Light Tower Market Size to Surge at the CAGR of 4.6% during 2019 to 2029
Verfasser: ashwani_kailiya on Thursday, 19 March 2020A light tower is basically a piece of mobile equipment combined with one or more high-intensity electric lamps. In most cases, the lights stays attached to the mast, which is additionally attached to a trailer, and includes a generator which provides power to the lamps. According to this Fact.MR study, it has been investigated that lighting requirements for outdoor construction sites are motivating the increased adoption of light towers, thereby, enabling the workers to perform tasks till late evenings without much hassle. This report carefully evaluates other market factors which are linked to the light towers sector at the global level. The report titled “Light Towers Market Forecast, Trend Analysis & Competition Tracking - Global Market Insights 2019 to 2029”, works to highlight the growth course of light towers market through the end-to-end coverage of crucial aspects including market size (US$ Mn), market drivers, revenue share and geographical expanse during the period until 2029.
According to this published Fact.MR report, light tower sales are expected to surpass 191 thousand units in 2019, rising from 183 thousand units in 2018. This growth is majorly driven by swelling demand for high-quality industrial lighting systems which are steadily impacting the growth of light towers market. Fact.MR reveals in its newest report that light tower market will experience a 1.6X growth to hit a valuation of ~US$ 2.3 Bn by 2029.