Europe Light Tower Market to Reflect Significant Growth Prospects by 2026

Published Date: 2020-07-08

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According to the Graphical Research new growth forecast report titled “Europe Light Tower Market Size By Product (Stationary, Mobile), By Lighting (Metal Halide, LED, Electric), By Power Source (Diesel, Solar, Direct), By Technology (Manual Lifting, Hydraulic Lifting), By Application (Construction, Infrastructure Development {Highway Construction, Railway Line Construction, Bridge Construction}, Oil & Gas, Mining, Military & Defense, Emergency & Disaster Relief), Industry Analysis Report, Regional Outlook (Germany, UK, France, Italy, Spain, Russia, Norway, Sweden, Poland, Netherlands, Belgium, Turkey, Finland, Denmark), Application Potential, Price Trend, Competitive Market Share & Forecast, 2020 – 2026” Garner Brimming Revenues by 2026.

Europe Light Tower Market Growth is projected to grow owing to mega scale smart city developments coupled with the increasing investments on construction and development projects by both national and international agencies including World Bank and International Monetary Fund (IMF). Increasing number of fatalities on account of urgency to accomplish project deadlines has resulted in night-time construction stimulating the mass product adoption.

Metal Halide light tower industry will witness steady growth on account of availability of variety of color temperature options and energy efficiency as they consume less energy and have a higher luminous efficacy than their counterparts. These lights generate a lot of heat and can even explode causing skin burns. However, increasing business outlook toward mining and construction industry coupled with rising demand for disaster relief and emergency situations will escalate the business outlook.

Ongoing introduction of work safety standards by respective governments and international organizations including International Labour Organization (ILO) have mandated light tower installation at jobsite. Moreover, features including tamper proof, variety of lamp options, easy handling and customizable height masts will boost the stationary light tower business potential.

Reliable performance, high flexibility and elongated engine lifespan along with cost efficiency and simple operations are some of the factors driving the demand for direct light towers. These towers face tough competition from the hybrid and solar sourced towers, however availability of diverse road & site-tow trailers equipped in these towers will continue to sustain their usage.

Growing refurbishment activities of existing establishments in compliance with the new development laws along with the rising obligations to continue operations in certain construction sites regardless of weather & time will drive the UK mobile light tower market share. Further, ongoing adoption of infrastructure and construction projects including Salford Media City expansion, One Eastside and Lower Thames Crossing will further boost the business landscape.

The major players operating across the Europe Light Tower Market include Will-Burt Company, Generac Power Systems, Terex Corporation, Atlas Copco, Luxtower, Chicago Pneumatic, J C Bamford Excavators, Doosan Portable Power, Larson Electronics LLC, Inmesol SL, Wacker Neuson Group, and Trime Srl.