Market Overview:
The global balloon 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 factors such as increasing demand for LED lights, growing awareness about energy-efficient lighting solutions, and rising demand for balloon lights in road construction and maintenance applications. The global balloon lights market is segmented on the basis of type into normal light and LED light. The normal light segment is expected to account for a larger share of the global market than the LED light segment during the forecast period. This can be attributed to lower prices of normal balloons as compared to LED balloons, coupled with their longer life span. On the basis of application, the global balloon lights market is divided into road construction and maintenance, search and rescue, parties and special events, and others (including agricultural purposes).
Product Definition:
A balloon light is a small, lightweight LED light that is typically attached to a helium-filled balloon and used as a temporary source of light. Balloon lights are often used at events such as concerts, parties, and weddings to provide additional lighting.
Normal Light:
Normal light is the one which can be seen with bare eyes. It has been defined as the visual perception of an object having uniform and normal illuminance, as perceived by a human being without optical aids. The term normal light is used for various lights such as natural daylight, indoor lighting, task lighting etc.
The growth factor in balloon lights market is expected to witness significant growth over the forecast period owing to increasing demand from construction sector and medical applications including dental surgeries.
LED Light:
LED light is a modern lighting technology that produces light by using small semiconductor chips. These chips are called LED's (light-emitting diode) and they produce ultraviolet, visible, and infrared light. The most important feature of this technology is that it can be easily modified to produce any color.
Application Insights:
The road construction and maintenance application segment led the global market in 2017. The segment is projected to expand at a CAGR of XX% over the forecast period owing to rising demand for LED lights that provide better illumination than normal light sources. Moreover, increasing government funding and initiatives for the development of infrastructure projects are likely to propel industry growth over the coming years.
The search and rescue application segment accounted for more than 20% revenue share in 2017 due to high usage during natural disasters such as earthquakes or floods where people need immediate assistance or evacuation operations take place quickly so that no one gets injured or loses their lives due to lack of time constraints involved in these situations which forces authorities including police departments fire departments etc., use these products while evacuating people from affected areas with ease providing bright lighting conditions which helps them perform their duties efficiently without any risk factors involved thereby driving industry growth over the coming years.
Regional Analysis:
North America dominated the global market in 2017. The U.S., being a developed economy, has higher adoption of innovative products and services resulting in greater demand for balloon light displays.
Asia Pacific is expected to be one of the fastest-growing regions over the forecast period owing to increasing disposable income levels and rapid urbanization across countries such as China, India, Malaysia & Singapore among others.
Growth Factors:
- Increasing demand for balloon lights in the decoration and events industry.
- Rising popularity of LED balloons as a unique and cost-effective lighting solution.
- Growing trend of using balloon lights for special occasions such as weddings, birthdays, anniversaries, etc.
- Proliferation of online stores that sell balloon lights at competitive prices.
Scope Of The Report
Report Attributes
Report Details
Report Title
Balloon Lights Market Research Report
By Type
Normal Light, LED Light
By Application
Road Construction and Maintenance, Search and Rescue, Parties and Special Events, Others
By Companies
Airstar, Powermoon, KINETIC LIGHTS, Multiquip, LIGHT BOY CO, Estiluz, Nepean, Lunar Lighting, Doosan, VÖGELE, Airstar
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
205
Number of Tables & Figures
144
Customization Available
Yes, the report can be customized as per your need.
Global Balloon Lights Market Report Segments:
The global Balloon Lights market is segmented on the basis of:
Types
Normal Light, LED 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
Road Construction and Maintenance, Search and Rescue, Parties and Special Events, 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:
- Airstar
- Powermoon
- KINETIC LIGHTS
- Multiquip
- LIGHT BOY CO
- Estiluz
- Nepean
- Lunar Lighting
- Doosan
- VÖGELE
- Airstar
Highlights of The Balloon 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:
- Normal Light
- LED Light
- By Application:
- Road Construction and Maintenance
- Search and Rescue
- Parties and Special Events
- 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 Balloon 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?
Balloon lights are a type of lighting that is used to decorate balloons. They come in many different colors and styles, and can be attached to the balloon with a string or wire.
Some of the major companies in the balloon lights market are Airstar, Powermoon, KINETIC LIGHTS, Multiquip, LIGHT BOY CO, Estiluz, Nepean, Lunar Lighting, Doosan, V–GELE, Airstar.
The balloon lights market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Balloon Lights Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Balloon Lights Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Balloon Lights Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Balloon Lights Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Balloon Lights Market Size & Forecast, 2018-2028
4.5.1 Balloon Lights Market Size and Y-o-Y Growth
4.5.2 Balloon Lights Market Absolute $ Opportunity
Chapter 5 Global Balloon Lights Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Balloon Lights Market Size Forecast by Type
5.2.1 Normal Light
5.2.2 LED Light
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Balloon Lights Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Balloon Lights Market Size Forecast by Applications
6.2.1 Road Construction and Maintenance
6.2.2 Search and Rescue
6.2.3 Parties and Special Events
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Balloon Lights Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Balloon Lights Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Balloon Lights Analysis and Forecast
9.1 Introduction
9.2 North America Balloon Lights Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Balloon Lights Market Size Forecast by Type
9.6.1 Normal Light
9.6.2 LED Light
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Balloon Lights Market Size Forecast by Applications
9.10.1 Road Construction and Maintenance
9.10.2 Search and Rescue
9.10.3 Parties and Special Events
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Balloon Lights Analysis and Forecast
10.1 Introduction
10.2 Europe Balloon Lights Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Balloon Lights Market Size Forecast by Type
10.6.1 Normal Light
10.6.2 LED Light
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Balloon Lights Market Size Forecast by Applications
10.10.1 Road Construction and Maintenance
10.10.2 Search and Rescue
10.10.3 Parties and Special Events
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Balloon Lights Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Balloon Lights Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Balloon Lights Market Size Forecast by Type
11.6.1 Normal Light
11.6.2 LED Light
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Balloon Lights Market Size Forecast by Applications
11.10.1 Road Construction and Maintenance
11.10.2 Search and Rescue
11.10.3 Parties and Special Events
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Balloon Lights Analysis and Forecast
12.1 Introduction
12.2 Latin America Balloon Lights Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Balloon Lights Market Size Forecast by Type
12.6.1 Normal Light
12.6.2 LED Light
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Balloon Lights Market Size Forecast by Applications
12.10.1 Road Construction and Maintenance
12.10.2 Search and Rescue
12.10.3 Parties and Special Events
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Balloon Lights Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Balloon Lights Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Balloon Lights Market Size Forecast by Type
13.6.1 Normal Light
13.6.2 LED Light
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Balloon Lights Market Size Forecast by Applications
13.10.1 Road Construction and Maintenance
13.10.2 Search and Rescue
13.10.3 Parties and Special Events
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Balloon Lights Market: Competitive Dashboard
14.2 Global Balloon Lights Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Airstar
14.3.2 Powermoon
14.3.3 KINETIC LIGHTS
14.3.4 Multiquip
14.3.5 LIGHT BOY CO
14.3.6 Estiluz
14.3.7 Nepean
14.3.8 Lunar Lighting
14.3.9 Doosan
14.3.10 VÖGELE
14.3.11 Airstar
