Market Dynamics

High growth of end-useindustry(construction, oil & gas, industrial, mining & others) in the emerging regions is expected to drive the demand of light tower market during the forecast period.  Some of the major end-use industries in light tower market have been witnessing strong growth in the emerging region such as Asia Pacific and Middle East. Increasing activities of construction and mining in remote areas is expected to drive the growth of light tower market during the forecast period. This has resulted some of the key developments by companies operating in the market to consolidate their market positions and look for further niche opportunities.Light towers produce an array of high-intensity light through lights installed on top of the tower in a telescopic mast. They are operated by diesel generators as a source to provide electricity for the light. However, nowadays, solar panels, hydrogen fuel cells, etc., are also used for power supply. Light towers are rainproof and resist wind speeds and other environmental factors. They are used in areas, which are remote and usually miles away from the power grid, such as mining areas, construction areas, railway line constructions, etc., where there is no source of light.

Rapid urbanization, construction, mining, etc., have significantly contributed to the growth of the light tower market. The need for light towers has increased, as work needs to be carried out in remote locations with no power supply and for the safety of the workers. All these factors are responsible for the growth of the light tower market. Moreover, extraction of minerals, oil & gas, etc., also takes place in remote areas. North America is expected to lead the light tower market due to increasing activities in its remote areas. Canada is also registering high use of light towers due to growth in its oil & gas sector.

Key Factors Impacting Market Growth:

• Increasing activities of construction and mining in remote areas
• Safety concerns for workers

Regional Outlook:

The regional outlook for light tower market provides detailed information for markets including North America, Western Europe, Eastern Europe, Asia Pacific, Middle East, and Rest of the World. North America and Western Europe are estimated to be key regions for light tower market during the forecast period. Being one of the industrialized regions, the energy & power sector is key to the operations of various industries in this region. This is one of the important factors governing the growth of light tower market in these regions. Some of the major countries covered in this region include US, Germany, UK, France, Italy, Canada, and so on. 

Asia Pacific is estimated one of the fastest growing regions for light tower market during the forecast period. Some of the fastest growing economies and increasing demand for energy & power to cater high population & industries is expected to drive the demand in this region. China and India are projected to register major demand during the forecast period. Middle East that includes UAE, Saudi Arabia, Iran, Qatar, and others promises high market potential during the forecast period. Rest of the World including South America and Africa are emerging regions in terms of market demand during the forecast period.

Companies Covered:  Atlas Copco, Olikara Lighting Towers Pvt. Ltd, Aska Equipments Limited, Doosan Portable Power, and Progress Solar Solution…

Market Segmentation:

By Type:

• Metal Halide Light Tower
• LED Light Tower

By Fuel Type

• Diesel Powered
• Solar Powered
• Direct Powered

By Mobility

• Stationary
• Mobile
• Others

By End-Use Industry:

• Construction
• Oil & Gas
• Industrial
• Mining
• Others

By Region:

• North America
  • By Country (US, Canada, Mexico)
  • By Type
  • By Fuel Type
  • By Mobility Type
  • By End-Use Industry
• Western Europe
  • By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
  • By Type
  • By Fuel Type
  • By Mobility Type
  • By End-Use Industry

• Eastern Europe
  • By Country (Russia, Turkey, Rest of Eastern Europe)
  • By Type
  • By Fuel Type
  • By Mobility Type
  • By End-Use Industry
• Asia Pacific
  • By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
  • By Type
  • By Fuel Type
  • By Mobility Type
  • By End-Use Industry
• Middle East
  • By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
  • By Type
  • By Fuel Type
  • By Mobility Type
  • By End-Use Industry
• Rest of the World
  • By Region (South America, Africa)
  • By Type
  • By Fuel Type
  • By Mobility Type
  • By End-Use Industry

Reasons To Buy This Report:

• Market size estimation of the light tower market on a regional and global basis
• The unique research design for market size estimation and forecast
• Profiling of major companies operating in the market with key developments
• Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:

We provide customization of the study to meet specific requirements:

• By Segment
• By Sub-segment
• By Region/Country

For more information, contact: [email protected]