Market Overview:
The global towable light tower market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for portable lighting solutions for various applications such as construction, industrial works, mining, and others. Additionally, the increasing demand for electric towable light towers is also contributing to the growth of this market. However, high initial cost and lack of awareness about benefits offered by electric towable light towers are some of the factors restraining the growth of this market. On basis of type, electric towable light towers accounted for majority share in 2017 and is expected to maintain its dominance during forecast period. This can be attributed to growing preference for energy-efficient lighting solutions among end users across globe coupled with stringent regulations pertaining emissions from diesel-powered equipment’s . On basis application , construction segment dominated global towable light tower market in terms revenue contribution in 2017 and is projected exhibit highest CAGR over next 10 years owing rising infrastructural development activities around world . Regionally , North America held largest share in global Towable Light Tower Market revenue in 2017 followed by Europe .
Product Definition:
A towable light tower is a piece of equipment that is used to provide illumination at night or in dark areas. It typically consists of a metal frame with a number of lights mounted on it. The light tower can be towed by a vehicle to the desired location and then set up to provide illumination.
Electric:
Electric is the new technology in towable light tower market which has been used by few companies but now with more focus and investment it's being used by many more. It's a smart way to generate power using solar energy, wind or any other source. Electric towable light towers are one of the fastest growing segment in renewable energy sector due to its cost effectiveness and easy installation process as compared to other forms of renewable energy.
Diesel:
Diesel is a fossil fuel, which is derived from the distillation of crude oil. It consists of hydrocarbons that are saturated or partially saturated into a liquid form under normal temperature and pressure. Diesel has higher energy content than gasoline (gasoline being an organic compound) and burns with a blue flame due to the high proportion of oxygen present in it's composition.
Application Insights:
The construction application segment led the global towable light tower market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing infrastructure spending in emerging economies across the Asia Pacific region, such as China, India and Japan. Furthermore, growing urbanization along with rising infrastructural developments is expected to drive demand for towable light towers in construction applications over the coming years.
The industrial works application segment accounted for more than 20% share of total revenue in 2017 owing to an increase in mining activities across various regions including Africa and Middle East & Africa due to high mineral deposits beneath the surface soil layers which require huge electric lighting equipment for drilling purposes which are towed by vehicles known as dragline excavators or diesel motor graders depending upon their power capacities.
Regional Analysis:
Asia Pacific dominated the global towable light tower market in 2017 and is expected to continue its dominance over the forecast period. The region has a large number of construction projects in various stages of development, which will require huge manpower and heavy machinery. This is anticipated to drive demand for towable light towers in Asia Pacific over the forecast period.
Europe also held a significant share of global revenue owing to high demand from countries such as Germany, Russia, France among others for public infrastructure projects such as bridges and buildings. In addition, increasing investments by governments for building sports stadiums are expected to drive product demand over the next eight years.
North America is projected to witness steady growth due to growing construction activities across U.S., Mexico on account of new government initiatives pertaining towards infrastructural development along with rising awareness about energy conservationism among consumers may propel industry growth during the estimated time span 8 years ahead of 2018’s end).
Growth Factors:
- Increasing demand for portable and temporary lighting solutions in construction and industrial sectors
- Rising popularity of LED technology in towable light towers
- Growing demand for energy-efficient and eco-friendly lighting solutions
- Proliferation of rental services for towable light towers
- Technological advancements in towable light tower designs
Scope Of The Report
Report Attributes
Report Details
Report Title
Towable Light Tower Market Research Report
By Type
Electric, Diesel, Other
By Application
Construction, Industrial Works, Mining, Others
By Companies
Generac Mobile, Genie＆Terex, Wacker Neuson, Multiquip Inc, Magnum, WANCO INC, AMIDA, Atals Copco
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
146
Number of Tables & Figures
103
Customization Available
Yes, the report can be customized as per your need.
Global Towable Light Tower Market Report Segments:
The global Towable Light Tower market is segmented on the basis of:
Types
Electric, Diesel, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Construction, Industrial Works, Mining, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Generac Mobile
- Genie＆Terex
- Wacker Neuson
- Multiquip Inc
- Magnum
- WANCO INC
- AMIDA
- Atals Copco
Highlights of The Towable Light Tower Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Electric
- Diesel
- Other
- By Application:
- Construction
- Industrial Works
- Mining
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Towable Light Tower Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A towable light tower is a type of self-propelled lighting tower that can be towed by a vehicle.
Some of the major companies in the towable light tower market are Generac Mobile, Genie＆Terex, Wacker Neuson, Multiquip Inc, Magnum, WANCO INC, AMIDA, Atals Copco.
The towable light tower market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Towable Light Tower Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Towable Light Tower Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Towable Light Tower Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Towable Light Tower Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Towable Light Tower Market Size & Forecast, 2018-2028
4.5.1 Towable Light Tower Market Size and Y-o-Y Growth
4.5.2 Towable Light Tower Market Absolute $ Opportunity
Chapter 5 Global Towable Light Tower Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Towable Light Tower Market Size Forecast by Type
5.2.1 Electric
5.2.2 Diesel
5.2.3 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Towable Light Tower Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Towable Light Tower Market Size Forecast by Applications
6.2.1 Construction
6.2.2 Industrial Works
6.2.3 Mining
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Towable Light Tower Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Towable Light Tower Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Towable Light Tower Analysis and Forecast
9.1 Introduction
9.2 North America Towable Light Tower Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Towable Light Tower Market Size Forecast by Type
9.6.1 Electric
9.6.2 Diesel
9.6.3 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Towable Light Tower Market Size Forecast by Applications
9.10.1 Construction
9.10.2 Industrial Works
9.10.3 Mining
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Towable Light Tower Analysis and Forecast
10.1 Introduction
10.2 Europe Towable Light Tower Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Towable Light Tower Market Size Forecast by Type
10.6.1 Electric
10.6.2 Diesel
10.6.3 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Towable Light Tower Market Size Forecast by Applications
10.10.1 Construction
10.10.2 Industrial Works
10.10.3 Mining
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Towable Light Tower Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Towable Light Tower Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Towable Light Tower Market Size Forecast by Type
11.6.1 Electric
11.6.2 Diesel
11.6.3 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Towable Light Tower Market Size Forecast by Applications
11.10.1 Construction
11.10.2 Industrial Works
11.10.3 Mining
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Towable Light Tower Analysis and Forecast
12.1 Introduction
12.2 Latin America Towable Light Tower Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Towable Light Tower Market Size Forecast by Type
12.6.1 Electric
12.6.2 Diesel
12.6.3 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Towable Light Tower Market Size Forecast by Applications
12.10.1 Construction
12.10.2 Industrial Works
12.10.3 Mining
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Towable Light Tower Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Towable Light Tower Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Towable Light Tower Market Size Forecast by Type
13.6.1 Electric
13.6.2 Diesel
13.6.3 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Towable Light Tower Market Size Forecast by Applications
13.10.1 Construction
13.10.2 Industrial Works
13.10.3 Mining
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Towable Light Tower Market: Competitive Dashboard
14.2 Global Towable Light Tower Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Generac Mobile
14.3.2 Genie＆Terex
14.3.3 Wacker Neuson
14.3.4 Multiquip Inc
14.3.5 Magnum
14.3.6 WANCO INC
14.3.7 AMIDA
14.3.8 Atals Copco
