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North America Mobile Light Tower Market Size

Report ID: GMI6562
Published Date: Aug 2023
Report Format: PDF

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North America Mobile Light Tower Market Size

North America Mobile Light Tower Market size was valued at USD 1.8 billion in 2023 and is predicted to grow at a CAGR of 5% during 2024 to 2032. Driven by the continuous rise in infrastructure development, encompassing projects like roadways, highways, and transportation networks. The implementation of favorable laws and regulations focused on enhancing safety measures at construction sites further contributes to the positive industry outlook. Significant investments in the construction sector, particularly directed towards advancing transportation infrastructure, will significantly propel the mobile light tower industry.

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Technological advancements within the light tower domain, particularly the shift from traditional metal halide bulbs to more efficient LED bulbs, play a pivotal role in the North America mobile light tower market expansion. The adoption of LED bulbs offers a range of benefits compared to metal halide counterparts, such as improved energy efficiency, extended lifespan, and superior illumination quality. These advantages are driving the widespread adoption of LED light towers across various applications, further augmenting market growth.

North America Mobile Light Tower Market Report Attributes
Report Attribute	Details
Base Year:	The market size for
North America Mobile Light Tower Market Size in The market size for :	USD 1.8 Billion
Forecast Period:	2024 to 2032
Forecast Period 2024 to 2032 CAGR:	5%
2032 Value Projection:	USD 2.8 Billion
Historical Data for:	2019 to 2023
No. of Pages:	240
Tables, Charts & Figures:	258
Segments covered:	Lighting, Power Source, Technology, Application
Growth Drivers:	Increasing intensity & frequency of weather-related disasters Rising safety concerns in the construction sector Soaring infrastructural funding Increasing focus on energy efficiency Technological advancements
Pitfalls & Challenges:	High capital, installation & maintenance costs Shifting trends toward renewable equipment

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Authors: Ankit Gupta, Vishal Saini

Frequently Asked Questions (FAQ) :

The market size for mobile light in North America was reached USD 1.8 billion in 2023 and will reach over USD 2.8 billion by 2032, due to the continuous rise in infrastructure development worldwide.

North America mobile light tower market from the LED lighting solutions segment surpassed USD 1 billion in 2022 and will witness over 5.5% CAGR from 2023 to 2032, on account of the increasing advancements in LED lighting technology.

North America mobile light tower industry size from the diesel power segment registered over 37% revenue share in 2022, on account of advantages, such as, accessibility, low maintenance demands, efficient diesel gensets, and substantial storage capacity.

Some of the major mobile light tower firms in North America are Doosan Portable Power, Generac Power Systems, Inc., Larson Electronics, Atlas Copco AB, Caterpillar, United Rentals, Inc., J C Bamford Excavators Ltd., Multiquip, Inc., and Wacker Neuson SE.