Market Overview:
The global lighting balloon market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for LED lights and rising awareness about energy-efficient lighting solutions. In terms of type, the normal light segment is expected to dominate the market during the forecast period. However, LED light is projected to grow at a higher CAGR owing to its energy-efficiency and longer life span as compared with other types of lights. By application, road construction and maintenance is estimated to account for a major share of the global lighting balloon market in 2018.
Product Definition:
A lighting balloon is a large, round balloon that is lit on fire and then released into the sky. It is often used for special events or celebrations, such as New Year's Eve or Independence Day.
Normal Light:
Normal light is the one which can be perceived by human eyes without any optical aid. It is also known as natural light. The normal light has a wavelength of 590 nanometers, and a photon energy of 6500 keV. In comparison to artificial lighting, normal light has much shorter wavelengths and higher energies (brighter colors).
The growth factor in the lighting balloon market is directly proportional to the number of units sold in any particular region or country during a specific time period.
LED Light:
LED light is a modern lighting technology that produces light by using small chips or diodes. These lights are very energy-efficient and cost-effective as compared to incandescent lights. Incandescent lights use gas filled bulbs that produce heat as well as light; whereas LED’s do not produce any heat, hence they are more efficient and cost effective in nature.
Application Insights:
The road construction and maintenance application segment accounted for the largest revenue share of over 30% in 2017. The use of lighting balloons is becoming popular to illuminate dark areas on roadsides or highways, especially at night time. Moreover, these are also used during the day time for highlighting certain areas on roadsides which may include trees or bushes, thereby making it more visible for drivers. These lights are used as a warning light by drivers to alert others that they are about to pass through an area where there might be a danger of falling rocks or debris hidden under the ground surface.
Lighting balloons have numerous applications in search and rescue operations as well such as providing illumination during night time searches along with signaling devices like sirens & whistles which can help attract attention from people who are far away from the scene where assistance is required most urgently.
Regional Analysis:
North America dominated the global lighting balloon market in 2017. The U.S., in particular, is one of the largest consumers owing to various celebrations and parties taking place on a regular basis across the region. Moreover, several companies are also using these balloons for advertising purposes, which has led to an increase in their demand as well.
Asia Pacific is expected to be one of the fastest-growing regions over the forecast period due to increasing road construction activities coupled with emergencies such as floods and storms that require immediate attention from emergency services personnel at night time only (i.e., during twilight).
Europe was valued at USD X million in 2017 and is anticipated to grow significantly over the forecast period owing rising popularity of outdoor events such as music festivals and sporting events held throughout Europe on a regular basis throughout summer season (April through September).
Growth Factors:
- Increasing demand for energy-efficient lighting solutions
- Rising awareness about the benefits of using LED lights
- Growing demand for decorative and specialty lighting products
- Proliferation of online retail platforms that offer a wide range of lighting products at competitive prices
- Technological advancements in the field of LED lighting
Scope Of The Report
Report Attributes
Report Details
Report Title
Lighting Balloon 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
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
181
Number of Tables & Figures
127
Customization Available
Yes, the report can be customized as per your need.
Global Lighting Balloon Market Report Segments:
The global Lighting Balloon 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
Highlights of The Lighting Balloon 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 Lighting Balloon 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?
Lighting Balloon is a free online tool that helps you create stunning light shows with your webcam. Simply connect your webcam to the Lighting Balloon website, select a show template, and start filming! The website then creates a custom show for you based on the template you selected. You can also add music and effects to make your light show even more spectacular!
Some of the major players in the lighting balloon market are Airstar, Powermoon, KINETIC LIGHTS, Multiquip, LIGHT BOY CO, Estiluz, Nepean, Lunar Lighting, Doosan, V–GELE.
The lighting balloon market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Lighting Balloon 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 Lighting Balloon Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Lighting Balloon 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 Lighting Balloon 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 Lighting Balloon Market Size & Forecast, 2018-2028
4.5.1 Lighting Balloon Market Size and Y-o-Y Growth
4.5.2 Lighting Balloon Market Absolute $ Opportunity
Chapter 5 Global Lighting Balloon 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 Lighting Balloon 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 Lighting Balloon 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 Lighting Balloon 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 Lighting Balloon 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 Lighting Balloon 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 Lighting Balloon Analysis and Forecast
9.1 Introduction
9.2 North America Lighting Balloon 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 Lighting Balloon 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 Lighting Balloon 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 Lighting Balloon Analysis and Forecast
10.1 Introduction
10.2 Europe Lighting Balloon 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 Lighting Balloon 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 Lighting Balloon 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 Lighting Balloon Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Lighting Balloon 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 Lighting Balloon 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 Lighting Balloon 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 Lighting Balloon Analysis and Forecast
12.1 Introduction
12.2 Latin America Lighting Balloon 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 Lighting Balloon 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 Lighting Balloon 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) Lighting Balloon Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Lighting Balloon 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) Lighting Balloon 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) Lighting Balloon 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 Lighting Balloon Market: Competitive Dashboard
14.2 Global Lighting Balloon 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
