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Diva Ring Light Market Size, Analysis, Share & Forecast 2031
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Diva Ring Light Market Size, Analysis, Share & Forecast 2031

Segments - Diva Ring Light Market by Types (24-LED Type, 36-LED Type, 120-LED Type, 180-LED Type, and 240-LED Type), Applications (Photography and Videography), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Trends, Share, Size, and Forecast 2023–2031

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Author : Debadatta Patel
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Fact-checked by : PARTHA PAUL
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Editor : Shruti Bhat

Upcoming | Report ID :CG-362 | 4.4 Rating | 77 Reviews | 140 Pages | Format : PDF Excel PPT

Report Description


Diva Ring Light Market Outlook 2031

The Diva Ring Light Market was USD 186.76 Million in 2022 and is likely to reach USD 398.97 Million by 2031, expanding at a CAGR of 8.8% during 2023 – 2031. The growth of the market is attributed to the rapid growth of the film industry and their demand for diva ring lights for casting and others.

A ring light is generally a simple-to-use but a multi-purpose lighting tool that helps users to acquire a uniform source of light and enhance the color resolution of objects or people. It improves the general appearance of a subject in a photograph or video by upgrading the light around facial highlights and other features. It is the ideal light, which is widely adopted by users for representation of photography, inventive music recordings, and video writing for a blog.
 

Global Diva Ring Light Market Outlook

The diva ring light consists of a single circular light bulb or numerous small LED lights linked to each other that form a circle shape. The device has versatile functions in taking portraits, glamour shots, or even capturing videos, due to which, ring lights are taken to be one of the main components of a studio. The ring lights allows the users to capture high-quality videos and photographs with less efforts and the easy connectivity of the device with mobile app present positive impact for the growth of the diva ring light market.

Ring lights are now widely adopted by numerous models to opt an exclusive set of priorities from dimmers on tall mounts to tiny light enhancement. Moreover, rising e-commerce penetration is propelling the diva ring light market growth, as these online platforms permit retailers as well as customers to sell various products at a reasonable price.

  • Increasing usage of diva ring lights in portraits, videography, or even in capturing glamourous shots is expected to fuel the market growth during the analysis period.
  • Growing attraction among the young generations toward social media platforms such as tiktokers, youtubers, and others for short video creation is predicted to increase the demand for the device, thereby, boosting the market revenue.
  • Using diva ring lights as a medium for decoration during various events, marriages, occasions, and others are anticipated to expand the market growth.
  • Rising awareness regarding side-effects caused by diva ring lights such as irritation in the skin are expected to hamper the market growth during the forecast period.
  • Rapid growth of the entertainment industries such as films, theaters, daily soaps, and others are presenting numerous opportunities for the players competing in the market.

Scope of Diva Ring Light Market Report

The report on the global diva ring light market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been involved in the report.

Attributes

Details

Report Title

Diva Ring Light Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2022

Historic Data

2016–2021

Forecast Period

2023–2031

Segmentation

Types (24-LED Type, 36-LED Type, 120-LED Type, 180-LED Type, and 240-LED Type), Applications (Photography and Videography)

Regional Scope

Asia Pacific, Latin America, North America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Growth Factors, Competitive Landscape, and Trends, and Revenue Forecast

Key Players Covered in the Report

Auxiwa, Esddi, Fositan, Kshioe, Neewer, Travor, Trumagine, UBeesize, VILTROX, and YONGNUO

Global Diva Ring Light Market Segment Insights

In terms of types, the market is divided into 24-LED type, 36-LED type, 120-LED type, 180-LED type, and 240-LED type. The 24-led type segment is expected to constitute a large market share during the forecast period, accounting for more than 50% of the total revenue. However, the 240-led segment is estimated to witness a robust CAGR during the analysis period due to their increasing demand of the product type due to certain advantages such as their sturdy nature, high strength, long life, reliable performance, and excellent finishing.

Diva Ring Light Market Types

Based on applications, the global diva ring light market is bifurcated into photography and videography. The photography segment is anticipated to account for a major share during the forecast period owing to its massive popularity. The diva ring lights are largely used in photography as they offer to enhance the minor details of an object without forming any shadows. However, the videography segment is estimated to hold a substantial share of the market during the analysis period owing to rising access to social media platforms by youngsters across the globe.

Global Diva Ring Light Market Applications

In terms of regions, the market is generally classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. The market in North America is expected to hold a major share of the global diva ring light market during the forecast period. Furthermore, major players in the diva ring lights are penetrating their presence in Middle East & Africa and Latin America as these regions provide opportunities due to growing disposable income of a large number of population in these regions to some extent. On the other hand, the market in Asia Pacific is projected to represent a prominent market share in the coming years due to wide presence of key global players and rising product awareness among a large number of population in this region. Rising trend in the videography and photography and booming e-commerce network in Asia Pacific are key driving for the regional market growth.

Diva Ring Light Market Region

Segments

The global diva ring light market has been segmented based on

Types

  • 24-LED Type
  • 36-LED Type
  • 120-LED Type
  • 180-LED Type
  • 240 LED Type

Applications

  • Photography
  • Videography

Regions

  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa

Key Players

  • Auxiwa
  • Esddi
  • Fositan
  • Kshioe
  • Neewer
  • Travor
  • Trumagine
  • UBeesize
  • VILTROX
  • YONGNUO

Competitive Landscape

Major players competing in the global diva ring light market include Auxiwa, Esddi, Fositan, Kshioe, Neewer, Travor, Trumagine, UBeesize, VILTROX, and YONGNUO.

Some of these businesses are involved in adopting numerous market strategies such as merger, acquisition, collaboration, partnership, product launch, R&D activities, and capacity expansion to increase market share and global presence.

Global Diva Ring Light Market Key Players

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Diva Ring Light Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Diva Ring Light Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Diva Ring Light Market - Supply Chain
  4.5. Global Diva Ring Light Market Forecast
     4.5.1. Diva Ring Light Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Diva Ring Light Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Diva Ring Light Market Absolute $ Opportunity
5. Global Diva Ring Light Market Analysis and Forecast by Types
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Types
     5.2.2. Y-o-Y Growth Projections by Types
  5.3. Diva Ring Light Market Size and Volume Forecast by Types
     5.3.1. 24-LED Type
     5.3.2. 36-LED Type
     5.3.3. 120-LED Type
     5.3.4. 180-LED Type
     5.3.5. 240 LED Type
  5.4. Absolute $ Opportunity Assessment by Types
  5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Diva Ring Light Market Analysis and Forecast by Applications
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Applications
     6.2.2. Y-o-Y Growth Projections by Applications
  6.3. Diva Ring Light Market Size and Volume Forecast by Applications
     6.3.1. Photography
     6.3.2. Videography
  6.4. Absolute $ Opportunity Assessment by Applications
  6.5. Market Attractiveness/Growth Potential Analysis by Applications
7. Global Diva Ring Light Market Analysis and Forecast by Region
  7.1. Market Trends
  7.2. Introduction
     7.2.1. Basis Point Share (BPS) Analysis by Region
     7.2.2. Y-o-Y Growth Projections by Region
  7.3. Diva Ring Light Market Size and Volume Forecast by Region
     7.3.1. North America
     7.3.2. Latin America
     7.3.3. Europe
     7.3.4. Asia Pacific
     7.3.5. Middle East and Africa (MEA)
  7.4. Absolute $ Opportunity Assessment by Region
  7.5. Market Attractiveness/Growth Potential Analysis by Region
  7.6. Global Diva Ring Light Demand Share Forecast, 2019-2026
8. North America Diva Ring Light Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
  8.2. North America Diva Ring Light Market Size and Volume Forecast by Country
     8.2.1. U.S.
     8.2.2. Canada
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. North America Diva Ring Light Market Size and Volume Forecast by Types
     8.4.1. 24-LED Type
     8.4.2. 36-LED Type
     8.4.3. 120-LED Type
     8.4.4. 180-LED Type
     8.4.5. 240 LED Type
  8.5. Basis Point Share (BPS) Analysis by Types
  8.6. Y-o-Y Growth Projections by Types
  8.7. North America Diva Ring Light Market Size and Volume Forecast by Applications
     8.7.1. Photography
     8.7.2. Videography
  8.8. Basis Point Share (BPS) Analysis by Applications
  8.9. Y-o-Y Growth Projections by Applications
  8.10. Market Attractiveness/Growth Potential Analysis
     8.10.1. By Country
     8.10.2. By Product Type
     8.10.3. By Application
  8.11. North America Diva Ring Light Demand Share Forecast, 2019-2026
9. Latin America Diva Ring Light Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Latin America Average Pricing Analysis
  9.2. Latin America Diva Ring Light Market Size and Volume Forecast by Country
      9.2.1. Brazil
      9.2.2. Mexico
      9.2.3. Rest of Latin America
   9.3. Absolute $ Opportunity Assessment by Country
  9.4. Latin America Diva Ring Light Market Size and Volume Forecast by Types
     9.4.1. 24-LED Type
     9.4.2. 36-LED Type
     9.4.3. 120-LED Type
     9.4.4. 180-LED Type
     9.4.5. 240 LED Type
  9.5. Basis Point Share (BPS) Analysis by Types
  9.6. Y-o-Y Growth Projections by Types
  9.7. Latin America Diva Ring Light Market Size and Volume Forecast by Applications
     9.7.1. Photography
     9.7.2. Videography
  9.8. Basis Point Share (BPS) Analysis by Applications
  9.9. Y-o-Y Growth Projections by Applications
  9.10. Market Attractiveness/Growth Potential Analysis
     9.10.1. By Country
     9.10.2. By Product Type
     9.10.3. By Application
  9.11. Latin America Diva Ring Light Demand Share Forecast, 2019-2026
10. Europe Diva Ring Light Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Europe Average Pricing Analysis
  10.2. Europe Diva Ring Light Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
  10.4. Europe Diva Ring Light Market Size and Volume Forecast by Types
     10.4.1. 24-LED Type
     10.4.2. 36-LED Type
     10.4.3. 120-LED Type
     10.4.4. 180-LED Type
     10.4.5. 240 LED Type
  10.5. Basis Point Share (BPS) Analysis by Types
  10.6. Y-o-Y Growth Projections by Types
  10.7. Europe Diva Ring Light Market Size and Volume Forecast by Applications
     10.7.1. Photography
     10.7.2. Videography
  10.8. Basis Point Share (BPS) Analysis by Applications
  10.9. Y-o-Y Growth Projections by Applications
  10.10. Market Attractiveness/Growth Potential Analysis
     10.10.1. By Country
     10.10.2. By Product Type
     10.10.3. By Application
  10.11. Europe Diva Ring Light Demand Share Forecast, 2019-2026
11. Asia Pacific Diva Ring Light Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Asia Pacific Average Pricing Analysis
  11.2. Asia Pacific Diva Ring Light Market Size and Volume 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. Rest of Asia Pacific (APAC)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Asia Pacific Diva Ring Light Market Size and Volume Forecast by Types
     11.4.1. 24-LED Type
     11.4.2. 36-LED Type
     11.4.3. 120-LED Type
     11.4.4. 180-LED Type
     11.4.5. 240 LED Type
  11.5. Basis Point Share (BPS) Analysis by Types
  11.6. Y-o-Y Growth Projections by Types
  11.7. Asia Pacific Diva Ring Light Market Size and Volume Forecast by Applications
     11.7.1. Photography
     11.7.2. Videography
  11.8. Basis Point Share (BPS) Analysis by Applications
  11.9. Y-o-Y Growth Projections by Applications
  11.10. Market Attractiveness/Growth Potential Analysis
     11.10.1. By Country
     11.10.2. By Product Type
     11.10.3. By Application
  11.11. Asia Pacific Diva Ring Light Demand Share Forecast, 2019-2026
12. Middle East & Africa Diva Ring Light Market Analysis and Forecast
  12.1. Introduction
     12.1.1. Basis Point Share (BPS) Analysis by Country
     12.1.2. Y-o-Y Growth Projections by Country
     12.1.3. Middle East & Africa Average Pricing Analysis
  12.2. Middle East & Africa Diva Ring Light Market Size and Volume Forecast by Country
     12.2.1. Saudi Arabia
     12.2.2. South Africa
     12.2.3. UAE
     12.2.4. Rest of Middle East & Africa (MEA)
  12.3. Absolute $ Opportunity Assessment by Country
  12.4. Middle East & Africa Diva Ring Light Market Size and Volume Forecast by Types
     12.4.1. 24-LED Type
     12.4.2. 36-LED Type
     12.4.3. 120-LED Type
     12.4.4. 180-LED Type
     12.4.5. 240 LED Type
  12.5. Basis Point Share (BPS) Analysis by Types
  12.6. Y-o-Y Growth Projections by Types
  12.7. Middle East & Africa Diva Ring Light Market Size and Volume Forecast by Applications
     12.7.1. Photography
     12.7.2. Videography
  12.8. Basis Point Share (BPS) Analysis by Applications
  12.9. Y-o-Y Growth Projections by Applications
  12.10. Market Attractiveness/Growth Potential Analysis
     12.10.1. By Country
     12.10.2. By Product Type
     12.10.3. By Application
  12.11. Middle East & Africa Diva Ring Light Demand Share Forecast, 2019-2026
13. Competition Landscape
  13.1. Global Diva Ring Light Market: Market Share Analysis
  13.2. Diva Ring Light Distributors and Customers
  13.3. Diva Ring Light Market: Competitive Dashboard
  13.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)

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