. With the development of the national economy and the improvement of people's spiritual consumption demands, the performance market has expanded accordingly, leading to a rapid growth in demand for stage lighting equipment. Currently, the market demand for stage lighting equipment mainly includes stable renewal needs driven by the renovation of performance projects and theaters, the hosting of large-scale events, as well as new demand generated by the construction of performance venues.

Source: GuanYan Report Network "Research and Future Investment Analysis Report on the Development Trends of China's Stage Lighting Equipment Market (2022-2029)"

Source: Guan Yan Report Network "Research and Future Investment Analysis Report on the Development Trends of China's Stage Lighting Equipment Market (2022-2029)"

Under the support of new and updated requirements, the market size of China's stage lighting equipment industry continues to grow. Data shows that the market size of stage lighting equipment grew from 3.115 billion yuan (6% share) in 2004 to 7.085 billion yuan (9% share) in 2008, with a compound annual growth rate of 22.81%, far higher than the 10.97% growth rate of the performance equipment market. In 2019, China's performance equipment market size was nearly 200 billion yuan, estimated at over 40 billion yuan for stage lighting equipment, accounting for 22.02%. It is expected that by 2024, China's performance equipment market size will exceed 250 billion yuan, with stage lighting equipment reaching 72.889 billion yuan, accounting for 27.58%.

Source: Guan Yan Report Network "Research and Future Investment Analysis Report on the Development Trends of China's Stage Lighting Equipment Market (2022-2029)"

▶Architectural lighting equipment demand will expand the stage lighting equipment market capacity

在我国城镇化推进的过程中城市建成区面积不断扩大，2020年达到60721平方公里。而建筑景观为了实现美轮美奂的夜间效果，需要建筑照明设备的配合。未来建筑照明设备需求的增加将进一步扩大舞台灯光设备市场容量。

Source: Guan Yan Report Network "Research and Future Investment Analysis Report on the Development Trends of China's Stage Lighting Equipment Market (2022-2029)"

2. Supply Side

▶ The number of domestic stage lighting enterprises is increasing rapidly, with Beijing, Guangdong, and Shanghai ranking in the top three

As of the end of 2021, the number of registered stage lighting enterprises nationwide reached 173,900. By province of registration, as of February 21, 2022, the top five regions in terms of the number of registered stage lighting enterprises were Beijing, Guangdong, Shanghai, Hunan, and Jiangsu.

Source: Guan Yan Report Network "Research and Future Investment Analysis Report on the Development Trends of China's Stage Lighting Equipment Market (2022-2029)"

Source: GuanYan Report Network "Research and Future Investment Analysis Report on China's Stage Lighting Equipment Market Development Trends (2022-2029)"

Note: Only count enterprises with the keyword 'stage lighting' that are in operation or continuing.

▶ Domestic stage lighting equipment competitiveness is gradually improving

As market demands increase and evolve, domestic stage lighting equipment manufacturers have begun to prioritize technological innovation. The stage lighting equipment they produce features high technical content and rich functionality, enhancing product competitiveness. Some products are even entering competition in the international high-end market. For instance, HaoYang Shares is a rare domestic brand focused on the high-end market; since its inception, it has consistently emphasized R&D and innovation. Compared with overseas brands such as ROBE, ClayPaky, Martin, and HighEndSystems, HaoYang Shares started later but has now grown to rank among the top three in scale. Overall, while overseas brands enjoy certain first-mover advantages, no single dominant player has emerged yet. Against the backdrop of recurring global pandemics and slow recovery of overseas supply chains, the industry landscape is poised for restructuring.

Source: Guan Yan Report Network "Research and Future Investment Analysis Report on the Development Trends of China's Stage Lighting Equipment Market (2022-2029)"

II. Analysis of Development Trends in Stage Lighting Equipment Industry

1. The competitiveness of high-end enterprises with technical advantages will continue to improve

在国家大力倡导节能环保的背景下，以LED为代表的光源凭借节能环保、寿命长等优点被逐步应用于舞台。但LED等新光源设备的研发和生产需要企业具备一定的技术实力和行业经验，因此，未来具有技术优势的高端企业在舞台灯光设备市场的竞争力将不断提高。

2. Increasing demand for market customization

At the current stage, stage lighting equipment is mainly used for cultural and entertainment projects. As these projects become increasingly diversified, the demand for customized stage lighting equipment rises accordingly. For instance, with consumers' deepening appreciation of pop music culture and improved musical discernment, the number of large-scale concerts and music performances will continue to increase. Concerts and music events require customized stage entertainment lighting equipment capable of delivering rich and spectacular lighting effects, creating strong demand for newly launched, high-performance stage entertainment lighting. Consequently, the replacement cycle for lighting equipment remains high.

3. Products are moving towards digitalization and intelligence

Currently, the vast majority of large-scale outdoor performance events in China have adopted digital control for stage lighting. The intelligent control of stage lighting systems is already emerging. With the rapid development of digital technology across various industries, the field of stage lighting equipment will gradually enter a fully digital and intelligent era, with continuous improvements in safety, stability, scalability, and ease of use.

Source: Guan Yan Report Network "Research and Future Investment Analysis Report on the Development Trends of China's Stage Lighting Equipment Market (2022-2029)" (zlj)

III. Summary

Under the continuous expansion of demand market capacity and technological progress by enterprises, China's stage lighting equipment industry has thrived. However, with the increasing number of enterprises, industry competition has intensified. In the future, under the three major trends of environmental protection and energy saving, diversified demands, and digitalization, high-end enterprises that can keenly grasp market needs and possess technical advantages may stand out in fierce competition and achieve substantial development.