Global Drive in Movie Theatre Market is valued approximately USD 5.10 billion in 2022 and is anticipated to grow with a CAGR of more than 6.20% over the forecast period 2023-2030. A drive-in movie theatre is an outdoor entertainment venue where people can watch movies from the comfort of their cars. It typically consists of a large screen erected in an open field or parking lot and a designated area for vehicles to park facing the screen. The audio is transmitted through FM radio frequencies, allowing viewers to tune in and listen to the movie's sound through their car's speakers. Drive-in movie theatres offer a unique and nostalgic movie-watching experience, combining the convenience of staying in your vehicle with the excitement of a shared outdoor event. Moreover, growing media & entertainment industry and rising household disposable income anticipated as the growth drivers of this market. Furthermore, expansion in emerging market and growing urbanization shoot up the Global Drive in Movie Theater Market during the forecasted year 2023-2030.
According to the United Nations Population Fund (UNFPA) in 2022, urban expansion is rapidly increasing worldwide. The global population is expected to reach around 5 billion by 2030, with a majority already residing in urban areas. The continents of Africa and Asia are expected to witness significant urbanization, leading to substantial social, economic, and environmental transformations on a global scale. This growth primarily centers around the expansion of urban populations, highlighting the unprecedented nature of this trend. According India Brand Equity Foundation (IBEF) in 2022, by 2026, it is anticipated that India's media and entertainment sector would be worth Rs. 4,30,401 crores (US$ 53.99 billion). By 2024, it is anticipated that India's advertising revenue would total Rs 394 billion (about $5.42 billion). With a 40% market share, television may be in the lead, followed by print media (13%), digital advertising (12%), films (9%), and OTT, and gaming sector (8%). However, limited location accessibility and changing weather condition may hamper the growth of the market.
The key regions considered for the Global Drive in Movie Theatre Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. Asia Pacific dominates the drive-in movie theatre market due to its large population, rapid urbanization, and growing middle class. The region's cultural significance, technological embrace, tourism appeal, and government support further contribute to its dominance. North America is the fastest-growing region in the drive-in movie theatre market due to several factors. The region's strong cultural presence and nostalgia associated with drive-in theatres have fueled their rapid growth. Additionally, the high disposable income of North American consumers, coupled with technological advancements in projection and audio systems, has contributed to the market's expansion. The region's favorable weather conditions, penchant for new entertainment trends, and the adaptability of drive-in theatres to host diverse events have further propelled their growth in North America.
Major market player included in this report are:
- AMC Entertainment Holdings Inc.
- Cineworld Group plc
- Cinemark Holdings, Inc.
- Cinepolis India Private Limited
- Cineplex Inc.
- Vue International Bidco PLC
- CJ Corporation Golden Harvest Village Roadshow
- Wanda Film Holding Co., Ltd
- Alamo Drafthouse Cinema LLC
- The Decurion Corporation
Recent Developments in the Market:
- In November 2021, PVR Cinemas, a renowned multiplex chain, unveiled a new addition to its portfolio with the launch of a rooftop drive-in cinema located at the Jio World Drive Mall in Mumbai, India.
- In January 2021, Craft Food Hall in Waltham, U.S., transformed its parking lot into a drive-in theater, offering a unique movie-watching experience for its visitors.
Global Drive in Movie Theatre Market Report Scope:
- Historical Data: 2020 - 2021
- Base Year for Estimatio: 2022
- Forecast period: 2023-2030
- Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
- Segments Covered: Screen Size, Area, Technology, Application, Region
- Regional Scope: North America; Europe; Asia Pacific; Latin America; Middle East & Africa
- Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Screen Size:
- Up to 20 ft.
- 20-50 ft.
- Above 50 ft.
By Area:
By Technology:
By Application:
- Restaurants Parking Lots
- Theater Parking Lots
By Region:
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- RoAPAC
- Latin America
- Brazil
- Mexico
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
Table of Contents
Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1. Drive in Movie Theatre Market, by Region, 2020-2030 (USD Billion)
- 1.2.2. Drive in Movie Theatre Market, by Screen Size, 2020-2030 (USD Billion)
- 1.2.3. Drive in Movie Theatre Market, by Area, 2020-2030 (USD Billion)
- 1.2.4. Drive in Movie Theatre Market, by Technology, 2020-2030 (USD Billion)
- 1.2.5. Drive in Movie Theatre Market, by Application, 2020-2030 (USD Billion)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
Chapter 2. Global Drive in Movie Theatre Market Definition and Scope
- 2.1. Objective of the Study
- 2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
- 2.3. Years Considered for the Study
- 2.4. Currency Conversion Rates
Chapter 3. Global Drive in Movie Theatre Market Dynamics
- 3.1. Drive in Movie Theatre Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
- 3.1.1.1. Growing Media & Entertainment Industry
- 3.1.1.2. Rising Household Disposable Income
- 3.1.2. Market Challenges
- 3.1.2.1. Limited Location Accessibility
- 3.1.2.2. Changing Weather Condition
- 3.1.3. Market Opportunities
- 3.1.3.1. Expansion in Emerging Market
- 3.1.3.2. Growing Urbanization
Chapter 4. Global Drive in Movie Theatre Market Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.2. Porter's 5 Force Impact Analysis
- 4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
- 4.4. Top investment opportunity
- 4.5. Top winning strategies
- 4.6. COVID-19 Impact Analysis
- 4.7. Disruptive Trends
- 4.8. Industry Expert Perspective
- 4.9. Analyst Recommendation & Conclusion
Chapter 5. Global Drive in Movie Theatre Market, by Screen Size
- 5.1. Market Snapshot
- 5.2. Global Drive in Movie Theatre Market by Screen Size, Performance - Potential Analysis
- 5.3. Global Drive in Movie Theatre Market Estimates & Forecasts by Screen Size 2020-2030 (USD Billion)
- 5.4. Drive in Movie Theatre Market, Sub Segment Analysis
- 5.4.1. Up to 20 ft.
- 5.4.2. 20-50 ft.
- 5.4.3. Above 50 ft.
Chapter 6. Global Drive in Movie Theatre Market, by Area
- 6.1. Market Snapshot
- 6.2. Global Drive in Movie Theatre Market by Area, Performance - Potential Analysis
- 6.3. Global Drive in Movie Theatre Market Estimates & Forecasts by Area 2020-2030 (USD Billion)
- 6.4. Drive in Movie Theatre Market, Sub Segment Analysis
- 6.4.1. Small Scale
- 6.4.2. Large Scale
Chapter 7. Global Drive in Movie Theatre Market, by Technology
- 7.1. Market Snapshot
- 7.2. Global Drive in Movie Theatre Market by Technology, Performance - Potential Analysis
- 7.3. Global Drive in Movie Theatre Market Estimates & Forecasts by Technology 2020-2030 (USD Billion)
- 7.4. Drive in Movie Theatre Market, Sub Segment Analysis
Chapter 8. Global Drive in Movie Theatre Market, by Application
- 8.1. Market Snapshot
- 8.2. Global Drive in Movie Theatre Market by Application, Performance - Potential Analysis
- 8.3. Global Drive in Movie Theatre Market Estimates & Forecasts by Application 2020-2030 (USD Billion)
- 8.4. Drive in Movie Theatre Market, Sub Segment Analysis
- 8.4.1. Restaurants Parking Lots
- 8.4.2. Theater Parking Lots
Chapter 9. Global Drive in Movie Theatre Market, Regional Analysis
- 9.1. Top Leading Countries
- 9.2. Top Emerging Countries
- 9.3. Drive in Movie Theatre Market, Regional Market Snapshot
- 9.4. North America Drive in Movie Theatre Market
- 9.4.1. U.S. Drive in Movie Theatre Market
- 9.4.1.1. Screen Size breakdown estimates & forecasts, 2020-2030
- 9.4.1.2. Area breakdown estimates & forecasts, 2020-2030
- 9.4.1.3. Technology breakdown estimates & forecasts, 2020-2030
- 9.4.1.4. Application breakdown estimates & forecasts, 2020-2030
- 9.4.2. Canada Drive in Movie Theatre Market
- 9.5. Europe Drive in Movie Theatre Market Snapshot
- 9.5.1. U.K. Drive in Movie Theatre Market
- 9.5.2. Germany Drive in Movie Theatre Market
- 9.5.3. France Drive in Movie Theatre Market
- 9.5.4. Spain Drive in Movie Theatre Market
- 9.5.5. Italy Drive in Movie Theatre Market
- 9.5.6. Rest of Europe Drive in Movie Theatre Market
- 9.6. Asia-Pacific Drive in Movie Theatre Market Snapshot
- 9.6.1. China Drive in Movie Theatre Market
- 9.6.2. India Drive in Movie Theatre Market
- 9.6.3. Japan Drive in Movie Theatre Market
- 9.6.4. Australia Drive in Movie Theatre Market
- 9.6.5. South Korea Drive in Movie Theatre Market
- 9.6.6. Rest of Asia Pacific Drive in Movie Theatre Market
- 9.7. Latin America Drive in Movie Theatre Market Snapshot
- 9.7.1. Brazil Drive in Movie Theatre Market
- 9.7.2. Mexico Drive in Movie Theatre Market
- 9.8. Middle East & Africa Drive in Movie Theatre Market
- 9.8.1. Saudi Arabia Drive in Movie Theatre Market
- 9.8.2. South Africa Drive in Movie Theatre Market
- 9.8.3. Rest of Middle East & Africa Drive in Movie Theatre Market
Chapter 10. Competitive Intelligence
- 10.1. Key Company SWOT Analysis
- 10.1.1. Company 1
- 10.1.2. Company 2
- 10.1.3. Company 3
- 10.2. Top Market Strategies
- 10.3. Company Profiles
- 10.3.1. AMC Entertainment Holdings Inc.
- 10.3.1.1. Key Information
- 10.3.1.2. Overview
- 10.3.1.3. Financial (Subject to Data Availability)
- 10.3.1.4. Product Summary
- 10.3.1.5. Recent Developments
- 10.3.2. Cineworld Group plc
- 10.3.3. Cinemark Holdings, Inc.
- 10.3.4. Cinepolis India Private Limited
- 10.3.5. Cineplex Inc.
- 10.3.6. Vue International Bidco PLC
- 10.3.7. CJ Corporation Golden Harvest Village Roadshow
- 10.3.8. Wanda Film Holding Co., Ltd
- 10.3.9. Alamo Drafthouse Cinema LLC
- 10.3.10. The Decurion Corporation
Chapter 11. Research Process
- 11.1. Research Process
- 11.1.1. Data Mining
- 11.1.2. Analysis
- 11.1.3. Market Estimation
- 11.1.4. Validation
- 11.1.5. Publishing
- 11.2. Research Attributes
- 11.3. Research Assumption