Outlook on the Stadium Lighting Global Market to 2028 – Major Drivers and Restraints – ResearchAndMarkets.com
Posted on 620 ResearchAndMarkets.com’s offering. The stadium lighting market was valued at US$ 465.7 Mn in 2017 and expected to be growing at a compounded annual growth rate (CAGR) of 8.1% from 2020 to 2028. One of the most prominent factors complimenting market growth can be attributed to the replacement of traditional stadium lights with LED lights. Considering the fact that LED lights are more energy-efficient, has resulted in its increased adoption across stadiums around the world. Moreover, the declining cost of LED lights i...