Mobile Light Tower Market Emerging Trends & Growth Forecast 2022-2026
Category: #energy-and-environment  By Ronak Bora  Date: 2022-11-15
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Mobile Light Tower Market Emerging Trends & Growth Forecast 2022-2026

Burgeoning technological advancements and substantial demand in construction and oil & gas are likely to fuel mobile light tower market size. Further, popularity of mobile light tower has become more pronounced in mining sector as workforce efficiency and increased productivity become paramount.

Mobile light towers tend to integrate aluminum reflectors and complement better performance as high illumination, long functional life, optimum performance, eco-friendly lighting and consumption of less power have instilled confidence among stakeholders.

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It is worth noting that mobile light towers are highly sought-after in industrial operations, construction sites, mining locations, civil engineering works and defense sectors.

On the basis of lighting, mobile light tower market has been sub-segmented into metal halide, LED and electric. An upsurge in the demand for cost-efficient and inexpensive systems has made metal halide immensely popular among end-users. Metal halide vapor tends to boost the quality of the light and offers tremendous optical efficiency in lamp and ballast configurations.

Mobile light tower systems have found increased traction in large indoor spaces, hockey rinks, large stadiums and at high bay lighting for warehouses. As compared to other lighting systems, metal halide systems are believed to have an edge as the best source of high CRI while light in the industry.

LED light towers will also be one of the major recipients among end-use applications as they are said to lighten up more than multiple pole towers and apparently contain no filaments, thereby making them resistant to impact and vibration.

Prominent companies have upped LED production and are bringing glare-free varieties to the fore. This move is said to boost worker performance while enhancing their safety. Notably, better illumination plays an essential role in reducing the number of accidents and injuries due to lack of visibility on work sites.

Some of the factors such as energy efficiency gains and longer lifespan of LED light towers have become paramount in bringing the cost of replacement and maintenance down. Looking at the big picture, forward-looking companies are expected to have an asset-heavy balance sheet; investing in LED light towers.

Seismic shift witnessed in construction sector is likely to have the bearing on the global mobile light tower market outlook. With construction sector accounting for more than 20% revenue share in 2019, the sector is likely to observe a robust growth in the next five years.

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Considering the geographical front, Middle East and Africa (MEA) is likely be a happy hunting ground for stakeholders vying to expand their portfolios. Palpable trend for LED light tower and metal halide is expected to be witnessed in the region. Besides, a notable uptick in the construction of building has augured well for manufacturers of mobile light tower.

MEA market registered around 7% revenue share in 2016 may hold prominence in envisaging a robust MEA mobile light tower market growth by 2026. In the latest research report by GMI, mobile light tower market size is likely to expand steadily in the next six years.

Partial Chapter of the Table of Content

Chapter 2    Executive Summary

2.1    Mobile light tower industry 3600 synopsis, 2015 – 2026

2.1.1    Business trends

2.1.2    Lighting trends

2.1.3    Power source trends

2.1.4    Technology trends

2.1.5    Application trends

2.1.6    Regional trends

Chapter 3    Mobile Light Tower Industry Insights

3.1    Industry segmentation

3.2    Industry landscape, 2015 – 2026 (USD Million)

3.3    Industry ecosystem analysis

3.3.1    Mobile light tower value chain

3.3.2    Vendor matrix

3.4    Innovation & sustainability

3.4.1    Atlas Copco

3.4.2    Progress Solar Solutions

3.4.3    LTA Projects

3.5    COVID- 19 impact on the overall industry outlook, 2020-2026

3.5.1    Optimistic View

3.5.2    Realistic View

3.5.3    Pessimistic View

3.6    Regulatory landscape

Browse complete Table of Contents (ToC) of this research report @ https://www.decresearch.com/toc/detail/mobile-light-tower-market

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About Author

Ronak Bora

Ronak Bora    

A graduate in Electronics Engineering, Ronak writes for Technology Magazine and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and spo...

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