The Global Floodlights Market Size is expected to reach USD 3.5 billion by 2028 with a CAGR of 9% from 2021 to 2028. Floodlights are an important part of any stadium, sports field, or other outdoor venues. Floodlights can be used to provide safety and security for players and spectators during night-time events as well as allowing for the playing surface to remain in playable condition when daylight hours have ended.
Floodlights are outdoor lights that produce powerful beams of light to illuminate a dark area. There are two types of floodlights: metal-halide and LED lamps, which vary in their efficacy, cost per lumen hour (lumens/hour), and environmental friendliness. Floodlight systems typically consist of a high mast or tower, light-emitting lamps, reflector dishes, or other mirrors to direct the beams of light downward.
On the basis of Types, the market is segmented into metal-halide lamp type and LED lamp type.
The metal halide lamp emits light in a bluish hue while LEDs emit white color lights which are more energy-efficient than other types of lamps like sodium vapor or mercury vapor lamps. LEDs are also more eco-friendly than metal halide and mercury bulbs as they do not contain any harmful materials like mercury or lead, which can harm the environment if released into it.
The LED lamp is a light-emitting diode product that produces high brightness. It has several advantages in the following ways: long lifetime, low power consumption, and small size. For example, an LED can last up to 50 years of use while incandescent bulbs can only last for a year or two when 24 hours per day, whereas fluorescent lamps last for about 20,000 hours.
The LED lamp is a constantly improving product from the development of laser diodes in the 1960s to today's high-power LEDs that emit light because electricity passes through semiconductors made up of gallium nitride and other materials.
On the basis of Application, the market is segmented into the following three categories: stadiums, sports field and other.
The use of floodlights in stadiums is a common practice. Stadiums employ these to make the playing field visible at night or when heavy rain or other adverse weather conditions occur during the day, making it difficult for players and spectators to see each other.
Metal-halide lamps are used by many athletic organizations because they have high intensity. LED lamps provide high quality and are environmentally friendly.
The use of floodlights in the sports fields is also a common practice. Sports fields employ these to illuminate the playing area and make it visible during evening or night games, as well as when there are heavy rains or other adverse weather conditions occurring during the daytime that makes it difficult for spectators to see players on the ground.
On the basis of Region, the market is segmented into North America, Europe, Asia Pacific, and the Middle East & Africa. The Asia Pacific region dominates this market due to the rapid growth of stadiums in India, China, Taiwan, Thailand, Japan, and other countries as well.
The North American market is the second-largest region in terms of revenue generated due to its large sports market and the high adoption rate for LED.
In Europe, countries such as France have a considerably larger sports industry than other European Union (EU) members and have been able to capitalize on this by adopting floodlights with an increased frequency over recent years.
The global floodlights market is projected to witness significant growth owing to the rising adoption of sustainable lighting technologies such as LED lights, which are eco-friendly and have a longer lifespan. Additionally, factors such as increasing awareness among consumers about energy efficiency in homes will also boost demand for these products during the forecast period. However, high capital expenditure could pose a challenge to the growth of this market.
Up Market Research published a new report titled “Floodlights Market research report which is segmented by Types (Metal-halide Lamp Type, LED Lamp Type), By Applications (Stadiums, Sports Field, Other), By Players/Companies Abacus, Atlas, Eaton, Floodlighting Limited, GE, Hubbell, Iwasaki Electric, LAP Electrical, Lithonia Lighting, Luceco, Philips, Pierlite, Sports Floodlighting Solutions, Thorn, Voltex, V-TAC, Wipro Lighting”.
|Report Attributes||Report Details|
|Report Title||Floodlights Market Research Report|
|By Type||Metal-halide Lamp Type, LED Lamp Type|
|By Application||Stadiums, Sports Field, Other|
|By Companies||Abacus, Atlas, Eaton, Floodlighting Limited, GE, Hubbell, Iwasaki Electric, LAP Electrical, Lithonia Lighting, Luceco, Philips, Pierlite, Sports Floodlighting Solutions, Thorn, Voltex, V-TAC, Wipro Lighting|
|Regions Covered||North America, Europe, APAC, Latin America, MEA|
|Historical Year||2018 to 2019 (Data from 2010 can be provided as per availability)|
|Number of Pages||223|
|Number of Tables & Figures||157|
|Customization Available||Yes, the report can be customized as per your need.|
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by Type Metal-halide Lamp Type, LED Lamp Type and By Application Stadiums, Sports Field, Other.
Some of the companies that are profiled in this report are:
Floodlights Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
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Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the Floodlights Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
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