Yes. But this is a hobbyists forum... sure there are a few 'Pro' members and a few who do shows for money, but not many 'Pro' companies here buy 'cheap tat' to base their business on...
I don't see what your point is... other than a moan...
Five or six years ago the influx of cheap Chinese lighting and sound gear hit the UK market and everyone became a lighting designer/rental company. The market for hiring low end quality 'disco' gear pretty much disappeared overnight. Plenty of long established companies threw in the towel and gave up, but plenty more adapted and thrived. Sure you can do a gig with a bunch of $50 LED cans, but will it look good? Will it still look good in 10 gigs time?
I see plenty of kids in bands ask me for pa & lights for pub gigs then say 'but I can buy it from Maplin for that!' when I give them a quote. My answer is always 'off you go then, but do you know how to use it?'
Quality costs money in all areas of life. Plenty of people do things for reasons other than money though.
Hence you have a hobby.
Hobbies can become businesses, but at that point you usually have invested in 'quality' or built it yourself.
I don't see the problem. If your business is suffering because of someone else's hobby, maybe you need to take a good look at your business model and ask yourself why, rather than complaining that 'nobody wants to spend money on my stuff anymore!'
Anyway, that's how I started in lighting and sound all those years ago... with a hobbie using cheap/second hand gear cobbled together with love and gaffa tape. Now I have a warehouse full of Quality gear... but also some cheap lasers from China because that's my current hobby...
Sure I might use them on a gig or two, but not because I'm doing Laser Shows, but more because I like Lasers and it's one of the few times I can get to play with them... I tend not to charge for the lasers, just my overall 'package' and the lasers come as a bonus...
One day, maybe, in 5 or 10 years time I might have built or bought Quality lasers and control gear. At that point my hobby will become part of my business and I'll worry about it making money...
By the way, the kids in my example usually come back after their third or fourth bad gig when they've blown up their cheap PA starting their gig night off and can afford to hire me and my equipment...![]()