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Asia Pacific Light Tower Market Share

Report ID: GMI5807
Published Date: May 2023
Report Format: PDF

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Asia Pacific Light Tower Market Share

The Asia Pacific light tower market has experienced significant growth opportunities due to the emergence of cost-effective, compact, and efficient units. Key market players have formed collaborations with generator manufacturers, component manufacturers, raw material suppliers, and rental service providers to gain a competitive edge in the industry. Leading companies in the sector comprise

Doosan Portable Powe
Generac Power Systems, Inc.
Larson Electronics
Inmesol gensets
S.L.U.
Atlas Copco AB
Caterpillar
J C Bamford Excavators Ltd.
Multiquip, Inc.
Trime S.r.l.
Allmand Bros., Inc.
Wacker Neuson SE
Aska Equipments Private Limited

Authors: Ankit Gupta, Vishal Saini

Frequently Asked Questions (FAQ) :

The market size of Asia Pacific Light tower exceeded USD 1.7 billion in 2023 and is projected to witness 7.2% CAGR from 2024 to 2032, propelled by substantial investments in the construction industry, particularly in the development of transportation infrastructure.

The LED lighting solutions segment is poised to depict 8.5% growth between 2023 and 2032, as a result of supportive government regulations focused on reducing carbon emissions and promoting sustainable energy solutions.

Asia Pacific light tower industry size from the rental channel segment is anticipated to progress at 7.5% growth rate during 2023 to 2032, due to increasing refurbishment activities in residential, commercial, and industrial sectors.

China light tower sector accounted for prominent revenue share in 2022, attributed to ongoing construction operations, expansion of transportation networks, and the development of smart cities in the country.

Doosan Portable Power, Generac Power Systems, Inc., Larson Electronics, Inmesol gensets, S.L.U., Atlas Copco AB, Caterpillar, J C Bamford Excavators Ltd., Multiquip, Inc., Trime S.r.l., Allmand Bros., Inc., Wacker Neuson SE, and Aska Equipments Private Limited amongst others.