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Metal Halide Light Tower Market Size - By Channel (Sales, Rental), By Product (Stationary, Mobile), By Power Source (Diesel, Solar, Direct), By Technology (Manual Lifting, Hydraulic Lifting), By Application (Construction, Infrastructure Development, Oil &

Publisher Global Market Insights
Published Nov 10, 2023
Length 710 Pages
SKU # GMI18401435

Description

Metal Halide Light Tower Market Size - By Channel (Sales, Rental), By Product (Stationary, Mobile), By Power Source (Diesel, Solar, Direct), By Technology (Manual Lifting, Hydraulic Lifting), By Application (Construction, Infrastructure Development, Oil & Gas, Mining, Military & Defense, Emergency & Disaster Relief), 2023 - 2032


The global metal halide light tower market is expected to grow at a CAGR of 4% during 2023-2032 driven by technological advancements in lighting technology, escalating construction and infrastructure projects, and the rising demand for reliable and efficient illumination solutions across various applications.

Oxford Economics in a report published in 2023, forecasts a 35% ($8 trillion) growth in urban construction by 2030, fueled mainly by robust development in Asian and African emerging nations. This signals a positive trajectory for the construction sector. As nations embark on ambitious development initiatives alongside rising urbanization levels, the demand for reliable and efficient illumination solutions in construction sites, infrastructure projects, and outdoor events has surged. Metal halide light towers, with their advanced features such as energy-efficient lamps, enhanced durability, and improved portability, are witnessing high demand.

The metal halide light tower industry is classified based on channel, power source, technology, application, and region.

The sales channel segment is set for sustained growth during the study period driven by a shift toward purchasing behaviors. Direct sales through company-owned platforms, e-commerce platforms, and distributor networks are among the key channels fueling the market revenue. The incorporation of distributor networks facilitate efficient product distribution and increasing accessibility in diverse regions.

The stationary product segment is anticipated to gain traction during 2023-2032 owing to their stability, making them ideal for prolonged applications in construction sites, mining operations, and outdoor events. The demand is further propelled by their ability to provide consistent and powerful illumination over large areas. Moreover, as manufacturers focus on innovations by introducing features like fuel-efficient engines and telescopic masts, further industry growth is expected.

Asia Pacific metal halide light tower industry is poised for unprecedented growth through 2032 driven by rapid urbanization, increasing investments in construction projects, and the expansion of industrial activities. Countries like China and India are witnessing a surge in construction projects, driven by rapid urbanization, improving investment scenario, and favorable regulatory policies. Such factors will create lucrative opportunities for the manufacturers to introduce advanced products and expand their consumer base in the APAC region.

Table of Contents

710 Pages
Chapter 1 Methodology & Scope
1.1 Market definitions
1.2 Market estimates and forecast parameters
1.3 Base estimates & calculations
1.4 Forecast calculations
1.5 Data Sources
1.5.1 Primary
1.5.2 Data mining sources
1.5.2.1 Paid
1.5.2.2 Public
Chapter 2 Executive Summary
2.1 Metal halide light tower industry 360 degree synopsis, 2019-2032
2.1.1 Business trends
2.1.2 Channel trends
2.1.3 Product trends
2.1.4 Power source trends
2.1.5 Technology trends
2.1.6 Application trends
2.1.7 Regional trends
Chapter 3 Metal Halide Light Tower Industry Insights
3.1 Industry ecosystem analysis
3.1.1 Vendor Matrix
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 Benchmarking
4.1 Innovation & sustainability landscape
4.2 Competitive landscape, 2023
4.2.1 Strategic dashboard
Chapter 5 Metal Halide Light Tower Market, By Channel
5.1 Key channel trends
5.2 Sales
5.3 Rental
Chapter 6 Metal Halide Light Tower Market, By Product
6.1 Key product trends
6.2 Stationary
6.3 Mobile
Chapter 7 Metal Halide Light Tower Market, By Power Source
7.1 Key power source trends
7.2 Diesel
7.3 Solar
7.4 Direct
7.5 Others
Chapter 8 Metal Halide Light Tower Market, By Technology
8.1 Key technology trends
8.2 Manual lifting
8.3 Hydraulic lifting
Chapter 9 Metal Halide Light Tower Market, By Application
9.1 Key application trends
9.2 Construction
9.3 Infrastructure development
9.4 Oil & gas
9.5 Mining
9.6 Military & defense
9.7 Emergency & disaster relief
9.8 Others
Chapter 10 Metal Halide Light Tower Market, By Region
10.1 Key regional trends
10.2 North America
10.2.1 U.S.
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 Germany
10.3.2 UK
10.3.3 France
10.3.4 Italy
10.3.5 Spain
10.3.6 Russia
10.4 Asia Pacific
10.4.1 China
10.4.2 Japan
10.4.3 India
10.4.4 Australia
10.4.5 South Korea
10.5 Middle East & Africa
10.5.1 Saudi Arabia
10.5.2 UAE
10.5.3 Qatar
10.5.4 Iran
10.5.5 South Africa
10.6 Latin America
10.6.1 Brazil
10.6.2 Argentina
Chapter 11 Company Profiles
11.1 Doosan Portable Power
11.2 Generac Power Systems, Inc.
11.3 LARSON Electronics
11.4 Atlas Copco AB
11.5 Caterpillar
11.6 United Rentals, Inc.
11.7 J C Bamford Excavators Ltd.
11.8 Multiquip Inc.
11.9 Wacker Neuson SE
11.10 HIMOINSA
11.11 Inmesol gensets, S.L.U.
11.12 Trime S.r.l.
11.13 Youngman Richardson
11.14 Colorado Standby
11.15 Chicago Pneumatic
11.16 Light Boy Co. Ltd.
11.17 Allmand Bros Inc.
11.18 DMI
11.19 The Will Burt Company
11.20 OLIKARA LIGHTING TOWERS PVT LTD
11.21 Progress Solar Solutions
11.22 LTA Projects
11.23 Aska Equipments Private Limited

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