U.S. Sports Facilities Market Size, Share, By Sports Type (Indoor, Outdoor, and Multi-Sport), By Capacity (Small-Scale, Medium-Scale, and Large-Scale), By Management (Public Sports Facilities, Private Sports Facilities, and Hybrid Models), By End-Users (Sports Organization, Educational Institutes, Government, and Rehabilitation Centers) and By U.S. - Trends, Analysis and Forecast till 2034

Report Code: PMI526324 | Publish Date: June 2024 | No. of Pages: 166

Us Sports Facilities Market Overview

U.S. Sports Facilities Market Size was valued at 36.16 billion in 2024 and is projected to grow at a CAGR of 24.8% to reach US$ 262.17 billion by 2034.

The region's passion for sports and recreation is reflected in the booming and dynamic market for Sports Facilities in the United States. Sports facilities are vital to the social and physical fabric of American communities. They can take many forms, from massive stadiums housing professional leagues to neighborhood-based recreation centers.

The U.S. sports facility business has experienced notable development and expansion in recent years due to various causes. These include the growing demand for state-of-the-art venues that offer immersive and engaging fan experiences, the ever-increasing trend of multipurpose facilities that cater to various sporting and entertainment needs, and the growing emphasis on sustainability and eco-friendly practices in facility design and operations.

Us Sports Facilities Market Dynamics

U.S. Sports Facilities Market Drivers:

Private and Government Investment

The market for sports facilities in the United States is expanding significantly, mostly due to rising public and private investment in sports infrastructure. Several important elements fuel this tendency. First, governments in the area understand the value of sports in advancing social cohesion, public health, and economic growth. Consequently, there is an increasing focus on investing in cutting-edge, easily accessible sports facilities that meet various athletic requirements and interests. In addition, big athletic events like the Olympics, Asian Games, and regional competitions frequently act as spurrents for the construction of sports facilities and the development of infrastructure. Host nations and cities implement large-scale projects to construct or renovate venues and infrastructure to satisfy big international events' demands.

Building Wellness

The market for sports facilities in the United States is expanding significantly due to a fast shift in consumer priorities toward health. Several important elements fuel this tendency. First off, there has been a sharp increase in demand for sports facilities throughout the region as people become more conscious of the value of exercise and physical activity in preserving good health. There is a rising awareness of the need for easily accessible, well-equipped facilities that support regular physical exercise and healthy living as sedentary lifestyles and urbanization speed up. Furthermore, as part of more extensive public health programs, people, communities, and governments are prioritizing investments in sports infrastructure due to the increased prevalence of health issues such as diabetes, obesity, and cardiovascular illnesses.

U.S. Sports Facilities Market Restrains:

Constraints on the U.S. Sports Facility Market Due to High Investment

A major obstacle for the U.S. sports facility sector is the high investment cost. Expenses associated with construction and reconstruction, such as design, infrastructure development, and site acquisition, can be prohibitive for governments, private investors, and sports groups. Worries about profitability further hamper project development, return on investment (ROI), and difficulties obtaining funds. Market dynamics and economic cycles increase the degree of uncertainty, which affects investor confidence and project viability. Low stakeholder engagement brought on by high expenses limits the market's potential for expansion. Innovative financing techniques, public-private collaborations, and risk-reduction plans are needed to address these issues and improve the financial viability of sports facility projects.

Us Sports Facilities Market Segmentation

U.S. Sports Facilities Market is segmented based on Sports Type, Capacity, Management, End User and U.S. Region  

U.S. Sports Facilities Market Report Scope:

Attribute

Details

Market Size 2024

US$ 36.16 billion

Projected Market Size 2034

US$ 262.17 billion

CAGR Growth Rate

24.8%

Base year for estimation

2023

Forecast period

2024 – 2034

Market representation

Revenue in USD Billion & CAGR from 2024 to 2034

Market Segmentation

By Sports Type - Indoor, Outdoor, and Multi-Sport

By Capacity - Small-Scale, Medium-Scale, and Large-Scale

By Management - Public Sports Facilities, Private Sports Facilities, and Hybrid Models

By End User - Sports Organization, Educational Institutes, Government, and Rehabilitation Centers

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2023 to 2034. For the purpose of this study segmented the Sports Facilities Market report based on Sports Type, Capacity, Management, End User and Country:

U.S. Sports Facilities Market, By Sports Type:

  • Indoor
  • Outdoor
  • Multi-Sport   

U.S. Sports Facilities Market, By Capacity:

  • Small-Scale
  • Medium-Scale
  • Large-Scale   

U.S. Sports Facilities Market, By Management:

  • Public Sports Facilities
  • Private Sports Facilities
  • Hybrid Models

Us Sports Facilities Market Key Players

The key players operating U.S. Sports Facilities Market includes Populous, AECOM, HOK, Skanska AB, Turner Construction Company, Balfour Beatty Plc., JACOBS ENGINEERING GROUP, Sodexo, and ESSMA, LLC, SportsArt.

Us Sports Facilities Market Company Profile

  • Populous, Inc. *
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • AECOM
  • HOK
  • Skanska AB
  • Turner Construction Company
  • Balfour Beatty Plc.
  • JACOBS ENGINEERING GROUP
  • Sodexo
  • ESSMA, LLC
  • SportsArt

"*" marked represents similar segmentation in other categories in the respective section.

Us Sports Facilities Market Table of Contents

  1. Research Objective and Assumption
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Preview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Sports Type
      • Market Snippet, By Capacity
      • Market Snippet, By Management
      • Market Snippet, By End User
      • Market Snippet, By Country
    • Opportunity Map Analysis
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
    • Market Trends
    • Product Launch
    • Merger and Acquisitions
    • Impact Analysis
    • PEST Analysis
    • Porter’s Analysis
  4. Market Segmentation, By Sports Type, Forecast Period up to 10 Years, (US$ Bn)
    • Overview
      • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
      • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
      • Segment Trends
    • Indoor
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
    • Outdoor
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
    • Multi-Sport
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  5. Market Segmentation, By Capacity, Forecast Period up to 10 Years, (US$ Bn)
    • Overview
      • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
      • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
      • Segment Trends
    • Small-Scale
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
    • Medium-Scale
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
    • Large-Scale
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  6. Market Segmentation, Management, Forecast Period up to 10 Years, (US$ Bn)
    • Overview
      • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
      • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
      • Segment Trends
    • Public Sports Facilities
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
    • Private Sports Facilities
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
    • Hybrid Models
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  7. Market Segmentation, End User, Forecast Period up to 10 Years, (US$ Bn)
    • Overview
      • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
      • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
      • Segment Trends
    • Sports Organization
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
    • Educational Institutes
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
    • Government
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
    • Rehabilitation Centers
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  8. Market, By Country, Forecast Period up to 10 Years, (US$ Bn)
    • Overview
      • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
      • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
      • Country Trends
  9. Competitive Landscape
  • Heat Map Analysis
  • Company Profiles
    • Populous.
    • AECOM
    • HOK
    • Skanska AB
    • Turner Construction Company
    • Balfour Beatty Plc.
    • Jacobs Engineering Group
    • Sodexo
    • ESSMA, LLC
    • SportsArt
  • Analyst Views
  • Research Methodology
  • About Us
  • Contact

FAQs

U.S. Sports Facilities Market is segmented into Sports Type, Capacity, Management, End User and U.S. Region.

Increased in Government and Private Investment in Sports.

The key players operating the Sports Facilities Market includes Populous, AECOM, HOK, Skanska AB, Turner Construction Company, Balfour Beatty Plc., JACOBS ENGINEERING GROUP, Sodexo, and ESSMA, LLC, SportsArt.