Shopping Cart 0
Cart Subtotal
AED 0

Light Towers Market: Current Analysis and Forecast (2021-2027)

Restricted to one authorized user; Open on 1 PC/ mobile / Tablet only.
Print Option: No
Copy Option: No
Download Option: No
Deliverable Format : PDF viewable on the website via username

Single User License
AED 14676

Restricted to one authorized user; Open on 1 PC/ mobile / Tablet only.
Print Option: No
Copy Option: No
Download Option: No
Deliverable Format : PDF viewable on the website via username

Site License
AED 18713

Details

Light towers generally consist of three main components; a generator that powers the lamps, a mast, and one or more electric high-intensity lamps. The mobility for the units is usually achieved by the addition of wheels, or trailer hitches. The lighting tower has significant use in the building, construction, mining & oil & gas activities to provide the proper light. The lighting towers can be powered by generators, direct electricity, diesel, and solar cells. Growing frequency of fatal accidents specially during night construction coupled with availability of wide range of tough & resistant mobile equipment with high quality standards has encouraged the mobile light tower industry growth. Moreover, light towers also help keep the worksite well protected during idle times when there are no workers present. Dark or unlit construction sites are a prime target for vandalism or theft. Keeping the site well illuminated can therefore curb potential criminal activity and keep the site secure. The market growth is also attributed to innovations that are focused on providing emission-less lighting, which is monitored by stringent government regulations pertaining to workforce safety. In recent times, the need for solar-powered lighting towers, to illuminate highly remote and distant villages, has witnessed a significant demand. However, some of the restraints in the market include high equipment cost, battery problems, inefficient supply chain which are some factors impeding the growth of this market all over the world.

Based on market type, the market is segmented into Sales and Rental. The Rental segment grabbed XX% market share of the Global Light Towers Market and gathered revenue of USD XX billion in 2020. The segment is expected to grow at a CAGR of XX% during the forecast period to reach a market valuation of USD XX billion by 2027 driven by the demand for light tower rentals in North America and Asia Pacific due to their low costs as compared to purchasing.

Based on light type, the market is segmented into LED & Metal Halide. In 2020, the Metal Halide segment dominated the Light Towers Market and accounted for XX% market share. This segment will witness a considerable CAGR of XX% during the forecast period (2021-2027F) owing to its increased demand from the oil & gas, and mining end-users. However, in the forecasted period, the LED light tower segment is expected to be the largest and fastest-growing market due to their increased energy efficiency.

Based on fuel type, the market is classified into Diesel, Solar/Hybrid, Direct Power and others. The Diesel segment generated revenue of USD XX billion in 2020. The segment is expected to grow at a CAGR of XX% during the forecast period to reach a market valuation of USD XX billion by 2027 due to light towers being operated increasingly in remote off-grid regions where access to grid power is non-existent.

Based on end user type, the market is classified into Oil & Gas, Mining, Construction, Events & Sports and others. The Construction segment generated revenue of USD XX billion in 2020. The segment is expected to grow at a CAGR of XX% during the forecast period to reach a market valuation of USD XX billion by 2027 due to increased infrastructure development activities in residential, commercial, and industrial spaces globally.

For a better understanding of the market adoption of Light Towers, the market is analyzed based on its worldwide presence in the countries such as North America (United States, Canada, Rest of North America), Europe (Germany, France, Italy, Spain, United Kingdom, and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, and Rest of APAC), MEA and Rest of World. North America constitutes the largest market for the industry and generated revenue of USD XX billion in 2020 on account of strong investment in infrastructure development and oil & gas exploration activities which are driving light towers usage.

Some of the major players operating in the market include Generac Power Systems, Terex Corporation, Atlas Copco, Doosan Portable Power, Wacker Neuson etc. Several M&A's along with partnerships have been undertaken by these players to boost their presence in different regions.

READ MORE

Table Of Content

Scope

1 MARKET INTRODUCTION

1.1. Market Definitions

1.2. Objective of the Study

1.3. Limitation

1.4. Stake Holders

1.5. Currency Used in Report

1.6. Scope of the Global Light Towers Market Study

2 RESEARCH METHODOLOGY OR ASSUMPTION

2.1. Research Methodology for the Global Light Towers Market

2.1.1. Main Objective of the Global Light Towers Market

3 MARKET SYNOPSIS

4 EXECUTIVE SUMMARY

5 GLOBAL LIGHT TOWERS MARKET COVID-19

6 GLOBAL LIGHT TOWERS MARKET REVENUE (USD BN), 2019-2027F

7 MARKET INSIGHTS BY MARKET TYPE

7.1. Sales

7.2. Rental

8 MARKET INSIGHTS BY LIGHT

8.1. LED

8.2. Metal Halide

9 MARKET INSIGHTS BY FUEL

9.1. Diesel

9.2. Solar/Hybrid

9.3. Direct Power

9.4. Others

10 MARKET INSIGHTS BY END USER

10.1. Oil & Gas

10.2. Mining

10.3. Construction

10.4. Events & Sports

10.5. Others

11 MARKET INSIGHTS BY REGION

11.1. North America Light Towers Market

11.1.1. United States

11.1.2. Canada

11.1.3. Rest of North America

11.2. Europe Light Towers Market

11.2.1. Germany

11.2.2. France

11.2.3. United Kingdom

11.2.4. Italy

11.2.5. Spain

11.2.6. Rest of Europe

11.3. Asia Pacific Light Towers Market

11.3.1. China

11.3.2. Japan

11.3.3. India

11.3.4. Australia

11.3.5. Rest of Asia Pacific

11.4. MEA Light Towers Market

11.5. Rest of World Light Towers Market

12 LIGHT TOWERS MARKET DYNAMICS

12.1. Market Drivers

12.2. Market Challenges

12.3. Impact Analysis

13 LIGHT TOWERS MARKET OPPORTUNITIES

14 LIGHT TOWERS MARKET TRENDS

15 LEGAL & REGULATORY FRAMEWORK

16 DEMAND AND SUPPLY SIDE ANALYSIS

16.1. Demand Side Analysis

16.2. Supply Side Analysis

16.2.1. Top Product Launches

16.2.2. Top Business Partnerships

16.2.3. Top Business Expansions, Investments and Divestitures

16.2.4. Top Merger and Acquisitions

17 VALUE CHAIN ANALYSIS

18 COMPETITIVE SCENARIO

18.1. Porter's Five Forces Analysis

18.1.1. Bargaining power of Supplier

18.1.2. Bargaining power of Buyer

18.1.3. Industry Rivalry

18.1.4. Availability of Substitute

18.1.5. Threat of new Entrants

18.2. Competitive Landscape

18.2.1. Company Shares, By Revenue

19 COMPANY PROFILED

19.1. Generac Power Systems

19.2. Terex Corporation

19.3. Aska Equipments Limited

19.4. Atlas Copco

19.5. Doosan Portable Power

19.6. Wacker Neuson

19.7. United Rentals, Inc.

19.8. Olikara Lighting Towers Pvt. Ltd

19.9. Wanco Inc.

19.10. The Will-Burt Company

20 DISCLAIMER

Licence Rights

Section Purchase

To know more information on Purchase by Section, please send a mail to support@kenresearch.com

INQUIRE FOR COVID-19 IMPACT ANALYSIS

Products and Companies


Companies

Generac Power Systems

Terex Corporation

Atlas Copco

Doosan Portable Power

Wacker Neuson

Company Profile

Company Profile Title

Light towers generally consist of three main components; a generator that powers the lamps, a mast, and one or more electric high-intensity lamps. The mobility for the units is usually achieved by the addition of wheels, or trailer hitches. The lighting tower has significant use in the building, construction, mining & oil & gas activities to provide the proper light. The lighting towers can be powered by generators, direct electricity, diesel, and solar cells. Growing frequency of fatal accidents specially during night construction coupled with availability of wide range of tough & resistant mobile equipment with high quality standards has encouraged the mobile light tower industry growth. Moreover, light towers also help keep the worksite well protected during idle times when there are no workers present. Dark or unlit construction sites are a prime target for vandalism or theft. Keeping the site well illuminated can therefore curb potential criminal activity and keep the site secure. The market growth is also attributed to innovations that are focused on providing emission-less lighting, which is monitored by stringent government regulations pertaining to workforce safety. In recent times, the need for solar-powered lighting towers, to illuminate highly remote and distant villages, has witnessed a significant demand. However, some of the restraints in the market include high equipment cost, battery problems, inefficient supply chain which are some factors impeding the growth of this market all over the world.

Based on market type, the market is segmented into Sales and Rental. The Rental segment grabbed XX% market share of the Global Light Towers Market and gathered revenue of USD XX billion in 2020. The segment is expected to grow at a CAGR of XX% during the forecast period to reach a market valuation of USD XX billion by 2027 driven by the demand for light tower rentals in North America and Asia Pacific due to their low costs as compared to purchasing.

Based on light type, the market is segmented into LED & Metal Halide. In 2020, the Metal Halide segment dominated the Light Towers Market and accounted for XX% market share. This segment will witness a considerable CAGR of XX% during the forecast period (2021-2027F) owing to its increased demand from the oil & gas, and mining end-users. However, in the forecasted period, the LED light tower segment is expected to be the largest and fastest-growing market due to their increased energy efficiency.

Based on fuel type, the market is classified into Diesel, Solar/Hybrid, Direct Power and others. The Diesel segment generated revenue of USD XX billion in 2020. The segment is expected to grow at a CAGR of XX% during the forecast period to reach a market valuation of USD XX billion by 2027 due to light towers being operated increasingly in remote off-grid regions where access to grid power is non-existent.

Based on end user type, the market is classified into Oil & Gas, Mining, Construction, Events & Sports and others. The Construction segment generated revenue of USD XX billion in 2020. The segment is expected to grow at a CAGR of XX% during the forecast period to reach a market valuation of USD XX billion by 2027 due to increased infrastructure development activities in residential, commercial, and industrial spaces globally.

For a better understanding of the market adoption of Light Towers, the market is analyzed based on its worldwide presence in the countries such as North America (United States, Canada, Rest of North America), Europe (Germany, France, Italy, Spain, United Kingdom, and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, and Rest of APAC), MEA and Rest of World. North America constitutes the largest market for the industry and generated revenue of USD XX billion in 2020 on account of strong investment in infrastructure development and oil & gas exploration activities which are driving light towers usage.

Some of the major players operating in the market include Generac Power Systems, Terex Corporation, Atlas Copco, Doosan Portable Power, Wacker Neuson etc. Several M&A's along with partnerships have been undertaken by these players to boost their presence in different regions.

READ MORE

Scope

1 MARKET INTRODUCTION

1.1. Market Definitions

1.2. Objective of the Study

1.3. Limitation

1.4. Stake Holders

1.5. Currency Used in Report

1.6. Scope of the Global Light Towers Market Study

2 RESEARCH METHODOLOGY OR ASSUMPTION

2.1. Research Methodology for the Global Light Towers Market

2.1.1. Main Objective of the Global Light Towers Market

3 MARKET SYNOPSIS

4 EXECUTIVE SUMMARY

5 GLOBAL LIGHT TOWERS MARKET COVID-19

6 GLOBAL LIGHT TOWERS MARKET REVENUE (USD BN), 2019-2027F

7 MARKET INSIGHTS BY MARKET TYPE

7.1. Sales

7.2. Rental

8 MARKET INSIGHTS BY LIGHT

8.1. LED

8.2. Metal Halide

9 MARKET INSIGHTS BY FUEL

9.1. Diesel

9.2. Solar/Hybrid

9.3. Direct Power

9.4. Others

10 MARKET INSIGHTS BY END USER

10.1. Oil & Gas

10.2. Mining

10.3. Construction

10.4. Events & Sports

10.5. Others

11 MARKET INSIGHTS BY REGION

11.1. North America Light Towers Market

11.1.1. United States

11.1.2. Canada

11.1.3. Rest of North America

11.2. Europe Light Towers Market

11.2.1. Germany

11.2.2. France

11.2.3. United Kingdom

11.2.4. Italy

11.2.5. Spain

11.2.6. Rest of Europe

11.3. Asia Pacific Light Towers Market

11.3.1. China

11.3.2. Japan

11.3.3. India

11.3.4. Australia

11.3.5. Rest of Asia Pacific

11.4. MEA Light Towers Market

11.5. Rest of World Light Towers Market

12 LIGHT TOWERS MARKET DYNAMICS

12.1. Market Drivers

12.2. Market Challenges

12.3. Impact Analysis

13 LIGHT TOWERS MARKET OPPORTUNITIES

14 LIGHT TOWERS MARKET TRENDS

15 LEGAL & REGULATORY FRAMEWORK

16 DEMAND AND SUPPLY SIDE ANALYSIS

16.1. Demand Side Analysis

16.2. Supply Side Analysis

16.2.1. Top Product Launches

16.2.2. Top Business Partnerships

16.2.3. Top Business Expansions, Investments and Divestitures

16.2.4. Top Merger and Acquisitions

17 VALUE CHAIN ANALYSIS

18 COMPETITIVE SCENARIO

18.1. Porter's Five Forces Analysis

18.1.1. Bargaining power of Supplier

18.1.2. Bargaining power of Buyer

18.1.3. Industry Rivalry

18.1.4. Availability of Substitute

18.1.5. Threat of new Entrants

18.2. Competitive Landscape

18.2.1. Company Shares, By Revenue

19 COMPANY PROFILED

19.1. Generac Power Systems

19.2. Terex Corporation

19.3. Aska Equipments Limited

19.4. Atlas Copco

19.5. Doosan Portable Power

19.6. Wacker Neuson

19.7. United Rentals, Inc.

19.8. Olikara Lighting Towers Pvt. Ltd

19.9. Wanco Inc.

19.10. The Will-Burt Company

20 DISCLAIMER

To know more information on Purchase by Section, please send a mail to support@kenresearch.com

INQUIRE FOR COVID-19 IMPACT ANALYSIS


Companies

Generac Power Systems

Terex Corporation

Atlas Copco

Doosan Portable Power

Wacker Neuson