Future stadium and arena construction projects worth US$125.5bn

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The global stadium and arena construction projects pipeline, as tracked by the Construction Intelligence Center (CIC), stands at US$125.5 billion, and comprises numerous projects related to major sporting events, such as the forthcoming Summer Olympic Games 2020 in Tokyo, the Winter Olympics 2022 in Beijing and the FIFA World Cup in Qatar in 2022.

There is also significant investment in the refurbishment and building of new stadia and arenas for major sporting leagues in the UK and across the rest of Europe, as well as in the US and China.

HTF Market Intelligence released a new research report with detailed analysis, forecast and strategies. The study covers key regions that includes North America, Europe, Asia-Pacific, South America, Middle East and Africa. The analysis based on CIC projects shows total project values and analysis by stage and funding for the top ten countries.

In terms of the project pipeline value, the Americas account for the highest share with US$54.9 billion, equivalent to 41% of the total global value of stadia and arenas projects. Asia-Pacific is in second place, with projects valuing US$31.8 billion. Europe has projects valued at US$25.6 billion, while the Middle East and Africa has a project pipeline of US$13.1 billion, trailing the other regions.

The Americas and Europe have a mature stadium and arena market, with huge investment from professional and amateur sporting leagues for American football, basketball, hockey and baseball in the Americas to football (soccer), cricket and rugby in Europe. Stadia construction in other regions is not as advanced as the Americas and Europe, as there is less commercial investment from professional sports teams, which drives growth. China is beginning to develop professional soccer with the Chinese Super League (CSL) and India has an established cricket brand with the Indian Premier League (IPL) which will assist with stadium investment.

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mm

James has been Editor of Stadia since 2018 having worked at magazines and websites around the world for the past 10 years covering everything from technology to motoring and more. He also edits Electric & Hybrid Vehicle Technology International.

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