In the past year 2023, the rental performance market was very lively, with large-scale various concerts, outdoor music festivals, dramas, children‘s plays, musicals, operas, dances and other performances constantly being staged.
Overall, the industry‘s overall output value will be approximately US$6 billion in 2023, with an overall growth of approximately 11%. From an incremental market perspective, XR LED displays and virtual photography appeared in 2022; after the epidemic eases in 2023, the rental market such as concerts became a bright spot; in 2024, it is expected that movie screen rental screens and all-in-one machines will have the opportunity to take over
Rich performance projects such as concerts and music festivals have driven the growth in demand for performing arts rental equipment. It has also led to the rapid recovery of catering, hotel, tourism and other industries in the host city, boosting the recovery of the local economy.
In terms of performing arts equipment, due to the popularity of the performance market in 2023, the demand for related supporting stage audio, lighting, display, laser and other equipment has increased significantly.
superstar concert
Nowadays, LED display screen, as a common visual display tool on modern stages, not only allows live audiences to clearly watch the performance content and deepens the interaction between performers and audiences, but can also be linked with music and stage lighting to create rich dual visual and auditory effects. The application of LED display screen allows performances to present higher-quality audio-visual effects and brings a rich and diverse entertainment experience to the audience.