Market Share of Light Tower Industry
The light towers market is moderately competitive and consists of several major players. A few of the major players currently dominate the market in terms of market share, which continues to hold a considerable share in the overall market, especially across developed economies in regions such as North America and Europe. In developing economies such as India and China, the market is mainly unorganized, featuring the dominance of regional or local vendors. Realizing the vast growth opportunities, international players slowly enter these unorganized markets through mergers, acquisitions, and establishing supply networks.
- June 2021 - Generac Mobile has developed an 'all-in-one' mobile lighting tower offering a single machine with diesel, battery, hybrid, mains power, and solar options.
- January 2021 - Atlas Copco has introduced a new ultra-quiet, diesel-driven LED light tower in urban and residential areas. Delivering operating noise levels as low as 55 dBA, the renewed version of the HiLight B5+ light tower is ideally suited to provide illumination at events, temporary public lighting, or enhanced visibility at construction sites near residential areas.
Light Towers Market Leaders
Atlas Copco AB
Terex Corporation
Generac Power Systems Inc.
Larson Electronics LLC
Doosan Portable Power
*Disclaimer: Major Players sorted in no particular order
