|Market Size in 2019||Market Forecast in 2025||CAGR (in %)||Base Year|
|USD 3 Billion||USD 5 Billion||6%||2019|
Light Tower Market
Global demand for the light tower market was valued at around USD 3 Billion in 2019 and is expected to touch USD 5 Billion in 2025, growing at a rate of over 6% between 2019 and 2025.
This report analyzes and estimates the light tower market at global, regional, and country level. The research study provides historic data from 2015 to 2019 along with the forecast from 2020 to 2025 based on revenue (USD Billion). The report offers detailed insights of the light tower market drivers and restraints along with their impact analysis at a global level from 2015 to 2025.
The report covers an in-depth analysis of the strategies adopted by major competitors in the global light tower market. To understand the competitive landscape in the light tower market, an analysis of Porter’s Five Forces model is also included. The research study comprises of market attractiveness analysis, wherein all the segments are benchmarked on the basis of their market size and growth rate.
The research study provides a decisive view on the global light tower market based on lighting, product, technology, power source, application, and region. All the segments of the market have been analyzed based on the past, present, and future trends. The market is estimated from 2019 to 2025.
Deployment of light towers is generally favored at mining, construction, and oil & gas sites to ensure safety while performing operations. Owing to the significantly increasing construction projects across the globe and growing fatality rate at worksites owing to insufficient lighting conditions, the demand for light towers is likely to propel drastically throughout the study timeframe, thereby escalating the global light tower market.
The report exhibits the analytical information related to the global light tower market by segmenting it on the basis of lighting, product, technology, power source, application, and region. Based on the lighting, the global light tower market is segmented into electric, LED, metal halide, and others. Product-wise, the global industry is sectored into mobile and stationary. By technology, the market is bifurcated into hydraulic lifting system and manual lifting system. On the basis of power source, the global sector is categorized into direct, diesel, solar, and others. Based on the application, the market is classified into emergency & disaster relief, construction, mining, infrastructure development, military & defense, oil & gas, and others. The regional segmentation comprises the past, present, and estimated demand for the Middle East & Africa, North America, Asia Pacific, Latin America, and Europe. The regional segment is further split into the U.S., Canada, Mexico, UK, France, Germany, China, Japan, India, South Korea, Brazil, and Argentina among others.
|Report Attributes||Report Details|
|Report Name||Light Tower Market Size Report|
|Market Size in 2019||USD 3 Billion|
|Market Forecast in 2025||USD 5 Billion|
|Growth Rate||CAGR of 6%|
|Number of Pages||188|
|Forecast Units||Value (USD Billion), and Volume (Units)|
|Key Companies Covered||Generac Power Systems, Wacker Neuson Group, Doosan Portable Power, Colorado Standby, The Will-Burt Company, DMI Light Towers, Progress Solar Solutions LLC, Larson Electronics LLC, Trime Srl, Atlas Copco, J C Bamford Excavators Ltd., Light Boy Co. Ltd., Inmesol SL, LTA Projects, Chicago Pneumatic, Aska Equipments Ltd., Youngman Richardson & Co. Ltd., Terex Corporation, and Olikara Lighting Towers.|
|Segments Covered||By lighting, By Product, By Technology, By Application and By Region.|
|Historical Year||2015 to 2018|
|Forecast Year||2019 - 2025|
|Customization Scope||Avail customized purchase options to meet your exact research needs. Request For Customization|
The global light tower market is segmented as:
Global Light Tower Market: By Lighting Segmentation Analysis
Global Light Tower Market: By Product Segmentation Analysis
Global Light Tower Market: By Technology Segmentation Analysis
Global Light Tower Market: By Power Source Segmentation Analysis
Global Light Tower Market: By Application Segmentation Analysis
Global Light tower Market: Regional Segmentation Analysis
Global demand for the light tower market was valued at around USD 3 Billion in 2019 and is expected to touch USD 5 Billion in 2025
Growing at a rate of over 6% between 2019 and 2025.