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Diesel Light Tower Market Trends

Report ID: GMI5663
Published Date: May 2023
Report Format: PDF

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Diesel Light Tower Market Trends

Over the last few years, regions including North America, Asia Pacific and others have attested a high number of weather-related disasters including hurricanes, floods, tsunamis and many others. These catastrophes cause damage to the residential, commercial and other infrastructure, thus driving a demand for the construction industry, which indirectly propels the diesel light tower market development. However, stringent carbon emission regulations along with efforts to reduce the overall GHG emissions by respective countries have compelled the light tower manufacturers to gradually adopt more sustainable alternatives, including solar or direct powered light towers, which may hamper industry growth. Although, easy fuel availability, high output and economical fuel are few of the prominent factors which will boost the market share of diesel-powered light towers in the coming years.

Authors: Ankit Gupta, Vishal Saini

Frequently Asked Questions (FAQ) :

The market size of diesel light tower surpassed USD 2.4 billion in 2023 and is projected to record 4.6% CAGR during 2024 to 2032, due to the rise in government regulations and changing customer preferences.

Diesel light tower industry share from LED lighting solutions exceeded USD 1.4 billion in 2022 and will showcase 6% growth from 2023-2032 owing to the rising advances in energy efficiency, brightness, and colour accuracy.

Diesel light tower industry size from the manual lifting technology is expected to observe 3.5% growth rate through 2032 on account of the surging need for portability, low maintenance costs, durability, cost effectiveness, and easy operations.

Doosan Portable Power, Generac Power Systems, Inc., Larson Electronics, Inmesol gensets, S.L.U., Atlas Copco AB, Caterpillar, United Rentals, Inc., Multiquip, Inc., Trime S.r.l., Colorado Standby, and Chicago Pneumatic are some of the major diesel light tower companies.