Fr. Mrz 29th, 2024

According to a new market research report published by Credence Research “Stadium Lighting Market (Light Source – LED, HID and Induction Lights; Offering – Lamps & Luminaires, Control Systems and Services; Application – Outdoor and Indoor) Market – Growth, Future Prospects and Competitive Analysis, 2018 – 2026”, the global stadium lighting market was valued at US$ 465.7 Mn in 2017 and will be growing at a CAGR of 8.4% during the forecast period from 2018 to 2026.

Browse the full report at  https://www.credenceresearch.com/report/stadium-lighting-market

Market Insights 

The stadium lighting market was valued at US$ 465.7 Mn in 2017 and expected to grow at a compounded annual growth rate (CAGR) of 8.4% during the forecast period from 2018 to 2026. Replacement of traditional stadium lights with LED lights is one of the most common factors complimenting the growth of the market. Stadiums across the world in an urge to switch to energy efficient solution are increasingly adopting LED lights. Declining cost of LED lights is another prominent factor leading to its increasing application in stadium lighting.

When compared to metal halide lights, LED lights turn on immediately and at the same time offers a more vibrant stadium experience for the fans. The demand for stadium lights is largely dependent on construction of new stadiums and recently many new stadiums have been constructed to host national and international sports events. This trend is expected to continue in the coming years, thereby positively influencing the stadium lighting market growth. Furthermore, in coming years, the adoption of IoT in the field of stadium lighting expected to witness a growth on account of the numerous benefit it offers pertaining to improvements in a stadium’s infrastructural capabilities. For instance, recently, IoT-connected sports lighting was installed in the training ground of Sparta ’25, Netherlands.

Download Free brochure of research report with TOC and Figures @  https://www.credenceresearch.com/sample-request/59310

Europe owing to the presence of a large number of sports stadiums and its openness to embrace the latest of stadium lighting technologies are important factors which have enabled it to become the largest market for stadium lighting in terms of value. However, in the coming years, Asia Pacific and The Middle East & Africa expected to emerge as important markets for stadium lighting and would remain key markets for future investments. In recent years, both the regions have witnessed a significant growth in the number of new stadiums being constructed. Moreover, in order to host national and international sport events, stadiums in the region are focusing on modernization of stadiums and its lightings.

Some of the major players operating in the stadium lighting market include Philips Lighting, Musco Sports Lighting, Eaton, Cree, Zumtobel Group, Acuity Brands, Hubbell, LG Electronics, General Electric and Panasonic among others. These players in order to address the increasing competition, are engaging in entering into partnerships with sports bodies to supply lighting components and sometimes even services.

TOC:

Chapter 3 Market Dynamics
3.1 Market Overview
3.1.1 Global Stadium Lighting Market Value, 2016 – 2026, (US$ Mn)
3.2 Market Drivers
3.3 Market Restraints
3.3.1 Impact Analysis of Drivers and Restraints
3.4 Key Market Trends and Future Outlook
3.5 Attractive Investment Proposition, By Geography
3.6 Competitive Analysis
3.6.1 Market Positioning of Key Vendors
3.6.2 Key Strategies Adopted by the Leading Players

Download Free brochure of research report with TOC and Figures @  https://www.credenceresearch.com/sample-request/59310

Chapter 4 Global Stadium Lighting Market Analysis, By Light Source, 2016 – 2026
4.1 Market Analysis
4.2 LED (Light-emitting Diode)
4.3 HID (High-intensity Discharge)
4.4 Induction Lights

Chapter 5 Global Stadium Lighting Market Analysis, By Offering, 2016 – 2026
5.1 Market Analysis
5.2 Lamps & Luminaires
5.3 Control Systems
5.4 Services

Chapter 6 Global Stadium Lighting Market Analysis, By Application, 2016 – 2026
6.1 Market Analysis
6.2 Outdoor
6.3 Indoor

Chapter 7 North America Stadium Lighting Market Analysis, 2016 – 2026
7.1 Overview
7.2 North America Stadium Lighting Market Analysis, By Light Source, 2016 – 2026
7.2.1 Market Analysis
7.3 North America Stadium Lighting Market Analysis, By Offering, 2016 – 2026
7.3.1 Market Analysis
7.4 North America Stadium Lighting Market Analysis, By Application, 2016 – 2026
7.4.1 Market Analysis
7.5 North America Stadium Lighting Market Analysis, By Country, 2016 – 2026
7.5.1 U.S.
7.5.2 Canada

Chapter 11 Company Profiles
11.1 Philips Lighting
11.2 Musco Sports Lighting
11.3 Eaton
11.4 Cree
11.5 Zumtobel Group
11.6 Acuity Brands
11.7 Hubbell
11.8 LG Electronics
11.9 General Electric
11.10 Panasonic

About Us:

Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.

Contact:

Credence Research Inc

Name: Chris Smith (

Charlie Gefen
Credence Research Inc

gefen.c@credenceresearch.net

https://www.credenceresearch.com

Pressemitteilung teilen:

Schreibe einen Kommentar