Learn about the global light towers market through The Business Research Company, which provides information on light towers market size, light towers market drivers and restraints, light towers market players, the COVID-19 impact on the light towers market, and more.

The global light tower market size is expected to grow from $3.03 billion in 2021 to $3.22 billion in 2022 at a compound annual growth rate (CAGR) of 6.24%. The growth in the market mainly due to the companies’ resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The global light towers market size is expected to reach $4.11 billion in 2026 at a CAGR of 6.35%.

Increased infrastructure activities are significantly contributing to the growth of the light tower market.

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The light tower market consists of sales of light towers by entities (organizations, sole traders, and partnerships) that manufacture, sell, and rent light towers. Light towers are mobile equipment consisting of high-intensity electric lamps and masts, along with a trailer attached to it with a generator setup at the back to power the bulbs when insufficient artificial or natural light is present. In light towers, power is usually generated from diesel, solar energy, batteries, or hybrid methods to illuminate bulbs. Light towers are used in construction, infrastructure development, the oil and gas industry, mining, the military and defense, as well as in emergency and disaster relief.

Global light towers market segments include:

By Product: Stationary, Mobile

By Fuel Type: Solar/Hybrid, Diesel, Direct Power

By Technology: Manual Lifting, Hydraulic Lifting

By Lighting: Metal Halide, LED, Electric

By End-User: Oil and Gas, Mining, Construction, Events and Sports

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America and Asia-Pacific were the largest regions in the light tower market in 2021.

New product development is the key trend being followed by the companies operating in the light tower market. This is due to the presence of a large number of light tower manufacturing companies as well as to their extending their growth in new areas to be a leader in the market.

TBRC’s Light Towers Market Report Covers:

Major Market Players: Generac Mobile Products, Terex Corporation, Doosan Portable Power, Wacker Neuson SE, Atlas Copco (India) Ltd, United Rentals Inc., The Will-Burt Company, Aska Equipments Limited, Larson Electronic LLC, Olikara Lighting Towers Pvt Ltd, Allmand Bros. Inc., Xylem, Chicago Pneumatic, J.C. Bamford Excavators Ltd., Colorado Standby, Youngman Richardson, WANCO INC., and Multiquip Inc.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)

The Light Towers Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides light towers market overviews, analyzes and forecasts market size, share, light towers market players, light towers market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s light towers market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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