EXHIBITION PREVIEW
The Indian market continues to mature at a rapid pace. The
entertainment event industry has seen phenomenal growth in the
last decade with music festivals becoming a youth culture. The
demanding concert riders of these international artists, has made
it obligatory for rental companies and suppliers in India to invest
in state-of-the-art equipment and has led to an improved industry
setup.
The events industry in India is expected to cross Rs 10,000 crore
mark by 2020-21, as per an EY-EEMA (Event and Entertainment
Management Association) report. The industry, which was at Rs
5,631 crore in 2016-17 overall, has been growing at a 16%
CAGR, even overtaking the Indian media and entertainment
(M&E) industry, which is growing at 11-13% CAGR, the report
called '#Experience_Next' said.
Another report by Futuresource predicts audio market growth by
$1 Billion in 2018 covering touring, rental and portable audio
markets. Estimate of 5 million DJ set ups in India per annum is
guidance on the value of the market. Controllers or consoles and
CD players or Media players, mixers, speakers and ampliers works
11 year old – DJ – ATOM Bass Boy proves that music
knows no bounds at the PALM DJ Championship stage in 2017PALM Expo 2018:
What to Expect from India's Largest Pro-audio,
Lighting and Audio-Visual Trade Show
PALM Expo 2018 opens its doors to visitors in less than two months from now and the excitement
and energy among the global pro sound and light manufacturers and Indian distributors of top
brands is on a high. Hosted in Mumbai – India's entertainment capital and city of Bollywood,
the expo will take place at the Bombay Exhibition Centre in Mumbai from May 31st – June 2nd.Hustling and bustling of the visitors and exhibitors on the PALM Exhibit floor at PALM Expo 2017up to a massive sound reproduction gear driving events across
verticals. Top-end set-ups from premium brands would account for
10% or 50,000 DJ set-ups.