The upstream of the sports lighting industry is mainly raw material suppliers and suppliers of other engineering materials, mainly including LEDs, electronic components, cables and other decoration materials; the midstream is sports lighting system manufacturers; the downstream is mainly local governments and infrastructure construction Investors and other investors.
The downstream of sports lighting is oriented to the construction of various sports venues and equipment replacement and maintenance. At present, the total demand for the sports lighting market of professional gymnasiums and schools in my country accounts for about 48.77%.
Status Quo of the Global Sports Lighting Industry
At present, major countries in the world have clearly defined the goal of "carbon neutrality" and are increasingly concerned about environmental protection. In terms of sports lighting, the market demand for LED lights is increasing. Many governments have banned the use of incandescent products to improve energy efficiency and reduce carbon dioxide emissions. Affected by the epidemic in 2020, the global sports lighting system market size will drop to US$1.497 billion, a year-on-year decrease of 4.95%, and will rebound to US$1.658 billion in 2021.
Status quo of China's sports lighting industry
(1) Scale of sports industry
In recent years, the state has issued a series of supporting policies for the sports industry to promote the upsurge of mass sports and fitness through various supporting guarantee mechanisms. In 2019, the total scale of my country's sports industry reached 2.95 trillion yuan, and the CAGR from 2014 to 2019 was 15.75%. In 2020, the scale of the industry affected by the epidemic will decline to 2,737.2 billion yuan, a year-on-year decrease of 7.16%.
(2) Sports lighting
1. Market size
Sports lighting refers to lighting products used in the field of sports facilities, and the downstream industry involves schools, stadiums, etc. The most basic requirements for sports lighting are suitable and uniform illuminance and brightness, ideal light color and color rendering of light source, three-dimensional effect, and no glare. Sports lighting can not only provide the lighting environment for the athletes, referees and spectators in the game and watch the game, but also provide the best lighting effect for the broadcast and shooting of various broadcast cameras and cameras in the audience. At the same time, it can also be sustainable considering the development and dual-state economy, a flexible and energy-saving lighting scheme is provided for the comprehensive utilization of venues after the game. There are many similar sports lighting, such as sports lighting in schools and communities.
With the acceleration of the construction of domestic sports facilities, the demand for lighting renovation and new construction of domestic sports venues has increased significantly. In 2021, the size of my country's sports lighting market will be about 2.28 billion yuan, a year-on-year increase of 17.1%.
2. Demand
In 2020, the industry will be hit hard by the epidemic, and the demand for the sports lighting industry will drop to 78,000 sets, a year-on-year decrease of 3.52%. In 2021, the demand for China's sports lighting industry will reach 82,000 sets, a year-on-year increase of 5.68%.
3. Average price
With the rise of raw material costs and the development of related technologies in the industry, the average price of my country's sports lighting system market continues to rise. The average price in 2016 was 19,000 yuan/set, and it will increase to 28,000 yuan/set in 2021.
4. Investment status
The sports lighting equipment manufacturing industry continues to optimize, and many domestic and foreign capitals flow into China, making the sports equipment manufacturing industry more active, allowing more investors to see the broad prospects of the sports equipment manufacturing industry, and driving the expansion of the sports industry and the improvement of benefits. In recent years, the investment scale of my country's sports lighting industry has continued to grow, reaching 1.482 billion yuan in 2021, a year-on-year increase of 17.43%.
The sports lighting system industry is a technology-intensive and capital-intensive industry. The technology and equipment of the industry are updated quickly, and the response to the market is relatively sensitive. Enterprises mainly invest a large proportion in the field of product technology.
After the Summer Olympics, Winter Olympics, Asian Games, Universiade and National Games and other large-scale international and domestic sports lighting practice, as well as the continuous development from products, intelligent control to sports lighting standards, design, construction, testing, etc. China Sports Lighting can fully meet the most stringent requirements of major global events. In the future, China's sports lighting will develop in the direction of lighting specialization, equipment intelligence, and scene entertainment, and will also help China's double carbon goals.
