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Mobile Light Tower Market Expected to Surpass $3.1 Billion by 2031

Mobile Light Tower Market Expected to Surpass $3.1 Billion by 2031 hsauer Thu, 11/17/2022 - 09:23

Mobile Light Tower Market Expected to Surpass $3.1 Billion by 2031

The global mobile light tower market, valued at $1.9 billion in 2021, is expected to reach a $3.1 billion valuation by 2031. A September 2022 report published by Allied Market Research details the causes and trends leading to the expected 5.2% compound annual growth rate from 2022 to 2031.

An increase in infrastructure projects is the leading growth factor. Construction applications led the market growth, specifically the highway, railway and bridge construction segments. Mobile light towers are essential on construction sites that lack adequate lighting and for nighttime operations. In addition, using light towers on railway, highway, roadway, sewer, power and other infrastructure projects increases worker safety and productivity.

A mobile light tower uses an array of electric lamps affixed to the top of a mast. The tower is positioned on top of a trailer, allowing easy transportation from site to site. A generator at the back of the trailer illuminates the lights using diesel, solar, battery power or hybrid methods.

The global light tower market forecast was segmented based on power source, lighting type, technology, application and region. North America accounts for the largest mobile light tower market share, followed by Europe and Asia-Pacific.

Key findings of the study based on 2021 mobile light tower data include:

  • Diesel accounted for the largest share of power sources.
  • Metal halide was the leading lighting type used.
  • The leading technology used was manual.
  • Construction was the leading application for use of mobile light towers.

The surge in demand for mobile tower lights has prompted new product development. In 2021, for example, Generac Power Systems Inc., developed an all-in-one mobile lighting tower capable of operating with diesel, battery, hybrid, external power and solar energy as a single machine.

While the effects of the COVID-19 global pandemic temporarily impacted mobile light tower market growth, the effect has subsided. Vaccine and distancing initiatives, supplemented by increased government infrastructure funding, have allowed once-halted construction operations to move forward.

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The post Creative Burnout Destroying Your Passion? (Try These 4 Quick Strategies) appeared first on Chase Jarvis.




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