China Light Tower Market (2019-2025) | Analysis, Size, Revenue, industry, Forecast, Trends, Growth, Value, Segmentation & Outlook

Latest 2023 Developments of the China Light Tower Market

The China Light Tower Market is attaining growing on the back of the number of developments taking place in the sector. The concern of key players on energy-efficient and eco-friendly lighting solutions is the key development in this area and it led to a rise in the production of solar-powered light towers, that are affordable and environmentally friendly. Growth in smart lighting systems is another development of the market as smart lighting systems are controlled remotely through smartphones and other devices. Such systems offer many advantages which include decreased operating costs and enhanced efficiency. The outbreak of the coronavirus disease also had a major impact on the Light Tower Market in China. There was a rise in demand for outdoor lighting solutions during the pandemic as more people were working remotely which helped people enhance security and safety during nighttime hours.

Advancements in LED technology made it possible to produce lights that are brighter with minimum power consumption rates as compared to conventional lighting technologies. This, in turn, is stimulating the China Light Tower Market Growth.

China Light Tower Market Synopsis

Upcoming infrastructure and construction projects such as Shanghai Urban Rail Transit Expansion, The Qinling Tunnel, Shanghai Synchrotron Radiation Laboratory and many more, would increase the widespread application of the light towers. Additionally, increasing government initiatives to replace the old and deteriorated infrastructure and rising inclination towards the use of a renewable and clean source of energy, would result in an increased demand for light towers over the coming years.

According to 6Wresearch, the China Light Tower Market size is projected to grow at a CAGR of 2.1% during 2019-2025. China is shifting towards more locally oriented projects such as road improvements, urban metro systems, and public parks aligned with the 13th Five-Year Plan's (FYP) goals of reducing road traffic and pollution and promoting the growth of small and medium-sized cities, which would provide lucrative growth opportunities to the light tower market. Increasing urbanization backed by huge government investment for the growth of transport infrastructure would require the widespread application of light towers, thereby increasing the market demand.

Due to certain key features such as minimum maintenance requirements, better fuel accessibility, enhanced performance consistency, and superlative storage capacity, the diesel-based light tower are preferred over other light tower. Further, the LED light tower is the highest revenue-generating segment, as the government is providing incentives and rebates for replacing traditional lamps with LED products, this would promote the widespread adoption of LED light towers in future.

The China light tower market report thoroughly covers the market by light types, fuel types and end-users. The light tower market outlook report provides an unbiased and detailed analysis of the ongoing China light tower market trends, opportunities/high growth areas and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

China Light Tower Industry: Key Players

The industry in the country is constantly evolving and there are many players operating in the sector. Some significant market players include:

• Wacker Neuson
• Doosan Portable Power
• JCB Lighting Towers
• Atlas Copco AB
• Terex Corporation
• Allmand Bros Inc.
• Yamaoka Lighting Industry Inc
• Generac Mobile Products LLC

Key Highlights of the Report:

• China Light Tower Market Overview
• China Light Tower Market Outlook
• China Light Tower Market Forecast
• Historical Data of China light tower Market Revenues for the Period 2015-2018
• China light tower Market Size and Forecast of Revenues Until 2025
• Historical Data of China light tower Market Revenues by Light Types, for the Period 2015-2018
• Market Size & Forecast of China light tower Market Revenues by Light Types, until 2025
• Historical Data of China light tower Market Revenues by Fuel Types, for the Period 2015-2018
• Market Size & Forecast of China light tower Market Revenues by Fuel Types, until 2025
• Historical Data of China light tower Market Revenues by End-Users, for the Period 2015-2018
• Market Size & Forecast of China light tower Market Revenues by End-Users, until 2025
• Market Drivers and Restraints
• China light tower Market Trends
• Market Opportunity Assessment
• China light tower Market Share, By Players
• China light tower Market Overview on Competitive Benchmarking
• Company Profiles
• Key Strategic Recommendations

Markets Covered

The China light tower market report provides a detailed analysis of the following market segments:

By Light Types:

• LED
• Metal Halide

By Fuel Types:

• Diesel
• Solar
• Direct

By End-Users:

• Construction
• Mining
• Oil & Gas
• Others

China Light Tower Market: FAQs