세계의 모바일 솔라 라이트 타워(이동식 태양광 조명 타워) 시장 예측(-2030년) : 조명별, 기술별, 용도별, 지역별 전망

According to Stratistics MRC, the Global Solar Mobile Light Tower Market is accounted for $1.71 billion in 2024 and is expected to reach $2.59 billion by 2030 growing at a CAGR of 7.1% during the forecast period. A Solar Mobile Light Tower is a portable lighting solution powered by solar energy, designed to illuminate outdoor spaces efficiently and sustainably. It typically consists of a tall tower mounted on a mobile platform, equipped with powerful LED lights powered by solar panels installed on the tower's surface. The mobility feature enables easy transportation and deployment to different locations as needed, providing flexible lighting solutions where grid power is unavailable or impractical.

Market Dynamics:

Driver:

Increasing focus on disaster management

During emergencies such as natural disasters or humanitarian crises, conventional power sources may become unavailable, making reliable lighting a critical need for rescue operations, medical assistance, and general safety. Solar mobile light towers offer a sustainable and dependable solution, harnessing solar energy to power efficient LED lights. Their mobility allows for swift deployment in affected areas, providing essential illumination without reliance on grid electricity. Furthermore, the environmentally friendly nature of solar power aligns with the global push towards sustainability, making these solutions not only practical but also environmentally responsible.

Restraint:

Initial investment costs

The Solar Mobile Light Tower Market faces challenges due to initial investment costs, which act as a barrier to entry for many potential consumers. While solar technology offers long-term cost savings and environmental benefits, the upfront expenses required to purchase and install solar-powered light towers can be significant. These costs encompass not only the equipment itself but also installation, maintenance and infrastructure adjustments. However, despite decreasing prices of solar panels and batteries over time, the initial investment remains a hurdle for businesses and organizations, particularly those with limited budgets or competing financial priorities.

Opportunity:

Innovations in solar panel efficiency

Innovations in solar panel efficiency have become a driving force behind the growth of the Solar Mobile Light Tower Market. The continual advancements in solar technology, particularly in panel efficiency, have significantly enhanced the performance of solar-powered light towers. Higher efficiency panels can generate more electricity from the same amount of sunlight, enabling these light towers to operate for longer periods and in various environmental conditions. Moreover, this increased efficiency also reduces the size and weight of solar panels required for adequate power generation, making the light towers more compact, portable, and cost-effective.

Threat:

Maintenance and service

Maintenance and service requirements can pose significant challenges to the growth of the Solar Mobile Light Tower Market. While solar-powered solutions offer eco-friendly and cost-effective alternatives to traditional lighting systems, they still require periodic maintenance and servicing to ensure optimal performance. This necessity for upkeep can increase the overall operating costs and may deter potential customers, especially those looking for hassle-free solutions. However, the lack of standardized maintenance practices across different manufacturers and regions can lead to inconsistencies in service quality and reliability.

Covid-19 Impact:

The Covid-19 pandemic significantly influenced the solar mobile light tower market. With lockdowns and restrictions imposed globally, there was a notable slowdown in construction activities, events, and outdoor projects, which are primary consumers of mobile light towers. This decline in demand dampened market growth temporarily. Disruptions in the supply chain and manufacturing processes due to restrictions on movement and workforce limitations further hampered the market's momentum. However, the pandemic also highlighted the importance of sustainable and off-grid energy solutions, leading to increased interest in solar-powered alternatives.

The Emergency Lighting segment is expected to be the largest during the forecast period

Emergency Lighting segment is expected to be the largest during the forecast period. Emergency lighting systems equipped within these towers ensure continuous illumination during power outages or emergencies, enhancing safety and visibility in various environments such as construction sites, outdoor events, and disaster relief areas. These lighting solutions often incorporate high-efficiency LED technology, ensuring reliable and long-lasting performance while minimizing energy consumption. Additionally, the integration of solar power further enhances the sustainability aspect of these towers, reducing dependence on traditional grid-based electricity and lowering operational costs over time.

The Hydraulic lifting segment is expected to have the highest CAGR during the forecast period

Hydraulic lifting segment is expected to have the highest CAGR during the forecast period as these systems enable easy deployment and repositioning of the light towers, enhancing their flexibility and efficiency. With hydraulic mechanisms, users can effortlessly adjust the height of the tower to optimize light coverage, making them suitable for various applications such as construction sites, events, and emergency response scenarios. This feature substantially improves the usability and versatility of solar mobile light towers, making them more appealing to a broader range of industries and users.

Region with largest share:

Asia Pacific region commanded the largest market share over the projection period. Heightened concerns about carbon emissions and environmental sustainability have prompted governments and businesses to seek cleaner energy solutions, leading to increased adoption of solar-powered technologies like mobile light towers across the region. The region's vulnerability to natural disasters, exacerbated by climate change, has highlighted the necessity for reliable off-grid lighting solutions during emergencies and recovery efforts. Additionally, the declining costs of solar technology, coupled with advancements in energy storage, have made solar mobile light towers more economically viable and attractive alternatives to traditional diesel-powered models in the region.

Region with highest CAGR:

Europe region is poised to hold profitable growth during the extrapolated period. With an increasing focus on sustainability and reducing carbon emissions, European governments have implemented stringent regulations favoring renewable energy sources. This has led to a surge in demand for solar-powered solutions, including mobile light towers, which offer an eco-friendly alternative to traditional diesel-powered units in the region. Additionally, incentives such as subsidies, tax breaks, and feed-in tariffs further encourage the regional adoption of solar technologies.

Key players in the market

Some of the key players in Solar Mobile Light Tower market include Atlas Copco AB, Biglux Innovation Ltd, Caterpillar, Colorado Standby, Herc Rentals Inc, Larson Electronics, National Signal Inc, Progress Solar Solutions, LLC, Sunbelt Rentals, Inc, United Rentals, Inc and Wacker Neuson SE.

Key Developments:

In February 2024, Herc Rentals has acquired Wisconsin-based Aerial Work Platforms, Inc. (AWP) Terms of the deal were not disclosed. The transaction will see Herc tack on four locations across Wisconsin and add all 1,800 of AWP's aerial assets to its fleet.

In June 2021, Atlas Copco unveiled the HiLight S2+, a novel series of solar-powered LED light towers. This innovative product empowers users to reduce CO2 emissions by up to six tonnes when compared to conventional technologies. The HiLight S2+ stands out for its high-performance capabilities, ensuring optimal visibility for workers while enabling operational sites to enhance their sustainability efforts and adhere to noise regulations while achieving zero carbon emissions.

Lightings Covered:

• Emergency Lighting
• Light-emitting Diode
• Other Lightings

Technologies Covered:

• Hydraulic lifting
• Battery Storage
• Smart Controls and Monitoring Systems
• Other Technologies

Applications Covered:

• Emergency & Disaster Relief
• Military & Defense
• Oil & Gas
• Infrastructure Development
• Other Applications

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Technology Analysis
• 3.7 Application Analysis
• 3.8 Emerging Markets
• 3.9 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Solar Mobile Light Tower Market, By Lighting

• 5.1 Introduction
• 5.2 Emergency Lighting
• 5.3 Light-emitting Diode
• 5.4 Other Lightings

6 Global Solar Mobile Light Tower Market, By Technology

• 6.1 Introduction
• 6.2 Hydraulic lifting
• 6.3 Battery Storage
• 6.4 Smart Controls and Monitoring Systems
• 6.5 Other Technologies

7 Global Solar Mobile Light Tower Market, By Application

• 7.1 Introduction
• 7.2 Emergency & Disaster Relief
• 7.3 Military & Defense
• 7.4 Oil & Gas
• 7.5 Infrastructure Development
• 7.6 Other Applications

8 Global Solar Mobile Light Tower Market, By Geography

• 8.1 Introduction
• 8.2 North America
  • 8.2.1 US
  • 8.2.2 Canada
  • 8.2.3 Mexico
• 8.3 Europe
  • 8.3.1 Germany
  • 8.3.2 UK
  • 8.3.3 Italy
  • 8.3.4 France
  • 8.3.5 Spain
  • 8.3.6 Rest of Europe
• 8.4 Asia Pacific
  • 8.4.1 Japan
  • 8.4.2 China
  • 8.4.3 India
  • 8.4.4 Australia
  • 8.4.5 New Zealand
  • 8.4.6 South Korea
  • 8.4.7 Rest of Asia Pacific
• 8.5 South America
  • 8.5.1 Argentina
  • 8.5.2 Brazil
  • 8.5.3 Chile
  • 8.5.4 Rest of South America
• 8.6 Middle East & Africa
  • 8.6.1 Saudi Arabia
  • 8.6.2 UAE
  • 8.6.3 Qatar
  • 8.6.4 South Africa
  • 8.6.5 Rest of Middle East & Africa

9 Key Developments

• 9.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 9.2 Acquisitions & Mergers
• 9.3 New Product Launch
• 9.4 Expansions
• 9.5 Other Key Strategies

10 Company Profiling

• 10.1 Atlas Copco AB
• 10.2 Biglux Innovation Ltd
• 10.3 Caterpillar
• 10.4 Colorado Standby
• 10.5 Herc Rentals Inc
• 10.6 Larson Electronics
• 10.7 National Signal Inc
• 10.8 Progress Solar Solutions, LLC
• 10.9 Sunbelt Rentals, Inc
• 10.10 United Rentals, Inc
• 10.11 Wacker Neuson SE