Global Stadium Lighting Market 2024-2028
The stadium lighting market is forecasted to grow by USD 224.38 mn during 2023-2028, accelerating at a CAGR of 7.8% during the forecast period. The report on the stadium lighting market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growth in sports events globally, increase in stadium construction globally, and increasing demand for sustainable lighting.
Technavio's stadium lighting market is segmented as below:
By Source
By Type
- Retrofit installation
- New installation
By Geographical Landscape
- APAC
- Europe
- North America
- Middle East and Africa
- South America
This study identifies the increase in the adoption of LED stadium lighting as one of the prime reasons driving the stadium lighting market growth during the next few years. Also, the emergence of smart stadium lighting control systems and rise in the adoption of intelligent lighting will lead to sizable demand in the market.
The report on the stadium lighting market covers the following areas:
- Stadium lighting market sizing
- Stadium lighting market forecast
- Stadium lighting market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading stadium lighting market vendors that include Acuity Brands Inc., ams OSRAM AG, Bajaj Electricals Ltd., Canara Lighting Industries Pvt. Ltd., Eaton Corp. Plc, Fagerhult Group, Glamox Group, GS LIGHT, Hubbell Inc., KCL Engineering, Musco Sports Lighting LLC, Nila Inc., Panasonic Holdings Corp., Qualite Sports Lighting LLC, Savant Systems Inc., Signify NV, SMART Global Holdings Inc., Techline Sports Lighting, Wipro Ltd., and Zumtobel Group AG. Also, the stadium lighting market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.