Stadium Lighting Market 2022 Top Industry Trend and Segments Analysis up to 2030

SDKI Inc. published a new research report on "Stadium Lighting Market-Global Forecast 2023". The report provides a complete assessment of the market and its growth prospects, along with new business opportunities in the industry. It also includes market size and annual growth during the 2018-2023 forecast period.

Report sample URL
https://www.sdki.jp/sample-request-110061

The stadium lighting market is estimated to reach US $ 622.2 million by 2023 from US $ 432.0 million in 2018 and is expected to grow at a CAGR of 7.57% between 2018-2023. Demand for stadium lighting is increasing due to factors such as upcoming national and international sporting events, improving the stadium experience for fans using LEDs, and reducing LED costs and stadium lifecycle operating costs.

Market segment

The stadium lighting market is by light source (LED, HID, HPS, induction), offering (lamp / lamp, control system, service), solution setup (indoor / outdoor), installation type (new, modified). , And are divided by region. These segments are further subsegmented based on various factors and consist of some additional information about the market, such as the combined annual growth rate of each segment and subsegment, the market value and volume of the valuation period.

The LED segment had the largest share of the stadium lighting market in 2017.

Based on the light source, the LED segment took the largest share of the stadium lighting market in 2017. LEDs provide about 50% energy savings compared to traditional luminaires. They also significantly reduce lighting maintenance costs due to the long shelf life of LEDs. In addition, LED lighting ensures smooth and uniform lighting so athletes can focus on the competition for best performance. Event organizers can also achieve a variety of stage effects with instant lighting and dimming.

Report sample URL
https://www.sdki.jp/sample-request-110061

Area overview

The stadium lighting market is further subdivided based on region, and the market growth of each country is evaluated. These include North America (US, Canada, and other North America), Europe (Germany, France, Italy, Spain, United Kingdom, and other Europe), Asia Pacific (China, Japan, India, Australia, and other Asia Pacific). ) And other regions.

Europe held the largest share of the stadium lighting market during the forecast period.

Europe held the largest share of the value of the stadium lighting market in 2017 and is expected to maintain this share during the forecast period. Market growth includes upcoming sports such as the IIHF World Hockey Championship, France (2017), FIFA World Cup, Russia (2018), Confederations Cup, Russia (2017), ICC Cricket World Cup, UK (2019). It may be due to an event.

Details of the survey report
https://www.sdki.jp/reports/stadium-lighting-market/110061

The survey includes a detailed competitive analysis of these major companies in the stadium lighting market, corporate profiles, recent developments, and key market strategies.

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This release was published on openPR.