North America Piling Machine Market Size & Outlook
North America piling machine market, 2018-2030 (US$M)
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North America piling machine market highlights
- The North America piling machine market generated a revenue of USD 961.5 million in 2022.
- The market is expected to grow at a CAGR of 3% 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, Mexico is expected to register the highest CAGR from 2023 to 2030.
North America data book summary
| Market revenue in 2022 | USD 961.5 million |
| Market revenue in 2030 | USD 1,213.8 million |
| Growth rate | 3% (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, North America region accounted for 19.6% 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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North America 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 39.25% in 2022. Horizon Databook has segmented the North America 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. For instance, in April 2022, the Government of Canada allocated USD 4 billion in its Budget 2022 to launch the “Housing Accelerator Fund” for building 100,000 affordable homes over the next five years.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America piling machine market , including forecasts for subscribers. This continent databook contains high-level insights into North America piling machine market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America piling machine market size, by country, 2018-2030 (US$M)
North America Piling Machine Market Outlook Share, 2022 & 2030 (US$M)
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