Selbyville, Delaware, Market Study Report LLC: The Report 2020-2027 Global Piling Machine Market Report explores the essential factors of the Piling Machine market considering such as industry situations, market demands, market players adopted business strategies and their growth scenario. The Global Piling Machine market has been separated by this report based on the key players profiles, Type, Application and Regions.

Global Piling Machine Market to reach USD 6.4 billion by 2027. Global Piling Machine Market is valued approximately USD 4.9 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 3.4% over the forecast period 2020-2027.

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A piling machine is a machinery equipment used for placing poles or piles in the ground for supporting architectural structures. It consists of various lengths piles that can be extended through swelling soils or soft compressible into suitable bearing material. This machine is used for the construction of water tanks, bridges, buildings and many more. The growing construction across the world as well as introduction of new technologies such as geothermal application drilling, micro piling and others are the few factors responsible for growth of the market over the forecast period.

According to the Federal Reserve Economic Data, the rate of homeownership in the United States is rapidly growing. In Q2 2020, the homeownership rate was valued at around 67.9%, representing an increase from 64.1% for the same period of Q2 2019. Likewise, as per Statista, in 2018, the total number of housing units in the United States was about 138.45 million, an increase of 1.05% from 2016 (135.58 housing units). This figure is likely to grow to almost 139.64 housing units in 2019 across the United States. Also, in July 2016, India introduced projects, for the development of 24 smart cities, 23 industrial hubs, two ports, and a 1,500 Km, six-lane express highway, which are still under implementation.

Thus, these initiatives of governments will boost the construction projects which result in augmenting the market growth. However, the environmental impact of piling and the high cost of piling machines is the major factor restraining the growth of global Piling Machine market during the forecast period.

Major market player included in this report are:

  • Casagrande S.p.a
  • Watson Inc.
  • BSP International Foundations
  • Bauer Group
  • TONTI TRADING S.R.L.
  • Sinomach
  • Delmag
  • Tescar
  • Atlas Copco

The regional analysis of global Piling Machine market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia Pacific is the leading/significant region across the world in terms of market share owing to the expansion of residential, commercial, and industrial sectors on account of sustainable economic growth, leading to increased construction activities. Whereas, North America is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.

The detailed segments and sub-segment of the market are explained below:

By Product:

Impact hammer

Vibratory drivers

Piling rigs

Others

By Piling Method:

Impact Driven

Drilled percussive

Rotary bored

Air-lift RCD

Auger boring

Continuous flight auger

Others

Regions:

  • North America
  • U.S.
  • Canada
  • Europe
  • UK
  • Germany
  • Asia Pacific
  • China
  • India
  • Japan
  • Latin America
  • Brazil
  • Mexico
  • Rest of the World

For More Details on Piling Machine Market Report at: https://www.marketstudyreport.com/reports/global-piling-machine-market-size-research?utm_source=Marketwatch.com&utm_medium=SP

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