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North America LED Light Tower Market Trends

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

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North America LED Light Tower Market Trends

The North America LED light tower industry is experiencing steady growth due to increasing demand for energy-efficient lighting solutions across construction, oil & gas, and infrastructure sectors. Growing collaborations and partnerships amongst key players further fuel the market growth. In January 2021, Atlas Copco AB announced that it has partnered with Tracpart Mining Supplies, a provider of spare parts for the mining and agricultural sectors, to supply four V5+ LED light towers mounted on custom-designed double-axle trailers. Additionally, the trend towards rental services for LED light towers is gaining traction, offering cost-effective and flexible solutions to end-users.

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.