Light Tower Market 2020 Industrial Demand, Analysis, Forecasts Share to 2028 | Atlas Copco, Olikara Lighting Towers Pvt. Ltd, Aska Equipments Limited, Doosan Portable Power, and Progress Solar Solution.

Global Light Tower Market Projected to Grow due to Increasing Applications in Various Sectors

The need for light towers has increased, as work needs to be carried out in remote locations with no power supply and for the safety of the workers. Extraction of oil & gas, minerals, etc., in remote areas have light towers operated by diesel generators as a source to provide electricity for the light. However, nowadays, solar panels, hydrogen fuel cells, etc., are also used for power supply. Light towers are rainproof and resist wind speeds and other environmental factors. High growth of end-use industry such as construction, oil & gas, industrial, mining, & others in the emerging regions is expected to drive the demand of light tower market during the forecast period.

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Key Takeaways of the Light Tower Market Study
1. Light towers are used for outdoor remote operations or locations that are difficult to connect with the main power grid. These operations involve construction activity (remote as well as general), oil & gas industry operations, mining operation, and emergency and rescue operation.
2. Being mobile and portable, light towers can be moved easily from one location to another in an onsite operation. Apart from these industrial applications, light towers can illuminate remote and distant villages.
3. Light tower units are equipped with solar panels as well as backup fuel generators. These units can provide carbon-free, emission-less, renewable power to remote locations.
4. The ever-increasing demand for energy has accelerated operations in the oil & gas industry and the mining industry. This is one of the major drivers for the light towers market.
5. North America is emerging as one of the leading exporters of fossil fuel, owing to increased shale oil exploration and drilling activities in the region. These activities require light towers for routine operations.

Notable Development Trends to Open up New Horizons of Growth for Light Tower Market
The leading companies in the market focus on product development as well as the acquisition in the market to enhance the market share in the global market during the forecast period.
1. In January 2019, Generac introduced its Generac Mobile and Generac Pro rental equipment industry solutions. Generac Mobile deals with mobile light towers, generators, heaters, pumps, and dust suppression solutions while Generac Pro deals with rugged outdoor power equipment for residential, commercial, and municipal needs.
2. In April 2019, Doosan portable power expanded its distribution network by establishing a new branch location in Nevada, US. The authorized distributor offers, including air compressors, generators, light towers, and light compaction equipment.

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Major points covered in the report:
1. Macroeconomic factors affecting the Light Tower market and its potential
2. Light Tower Market dynamics, such as drivers, challenges, and trends
3. Detailed value chain analysis of the Light Tower market
4. The cost structure of the products and segments covered in the study
5. key product segments, regions and by major market participants are analyzed
6. Analysis of demand and supply, such as top manufacturing and consuming regions, overall trade scenario with imports/exports details
7. Analysis of the market structure, including a tier-wise categorization of key market participants
8. Competitive landscape of the Light Tower market, including detailed profiles of the top players in this market

Some of the major players in the Light Tower market are Atlas Copco, Olikara Lighting Towers Pvt. Ltd, Aska Equipments Limited, Doosan Portable Power, and Progress Solar Solution.

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Market Segmentation:
By Type:
• Metal Halide Light Tower
• LED Light Tower

By Fuel Type
• Diesel Powered
• Solar Powered
• Direct Powered

By Mobility
• Stationary
• Mobile
• Others

By End-Use Industry:
• Construction
• Oil & Gas
• Industrial
• Mining
• Others

By Region:
• North America
o By Country (US, Canada, Mexico)
o By Type
o By Fuel Type
o By Mobility Type
o By End-Use Industry

• Western Europe
o By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
o By Type
o By Fuel Type
o By Mobility Type
o By End-Use Industry

• Eastern Europe
o By Country (Russia, Turkey, Rest of Eastern Europe)
o By Type
o By Fuel Type
o By Mobility Type
o By End-Use Industry

• Asia Pacific
o By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
o By Type
o By Fuel Type
o By Mobility Type
o By End-Use Industry

• Middle East
o By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
o By Type
o By Fuel Type
o By Mobility Type
o By End-Use Industry

• Rest of the World
o By Region (South America, Africa)
o By Type
o By Fuel Type
o By Mobility Type
o By End-Use Industry

Reasons To Buy This Report:
• Market size estimation of the light tower market on a regional and global basis
• The unique research design for market size estimation and forecast
• Profiling of major companies operating in the market with key developments
• Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:
We provide customization of the study to meet specific requirements:
• By Segment
• By Sub-segment
• By Region/Country

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This release was published on openPR.