Global Light Towers Market Growth 2023-2029
A light tower is a kind of mobile equipment which has high-intensity electric lamps used in construction, mining, road and bridge construction, emergency and disaster relief, general construction, oil and gas work, special events and other application fields.
LPI (LP Information)' newest research report, the “Light Towers Industry Forecast” looks at past sales and reviews total world Light Towers sales in 2022, providing a comprehensive analysis by region and market sector of projected Light Towers sales for 2023 through 2029. With Light Towers sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Light Towers industry.
This Insight Report provides a comprehensive analysis of the global Light Towers landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Light Towers portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Light Towers market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Light Towers and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Light Towers.
The global Light Towers market size is projected to grow from US$ 890.8 million in 2022 to US$ 1014 million in 2029; it is expected to grow at a CAGR of 1014 from 2023 to 2029.
For industry structure analysis, the Light Towers industry is relatively concentrated. These manufacturers range from large multinational corporations to small privately owned companies compete in this industry. The top five producers are Generac, Terex, Atlas Copco, Wacker Neuson and Allmand, with 54% of the revenue market. Regionally, Asia-Pacific is the biggest revenue area, also the leader in the whole Light Towers industry. Asia-Pacific occupied 44% of the sales market. It is followed by North America and Europe, which respectively account for around 25% and 20% of the global total industry. Other countries have a smaller amount of sales.
This report presents a comprehensive overview, market shares, and growth opportunities of Light Towers market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Diesel Engine Light Tower
Battery Light Tower
Solar Light Tower
Hydrogen Light Tower
Segmentation by application
Road and Bridge Construction
Emergency and Disaster Relief
Oil and Gas Work
Mining
Other
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Generac
Terex
Atlas Copco
Wacker Neuson
Allmand
Doosan Portable Power
AllightSykes
Yanmar
Multiquip
JCB
Ocean King
Wanco
Powerbaby
Ishikawa
Hangzhou Mobow
Zhenghui
XuSheng Illumination
GTGT
Key Questions Addressed in this Report
What is the 10-year outlook for the global Light Towers market?
What factors are driving Light Towers market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Light Towers market opportunities vary by end market size?
How does Light Towers break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook