North America Solar Light Tower Market Size - By Channel (Sales, Rental), By Product (Stationary, Mobile), By Lighting (Metal Halide, LED, Electric), By Technology (Manual Lifting, Hydraulic Lifting), By Application & Growth Forecast, 2024 - 2032
Market Report I 2024-04-18 I 200 Pages I Global Market Insights
North America Solar Light Tower Market size will witness over 6% CAGR from 2024 to 2032, due to the surge in new launches and technological advancements. Leading companies in the region are enhancing the efficiency and features of solar light towers by integrating cutting-edge solar panel technologies and advanced battery storage systems. These innovations are improving the reliability and sustainability of these towers for meeting the rising demand for environmentally friendly and portable lighting solutions.
Increasing advancements are also helping solar light towers to become more versatile and efficient in fulfilling a wide range of applications in construction, events, and emergency scenarios globally. For instance, in March 2024, Axiom Equipment Group, a leader in industrial equipment solutions, launched Metrolite SLT-490 Solar LED Light Tower for meeting the demand for eco-friendly, portable lighting with advanced features and efficiency.
The North America solar light tower market is segregated into channel, product, lighting, technology, application and country.
By channel, the sales segment is estimated to rise at a significant rate from 2024 to 2032 due to rising efforts to establish robust distribution networks. Several companies are actively partnering with local distributors and online platforms to reach a broader customer base. This expansion is helping in integrating advanced logistics and supply chain strategies to streamline distribution processes and enhance customer engagement through personalized services and efficient delivery options.
Solar light tower industry from the stationary product segment is expected to expand from 2024 to 2032, led by higher utilization of solar energy for illumination in outdoor settings. Stationary solar light towers help in absorbing sunlight throughout the day while storing it in batteries to ensure continuous operation after sunset. Advantages of operating autonomously for reducing reliance on traditional power sources and contributing to environmental conservation efforts will add to the segment growth.
Canada solar light tower industry size is projected to depict robust growth between 2024 and 2032, propelled by the expansion of construction and mining activities. These towers harness solar energy for providing essential illumination on-site whilst absorbing sunlight during the day and storing it in batteries for continuous operation through the night. Engineers in the country are optimizing solar panel efficiency for enhancing battery storage capacities. Moreover, the strong focus on scaling up production to cater to increased needs of sustainable lighting solutions in will favor the regional product uptake.
Report Content
Chapter 1 Methodology & Scope
1.1 Market definitions
1.2 Base estimates & calculations
1.3 Forecast calculation
1.4 Data sources
1.4.1 Primary
1.4.2 Secondary
1.4.2.1 Paid
1.4.2.2 Public
Chapter 2 Industry Insights
2.1 Industry ecosystem analysis
2.1.1 Vendor matrix
2.2 Regulatory landscape
2.3 Industry impact forces
2.3.1 Growth drivers
2.3.2 Industry pitfalls & challenges
2.4 Growth potential analysis
2.5 Porter's analysis
2.5.1 Bargaining power of suppliers
2.5.2 Bargaining power of buyers
2.5.3 Threat of new entrants
2.5.4 Threat of substitutes
2.6 PESTEL analysis
Chapter 3 Competitive landscape, 2023
3.1 Strategic dashboard
3.2 Innovation & sustainability landscape
Chapter 4 Market Size and Forecast, By Channel, 2021 - 2032 (USD Million)
4.1 Key trends
4.2 Sales
4.3 Rental
Chapter 5 Market Size and Forecast, By Product, 2021 - 2032 ('000 Units & USD Million)
5.1 Key trends
5.2 Stationary
5.3 Mobile
Chapter 6 Market Size and Forecast, By Lighting, 2021 - 2032 ('000 Units & USD Million)
6.1 Key trends
6.2 Metal halide
6.3 LED
6.4 Electric
6.5 Others
Chapter 7 Market Size and Forecast, By Technology, 2021 - 2032 ('000 Units & USD Million)
7.1 Key trends
7.2 Manual lifting
7.3 Hydraulic lifting
Chapter 8 Market Size and Forecast, By Application, 2021 - 2032 ('000 Units & USD Million)
8.1 Key trends
8.2 Construction
8.3 Infrastructure development
8.4 Oil & gas
8.5 Mining
8.6 Military & defense
8.7 Emergency & disaster relief
8.8 Others
Chapter 9 Market Size and Forecast, By Country, 2021 - 2032 ('000 Units & USD Million)
9.1 Key trends
9.2 U.S.
9.3 Canada
9.4 Mexico
Chapter 10 Company Profiles
10.1 Atlas Copco AB
10.2 Axiom Equipment Group
10.3 Caterpillar
10.4 Colorado Standby
10.5 DOMINIGHT LLC
10.6 Generac Mobile Products
10.7 Globe Power
10.8 GREENSKY MOBILE POWER & LIGHT
10.9 Herc Rentals Inc.
10.10 National Signal Inc.
10.11 Pacific Highway Rentals
10.12 Progress Solar Solutions
10.13 Sol Systems
10.14 Sunbelt Rentals, Inc.
10.15 Trime S.r.l.
10.16 United Rentals, Inc.
10.17 VERMAC
10.18 Wacker Neuson SE
10.19 WANCO INC
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