A recent report published by Infinium Global Research on the piling machine market provides an in-depth analysis of segments and sub-segments in the global as well as regional piling machine market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional piling machine market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of the global piling machine market. According to the report, the global piling machine market is projected to grow at a CAGR of 4.8% over the forecast period of 2019-2025.
The piling machine market is highly fragmented with the presence of local manufacturers. Piling machine manufacturers are adopting strategic collaborations to expand their market share in the global piling machine market. The leading players in the global piling machine market are investing in research and technological development to promote innovations and product differentiation.
The rising infrastructural development in residential and commercial sectors drives the growth of the piling machine market. The increasing use of the product in residential premises, drilling platforms, manufacturing facilities, commercial structures, mining bases, wind farms, and power transmission plants contribute to the growth of the piling machine market. Availability of solar energy to produce electricity fuels the construction of power stations stimulating the growth of the piling machine market. The growing expansion in transport, social infrastructure, hospitals, water, energy, government accommodations, defense infrastructure, and natural resources propel the growth of the piling machine market. The growing mining industry in countries with abundant mineral availability fuels the growth of the piling machine market. On the flip side, stringent rules by the government against noise regulations hinder the growth of the piling machine market. Moreover, development in technology to manufacture piling machines with low noise and vibration and improved machine efficiency creates new opportunities for the growth of the piling machine market.
Based on geography, the global piling machine market is classified into North America, Asia-Pacific, Europe, and the Rest of the World. Asia-pacific is expected to have a dominant share in the global piling machine market. The rising urbanization in countries like India and China contributes to the growth of the Asia-Pacific piling machine market. Constructive government policies for infrastructural development in the Asia-Pacific region fuel the growth of the piling machine market in Asia-Pacific. North America is anticipated to grow in the global piling machine market with a healthy CAGR over the forecast period. The rising construction industry in the U.S. contributes to the growth of the piling machine market in North America. Europe is showing growth in the global piling machine market.
The report on global piling machine market covers segments such as method, and product. On the basis of method, the sub-markets include impact driven, and drilled percussive. On the basis of product, the sub-markets include impact hammers, vibratory drivers, and rigs.
The report provides profiles of the companies in the market such as BAUER-Pileco Inc., AMS, Inc., BUMA, Piling, Inc., Kencho Kobe Co., Ltd., DELMAG GmbH & Co. KG, Ashok Industries, BSP International Foundations, Soilmec S.p.A., Watson & Hillhouse Ltd., and other companies.
The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of the piling machine market. Moreover, the study highlights current market trends and provides forecast from 2019-2025. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.
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