The light tower market is expected to grow from USD 2.80 billion in 2019 to USD 5.03 billion by 2027, at a CAGR of 7.6% during the forecast period 2020-2027.
A part of mobile equipment that has more than one high power electric lamps with mast is known as a light tower. The lights are always attached to the mast, that is attached to a trailer with the help of a generator set to power the lamps. Light towers are mostly used in construction sites. Benefits of using light towers are maximum lighting portability and deployment, increased on-site and remote safety, and robust transportation, including over rugged terrain.
The factors driving the market are increasing demand for light towers for safe and secure operations in mining, construction, events and sports, and oil and gas. Other factors driving the market are rising requirement of light towers in construction activities, growing demand for high energy generation in the oil and gas industry, increasing demand for light towers in various emergency and rescue solutions. The factors hampering the market growth are inefficient supply chain, high maintenance, and battery problems.
This study delivers a comprehensive analysis of light type, fuel type, market type, end-user, and region. The light type segment includes LED and metal halide. The LED segment is expected to witness significant growth, attributing to its increased demand from oil and gas, mining, increased energy efficiency, and operational characteristics. The fuel type segment includes direct power, solar, and diesel. The diesel fuel type segment dominates the market growth, owing to the increasing operation of light towers in remote-off grid regions, diesel is cost-effective and widely available as compared to other fuel sources. Based on market type, the market is segmented into rental and sales. The rental segment is expected to witness significant growth, owing to increasing demand for light tower rentals, and it requires low capital investments. The end-user segment includes mining, events and sports, oil and gas, and construction. With the increasing requirement of light towers in mining and construction activities influence the market growth. The oil and gas segment is also projected to grow, owing to the rising demand for high energy generation.
The market has been divided into North America, Europe, Asia-Pacific, Middle East & Africa, and South America. North America dominates the market, owing to the high investments in infrastructure development and oil and gas exploration activities. Canada and the US largely drive the market in the region. This is attributed to increasing drilling activities in the region. The market in the Asia Pacific region is anticipated to grow, due to increasing infrastructure activities, bridge construction, railway line construction, and various civil activities in developing countries. The market in the Middle East and Africa is also projected to show significant growth, owing to the large-scale operations in the oil and gas sector and increasing mining activities.
Some of the notable players in the market are Doosan Portable Power, Wacker Neuson, United Rental, Atlas Copco, Generac Holding, and Terex Corporation. In January 2019, Generac Mobile and Generac Pro rental equipment industry solutions was introduced by Generac.
Light Tower Market by Light Type
Light Tower Market, by Fuel Type
Light Tower Market, by Market Type
Light Tower Market, by End-user
Light Tower Market, by Region
Report Description:
The market estimates have been evaluated by considering the effect of different political, economic, social, technological and legal factors which are based on our extensive secondary research, primary research, and in-house databases.
1. Introduction
1.1. Objectives of the Study
1.2. Market Definition
1.3. Research Scope
1.4. Currency
1.5. Key Target Audience
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
4.1. Porter’s Five Forces Analysis
4.2. Value Chain Analysis
4.3. Top Investment Pockets
4.3.1. Market Attractiveness Analysis By Light Type
4.3.2. Market Attractiveness Analysis By Fuel Type
4.3.3. Market Attractiveness Analysis By Market Type
4.3.4. Market Attractiveness Analysis By End-User
4.3.5. Market Attractiveness Analysis By Region
4.4. Industry Trends
5. Market Dynamics
5.1. Market Evaluation
5.2. Drivers
5.3. Restrains
5.4. Opportunities
5.5. Challenges
6. Global Light Tower Market Analysis and Forecast, By Light Type
6.1. Segment Overview
6.2. LED
6.3. Metal Halide
7. Global Light Tower Market Analysis and Forecast, By Fuel Type
7.1. Segment Overview
7.2. Direct Power
7.3. Solar
7.4. Diesel
8. Global Light Tower Market Analysis and Forecast, By Market Type
8.1. Segment Overview
8.2. Rental
8.3. Sales
9. Global Light Tower Market Analysis and Forecast, By End-User
9.1. Segment Overview
9.2. Mining
9.3. Events and Sports
9.4. Oil and Gas
9.5. Construction
10. Global Light Tower Market Analysis and Forecast, By Regional Analysis
10.1. Segment Overview
10.2. North America
10.2.1. U.S.
10.2.2. Canada
10.2.3. Mexico
10.3. Europe
10.3.1. Germany
10.3.2. France
10.3.3. U.K.
10.3.4. Italy
10.3.5. Spain
10.4. Asia-Pacific
10.4.1. Japan
10.4.2. China
10.4.3. India
10.5. South America
10.5.1. Brazil
10.6. Middle East and Africa
10.6.1. UAE
10.6.2. South Africa
11. Global Light Tower Market-Competitive Landscape
11.1. Overview
11.2. Market Share of Key Players in the Light Tower Market
11.2.1. Global Company Market Share
11.2.2. North America Company Market Share
11.2.3. Europe Company Market Share
11.2.4. APAC Company Market Share
11.3. Competitive Situations and Trends
11.3.1. Product Launches and Developments
11.3.2. Partnerships, Collaborations, and Agreements
11.3.3. Mergers & Acquisitions
11.3.4. Expansions
12. Company Profiles
12.1. Doosan Portable Power
12.1.1. Business Overview
12.1.2. Company Snapshot
12.1.3. Company Market Share Analysis
12.1.4. Company Type Portfolio
12.1.5. Recent Developments
12.1.6. SWOT Analysis
12.2. Wacker Neuson
12.2.1. Business Overview
12.2.2. Company Snapshot
12.2.3. Company Market Share Analysis
12.2.4. Company Type Portfolio
12.2.5. Recent Developments
12.2.6. SWOT Analysis
12.3. United Rental
12.3.1. Business Overview
12.3.2. Company Snapshot
12.3.3. Company Market Share Analysis
12.3.4. Company Type Portfolio
12.3.5. Recent Developments
12.3.6. SWOT Analysis
12.4. Atlas Copco
12.4.1. Business Overview
12.4.2. Company Snapshot
12.4.3. Company Market Share Analysis
12.4.4. Company Type Portfolio
12.4.5. Recent Developments
12.4.6. SWOT Analysis
12.5. Generac Holding
12.5.1. Business Overview
12.5.2. Company Snapshot
12.5.3. Company Market Share Analysis
12.5.4. Company Type Portfolio
12.5.5. Recent Developments
12.5.6. SWOT Analysis
12.6. Terex Corporation
12.6.1. Business Overview
12.6.2. Company Snapshot
12.6.3. Company Market Share Analysis
12.6.4. Company Type Portfolio
12.6.5. Recent Developments
12.6.6. SWOT Analysis
List of Table
1. Global Light Tower Market, By Light Type, 2017-2027(USD Billion)
2. Global LED Light Tower Market, By Region, 2017-2027(USD Billion)
3. Global Metal Halide Light Tower Market, By Region, 2017-2027(USD Billion)
4. Global Light Tower Market, By Fuel Type, 2017-2027(USD Billion)
5. Global Direct Power Light Tower Market, By Region, 2017-2027(USD Billion)
6. Global Solar Light Tower Market, By Region, 2017-2027(USD Billion)
7. Global Diesel Light Tower Market, By Region, 2017-2027(USD Billion)
8. Global Light Tower Market, By Market Type, 2017-2027(USD Billion)
9. Global Rental Light Tower Market, By Region, 2017-2027(USD Billion)
10. Global Sales Light Tower Market, By Region, 2017-2027(USD Billion)
11. Global Light Tower Market, By End-User, 2017-2027(USD Billion)
12. Global Mining Light Tower Market, By Region, 2017-2027(USD Billion)
13. Global Events and Sports Light Tower Market, By Region, 2017-2027(USD Billion)
14. Global Oil and Gas Light Tower Market, By Region, 2017-2027(USD Billion)
15. Global Construction Light Tower Market, By Region, 2017-2027(USD Billion)
16. Global Light Tower Market, By Region, 2017-2027(USD Billion)
17. Global Light Tower Market, By North America, 2017-2027(USD Billion)
18. North America Light Tower Market, By Light Type, 2017-2027(USD Billion)
19. North America Light Tower Market, By Fuel Type, 2017-2027(USD Billion)
20. North America Light Tower Market, By Market Type, 2017-2027(USD Billion)
21. North America Light Tower Market, By End-User, 2017-2027(USD Billion)
22. U.S. Light Tower Market, By Light Type, 2017-2027(USD Billion)
23. U.S. Light Tower Market, By Fuel Type, 2017-2027(USD Billion)
24. U.S. Light Tower Market, By Market Type, 2017-2027(USD Billion)
25. U.S. Light Tower Market, By End-User, 2017-2027(USD Billion)
26. Canada Light Tower Market, By Light Type, 2017-2027(USD Billion)
27. Canada Light Tower Market, By Fuel Type, 2017-2027(USD Billion)
28. Canada Light Tower Market, By Market Type, 2017-2027(USD Billion)
29. Canada Light Tower Market, By End-User, 2017-2027(USD Billion)
30. Mexico Light Tower Market, By Light Type, 2017-2027(USD Billion)
31. Mexico Light Tower Market, By Fuel Type, 2017-2027(USD Billion)
32. Mexico Light Tower Market, By Market Type, 2017-2027(USD Billion)
33. Mexico Light Tower Market, By End-User, 2017-2027(USD Billion)
34. Europe Light Tower Market, By Light Type, 2017-2027(USD Billion)
35. Europe Light Tower Market, By Fuel Type, 2017-2027(USD Billion)
36. Europe Light Tower Market, By Market Type, 2017-2027(USD Billion)
37. Europe Light Tower Market, By End-User, 2017-2027(USD Billion)
38. Germany Light Tower Market, By Light Type, 2017-2027(USD Billion)
39. Germany Light Tower Market, By Fuel Type, 2017-2027(USD Billion)
40. Germany Light Tower Market, By Market Type, 2017-2027(USD Billion)
41. Germany Light Tower Market, By End-User, 2017-2027(USD Billion)
42. France Light Tower Market, By Light Type, 2017-2027(USD Billion)
43. France Light Tower Market, By Fuel Type, 2017-2027(USD Billion)
44. France Light Tower Market, By Market Type, 2017-2027(USD Billion)
45. France Light Tower Market, By End-User, 2017-2027(USD Billion)
46. U.K. Light Tower Market, By Light Type, 2017-2027(USD Billion)
47. U.K. Light Tower Market, By Fuel Type, 2017-2027(USD Billion)
48. U.K. Light Tower Market, By Market Type, 2017-2027(USD Billion)
49. U.K. Light Tower Market, By End-User, 2017-2027(USD Billion)
50. Italy Light Tower Market, By Light Type, 2017-2027(USD Billion)
51. Italy Light Tower Market, By Fuel Type, 2017-2027(USD Billion)
52. Italy Light Tower Market, By Market Type, 2017-2027(USD Billion)
53. Italy Light Tower Market, By End-User, 2017-2027(USD Billion)
54. Spain Light Tower Market, By Light Type, 2017-2027(USD Billion)
55. Spain Light Tower Market, By Fuel Type, 2017-2027(USD Billion)
56. Spain Light Tower Market, By Market Type, 2017-2027(USD Billion)
57. Spain Light Tower Market, By End-User, 2017-2027(USD Billion)
58. Asia Pacific Light Tower Market, By Light Type, 2017-2027(USD Billion)
59. Asia Pacific Light Tower Market, By Fuel Type, 2017-2027(USD Billion)
60. Asia Pacific Light Tower Market, By Market Type, 2017-2027(USD Billion)
61. Asia Pacific Light Tower Market, By End-User, 2017-2027(USD Billion)
62. Japan Light Tower Market, By Light Type, 2017-2027(USD Billion)
63. Japan Light Tower Market, By Fuel Type, 2017-2027(USD Billion)
64. Japan Light Tower Market, By Market Type, 2017-2027(USD Billion)
65. Japan Light Tower Market, By End-User, 2017-2027(USD Billion)
66. China Light Tower Market, By Light Type, 2017-2027(USD Billion)
67. China Light Tower Market, By Fuel Type, 2017-2027(USD Billion)
68. China Light Tower Market, By Market Type, 2017-2027(USD Billion)
69. China Light Tower Market, By End-User, 2017-2027(USD Billion)
70. India Light Tower Market, By Light Type, 2017-2027(USD Billion)
71. India Light Tower Market, By Fuel Type, 2017-2027(USD Billion)
72. India Light Tower Market, By Market Type, 2017-2027(USD Billion)
73. India Light Tower Market, By End-User, 2017-2027(USD Billion)
74. South America Light Tower Market, By Light Type, 2017-2027(USD Billion)
75. South America Light Tower Market, By Fuel Type, 2017-2027(USD Billion)
76. South America Light Tower Market, By Market Type, 2017-2027(USD Billion)
77. South America Light Tower Market, By End-User, 2017-2027(USD Billion)
78. Brazil Light Tower Market, By Light Type, 2017-2027(USD Billion)
79. Brazil Light Tower Market, By Fuel Type, 2017-2027(USD Billion)
80. Brazil Light Tower Market, By Market Type, 2017-2027(USD Billion)
81. Brazil Light Tower Market, By End-User, 2017-2027(USD Billion)
82. Middle East and Africa Light Tower Market, By Light Type, 2017-2027(USD Billion)
83. Middle East and Africa Light Tower Market, By Fuel Type, 2017-2027(USD Billion)
84. Middle East and Africa Light Tower Market, By Market Type, 2017-2027(USD Billion)
85. Middle East and Africa Light Tower Market, By End-User, 2017-2027(USD Billion)
86. UAE Light Tower Market, By Light Type, 2017-2027(USD Billion)
87. UAE Light Tower Market, By Fuel Type, 2017-2027(USD Billion)
88. UAE Light Tower Market, By Market Type, 2017-2027(USD Billion)
89. UAE Light Tower Market, By End-User, 2017-2027(USD Billion)
90. South Africa Light Tower Market, By Light Type, 2017-2027(USD Billion)
91. South Africa Light Tower Market, By Fuel Type, 2017-2027(USD Billion)
92. South Africa Light Tower Market, By Market Type, 2017-2027(USD Billion)
93. South Africa Light Tower Market, By End-User, 2017-2027(USD Billion)
List of Figures
1. Global Light Tower Market Segmentation
2. Light Tower Market: Research Methodology
3. Market Size Estimation Methodology: Bottom-Up Approach
4. Market Size Estimation Methodology: Top-Down Approach
5. Data Triangulation
6. Porter’s Five Forces Analysis
7. Value Chain Analysis
8. Global Light Tower Market Attractiveness Analysis By Light Type
9. Global Light Tower Market Attractiveness Analysis By Fuel Type
10. Global Light Tower Market Attractiveness Analysis By Market Type
11. Global Light Tower Market Attractiveness Analysis By End-User
12. Global Light Tower Market Attractiveness Analysis By Region
13. Global Light Tower Market: Dynamics
14. Global Light Tower Market Share By Light Type (2019 & 2027)
15. Global Light Tower Market Share By Fuel Type (2019 & 2027)
16. Global Light Tower Market Share By Market Type (2019 & 2027)
17. Global Light Tower Market Share by End-User (2019 & 2027)
18. Global Light Tower Market Share by Regions (2019 & 2027)
19. Global Light Tower Market Share by Company (2019)
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