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Global Light Towers Market to reach USD 6.37 billion by 2027

Global Light Towers Market Size study, by Market type (Sales, rental), by light type (Metal Halide, LED) By Fuel Type (Diesel, Solar/Hybrid, Direct Power) By End-User (Oil & Gas, Mining, Construction) and Regional Forecasts 2020-2027

Product Code: OIRIGAS_15671764
Publish Date: 15-11-2020
Page: 200

Global Light Towers Market is valued at approximately USD 4.07 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 5.7% over the forecast period 2020-2027. A light tower is a type of mobile equipment which is having more than one high-intensity electric lamps. Light towers have many applications including mining, road works, entertainment, oil and gas etc. In today’s market scenario, light towers race used as solar panels with fuel generators. The rise in global demand of high energy due to growing population and developing economy is resulting the accelerating the operations in oil and gas industry which in turn is the key factor for the light tower market growth. According to Statista forecast, 2019 , nearly 4.5 billion metric tons of oil is produced worldwide every year, with the Middle East housing the greatest share of proved oil reserves, at close to 50 percent. Therefore, this factor may strengthen the adoption for Light Towers market across the globe. Moreover, the growing advancements in LED as it is most convenient to convert energy into light and is long lasting, are the few factors responsible for the CAGR of the market during the forecast period. However, battery problems and high maintenance of the towers are the factors that restraining the market growth over the forecast period of 2020-2027.

The regional analysis of the global Light Towers market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to presence of massive number of light tower manufacturers in the region. Whereas North America is also anticipated to exhibit the highest growth rate / CAGR over the forecast period 2020-2027, owing to huge investment in infrastructure development and oil & gas exploration activities.

Major market player included in this report are:

Generac Holding
Atlas Copco AB
Terex Corporation
Larson Electronics LLC
Wacker Neuson
Doosan Portable Power
United Rental
Colorado Standby
Xylem Inc.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Market Type:

By Light Type:
Metal Halide

By Fuel Type
Direct Power

By End-User
Oil & Gas

By Region:
North America

Asia Pacific
South Korea
Latin America
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027

Target Audience of the Global Light Towers Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Billion)
1.2.1. Light Towers Market, by Region, 2018-2027 (USD Billion)
1.2.2. Light Towers Market, by Market Type, 2018-2027 (USD Billion)
1.2.3. Light Towers Market, by Light Type, 2018-2027 (USD Billion)
1.2.4. Light Towers Market, by Fuel Type, 2018-2027 (USD Billion)
1.2.5. Light Towers Market, by End user, 2018-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Light Towers Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Light Towers Market Dynamics
3.1. Light Towers Market Impact Analysis (2018-2027)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global Light Towers Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2017-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Light Towers Market, by Market Type
5.1. Market Snapshot
5.2. Global Light Towers Market by Market Type, Performance – Potential Analysis
5.3. Global Light Towers Market Estimates & Forecasts by Market Type 2017-2027 (USD Billion)
5.4. Light Towers Market, Sub Segment Analysis
5.4.1. Sales
5.4.2. Rental
Chapter 6. Global Light Towers Market, by Light Type
6.1. Market Snapshot
6.2. Global Light Towers Market by Light Type, Performance – Potential Analysis
6.3. Global Light Towers Market Estimates & Forecasts by Light Type 2017-2027 (USD Billion)
6.4. Light Towers Market, Sub Segment Analysis
6.4.1. Metal Halide
6.4.2. LED
Chapter 7. Global Light Towers Market, by Fuel Type
7.1. Market Snapshot
7.2. Global Light Towers Market by Light Type, Performance – Potential Analysis
7.3. Global Light Towers Market Estimates & Forecasts by Light Type 2017-2027 (USD Billion)
7.4. Light Towers Market, Sub Segment Analysis
7.4.1. Diesel
7.4.2. Solar/Hybrid
7.4.3. Direct Power
Chapter 8. Global Light Towers Market, by End user
8.1. Market Snapshot
8.2. Global Light Towers Market by Light Type, Performance – Potential Analysis
8.3. Global Light Towers Market Estimates & Forecasts by Light Type 2017-2027 (USD Billion)
8.4. Light Towers Market, Sub Segment Analysis
8.4.1. Oil & Gas
8.4.2. Mining
8.4.3. Construction
Chapter 9. Global Light Towers Market, Regional Analysis
9.1. Light Towers Market, Regional Market Snapshot
9.2. North America Light Towers Market
9.2.1. U.S. Light Towers Market Market Type breakdown estimates & forecasts, 2017-2027 Light Type breakdown estimates & forecasts, 2017-2027 Fuel Type breakdown estimates & forecasts, 2017-2027 End user breakdown estimates & forecasts, 2017-2027
9.2.2. Canada Light Towers Market
9.3. Europe Light Towers Market Snapshot
9.3.1. U.K. Light Towers Market
9.3.2. Germany Light Towers Market
9.3.3. France Light Towers Market
9.3.4. Spain Light Towers Market
9.3.5. Italy Light Towers Market
9.3.6. Rest of Europe Light Towers Market
9.4. Asia-Pacific Light Towers Market Snapshot
9.4.1. China Light Towers Market
9.4.2. India Light Towers Market
9.4.3. Japan Light Towers Market
9.4.4. Australia Light Towers Market
9.4.5. South Korea Light Towers Market
9.4.6. Rest of Asia Pacific Light Towers Market
9.5. Latin America Light Towers Market Snapshot
9.5.1. Brazil Light Towers Market
9.5.2. Mexico Light Towers Market
9.6. Rest of The World Light Towers Market
Chapter 10. Competitive Intelligence
10.1. Top Market Strategies
10.2. Company Profiles
10.3. Colorado Standby Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
10.3.2. Generac Holding
10.3.3. Atlas Copco AB
10.3.4. Terex Corporation
10.3.5. Larson Electronics LLC
10.3.6. Wacker Neuson
10.3.7. Doosan Portable Power
10.3.8. United Rental
10.3.9. Xylem Inc.
10.3.10. INMESOL S.L.U, JCB
Chapter 11. Research Process
11.1. Research Process
11.1.1. Data Mining
11.1.2. Analysis
11.1.3. Market Estimation
11.1.4. Validation
11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption

The study of the market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geographies to provide a better regional outlook. In the report, country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. Our analysts contact company executives, managers, key opinion leaders, and industry experts. This enables our analyst to derive the closest possible figures without any major deviations in the actual number.

Primary Research Sources:

  • Interview conducted with raw material suppliers & manufacturers.
  • Interview conducted with manufacturers, suppliers & distributors, researchers, & representatives of regulatory bodies.
  • Interview conducted with market players, industry experts, & independent consultants.
  • Secondary Research Sources:
  • Purchased Database: D&B Hoovers, Bloomberg, Inc., Business Information Industry Association, NAICS Association.
  • Internal Database: White papers, Certified Publications, Articles by Recognized Authors and Regulatory Bodies.
  • Government Databases: Food and Agriculture Organization (FAO), European Industrial Hemp Association (EIHA), World Health Organization (WHO), Food and Drug Administration (FDA), International Telecommunication Union (ITU), United States Department of Agriculture (USDA), International organization of Motor Vehicle Manufacturers (OICA).

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