U.S. Piling Machine Market Size & Outlook, 2022-2030
U.S. piling machine market, 2018-2030 (US$M)
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U.S. piling machine market highlights
- The U.S. piling machine market generated a revenue of USD 801.2 million in 2022 and is expected to reach USD 1,002.7 million by 2030.
- The U.S. market is expected to grow at a CAGR of 2.8% 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 801.2 million |
| Market revenue in 2030 | USD 1,002.7 million |
| Growth rate | 2.8% (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, U.S. accounted for 16.4% 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 North America, U.S. piling machine market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 89.4 million by 2030.
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Piling Machine Market Scope
Piling Machine Market Companies
| Name | Profile | # Employees | HQ | Website |
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U.S. 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 39.23% in 2022. Horizon Databook has segmented the U.S. 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 the International Monetary Fund (IMF), the U.S. economy represents around 20% of the total global output. The U.S. economy features a technologically advanced and highly developed service sector, which accounts for approximately 80% of its output.
The residential construction sector in the U.S. witnessed a boom in the last few years with single-family dwellings being the key growth contributor. Non-residential construction also witnessed growth over the past few years and this trend is expected to continue over the forecast period.
Office construction activities are expected to be driven by improved employment conditions in the country. An increase in the number of corporate relocations and rising demand for mission-critical facilities are expected to propel office construction activities over the forecast period.
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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 U.S. piling machine market , including forecasts for subscribers. This country databook contains high-level insights into U.S. piling machine market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. piling machine market size, by product, 2018-2030 (US$M)
U.S. Piling Machine Market Outlook Share, 2022 & 2030 (US$M)
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