Middle East & Africa Piling Machine Market Size & Outlook
Middle East & Africa piling machine market, 2018-2030 (US$M)
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MEA piling machine market highlights
- The MEA piling machine market generated a revenue of USD 635.5 million in 2022.
- The market is expected to grow at a CAGR of 4.4% 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, Saudi Arabia is expected to register the highest CAGR from 2023 to 2030.
MEA data book summary
| Market revenue in 2022 | USD 635.5 million |
| Market revenue in 2030 | USD 893.9 million |
| Growth rate | 4.4% (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 |
| 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, MEA region accounted for 13.0% 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.
Key Regions: UAE , U.S. , UK , Brazil , Saudi Arabia
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Piling Machine Market Scope
Piling Machine Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Middle East & Africa 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 43.98% in 2022. Horizon Databook has segmented the Middle East & Africa piling machine market based on impact hammer, vibratory drivers, piling rigs covering the revenue growth of each sub-segment from 2018 to 2030.
According to Flitch Rating and the International Monetary Fund, increased government spending in GCC countries on the development of hospitals, leisure projects, schools, etc. is expected to contribute to the growth of piling machine market in the region.
Surging funding by governments of countries in Africa to support their construction industry and increasing availability of different financing options such as private investment funds, public-private partnerships (PPPs), and domestic capital are expected to lead to a rise in construction activities in these countries.
Surged government investments in construction projects in countries, such as Saudi Arabia, the UAE, and Qatar, to enhance their economic growth is expected to support the construction industry in these countries.
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Target buyers of Middle East & Africa 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 continent-level data and insights on the Middle East & Africa piling machine market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa piling machine market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA piling machine market size, by country, 2018-2030 (US$M)
Middle East & Africa Piling Machine Market Outlook Share, 2022 & 2030 (US$M)
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