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Download Free sampleThe global Light Towers market was valued at 79.21 Million USD in 2021 and will grow with a CAGR of .2% from 2021 to 2027, based on Research newly published report.
The prime objective of Light Towers Market is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, Light Towers Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
A light towers is a kind of mobile equipment which has high-intensity electric lamps used in construction, mining, road and bridge construction, emergency and disaster relief, general construction, oil and gas work, special events and other application fields.The global market size of light towers is about 60000 units in total in 2015. There has been moderate growth (CAGR of 3.62%) from 2011 to 2015, and we expect global market will not grow greatly in future. The main customers of light towers are the companies in many industries like coal industry, mining industry, oil industry, etc. Currently, Europe and North America are the two largest consumption regions, which account for more than half of total consumption amount. However, R&D spending in emerging markets such as China, India are increasing, driving the market grow steadily in the short-term future.
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