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Hydraulic Lifting Mobile Light Tower Market - By Lighting (Metal Halide, LED, Electric), By Power Source, By Application (Construction, Infrastructure Development, Oil & Gas, Mining, Military & Defense, Emergency & Disaster Relief) & Forecast, 2024 – 2032

  • Report ID: GMI7316
  • Published Date: Nov 2023
  • Report Format: PDF

Hydraulic Lifting Mobile Light Tower Market Size

Hydraulic Lifting Mobile Light Tower Market Size was valued at over USD 2.5 billion in 2023 and is projected to grow at a CAGR of over 7.1% till 2032. The global construction and infrastructure development projects have created a rising demand for efficient and versatile lighting solutions, making hydraulic lifting mobile light towers the preferred choice for illuminating expansive work areas.
 

Hydraulic Lifting Mobile Light Tower Market

According to data from the US Census Bureau, the United States witnessed a significant increase in the value of new private construction, reaching USD 1.4 trillion in 2022, compared to USD 505.3 billion in 2010. This remarkable surge in the construction sector highlights the increasing need for effective lighting solutions, driving the market's growth. The growing emphasis on energy efficiency and environmentally friendly technologies has led to the widespread adoption of LED lighting in these mobile light towers, offering not only cost-effectiveness but also reducing environmental impact. Moreover, the demand for temporary lighting solutions in emergency response, events, and remote locations is propelling market expansion. Additionally, technological advancements have resulted in the development of more portable, durable, and user-friendly hydraulic lifting mobile light towers, further accelerating their adoption across various industries. In summary, the hydraulic lifting mobile light tower industry is expected to continue its growth trajectory due to its adaptability and the escalating demand for efficient and eco-friendly lighting solutions.
 

COVID-19 Impact

The global market initially faced disruptions during the COVID-19 pandemic, primarily attributed to construction project delays and supply chain challenges. Nevertheless, as construction activities resumed and the demand for outdoor lighting solutions at testing and vaccination sites surged, the market demonstrated its resilience. This rebound was further bolstered by an increased emphasis on safety measures and the integration of remote monitoring features, contributing to a more resilient post-pandemic recovery.
 

Hydraulic Lifting Mobile Light Tower Market Trends

The hydraulic lifting mobile light tower industry is undergoing several notable trends. To begin with, there is a shift towards adopting energy-efficient and eco-friendly solutions, with a growing focus on integrating LED lighting technology. Furthermore, there is an increasing trend of connectivity and IoT integration within mobile light towers, enabling remote monitoring and maintenance, ultimately enhancing operational efficiency and reducing downtime. Thirdly, there is a notable upsurge in the demand for hybrid and solar-powered models, driven by sustainability concerns and the need for off-grid lighting solutions. Additionally, advancements in hydraulic systems and materials are leading to the development of more robust and versatile mobile light towers. Lastly, the market is diversifying and expanding its applications across various industries, such as construction, events, and disaster response, contributing to its overall growth.
 

Hydraulic Lifting Mobile Light Tower Market Analysis

 Hydraulic Lifting Mobile Light Tower Market, By Lighting, 2021-2032, (USD Billion)

Within the market, the lighting segment presents various options, including metal halide, LED, electric, and alternative lighting solutions. Among these choices, LED lighting solutions have established their supremacy, exhibiting a substantial market value that exceeded USD 1.2 billion in 2022. Forecasts suggest that this particular segment is positioned for a consistent and robust CAGR of over 8% until 2032. LED lighting has brought about a transformation in the industry, offering a multitude of advantages such as energy efficiency, prolonged operational lifespans, and exceptional illumination quality. These attributes have resulted in an increased demand for hydraulic lifting mobile light towers equipped with LED fixtures across diverse applications, including construction sites, outdoor events, and emergency response scenarios. The energy-efficient characteristics of LED lights not only curtail operational expenses but also align with global sustainability initiatives, rendering them an environmentally responsible choice. As the world continues to prioritize energy-efficient and eco-friendly solutions, the global market is projected to sustain its growth trajectory, driven by the enduring appeal of LED lighting technology.
 

Hydraulic Lifting Mobile Light Tower Market Share, By Power Source, 2022

The hydraulic lifting mobile light tower industry encompasses a range of power sources, including solar, diesel, direct power, and other alternatives. In 2022, diesel-powered mobile light towers held the dominant market share and are anticipated to exhibit a CAGR of over 5.5% through 2032. Diesel-powered mobile light towers have proven to be indispensable across various industries such as construction, mining, and remote infrastructure projects, owing to their remarkable reliability and versatility. The efficiency of diesel engines ensures an uninterrupted power supply, making them well-suited for extended operation in demanding environments. Moreover, diesel-powered mobile light towers offer a high degree of mobility and autonomy, functioning independently without reliance on external power grids. These characteristics, coupled with their capacity to provide robust and consistent illumination, have contributed to the sustained demand for hydraulic lifting mobile light towers with diesel power sources. As industries continue to expand and seek dependable lighting solutions, the hydraulic lifting mobile light tower market is poised to maintain its growth trajectory, driven by the reliability and durability of diesel-powered technology.
 

Regarding their applications, hydraulic lifting mobile light towers are highly versatile and find utility across various sectors, including construction, infrastructure development, oil & gas, mining, military & defense, emergency & disaster relief, and other domains. Notably, the construction sector plays a pivotal role in propelling the market's growth. This upswing can be attributed to the escalating demand for efficient and adaptable lighting solutions at construction sites, offering improved visibility and safety during nighttime operations. Construction companies are increasingly embracing hydraulic lifting mobile light towers due to their portability and user-friendliness, enabling them to effortlessly illuminate expansive work areas. Furthermore, technological advancements have enhanced energy efficiency and reduced environmental impact, further stimulating market expansion. With global construction activities on the rise, the hydraulic lifting mobile light tower industry is well-positioned for sustained growth to meet the evolving illumination requirements of the industry.
 

North America Hydraulic Lifting Mobile Light Tower Market Size, 2021-2032, (USD Million)

North America hydraulic lifting mobile light tower market is driven by the region's robust construction and infrastructure development activities, including significant investments in transportation, urban development, and energy projects, which in turn is creating a sustained demand for efficient lighting solutions. The emphasis on safety and security in various applications, such as construction sites, emergency response, and disaster relief, fuels the adoption of hydraulic lifting mobile light towers. The growing focus on environmental sustainability and energy efficiency encourages the use of LED and eco-friendly lighting technologies in the region. Additionally, advancements in remote monitoring and IoT integration contribute to improved operational efficiency and reduced downtime, further propelling market growth. Lastly, North America's stringent regulations and standards for workplace safety and lighting quality drive the adoption of high-quality hydraulic lifting mobile light towers in the region.
 

Hydraulic Lifting Mobile Light Tower Market Share

Atlas Copco has solidified its dominant market position in the hydraulic lifting mobile light tower industry by capturing a significant market share through a combination of innovative product offerings and exceptional customer service. Their unwavering commitment to engineering excellence has led to the development of cutting-edge mobile light towers that excel in terms of performance, energy efficiency, and durability. Atlas Copco's extensive global presence and robust distribution network ensure the accessibility of their products to customers on a worldwide scale. Their dedicated focus on post-sale support, including maintenance services and readily available spare parts, enhances overall customer satisfaction. Renowned for their reliability and a wide array of customized solutions tailored to diverse applications, Atlas Copco emerges as a trusted leader in the global market, maintaining a substantial share within this competitive industry.
 

Some of the key market players operating across the hydraulic lifting mobile light tower industry are:

  • Doosan Portable Power
  • UNi-corp (Singapore) Pte. Ltd.
  • TIDE POWER TECHNOLOGY CO., LTD
  • Larson Electronics
  • GENMAC S.r.l.s.u.
  • Standard Aggregatebau Evers GmbH & Co. KG
  • Atlas Copco
  • WANCO INC.
  • Robuster Lighting
  • Sunbelt Rentals, Inc.
  • Coates
  • HIMOINSA
  • Allmand Bros.
  • Midstream Ltd.
  • MPMC Powertech Corp.
  • GREEN POWER SYSTEMS s.r.l.
  • Superwatt Power
  • Wacker Neuson Group
  • Sinopro
  • J C Bamford Excavators Ltd.
     

Hydraulic Lifting Mobile Light Tower Industry News:

  • In August 2021, Bobcat Company, the umbrella organization for Doosan Portable Power, commenced the construction of a manufacturing facility in North America. Spanning 600,000 square feet, this production unit will serve as both a distribution center and warehouse. This significant expansion endeavor carries a price tag of USD 70 million and is slated to incorporate an additional 62 acres into the existing 92-acre campus, effectively making it the largest manufacturing campus for the company. This expansion not only increases the company's physical footprint but also extends its presence within the industry.
     

Hydraulic lifting mobile light tower market research report includes an in-depth coverage of the industry with estimates & forecast in terms of units and revenue in ‘000 Units and USD Million from 2019 to 2032, for the following segments:

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Market, By Lighting

  • Metal Halide
  • LED
  • Electric
  • Others

Market, By Power Source

  • Diesel
  • Solar
  • Direct
  • Others

Market, By Application

  • Construction
  • Infrastructure Development
  • Oil & Gas
  • Mining
  • Military & Defense
  • Emergency & Disaster Relief
  • Others

The above information has been provided for the following regions and countries:

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Russia
  • Asia Pacific
    • China
    • Japan
    • India
    • Australia
    • South Korea
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • Qatar
    • Iran
    • South Africa
  • Latin America
    • Brazil
    • Argentina

 

Authors: Ankit Gupta, Vishal Saini

Frequently Asked Questions (FAQ) :

Market size for hydraulic lifting mobile light tower exceeded USD 2.5 billion in 2023 and will grow record over 7.1% CAGR from 2024-2032 due to the rising number of global construction and infrastructure development projects.

Hydraulic lifting mobile light tower market from LED lighting solutions exceeded USD 1.2 billion in revenue in 2022 and is expected to record over 8% CAGR from 2023-2032 owing to diverse application scope in construction sites, outdoor events, and emergency response scenarios.

Demand for diesel-powered hydraulic mobile light towers is anticipated to exhibit over 5.5% CAGR from 2023-2032 driven by higher adoption in construction, mining, and remote infrastructure projects to offer remarkable reliability and versatility.

North America hydraulic lifting mobile light tower industry size is expected to gain immense traction through 2032 due to the robust construction and infrastructure development activities

Hydraulic Lifting Mobile Light Tower Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 20
  • Tables & Figures: 738
  • Countries covered: 19
  • Pages: 555
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