Latest News

Back to Latest News back

 

LED innovations set to grow global stadium lighting market to a value of US$622.2 million by 2023

LED innovations set to grow global stadium lighting market to a value of US$622.2 million by 2023
August 10, 2018

With sport stadiums around the world replacing old lighting systems with LEDs, a new report suggests that the global stadium lighting market, currently valued at US$432 million in 2018, is likely to reach US$622.2 million by 2023.

The newly released Stadium Lighting Market - Global Forecast to 2023 report suggests that with LED lighting lowering venue’s energy consumption and providing better quality light compared with traditional technology, the market will grow at a compound annual growth rate of 7.57% over the five year period.

The report also suggests that new and retrofitted LED lighting in stadia is also helping to 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 players' eyes.

It explains “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.

“High-quality lights are required in outdoor set-ups for uniformity, visual comfort, and limiting obtrusive light. These lights are also required for games in which players are expected to react quickly to small but fast-moving balls.”

The report also suggests that venues in the the Arabian Gulf will be key to the growth of the stadium lighting market, advising “Qatar is likely to offer growth opportunities for stadium lighting solution providers, as the country will host the FIFA World Cup in 2022.

“Furthermore, Saudi Arabia, Bahrain, and the UAE are also showing interest in hosting major sports events. These events are expected to attract technology providers for the deployment of advanced stadium lighting solutions in the Middle East region.

“Dubai has developed high-quality sports venues that are capable of hosting a wide range of sport activities. Dubai Sports City's cricket stadium has been recently installed with 365 floodlights, which are likely to create ideal playing conditions.

“Sporting events such as 2019 Copa América (Brazil) and 2018 Summer Youth Olympics (Argentina) are expected to contribute to the growth of the stadium lighting market in South America.”

It cites the major players operating in the stadium lighting market as Philips Lighting (Netherlands), Musco Sports Lighting (US), Eaton (Ireland), Cree (USA), Zumtobel Group (Austria), Acuity Brands (USA), Hubbell (USA), LG Electronics (South Korea), General Electric (USA) and Panasonic (Japan).

Click here for more information on the Stadium Lighting Market - Global Forecast to 2023 report.

Click here to view sport lighting suppliers in the in the Australasian Leisure Management Supplier Directory. 

Related Articles

22nd March 2018 - Gerard Lighting Group illuminates Melbourne’s South Belgrave Oval

2nd February 2018 - Philips Lighting illuminates PyeongChang Winter Olympics venues

12th October 2017 - FIH releases new hockey lighting standards

15th August 2017 - LED lighting system live at Mt Smart Stadium

13th June 2017 - Empyrean Lighting illuminates USC Stadium

1st February 2017 - Perth Stadium to shine with 15,000 LED lights

26th January 2017 - Qatar aims to deliver ‘ultimate fan experience’ for 2022 FIFA World Cup

29th September 2016 - Jasstech LED sport lighting installations illuminates Ipswich sport fields

12th May 2015 - Musco LED solutions light up sports venues around the world

18th August 2014 - Latest lighting technology to enhance New Zealand stadiums

8th April 2014 - New lighting aids home-ground advantage at Brisbane’s Suncorp Stadium

29th January 2014 - New lighting unveiled at Aurora Stadium

17th September 2012 - Sport and Recreation Victoria releases Community Sporting Facility Lighting Guide

26th June 2013 - Urban design award for Manuka Oval’s sport lighting

23rd April 2009 - Cricket Stadium Opens at Dubai Sports City


Asking a small favour
We hope that you value the news that we publish so while you're here can we ask for your support?

The news we publish at www.ausleisure.com.au is independent, credible (we hope) and free for you to access, with no pay walls and no annoying pop-up ads.

However, as an independent publisher, can we ask for you to support us by subscribing to the printed Australasian Leisure Management magazine - if you don't already do so.

Published bi-monthly since 1997, the printed Australasian Leisure Management differs from this website in that it publishes longer, in-depth and analytical features covering aquatics, attractions, entertainment, events, fitness, parks, recreation, sport, tourism and venues management.

Subscriptions cost just $90 a year.

Click here to subscribe.

 

supplier directory

The Complete Guide to Leisure Industry Products & Services.

See the directory see all

LANDER & ROGERS

Lander & Rogers' Sports Business Group is the leading sports law practice in Australia, representing over 150 national and international sporting bodies. Our clients include international…

read more

Legal

 
 

AUSTRALIAN WATERSLIDES AND LEISURE

A leading designer and manufacturer of innovative waterslides and attractions, Australian Waterslides and Leisure (AWL) is also able to advise clients in the areas of concept and design, feasibility…

read more

Aquatics / Attractions / Play / Waterparks

 
 

Australian Innovative Systems

Australian Innovative Systems (AISystems) is a multi-award winning, Australian owned leader in the design, production and supply of commercial and residential chlorine generators and water…

read more

Aquatics / Safety / Technology

 
 

SOLARWISE NSW DOLPHIN TECH

Solarwise NSW / Dolphin Tech were the first and are the largest Dolphin dealer in NSW with a full service facility and full range of spare parts "on the shelf". We also provide on site…

read more

Aquatics / Venues

 
 
 

SGL GROUP

SGL is an innovative and progressive lifestyle, leisure and community consulting practice, operated by Phillip Gray and active since 1988. SGL has undertaken an extensive range of sport,…

read more

Aquatics / Consultants / Fitness / Recreation / Sport

 
 

LINKS MODULAR SOLUTIONS

Links Modular Solutions are a leading provider of high-quality, innovative software solutions for leisure facilities. Our software suite includes modules such as POS, Classes, Members, Facility…

read more

Access / Billing / Finance / Fitness / Technology

 
 

Mattioli

Mattioli provides award winning painting, flooring and waterproofing services to the aquatics and recreation sector. We’re recognised as the leading contractor in the industry with award-winning…

read more

Aquatics / Recreation / Safety

 
 
 
 

get listed with our suppliers directory

Get your business noticed in our targeted directory. Viewed by 10,000 industry professionals per week!

list your business