Market Overview:
The global truck mounted light towers 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 truck mounted light towers in construction sites, open-pit mining, and other applications. Additionally, the growing demand for LED-based truck mounted light towers is also contributing to the growth of this market. However, high installation and maintenance costs may restrain the growth of this market during the forecast period. On basis of type, LED-based truck mounted light towers are expected to witness highest growth during the forecast period from 2018 to 2030. This can be attributed to their low power consumption as compared with metal halide and other types of truck mounted light towers.
Product Definition:
A truck mounted light tower is a mobile lighting unit which is mounted on the bed or chassis of a truck. This type of lighting unit is used for providing illumination in areas which are not accessible by traditional fixed light towers. Truck mounted light towers are often used for illuminating construction sites, event venues, and other outdoor areas.
LED:
The global LED truck-mounted light towers market size was valued at USD 1.6 billion in 2016 and is expected to witness a CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for energy-efficient lighting solutions, which offer high brightness with less power consumption as compared to conventional lights.
Increasing adoption of LEDs in various applications such as automotive, industrial, commercial.
Metal Halide:
Metal halide (MHL) is an important part of the lighting system used in the truck-mounted light towers. It is a lamp that contains a halogen bulb and a metal halide salt, which generates light by reaction with ultraviolet radiation. MHLs are used for general illumination as well as to signalize traffic at night.
Application Insights:
The construction sites application segment led the global truck mounted light towers market in 2017. The application is projected to expand at a CAGR of XX% over the forecast period owing to increasing demand for lighting solutions at construction sites, particularly in developing economies including India and China. Furthermore, governments are taking initiatives such as installing LED lights on trucks for better illumination of work areas which is further expected to propel industry growth over the coming years.
The others segment includes applications such as open-pit mining, industrial manufacturing facilities and other infrastructure projects where high quality light sources are required for efficient operations or safety purposes.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing rapid growth in construction activities, which is subsequently driving the demand for truck-mounted light towers. Furthermore, rising awareness regarding road safety and infrastructure development will drive product demand further.
The growing mining industry across emerging economies such as China and India are anticipated to boost product adoption across various applications including open-pit mining, longwall mining, road construction sites, etc.
Growth Factors:
- Increasing demand for truck mounted light towers in the construction and mining industries as they offer an efficient and reliable source of lighting.
- Growing popularity of LED technology in truck mounted light towers, which offers brighter illumination and consumes less power than traditional bulbs.
- Rising demand for rental trucks mounted light towers as they are easier to transport and set up compared to traditional tower lights.
- Increasing awareness about the benefits of using truck mounted light towers among end-users, which is helping to drive market growth.
Scope Of The Report
Report Attributes
Report Details
Report Title
Truck Mounted Light Towers Market Research Report
By Type
LED, Metal Halide, Others
By Application
Construction Sites, Open-pit Mining, Others
By Companies
Boss Light Tower Generator, Generac Mobile, Command Light, Larson Electronics, The Will-Burt Company, Lighttec India, SPARTA ENGINEERING, Boss Light Tower Generator
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
210
Number of Tables & Figures
147
Customization Available
Yes, the report can be customized as per your need.
Global Truck Mounted Light Towers Market Report Segments:
The global Truck Mounted Light Towers market is segmented on the basis of:
Types
LED, Metal Halide, Others
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 Sites, Open-pit 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:
- Boss Light Tower Generator
- Generac Mobile
- Command Light
- Larson Electronics
- The Will-Burt Company
- Lighttec India
- SPARTA ENGINEERING
- Boss Light Tower Generator
Highlights of The Truck Mounted Light Towers 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:
- LED
- Metal Halide
- Others
- By Application:
- Construction Sites
- Open-pit 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 Truck Mounted Light Towers 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
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Truck mounted light towers are a type of lighting tower that is mounted on the back of a truck. They are used to provide illumination for roads and other areas.
Some of the key players operating in the truck mounted light towers market are Boss Light Tower Generator, Generac Mobile, Command Light, Larson Electronics, The Will-Burt Company, Lighttec India, SPARTA ENGINEERING, Boss Light Tower Generator.
The truck mounted light towers 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 Truck Mounted Light Towers 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 Truck Mounted Light Towers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Truck Mounted Light Towers 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 Truck Mounted Light Towers 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 Truck Mounted Light Towers Market Size & Forecast, 2018-2028
4.5.1 Truck Mounted Light Towers Market Size and Y-o-Y Growth
4.5.2 Truck Mounted Light Towers Market Absolute $ Opportunity
Chapter 5 Global Truck Mounted Light Towers 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 Truck Mounted Light Towers Market Size Forecast by Type
5.2.1 LED
5.2.2 Metal Halide
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Truck Mounted Light Towers 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 Truck Mounted Light Towers Market Size Forecast by Applications
6.2.1 Construction Sites
6.2.2 Open-pit Mining
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Truck Mounted Light Towers 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 Truck Mounted Light Towers 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 Truck Mounted Light Towers Analysis and Forecast
9.1 Introduction
9.2 North America Truck Mounted Light Towers 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 Truck Mounted Light Towers Market Size Forecast by Type
9.6.1 LED
9.6.2 Metal Halide
9.6.3 Others
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 Truck Mounted Light Towers Market Size Forecast by Applications
9.10.1 Construction Sites
9.10.2 Open-pit Mining
9.10.3 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 Truck Mounted Light Towers Analysis and Forecast
10.1 Introduction
10.2 Europe Truck Mounted Light Towers 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 Truck Mounted Light Towers Market Size Forecast by Type
10.6.1 LED
10.6.2 Metal Halide
10.6.3 Others
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 Truck Mounted Light Towers Market Size Forecast by Applications
10.10.1 Construction Sites
10.10.2 Open-pit Mining
10.10.3 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 Truck Mounted Light Towers Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Truck Mounted Light Towers 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 Truck Mounted Light Towers Market Size Forecast by Type
11.6.1 LED
11.6.2 Metal Halide
11.6.3 Others
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 Truck Mounted Light Towers Market Size Forecast by Applications
11.10.1 Construction Sites
11.10.2 Open-pit Mining
11.10.3 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 Truck Mounted Light Towers Analysis and Forecast
12.1 Introduction
12.2 Latin America Truck Mounted Light Towers 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 Truck Mounted Light Towers Market Size Forecast by Type
12.6.1 LED
12.6.2 Metal Halide
12.6.3 Others
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 Truck Mounted Light Towers Market Size Forecast by Applications
12.10.1 Construction Sites
12.10.2 Open-pit Mining
12.10.3 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) Truck Mounted Light Towers Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Truck Mounted Light Towers 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) Truck Mounted Light Towers Market Size Forecast by Type
13.6.1 LED
13.6.2 Metal Halide
13.6.3 Others
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) Truck Mounted Light Towers Market Size Forecast by Applications
13.10.1 Construction Sites
13.10.2 Open-pit Mining
13.10.3 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 Truck Mounted Light Towers Market: Competitive Dashboard
14.2 Global Truck Mounted Light Towers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Boss Light Tower Generator
14.3.2 Generac Mobile
14.3.3 Command Light
14.3.4 Larson Electronics
14.3.5 The Will-Burt Company
14.3.6 Lighttec India
14.3.7 SPARTA ENGINEERING
14.3.8 Boss Light Tower Generator
