Asia Pacific Piling Machine Market Size & Outlook
Asia Pacific piling machine market, 2018-2030 (US$M)
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Asia Pacific piling machine market highlights
- The Asia Pacific piling machine market generated a revenue of USD 2,042.5 million in 2022.
- The market is expected to grow at a CAGR of 4.8% from 2023 to 2030.
- In terms of segment, piling rigs was the largest revenue generating product in 2022.
- Piling rigs is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, China is expected to register the highest CAGR from 2023 to 2030.
Asia Pacific data book summary
| Market revenue in 2022 | USD 2,042.5 million |
| Market revenue in 2030 | USD 2,977.3 million |
| Growth rate | 4.8% (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 |
| Key market players worldwide | Epiroc AB DR, Sany Heavy Equipment International Holdings Co Ltd, Liebherr Group, BAUER Group, XCMG Group, Casagrande, Watson Drill Rigs, International Construction Supplies, ABI Gruppe, Fundex Equipment, Dieseko Group B.V., IQIP, Junttan, Trevi Finanziaria Industriale |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 41.7% of the global piling machine market in 2022.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 2,977.3 million by 2030.
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Piling Machine Market Scope
Piling Machine Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific 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 41.14% in 2022. Horizon Databook has segmented the Asia Pacific piling machine market based on impact hammer, vibratory drivers, piling rigs covering the revenue growth of each sub-segment from 2018 to 2030.
Asia Pacific is characterized by developing countries such as China, India, Thailand, and Indonesia, and developed countries such as Japan and Australia. Rapid urbanization coupled with the growing population in several countries, including China and India, is expected to boost industrial growth.
The economies in the region are anticipated to flourish over the forecast period on account of the massive investments by governments for the development of public infrastructure and the expansion of the residential construction industry, which is expected to benefit the piling machine market in Asia Pacific.
The expansion of commercial, residential, and industrial operations as a result of Asia Pacific's sustainable economic growth is predicted to promote construction activity, thus propelling market growth over the forecast period.
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Target buyers of Asia Pacific 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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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific piling machine market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific piling machine market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific piling machine market size, by country, 2018-2030 (US$M)
Asia Pacific Piling Machine Market Outlook Share, 2022 & 2030 (US$M)
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