|09-14-2018 03:28 PM CET - Sports||
Stadium Lighting Market Industry Top Players, Regions & Market Overview 2018: OSRAM, Wipro Lighting, Bajaj Electricals Ltd, Philips Lighting, Musco Lighting, Cree, Acuity Brands, Hubbell Incorporated, LG España Empresas, GE, Panasonic USA & More
Press release from: Data Bridge Market Research
Stadium lighting market is going to have a rocket boom for their sales, import, export and revenue in the forecast period of 2018-2025.
The base year for calculation in the report is taken as 2017 the historic year is 2016 which will tell you how the stadium lighting market is going to perform in the forecast years by informing you what the market definition, classifications, applications, and engagements are, and how the top players are performing in when it comes to their recent product launches, their researches, their joint ventures, merges, and accusations.
The report also contains the market drivers and restrains are with the help of SWOT analysis.
In 2015, Musco’s LED lighting solution provides LEDs to Arsenal football club, under which they played a football match against Liverpool.
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In 2016, LG Electronics and Nissan stadium partnership to manufactured stadium LED sports lighting, which is enhanced with embedded sensors and Zigbee wireless communications.
The report is generated based on the market type, size of the organization, availability on-premises and the end-users’ organization type, and the availability in areas such as North America, South America, Europe, Asia-Pacific and Middle East & Africa.
Market Analysis: Global Stadium Lighting Market
The global stadium lighting market is expected to reach USD 703.2 million by 2025 from USD 391.7 million in 2017 and is projected to grow at a CAGR of 7.59% in the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
Market Drivers and Restraints:
• Increasing demand in different sports events, which are played under stadium lights.
• Growing demand of LEDs diodes in stadium lights due to weather compatibility.
• Research and development took place to improve the Floodlights which is 365 degree movable.
• The growth is suppressed due to high risk associated with health situation.
• Distortion due to lack of standard process controls and difficulties in using sensor printing software.
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Competitive Analysis: Global Stadium Lighting Market
The global stadium lighting market is fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market in order to sustain in long run. The report includes market shares of stadium lighting market for global, Europe, North America, Asia Pacific and South America.
The renowned players in Global Stadium Lighting Market OSRAM GmbH , Wipro Consumer Lighting, EVEREADY , Moser Baer Solar Limited, Surya, Bajaj Electricals Ltd., Philips Lighting Holding B.V., Musco Sports Lighting, LLC., Eaton., Cree, Inc., Acuity Brands Lighting, Inc., Hubbell., LG Electronics., GENERAL ELECTRIC, Panasonic, KCL Engineering, Ramus Illumination Pty Ltd., Valmont Industries, Inc., Sportsbeams Lighting, Inc., Techline Sports Lighting, Jasstech, Qualite Sports Lighting, LLC, Nila, Inc. and many more.
Market Segmentation: Global Stadium Lighting Market
• Based on light source, the market is segmented into LED, HID, HPS and Induction.
• Based on offering, the market is segmented into lamps & luminaires, control systems, and services.
• Based on solution set-up, the market is segmented into indoor, outdoor.
• Based on installation type, the market is segmented into new, retrofit.
• Based on geography, the market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.
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