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North America Light Tower Market Trends

Report ID: GMI7197
Published Date: Oct 2023
Report Format: PDF

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North America Light Tower Market Trends

The light tower market in North America is witnessing several notable trends, due to the growing emphasis on energy efficiency and environmental sustainability, leading to the adoption of LED lighting technology in light tower designs, reducing energy consumption and emissions. The integration of advanced telematics and remote monitoring systems has improved operational efficiency and maintenance, enhancing the overall functionality of light towers. In addition, shift toward versatile and mobile light towers with features like solar power options and hybrid models reflects the market's response to demand for flexible, eco-friendly solutions.

Authors: Ankit Gupta, Vishal Saini

Frequently Asked Questions (FAQ) :

The market size of North America light tower was worth USD 1.8 billion in 2022 and is estimated to surpass USD 2.9 billion by 2032.

The North America light tower market from rental segment is expected to exhibit over 5.5% CAGR from 2023 to 2032, owing to cost-effectiveness, streamlined logistics, ready availability, and convenient maintenance & support.

U.S light tower market was valued at over USD 1.3 billion in 2022 and is anticipated to cross 1.9 billion by 2032, owing to the growth of infrastructure and construction projects, including roadwork, building construction, and oil & gas operations.

Doosan Portable Power, Generac Power Systems, Inc., LARSON Electronics, Atlas Copco AB, Caterpillar, United Rentals, Inc., J C Bamford Excavators Ltd., Multiquip Inc., Wacker Neuson SE, Trime S.r.l., Colorado Standby, Chicago Pneumatic, Allmand Bros Inc., and Aska Equipments Private Limited.