Light Tower Rental Market Size - By Lighting, By Power Source, By Technology, By Application, Analysis, Share, & Forecast, 2025 - 2034

Report ID: GMI5822
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Published Date: April 2025
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Report Format: PDF

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Light Tower Rental Market Size

The global light tower rental market was valued at USD 3.5 billion in 2024 and is estimated to reach the value of USD 6.7 billion by 2034, growing at a CAGR of 6.6% from 2025 to 2034, driven by increasing infrastructure development, construction activities, and emergency response needs.
 

Light Tower Rental Market

The market growth is driven by demand from oil & gas, mining, and events industries that require temporary lighting solutions. The adoption of LED-based towers and hybrid or solar-powered units improves operational efficiency and environmental sustainability, meeting the needs of environmentally conscious users. The Department of Energy implemented Protocol 2023 reducing the energy use for all types of bulbs by 25%, which in turn drives the demand for efficient light towers.
 

Economic factors, including demand on a seasonal basis affect market dynamics across the globe and also the rental price. The ongoing growth in EV manufacturing across the world will drive the growth of construction activities, which complement the service adoption. In 2023, the CARB (California Air Resources Board) approved their funding plan towards incentive programs for CARB that aim to assist California in transitioning towards zero-emission vehicles in the sum of almost USD 624 million dollars.
 

The product design and development process are held back by environmental regulations pertaining to emissions and noise and others. The market is still on the rise with backing from surging urbanization, remote field site operations, and emergency services operations that entail portable lighting solution. For example, the EU has set plans to strengthen investment in the power grids in the continent, setting aside USD 638.6 billion for the upgrade by 2030, which will enhance the market growth.
 

Light Tower Rental Market Trends

  • The light tower rental industry is transforming greatly through industry needs and technological advancements. The use of light emitting diode (LED) and solar powered light towers keeps rising because they are environmentally friendly, have lower maintenance, and are environmentally compliant.
     
  • The application of hybrid light towers with battery storage and diesel generators is on the rise as they cut down on fuel usage and emissions. The market demand continues to be supported by infrastructure development, oil and gas activities, and outdoor events. In March 2022, The DOE implemented energy saving regulations for federal buildings and suggested new standards for appliances that would reduce energy usage, emissions, and expenses.
     
  • The integration of digital technologies, including telematics and remote monitoring systems, improves fleet management and operational efficiency. Rental companies now offer flexible leasing options and expanded services to maintain their customer base. In October 2022, the FHWA set aside USD 59.9 billion for twelve infrastructure programs in FY 2023 that cover funding emission reduction and safety activities to improve transportation effectiveness.
     
  • Manufacturers of construction equipment are transitioning to a stricter mark of light safety, with the production of low-noise and low fuel consumption light towers. In June 2021, Atlas Copco introduced the HiLight S2+, a new solar powered light tower that meets sustainable operating goals.
     

Light Tower Rental Market Analysis

Light Tower Rental Market Size, By Lighting, 2022 - 2034 (USD Billion)
  • Based on channel segment market is divided into sales and channel, experiencing significant trends. The global market for light tower rental was valued at USD 3 billion, USD 3.3 billion and USD 3.5 billion in 2022, 2023 and 2024 respectively and is expected to grow over USD 6 billion by 2034. LED lighting dominates the market and will cross USD 4 billion by 2034.
     
  • The rise in the adoption of LED lighting towers can be attributed to their lower energy usage coupled with a longer life span as well as lower maintenance costs in comparison to older units that used metal halides. LEDs are more preferable than other lighting solutions as LED bulbs use less energy while having greater illumination power and emit less heat.
     
  • While still in operation, metal halide light towers are facing declining use due to an increase in fuel consumption and a high frequency of bulb replacements. There being an increase of interest in the use of these light towers for construction and events for their electric powered features due to their noiseless and emissionless nature.
     
  • The Environmental Protection Agency (EPA) placed tough emission limits on non-road diesel engines, which includes light tower usage, in January 2023. These measures have further been implemented for light rental businesses.
     
  • To comply with regulations and minimize costs, new lighting features will be added to the rental business, therefore developing and deploying solar hybrid models. The Solar Energy Technologies Office (SETO) of the U.S. Department of Energy has released the funding opportunity notice for the SolWEB2 project which aims to improve the integration of wildlife and agricultural practices into large-scale solar (LSS) projects. This funding opportunity is priced at USD 11 million.
     
Light Tower Rental Market Revenue Share, By Power Source, 2024
  • The power sources in the light tower rental market include diesel, solar, direct and others. The diesel segment holds 43% of market share and is anticipated to grow at over 5% CAGR through 2034. The industry continues to lean towards using diesel powered light towers because of their efficiency and high light yield in remote or off-the-grid areas.
     
  • Nonetheless, increasing fuel costs and environmental considerations have sparked interest in new alternatives. Recently, the U.S. EPA implemented a nationwide strategy to cut back the emissions of non-road diesel engines by systemically streamlining engine and fuel controls to achieve maximum emission reductions.
     
  • Solar-powered light towers gain market share through their zero-emission operation, reduced operating costs, and suitability for noise-sensitive environments. The use of direct powered (electric) light towers is on the rise in urban construction sites and events which have access to a grid, offering a more eco-friendly solution than diesel powered units. In 2023 the California Energy Commission allocated funding for clean energy projects to the sum of USD 1.4 billion.
     
  • Hybrid light towers that incorporate diesel along with solar or battery storage systems are able to balance operational dependability with environmental sustainability in rental market applications. The U.S. Department of Energy’s Solid State Lighting Program reported energy consumption in mobile light towers with LEDs could fall by 75% by the year 2035.
     
U.S. Light Tower Rental Market Size, 2022 – 2034 (USD Million)
  • The U.S. light tower rental market experienced a significant growth in 2022, 2023 and 2024 and was valued at USD 719.3 million, USD 760.1 million and USD 804.7 million respectively. The growth is estimated to cross over USD 1 billion by 2034.
     
  • The market is predominantly fueled by construction as well as oil, gas, and infrastructure projects. Adoption of LED powered units and solar powered units has increased due to sustainability goals and emissions policies. There is rising demand in the market for remote monitoring technologies and hybrid models.
     
  • Rental companies are expanding their fleets and offering flexible leasing options to address industry requirements and maintain regulatory compliance. The goal of U.S. Department of Energy’s (DOE) Building Technologies Program is to reduce energy use intensity for buildings by 30% valued at USD 100 billion by 2030 with the use of their Commercial Buildings Integration Program. This has resulted in the adoption of more effective lighting equipment such as LED light towers.
     
  • The rise of European market for light tower rentals is due to the emission control policies as well as the civil works. The sustainability policies result in increased market's demand towards hybrid and electric powered light towers.
     
  • Germany is spearheading the region due to its renewable energy addition programs and construction law, which in turn propels the light tower rental industry across the nation. In March 2025, Germany planned to spend USD107.75 billion to promote renewables and reduce emissions through climate and energy transition spending.
     
  • The consistent urbanization and the infrastructural developments along with night-hour construction work that is underway have contributed to the expansion in the nighttime economy of the Asia Pacific region. In addition to this, government expenditure on smart city vision and transport systems reinforces the demand for light rental towers.
     
  • Due to heavy industrialization, extensive road networks, and the adoption of lighting in the mining and construction industries, China has the highest market share. Recently, in 2024, China started over 60,000 urban development schemes with an investment of USD 404.4 billion, which will be used to make these growing cities more smart and resilient centers by the year 2025.
     
  • The growth in the Africa and Middle East light tower rental market stems from oil and gas projects as well as infrastructure development, as well as active megaprojects. There is notable need for solar hybrid and diesel light towers because of the harsh environments and remote operational locations. Saudi Arabia, with its immense construction work under Vision 2030, continues to lead the region.
     
  • To stimulate economic growth in the longer term, Saudi Arabia plans to spend USD 1 trillion in infrastructure investment in 2025. This effort focuses on expanding urban transportation, energy, and overall infrastructure development in line with the objectives of diversifying the economy and creating opportunities for foreign investment under Vision 2030.
     

Light Tower Rental Market Share

The top 6 companies in the light tower rental industry include United Rentals, The Home Depot, Caterpillar, HSS Hire Group, Cooper Equipment Rentals, and BigRentz, which collectively held more than 40% market share in 2024. These organizations maintain substantial market positions through their established regional and national networks, large rental fleets, and broad customer bases across construction, industrial, and event sectors.
 

United Rentals has a substantial share of the light tower rental market due to its fleet size and operations spread worldwide. The company has many customers in construction, industrial as well as in events. The strong financial standing of the company allows it to continually invest in new lighting equipment such as LEDs and hybrids.
 

The company increases its market share by providing full service, offering favorable rental terms, and using digital fleet management systems. In September 2022, United Rentals alongside other operators broadens green assets, and assists users in monitoring their carbon footprint using electric cars, advanced technologies, and Total Control max systems.
 

Light Tower Rental Market Companies

  • The Home Depot utilizes its network of stores across North America to participate in the sales and rentals of portable light towers. The company focuses on contractors and do-it-yourself clientele that require portable lighting for short stints or emergencies. In May of 2022, The Home Depot Ventures started with an investment fund of USD 150 million to capitalize on startups focusing on technological advancement and further remodeled their market strategy to be more effective and less costly.
     
  • Caterpillar CAT Rental Stores have light tower rentals available for use in construction, mining and other industrial applications. The company's extensive distribution contacts and the long life of their equipment increases the efficiency of projects in the infrastructure and energy sectors that need lighting. The company’s revenue in 2024 was USD 3.49 billion which is a 7% increase from the previous year.
     
  • HSS Hire Group operates in the UK equipment hire sector, where it rents out light towers for construction, events, and industrial purposes. The company upholds its market share through systems such as LED lighting, flexible rentals, and customer service options. In the former half of 2024, the company reported a revenue of USD 183.83 million, out of which the equipment hire segment generated USD 130.32 million.
     
  • Cooper Equipment Rentals provides light towers for construction, infrastructure, and emergency services throughout Canada. The company leverages its geographical foothold with adaptable rental conditions to cater to different industrial needs. In 2025, Cooper Equipment Rentals bolstered its market presence with the purchase of three additional companies, enhancing the firm's rental fleet and service capabilities.
     
  • BigRentz offers light towers and other construction tools and machinery on their rental marketplace. The company has developed a nationwide platform that allows customers and suppliers of rental services to instantly connect with each other. BigRentz achieved a landmark milestone in 2024 when the company opened over 10,000 partnered locations as part of the equipment rental network.
     

Key players operating across the light tower rental market include:

  • Access Hire Australia
  • BigRentz
  • Caterpillar
  • Cooper Equipment Rentals
  • Guys Rents
  • The Home Depot
  • HSS Hire Group
  • Larson Electronics
  • MacAllister Machinery
  • Modern Energy Rental
  • Pro Tool & Supply
  • RentalYard
  • Sudhir Power
  • The Duke Company
  • United Rentals
     

Light Tower Rental Industry News

  • In February of 2025, Cooper Equipment Rentals fortified its rental fleet and service capabilities through three acquisitions. These acquisitions are strategically positioned in key regions, facilitating industrial and construction growth. This is part of Cooper's overall strategy to enhance high quality rental services throughout the rest of Canada.
     
  • In February of 2024, BigRentz marked an important achievement by broadening its network of affiliate equipment rental locations to above ten thousand. Such added locations will improve the company’s provision of construction equipment on a national scale, which ascertains the company’s role as a digital rental marketplace leader, specialized in serving the needs of contractors and businesses through simplified and efficient processes.
     
  • In March 2024, Larson Electronics introduced a new product, which is a portable solar LED light tower of 30-feet height, for use with security systems and cameras. It features a rotating telescopic mast which rotates up to 360 degrees and is powered by four 250aH batteries and two 265-watt solar panels, offering five days of constant power with no light. Constructed to be durable, it resists 125 mph winds.
     

This light tower rental market research report includes in-depth coverage of the industry with estimates & forecast in terms of “USD Million” from 2021 to 2034, for the following segments:

Market, By Lighting

  • Metal Halide
  • LED
  • Electric
  • Others

Market, By Power Source

  • Diesel
  • Solar
  • Direct
  • Others

Market, By Technology

  • Manual lifting systems
  • Hydraulic lifting systems

Market, By Application

  • Construction
  • Infrastructure development
  • Oil & gas
  • Mining
  • Military & defense
  • Emergency & disaster relief
  • Others

The above information has been provided for the following regions and countries:

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
    • Russia
  • Asia Pacific
    • China
    • Japan
    • India
    • Australia
    • South Korea
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • Qatar
    • Iran
    • South Africa
  • Latin America
    • Brazil
    • Argentina
    • Chile
Authors: Ankit Gupta, Vishal Saini
Frequently Asked Question(FAQ) :
How big is the light tower rental market?
The light tower rental market was valued at USD 3.5 billion in 2024 and is expected to reach around 6.7 billion by 2034, growing at 6.6% CAGR through 2034.
What will be the size of LED lighting segment in the light tower rental industry?
How much market size is expected from U.S. light tower rental market by 2034?
Who are the key players in light tower rental market?
Light Tower Rental Market Scope
  • Light Tower Rental Market Size
  • Light Tower Rental Market Trends
  • Light Tower Rental Market Analysis
  • Light Tower Rental Market Share
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    Base Year: 2024

    Companies covered: 15

    Tables & Figures: 23

    Countries covered: 22

    Pages: 128

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