Stadium Lighting Market Size to Grow by USD 114.4 Million | Increase in Stadium Construction Globally to Boost Market Growth | 17,000+ Technavio Research Reports

NEW YORK, April 8, 2022 /PRNewswire/ — The “Stadium Lighting Market by Geography (APAC, Europe, North America, Middle East and Africa, and South America) – Forecast and Analysis 2022-2026” report has been added to Technavio’s offering. With ISO 9001:2015 certification, Technavio is proudly partnering with more than 100 Fortune 500 companies for over 16 years.

The potential growth difference for the stadium lighting market between 2021 and 2026 is USD 114.4 million, as per the latest market analysis report by Technavio. The report also identifies the market to witness an accelerating growth momentum at a CAGR of 4.75% during the forecast period.

To get the exact yearly growth variance and the Y-O-Y growth rate, Talk to our analyst.

Key Market Dynamics:

  • Market Driver: The increase in stadium construction globally is one of the key drivers supporting the stadium lighting market growth. The growing number of stadium construction and renovation is expected to increase the demand for stadium lighting. Moreover, stadium authorities are focusing more on the lighting amenity as it enhances the viewing experience in the stadium and provides sports broadcasters with high-quality visuals, particularly for slow-motion replays.
  • Market Challenge: The rise in environmental concerns related to stadium lights is one of the factors hindering the stadium lighting market growth. A surge in the utilization of energy resources is causing an increase in energy dissipation and carbon dioxide emission. Growing environmental concerns, such as global warming and ozone depletion, are resulting in governments across developed and developing nations imposing stringent regulations to limit carbon dioxide emissions.

To learn about additional key drivers, trends, and challenges available with TechnavioRead our FREE Sample Report!

Key Segment Highlights

The stadium lighting market report is segmented by source (HID, LED, and others) and geography (APAC, Europe, North America, Middle East and Africa, and South America).  

  • The HID segment held the largest stadium lighting market share in 2021. The segment will continue to account for the highest share throughout the forecast period. Due to the higher wattage of HID lights, the high energy output of these lights is more suitable for stadium lighting than other applications such as street lighting or car parking. Meanwhile, they have long warm-up and restrike periods. Such suitable factors of HID lights will drive market growth during the forecast period.
  • APAC will be the leading region with 42% of the market’s growth during the forecast period. China is the key market for the stadium lighting market in APAC. The growth in the number of stadium construction and renovation projects will fuel the regional growth during the forecast period.

View our sample report for additional insights into the contribution of all the segments, and regional opportunities in the report.

Some Companies Mentioned

    • Acuity Brands Inc.
    • Bajaj Electricals Ltd.
    • General Electric Co.
    • Hubbell Inc.
    • KCL Engineering
    • LG Electronics Inc.
    • Lutron Electronics Co. Inc.
    • Musco Sports Lighting LLC
    • OSRAM GmbH
    • Panasonic Corp.
    • Qualite Sports Lighting LLC
    • Signify NV
    • SMART Global Holdings Inc.
    • Techline Sports Lighting
    • Wipro Enterprises Ltd.
    • Zumtobel Group AG
  • To gain access to more vendor profiles with their key offerings available with Technavio, Click Here

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Stadium Lighting Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 4.75%

Market growth 2022-2026

$ 114.4 million

Market structure

Fragmented

YoY growth (%)

3.67

Regional analysis

APAC, Europe, North America, Middle East and Africa, and South America

Performing market contribution

APAC at 42%

Key consumer countries

US, Canada, China, UK, and Germany

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Acuity Brands Inc., Bajaj Electricals Ltd., General Electric Co., Hubbell Inc., KCL Engineering, LG Electronics Inc., Lutron Electronics Co. Inc., Musco Sports Lighting LLC, OSRAM GmbH, Panasonic Corp., Qualite Sports Lighting LLC, Signify NV, SMART Global Holdings Inc., Techline Sports Lighting, Wipro Enterprises Ltd., and Zumtobel Group AG

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Key Topics Covered:

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary – Chart on Market Overview
Exhibit 02: Executive Summary – Data Table on Market Overview
Exhibit 03: Executive Summary – Chart on Global Market Characteristics
Exhibit 04: Executive Summary – Chart on Market by Geography
Exhibit 05: Executive Summary – Chart on Market Segmentation by Source
Exhibit 06: Executive Summary – Chart on Incremental Growth
Exhibit 07: Executive Summary – Data Table on Incremental Growth
Exhibit 08: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape

2.1 Market ecosystem
Exhibit 09: Parent market
Exhibit 10: Market Characteristics
3 Market Sizing

3.1 Market definition
Exhibit 11: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 12: Market segments
3.3 Market size 2021
3.4 Market outlook: Forecast for 2021-2026
Exhibit 13: Chart on Global – Market size and forecast 2021-2026 ($ million)
Exhibit 14: Data Table on Global – Market size and forecast 2021-2026 ($ million)
Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)
4 Five Forces Analysis

4.1 Five forces summary
Exhibit 17: Five forces analysis – Comparison between2021 and 2026
4.2 Bargaining power of buyers
Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
4.3 Bargaining power of suppliers
Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
4.4 Threat of new entrants
Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
4.5 Threat of substitutes
Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
4.6 Threat of rivalry
Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
4.7 Market condition
Exhibit 23: Chart on Market condition – Five forces 2021 and 2026
5 Market Segmentation by Source

5.1 Market segments
Exhibit 24: Chart on Source – Market share 2021-2026 (%)
Exhibit 25: Data Table on Source – Market share 2021-2026 (%)
5.2 Comparison by Source
Exhibit 26: Chart on Comparison by Source
Exhibit 27: Data Table on Comparison by Source
5.3 HID – Market size and forecast 2021-2026
Exhibit 28: Chart on HID – Market size and forecast 2021-2026 ($ million)
Exhibit 29: Data Table on HID – Market size and forecast 2021-2026 ($ million)
Exhibit 30: Chart on HID – Year-over-year growth 2021-2026 (%)
Exhibit 31: Data Table on HID – Year-over-year growth 2021-2026 (%)
5.4 LED – Market size and forecast 2021-2026
Exhibit 32: Chart on LED – Market size and forecast 2021-2026 ($ million)
Exhibit 33: Data Table on LED – Market size and forecast 2021-2026 ($ million)
Exhibit 34: Chart on LED – Year-over-year growth 2021-2026 (%)
Exhibit 35: Data Table on LED – Year-over-year growth 2021-2026 (%)
5.5 Others – Market size and forecast 2021-2026
Exhibit 36: Chart on Others – Market size and forecast 2021-2026 ($ million)
Exhibit 37: Data Table on Others – Market size and forecast 2021-2026 ($ million)
Exhibit 38: Chart on Others – Year-over-year growth 2021-2026 (%)
Exhibit 39: Data Table on Others – Year-over-year growth 2021-2026 (%)
5.6 Market opportunity by Source
Exhibit 40: Market opportunity by Source ($ million)
6 Customer Landscape

6.1 Customer landscape overview
Exhibit 41: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
7 Geographic Landscape

7.1 Geographic segmentation
Exhibit 42: Chart on Market share by geography 2021-2026 (%)
Exhibit 43: Data Table on Market share by geography 2021-2026 (%)
7.2 Geographic comparison
Exhibit 44: Chart on Geographic comparison
Exhibit 45: Data Table on Geographic comparison
7.3 APAC – Market size and forecast 2021-2026
Exhibit 46: Chart on APAC – Market size and forecast 2021-2026 ($ million)
Exhibit 47: Data Table on APAC – Market size and forecast 2021-2026 ($ million)
Exhibit 48: Chart on APAC – Year-over-year growth 2021-2026 (%)
Exhibit 49: Data Table on APAC – Year-over-year growth 2021-2026 (%)
7.4 Europe – Market size and forecast 2021-2026
Exhibit 50: Chart on Europe – Market size and forecast 2021-2026 ($ million)
Exhibit 51: Data Table on Europe – Market size and forecast 2021-2026 ($ million)
Exhibit 52: Chart on Europe – Year-over-year growth 2021-2026 (%)
Exhibit 53: Data Table on Europe – Year-over-year growth 2021-2026 (%)
7.5 North America – Market size and forecast 2021-2026
Exhibit 54: Chart on North America – Market size and forecast 2021-2026 ($ million)
Exhibit 55: Data Table on North America – Market size and forecast 2021-2026 ($ million)
Exhibit 56: Chart on North America – Year-over-year growth 2021-2026 (%)
Exhibit 57: Data Table on North America – Year-over-year growth 2021-2026 (%)
7.6 Middle East and Africa – Market size and forecast 2021-2026
Exhibit 58: Chart on Middle East and Africa – Market size and forecast 2021-2026 ($ million)
Exhibit 59: Data Table on Middle East and Africa – Market size and forecast 2021-2026 ($ million)
Exhibit 60: Chart on Middle East and Africa – Year-over-year growth 2021-2026 (%)
Exhibit 61: Data Table on Middle East and Africa – Year-over-year growth 2021-2026 (%)
7.7 South America – Market size and forecast 2021-2026
Exhibit 62: Chart on South America – Market size and forecast 2021-2026 ($ million)
Exhibit 63: Data Table on South America – Market size and forecast 2021-2026 ($ million)
Exhibit 64: Chart on South America – Year-over-year growth 2021-2026 (%)
Exhibit 65: Data Table on South America – Year-over-year growth 2021-2026 (%)
7.8 US – Market size and forecast 2021-2026
Exhibit 66: Chart on US – Market size and forecast 2021-2026 ($ million)
Exhibit 67: Data Table on US – Market size and forecast 2021-2026 ($ million)
Exhibit 68: Chart on US – Year-over-year growth 2021-2026 (%)
Exhibit 69: Data Table on US – Year-over-year growth 2021-2026 (%)
7.9 China – Market size and forecast 2021-2026
Exhibit 70: Chart on China – Market size and forecast 2021-2026 ($ million)
Exhibit 71: Data Table on China – Market size and forecast 2021-2026 ($ million)
Exhibit 72: Chart on China – Year-over-year growth 2021-2026 (%)
Exhibit 73: Data Table on China – Year-over-year growth 2021-2026 (%)
7.10 UK – Market size and forecast 2021-2026
Exhibit 74: Chart on UK – Market size and forecast 2021-2026 ($ million)
Exhibit 75: Data Table on UK – Market size and forecast 2021-2026 ($ million)
Exhibit 76: Chart on UK – Year-over-year growth 2021-2026 (%)
Exhibit 77: Data Table on UK – Year-over-year growth 2021-2026 (%)
7.11 Canada – Market size and forecast 2021-2026
Exhibit 78: Chart on Canada – Market size and forecast 2021-2026 ($ million)
Exhibit 79: Data Table on Canada – Market size and forecast 2021-2026 ($ million)
Exhibit 80: Chart on Canada – Year-over-year growth 2021-2026 (%)
Exhibit 81: Data Table on Canada – Year-over-year growth 2021-2026 (%)
7.12 Germany – Market size and forecast 2021-2026
Exhibit 82: Chart on Germany – Market size and forecast 2021-2026 ($ million)
Exhibit 83: Data Table on Germany – Market size and forecast 2021-2026 ($ million)
Exhibit 84: Chart on Germany – Year-over-year growth 2021-2026 (%)
Exhibit 85: Data Table on Germany – Year-over-year growth 2021-2026 (%)
7.13 Market opportunity by geography
Exhibit 86: Market opportunity by geography ($ million)
8 Drivers, Challenges, and Trends

8.1 Market drivers
8.2 Market challenges
8.3 Impact of drivers and challenges
Exhibit 87: Impact of drivers and challenges in 2021 and 2026
8.4 Market trends
9 Vendor Landscape

9.1 Overview
9.2 Vendor landscape
Exhibit 88: Overview on Criticality of inputs and Factors of differentiation
9.3 Landscape disruption
Exhibit 89: Overview on factors of disruption
9.4 Industry risks
Exhibit 90: Impact of key risks on business
10 Vendor Analysis

10.1 Vendors covered
Exhibit 91: Vendors covered
10.2 Market positioning of vendors
Exhibit 92: Matrix on vendor position and classification
10.3 Acuity Brands Inc.
Exhibit 93: Acuity Brands Inc. – Overview
Exhibit 94: Acuity Brands Inc. – Business segments
Exhibit 95: Acuity Brands Inc. – Key news
Exhibit 96: Acuity Brands Inc. – Key offerings
Exhibit 97: Acuity Brands Inc. – Segment focus
10.4 Bajaj Electricals Ltd.
Exhibit 98: Bajaj Electricals Ltd. – Overview
Exhibit 99: Bajaj Electricals Ltd. – Business segments
Exhibit 100: Bajaj Electricals Ltd. – Key news
Exhibit 101: Bajaj Electricals Ltd. – Key offerings
Exhibit 102: Bajaj Electricals Ltd. – Segment focus
10.5 General Electric Co.
Exhibit 103: General Electric Co. – Overview
Exhibit 104: General Electric Co. – Business segments
Exhibit 105: General Electric Co. – Key news
Exhibit 106: General Electric Co. – Key offerings
Exhibit 107: General Electric Co. – Segment focus
10.6 Hubbell Inc.
Exhibit 108: Hubbell Inc. – Overview
Exhibit 109: Hubbell Inc. – Business segments
Exhibit 110: Hubbell Inc. – Key offerings
Exhibit 111: Hubbell Inc. – Segment focus
10.7 Lutron Electronics Co. Inc.
Exhibit 112: Lutron Electronics Co. Inc. – Overview
Exhibit 113: Lutron Electronics Co. Inc. – Product / Service
Exhibit 114: Lutron Electronics Co. Inc. – Key offerings
10.8 Musco Sports Lighting LLC
Exhibit 115: Musco Sports Lighting LLC – Overview
Exhibit 116: Musco Sports Lighting LLC – Business segments
Exhibit 117: Musco Sports Lighting LLC – Key offerings
Exhibit 118: Musco Sports Lighting LLC – Segment focus
10.9 Panasonic Corp.
Exhibit 119: Panasonic Corp. – Overview
Exhibit 120: Panasonic Corp. – Business segments
Exhibit 121: Panasonic Corp. – Key offerings
Exhibit 122: Panasonic Corp. – Segment focus
10.10 Qualite Sports Lighting LLC
Exhibit 123: Qualite Sports Lighting LLC – Overview
Exhibit 124: Qualite Sports Lighting LLC – Business segments
Exhibit 125: Qualite Sports Lighting LLC – Key offerings
Exhibit 126: Qualite Sports Lighting LLC – Segment focus
10.11 Signify NV
Exhibit 127: Signify NV – Overview
Exhibit 128: Signify NV – Business segments
Exhibit 129: Signify NV – Key news
Exhibit 130: Signify NV – Key offerings
Exhibit 131: Signify NV – Segment focus
10.12 SMART Global Holdings Inc.
Exhibit 132: SMART Global Holdings Inc. – Overview
Exhibit 133: SMART Global Holdings Inc. – Business segments
Exhibit 134: SMART Global Holdings Inc. – Key news
Exhibit 135: SMART Global Holdings Inc. – Key offerings
Exhibit 136: SMART Global Holdings Inc. – Segment focus
11 Appendix

11.1 Scope of the report
11.2 Inclusions and exclusions checklist
Exhibit 137: Inclusions checklist
Exhibit 138: Exclusions checklist
11.3 Currency conversion rates for US$
Exhibit 139: Currency conversion rates for US$
11.4 Research methodology
Exhibit 140: Research methodology
Exhibit 141: Validation techniques employed for market sizing
Exhibit 142: Information sources
11.5 List of abbreviations
Exhibit 143: List of abbreviations

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Stadium Lighting Market Size to Grow by USD 114.4 Million | Increase in Stadium Construction Globally to Boost Market Growth | 17,000+ Technavio Research Reports WeeklyReviewer

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