Stadium Lighting Market to grow by USD 200.48 million from 2022 to 2027

The stadium lighting market is estimated to grow by USD 200.48 million from 2022 to 2027, growing at a CAGR of 7.5%. APAC is estimated to account for 37% of the global market during the forecast period.

The increase in demand for sustainable stadium lighting is notably driving the market growth. With the expanding worldwide sports sector, nations are dedicating more resources to building and revamping stadiums. Consequently, the escalating count of stadium construction and upgrades is projected to amplify the need for stadium lighting. Moreover, stadium lighting enriches the stadium experience for viewers and furnishes sports broadcasters with top-notch visuals, especially for slow-motion playback.

Thus, the surge in demand for eco-friendly stadium lighting is poised to steer the progress of the stadium lighting market during the forecast period. For Comprehensive details on the market size of the historic period(2017 to 2021) and forecast period (2023-2027) - View Sample report

The rise in environmental concerns related to stadium lights is a significant challenge hindering market growth. The impact of artificial light exposure extends to humans, animals, and plants, with white light sources like metal halide lamps and LEDs emitting substantial levels of bluish light that hinder visibility in low-light settings. These factors can potentially undermine the advancement of the stadium lighting market. The rising ecological apprehensions have led to a surge in the need for intelligent lighting solutions, including automated light control systems, to curtail excessive light exposure to humans, animals, and plants. Consequently, these environmental considerations could hinder the progression of the stadium lighting market during the forecast period.