Stadium lighting market projected to reach $1138.16 million by 2032 with LED technology growth.

From GlobeNewswire: 2025-06-24 09:21:00

The Stadium Lighting Market is on the rise, set to reach $1138.16 million by 2032 with a 7.72% CAGR. LED systems are replacing traditional lighting, offering energy savings and better quality. North America leads the market, but Asia Pacific is expected to grow rapidly due to sports events and smart city projects.

In the Stadium Lighting Market, North America holds a 32.6% market share, driven by advanced technology and adoption of LED solutions. Asia Pacific is projected to have the highest CAGR of 30.5% from 2024 to 2032, fueled by sports investments and government initiatives. Iconic venues like SoFi Stadium lead the way in advanced lighting systems.

Automated control systems dominate the Stadium Lighting Market, with a 58.7% market share in 2023 and expected high CAGR growth. Indoor lighting is currently dominant, offering uniform, glare-free lighting for indoor sports. Outdoor lighting is set to grow fastest through 2032, supporting major sports events with smart technology.

Recent developments in the Stadium Lighting Market include partnerships for energy-efficient lighting solutions and advancements in laser technology for DNA sequencing. The market is dynamic, driven by innovation and sustainability in lighting solutions for sports facilities and life sciences.



Read more at GlobeNewswire: Stadium Lighting Market Size to Hit USD 1138.16 Million by