Market revenue in 2022 | USD 244.5 million |
Market revenue in 2030 | USD 342.4 million |
Growth rate | 4.3% (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 |
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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 43.89% in 2022. Horizon Databook has segmented the UAE piling machine market based on impact hammer, vibratory drivers, piling rigs covering the revenue growth of each sub-segment from 2018 to 2030.
The expanding tourism industry and the surging industrial output are expected to contribute to the economic growth of the UAE. This is anticipated to lead to the significant growth of the construction industry in the country owing to a surge in consumer confidence, a spike in housing prices, and an increase in real estate activities.
The construction industry in the UAE is also expected to benefit from the developments in the tourism industry and significant government investments in infrastructure development projects in the country. This is anticipated to fuel the demand for piling machines used in construction activities.
The high per capita income in the UAE is expected to enhance consumer spending, thereby fueling the requirement for a large number of commercial buildings in the country. This, in turn, is anticipated to contribute to a rise in construction activities in the UAE that are expected to fuel the demand for piling machines in the country in the coming years.
Horizon Databook provides a detailed overview of country-level data and insights on the UAE piling machine market , including forecasts for subscribers. This country databook contains high-level insights into UAE piling machine market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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