America Light Tower Market Size | Growth Analysis by Product, Applications, Regional Outlook and COVID-19 Impact From 2020-2026

The America light tower market size will witness a significant gain by 2026. Higher investments toward infrastructural expansion, such as bridge construction and railway line will propel America light tower industry share. Relentless outages against the backdrop of hurricanes and other hostile weather have encouraged the footfall of light towers in the U.S. and Brazil.

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While the region reeled under the fallout of COVID-19 in 2020, the ensuing period is expected to provide growth potentials. Infrastructural developments and a rise in construction activities will play a pivotal role in driving the industry size expansion.

Mobile systems will gain impetus across the landscape with the rising prominence of energy-efficient technologies and subsequent demand for lighting towers in remote and distant locations. Strong demand for temporary camps due to the prevalence of natural disasters will further accentuate the industry growth.

These systems are warranted for re-positioning of the lighting equipment owing to operational efficiency, easy installation and reliability. Improved deployments of energy-efficient systems and integration of sophisticated technology will further propel the deployment of mobile light towers.

Metal halide systems will be highly sought-after with bullish demand from retail stores, sports stadiums and drilling sites across the region. The rate of accidents during the night hour operations and rigorous labor laws will augment the penetration of the product.

Considering the trend for energy-efficient and low emission systems, key industry players will spur the trend for LED towers. LED towers will gain prominence following an upsurge in mining activities, auguring well for the industry outlook. The LED towers segment will expand at a significant rate by 2026.

Solar powered towers will spur the trend with soaring traction for eco-friendly energy solutions. Emerging economies such as Brazil are slated to augment the promotional activities, such as duty drawback schemes and subsidies.

End-users will continue to show traction for hydraulic light towers following technological advancements. Notably, these advanced light towers have gained ground to minimize downtime. America light tower market value will surge with surged demand from soaring time-constraint rental projects.

Stakeholders will potentially expand their penetration in the Brazil light tower market in the wake of surging industrialization and expanding projects. With bullish oil and gas exploration projects in the region, Brazil will provide lucrative growth opportunities. According to the EIA, Brazil was among the top ten oil-producing nations in 2019, witnessing the production capacity of more than 2.5 million barrels per day.

An exponential rise in refurbishment activities and construction activities will be pronounced in the U.S., encouraging leading companies to foster their foothold in untapped areas. Besides, the buoyant oil and gas industry has come in the wake of mining and drilling activities. The U.S. light tower market value will observe a significant uptick by 2026.

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Key industry players vying to bolster their product portfolios are Atlas Copco, LTA Projects, Chicago Pneumatic, Will-Burt, Terex Corporation, DMI Light Towers, JC Bamford Excavators and Wacker Neuson, among others.

Table of Contents (ToC) of the report:

Chapter 1   Methodology and Scope

1.1    Research Methodology

1.2    List of Data Sources

1.2.1    Primary

1.2.2    Secondary

Chapter 2   Market Snapshot

2.1    America light tower market snapshot

Chapter 3   America Light Tower Market Trends

3.1    Industry coverage

3.2    Industry size & forecast, 2015 – 2026

3.3    Value chain analysis

3.3.1    Company product snapshot

3.4    Innovation Landscape

3.5    Regulatory norms & directives

3.6    Drivers & restraints

3.6.1    Market drivers

3.6.2    Market restraints

3.7    Industry analysis - Porter's

3.8    Product growth mapping

3.9    Competitive benchmarking, 2019

3.9.1    Strategy dashboard

3.10    PEST analysis

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