Market Overview:
The global piling equipment market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for piling rigs, drilling rigs, and pile driving equipment in various applications such as civil engineering, construction, and utilities. In addition, the growing infrastructure development in emerging economies is also propelling the growth of the global piling equipment market. On the basis of type, the global piling equipment market can be segmented into piling rigs, drilling rigs, and pile driving equipment. Piling rigs are further classified into hydraulic driven piles (HDP) and vibratory piles (VP). HDP dominates this segment owing to its advantages such as high production rate and low noise levels. On account of their ability to handle large loads with precision placement capabilities over long distances without damaging underground utilities or other buried infrastructure components; drilling rigs are witnessing a higher adoption rate in recent times across various end-use industries globally.
Product Definition:
The term piling equipment refers to any heavy machinery used in the construction or installation of piles. Piling is a necessary step in many construction projects, as it provides support for structures that would otherwise be unable to stand on their own. There are many different types of piling equipment available, each with its own advantages and disadvantages.
Piling Rigs:
Piling rigs are used to raise and lower heavy loads of materials such as steel, concrete, and earth on construction projects. The global market for the product is expected to witness significant growth over the forecast period owing to its ability to reduce labor costs by replacing skilled labor with automated equipment.
The demand for this equipment has been growing in recent years due to a shift towards automation on account of increased awareness regarding energy conservation.
Drilling Rigs:
Drilling rigs are used in the construction industry for various operations such as exploration, extraction, and transportation of resources. These rigs are also used in oil & gas and mining industries. The global drilling rig market is expected to witness significant growth over the forecast period owing to increasing demand from end-use industries such as oil & gas, construction, and mining.
Application Insights:
The construction application segment accounted for the largest market share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing infrastructure spending in emerging economies across the Asia Pacific region, including China, India and Japan.
Civil engineering includes structures such as bridges, buildings, roads and railways among others. Piling equipment is used for various civil engineering applications such as bridge abutment support & pier foundation drilling among others. Increasing infrastructural development activities coupled with rising population are expected to drive demand over the forecast period thus driving product demand in civil engineering applications globally.
Utilities include energy generation & distribution systems such as power plants along with other utility services such as water supply & sanitation which are provided by governments or private companies on a public-private partnership basis globally thereby augmenting product demand worldwide in utilities sector (excluding North America).
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth of this region can be attributed to increasing infrastructure development in countries such as China and India. In addition, rising demand for residential buildings in these countries is likely to drive the global piling equipment market over the forecast period.
The Middle East & Africa region accounted for a share of more than 7% in 2016 owing to large construction projects, such as FIFA World Cup 2022 and Jeddah Metro, being undertaken across Saudi Arabia and Qatar respectively. Furthermore, rapid urbanization coupled with growing population across this region will boost infrastructure development which will further propel product demand during the forecast period.
Growth Factors:
- Increasing demand for piling equipment from the construction sector as a result of increasing infrastructure development activities across the globe.
- Rising demand for piling equipment from the oil & gas sector due to increasing exploration and production activities in offshore areas.
- Growing demand for piling equipment in developing countries due to rapid urbanization and industrialization processes underway in these regions.
- Increasing use of piling equipment in renewable energy projects, such as wind farms and solar parks, owing to growing investments in these sectors globally.
Scope Of The Report
Report Attributes
Report Details
Report Title
Piling Equipment Market Research Report
By Type
Piling Rigs, Drilling Rigs, Pile Driving Equipment
By Application
Civil Engineering, Construction, Utilities
By Companies
Arcelor Mittal, VÃtkovice Steel, Nippon Steel & Sumitomo Metal Corporation, Skyline Steel, ThyssenKrupp Bautechnik
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Piling Equipment Market Report Segments:
The global Piling Equipment market is segmented on the basis of:
Types
Piling Rigs, Drilling Rigs, Pile Driving Equipment
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Civil Engineering, Construction, Utilities
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Arcelor Mittal
- VÃtkovice Steel
- Nippon Steel & Sumitomo Metal Corporation
- Skyline Steel
- ThyssenKrupp Bautechnik
Highlights of The Piling Equipment Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Piling Rigs
- Drilling Rigs
- Pile Driving Equipment
- By Application:
- Civil Engineering
- Construction
- Utilities
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Piling Equipment Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Piling equipment is a machine that helps to move and stack materials. It can be used in construction, manufacturing, or agriculture.
Some of the key players operating in the piling equipment market are Arcelor Mittal, VƒÂtkovice Steel, Nippon Steel & Sumitomo Metal Corporation, Skyline Steel, ThyssenKrupp Bautechnik.
The piling equipment market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Piling Equipment Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Piling Equipment Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Piling Equipment Market - Supply Chain
4.5. Global Piling Equipment Market Forecast
4.5.1. Piling Equipment Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Piling Equipment Market Size (000 Units) and Y-o-Y Growth
4.5.3. Piling Equipment Market Absolute $ Opportunity
5. Global Piling Equipment Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Piling Equipment Market Size and Volume Forecast by Type
5.3.1. Piling Rigs
5.3.2. Drilling Rigs
5.3.3. Pile Driving Equipment
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Piling Equipment Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Piling Equipment Market Size and Volume Forecast by Application
6.3.1. Civil Engineering
6.3.2. Construction
6.3.3. Utilities
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Piling Equipment Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Piling Equipment Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Piling Equipment Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Piling Equipment Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Piling Equipment Demand Share Forecast, 2019-2026
9. North America Piling Equipment Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Piling Equipment Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Piling Equipment Market Size and Volume Forecast by Application
9.4.1. Civil Engineering
9.4.2. Construction
9.4.3. Utilities
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Piling Equipment Market Size and Volume Forecast by Type
9.7.1. Piling Rigs
9.7.2. Drilling Rigs
9.7.3. Pile Driving Equipment
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Piling Equipment Demand Share Forecast, 2019-2026
10. Latin America Piling Equipment Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Piling Equipment Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Piling Equipment Market Size and Volume Forecast by Application
10.4.1. Civil Engineering
10.4.2. Construction
10.4.3. Utilities
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Piling Equipment Market Size and Volume Forecast by Type
10.7.1. Piling Rigs
10.7.2. Drilling Rigs
10.7.3. Pile Driving Equipment
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Piling Equipment Demand Share Forecast, 2019-2026
11. Europe Piling Equipment Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Piling Equipment Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Piling Equipment Market Size and Volume Forecast by Application
11.4.1. Civil Engineering
11.4.2. Construction
11.4.3. Utilities
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Piling Equipment Market Size and Volume Forecast by Type
11.7.1. Piling Rigs
11.7.2. Drilling Rigs
11.7.3. Pile Driving Equipment
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Piling Equipment Demand Share, 2019-2026
12. Asia Pacific Piling Equipment Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Piling Equipment Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Piling Equipment Market Size and Volume Forecast by Application
12.4.1. Civil Engineering
12.4.2. Construction
12.4.3. Utilities
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Piling Equipment Market Size and Volume Forecast by Type
12.7.1. Piling Rigs
12.7.2. Drilling Rigs
12.7.3. Pile Driving Equipment
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Piling Equipment Demand Share, 2019-2026
13. Middle East & Africa Piling Equipment Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Piling Equipment Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Piling Equipment Market Size and Volume Forecast by Application
13.4.1. Civil Engineering
13.4.2. Construction
13.4.3. Utilities
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Piling Equipment Market Size and Volume Forecast by Type
13.7.1. Piling Rigs
13.7.2. Drilling Rigs
13.7.3. Pile Driving Equipment
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Piling Equipment Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Piling Equipment Market: Market Share Analysis
14.2. Piling Equipment Distributors and Customers
14.3. Piling Equipment Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Arcelor Mittal
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Vítkovice Steel
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Nippon Steel & Sumitomo Metal Corporation
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Skyline Steel
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. ThyssenKrupp Bautechnik
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. COMPANY6
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
