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North America LED Light Tower Market Size

Report ID: GMI8865
Published Date: Apr 2024
Report Format: PDF

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North America LED Light Tower Market Size

North America LED Light Tower Market size was accessed at USD 1.1 billion in 2023 and is projected to grow at a CAGR of 5.7% between 2024 and 2032. The growing demand for energy-efficient and environment friendly lighting solutions across various industries such as construction, events, and emergency services is fuelling market growth. Additionally, advancements in LED technology, offering superior brightness, durability, energy efficiency and compatibility with various power sources, continue to drive adoption.

North America LED Light Tower Market

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For instance, Generac Power Systems Inc. launched the V20 PRO lighting tower in 2021, engineered for seamless compatibility with various power sources such as battery, diesel, hybrid, solar and external power sources, which in turn is anticipated to grow its penetration across the region.

North America LED Light Tower Market Report Attributes
Report Attribute	Details
Base Year:	2023
North America LED Light Tower Market Size in 2023:	USD 1.1 Billion
Forecast Period:	2024 - 2032
Forecast Period 2024 - 2032 CAGR:	5.7%
2032 Value Projection:	USD 1.9 Billion
Historical Data for:	2019 to 2023
No. of Pages:	220
Tables, Charts & Figures:	267
Segments covered:	Channel, Product, Power Source, Technology, Application
Growth Drivers:	Rising safety concerns in the construction sector Soaring infrastructural funding Increasing focus on energy efficiency Technological advancements
Pitfalls & Challenges:	High capital, installation & maintenance cost Shifting trends toward renewable energy

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Authors: Ankit Gupta, Vishal Saini

Frequently Asked Questions (FAQ) :

The market size for LED light tower in North America reached USD 1.1 billion in 2023 and is set to witness 5.7% CAGR up to 2032, led by the growing demand for energy-efficient and environmentally friendly lighting solutions across various industries.

North America rental LED light tower segment is poised to cross USD 1 billion by 2032, fueled by its flexibility and cost-effectiveness offered to end-users.

U.S. LED light tower industry is projected to reach USD 1.2 billion by 2032, driven by growing demand for energy-efficient lighting solutions across industries, spurred by environmental concerns.

Aska Equipments Private Limited, Allmand Bros Inc., Atlas Copco AB, Boss LTG, Caterpillar, Chicago Pneumatic, Colorado Standby, DMI, DOMINIGHT LLC, Doosan Portable Power among others.