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2022

Mobile Light Tower Market

Mobile Light Tower Market Size, Share, Competitive Landscape and Trend Analysis Report, by Power Source, by Lighting Type, by Technology, by Application : Global Opportunity Analysis and Industry Forecast, 2021-2031

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Author's: Marpu Vinod| Prakhar Jain | Eswara Prasad
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Mobile Light Tower Market Research, 2031

The global mobile light tower market size was valued at $1.9 billion in 2021, and mobile light tower industry is projected to reach $3.1 billion by 2031, growing at a CAGR of 5.2% from 2022 to 2031.

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.

Mobile Light Tower Market

Mobile light towers are lighting equipment which are mobile and are available in battery powered, solar powered, and hydrogen powered. The light tower market is driven by innovations that are focused on providing emission free lighting. Light towers are mainly used for illuminating the area of work, which is usually remote and off the main grid. Moreover, light towers have lamps made of metal halide bulbs while the diesel-powered generator powers these lamps. Light towers play a crucial role in road works and other applications particularly where fuel economy and mobility are required. Furthermore, the mobile light tower market is expected to witness significant growth due to rise in safety concerns in the construction sector and to prevent injuries or accidents on construction sites.

The rise in investment for light towers in various industries such as construction, mining, oil & gas, and events & sports are some of the factors which have attributed for the growth of the market. increase in the focus on the implementation of safety measures and regulations in the construction sector across the globe boosts the usage of technologically advanced equipment and construction methods, which contributes to the growth of global mobile light tower market. In addition, increase in infrastructural investment mainly due to rapid transport development and upgrading of existing structures is expected to have positive impact on the mobile light tower market growth during the forecast period.

The global mobile light tower market forecast is segmented on the basis of by power source, lighting type, technology, application, and region.

On the basis of power source, it is segmented into diesel, solar, direct, and others. On the basis of lighting type, it is segmented into metal halide, and LED. On the basis of technology, the market is segmented into manual and hydraulics. In addition, on the basis of application, the market is segmented into oil & gas, mining, construction, and others. Furthermore, construction segment is classified into, highway construction, railway construction, bridge construction, and others.

Region wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA. Presently, North America accounts for the largest mobile light tower market share, followed by Europe, and Asia-Pacific.

Mobile Light Tower Market by Power Source

The diesel segment dominates the global mobile light tower market. Diesel is utilized as a power source in a diesel generator which is a combination of a diesel engine with an electric generator to generate electric energy. The ease of availability of diesel in most of the developed and developing countries is one of the most important factors for the development of diesel power source mobile light tower products. The increase in the construction activities in places without connection to a power grid especially in developing countries has driven the demand for the market growth. The abovementioned factors are expected to provide ample opportunities for the development of the market.

Mobile Light Tower Market by Lighting Type

The metal halide segment dominates the global mobile light tower market. Compounds formed when metal and halogen elements combine are metal halides. These include sodium chloride (salt) and hexafluoride uranium (the fuel used in reactors for nuclear energy). By passing an electric current through a combination of mercury and metal halide gas, metal halide lamps produce light. They operate very similarly to other lamps for gas discharge (e.g., mercury vapor)-the main difference being the gas composition. In general, the introduction of metal halide vapor enhances both the efficiency and the quality of light. Metal halide light provides high efficiency, ease of setup and low-cost advantages are major factors which will drive the market growth. It also has wide range of applications such as lighting for construction areas, mining areas, and other end-use sectors. Increase in the demand for fossil fuel and other minerals for various end use industries will drive the demand for the mobile light tower market. The above-mentioned factors will provide ample opportunities for the development of the market during the forecast period.

Mobile Light Tower Market by Technology

The manual segment dominates the global mobile light tower market. Manual technology has wide range of applications in the mobile light tower products. There is a need for human intervention for deploying the mobile light tower. The demand for low-cost mobile light towers for construction and various other end use industries will drive the demand for manual technology based mobile light tower. It doesn’t have any hydraulic equipment hence most of the work need to be done manually, this equipment is widely utilized in under developed and developing countries due to their low cost and need for no maintenance. The above-mentioned factors will provide ample opportunities for the development of the market during the forecast period.

Mobile Light Tower Market by Application

The construction segment dominates the global mobile light tower market. Construction industry refers to the industrial branch of manufacturing and trade related to building, repairing, renovating, and maintaining infrastructures. This sector consists of construction of various infrastructures such as highway construction, railway construction, bridge construction, and other huge construction activities. The growing urbanization and investment in infrastructure activities across the globe, especially in developing countries will drive the demand for mobile light tower market in construction sector. Highway plays a vital role in the development of internal economy of the country, as most of the countries across the globe use road transportation for the transportation of goods. The developing countries across the globe such as India, China, and Brazil have invested huge revenue to build road infrastructure to make the transportation more efficient and have high safety for the passengers. The above-mentioned factors will provide ample opportunities for the development of the market during the forecast period.

Mobile Light Tower Market by Region

North America dominated the global mobile light tower market. The light tower industry in the U.S. is expected to record a growth rate of more than 4.5% up to 2027 on account of the escalating public and private construction activities in the region.Canada in this region has abundant oil & gas resources which led to increase in the mining and exploration activities which promote the demand for the lighting equipment. Mexico followed by the U.S. are the leading revenue-generating countries in the North America light Tower market due to the revival of the construction industry and government's initiatives to rebuild the country's depleted infrastructure. In addition, Mexico is a part of the World Green Building Council (WGBC), which promotes sustainable development and aims to reduce greenhouse gas emissions, and this trend accelerates the light tower market growth in the country. Light Towers are an environmentally friendly, cost-effective source of energy and require less maintenance, which results in rising demand from FMCG, pharmaceuticals, and electronics assembling industries, thereby providing lucrative growth opportunities in the North America. The above factors drive the growth of the mobile light tower market in this region during this forecast period.

Competitive Landscape

The major companies profiled in this report include Atlas Copco Group, Terex Corporation, Generac Power Systems Inc., Larson Electronics LLC, Doosan Portable Power, Colorado Standby, Westquip Diesel Sales, Wacker Neuson Group, Youngman Richardson & Co. Ltd, Inmesol, J C Bamford Excavators Ltd, Xylem Inc., Wanco Inc., MI Group, and The Will-Burt Company. Additional growth strategies such as expansion of storage capacities, acquisition, partnership and research & innovation in the optimization and improvement in efficiency of the battery and solar panels have led to attain key developments in the global mobile light tower market trends. For instance, Generac Mobile has developed an “all-in-one” mobile lighting tower offering a single machine with diesel, battery, hybrid, main power, and solar options. Also, Atlas Copco has introduced a new ultra-quiet, diesel-driven LED light tower in urban and residential areas, the renewed version of the HiLight B5+ light building is ideally suited to provide illumination at events, temporary public lighting, or enhanced visibility at construction sites near residential areas.

Key Benefits For Stakeholders

  • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the mobile light tower market analysis from 2021 to 2031 to identify the prevailing mobile light tower market opportunities.
  • The market research is offered along with information related to key drivers, restraints, and opportunities.
  • Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
  • In-depth analysis of the mobile light tower market segmentation assists to determine the prevailing market opportunities.
  • Major countries in each region are mapped according to their revenue contribution to the global market.
  • Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
  • The report includes the analysis of the regional as well as global mobile light tower market trends, key players, market segments, application areas, and market growth strategies.

Mobile Light Tower Market Report Highlights

Aspects Details
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Market Size By 2031

USD 3.1 billion

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Growth Rate

CAGR of 5.2%

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Forecast period

2021 - 2031

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Report Pages

331

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By Power Source
  • Diesel
  • Solar
  • Direct
  • Others
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By Lighting Type
  • Metal Halide
  • LED
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By Technology
  • Manual
  • Hydraulic
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By Application
  • Oil and Gas
  • Mining
  • Construction
    • Type
      • Highway Construction
      • Railway Line Construction
      • Bridge Construction
      • Others
  • Others
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By Region
  • North America  (U.S., Canada, Mexico)
  • Europe  (Germany, UK, France, Italy, Spain, Rest Of Europe)
  • Asia-Pacific  (China, Japan, India, South Korea, Australia, Rest Of Asia-Pacific)
  • LAMEA  (Brazil, Saudi Arabia, South Africa, Rest Of LAMEA)
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Key Market Players

Inmesol Gensets SL, J C Bamford Excavators Ltd, Doosan Portable Power, Generac Power Systems Inc., Westquip Diesel Sales, Wacker Neuson Group, Colorado Standby, Wanco Inc., The Will-Burt Company, BMI Group, Xylem Inc., Larson Electronics LLC, Youngman Richardson & Co. Ltd, Atlas Copco AB, Terex Corporation

Analyst Review

According to CXO Perspective, the global mobile light tower market is expected to witness increased demand during the forecast period, due to surge in the demand for construction activities in the developing countries and surge in the exploration for oil & gas resource in developed countries such as the U.S., the UK, and others have increased the demand for mobile light tower equipment.

The increase in the regulations in construction and industrial sector related to the safety of laborer has led to the demand for highly efficient and sustainable lighting system which led to increase in the demand for solar mobile light tower market.

The increase in the music, movie and sport events in stadium has led to demand for lighting systems for various special effects and other reasons. The surge in sport activities such as cricket, football, and other indoor games has driven the market growth.

The global mobile light tower market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. Among the analyzed regions, North America is expected to account for the highest revenue in the market throughout the forecast period, followed by Europe, Asia-Pacific, and LAMEA.

Author Name(s) : Marpu Vinod| Prakhar Jain | Eswara Prasad
Frequently Asked Questions?

The increase in investments in end-use industries and Adoption of solar and battery powered light towers are the key factors boosting the Mobile light tower market growth.

Construction industry is projected to increase the demand for Mobile light tower Market

Atlas Copco Group, Terex Corporation, Generac Power Systems Inc., Larson Electronics LLC, Doosan Portable Power, Colorado Standby, Westquip Diesel Sales, Wacker Neuson Group, Youngman Richardson & Co. Ltd, Inmesol, J C Bamford Excavators Ltd, Xylem Inc., Wanco Inc., MI Group, and The Will-Burt Company.

The market value of Mobile light tower in 2031 is expected to be $3.1 billion

The global mobile light tower market is segmented on the basis of by power source, lighting type, technology, application, and region. On the basis of power source, it is segmented into diesel, solar, direct, and others. On the basis of lighting type, it is segmented into metal halide, and LED. On the basis of technology, the market is segmented into manual and hydraulics. In addition, on the basis of application, the market is segmented into oil & gas, mining, construction, and others. Furthermore, construction segment is classified into, highway construction, railway construction, bridge construction, and others. Region wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA.

Increase in adoption in African continent due to presence of large mineral resources is the Main Driver of Mobile light tower Market.

After the vaccination initiatives among the developed and developing countries has led to gradual decline over the restriction over social distancing. Furthermore, the government has invested huge revenue in order to kick start the stagnant global economy through construction and mining industries. The presence of above-mentioned initiatives and policies will provide lucrative opportunities for the development of the market.

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Mobile Light Tower Market

Global Opportunity Analysis and Industry Forecast, 2021-2031