New Technologies Herald an Era of Commercial Excellence for Light Towers
Since their inception, light towers have come a long way owing to advancements in technology and evolving end-user requirements. Light towers are increasingly finding applications across a host of industrial domains including construction, oil & gas, and mining among others. While these industries are expected to emerge as fertile grounds for the growth of the light tower market in the near future, widening commercial applications of light towers will also remain vital for market growth. In the past few years, LED technology, paralleling capabilities, and electric models have gained significant popularity and are tipped to strongly influence the adoption of light towers in the coming years.
It is hard to ignore the developments in lighting technology as they continue to evolve as per the required consumer preferences. At the back of the growing environmental concerns, stakeholders involved in the light tower market value chain are primarily focused on the development of flexible and energy-efficient lighting solutions. Moreover, at present, power and fuel systems that utilize electric, solar, and hybrid technologies in conjunction with diffused lighting alternatives to comply with the regulations of the Department of Transportation (DOT) and construction safety are set to become mainstream across job sites worldwide.
Immediacy of Energy-efficient, Electric Light Towers to Take Centre Stage
The past decade has witnessed significant amendments to environmental norms and regulations pertaining to the lighting sector. Apart from minimizing the environmental footprint, these regulations also aim to curb light pollution. In their bid to gain an edge in the current market landscape, stakeholders involved in the light tower market are swaying toward the development of energy-efficient electric light towers. Despite being far becoming mainstream, electric light towers are slowly but steadily garnering a notable amount of popularity. Electric light towers are increasingly being deployed for a range of indoor applications wherein fuel emission and engine noise are a major cause of concern. Furthermore, as LED lights are predominantly used in electric light towers, they require minimal power to operate. Apart from emerging as an energy-efficient alternative, electric light towers are simpler to operate, light in weight, and can be easily maneuvered by hand.
Another trend that is picking up pace in the light tower market is the growing preference for paralleled light towers in which a series of light towers are linked together and powered by a single source. These chain towers are likely to gain significant acceptance as they do not require a power source and most importantly, emit zero emissions. The single source paralleled chain towers also consume less fuel, are easier to maintain, and are relatively quieter than other light tower arrangements. Participants involved in the light tower market are aiming to leverage the benefits of paralleling technology to improve efficiency and optimizing performance.
LED Light Towers Driving Growth at Scale
Within the energy or the power industry, energy efficiency has remained the focal point of research and development activities. LED light towers have thus, managed to attract noteworthy attention in recent years and the trend is projected to continue over the coming decade. LED lights have time and again proved their efficacy in terms of energy efficiency, durability, performance, designs, and more. While there is a lot of coverage on these benefits of LED technology, another major benefit of LED which is often overlooked is its optimum Color Rendering Index (CRI) – which facilitates improved and accurate representation of the color.
While the adoption of LED light towers continues to gain fast-paced traction, the demand for conventional incandescent light towers will remain steady. Owing to the awareness regarding the product and cost-effectiveness of conventional light towers, user preferences continue to tilt toward them particularly in the construction sector. However, with the dwindling prices of LEDs, LED light towers could potentially dent the market share of conventional incandescent light in the coming years.
In an era where hybrid technologies are making heads turn in an array of industrial domains, the storyline holds true for the energy sector as well. Stakeholders in the light tower market are investing resources to develop environmental-friendly technologies by deploying energy-efficient components and lighting assemblies. Many companies are rolling out new ‘hybrid’ lighting towers that comply with the regulatory norms for applications at construction sites or other major facilities including airports. Research and development activities will continue to play an integral role in the development of the future generation of light towers. Despite finding major breakthroughs as far as energy efficiency is concerned, mitigating costs of light towers will remain a major hurdle for participants involved in the light tower market.
Most popular reports
- Non-Destructive Testing Market Forecast, Trend Analysis & Competition Tracking - Global Market Insights 2019 to 2029
- Sandblasting PPE Market Forecast, Trend Analysis & Competition Tracking - Global Market Insights 2019 to 2029
- Construction Equipment Rental Market Forecast, Trend Analysis & Competition Tracking - Global Market Insights 2019 to 2029