Global Piling Machine Market 2020 (Includes Business Impact of COVID-19)

                                          
“Global Piling Machine Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2028” is a recent report generated by Trusted Business Insights. The global piling machine market report has been segmented on the basis of product, piling method, and region.

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Global Piling Machine Market: Introduction 

Piling machine is a device used for placing piles or poles in the ground for supporting architectural structures. Piling machines are used to drill in silty clay, sandy soil, etc.  These type of machines are used for the construction of water tanks, bridges, buildings, and foundation projects such as foundation reinforcement, diaphragm walls, and others.

Global Piling Machine Market: Dynamics 

Growing infrastructure development across commercial and residential sectors in countries such as China, India, US, Canada, France, Germany, UK, Indonesia, Brazil, etc. is estimated to drive the growth of the piling machine market. Increasing mining activities in the Asia Pacific and Middle East region coupled with rapid industrialization is projected to drive the growth of the target market over the next few years.

However, high initial investment coupled with requirement of skilled operators for these machines are some factors anticipated hinder the growth of the piling machine market.

Global Piling Machine Market: Segment Analysis

Among the product segments, the impact hammers segment is projected to grow at a significant rate in the global market. These hammers are easy to operate and are of low cost as compared to other piling machines, which is expected to drive the growth of the segment.  These type of hammers uses hammers that can be lifted manually or automatically by compressed air, hydraulic system, diesel engine, and steam generation. Growing adoption of vibratory drivers owing to their high speed is estimated to support the growth of the segment in the next few years.

Among the piling method segments, the impact driven segment is projected to register moderate growth rate in the piling machine market. Growing construction of tall buildings is projected to drive the growth of the segment. This type of piling is done using hydraulic system, compressors, and impact hammer piling machines.

Global Piling Machine Market: Regional Analysis

Asia Pacific market is estimated to contribute significant share in the piling machine market in the next 10 years. Increasing number of construction activities in the countries in this region is expected to boost the construction industry, which in turn drive the growth of the piling machine market in the Asia Pacific. Growing number of mining activities in countries such as India and China is projected to augment the growth of the target market. Moreover, favorable government policies for the construction of residential and commercial buildings is projected to create opportunities for the manufacturers in the region, which in turn support the growth of the piling machine market.

Asia Pacific is estimated to be the major market for piling machine followed by North America market. The piling machine market in North America is projected to grow moderately in the next few years. The growth of the target market is attributed to the expansion of mining industry in the region. Growing construction industry in the region is estimated to drive the growth of North America piling machine market. The Middle East & Africa market is projected to grow at a steady rate during the forecast period. Growing penetration of solar energy in the countries in this region is estimated to support the growth of the Middle East & Africa piling machine market.

Global Piling Machine Market Segmentation:

Segmentation by Product:

Impact Hammer
Vibratory Drivers
Piling Rigs
Others

Segmentation by Piling Method:

Impact Driven
Drilled Percussive
Rotary Boring
Air-lift RCD
Auger Boring
Continuous Flight Auger
Others