Home > Energy & Power > Electrical Equipment > Light Towers > North America LED Light Tower Market

North America LED Light Tower Market Analysis

  • Report ID: GMI8865
  • Published Date: Apr 2024
  • Report Format: PDF

North America LED Light Tower Market Analysis

LED light towers are distributed through channels where they are either sold directly to end users or rented out as needed, depending on the requirements. North America LED light tower rental segment held a substantial share in the last few years and is anticipated to cross USD 1 billion by 2032. This trend is fuelled by the advantages of flexibility and cost-effectiveness offered to end-users, particularly in sectors such as construction, events, and infrastructure projects.
 

Rental services provide businesses with the ability to access high-quality LED light towers without the upfront investment, while also offering the convenience of scaling operations according to specific project needs, which in turn drive its adoption across the region.
 

North America LED Light Tower Market Revenue Share, By Product, 2023

Categorized by product type, LED light towers come in stationary and mobile variants. Forecasts suggest that the North America LED light tower market for mobile towers is projected to witness a CAGR surpassing 5.5% through 2032. Factors such as rising construction activities, infrastructure development projects, and emphasis on energy-efficient lighting solutions are propelling the market forward. Mobile light towers offer versatility, portability, and energy efficiency, making them preferred choices across various industries.
 

U.S. LED Light Tower Market Size, 2022 – 2032 (USD Million)

U.S. LED light tower market is poised to surpass USD 1.2 billion by 2032, driven by growing demand for energy-efficient lighting solutions across industries, spurred by environmental concerns. Government initiatives promoting LED adoption further propel market growth. For instance, The FDA has introduced an FD2 requirement applicable to all LEDs utilized in general or localized area illumination, such as lamps and light bulbs.
 

Additionally, continuous technological advancements in LED technology enhance performance and durability, making LED light towers increasingly attractive for various applications like construction and events, thus boosting its penetration across the nation.

Authors: Ankit Gupta, Vishal Saini

Frequently Asked Questions (FAQ) :

The market size for LED light tower in North America reached USD 1.1 billion in 2023 and is set to witness 5.7% CAGR up to 2032, led by the growing demand for energy-efficient and environmentally friendly lighting solutions across various industries.

North America rental LED light tower segment is poised to cross USD 1 billion by 2032, fueled by its flexibility and cost-effectiveness offered to end-users.

U.S. LED light tower industry is projected to reach USD 1.2 billion by 2032, driven by growing demand for energy-efficient lighting solutions across industries, spurred by environmental concerns.

Aska Equipments Private Limited, Allmand Bros Inc., Atlas Copco AB, Boss LTG, Caterpillar, Chicago Pneumatic, Colorado Standby, DMI, DOMINIGHT LLC, Doosan Portable Power among others.

North America LED Light Tower Market Scope

Buy Now


Premium Report Details

  • Base Year: 2023
  • Companies covered: 21
  • Tables & Figures: 267
  • Countries covered: 3
  • Pages: 220
 Download Free Sample