Market Overview:
The global follow lights market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for LED follow lights and rising number of stage shows and entertainment places. In terms of type, the halogen follow light segment is expected to dominate the global follow lights market during the forecast period, followed by LED follow light segment. In terms of application, stage & show segment is expected to hold a major share in global Follow Lights Market during 2018-2030 owing to increase in demand for live performances and events across different regions.
Product Definition:
Halogen Follow Light:
Halogen follow light is a type of lighting system that consists of two halogens, one follows the other in an alternating fashion. The first halogen produces light and the second mirror reflects it back to illuminate the road ahead. It's used for applications such as construction work, mining, forestry and woodwork among others.
The global halogen follow light market size was valued at USD 1.6 billion in 2016.
LED Follow Light:
LED follow light is a series of lights designed to be mounted on the rear or front of vehicles. The light pattern projected by these products is used to supplement the main headlight in order to provide an enhanced vision field, especially when driving at night. These are particularly useful for ensuring that other road users can see where they are going in low-light conditions or if the vehicle has stopped and is stationary.
Application Insights:
The stage and show application segment led the global follow lights market in 2017. This is attributed to growing demand for various lighting effects, such as moving light, stationary light, laser lights onstage, and others. Furthermore, increasing number of live performances across the globe has also boosted industry growth over the past few years.
Entertainment places are expected to be the fastest-growing application segment from 2018 to 2030 due to rising demand for entertainment complexes that offer a variety of facilities including shopping malls and theaters. Growing urbanization has resulted in an increase in spending on recreational activities like watching movies or going to plays which have fueled demand for LED Follow Lights (and other related products). Moreover, technological advancements have made it easier than ever before for consumers around the world to access content through various electronic devices which has driven industry growth further over recent years.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of a large number of theatres, sports and concert venues. The region is expected to witness substantial growth over the forecast period due to increasing government funding for infrastructure development. For instance, according to a white paper on public finance by Federal Reserve Bank of St. Louis, between 2009 and 2014, general fund spending increased by nearly 40% in Mississippi while it remained constant in California at 12%. This factor is anticipated to boost regional growth over the forecast period.
Asia Pacific followed North America and accounted for more than 20% share of global revenue in 2017 owing with growing urbanization across countries such as China and India that has led into an increase in entertainment places including restaurants & bars as well as theatres & shows which subsequently drives demand for follow lights used during stage shows or performances at these locations.
Growth Factors:
- Increasing demand for energy-efficient lighting solutions
- Rising awareness about the benefits of LED lighting
- Proliferation of internet of things (IoT) and smart city initiatives
- Growing demand for customized lighting solutions
- Emergence of new applications for LED lights
Scope Of The Report
Report Attributes
Report Details
Report Title
Follow Lights Market Research Report
By Type
Halogen Follow Light, LED Follow Light
By Application
Stage & Show, Entertainment Places, Others
By Companies
Philips, Panasonic, GE Lighting, ROBE, Electronic Theatre Controls, Clay Paky, Altman Lighting, ADJ, Robert Juliat, JB-Lighting, GOLDENSEA, PR Lighting, Nightsun Enterprise, Colorful Light, Fineart, ROY Stage Light, HF (SWY) Stage Lighting
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
234
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Follow Lights Market Report Segments:
The global Follow Lights market is segmented on the basis of:
Types
Halogen Follow Light, LED Follow Light
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Stage & Show, Entertainment Places, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Philips
- Panasonic
- GE Lighting
- ROBE
- Electronic Theatre Controls
- Clay Paky
- Altman Lighting
- ADJ
- Robert Juliat
- JB-Lighting
- GOLDENSEA
- PR Lighting
- Nightsun Enterprise
- Colorful Light
- Fineart
- ROY Stage Light
- HF (SWY) Stage Lighting
Highlights of The Follow Lights Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Halogen Follow Light
- LED Follow Light
- By Application:
- Stage & Show
- Entertainment Places
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Follow Lights Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Follow Lights is a free app that helps drivers follow other vehicles on the road. The app uses your phone's location and camera to track the cars in front of you, and then provides real-time updates about their speed, direction, and distance from you.
Some of the major players in the follow lights market are Philips, Panasonic, GE Lighting, ROBE, Electronic Theatre Controls, Clay Paky, Altman Lighting, ADJ, Robert Juliat, JB-Lighting, GOLDENSEA, PR Lighting, Nightsun Enterprise, Colorful Light, Fineart, ROY Stage Light, HF (SWY) Stage Lighting.
The follow lights market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Follow Lights Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Follow Lights Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Follow Lights Market - Supply Chain
4.5. Global Follow Lights Market Forecast
4.5.1. Follow Lights Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Follow Lights Market Size (000 Units) and Y-o-Y Growth
4.5.3. Follow Lights Market Absolute $ Opportunity
5. Global Follow Lights Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Follow Lights Market Size and Volume Forecast by Type
5.3.1. Halogen Follow Light
5.3.2. LED Follow Light
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Follow Lights Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Follow Lights Market Size and Volume Forecast by Application
6.3.1. Stage & Show
6.3.2. Entertainment Places
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Follow Lights Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Follow Lights Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Follow Lights Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Follow Lights Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Follow Lights Demand Share Forecast, 2019-2026
9. North America Follow Lights Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Follow Lights Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Follow Lights Market Size and Volume Forecast by Application
9.4.1. Stage & Show
9.4.2. Entertainment Places
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Follow Lights Market Size and Volume Forecast by Type
9.7.1. Halogen Follow Light
9.7.2. LED Follow Light
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Follow Lights Demand Share Forecast, 2019-2026
10. Latin America Follow Lights Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Follow Lights Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Follow Lights Market Size and Volume Forecast by Application
10.4.1. Stage & Show
10.4.2. Entertainment Places
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Follow Lights Market Size and Volume Forecast by Type
10.7.1. Halogen Follow Light
10.7.2. LED Follow Light
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Follow Lights Demand Share Forecast, 2019-2026
11. Europe Follow Lights Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Follow Lights Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Follow Lights Market Size and Volume Forecast by Application
11.4.1. Stage & Show
11.4.2. Entertainment Places
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Follow Lights Market Size and Volume Forecast by Type
11.7.1. Halogen Follow Light
11.7.2. LED Follow Light
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
1.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Follow Lights Demand Share, 2019-2026
12. Asia Pacific Follow Lights Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Follow Lights Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Follow Lights Market Size and Volume Forecast by Application
12.4.1. Stage & Show
12.4.2. Entertainment Places
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Follow Lights Market Size and Volume Forecast by Type
12.7.1. Halogen Follow Light
12.7.2. LED Follow Light
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Follow Lights Demand Share, 2019-2026
13. Middle East & Africa Follow Lights Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Follow Lights Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Follow Lights Market Size and Volume Forecast by Application
13.4.1. Stage & Show
13.4.2. Entertainment Places
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Follow Lights Market Size and Volume Forecast by Type
13.7.1. Halogen Follow Light
13.7.2. LED Follow Light
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Follow Lights Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Follow Lights Market: Market Share Analysis
14.2. Follow Lights Distributors and Customers
14.3. Follow Lights Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Philips
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Panasonic
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. GE Lighting
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. ROBE
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Electronic Theatre Controls
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Clay Paky
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Altman Lighting
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. ADJ
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Robert Juliat
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. JB-Lighting
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. GOLDENSEA
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. PR Lighting
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Nightsun Enterprise
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Colorful Light
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Fineart
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. ROY Stage Light
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. HF (SWY) Stage Lighting
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
