Market Overview

Stadium Lighting: Worldwide Market Analysis & Forecast (2018-2023) by Light Source, Offering, Solution Set-Up, Installation Type and Geography

Share:

Stadium Lighting: Worldwide Market Analysis & Forecast (2018-2023) by Light Source, Offering, Solution Set-Up, Installation Type and Geography

PR Newswire

DUBLIN, Aug. 7, 2018 /PRNewswire/ --

The "Stadium Lighting Market by Light Source (LED, HID, HPS, Induction), Offering (Lamps & Luminaires, Control Systems, Services), Solution Set-Up (Indoor, Outdoor), Installation Type (New, Retrofit), and Geography - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.

Research and Markets Logo

The stadium lighting market is expected to be valued at USD 432 million in 2018 and is likely to reach USD 622.2 million by 2023, at a CAGR of 7.57% during the forecast period.

Factors such as upcoming national and international sports events, enhanced stadium experiences of fans using LEDs, and reducing costs of LEDs and lifecycle operating costs of stadiums are boosting the demand for stadium lightings. High costs of equipment and lack of standardization are the major factors restraining the growth of the stadium lighting market.

The report covers the analysis and forecast of the stadium lighting market by light source, offering, solution set-up, installation type, and geography. The study identifies and analyzes market dynamics such as drivers, restraints, opportunities, and challenges. It also profiles the key players operating in the market.

The stadium lighting market is segmented by light source into LED and others (high-intensity discharge, high-pressure sodium, and induction lights). LEDs held a larger share of the stadium lighting market in 2017. Stadiums are replacing old lighting systems with LEDs as these help in lowering energy consumption, as well as in maintaining costs. LEDs provide better quality light compared with traditional lightings and help meet broadcast demands that include a push to high-definition TV and ultra-slow-motion technology. These also help in eliminating shadows and dark spots on playing surfaces and glares in the eyes of players.

The stadium lighting market has been segmented by offering into lamps & luminaires, control systems, and services. The growth of the market for services is primarily driven by the increasing replacement of older lighting systems with advanced LED lighting systems and upcoming national and international sport events, such as Rugby World Cup 2019 in Japan, Super Bowl LII 2018 in the US, and Olympic Games 2020 in Japan.

Europe held the largest share, in terms of value, of the stadium lighting market in 2017. The growth of the market can be attributed to the presence of the highest number of professional football associations and clubs, such as the Premier League (UK), Bundesliga (Germany), Scottish Premier League (Scotland), and La Liga (Spain), in this region.

Major players have adopted various strategies, such as product launches and developments, contracts, acquisitions, partnerships, and business expansions, to grow in the market.

Key Topics Covered

1 Introduction
1.1 Objectives of Study
1.2 Definition
1.3 Scope of the Study
1.3.1 Markets Covered
1.3.2 Geographic Scope
1.3.3 Years Considered for Study
1.4 Currency
1.5 Limitations
1.6 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 List of Major Secondary Sources
2.1.1.2 Secondary Sources
2.1.2 Primary Data
2.1.2.1 Primary Interviews With Experts
2.1.2.2 Key Data From Primary Sources
2.1.3 Secondary & Primary Research
2.1.3.1 Key Industry Insights
2.1.3.2 Breakdown of Primaries
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.1.1 Approach for Capturing Market Size By Bottom-Up Analysis (Demand Side)
2.2.2 Top-Down Approach
2.2.2.1 Approach for Capturing Market Size By Top-Down Analysis (Supply Side)
2.3 Data Triangulation
2.4 Assumptions

3 Executive Summary

4 Premium Insights
4.1 Attractive Growth Opportunities in Stadium Lighting Market
4.2 Market, By Light Source
4.3 Stadium Lighting Market in RoW
4.4 Market, By Installation Type
4.5 Market, By Region

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Upcoming National and International Sports Events
5.2.1.2 Enhancing Experiences of Fans Using LEDs
5.2.1.3 Reducing Costs of LEDs
5.2.1.4 Reduction in Lifecycle Operating Costs of Stadiums
5.2.2 Restraints
5.2.2.1 High Costs of Equipment
5.2.2.2 Lack of Standardization
5.2.3 Opportunities
5.2.3.1 Adoption of Iot
5.2.3.2 Implementation of Green Initiatives
5.2.4 Challenges
5.2.4.1 Competition From In-House Entertainment Systems
5.2.4.2 Rapidly Rising Product Testing Costs

6 Industry Trends
6.1 Introduction
6.2 Value Chain Analysis
6.3 Regulatory Standards
6.4 Recent Trends
6.4.1 Connected Sports Lighting
6.4.2 Use of Smart Lighting in Stadiums

7 Stadium Lighting Market, By Offering
7.1 Introduction
7.2 Lamps & Luminaires
7.3 Control Systems
7.4 Services
7.4.1 Pre-Installation Services
7.4.2 Post-Installation Services

8 Stadium Lighting Market, By Light Source
8.1 Introduction
8.2 LED
8.3 Others

9 Stadium Lighting Market, By Solution Set-Up
9.1 Introduction
9.2 Indoor Set-Ups
9.3 Outdoor Set-Ups

10 Stadium Lighting Market, By Installation Type
10.1 Introduction
10.2 New Installation
10.3 Retrofit Installation

11 Geographic Analysis
11.1 Introduction
11.2 North America
11.2.1 US
11.2.2 Canada
11.2.3 Mexico
11.3 Europe
11.3.1 UK
11.3.2 Germany
11.3.3 France
11.3.4 Spain
11.3.5 Rest of Europe
11.4 APAC
11.4.1 China
11.4.2 Japan
11.4.3 South Korea
11.4.4 Australia
11.4.5 Rest of APAC
11.5 RoW

12 Competitive Landscape
12.1 Introduction
12.2 Ranking Analysis of Players in Stadium Lighting Stadium Lighting Market
12.3 Competitive Scenario
12.3.1 Product Launches & Developments
12.3.2 Partnerships, Agreements, Joint Ventures, & Collaborations

13 Company Profiles
13.1 Key Players
13.1.1 Philips Lighting
13.1.2 Musco Sports Lighting
13.1.3 Eaton
13.1.4 Cree
13.1.5 Zumtobel Group
13.1.6 Acuity Brands
13.1.7 Hubbell
13.1.8 LG Electronics
13.1.9 General Electric
13.1.10 Panasonic
13.2 Other Important Players
13.2.1 Techline Sports Lighting
13.2.2 Valmont Industries
13.2.3 Qualite Sports Lighting
13.2.4 Sportsbeams Lighting
13.2.5 Nila Sports
13.3 Key Innovators
13.3.1 Usave LED
13.3.2 Jasstech
13.3.3 Lumosa LED Lighting
13.3.4 Ramus Illumination
13.3.5 KCL Engineering

For more information about this report visit https://www.researchandmarkets.com/research/476tps/stadium_lighting?w=5

Media Contact:


Laura Wood, Senior Manager
press@researchandmarkets.com  

For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

Cision View original content:http://www.prnewswire.com/news-releases/stadium-lighting-worldwide-market-analysis--forecast-2018-2023-by-light-source-offering-solution-set-up-installation-type-and-geography-300693070.html

SOURCE Research and Markets

View Comments and Join the Discussion!