Global Light Towers Market Growth Prediction Motivated by Industry’s Key Players and Opportunities between 2018 and 2027
Verfasser: ashwani_kailiya on Tuesday, 15 October 2019Light tower sales are likely to surpass 191 thousand units in 2019, up from 183 thousand units in 2018, driven by demand for high-quality industrial lighting systems continues to influence the growth of light towers market. These insights are as per the latest Fact.MR report projects an optimistic scenario for light towers market in the future. Fact.MR’s report offers credible insights and an in-depth opportunity assessment of light towers market. The report enunciates that the light towers market is likely to proliferate at a CAGR of over 4% through 2027.
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The report opines that LED light towers will outsell the halide variants in 2019. The trend toward light-emitting diode (LED) lamps is more evident than ever in the light of cost-effectiveness and enhanced illumination quality as compared to that of traditional metal-halide lighting. Being nearly twice as fuel-efficient as the halide variants, LED light towers have been identified to register the fastest Y-O-Y growth in 2019.