Global Piling Machine Market Size & Outlook, 2022-2030
Global piling machine market, 2018-2030 (US$M)
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Global piling machine market highlights
- The global piling machine market generated a revenue of USD 4,900.1 million in 2022 and is expected to reach USD 6,718.9 million by 2030.
- The market is expected to grow at a CAGR (2023 - 2030) of 4% by 2030.
- In terms of segment, piling rigs accounted for a revenue of USD 2,003.1 million in 2022.
- Piling rigs is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2022.
- Country-wise, Russia is expected to register the highest CAGR from 2023 to 2030.
Global data book summary
| Market revenue in 2022 | USD 4,900.1 million |
| Market revenue in 2030 | USD 6,718.9 million |
| Growth rate | 4% (CAGR from 2022 to 2030) |
| Largest segment | Piling rigs |
| Fastest growing segment | Piling rigs |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Impact hammer, Vibratory drivers, Piling rigs |
Other key industry trends
- In terms of revenue, the North America accounted for 19.6% of the global piling machine market in 2022.
- By country, the China is projected to lead the global market in terms of revenue in 2030.
- By country, Russia is the fastest growing regional market and is projected to reach USD 142.2 million by 2030.
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Piling Machine Market Scope
Piling Machine Market Companies
| Name | Profile | # Employees | HQ | Website |
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Global piling machine market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to piling machine market will help companies and investors design strategic landscapes.
Piling rigs was the largest segment with a revenue share of 40.88% in 2022. Horizon Databook has segmented the Global piling machine market based on impact hammer, vibratory drivers, piling rigs covering the revenue growth of each sub-segment from 2018 to 2030.
North America is the largest and the most influential economy globally. It is witnessing significant growth owing to industrial dynamics and commodity abundance in its countries. The region includes the U.S., Mexico, and Canada, all of which have substantial and complex economic systems. The construction industry in North America is recovering and is expected to witness steady growth over the forecast period.
Moreover, the region is focused on accelerating their economic growth by investing in infrastructure development projects and carrying out residential and commercial construction activities. Therefore, growing investments in public infrastructure and construction projects are anticipated to augment the demand for piling machines in North America from 2023 to 2030.
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Target buyers of Global piling machine market databook
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Our clientele includes a mix of piling machine market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global piling machine market , including forecasts for subscribers. This global databook contains high-level insights into Global piling machine market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global piling machine market size, by regions, 2018-2030 (US$M)
Top 10 countries: Piling machine market size, 2022 (US$M)
Global piling machine market share, by product, 2022 & 2030 (%, US$M)
Piling machine market: Opportunity assessment by country
Global piling machine market, by region, 2022 (US$M)
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