Light Towers Market: By Type, By Light Type, By Fuel Type, By End User and Region Forecast 2019-2030
Light Towers Market size was valued at US$ 3,846.2 million in 2023 and is poised to grow at a CAGR of 7.5% from 2024 to 2030. The global market provides a detailed overview of the market and that can be segmented by type, light type, fuel type, and end user. By type, the market has been segmented into Manual Light Tower, Solar Light Tower, Hydraulic Light Tower. The manual light tower segment is likely to be the largest and fastest-growing segment in terms of connectivity. Based on light type, the market is segmented into Metal Halide and LED. Among these, the Metal Halide segment is expected to have the fastest-growing market during the forecast period 2022-2028. Based on fuel type, the market is segmented into Diesel, Solar/Hybrid, Direct Power. Diesel is expected to dominate the market in the future. Based on end user, the market has been segmented into Events & Sports, Construction, Mining, Oil & Gas, Others. Events & Sports segment expected to grow at the highest CAGR over the forecast years according to Precision Business Insights.
Study Period
2024-2030Base Year
2023CAGR
7.5%Largest Market
North AmericanFastest Growing Market
Asia-Pacific
The market growth is attributed to factors such as the increasing investment in light towers operation in end-use industries such as construction, mining, oil & gas, and events & sports.
Report Benchmarks |
Details |
Report Study Period |
2024-2030 |
Market Size in 2023 |
US$ 3,846.2 million |
Market CAGR |
7.5% |
By Type |
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By Light Type |
|
By Fuel Type |
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By End User |
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By Region |
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The light towers market size was valued at US$ 3,846.2 million in 2023 and is poised to grow at a CAGR of 7.5% from 2024 to 2030.
The major players in the global market are Southern Cross Industrial Group Pty Ltd, DMI, Elentek srl, Atlas Copco, MPMC Powertech Corp., SOLTECH LLC, HIMOINSA, J C Bamford Excavators Ltd., Generac Power Systems, Inc, Multiquip Inc.
North America is the fastest-growing region for light towers market
1. Executive Summary |
2. Global Light Towers Market Introduction |
2.1. Global Light Towers Market - Taxonomy |
2.2. Global Light Towers Market -Definitions |
2.2.1. Type |
2.2.2. Light Type |
2.2.3. Fuel Type |
2.2.4. End-Use |
3. Global Light Towers Market Dynamics |
3.1. Drivers |
3.2. Restraints |
3.3. Opportunities/Unmet Needs of the Market |
3.4. Trends |
3.5. Global Light Towers Market Dynamic Factors - Impact Analysis |
3.6. Global Light Towers Market - Competition Landscape |
4. Global Light Towers Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 |
4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) |
4.3. Market Opportunity Analysis |
5. Global Light Towers Market Forecast, By Type, 2019 - 2023 and Forecast, 2024 - 2030 |
5.1. Mannual Light Tower |
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.1.3. Market Opportunity Analysis |
5.2. Solar Light Tower |
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.2.3. Market Opportunity Analysis |
5.3. Hydraulic Light Tower |
5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.3.3. Market Opportunity Analysis |
6. Global Light Towers Market Forecast, By Light Type, 2019 - 2023 and Forecast, 2024 - 2030 |
6.1. Metal Halide |
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.1.3. Market Opportunity Analysis |
6.2. LED |
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.2.3. Market Opportunity Analysis |
7. Global Light Towers Market Forecast, By Fuel Type, 2019 - 2023 and Forecast, 2024 - 2030 |
7.1. Diesel |
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.1.3. Market Opportunity Analysis |
7.2. Solar/Hybrid |
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.2.3. Market Opportunity Analysis |
7.3. Direct Power |
7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.3.3. Market Opportunity Analysis |
8. Global Light Towers Market Forecast, By End-Use, 2019 - 2023 and Forecast, 2024 - 2030 |
8.1. Events & Sports |
8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
8.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.1.3. Market Opportunity Analysis |
8.2. Construction |
8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
8.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.2.3. Market Opportunity Analysis |
8.3. Mining |
8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
8.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.3.3. Market Opportunity Analysis |
8.4. Oil & Gas |
8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
8.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.4.3. Market Opportunity Analysis |
8.5. Others |
8.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
8.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.5.3. Market Opportunity Analysis |
9. Global Light Towers Market Forecast, By Region, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)Â |
9.1. North America |
9.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
9.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
9.1.3. Market Opportunity Analysis |
9.2. Europe |
9.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
9.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
9.2.3. Market Opportunity Analysis |
9.3. Asia-Pacific |
9.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
9.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
9.3.3. Market Opportunity Analysis |
9.4. Latin America |
9.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
9.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
9.4.3. Market Opportunity Analysis |
9.5. Middle East and Africa |
9.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
9.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
9.5.3. Market Opportunity Analysis |
9.6. Global Light Towers Market - Opportunity Analysis Index, By Type, By Light, By Fuel, By End-User, and Region, 2024 - 2030 |
10. North America Light Towers Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)Â |
10.1. Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
10.1.1. Mannual Light Tower |
10.1.2. Solar Light Tower |
10.1.3. Hydraulic Light Tower |
10.2. Light Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
10.2.1. Metal Halide |
10.2.2. LED |
10.3. Fuel Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
10.3.1. Diesel |
10.3.2. Solar/Hybrid |
10.3.3. Direct Power |
10.4. End-Use Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
10.4.1. Events & Sports |
10.4.2. Construction |
10.4.3. Mining |
10.4.4. Oil & Gas |
10.4.5. Others |
10.5. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
10.5.1. USA |
10.5.2. Canada |
10.6. North America Light Towers Market - Opportunity Analysis Index, By Type, By Light, By Fuel, By End-User and Country, 2024 - 2030 |
10.7. North America Light Towers Market Dynamics - Trends |
11. Europe Light Towers Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)Â |
11.1. Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
11.1.1. Mannual Light Tower |
11.1.2. Solar Light Tower |
11.1.3. Hydraulic Light Tower |
11.2. Light Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
11.2.1. Metal Halide |
11.2.2. LED |
11.3. Fuel Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
11.3.1. Diesel |
11.3.2. Solar/Hybrid |
11.3.3. Direct Power |
11.4. End-Use Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
11.4.1. Events & Sports |
11.4.2. Construction |
11.4.3. Mining |
11.4.4. Oil & Gas |
11.4.5. Others |
11.5. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
11.5.1. Germany |
11.5.2. UK |
11.5.3. France |
11.5.4. Spain |
11.5.5. Italy |
11.5.6. Russia |
11.5.7. Poland |
11.5.8. Rest of Europe |
11.6. Europe Light Towers Market - Opportunity Analysis Index, By Type, By Light, By Fuel, By End-User and Country, 2024 - 2030 |
11.7. Europe Light Towers Market Dynamics - Trends |
12. Asia-Pacific Light Towers Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)Â |
12.1. Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
12.1.1. Mannual Light Tower |
12.1.2. Solar Light Tower |
12.1.3. Hydraulic Light Tower |
12.2. Light Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
12.2.1. Metal Halide |
12.2.2. LED |
12.3. Fuel Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
12.3.1. Diesel |
12.3.2. Solar/Hybrid |
12.3.3. Direct Power |
12.4. End-Use Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
12.4.1. Events & Sports |
12.4.2. Construction |
12.4.3. Mining |
12.4.4. Oil & Gas |
12.4.5. Others |
12.5. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
12.5.1. Japan |
12.5.2. China |
12.5.3. India |
12.5.4. ASEAN |
12.5.5. Australia & New Zealand |
12.5.6. Rest of Asia-Pacific |
12.6. Asia-Pacific Light Towers Market - Opportunity Analysis Index, By Type, By Light, By Fuel, By End-User and Country, 2024 - 2030 |
12.7. Asia-Pacific Light Towers Market Dynamics - Trends |
13. Latin America Light Towers Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)Â |
13.1. Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
13.1.1. Mannual Light Tower |
13.1.2. Solar Light Tower |
13.1.3. Hydraulic Light Tower |
13.2. Light Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
13.2.1. Metal Halide |
13.2.2. LED |
13.3. Fuel Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
13.3.1. Diesel |
13.3.2. Solar/Hybrid |
13.3.3. Direct Power |
13.4. End-Use Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
13.4.1. Events & Sports |
13.4.2. Construction |
13.4.3. Mining |
13.4.4. Oil & Gas |
13.4.5. Others |
13.5. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
13.5.1. Brazil |
13.5.2. Mexico |
13.5.3. Argentina |
13.5.4. Rest of Latin America |
13.6. Latin America Light Towers Market - Opportunity Analysis Index, By Type, By Light, By Fuel, By End-User and Country, 2024 - 2030 |
13.7. Latin America Light Towers Market Dynamics - Trends |
14. Middle East and Africa Light Towers Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)Â |
14.1. Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
14.1.1. Mannual Light Tower |
14.1.2. Solar Light Tower |
14.1.3. Hydraulic Light Tower |
14.2. Light Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
14.2.1. Metal Halide |
14.2.2. LED |
14.3. Fuel Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
14.3.1. Diesel |
14.3.2. Solar/Hybrid |
14.3.3. Direct Power |
14.4. End-Use Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
14.4.1. Events & Sports |
14.4.2. Construction |
14.4.3. Mining |
14.4.4. Oil & Gas |
14.4.5. Others |
14.5. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
14.5.1. Gulf Cooperation Council (GCC) Countries |
14.5.2. Israel |
14.5.3. South Africa |
14.5.4. Rest of MEA |
14.6. MEA Light Towers Market - Opportunity Analysis Index, By Type, By Light, By Fuel, By End-User and Country, 2024 - 2030 |
14.7. MEA Light Towers Market Dynamics - Trends |
15. Competition Landscape |
15.1. Strategic Dashboard of Top Market Players |
15.2. Company Profiles (Introduction, Financial Analysis, Feedstock Material & Service Offerings, Key Developments, Strategies, and SWOT Analysis) |
15.2.1. Southern Cross Industrial Group Pty Ltd |
15.2.2. DMI |
15.2.3. Elentek srl |
15.2.4. Atlas Copco |
15.2.5. MPMC Powertech Corp. |
15.2.6. SOLTECH LLC |
15.2.7. HIMOINSA |
15.2.8. J C Bamford Excavators Ltd. |
15.2.9. Generac Power Systems, Inc |
15.2.10. Multiquip Inc. |
16. Research Methodology |
17. Key Assumptions and Acronyms |
Key Market Players