Drone Light Shows Global Market Report 2023

“Drone Light Shows Global Market Report 2023 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on drone light shows market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

• Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
• Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
• Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
• Measure the impact of high global inflation on market growth.
• Create regional and country strategies on the basis of local data and analysis.
• Identify growth segments for investment.
• Outperform competitors using forecast data and the drivers and trends shaping the market.
• Understand customers based on the latest market shares.
• Benchmark performance against key competitors.
• Suitable for supporting your internal and external presentations with reliable high quality data and analysis
• Report will be updated with the latest data and delivered to you within 3-5 working days of order along with an Excel data sheet for easy data extraction and analysis.
• All data from the report will also be delivered in an excel dashboard format.

Where is the largest and fastest growing market for drone light shows? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The drone light shows market global report ” from The Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

• The market characteristics section of the report defines and explains the market.
• The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
• The forecasts are made after considering the major factors currently impacting the market. These include:

The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.

The impact of higher inflation in many countries and the resulting spike in interest rates.

The continued but declining impact of COVID-19 on supply chains and consumption patterns.

• Market segmentations break down the market into sub markets.
• The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
• The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
• The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Scope

Markets Covered:

• 1) By Type: Drone Formations; Animated Sculptures; Drone-launched Fireworks; Light Paintings

• 2) By Mode of Operation: Remotely Operated; Semi-Autonomous; Autonomous

• 3) By Application: Exhibition; Cultural Performance; Tourist Attraction; Teaching Research; Other Applications

• Companies Mentioned: HighGreat; Geoscan Group; CollMot Entertainment; BotLab Dynamics; Skymagic

• Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA

• Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

• Time series: Five years historic and ten years forecast.

• Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,

• Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.

• Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

• Delivery format: PDF, Word and Excel Data Dashboard.

Executive Summary

Major players in the drone light shows market are HighGreat, Geoscan Group, CollMot Entertainment, BotLab Dynamics, Skymagic, SPH Engineering Limited, Zerotech, Verge Aero, Dronisos, Sky Elements Drones, Vimdrones Inc Limited, Cyberdrone Drone Shows, Firefly Drone Shows, Open Sky Productions, and The BLINK.

The global drone light shows market is expected to grow from $4.22 billion in 2022 to $5.09 billion in 2023 at a compound annual growth rate (CAGR) of 20.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The drone light shows market is expected to reach $10.64 billion in 2027 at a CAGR of 20.2%.

The drone light shows market includes revenues earned by entities by providing light shows that include indoor drone light shows, and outdoor drone light shows. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

Drone light shows are performed by squadrons of drones that organise themselves into various flying formations while being illuminated, synchronised, and choreographed. These are used to recreate any computer image in the sky by a computer graphic program that converts graphics into flight commands, to create images with the help of a drone.

North America was the largest region in the drone light shows market in 2022. The regions covered in the drone light shows report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The main types of drone light are drone formations, animated sculptures, drone-launched fireworks, and light paintings. The drone formations are used to record events, display 3D animation, assist farmers in inspecting their fields, and find lost hikers. The different modes of operation are remotely operated, semi-autonomous, and autonomous and are used in various applications such as exhibitions, cultural performances, tourist attractions, teaching research, and others.

The rising use of drone light shows for social media and movie promotions is expected to propel the growth of the drone light show market going forward. Drone light shows offer a more sustainable way to brighten the night sky where drone fleets can be utilized at numerous events, and they are free of noise and chemical contamination. On several social media platforms, movie producers are interested in drone light shows and are using drone light shows for promoting their shows. For instance, in April 2022, Amazon's Prime Video, a US-based telivision channel, used 500 drones to create a karaoke show over Rome which was a unique stunt performed to promote the platform's new original movie Laura Pausini - Piacere di concerti. Further, in November 2021, Cartoon Network, a US-based television channel, lighted up the dark sky with a 3D animation of the legendary futurist concept which was called a black lotus drone light show for the promotion of its debut show, Blade Runner. Therefore, the Rising use of drone light shows for social media and movie promotions drive the drone light show market

Innovative drone light shows are a key trend gaining popularity in the drone light shows market. Major players in drone light shows are focused on creating innovative shows to sustain their position in the market. For an instance, in January 2021, SKY MAGIC, a Singapore-based, leading drone light show company, in partnership with Jack Morton, the global brand experience agency and the Mayor of London's office developed and organized an innovative light show in London celebrating diverse cultural heritage in the New Year. SKY MAGIC deployed a startling 300 drones with innovative fireworks and lighting for a 10-minute show, designed for home viewing, and created an extraordinary experience with a dedicated team of experts.

In July 2022, Nova Sky Stories, a US-based company engaged in drone, drone art, and drone light shows, acquired Intel Drone Light Shows, for an undisclosed amount. The acquisition includes 9,000 Intel light drones, which have been utilized at major events such as the Olympics and Super Bowl halftime shows. With this acquisition, the number of people who used to work with Intel Drones has joined Nova Sky. Intel Drone Light Shows is a US-based, company engaged in the development of software intended to build drone light shows.

The countries covered in the drone light shows market report are: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified) .

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The drone light shows market research report is one of a series of new reports from The Business Research Company that provides drone light shows market statistics, including drone light shows industry global market size, regional shares, competitors with drone light shows market share, detailed drone light shows market segments, market trends and opportunities, and any further data you may need to thrive in the drone light shows industry. This drone light shows market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.