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Stadium Lighting Market Trends

Report ID: GMI9205
Published Date: Apr 2024
Report Format: PDF

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Stadium Lighting Market Trends

The market continues to witness a shift towards LED lighting solutions due to their superior energy efficiency, longer lifespan, and better control over brightness and color. LED technology enables stadiums to reduce energy consumption, operational costs, and carbon footprint while providing enhanced lighting quality and flexibility. For instance, in April 2023, OSRAM and Musco Lighting together launched the OSCONIQ LEDs as part of a new field-of-play lighting system at the Armin-Wolf-Arena, a baseball stadium in Regensburg, Germany. The stadium’s new floodlighting uses the Total Light Control—TLC for LED system from Musco Lighting, fitted with OSCONIQ P 3737 LEDs from ams OSRAM, which provide the 5700K light source for the TLC for LED luminaires.

Integration of smart lighting systems equipped with sensors and controls allows for dynamic lighting effects, remote monitoring, and automated adjustments based on factors like occupancy, natural light levels, and event requirements. These systems enhance the spectator experience, improve operational efficiency, and contribute to cost savings. For instance, in May 2023, Signify and the Preferred Lighting Company of the National Hockey League, and the Florida Panthers upgraded FLA Live Arena with energy-efficient LED and connected lighting. The Panthers' sports lighting system integrates Ephesus LumaSport 8 tunable white and Prism RGBA luminaires from Cooper Lighting Solutions, offering Stevenson and his team dynamic control through the Interact IoT platform. With the LumaSport 8 luminaires, they can precisely adjust lighting to meet the NHL's stringent correlated color temperature (CCT) and light uniformity standards, ensuring the ice stands out vividly for players, spectators, and television broadcasts alike.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

Market size for stadium lighting was USD 729.7 million in 2023 and is expected to register 8.3% CAGR from 2024-2032 owing to increasing demand for enhanced visibility and spectator experience during sporting events and concerts worldwide.

Stadium lighting industry from the LED segment recorded USD 302.3 million in 2023 and is expected to register an appreciable CAGR from 2024-2032 due to offering energy efficiency, longer lifespan, and superior brightness control compared to traditional lighting sources.

North America industry held 44.3% share in 2023 and is expected to register a commendable CAGR from 2024-2032 due to a thriving sports culture with a high demand for state-of-the-art stadium facilities equipped with advanced lighting systems in the region.

Bajaj Illumination, Cree, Eaton, GE Lighting, General Electric, LEDil, Ledworks, LG Electronics, Musco Lighting, Osram, Philips Lighting, Schreder, Signify Holding, SLI Lighting, Thorn Lighting, Transrail, and Zumtobel Group, are some of the major stadium lighting companies worldwide.