Press release
Light Towers Market to Witness Robust Expansion by 2023
A light towers is a kind of mobile equipment which has high-intensity electric lamps used in construction, mining, road and bridge construction, emergency and disaster relief, general construction, oil and gas work, special events and other application fields.
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Global Light Towers Market: Forecast by Type / Application / Region
The global market size of light towers is about 60000 units in total in 2015. There has been moderate growth (CAGR of 3.62%) from 2011 to 2015, and we expect global market will not grow greatly in future.
The main customers of light towers are the companies in many industries like coal industry, mining industry, oil industry, etc.
Currently, Europe and North America are the two largest consumption regions, which account for more than half of total consumption amount. However, R&D spending in emerging markets such as China, India are increasing, driving the market grow steadily in the short-term future.
Over the next five years, LPI(LP Information) projects that Light Towers will register a 0.2% CAGR in terms of revenue, reach US$ 770 million by 2023, from US$ 760 million in 2017.
Global Light Towers Market: Key Players
Generac
Terex
Atlas Copco
Doosan Portable Power
Allmand
AllightSykes
Wacker Neuson
Yanmar
JCB
Wanco
Multiquip
Powerbaby
Ocean's King
Hangzhou Mobow
Ishikawa
Zhenghui
XuSheng Illumination
GTGT
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Related Information:
United States Light Towers Market Research Report 2018
Europe Light Towers Market Research Report 2018
North America Light Towers Market Research Report 2018
Asia-Pacific Light Towers Market Research Report 2018
China Light Towers Market Research Report 2018
EMEA Light Towers Market Research Report 2018
Global Light Towers Market Research Report 2018
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