Light Towers - Global Strategic Business Report

Global Light Towers Market to Reach $7.5 Billion by 2030

The global market for Light Towers estimated at US$5.2 Billion in the year 2022, is projected to reach a revised size of US$7.5 Billion by 2030, growing at a CAGR of 4.6% over the analysis period 2022-2030. Metal Halide, one of the segments analyzed in the report, is projected to record 3.8% CAGR and reach US$4.1 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the LED segment is readjusted to a revised 5.6% CAGR for the next 8-year period.

The U.S. Market is Estimated at $1.4 Billion, While China is Forecast to Grow at 6.8% CAGR

The Light Towers market in the U.S. is estimated at US$1.4 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$1.6 Billion by the year 2030 trailing a CAGR of 6.8% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.4% and 4.2% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 2.7% CAGR.

Select Competitors (Total 16 Featured) -

• Allmand Bros., Inc.
• Atlas Copco AB
• Brandon Hire Limited
• Coates Hire
• Doosan Corporation
• Generac Holdings Inc.
• Himoinsa S.L.
• Ishikawa Machine Co., Ltd.
• John Nixon Ltd.
• Lambson's Hire
• Mainline Group
• Mhm, Ltd.
• Multiquip Inc.
• P & I Generators, Ltd.
• Perennial Technologies Pvt., Ltd.
• Terex Corporation
• The Will-Burt Company
• United Rentals, Inc.
• Wacker Neuson SE
• Wanco Inc.
• Xylem, Inc.
• Zahid Tractor & Heavy Machinery Co. Ltd.

What's New?

• Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
• Global competitiveness and key competitor percentage market shares
• Market presence across multiple geographies - Strong/Active/Niche/Trivial
• Online interactive peer-to-peer collaborative bespoke updates
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• Complimentary updates for one year