Stadium Lighting Market Global Share, Growth, Size, Opportunities, Trends, Regional Overview  Forecast to 2026

Stadium Lighting Market

Stadium lighting referred to as a site lighting fixture is commonly used to illustrate large areas for outdoor events, sporting events, and activities such as concerts among others. Moreover, stadium lighting enables to cover the events during the night time offering attractive coverage to the game, events, and concerts, among others.

Increasing Adoption of IoT, Big Data, and analytics, implementation of green activities, and the increasing popularity of sports events, concerts, and outdoor events are the factors fueling the market growth. However, the high cost of equipment and lack of standardization hinders the market growth.

The Major Players Covered in this Report:
Signify Holding (Philips), Eaton (Ephesus Lighting), Musco Lighting, Zumtobel Group AG (Thorn), AEON LED, Hubbell, Acuity Brands Lighting, INC., Jasstech, Shenzhen Mecree Photoelectric Technology Co., Ltd., ONOR Technology Limited and AAA-LUX 

The global stadium lighting market was valued at USD 8.05 billion in 2019, growing at a CAGR of 4.4% during the forecast period.

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By Light Source- Light-emitting diode, High-Intensity Discharge, High-Pressure Sodium, Induction Lights

By Application- Indoor Stadium, Outdoor Stadium

By Sport Type- Cricket, Football, Basketball, Volleyball, Ice hockey, Others

Segmentation Overview

Extensive Adoption and Myriad of Features of LED Lighting

Notable stadium lighting manufacturers started utilizing the LED instruments due to the benefits it provides. The enhanced capabilities of LEDs in conjunction with its cost-effectiveness are creating lucrative opportunities in outdoor lighting, especially in stadium lighting. LED instruments can be directly controlled by DMX and do not require additional dimmers making it more preferable for stadium lighting. LED instruments are also employed in areas where a high amount of heat-producing conventional stage fixtures is not ideal. The lightweight nature of the LED lights makes it even more convenient for its usage. According to the U.S Department of Energy, the average lifespan of an LED is 25,000 hours.

The primary drivers facilitating the growth of the LED segment are falling prices of LED lighting, a rise in the global LED penetration, rising industrial demand for efficient power lighting, favorable government policies, and weeding out of conventional lighting. Moreover, governments around the globe are encouraging the use of LEDs in private and public spaces. Ban on inefficient lighting by the European Union, the U.S, and Canada, and the Chinese government’s decision to adopt LED lighting ahead of its ban contributed to the growth of the LED segment in every sector.

Regional Analysis For Stadium Lighting Market:

North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

In this study, the years considered to estimate the market size of the Stadium Lighting are as follows:

History Year: 2014-2019
Base Year: 2019
Estimated Year: 2020
Forecast Year 2021 to 2026

The study objectives of this report are:

To study and forecast the market size of the Stadium Lighting in the global market.
To analyze the global key players, SWOT analysis, value, and global market share for top players.
To define, describe and forecast the market by type, end-use, and region.
To analyze and compare the market status and forecast among global major regions.
 Analyze the potential of the global market and the advantages, opportunities and challenges, constraints, and risks of key regions.
Identify the key trends and factors that are driving or holding back market growth.
To analyze the opportunities in the market for stakeholders by identifying the high-growth segments.
Strategic analysis of each submarket in light of individual growth trends and market contributions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
Complete analysis of the strategic strategy and growth of key players

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