Light Tower Market 2022 Industry Analysis, Size, Share, Growth, Trend and Forecast to 2030

SDKI Inc. published a new report on the Light Tower Market-Global Forecast 2025. This study includes the statistical and analytical approaches needed to grow the light tower market. The key industry insights provided in the report provide readers with better ideas about market overviews regarding existing market scenarios. In addition, the report contains a detailed discussion of current and future market trends related to market growth.

Report sample URL
https://www.sdki.jp/sample-request-110203

The global light tower market is estimated to grow from US $ 4.7 billion in 2020 to US $ 5.7 billion by 2025, with a CAGR of 5.7% over the forecast period. Factors driving market growth include increased oil and gas investment and spending on construction infrastructure across global regions such as North America, Europe and Asia Pacific.

Market segment The
light tower market is by market type (sales and rental), light type (metal halides and LEDs), fuel type (diesel, solar / hybrid and direct power), end user (oil / gas, mining). , Construction, and event sports) and by region. These segments are further subsegmented based on various factors and consist of some additional information about the market, such as the combined annual growth rate of each segment and subsegment, the market value and volume of the valuation period.

Based on the type of market, the rental segment is expected to hold the largest market share during the forecast period. This growth is estimated to be due to the high demand for light towers in construction infrastructure projects, event sports, mining and short-term / temporary projects in the oil and gas sector.

Based on the type of fuel, the diesel segment is estimated to hold the largest market share during the forecast period. This growth is due to the easy and long reliability of the diesel power light tower. In addition, diesel light towers are increasingly being used in remote and off-grid applications where there is no access to grid power. The solar / hybrid segment, on the other hand, is the second largest segment in terms of demand for light towers.

Report sample URL
https://www.sdki.jp/sample-request-110203

Area overview
The light tower market is further subdivided based on region, and the market growth of each country is evaluated. These include North America (US, Canada, and other North America), Europe (Germany, France, Italy, Spain, UK, and other Europe), Asia Pacific (China, Japan, India, Australia, and other Asia Pacific). ) And other regions.

Detailed contents of the survey report
https://www.sdki.jp/reports/light-towers-market/110203

North America is the largest light tower industry, followed by Europe and Asia Pacific. The region is projected to be the fastest growing region during the forecast period due to increased investment in construction infrastructure development, oil and gas exploration activities, and the operation of the US and Canadian mining sectors. In addition, the market in this region is driven by the presence of many global manufacturers and rental providers of light towers around the world.

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This release was published on openPR.