Falling action: After a proliferation of independent production, revenue is expected to grow more moderately

The industry has experienced strong growth over the five years to 2017, as the emergence of video streaming platforms and increased demand for video content has led to a surge in independent producers, who are more likely to lack equipment inventories and instead rent for their project's needs. Over the five years to 2022, industry revenue is projected to increase at a slightly slower rate than the previous period. The industry is expected to grow more moderately relative to the prior period following the initial surge in downstream activity related to increased filmed entertainment production for online platforms...purchase to read more.

Industry Statistics & Market Size
Revenue
$2bn
Annual Growth 12-17
4.4%
Forecast Growth 17-22
Profit
Employment
6,031
Businesses
739
Market Share of Companies
There are no companies with a dominant market share in this industry

Industry Threats & Opportunities

  • As demand for industry services continues to grow, profit margins are anticipated to increase
  • Higher incomes have enabled more consumers to spend on tickets to plays, musicals and other live performances
  • Film and television companies will continue to account for the majority of industry revenue
  • Industry Report - Industry SWOT Analysis Chapter

    The Motion Picture and Theatrical Equipment Rental industry is in the mature phase of its life cycle. Industry value added, a measure of the industry's contribution to the economy, is expected to rise at an annualized rate of 4.1% over the 10 years to 2022. By contrast, US GDP is projected to grow an annualized 2.0% over the same period. This indicates that the industry represents a growing share of the US economy, which typically characterizes an industry in the growth stage of its life cycle. However, several other factors underscore the industry's maturity.The industry has well defined products and markets. Alt...purchase to read more.

    Additional Insights for the Motion Picture & Theatrical Equipment Rental Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Motion Picture & Theatrical Equipment Rental Industry are

  • Ability to control stock on hand
  • Provision of superior after sales service
  • Having a good technical knowledge of the product
  • IBISWorld analysts also discuss how external factors such as Demand from television production and Demand from performers and creative artists in the Motion Picture & Theatrical Equipment Rental industry impact industry performance..

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    What's in this report

    What is the Motion Picture & Theatrical Equipment Rental Industry?

    This industry includes companies that primarily rent out equipment used in movie or theater production including lighting, sound, stage platforms, musical instruments, props and costumes. Businesses that primarily rent out audio or video recording equipment are not included in this industry.

    Industry Products
  • Cameras and related equipment
  • Sound and lighting equipment
  • Stages and set pieces
  • Industry Activities
  • Renting out lighting and grip equipment for motion picture or theater production
  • Renting out sound equipment for motion picture or theater production
  • Renting out stage platforms for theater production
  • Renting out costumes, props and miscellaneous items for motion picture or theater production
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Demand from television production
  • Demand from performers and creative artists
  • Per capita disposable income
  • Time spent on leisure and sports

  • Current Performance
  • Downstream demand
  • Industry structure
  • Chart: Revenue Growth

  • Industry Outlook
  • Downstream demand
  • Industry structure
  • Table: Motion Picture & Theatrical Equipment Rental Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Motion Picture & Theatrical Equipment Rental Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Movie & Video Production
  • Fine Arts Schools
  • Performers & Creative Artists
  • Public Schools
  • Colleges & Universities

  • Key Selling Industries
  • Audio & Video Equipment Manufacturing
  • Costume & Team Uniform Manufacturing
  • Couriers & Local Delivery Services
  • Electric Power Transmission
  • Lighting Fixtures Manufacturing

  • Products & Services
  • Cameras and related equipment
  • Sound and lighting equipment
  • Stages and set pieces
  • Other
  • Chart: Motion Picture & Theatrical Equipment Rental Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Film producers
  • Television producers
  • Other
  • Live performances
  • Cable networks
  • Television broadcasters
  • Chart: Major Market Segmentation for the Motion Picture & Theatrical Equipment Rental Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Wages
  • Depreciation and purchases
  • Other expenses
  • Chart: Cost Structure Benchmarking – Sector vs Motion Picture & Theatrical Equipment Rental

  • Basis of Competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Motion Picture & Theatrical Equipment Rental Industry

  • Industry Globalization
    There are no major players in this industry. This report includes analysis of other companies.
    Capital Intensity
  • Chart: Level of Capital Intensity for the Motion Picture & Theatrical Equipment Rental Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Motion Picture & Theatrical Equipment Rental Industry
    Includes:
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)
  • Demand from television production (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Grip Equipment
  • Category of portable items that film or theater lighting crews use, such as luminaires, stands, clamps, flags, cutters, scrims, nets, dots, fingers, etc.
  • Prop
  • An object used by the actors performing in a play or film.
  • Stage Lighting
  • Technique of illuminating theater performers, often for dramatic effect.
  • What Our Customers Say

    Why buy this report?

    The Motion Picture & Theatrical Equipment Rental industry market report contains data and analysis of the most influential current and future trends shaping the industry. IBISWorld’s in-depth industry market research is presented in a logical, user-friendly format, and provides growth and profit forecasts for a five-year outlook period.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Motion Picture & Theatrical Equipment Rental:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Motion Picture & Theatrical Equipment Rental market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Motion Picture & Theatrical Equipment Rental, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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