Report Content
Chapter 1 Methodology & Scope
1.1 Market definitions
1.2 Base estimates & calculations
1.3 Forecast calculation
1.4 Data sources
1.4.1 Primary
1.4.2 Secondary
1.4.2.1 Paid
1.4.2.2 Public
Chapter 2 Executive Summary
2.1 Industry synopsis, 2021 - 2034
Chapter 3 Industry Insights
3.1 Industry ecosystem analysis
3.2 Regulatory landscape
3.3 Industry impact forces
3.3.1 Growth drivers
3.3.2 Industry pitfalls & challenges
3.4 Growth potential analysis
3.5 Porter's analysis
3.5.1 Bargaining power of suppliers
3.5.2 Bargaining power of buyers
3.5.3 Threat of new entrants
3.5.4 Threat of substitutes
3.6 PESTEL analysis
Chapter 4 Competitive landscape, 2024
4.1 Strategic dashboard
4.2 Innovation & sustainability landscape
Chapter 5 Market Size and Forecast, By Lighting, 2021 - 2034 (USD Million)
5.1 Key trends
5.2 Metal halide
5.3 LED
5.4 Electric
5.5 Others
Chapter 6 Market Size and Forecast, By Power Source, 2021 - 2034 (USD Million)
6.1 Key trends
6.2 Diesel
6.3 Solar
6.4 Direct
6.5 Others
Chapter 7 Market Size and Forecast, By Technology, 2021 - 2034 (USD Million)
7.1 Key trends
7.2 Manual lifting system
7.3 Hydraulic lifting system
Chapter 8 Market Size and Forecast, By Application, 2021 - 2034 (USD Million)
8.1 Key trends
8.2 Construction
8.3 Infrastructure development
8.4 Oil & gas
8.5 Mining
8.6 Military & defense
8.7 Emergency & disaster relief
8.8 Others
Chapter 9 Market Size and Forecast, By Region, 2021 - 2034 (USD Million)
9.1 Key trends
9.2 North America
9.2.1 U.S.
9.2.2 Canada
9.2.3 Mexico
9.3 Europe
9.3.1 UK
9.3.2 Germany
9.3.3 France
9.3.4 Italy
9.3.5 Spain
9.3.6 Russia
9.4 Asia Pacific
9.4.1 China
9.4.2 Japan
9.4.3 India
9.4.4 Australia
9.4.5 South Korea
9.5 Middle East & Africa
9.5.1 Saudi Arabia
9.5.2 UAE
9.5.3 Qatar
9.5.4 Iran
9.5.5 South Africa
9.6 Latin America
9.6.1 Brazil
9.6.2 Argentina
9.6.3 Chile
Chapter 10 Company Profiles
10.1 Access Hire Australia
10.2 BigRentz
10.3 Caterpillar
10.4 Cooper Equipment Rentals
10.5 Guys Rents
10.6 The Home Depot
10.7 HSS Hire Group
10.8 Larson Electronics
10.9 MacAllister Machinery
10.10 Modern Energy Rental
10.11 Pro Tool & Supply
10.12 RentalYard
10.13 Sudhir Power
10.14 The Duke Company
10.15 United Rentals
Light Tower Rental Market Size
The global light tower rental market was valued at USD 3.5 billion in 2024 and is estimated to reach the value of USD 6.7 billion by 2034, growing at a CAGR of 6.6% from 2025 to 2034, driven by increasing infrastructure development, construction activities, and emergency response needs.
The market growth is driven by demand from oil & gas, mining, and events industries that require temporary lighting solutions. The adoption of LED-based towers and hybrid or solar-powered units improves operational efficiency and environmental sustainability, meeting the needs of environmentally conscious users. The Department of Energy implemented Protocol 2023 reducing the energy use for all types of bulbs by 25%, which in turn drives the demand for efficient light towers.
Economic factors, including demand on a seasonal basis affect market dynamics across the globe and also the rental price. The ongoing growth in EV manufacturing across the world will drive the growth of construction activities, which complement the service adoption. In 2023, the CARB (California Air Resources Board) approved their funding plan towards incentive programs for CARB that aim to assist California in transitioning towards zero-emission vehicles in the sum of almost USD 624 million dollars.
The product design and development process are held back by environmental regulations pertaining to emissions and noise and others. The market is still on the rise with backing from surging urbanization, remote field site operations, and emergency services operations that entail portable lighting solution. For example, the EU has set plans to strengthen investment in the power grids in the continent, setting aside USD 638.6 billion for the upgrade by 2030, which will enhance the market growth.
Light Tower Rental Market Trends
Light Tower Rental Market Analysis
Light Tower Rental Market Share
The top 6 companies in the light tower rental industry include United Rentals, The Home Depot, Caterpillar, HSS Hire Group, Cooper Equipment Rentals, and BigRentz, which collectively held more than 40% market share in 2024. These organizations maintain substantial market positions through their established regional and national networks, large rental fleets, and broad customer bases across construction, industrial, and event sectors.
United Rentals has a substantial share of the light tower rental market due to its fleet size and operations spread worldwide. The company has many customers in construction, industrial as well as in events. The strong financial standing of the company allows it to continually invest in new lighting equipment such as LEDs and hybrids.
The company increases its market share by providing full service, offering favorable rental terms, and using digital fleet management systems. In September 2022, United Rentals alongside other operators broadens green assets, and assists users in monitoring their carbon footprint using electric cars, advanced technologies, and Total Control max systems.
Light Tower Rental Market Companies
Key players operating across the light tower rental market include:
Light Tower Rental Industry News
This light tower rental market research report includes in-depth coverage of the industry with estimates & forecast in terms of “USD Million” from 2021 to 2034, for the following segments:
Market, By Lighting
Market, By Power Source
Market, By Technology
Market, By Application
The above information has been provided for the following regions and countries: