Market Dynamics: Understanding the Growth of the Light Towers Industry
The light towers market was estimated at USD 4.77 billion in 2022 and is likely to grow at a CAGR of 5.72% during 2023-2028 to reach USD 6.67 billion in 2028.
Light tower is a permanent or stationary source of flood flight, which is ideal for use in a wide array of industries. The light towers can be categorized based on light type into metal halide and LED. These towers are powered by diesel, solar/hybrid, and direct power.
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