Sat, 19 Jun 2021

The new report by EMR titled, 'Global Piling Machine Market Report and Forecast 2021-2026', gives an in-depth analysis of the global piling machine market, assessing the market based on its segments like products, methods, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter's Five Forces models.

Note 1: For a snapshot of the primary and secondary data of the market (2015-2025), along with business strategies and detailed market segmentation, please click on request sample report. The sample report shall be delivered to you within 24 hours.

Request a free sample copy in PDF or view report summary: https://www.expertmarketresearch.com/reports/piling-machine-market/requestsample

The key highlights of the report include:

Market Overview (2016-2026)

  • Historical Market Size (2020): USD 4.7 Billion
  • Forecast CAGR (2021-2026): 8%
  • Forecast Market Size (2026): USD 5.8 Billion

Piling machines are used to form a structured base beneath any building and are an important part of the construction process. They are heavily used to construct buildings in countries, such as the United States, China, the United Arab Emirates, India, and Australia, among others, which is likely to propel the demand for the same in the forecast period of 2021-2026. Further, stringent noise emission regulations in Europe and North America have also increased the demand for piling machines with lower vibration and noise levels. Additionally, the United States is witnessing a growing demand for wind farms due to government tax incentives and individual renewable energy goals set by most U.S. states, leading to a greater demand for piling machines to install wind turbines. Thus, the extensive applications of piling machines across end use industries is expected to continue to push the market in the forecast period.

Industry Definition and Major Segments

The high-rise buildings, overpasses, and other architectural marvels, need a sturdy base to be constructed. It provides the requisite support for any structure. Piling is a method of burying large quantities of wood, steel, or concrete in the earth, and this is done with the help of an equipment called a piling machine.

Read Full Report Online: https://www.expertmarketresearch.com/reports/piling-machine-market

Based on product, the market can be divided into:

  • Impact Hammer
  • Vibratory Drivers
  • Piling Rigs
  • Others

By method, the market is segmented into:

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

The EMR report also covers the regional markets like:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Market Trends

Infrastructural development within the private sector has led to an enhanced demand for piling machines. Mining activities have also seen a surge due to the increased metal and resource use and heavy industrialisation across developing countries such as China and India, along with the Middle Eastern countries. Mining ores like gold, silver, iron, among others, are used in the production of jewellery, electronics, and steel, while minerals like crushed stone, sand, and gravel are extensively used in the construction of roads and buildings. The growing demand from the end use sectors of these extracted ores and minerals is expected to drive and further boost the demand for piling machines. In addition, the growth of the mining sector in countries like Peru and Chile, which possess inexhaustible supplies of minerals such as gold and copper, is expected to further propel the growth of the piling machine market.

Key Market Players

The major players in the market are Casagrande Group, Soilmec S.p.A., Liebherr-International Deutschland GmbH, and Junttan Oy, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

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Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.

About Us:

Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.

At Expert Market Research, we tailor our approach according to our clients' needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.

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Informes de Expertos (https://informesdeexpertos.com), the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.

Determined to bring client satisfaction, we make sure that our tailored approach meets the client's unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.

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We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

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