New Analysis from Global Industry Analysts Reveals Steady Growth for Light Towers, with the Market to Reach $3 Billion Worldwide by 2026


SAN FRANCISCO, Oct. 20, 2021 /PRNewswire/ —  A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled “Light Towers – Global Market Trajectory & Analytics”. The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.

FACTS AT A GLANCE

Edition: 6; Released: April 2021

Executive Pool: 1514

Companies: 16 – Players covered include Allmand Bros., Inc.; Atlas Copco AB; Brandon Hire Limited; Coates Hire; Doosan Corporation; Generac Holdings Inc.; Himoinsa S.L.; Ishikawa Machine Co., Ltd.; John Nixon Ltd.; Lambson’s Hire; Mainline Group; Mhm, Ltd.; Multiquip Inc.; P & I Generators, Ltd.; Perennial Technologies Pvt., Ltd.; Terex Corporation; The Will-Burt Company; United Rentals, Inc.; Wacker Neuson SE; Wanco Inc.; Xylem, Inc.; Zahid Tractor & Heavy Machinery Co. Ltd. and Others.

Coverage: All major geographies and key segments

Segments: End-Use (Construction, Oil & Gas, Mining, Other End-Uses); Light Type (Metal Halide, LED)

Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

Complimentary Project Preview – This is an ongoing global program. Preview our research program before you make a purchase decision. We are offering a complimentary access to qualified executives driving strategy, business development, sales & marketing, and product management roles at featured companies. Previews provide deep insider access to business trends; competitive brands; domain expert profiles; and market data templates and much more. You may also build your own bespoke report using our MarketGlass™ Platform which offers thousands of data bytes without an obligation to purchase our report. Preview Registry

ABSTRACT-

Global Light Towers Market to Reach $3 Billion by 2026

Amid the COVID-19 crisis, the global market for Light Towers estimated at US$2.2 Billion in the year 2020, is projected to reach a revised size of US$3 Billion by 2026, growing at a CAGR of 4.9% over the analysis period. Metal Halide, one of the segments analyzed in the report, is projected to record a 4.6% CAGR and reach US$2.3 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the LED segment is readjusted to a rev ised 5.9% CAGR for the next 7-year period.

The U.S. Market is Estimated at $636.2 Million in 2021, While China is Forecast to Reach $597.3 Million by 2026

The Light Towers market in the U.S. is estimated at US$636.2 Million in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$597.3 Million by the year 2026 trailing a CAGR of 7.5% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.7% and 4.5% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 3.1% CAGR. More

MarketGlass™ Platform

Our MarketGlass™ Platform is a free full-stack knowledge center that is custom configurable to today`s busy business executive`s intelligence needs! This influencer driven interactive research platform is at the core of our primary research engagements and draws from unique perspectives of participating executives worldwide. Features include – enterprise-wide peer-to-peer collaborations; research program previews relevant to your company; 3.4 million domain expert profiles; competitive company profiles; interactive research modules; bespoke report generation; monitor market trends; competitive brands; create & publish blogs & podcasts using our primary and secondary content; track domain events worldwide; and much more. Client companies will have complete insider access to the project data stacks. Currently in use by 67,000+ domain experts worldwide.

Our platform is free for qualified executives and is accessible from our website www.StrategyR.com or via our just released mobile application on iOS or Android

About Global Industry Analysts, Inc. & StrategyR™

Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher the world`s only influencer driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.

CONTACTS:

Zak Ali

Director, Corporate Communications

Global Industry Analysts, Inc.

Phone: 1-408-528-9966

www.StrategyR.com

Email: ZA@StrategyR.com

LINKS

Join Our Expert Panel

https://www.strategyr.com/Panelist.asp

Connect With Us on LinkedIn

https://www.linkedin.com/company/global-industry-analysts-inc./

Follow Us on Twitter

https://twitter.com/marketbytes

Journalists & Media

Info411@strategyr.com

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/new-analysis-from-global-industry-analysts-reveals-steady-growth-for-light-towers-with-the-market-to-reach-3-billion-worldwide-by-2026-301404852.html

SOURCE Global Industry Analysts, Inc.

rt

Source link

The content is by PR Newswire. Headlines of Today Media is not responsible for the content provided or any links related to this content. Headlines of Today Media is not responsible for the correctness, topicality or the quality of the content.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy