Light Tower Rental Market

ID: MRFR/E&P/38900-HCR

100 Pages

Chitranshi Jaiswal

October 2025

Light Tower Rental Market Research Report By Power Source (Diesel, Electric, Hybrid), By Tower Height (Under 30 meters, 30-50 meters, Over 50 meters), By Application (Construction, Mining, Oil and Gas, Events), By Rental Period (Short-term (under 3 months), Medium-term (3-12 months), Long-term (over 12 months)) and By Regional (North America, Europe, South America, Asia Pacific, Middle East and Africa) - Forecast to 2035

Summary Table of Contents Segmentation Download PDF

1. Market Overview

2. Market Trends

3. Market Segment Insights

4. Key Players and Competitive Insights

5. Industry Developments

6. Market Segmentation

7. Report Scope

8. Market Highlights

9. FAQs

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Light Tower Rental Market Summary

The Global Light Tower Rental Market is projected to grow from 2.65 USD Billion in 2024 to 5.43 USD Billion by 2035, reflecting a robust CAGR of 6.73%.

Key Market Trends & Highlights

Light Tower Rental Key Trends and Highlights

The market is expected to expand significantly, reaching 5.43 USD Billion by 2035.
From 2025 to 2035, the market is anticipated to grow at a compound annual growth rate of 6.73%.
In 2024, the market valuation stands at 2.65 USD Billion, indicating a strong foundation for future growth.
Growing adoption of light towers due to increasing demand for temporary lighting solutions is a major market driver.

Light Tower Rental Market

CAGR

6.73%

Market Size & Forecast

2024 Market Size	2.65 (USD Billion)
2035 Market Size	5.43 (USD Billion)
CAGR (2025-2035)	6.73%

Major Players

Aggreko, Atlas Copco, Doosan Industrial Vehicle America Corporative, United Rentals, Telstar Genset Rental, Vermeer, Snorkel, Power Equipment Rentals, FieldCore, Caterpillar Rental Services, Nationwide Lift, Sunstate Equipment, Herc Rental Services, Generac Power System, Hertz Equipment Rental

Light Tower Rental Market Trends

The recent increase in the demand for light towers has been the result of some crucial market drivers and recent trends in the Light Tower Rental Market. Specifically, As there are more construction and mining sites, there is more focus on safety and visibility, and also there is enhanced construction rental instead of purchasing. Moreover, the provision of such temporary light solutions for a particular concert, for disaster management, or during any emergency cases are also other factors boosting the market.

Moreover, the Cancer Society estimates that many construction rental companies are starting to rent more light towers due to the switch to LED lights and anti-theft remote monitoring systems becoming more of a standard than a luxury. Therefore, it is likely that the market will continue to grow in the upcoming years.

Source: Primary Research, Secondary Research, Market Research Future Database and Analyst Review

The demand for light towers in various sectors, including construction and emergency response, appears to be on the rise, driven by the need for enhanced visibility and safety during nighttime operations.

U.S. Department of Energy

Light Tower Rental Market Drivers

Growing Infrastructure Development

The Global Light Tower Rental Market Industry is experiencing a surge due to increasing infrastructure development projects worldwide. Governments and private sectors are investing heavily in construction, roadworks, and public facilities, which require adequate lighting solutions for safety and efficiency. For instance, the global construction industry is projected to reach a value of 10 trillion USD by 2024, driving demand for light towers. This trend is expected to contribute to the market's growth, with the industry anticipated to reach 2.65 USD Billion in 2024 and further expand as infrastructure projects continue to proliferate.

Market Segment Insights

Light Tower Rental Market Segment Insights:

Light Tower Rental Market Power Source Insights

The Light Tower Rental Market is segmented by power source into Diesel, Electric, and Hybrid. Among these segments, in 2023, Diesel held the dominant position in the market. The segment is expected to register a steady growth rate and reach a valuation of USD 1250 million by 2025, accounting for approximately 63.2% of the rental market. However, Electric is anticipated to witness the highest CAGR of 7.24% during the forecast period, owing to increasing environmental concerns and government regulations promoting the adoption of sustainable solutions.

Electric light towers offer lower operating costs and reduced noise and emissions, making them a viable alternative to traditional diesel-powered models. Hybrid light towers, which combine both diesel and electric power sources, are also gaining traction as they provide flexibility and efficiency. Hybrid systems can switch between power sources depending on availability and load requirements, resulting in optimized fuel consumption and reduced operating costs. The Light Tower Rental Market is expected to expand significantly over the next decade, driven by rising demand from various sectors, including construction, mining, and emergency response.

Growing awareness about environmental sustainability and advancements in technology are expected to further drive the adoption of electric and hybrid light towers, contributing to the overall growth of the market.

Source: Primary Research, Secondary Research, Market Research Future Database and Analyst Review

Light Tower Rental Market Tower Height Insights

The Light Tower Rental Market is segmented by Tower Height into Under 30 meters, 30-50 meters, and Over 50 meters. Among these segments, the 30-50 meters segment is projected to dominate the market in 2023 as a result of its high penetration in construction, mining, and event applications. However, the Under 30 meters segment is anticipated to witness a faster growth rate during the forecast period due to the growing demand for portable and smaller lighting systems to support mini and small-scale applications.

On the other hand, the Over 50-meter segment is likely to hold the largest share of the Light Tower Rental Market revenue by 2032.

This is due to the increasing demand for ,high-intensity light towers in larger projects such as big infrastructure developments, sports events, and emergency services. All three segments are expected to be highly driven by the growth of LED technology in this market. LEDs enable the light towers to provide more efficient, long-lasting, and lower energy consumption operations with better quality of light across the board.

Light Tower Rental Market Application Insights

The Light Tower Rental Market is segmented by application into Construction, Mining, Oil and Gas, and Events. The Construction segment is expected to dominate the market with a share of over 40% in 2023, followed by the Mining segment with a share of over 25%. The Oil and Gas segment is expected to grow at a CAGR of over 6% during the forecast period of 2023-2032, driven by the increasing demand for lighting solutions in remote areas. The Events segment is also expected to grow steadily during the forecast period, driven by the growing number of outdoor events and festivals.

Light Tower Rental Market Rental Period Insights

The Rental Period segment of the Light Tower Rental Market is categorized into short-term (under 3 months), medium-term (3-12 months), and long-term (over 12 months). In 2023, the short-term rental period dominated the market, accounting for over 55% of the Light Tower Rental Market revenue. The short-term rental period is preferred for temporary projects or events that require immediate lighting solutions. The medium-term rental period is expected to witness significant growth in the coming years due to the increasing demand for light towers for construction projects and disaster relief operations.

The long-term rental period is suitable for large-scale projects that require continuous lighting over an extended period. The Light Tower Rental Market segmentation provides valuable insights into the market dynamics and helps stakeholders make informed decisions.

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Regional Insights

The Light Tower Rental Market is segmented into North America, Europe, APAC, South America, and MEA. North America is expected to hold the largest share of the market in 2023, owing to the presence of a large number of construction and mining companies. Europe is expected to be the second-largest market, followed by APAC. The APAC region is expected to witness significant growth in the coming years due to the increasing number of infrastructure projects in the region. South America and MEA are expected to be the smallest markets for light tower rental.

Some key insights regarding the regional segmentation of the Light Tower Rental Market include: The North American market is expected to reach a value of USD 1.2 billion by 2024, growing at a CAGR of 5.5%. The European market is expected to reach a value of USD 0.9 billion by 2024, growing at a CAGR of 4.8%. The APAC market is expected to reach a value of USD 0.7 billion by 2024, growing at a CAGR of 6.2%. The South American market is expected to reach a value of USD 0.2 billion by 2024, growing at a CAGR of 3.5%. The MEA market is expected to reach a value of USD 0.1 billion by 2024, growing at a CAGR of 4.2%.

Light Tower Rental Market Regional Insights

Source: Primary Research, Secondary Research, Market Research Future Database and Analyst Review

Key Players and Competitive Insights

Major players in the Light Tower Rental Market industry are constantly striving to gain a competitive edge by introducing innovative products and technologies. Leading Light Tower Rental Market players are investing heavily in research and development to create advanced light towers that meet the evolving needs of end-users. The Light Tower Rental Market Competitive Landscape is expected to remain highly competitive in the years to come, with new entrants constantly emerging and established players looking for ways to expand their market share.

Aggreko is a leading provider of temporary power, temperature control, and event services. The company has a global presence and a wide range of products and services that meet the needs of customers in a variety of industries. Aggreko's light tower rental business is a key part of its overall operations, and the company has a strong track record of providing reliable and cost-effective solutions to its customers. Atlas Copco is a global provider of industrial equipment and services. The company has a wide range of products and services, including light towers, compressors, and generators.

Atlas Copco's light tower rental business is a key part of its overall operations, and the company has a strong track record of providing reliable and cost-effective solutions to its customers.

Key Companies in the Light Tower Rental Market market include

Industry Developments

The Light Tower Rental Market is projected to witness steady growth over the forecast period, driven by increasing demand from various industries such as construction, mining, and oil and gas. The market is expected to be valued at USD 2.57 billion in 2023 and is projected to reach USD 4.5 billion by 2032, exhibiting a CAGR of 6.44% during the forecast period. Recent news developments in the market include the launch of new products and services by key players.

For instance, in January 2023, Aggreko, a leading provider of temporary power and temperature control solutions, introduced a new range of LED light towers designed to offer improved illumination and energy efficiency. Such developments are anticipated to drive market growth over the coming years.

Future Outlook

Light Tower Rental Market Future Outlook

The Global Light Tower Rental Market is projected to grow at a 6.73% CAGR from 2024 to 2035, driven by infrastructure development, increased safety regulations, and technological advancements.

New opportunities lie in:

Expand rental fleets with energy-efficient LED light towers to meet growing demand.
Leverage IoT technology for real-time monitoring and maintenance of light towers.
Develop strategic partnerships with construction firms for exclusive rental agreements.

By 2035, the market is expected to achieve robust growth, positioning itself as a key player in the rental sector.

Market Segmentation

Light Tower Rental Market Application Outlook

Construction
Mining
Oil and Gas
Events

Light Tower Rental Market Power Source Outlook

Diesel
Electric
Hybrid

Light Tower Rental Market Tower Height Outlook

Under 30 meters
30-50 meters
Over 50 meters

Light Tower Rental Market Rental Period Outlook

Short-term (under 3 months)
Medium-term (3-12 months)
Long-term (over 12 months)

Report Scope

Report Attribute/Metric	Details
Market Size 2022	2.41 (USD Billion)
Market Size 2023	2.57 (USD Billion)
Market Size 2032	4.5 (USD Billion)
Compound Annual Growth Rate (CAGR)	6.44% (2024 - 2032)
Report Coverage	Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Base Year	2023
Market Forecast Period	2024 - 2032
Historical Data	2019 - 2023
Market Forecast Units	USD Billion
Key Companies Profiled	Doosan Industrial Vehicle America Corporative, United Rentals, Atlas Copco Rental, Telstar Genset Rental, Vermeer, Snorkel, Power Equipment Rentals, Aggreko, FieldCore, Caterpillar Rental Services, Nationwide Lift, Sunstate Equipment, Herc Rental Services, Generac Power System, Hertz Equipment Rental
Segments Covered	Power Source, Tower Height, Application, Rental Period, Regional
Key Market Opportunities	Increasing construction activity Growing demand for temporary lighting solutions Rising infrastructure development Expanding oil and gas industry Technological advancements
Key Market Dynamics	Increased infrastructure spending growing adoption in construction mining and events technological advancements demand for energy-efficient solutions and emerging markets expansion
Countries Covered	North America, Europe, APAC, South America, MEA

FAQs

What is the market size of the Light Tower Rental Market?

The Light Tower Rental Market was valued at USD 2.57 billion in 2023 and is expected to grow to USD 4.5 billion by 2032, exhibiting a CAGR of 6.44% during the forecast period.

Which region is expected to hold the largest market share in the Light Tower Rental Market?

North America is expected to account for the largest market share in the Light Tower Rental Market during the forecast period.

What are the key growth drivers of the Light Tower Rental Market?

The increasing demand for temporary lighting solutions in construction, mining, and industrial applications is a key growth driver for the Light Tower Rental Market.

What are the key applications of light towers in the Light Tower Rental Market?

Light towers are widely used in construction sites, mining operations, industrial facilities, and outdoor events to provide temporary lighting solutions.

Who are the key competitors in the Light Tower Rental Market?

Key competitors in the Light Tower Rental Market include United Rentals, Herc Rentals, Ahern Rentals, Sunbelt Rentals, and LESCO Corporation.

What is the expected growth rate of the Light Tower Rental Market?

The Light Tower Rental Market is expected to grow at a CAGR of 6.44% from 2023 to 2032.

What are the key trends shaping the Light Tower Rental Market?

Key trends shaping the Light Tower Rental Market include the increasing adoption of LED lighting technology and the growing demand for hybrid and solar-powered light towers.

What are the challenges faced by the Light Tower Rental Market?

Challenges faced by the Light Tower Rental Market include the high cost of equipment and the lack of skilled operators.

What is the impact of government regulations on the Light Tower Rental Market?

Government regulations related to environmental protection and safety standards can impact the operations of light tower rental companies.

What are the opportunities for growth in the Light Tower Rental Market?

Opportunities for growth in the Light Tower Rental Market include the increasing demand for temporary lighting solutions in emerging economies and the development of innovative lighting technologies.

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