Doosan Bobcat to Continue Dominating India Diesel Based Lighting Towers Market through 2023
Growing
investment in construction projects, recovery in coal & metal mining sector
and rising number of events being held in the country to fuel demand for diesel based lighting
towers in India through 2023
According to recently
published TechSci Research report “India Diesel Based Lighting Towers Market, By Type, By End User, Competition Forecast
& Opportunities, 2013 - 2023’’, India diesel based lighting towers market
is projected to cross $ 32 million by 2023 on account of rise
in demand for diesel based lighting towers from the growing construction and
mining industry in the country. Moreover, recovery in coal & metal
mining sector in India coupled with rising number of events being held across
the country are further augmenting demand for diesel based lighting towers. Doosan Bobcat India Private Limited grabbed
the largest share in the country’s diesel based lighting towers market in 2017,
followed by Aska Equipments Limited, Sigma Search Lights Limited, Atlas
Copco (India) Limited, etc. Doosan
Bobcat India is expected to maintain its market dominance during
forecast period as well.
Browse 58 market data Figures and Tables spread
through 106 Pages and an in-depth TOC on "India Diesel Based Lighting Towers
Market"
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Among types, India diesel based lighting towers market is led by 1500 RPM segment as these
types of diesel based
lighting towers have better operational life as compared to 3000 RPM on account
of less stress on the engine and lower noise emission. In
2017, construction sector accounted for the largest application share in India diesel based lighting towers market and the
sector is likely to continue dominating throughout forecast period as well on the
back of growing construction activities in the country. A large demand for diesel
based lighting towers emanates from northern India due to presence of states
like Uttar Pradesh, Delhi, Haryana, Rajasthan, etc., where construction and
mining activities are going on at a swift pace.
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“Growing demand for fuel efficient
diesel based lighting towers and technological advancements in the development
of hybrid lighting towers is expected to
positively influence India diesel based lighting market during forecast period. Moreover, India diesel based
lighting towers rental market is likely to witness moderate growth due to
rising demand from construction sector, which includes roads, infrastructure,
etc., thereby further fuelling demand for lighting towers across the country
through 2023.” said Mr. Karan Chechi, Research Director with TechSci
Research, a research based global management consulting firm.
“India Diesel Based Lighting Towers
Market, By Type, By End User, Competition Forecast & Opportunities, 2013 -
2023” has evaluated the
future growth potential of India diesel based lighting towers market and
provides statistics and information on market size, structure and future market
growth. The report intends to provide cutting-edge market intelligence and help
decision makers take sound investment decision. Besides, the report also
identifies and analyzes the emerging trends along with essential drivers,
challenges and opportunities in India
diesel based lighting towers market.
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