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Mobile Light Tower Market Size By Lighting (Metal Halide, LED, Electric), By Power Source (Diesel, Solar, Direct), By Technology (Manual Lifting, Hydraulic Lifting), By Application (Construction, Infrastructure Development {Highway Construction, Railway Line Construction, Bridge Construction}, Oil & Gas, Mining, Military & Defense, Emergency & Disaster Relief), COVID-19 Impact Analysis, Regional Outlook, Application Potential, Price Trends, Competitive Market Share & Forecast, 2023– 2032
- Report ID: GMI4621
- Published Date: Jan 2023
- Report Format: PDF
Industry Statistics
Mobile Light Tower Market size valued at USD 5.5 billion in 2022 and is projected to expand at over 6% CAGR from 2023 to 2032.
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Frequent weather-related catastrophes are set to drive the need for mobile light towers in emergency rescue operations. These lighting systems are used during rescue missions like night evacuation and are largely deployed during construction activities across remote locations. Rising geopolitical issues and military conflicts would foster the application of mobile light towers in reconstruction activities.
For instance, the Russia-Ukraine war has damaged most of the residential and commercial infrastructure across both nations with many reconstruction plans currently in place. As per a recent plan signed by the Unified Institute for Land Planning of the Russian Federation, the construction of new housing across 8,750,000 square meters in Mariupol will be conducted and completed by 2035. Such a vast range of rebuilding activities will potentially increase the demand for mobile light towers across Russia and Ukraine during the estimated period.
| Report Coverage | Details |
|---|---|
| Base Year: | 2022 |
| Market Size in 2022: | 5.6 Billion (USD) |
| Forecast Period: | 2023 to 2032 |
| Forecast Period 2023 to 2032 CAGR: | 6.2% |
| 2032 Value Projection: | 10.2 Billion (USD) |
| Historical Data for: | 2019 to 2022 |
| No. of Pages: | 1,130 |
| Tables, Charts & Figures: | 1,749 |
| Segments covered: | Lighting, Power Source, Technology, Application |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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The high initial investment costs of mobile light towers will hamper product adoption. The high cost of these equipment is mainly due to the use of generators and many other power sources in each mobile light tower. Its cost is further elevated on account of the maintenance expenditure and other service costs that are aimed towards increasing the lifetime of the equipment. However, technological innovation in gensets and the adoption of advanced manufacturing solutions could help improve equipment efficiency as well as support the production of affordable mobile light towers in the forthcoming years.
Use of energy-efficient LED bulbs in mobile light towers to influence market growth
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Mobile light tower market revenue from the LED lighting segment is expected to reach more than USD 6 billion by 2032. LED bulbs are mostly used in newer model of mobile light towers. These bulbs offer multiple benefits like good performance in harsh weather conditions, longer lifespan, easy maintenance, and energy efficiency. The use of LED lights is expected to remain strong owing to high demand for energy efficient artificial lighting on building sites and other places. Companies specializing in mobile light towers are developing new LED bulb-based equipment models. Take for instance, in December 2022, Ritelite Portable Lighting, a UK-based portable lighting company, launched K45-LITE and K45-ULTRA-LITE LED mobile light towers.
Robust demand for solar light tower to propel industry growth
| Power Source | Market Share, 2022 (%) |
|---|---|
| Diesel | 37.7% |
| Solar | 27.8% |
| Direct | 8.1% |
| Others | 26.4% |
| Total | 100% |
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Mobile light tower market from the solar power segment is anticipated to record nearly 8% growth rate between 2023 and 2032. Light towers powered by solar energy are becoming popular impelled by their lesser emissions and cleaner operations. Wide-ranging use of solar technology across various application and supportive government initiatives to promote the use of clean energy solutions would favor light tower market expansion. The aim to reduce carbon footprint and CO2 emissions will accelerate the deployment of these equipment in the coming years. In May 2022, EcoQuip Australia, secured an agreement with BHP Iron Ore Pty Ltd to test its zero emission, EcoQuip Mobile Solar Light Tower (MSLT) to reduce hire/operating costs by circa-40-50% and abate CO2 emissions.
Rising oil exploration activities to facilitate mobile light tower deployment
Mobile light tower market size from the oil & gas application segment surpassed USD 600 million in 2022, due to robust demand for petroleum and fossil fuel products worldwide have triggered new mining and exploration activities in the oil and gas sector. Efforts to boost the recovery of hydrocarbon have driven the need for reliable and high-end oil & gas processing infrastructure and equipment. Mounting demand for electric vehicles and battery powered devices would proliferate the deployment of mobile light towers across copper and lithium mines over the coming years.
Increasing construction activities to complement industry outlook across Asia Pacific
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Asia Pacific mobile light tower market is predicted to observe more than 7% gains through 2032, attributed to the rising residential construction activities across countries like India, China, Japan. According to estimates, India is one of the largest construction markets worldwide and is witnessing large-scale construction of industrial, residential and commercial projects. Tight project deadlines and rapid expansion of road and railway networks would escalate the deployment of mobile light towers across these countries.
New product development to shape global industry trends
Top participants operating in the mobile light tower market are Colorado Standby, Chicago Pneumatic, Generac Power Systems, Inc., Progress Solar Solutions, Allmand Bros., Inc., DMI, Youngman Richardson, The Will Burt Company, Light Boy Co., Ltd., Olikara Lighting towers Pvt. Ltd., LTA Projects, Aska Equipments Private Limited, Atlas Copco AB, Caterpillar, Larson Electronics, and United Rentals, Inc.
To gain a competitive edge in the mobile light tower business, major companies are collaborating with service providers and are launching new products. In September 2021, LARSON Electronics debuted a metal halide tower powered by a 6 kW Genset with a Kubota liquid-cooled diesel engine.
Impact of the COVID-19 pandemic on business outlook
The COVID-19 pandemic severely impacted the mobile light tower market as several commercial and industrial activities were halted during the outbreak. Business operations across mining, construction, manufacturing, and oil & gas sector was stopped due to strict lockdown restrictions and supply chain disruption. However, lifting of COVID restrictions and efforts to revive the economy have resumed business activities to a decent pace. Efforts to recover the construction and manufacturing sectors to the post-pandemic levels would create promising growth prospects for industry.
The mobile light tower market research report includes in-depth coverage of the industry with estimates & forecasts in terms of “Units” & “USD Million” from 2019 to 2032, for the following segments:
Market Insights, By Lighting
- Metal Halide
- LED
- Electric
- Others
Market Insights, By Power Source
- Diesel
- Solar
- Direct
- Others
Market Insights, By Technology
- Manual Lifting
- Hydraulic Lifting
Market Insights, By Application
- Construction
- Infrastructure Development
- Highway Construction
- Railway Line Construction
- Bridge Construction
- Others
- 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
- Azerbaijan
- Norway
- Sweden
- Poland
- Netherlands
- Belgium
- Turkey
- Finland
- Denmark
- Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Thailand
- Singapore
- Malaysia
- Philippines
- Vietnam
- Indonesia
- Middle East & Africa
- Saudi Arabia
- UAE
- Qatar
- Iran
- South Africa
- Egypt
- Algeria
- Nigeria
- Latin America
- Brazil
- Argentina
- Chile