About Light Towers
A light tower is a piece of mobile equipment which has one or more high-intensity electric lamps and a mast. Almost always, the lights are attached to the mast, which is attached to a trailer, with a generator set to power the lamps. Normally the lamps are metal halide bulbs and the generator is powered by a diesel engine. However, battery-powered, solar-powered and hydrogen-powered sets are available; light towers with electrodeless lamps lighting are also sold.
The report shows the Light Towers market is valued at approximately USD xxxx million in 2019 and is expected to generate revenue of around USD xxxx million by 2026, growing at a CAGR of roughly xxxx% from 2019 and 2026.
Market Opportunity
The demand for Light Towers is to gain traction through 2026 under the large promotion by construction, oil & gas, mining sectors. The soaring demand for lighting for remote monitoring in construction activities, along with the operations in oil or mining exploitation works and application for emergency and rescue purpose, these factors make light towers vital equipment in these downstream industries, embracing countless opportunities to market expansion. Further, the market growth is also driven by escalating innovations such as emission-less lighting solutions, solar-powered lighting towers, which is anticipated to illuminate highly remote and distant villages. The stringent government regulations and large-scale investment inflow into the sector can further propel market growth.
Market Player
Important players profiled in the global Light Towers market are Terex, Doosan Portable Power, Multiquip, Atlas Copco, Generac, Allmand, Wacker Neuson, Yanmar, AllightSykes, JCB, and etc.
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Market Segmentation
By Type
Metal Halide Lamps
Electrodeless Lamps
LED
By Application
Road and Bridge Construction
Emergency and Disaster Relief
Oil and Gas Work
By Region
North America
u U.S.
u Canada
u Mexico
Europe
u Germany
u France
u Italy
u Spain
u U.K.
u Nordic Countries
u Belgium
u Russia
u Rest of Europe
Asia Pacific
u China
u India
u Australia
u Japan
u South Korea
u Australia and New Zealand
u Rest of Asia Pacific
Latin America, Middle East & Africa
u GCC Countries
u Brazil
u Nigeria
u Argentina
u South Africa
u Others
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Here are some key trends about which you need to keep an eye on for Global Light Towers Market (2019 – 2026)
l The flourishing outlook of the global construction industry augments the demand for light towers. Especially in India, Singapore, and other APEC areas. For instance, the Indian government is set to carry out projects that aim to enhance the region’s construction infrastructure, through various flagship programs, such as Housing for All, 100 Smart Cities Mission, Atal Mission for Urban Rejuvenation and Transformation (AMRUT), etc.
l Thanks to the presence of robust end-user industries that deploy light towers, North America accounts for the largest market for Light Towers in the last few years.
l Canada marked as an utmost attractive market for Light Towers, on account of the fast-growing mining and construction activities, highly active oil & gas and aerospace industries. AltaGas is one of the most significant players in the Canadian oil and gas market, which announced a project that aims to export propane from Canada’s West Coast, with an estimated cost of 500 million dollars. These factors are expected to drive the demand for light towers in the regional market.
l The latest portable light tower will become mainstream in the Light Tower industry due to easy-carrying, adjustable, well-performance in an emergency application, etc.
Market Analyze Period
l Base Year: 2018
l Estimated Year: 2019
l Forecast Period: 2019 to 2026
Report Key Audience
l Light Towers manufacturers
l Raw material or component material suppliers of Light Towers
l Downstream vendors and end-users
l Traders, distributors, and resellers of Light Towers materials
l Construction material industry associations and research bodies
l Product managers, power lighting industry administrator, C-level executives of the industries
l Market Research and consulting firms
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