Global Mobile Lighting Tower Market Research Report 2024-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2030

Global Mobile Lighting Tower Market Research Report 2024-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2030

The mobile lighting tower is a kind of lighting equipment that independently generates power and is not affected by the coverage of the mains network. It can meet the lighting needs of various complex places. Mobile lighting towers are mainly used for lighting in various outdoor night constructions and other field operations such as electric power, railways, fire protection, municipal administration, highway bridges, ports, mines, and construction departments. It can also be used for night maintenance, emergency repairs, accident handling, and emergency rescue. Emergency lighting for various situations such as disaster relief. Mobile lighting towers are mainly mobile trailers, which have the characteristics of quick response and convenient operation.

Market Overview:

The latest research study on the global Mobile Lighting Tower market finds that the global Mobile Lighting Tower market reached a value of USD 521.96 million in 2023. It’s expected that the market will achieve USD 848.49 million by 2029, exhibiting a CAGR of 8.43% during the forecast period.

The promotion and application of energy-saving light sources such as LED will promote industry upgrading

Energy-saving light sources such as LEDs have the advantages of energy saving, emission reduction and environmental protection. Due to energy shortage, the LED industry has been vigorously promoted in countries all over the world. With the penetration of LED light sources in the fields of commercial lighting and civil lighting, it has given a better impetus to the industrial lighting industry. Program requirements are evolving at an unprecedented pace. As the light source used in lighting equipment is converted from traditional light bulbs to LEDs, the mobile lighting tower market will usher in growth opportunities for upgrading.

The level of urbanization in emerging countries is advancing

The increasing urbanization process in economies such as emerging countries and Southeast Asia has led to significant growth in the mobile lighting tower market in these developing countries. For example, in 2023, India's total population will exceed 1.4 billion, surpassing China's population to rank first in the world. The growth of the population has also promoted the urbanization process in India, which has increased the demand for the downstream market of mobile lighting tower industries such as urban construction, urban pipeline construction, and armed police fire protection. According to data released by Statista, in 2021, about one-third of India's total population will live in cities. India's urbanization has increased from 31.28% in 2011 to 35.39%. Emerging countries, Southeast Asian economies and other economies have large population bases, low levels of urbanization, and relatively active economic development. The demand potential of the mobile lighting tower industry is huge.

Region Overview:

In 2022, the Asia-Pacific mobile lighthouse market share will be 42.79%.

Company Overview:

Atlas Copco AB (including Chicago Pneumatic) is one of the major players in the mobile lighting tower market with a share of 15.86% in 2023.

Atlas Copco AB is an industrial productivity solutions provider. It develops and manufactures air handling systems, compressors, assembly systems and industrial power tools. The company also provides vacuum solutions, machine vision, and power and flow solutions. The company's products enable customers to improve productivity and ergonomics, and ensure energy efficiency and safety.

Generac Power Systems, Inc. manufactures and distributes electrical power equipment. The company offers portable, residential, commercial, mobile and industrial generators, as well as light towers, pressure washers, heaters, pumps and parts and accessories.

Segmentation Overview:

By type, the LED lights segment holds the largest market share in 2022.

Application Overview:

In terms of application, the building construction segment holds the largest share from 2018 to 2022.

Key Companies in the global Mobile Lighting Tower market covered in Chapter 3:

Larson Electronics LLC
Aska Equipments Ltd.
Shenzhen Shangwei Lighting Co., Ltd.
Doosan Portable Power
Wanco Inc.
Wacker Neuson Group
Generac Power Systems Inc.
Inmesol Gensets SL
Xylem Inc.
Shenzhen Ocean King Lighting Engineering Co., Ltd.
Atlas Copco AB (including Chicago Pneumatic)
The Will-Burt Company

In Chapter 4 and Chapter 14.2, on the basis of types, the Mobile Lighting Tower market from 2019 to 2030 is primarily split into:

Metal halide lamp
led light
other

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Mobile Lighting Tower market from 2019 to 2030 covers:

Building Construction
Petroleum and natural gas
mining
Disaster relief
other

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2019-2030) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)