Brazil Piling Machine Market Size & Outlook, 2022-2030
Brazil piling machine market, 2018-2030 (US$M)
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Brazil piling machine market highlights
- The Brazil piling machine market generated a revenue of USD 150.1 million in 2022 and is expected to reach USD 202.7 million by 2030.
- The Brazil market is expected to grow at a CAGR of 3.8% 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.
Piling machine market data book summary
| Market revenue in 2022 | USD 150.1 million |
| Market revenue in 2030 | USD 202.7 million |
| Growth rate | 3.8% (CAGR from 2022 to 2030) |
| Largest segment | Piling rigs |
| Fastest growing segment | Piling rigs |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 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, Brazil accounted for 3.1% of the global piling machine market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil piling machine market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 202.7 million by 2030.
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Piling Machine Market Scope
Piling Machine Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil 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 42.17% in 2022. Horizon Databook has segmented the Brazil piling machine market based on impact hammer, vibratory drivers, piling rigs covering the revenue growth of each sub-segment from 2018 to 2030.
The growth of construction industry in Brazil has been stagnant in the past few years on account of restricted credit supply, increasing economic recession, and declining demand from residential and nonresidential building segments.
In addition, the corruption scandal by Petrobras had a negative impact on the country's major construction companies due to delays in several projects, which triggered the sales of emergency assets and postponed investments. The Petrobras scandal aided the restructuring of the construction industry by enabling transparency in raw material procurement, contracting, financing, and low entry barriers, which, in turn, increased the number of new market players.
The below table shows the urban development and economic infrastructure investment needs in Brazil in terms of USD billion for the period 2017 to 2022. The increasing investment in urban development and economic infrastructure is likely to propel the demand for piling machines in the coming years. The significant rise in demand for infrastructure development increased the construction projects.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil piling machine market , including forecasts for subscribers. This country databook contains high-level insights into Brazil piling machine market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil piling machine market size, by product, 2018-2030 (US$M)
Brazil Piling Machine Market Outlook Share, 2022 & 2030 (US$M)
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