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 |
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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.
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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