Russia Piling Machine Market Size & Outlook, 2022-2030
Russia piling machine market, 2018-2030 (US$M)
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Russia piling machine market highlights
- The Russia piling machine market generated a revenue of USD 121.1 million in 2022 and is expected to reach USD 142.2 million by 2030.
- The Russia market is expected to grow at a CAGR of 2% 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 121.1 million |
| Market revenue in 2030 | USD 142.2 million |
| Growth rate | 2% (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, Russia accounted for 2.5% 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 Europe, Germany piling machine market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 371.1 million by 2030.
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Piling Machine Market Scope
Piling Machine Market Companies
| Name | Profile | # Employees | HQ | Website |
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Russia 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 39.55% in 2022. Horizon Databook has segmented the Russia piling machine market based on impact hammer, vibratory drivers, piling rigs covering the revenue growth of each sub-segment from 2018 to 2030.
Russia witnessed a significant increase in infrastructure development projects in 2017 owing to the Formula 1 race and FIFA Football World Cup hosted in the country in 2018. This particular infrastructure development embarked a remarkable growth in the Russia’s construction industry.
Improved transportation infrastructure in the country is further expected to fuel residential and commercial construction activities, thereby driving the demand for piling machines in Russia over the forecast period.
Moreover, Moscow is one of the most active regions in terms of the development of commercial buildings in the country, followed by Krasnodar, Saint Petersburg, and the Republic of Bashkortostan.
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Horizon Databook provides a detailed overview of country-level data and insights on the Russia piling machine market , including forecasts for subscribers. This country databook contains high-level insights into Russia piling machine market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Russia piling machine market size, by product, 2018-2030 (US$M)
Russia Piling Machine Market Outlook Share, 2022 & 2030 (US$M)
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