1 March, 2019: Light
Tower Market Research Report
Provides In-Depth Analysis by Scope, Growth Rate, Driving Factors,
Competitive Situation, Top Manufacturers and Upcoming Trends. Light Tower
Market report split global into several key Regions which mainly includes
Market Overview, Table of Content, List of Figures and Applications.
The Global Light Tower Market
is estimated to grow at a CAGR of 3.8% over the forecast period as the scope
and its applications are rising enormously across the globe. A tall structure
fitted with electric lights, typically used for outdoor brilliance is known as light
tower. The light tower is an exclusive product designed to deliver efficient,
reliable, and practical lighting solutions for industry, military, law
implementation, the emergency services and a variety of other users.
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Light Tower Market Segment
Key Applications
• Construction
• Mining
• Event
• Emergency Work
Key Regions
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
Key Vendors
• AllightPrimax
• Allmand Bros
• Atlas Copco
• Doosan
• Other
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Light tower is a strong, dependable and rapidly
deployable unit that has been tried and tested globally under the toughest
conditions and consistently delivered flawless performance. Light tower is a
simple yet reliable lighting unit, consisting of an adjustable tube of
semitransparent light diffusing material and generator unit. The light tower
can be powered by its own fuel-efficient 4-stroke generator or may connect to
mains power (240volt/50Hz).
Light Tower Market is segmented based on fuel type, light
type, end user, and region. Direct–Powered, Diesel–powered, and Solar–Powered
are the fuel types that could be explored in Light Tower in the forecast
period. The Diesel–powered sector accounted for the substantial market share of
Light Tower and is estimated to lead the overall market in the coming years.
this may be because of low maintenance, easy accessibility of fuel, high
consistency of diesel generator sets, and high storage capacity.
Globally, Asia Pacific accounted for the substantial
market share of Light Tower and is estimated to lead the overall market in the
coming years. The reason behind the overall market growth could be developing
construction industry and high investment in construction sector by
manufacturers in the developing countries. The developing countries like India
and China are the major consumers of Light Tower in this region. North America
and Europe are also estimated to have a positive influence on the future
growth. North America is the second largest region with significant market share.
The key players of Light Tower Market are Wacker Neuson, Generac Holding, Inc.,
Atlas Copco, Terex Corporation, and Doosan Corporation. These players are
concentrating on inorganic growth to sustain themselves amongst fierce
competition.
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