America Light Tower Market value is anticipated to grow on account of persistent blackouts during weather-related catastrophes along with the necessity to continue construction activities even through night hours. Increasing investments toward infrastructural expansion including railway line and bridge construction along with the mounting urgency to operate these sites irrespective of time and weather adversities will augment the business growth.
The global economy was hit hard by an unanticipated outbreak of COVID-19. The virus that was first acknowledged in China’s Hubei province in December 2019, become a global health threat. According to the WHO, novel coronavirus has impacted over 200 nations along with causing lockdowns in a few countries, in turn, limiting the industry growth. However, the consistent demand to response to the crisis comprising healthcare construction will enhance the product deployment.
Mobile systems will grow owing to shifting focus toward energy efficient technology along with surging need for lighting in remote & distant locations. Escalated demand for temporary camps on account of frequent natural disasters along with intensified army training & operations with an aim to facilitate semi-permanent lodging accommodations is set to fuel the product adoption. Further, rising demand for temporary electricity supply on account of growing nocturnal construction activities will positively enhance the product deployment.
Increasing requirement for high intensity lighting in commercial spaces including sports stadiums, retail stores and drilling sites which involve large-scale operations and construction activities will enhance the metal halide system deployment. Rising frequency of lethal accidents particularly during night hour operations in conjunction with stringent labour laws focussed at employee safety will further encourage the product adoption.
Shifting industry focus toward environment friendly energy solutions along with the increased implementation of emission reduction norms will stimulate the solar powered systems’ industry statistics. Growing utilization of these units with an overarching aim of combating carbon footprint is set to enhance the industry growth. Further, promotional activities including provision of fiscal incentives comprising subsidies, duty drawback options and solar credits will positively impact the market scenario.
Hydraulic light tower market size will increase in consequence of growing inclination toward adoption of automated technologies and easy-to-use equipment. These systems can be raised & lowered at the function of a button that supports in reducing the downtime, thereby positively impacting the operations. In addition, ongoing technological advancements along with the wider applicability of these units across the time sensitive rental projects is set to complement the product demand.
Robust development of transportation sector in consequence of rising investments aimed at infrastructural expansion will fuel the market growth. Tough working scenarios in mining and oil & gas application along with everchanging focus centered at sturdy lighting systems is anticipated to enhance the industry outlook. Further, increased emphasis on health and safety of employees working in lethal construction zones will continue to entail the product deployment.
Ongoing construction activities on account of growing refurbishment activities and increased frequency of storms and hurricanes is anticipated to drive the product adoption across the U.S. Wider applicability of light towers across construction and O&G sites in order to ensure reliable and safe operations will the product adoption. Additionally, rising mining & drilling activities on account of escalated adoption of O&G exploration projects is projected to positively influence the industry statistics.
Eminent industry participants functioning across the America light tower market include Atlas Copco, Generac, Terex Corporation, LTA Projects, The Will-Burt, Wacker Neuson and Chicago Pneumatic amongst others.