Qatar Piling Machine Market Size & Outlook, 2022-2030
Qatar piling machine market, 2018-2030 (US$M)
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Qatar piling machine market highlights
- The Qatar piling machine market generated a revenue of USD 20.3 million in 2022 and is expected to reach USD 27.0 million by 2030.
- The Qatar market is expected to grow at a CAGR of 3.6% 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 20.3 million |
| Market revenue in 2030 | USD 27.0 million |
| Growth rate | 3.6% (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, Qatar accounted for 0.4% 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 Middle East & Africa, UAE piling machine market is projected to lead the regional market in terms of revenue in 2030.
- Saudi Arabia is the fastest growing regional market in Middle East & Africa and is projected to reach USD 306.5 million by 2030.
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Piling Machine Market Scope
Piling Machine Market Companies
| Name | Profile | # Employees | HQ | Website |
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Qatar 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 44.33% in 2022. Horizon Databook has segmented the Qatar piling machine market based on impact hammer, vibratory drivers, piling rigs covering the revenue growth of each sub-segment from 2018 to 2030.
The FIFA World Cup 2022 and the Qatar National Vision 2030 are the major factors that have positively impacted the growth of the construction industry in Qatar. Moreover, the implementation of the National Development Strategy, 2017–2022 in the country, along with ongoing major projects for the development of infrastructures related to the hospitality, tourism, and transportation industries, is projected to surge construction activities in Qatar.
This, in turn, is anticipated to fuel the demand for piling machines in the country over the forecast period. The involvement of foreign firms in the construction of residential and non-residential buildings and infrastructures in Qatar is expected to drive the growth of the construction industry in the country.
Moreover, for the preparation for FIFA 2022, numerous retail offices, new sports stadiums, etc. were developed, thereby leading to a rise in construction activities in Qatar. This, in turn, contributed to the demand for piling machines in the country.
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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 country-level data and insights on the Qatar piling machine market , including forecasts for subscribers. This country databook contains high-level insights into Qatar piling machine market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Qatar piling machine market size, by product, 2018-2030 (US$M)
Qatar Piling Machine Market Outlook Share, 2022 & 2030 (US$M)
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