Published on : Oct 11, 2019
Albany, New York, October 11, 2019: Portable stages are transportable platforms that are conventionally produced with toughened glass or plywood on aluminum truss, which is suitable for both indoor and outdoor use. This equipment is very popular in performance areas that require high levels of customization various types of events.
Portable stages are rapidly gaining traction owing to the numerous advantages provided to the user including high flexibility, easy and quick installations, adjustable height, low weight, easy portability, customizability, and compactness for storage. In addition, the growth of the market can also be attributed to the wide scope of applications such as individual events, recreation industry, institutes, and commercial events among others.
The global portable stages market is projected to grow at a strong CAGR of ~ 8 per cent and is expected to rise to a value of USD 313 million through the forecast period by 2029, which will account for the sale of ~ 500,000 units in the same period.
These insights are derived from the intelligence report, titled, “Global Market Study on Portable Stages: ‘Rental’ Creating New Opportunities” which has been added recently to the Market Research Hub’s (MRH) ever-expanding repository.
Portable stages can be installed quickly, and do not require a large work force, while providing high levels of customizability for the event manager. Consequently, the varying requirements of events such as trade shows and exhibitions that require efficient and temporary solutions are expected to contribute significantly to the demand for portable stages in the near future.
Portable Stages Market: Report Content
The report comprises an analysis to support the report on the portable stage market. In addition, the report strongly focuses on the various facets in the market that are expected to have an impact on the portable stage market in various scenarios. Some of these factors include, drivers, restraints, opportunities, and trends. Further, the report also focuses on the segmentation of the market that provides an analysis on portable stages.
Furthermore, the report accurately describes benchmarking standards that are aimed at assessing product performance, solutions, and business processes. Benchmarking also focuses on the performances of rival companies, with the aim of improving on performance.
The analysis of the competitive scenario of the portable stage market counts on Porters’ Five Force Analysis. It offers an analysis on the potential strategies of the players in the portable stage market. The business strategies depends upon product portfolios, company profile, recent developments, key differentiation, and SWOT analysis.
Portable Stages Market: Research Methodology
The report on portable stages relies on primary research and secondary research that offers intelligent insights on the market. Nevertheless, the report focuses on authentic and unbiased sources that have had a substantial impact in the preparation of the report. On the other hand, the report also relies upon primary sources that are developed through analysis from experts, telephonic interviews, and detailed analysis from analysts, and surveys. In addition, the secondary sources of data incorporates EC filings, trade journals, press releases, databases and government websites.
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