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North America Solar Light Tower Market Analysis

  • Report ID: GMI9108
  • Published Date: Apr 2024
  • Report Format: PDF

North America Solar Light Tower Market Analysis

Based on channel, the rental sector is forecasted to exceed USD 560 million by 2032. The substantial growth can be attributed to numerous factors including cost-effectiveness of the technology, as it eliminates need for large upfront investments in purchasing and maintaining these systems. Additionally, it provide flexibility, allowing companies to adjust number of light towers based on project requirements and duration. The robust demand for refurbishment projects in residential, commercial, and industrial sectors has also created a favourable environment for solar light tower rental services.
 

North America Solar Light Tower Market Revenue Share, By Product, 2023

Based on products, the mobile solar light towers market is estimated to register around 6% CAGR through 2032, surged by increasing demand for portable and flexible lighting solutions across industries. They offer numerous advantages, including ease of transportation, rapid deployment, and ability to function in remote or off-grid locations. These features have made them an attractive choice for temporary applications including construction sites, events, and emergency response scenarios. Additionally, increasing focus on sustainability and demand for eco-friendly alternatives to diesel light towers are driving popularity of mobile solar light towers. As infrastructure projects rise and interest in sustainable energy solutions grows, the mobile solar light tower market will significantly grow across the region.
 

U.S. Solar Light Tower Market Size, 2022 – 2032 (USD Million)

The U.S. solar light tower market is projected to surpass USD 613 million during forecasted period of 2024 to 2032. Country's thriving construction and infrastructure development sectors promotes the demand for light towers, thereby generating a substantial demand for solar light towers in various applications. Incentives and policies encouraging use of eco-friendly technologies have spurred the growth of market in country.
 

Authors: Ankit Gupta, Vishal Saini

Frequently Asked Questions (FAQ) :

The market size of North America solar light tower was reached USD 547.4 million in 2023 and will witness 6% CAGR till 2032, owing to the numerous benefits offered by solar light towers, including reducing energy consumption and carbon emissions.

The rental segment in the North America solar light tower market will record USD 560 million by 2032, attributed to cost-effectiveness of the technology, as it eliminates need for large upfront investments in purchasing and maintaining these systems.

The U.S. solar light tower market is projected to cross USD 613 million by 2032, with the thriving construction and infrastructure development sectors in the country.

Atlas Copco AB, Axiom Equipment Group, Caterpillar, Colorado Standby, DOMINIGHT LLC, Generac Mobile Products, Globe Power, GREENSKY MOBILE POWER & LIGHT, Herc Rentals Inc., National Signal Inc. and Pacific Highway Rentals

North America Solar Light Tower Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 19
  • Tables & Figures: 220
  • Countries covered: 3
  • Pages: 200
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