Market Overview:
The global floodlights market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The market growth is attributed to the increasing demand for energy-efficient and eco-friendly lighting solutions, rising awareness about safety and security, and growing infrastructure development in emerging economies. The metal-halide lamp type segment is expected to dominate the global floodlights market during the forecast period owing to its high efficiency, long life span, and low power consumption. However, the LED lamp type segment is projected to grow at a higher CAGR during the forecast period due its advantages such as low power consumption, durability, and easy installation. The stadiums application segment accounted for majority of the share in 2017 and is projected to maintain its dominance during the forecast period. This can be attributed to increasing investments by governments across different countries for upgradation or construction of new stadiums that are compliant with international standards for sports events such as FIFA World Cup or Olympic Games.
Product Definition:
A floodlight is a large spotlight used to illuminate a wide area. They are often used in sports stadiums and outdoor events.
Metal-halide Lamp Type:
Metal halide lamps are used in various applications such as traffic lights, streetlights, and general illumination. The metal halide lamp type is a combination of mercury and an halogen that produces light by way of gas discharge. Metal Halides are compounds formed fromhalogens and metals such as magnesium or aluminum. They produce light with high color rendering capabilities which makes them suitable for decorative lighting purposes also.
LED Lamp Type:
The global LED lamp type market is expected to witness significant growth over the forecast period. The growth can be attributed to several factors such as low power consumption, longer life span, and high intensity of light. Moreover, these lamps are lightweight and have a small size which makes them more suitable for installation in floodlights.
LEDs are used in various types of lights including general illumination (downlighting), specialty lighting (floodlight), decorative lighting, general indoor lighting.
Application Insights:
Stadiums application segment accounted for the largest share of more than 60.0% in 2017 and is expected to continue its dominance over the forecast period. The rising number of stadiums with modern facilities and upgraded stands has boosted the demand for high brightness lighting systems, which are used at various parts of a stadium such as walkways, parking lots, seats, scoreboards etc. Furthermore, increasing government funding for sports infrastructure development is likely to fuel industry expansion over the coming years.
The other segment including corporate offices and industrial buildings applications accounted for a significant market share in terms of revenue generation in 2017 owing to growing usage across office buildings and industrial complexes respectively. In addition to this growth may be attributed to increasing adoption across educational institutions particularly colleges & universities which have been upgrading their existing floodlights with new LED technology lamps that provide better illumination while reducing electricity costs by up to 70%.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has witnessed a rise in stadium construction activities, which has resulted in an increased demand for floodlights. Furthermore, rising government initiatives to develop sports infrastructure are anticipated to fuel industry growth over the next eight years. For instance, China’s Sports General Administration announced plans for building 100 new stadiums by 2020 with a seating capacity of more than 50 thousand people by adding another 25 new stadiums with a seating capacity exceeding 40 thousand people every year between 2016 and 2020.
Europe accounted for more than 20% of global market share owing to increasing investments across several countries including Germany, Spain, Italy.
Growth Factors:
- Increasing demand for energy-efficient lighting solutions
- Rising awareness about the benefits of using LED floodlights
- Growing popularity of outdoor lighting applications
- Proliferation of smart and connected lighting systems
- Emerging economies offering lucrative growth opportunities
Scope Of The Report
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
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
236
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Floodlights Market Report Segments:
The global Floodlights market is segmented on the basis of:
Types
Metal-halide Lamp Type, LED Lamp Type
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Stadiums, Sports Field, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- 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
Highlights of The Floodlights Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Metal-halide Lamp Type
- LED Lamp Type
- By Application:
- Stadiums
- Sports Field
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
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 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Understanding Competition Scenario
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Floodlights are a type of lighting system that uses a high-intensity light source to illuminate an area. They are often used in sports and entertainment venues, such as stadiums and arenas.
Some of the major companies in the floodlights market are 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.
The floodlights market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Floodlights Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Floodlights Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Floodlights Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Floodlights Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Floodlights Market Size & Forecast, 2020-2028
4.5.1 Floodlights Market Size and Y-o-Y Growth
4.5.2 Floodlights Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Metal-halide Lamp Type
5.2.2 LED Lamp Type
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Stadiums
6.2.2 Sports Field
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Floodlights Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Floodlights Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Metal-halide Lamp Type
9.6.2 LED Lamp Type
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Stadiums
9.10.2 Sports Field
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Metal-halide Lamp Type
10.6.2 LED Lamp Type
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Stadiums
10.10.2 Sports Field
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Metal-halide Lamp Type
11.6.2 LED Lamp Type
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Stadiums
11.10.2 Sports Field
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Metal-halide Lamp Type
12.6.2 LED Lamp Type
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Stadiums
12.10.2 Sports Field
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Metal-halide Lamp Type
13.6.2 LED Lamp Type
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Stadiums
13.10.2 Sports Field
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Floodlights Market: Competitive Dashboard
14.2 Global Floodlights Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Abacus
14.3.2 Atlas
14.3.3 Eaton
14.3.4 Floodlighting Limited
14.3.5 GE
14.3.6 Hubbell
14.3.7 Iwasaki Electric
14.3.8 LAP Electrical
14.3.9 Lithonia Lighting
14.3.10 Luceco
14.3.11 Philips
14.3.12 Pierlite
14.3.13 Sports Floodlighting Solutions
14.3.14 Thorn
14.3.15 Voltex
14.3.16 V-TAC
14.3.17 Wipro Lighting
