Global Piling Machine Market Growth, Trends and Forecasts
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The report titled “Global Piling Machine Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast” available on Decisiondatabases.com anticipates that the market to touch USD 7 BN by 2026 with a CAGR of 5% from 2020-2026. The report provides an evaluation on the growth trends of the market through historical studies and the projections are based on a comprehensive research for the forecasted period.
A pile machine is a device used to drive piles into any surface to provide foundation for buildings or other such structures. The factors driving the growth of the global piling machine market are the stringent regulations against emissions and vibrations, improvement in the construction industry and growing installations of wind farms. The restraints faced by this market are the high price of the piling machines and its impact on the environment.
The report segments the market on the basis of products into impact hammer, vibratory drivers and piling rigs out of which piling rigs have been identified as the leading segment as it can perform various functions which include auger and screw boring along with drilling, and grouting. Its flexibility to attach vibratory hammers, screw drills, and impact hammers is also expected to be a reason for its high market share. By method, the global piling machine market is segmented into impact driven methods, drilled percussive methods, rotary bored piling methods, air-lift RCD methods, Auger boring methods and CFA methods.
By geography, North America, Europe, Asia Pacific, Latin America, Middle East and Africa are the regions over which the piling machine market exists globally. Asia Pacific has been observed to have emerged as the leading segment majorly due to high paced urbanization in its emerging countries which include China and India. The government support for the development of infrastructure in China and India are also adding to the high demand in the next six years.
The key players of the global piling machine market profiled in the report are Atlas Copco, Bauer AG, BAUER-Pileco, Beretta Alfredo SRL, Bermingham Foundation Solutions, BPH Equipment Ltd., Casagrande Group, Davey Kent Inc., Dawson Construction Plant Ltd., Delmag GmbH & Co. KG, Geoprobe Systems, Guangdong Liyuan Hydraulic Technology, MKT Manufacturing Inc., Nordmeyer SMAG Drilling Technologies GmbH, Piling Inc., RTG Rammtechnik GmbH, Sinomach, Soilmec S.p.A, Spadina Piling Equipment, Tescar, Vulcan Foundation Equipment and Watson Inc. The report also gives an in-depth view with information in tems of H.Q., future capacities, key mergers and acquisitions, financial overview, partnerships, collaborations, new product launches and developments.
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