Piling Machine Market - Global Industry Analysis

Piling Machine Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020-2026

Category: Heavy Industry Report Format : PDF Report Code: ZMR-6683 Status : Upcoming

Description

Global Piling Machine Market: Overview

Building foundations require the installation of piles or poles in the ground, and piling machines are used to place the piles in place. Pinning machines construct piles that provide foundations for various structures, including bridges, skyscrapers, buildings, etc. Sand, mud, sandstone, and silty soils are typically drilled with this method. Construction companies use these machines in residential, commercial, and industrial buildings. Generally, it is utilized for building heaps, stomach dividers, and fortifying establishments. The position and arrangement of the machine are also extremely critical because a strong breeze will either damage or remove it from its unique position.

Report Scope:

Report Attribute Details
Base Year 2020
Historic Years 2016 - 2020
Forecast Years 2021 - 2028
Segments Covered By Product Type, By Application, and By End Use
Forecast Units Value (USD Billion), and Volume (Units)
Quantitative Units Revenue in USD million/billion and CAGR from 2021 to 2028
Regions Covered North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World
Countries Covered U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others
Number of Companies Covered 10 companies with scope for including additional 15 companies upon request
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.
Customization Scope Avail customized purchase options to meet your exact research needs.

Global Piling Machine Market: Growth Factors

The global piling machine market is growing at a lucrative rate owing to rising investments for infrastructure development among developed countries and increasing use in solar power & power transmission plants. Other factors that are fueling the growth of the global market include the growing need for foundation machinery for construction purposes, surging demand for piling machines for railway infrastructure, and the growing use in the oil & gas industry. Additionally, rising government funding and rigorous regulations concerning noise limits and vibration in offshore sites and residential areas are fueling the market growth. Also, for improved electricity generation, government of emerging as well as developed economies are promoting the setting up of offshore wind turbines which in turn is propelling the use of such machines for underwater piling operations. Further, in terms of electronics and advanced hydraulics, there is advancement in the technology of piling machines which in turn provides an adequate degree of control during working along with accurate and effective piling work is expected to boost demand for the global piling machines market. In addition, the development of the mining sector in several countries due to abundant reserves of minerals propels the piling machines market growth. However, high capital investment is required for piling machines, most small and medium scale construction contractors prefer renting piling machinery over acquiring new piling machines which in turn hampers the market growth. On the other hand, rising infrastructure development activities in emerging countries along with increasing modernization and technological advancements in machinery are projected to offer lucrative opportunities for the global piling machine market over the forecast period.

The COVID-19 pandemic has severely impacted numerous businesses across the globe. To control the outbreak of coronavirus, several rules and regulations have been imposed on the population among various countries. The sudden shutdown of construction activities, infrastructure development, and restrictions on transportation of non-essential items negatively impacted the industrial sectors. The industries such as construction, power transmission, and oil & gas are experiencing a major decline in production activities which in turn reduced the demand for piling machines from these industries. The demand of piling machine directly depends on the end user industries. However, restarting or resuming of the construction and infrastructure development activities is expected to regain the demand for piling machines till the last quarter of 2021.

Global Piling Machine Market: Segmentation

The global piling machine market is divided based on product, pilling method, and region. Based on product, the global piling machine market is split into piling rigs, and impact hammers. The pilling method segment is bifurcated into impact-driven and continuous flight auger.

Global Piling Machine Market: Regional Analysis

Geographically, Asia Pacific region is anticipated to hold the largest share in the global piling machine market during the forecast period. The growing population and increasing commercial construction of industrial facilities are boosting the growth of the market in this region. Rise in government initiatives for the development of smart cities are predicted to drive the growth of the piling machine market in the Asia Pacific region. On the other hand, the North America region is expected to grow at a significant rate and is expected to offer ample opportunities for market growth. Some of the factors that are enhancing the growth of the market in this region include heavy investments in civil engineering structures and a drastic rise in the rate of immigration.

Global Piling Machine Market: Competitive Players

The global piling machine market is highly competitive owing to the presence of numerous leading manufacturers in the global market. Bosch Rexroth AG, Cummins Inc., Casagrande S.p.a, Caterpillar, Watson Inc., BAUER Group, BSP International Foundations Ltd., TONTI TRADING S.R.L., Junttan Oy, and Beijing SINOVO International are some of the dominant players that are functioning in the global piling machine market. The leading players operating in the market are focusing on a strategic partnership to ensure the constant supply of components at cost-effective prices. Further, some of the leading players are expected to expand their manufacturing units in the rising economies to gain major market share in untapped regions and decrease their expense of manufacturing. However, expansion in emerging countries offers new growth opportunities to the market players.

Global Piling Machine Market: Regional Segment Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

What Reports Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

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FrequentlyAsked Questions

The global piling machine market is growing at a lucrative rate owing to rising investments for infrastructure development among developed countries and increasing use in solar power and power transmission plants. Furthermore, rising infrastructure development activities in emerging countries along with increasing modernization and technological advancements in machinery are projected to offer lucrative opportunities for the piling machine market over the forecast period.

Bosch Rexroth AG, Cummins Inc., Casagrande S.p.a, Caterpillar, Watson Inc., BAUER Group, BSP International Foundations Ltd., TONTI TRADING S.R.L., Junttan Oy, and Beijing SINOVO International are some of the dominant players that are functioning in the global piling machine market.

Geographically, the Asia Pacific region is anticipated to hold the largest share in the global piling machine market during the forecast period. The growing population and increasing commercial construction of industrial facilities are boosting the growth of the market in this region.

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