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
The stadium lighting market was valued at USD 392.0 million in 2017 and is expected to reach USD 622.2 million by 2023, at a CAGR of 7.57% during the forecast period. The base year considered for the study is 2017, and the forecast period is between 2018 and 2023.
The main objectives of this study are as follows:
- To define, describe, segment, and forecast the global market, in terms of value, based on light source, offering, solution set-up, installation type, and geography
- To provide a detailed value chain analysis, along with the technology and market roadmap, pertaining to the market
- To provide detailed information regarding the major factors influencing the growth of the market (drivers, restraints, opportunities, challenges)
The research methodology used to estimate and forecast the stadium lighting market size begins with obtaining data on key vendor revenues and sales volume. A few organizations associated with the market include IEEE Standards Association and Industrial Lighting and International Association of Lighting Designers, among others. Vendor offerings have been taken into consideration to determine market segmentation. The top-down procedure was employed to arrisve at the overall size of the market. After arriving at the overall market size, the total market was split into several segments and subsegments, which was then verified through primary research by conducting extensive interviews with key industry experts, such as CEOs, VPs, directors, and executives. The data triangulation and market breakdown procedures were employed to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments.
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The stadium lighting ecosystem comprises many entities, from component manufacturers to technology providers. Major players in this market include Philips Lighting (Netherlands), Musco Sports Lighting (US), Eaton (Ireland), Cree (US), Zumtobel Group (Austria), Acuity Brands (US), Hubbell (US), LG Electronics (South Korea), General Electric (US), and Panasonic (Japan).
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|
Report Metric |
Details |
|
Report Name |
Stadium Lighting Market |
|
Base year |
2017 |
|
Forecast period |
20182023 |
|
Units |
Value (USD) |
|
Segments covered |
Type, End User, Offerings, and Region |
|
Geographic regions covered |
North America, APAC, Europe, and RoW |
|
Companies covered |
Philips Lighting (Netherlands), Musco Sports Lighting (US), Eaton (Ireland), Cree (US), Zumtobel Group (Austria), Acuity Brands (US), Hubbell (US), LG Electronics (South Korea), General Electric (US), and Panasonic (Japan) |
Product Launches & Developments
|
Month & Year |
Company Name |
Developments |
|
November 2017 |
Cree |
Cree announces the launch of KBL LED High-Bay Series, which is a perfect solution for industrial, retail, civic, and athletic venues with dramatically reduced glare for a safer, more productive work environment. |
|
May 2017 |
Philips Lighting |
Philips Lighting announces the launch of Philips PerfectPlay, the first integrated, connected LED lighting system designed for recreational sports fields. It enables recreational sports centers to reduce energy costs, simplify operations, and maximize revenue potential, while providing better quality lighting for sportsmen and women. |
Partnerships, Agreements, Joint Ventures, & Collaborations
|
Month & Year |
Company Name |
Developments |
|
January 2018 |
Philips Lighting |
Philips Lighting signs an agreement to install its ArenaVision floodlighting in four South Korean stadiums to be used for ski, snowboard, hockey, skating, and short track. The stadiums that will deploy the lighting are the Phoenix Snow Stadium, the Gangneung and Gwandong Hockey Centers, and the Gangneung Ice Arena. |
|
September 2017 |
Zumtobel Group |
Zumtobel Group signs a contract to install light tubes at the WWK Arena in Augsburg (Germany). Light tube is a special luminaire that is integrated into the unique faηade structure, making it an architectural highlight. |
Target Audience:
- Original device manufacturers (ODMs)
- System integrators
- Stadium lighting original equipment manufacturers (OEMs)
- Raw material suppliers
- Assembly and packaging vendors
- Technical universities
- Government research agencies and private research organizations
- Research institutes and organizations
- Market research and consulting firms
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In this research report, the stadium lighting market has been segmented by light source, offering, solution set-up, installation type, and geography.
Stadium Lighting Market, by Light Source
- LED
- Others [HID (High-Intensity Discharge), HPS (High-Pressure Sodium), and Induction Lights]
Stadium Lighting Market, by Offering
- Lamps & Luminaires
- Control Systems
- Services
Stadium Lighting Market, by Solution Set-Up
- Indoor
- Outdoor
Stadium Lighting Market, by Installation Type
- New Installation
- Retrofit Installation
Stadium Lighting Market, by Geography
- North America
- Europe
- APAC
- RoW
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With the given market data, MarketsandMarkets offers customizations according to the companys specific needs. The following customization options are available for the report:
Company Information
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The stadium lighting market is expected to be valued at USD 432.0 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.
The report covers the analysis and forecast of the 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 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.
High costs of equipment and lack of standardization are the major factors restraining the growth of the stadium lighting market. Some of the major players operating in the market are Philips Lighting (Netherlands), Musco Sports Lighting (US), Eaton (Ireland), Cree (US), Zumtobel Group (Austria), Acuity Brands (US), Hubbell (US), LG Electronics (South Korea), General Electric (US), and Panasonic (Japan)). These players have adopted various strategies, such as product launches and developments, contracts, acquisitions, partnerships, and business expansions, to grow in the market.
Drivers
Upcoming national and international sports events
Rugby World Cup 2019 in Japan, Super Bowl LII 2018 in the US, and Olympic Games 2020 in Japan are undoubtedly the most eagerly awaited sporting events worldwide. These events have a wider economic impact on the stadium lighting business. The upcoming sports events at both national and international level are not only expected to drive the growth of the market, but are also likely to increase the footfalls of fans and revenues of stadiums. As teams are focused on enhancing the experiences of fans, they are increasingly opting for venues that offer better lighting systems.
Enhancing experiences of fans using LEDs
Many facility operators from the sports industry are gradually shifting from old fashion metal halide lighting to LED lighting. LEDs help in eliminating shadows, dark spots, and hotspots on playing surfaces, and glares in the eyes of players. In addition, high-definition broadcasters prefer LEDs as they provide flicker-free high-quality visuals important for slow-motion replays. These also greatly reduce lighting maintenance because of the products longevity. LED lighting ensures uniform lighting without unevenness so that athletes can concentrate on performing at their best. Event organizers can also achieve various stage effects with instantaneous lighting and dimming.
Opportunities
Adoption of IoT
The evolution of IoT has enabled the exchange of information among different electronic devices without the need for human intervention. The convergence of IoT with lighting systems is expected to improve the infrastructural capabilities of stadiums. This will allow lighting systems to be more self-governing and intelligent in terms of sharing data with building automation systems and the cloud. The cloud provides a convenient administrative user interface and opens up opportunity to use Big Data and analytics. Data analytics will allow stadium operators to deal with changing conditions, such as weather, traffic, and parking, among others, as well as to modernize building management systems, such as controlling lighting and heating. For example, IoT, through embedded sensors and data, can enable automatic light adjustment throughout stadiums based on the occupancy of seats, thus saving energy and operating costs. The adoption of IoT for lighting stadiums and arenas is still at its nascent stage, but the viability of this solution is promising.
Implementation of green initiatives
Increasing use of energy sources is resulting in the rising level of energy dissipation and carbon emissions, which demand for sustainable and efficient use of energy. Electricity generation accounts for almost one-fourth of carbon dioxide emissions. Rising concerns over global warming and ozone depletion have accelerated the efforts by the governments of developed and developing nations to control their carbon footprint. Governments worldwide are imposing stricter regulations to limit emissions. For example, in 2001, Environmental Protection Agency (EPA) launched the Green Power Partnership to increase the use of renewable electricity in the US.
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Table of Contents
1 Introduction (Page No. - 15)
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 (Page No. - 18)
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 (Page No. - 28)
4 Premium Insights (Page No. - 32)
4.1 Attractive Growth Opportunities in Stadium Lighting Market
4.2 Stadium Lighting Market, By Light Source
4.3 Market in RoW
4.4 Stadium Lighting Market, By Installation Type
4.5 Market, By Region
5 Market Overview (Page No. - 35)
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 (Page No. - 40)
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 (Page No. - 45)
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 (Page No. - 51)
8.1 Introduction
8.2 LED
8.3 Others
9 Market, By Solution Set-Up (Page No. - 57)
9.1 Introduction
9.2 Indoor Set-Ups
9.3 Outdoor Set-Ups
10 Market, By Installation Type (Page No. - 63)
10.1 Introduction
10.2 New Installation
10.3 Retrofit Installation
11 Geographic Analysis (Page No. - 68)
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 (Page No. - 94)
12.1 Introduction
12.2 Ranking Analysis of Players in Market
12.3 Competitive Scenario
12.3.1 Product Launches & Developments
12.3.2 Partnerships, Agreements, Joint Ventures, & Collaborations
13 Company Profile (Page No. - 99)
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, and MnM View)*
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
*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, and MnM View Might Not Be Captured in Case of Unlisted Companies.
14 Appendix (Page No. - 131)
14.1 Discussion Guide
14.2 Knowledge Store: Marketsandmarkets Subscription Portal
14.3 Available Customizations
14.4 Related Reports
14.5 Author Details
List of Tables (60 Tables)
Table 1 Stadium Lighting Market, By Offering, 20152023 (USD Million)
Table 2 Stadium Lighting Market for Lamps & Luminaires, 20152023 (In Terms of Value and Volume)
Table 3 Market for Lamps & Luminaires, By Region, 20152023 (USD Million)
Table 4 Market for Control Systems, By Region, 20152023 (USD Million)
Table 5 Market for Services, By Region, 20152023 (USD Million)
Table 6 Market, By Light Source, 20152023 (USD Million)
Table 7 Market Market for LED, By Solution Set-Up, 20152023 (USD Million)
Table 8 Market for LED, By Geography, 20152023 (USD Million)
Table 9 Market for Others, By Solution Set-Up, 20152023 (USD Million)
Table 10 Market for Others, By Region, 20152023 (USD Million)
Table 11 Market, By Solution Set-Up, 20152023 (USD Million)
Table 12 Stadium Lighting Market for Indoor Set-Ups, By Light Source, 20152023 (USD Million)
Table 13 Market for Indoor Set-Ups, By Installation Type, 20152023 (USD Million)
Table 14 Market for Indoor Set-Ups, By Region, 20152023 (USD Million)
Table 15 Market for Outdoor Set-Ups, By Light Source, 20152023 (USD Million)
Table 16 Market for Outdoor Set-Ups, By Installation Type, 20152023 (USD Million)
Table 17 Market for Outdoor Set-Ups, By Region, 20152023 (USD Million)
Table 18 Market, By Installation Type, 20152023 (USD Million)
Table 19 Market for New Installation, By Solution Set-Up, 20152023 (USD Million)
Table 20 Market for New Installation, By Region, 20152023 (USD Million)
Table 21 Market for Retrofit Installation, By Solution Set-Up, 20152023 (USD Million)
Table 22 Market for Retrofit Installation, By Region, 20152023 (USD Million)
Table 23 Market, By Region, 20152023 (USD Million)
Table 24 Market in North America, By Country, 20152023 (USD Million)
Table 25 Market in North America, By Light Source, 20152023 (USD Million)
Table 26 Market in North America, By Offering, 20152023 (USD Million)
Table 27 Market in North America, By Solution Set-Up, 20152023 (USD Million)
Table 28 Market in North America, By Installation Type, 20152023 (USD Million)
Table 29 Stadium Lighting Market in Us, By Solution Set-Up, 20152023 (USD Million)
Table 30 Market in Canada, By Solution Set-Up, 20152023 (USD Million)
Table 31 Market in Mexico, By Solution Set-Up, 20152023 (USD Million)
Table 32 Market in Europe, By Country, 20152023 (USD Million)
Table 33 Market in Europe, By Light Source, 20152023 (USD Million)
Table 34 Market in Europe, By Offering, 20152023 (USD Million)
Table 35 Market in Europe, By Solution Set-Up, 20152023 (USD Million)
Table 36 Market in Europe, By Installation Type, 20152023 (USD Million)
Table 37 Market in Uk, By Solution Set-Up, 20152023 (USD Million)
Table 38 Market in Germany, By Solution Set-Up, 20152023 (USD Million)
Table 39 Market in France, By Solution Set-Up, 20152023 (USD Million)
Table 40 Market in Spain, By Solution Set-Up, 20152023 (USD Million)
Table 41 Market in Rest of Europe, By Solution Set-Up, 20152023 (USD Million)
Table 42 Market in APAC, By Country, 20152023 (USD Million)
Table 43 Market in APAC, By Light Source, 20152023 (USD Million)
Table 44 Market in APAC, By Offering, 20152023 (USD Million)
Table 45 Stadium Lighting Market in APAC, By Solution Set-Up, 20152023 (USD Million)
Table 46 Market in APAC, By Installation Type, 20152023 (USD Million)
Table 47 Stadium Lighting Market in China, By Solution Set-Up, 20152023 (USD Million)
Table 48 Market in Japan, By Solution Set-Up, 20152023 (USD Million)
Table 49 Market in South Korea, By Solution Set-Up, 20152023 (USD Million)
Table 50 Market in Australia, By Solution Set-Up, 20152023 (USD Million)
Table 51 Market in Rest of APAC, By Solution Set-Up, 20152023 (USD Million)
Table 52 Market in RoW, By Region, 20152023 (USD Million)
Table 53 Market in RoW, By Light Source, 20152023 (USD Million)
Table 54 Market in RoW, By Offering, 20152023 (USD Million)
Table 55 Market in RoW, By Solution Set-Up, 20152023 (USD Million)
Table 56 Market in RoW, By Installation Type, 20152023 (USD Million)
Table 57 Market in Middle East, By Solution Set-Up, 20152023 (USD Million)
Table 58 Market in Africa, By Solution Set-Up, 20152023 (USD Million)
Table 59 Market in South America, By Solution Set-Up, 20152023 (USD Million)
Table 60 Ranking of Players in Market, 2017
List of Figures (51 Figures)
Figure 1 Stadium Lighting Market: Research Design
Figure 2 Bottom-Up Approach
Figure 3 Top-Down Approach
Figure 4 Data Triangulation Methodology
Figure 5 Market, 20152023
Figure 6 Market for LED to Grow at Higher CAGR During Forecast Period
Figure 7 Lamps & Luminaires to Hold Largest Size of Market Throughout Forecast Period
Figure 8 Outdoor Set-Ups to Hold Larger Size of Market in 2018
Figure 9 Europe to Hold Largest Share of Market in 2018
Figure 10 Market in RoW to Grow at the Highest Rate During the Forecast Period
Figure 11 Market for LED to Grow at Higher CAGR During Forecast Period
Figure 12 Outdoor Set-Ups to Hold Larger Share of Market in RoW in 2018
Figure 13 Market for Retrofit Installations to Grow at Higher CAGR During Forecast Period
Figure 14 US to Hold Largest Share of Market in 2018
Figure 15 Increasing Use of LEDs for Enhancing Experiences of Fans to Boost Market Growth
Figure 16 Reduction in LED Prices
Figure 17 Market: Value Chain Analysis
Figure 18 Market, By Offering
Figure 19 Lamps & Luminaires to Hold Largest Size of Market in 2018
Figure 20 Europe to Hold Largest Size of Market for Control Systems in 2018
Figure 21 Types of Services
Figure 22 Market, By Light Source
Figure 23 LED to Dominate Market During Forecast Period
Figure 24 Europe to Hold Largest Size of Market for LED in 2018
Figure 25 Europe to Hold Largest Size of Market for Other Light Sources in 2018
Figure 26 Market, By Solution Set-Up
Figure 27 Outdoor Set-Ups to Hold Larger Size of Market in 2018
Figure 28 Retrofit Installations to Lead Market for Indoor Set-Ups Throughout Forecast Period
Figure 29 Market, By Installation Type
Figure 30 Retrofit Installation to Hold Larger Size of the Market in 2018
Figure 31 Market for New Installation for Outdoor Set-Up to Grow at Higher CAGR During Forecast Period
Figure 32 Market, By Region
Figure 33 Geographic Snapshot of Market
Figure 34 Market in North America
Figure 35 Snapshot of Market in North America
Figure 36 Market in Europe
Figure 37 Snapshot of Market in Europe
Figure 38 Market in APAC
Figure 39 Snapshot of Market in APAC
Figure 40 Market in RoW
Figure 41 Companies Adopted Contracts, Agreements, and Partnerships as Key Growth Strategies
Figure 42 Market Evaluation Framework: Contracts, Agreements, and Partnerships Fueled Growth and Innovation Between 2015 and 2017
Figure 43 Philips Lighting: Company Snapshot
Figure 44 Eaton: Company Snapshot
Figure 45 Cree: Company Snapshot
Figure 46 Zumtobel Group: Company Snapshot
Figure 47 Acuity Brands: Company Snapshot
Figure 48 Hubbell: Company Snapshot
Figure 49 LG Electronics: Company Snapshot
Figure 50 General Electric: Company Snapshot
Figure 51 Panasonic: Company Snapshot
Growth opportunities and latent adjacency in Stadium Lighting Market