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Solar Light Tower Market Share

Report ID: GMI7180
Published Date: Oct 2023
Report Format: PDF

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Solar Light Tower Market Share

Atlas Copco has secured a significant market share in the solar light tower sector, driven by their commitment to delivering innovative and eco-friendly lighting solutions. Renowned for their reliability and efficiency, Atlas Copco's solar light towers meet the rising demand for sustainable and portable lighting systems. This has found applications across various sectors, including construction, mining, and infrastructure development in the Asia Pacific region. Leveraging advanced solar technology, sturdy construction, and intelligent monitoring capabilities, Atlas Copco caters to diverse industry needs. Positioned at the forefront of sustainable lighting solutions, the company is well-equipped to retain and expand its market share as the Asia Pacific region increasingly adopts renewable energy and eco-conscious practices.

Some of the key market players operating across the solar light tower industry are:

Progress Solar Solutions, LLC
Atlas Copco AB
Generac Mobile Products
Larson Electronics
Caterpillar
United Rentals, Inc.
Wacker Neuson SE
Trime S.r.l.
Colorado Standby
CleanLight
WANCO INC.
Biglux Innovation Ltd.
Sunbelt Rentals, Inc.
National Signal Inc.
GREENSKY MOBILE POWER & LIGHT
VERMAC
Herc Rentals Inc.

Authors: Ankit Gupta, Vishal Saini

Frequently Asked Questions (FAQ) :

The market size of solar light tower was worth USD 1.7 billion in 2023 and is projected to observe more than 7.9% CAGR from 2024 to 2032.

The LED lighting segment is expected to witness over 9% CAGR from 2023 to 2032 owing to their enhanced energy efficiency, increased brightness, and improved color accuracy.

The manual lifting technology segment is expected to observe over 7% CAGR from 2023 to 2032 as these units are manually operated, utilizing winches or cranks, making them highly portable, cost-effective, durable, and easy to operate.

Progress Solar Solutions, LLC, Atlas Copco AB, Generac Mobile Products, Larson Electronics, Caterpillar, United Rentals, Inc., Wacker Neuson SE, Trime S.r.l., Colorado Standby, CleanLight, WANCO INC., Biglux Innovation Ltd., Sunbelt Rentals, Inc., National Signal Inc., GREENSKY MOBILE POWER & LIGHT, VERMAC, and Herc Rentals Inc.