MARKET INTRODUCTION
A light tower is a piece of mobile equipment which has one or more high-intensity electric lamps and a mast. Almost always, the lights are attached to the mast, which is attached to a trailer, with a generator set to power the lamps. Normally the lamps are metal halide bulbs and the generator is powered by a diesel engine. However, battery-powered, solar-powered and hydrogen-powered sets are available; light towers with electrode less lamps lighting are also sold. Modular kits permit separation of the generator set, trailer, lights and mast from each other. Another variation is an inflatable mast.[1] Particularly when an inflatable mast is used, the lights may be placed close to the ground, with a reflector attached to the mast.[2] When soft lighting is wanted, an inflatable "balloon" diffuser may be used. An inflatable mast may serve as a diffuser.
MARKET DYNAMICS
Light towers are used for construction. Some purveyors promote their use for other activities where strong, temporary, outdoor illumination may be wanted, such as mining, motion picture production, demolition, emergency services, oil refining, sport or agricultural sectors. Portability and user-friendliness has added more benefits to this lighting equipment, which is used for a wide range of applications and services like construction and repair of rail and motor roads, lighting for airports, stadium, hotels, resorts, properties, construction sites, search and rescue operations, exhibitions and oil drilling refineries. Apart from these, light towers are also highly useful in applications like construction of military base, highway tunnels, bridges and wind turbines. The efficiency of light towers is measured by certain parameters, which clients should be aware of before buying or renting out a light tower.
MARKET SCOPE
The ‘Global Mobile Light Tower Market’ is a specialized and in-depth study of the consumer goods industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the mobile light tower market with detailed market segmentation by type, fuel type, mobility, and end-users. The global mobile light tower market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading mobile light tower market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
-By Type: On the basis of type the market is categorized into Light Emitting D??d?, ??t?l ??l?d? L?m??, ?l??tr?d?l??? L?m?? and others.
-By Fuel Type: On the basis of fuel the market is bifurcated into Diesel Engine, Battery, Solar, Hydrogen and others.
-By Mobility: On the basis of mobility, the industry is segmented into Mobile and Stationary.
-By End User: On the basis of end users the market is divided into ??n?tru?t??n, ??n?ng, D????t?r R?l??f & ?m?rg?n??, ??l & G??.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry, including both qualitative and quantitative information. It also provides market size and forecast estimates from the year 2018 to 2028 concerning five major regions, namely; North America, Europe, Asia- Pacific (APAC), Middle East and Africa (MEA), and South America. The global mobile light tower market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the global mobile light tower market from both the demand and supply sides. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides an exhaustive best analysis for all five regions, namely; North America, Europe APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the mobile light tower market in these regions.
IMPACT OF COVID 19
The coronavirus pandemic has severely impacted the global economy and has resulted in halting of commercial and industrial operations worldwide. Global restrictions including lockdowns and strict curfews by respective government authorities following the subsequent waves of virus spread has delayed commissioning of several mining, construction, and O&G projects. However, efficient nation-wide immunization programs following the availability of multiple verified vaccines globally has accelerated the chances of the market revival.
MARKET PLAYERS
The report covers vital developments in the mobile light tower market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships and collaborations. These activities have paved the way for the expansion of businesses and the customer base of market players. The market players from the mobile light tower market are anticipated to have lucrative growth opportunities in the future with the rising demand for mobile light tower in the global market. Below mentioned is the list of a few companies engaged in the mobile light tower market. The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the mobile light tower market. Decide the report focuses on leading industry players with information such as company profiles, products, and services offered, financial information of the last three years, the critical development in the past five years.
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The Insight Partners dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.