Global Stadium Lighting Industry

Global Stadium Lighting Industry

  • October 2019 •
  • 251 pages •
  • Report ID: 5799712 •
  • Format: PDF
Stadium Lighting market worldwide is projected to grow by US$270.6 Million, driven by a compounded growth of 7.3%. LED, one of the segments analyzed and sized in this study, displays the potential to grow at over 8.1%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$545.7 Million by the year 2025, LED will bring in healthy gains adding significant momentum to global growth.

- Representing the developed world, the United States will maintain a 6.1% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$9.4 Million to the region’s size and clout in the next 5 to 6 years. Over US$8 Million worth of projected demand in the region will come from Rest of Europe markets. In Japan, LED will reach a market size of US$28.5 Million by the close of the analysis period. As the world’s second largest economy and the new game changer in global markets, China exhibits the potential to grow at 11% over the next couple of years and add approximately US$76.7 Million in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders. Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific, Latin America and the Middle East. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.

- Competitors identified in this market include, among others, Acuity Brands Lighting Inc.; Cree, Inc.; Eaton Corporation PLC; General Electric Company; Hubbell, Inc.; Jasstech; KCL Engineering; LG Electronics, Inc.; Lumosa Led Lighting; Musco Sports Lighting, LLC.; Nila Sports; Panasonic Corporation; Philips Lighting; Qualite Sports Lighting, LLC.; Ramus Illumination Pty Ltd.; Sportsbeams Lighting, Inc.; Techline Sports Lighting; USAve Led; Valmont Industries, Inc.; Zumtobel Group AG