Growing Demand for Infrastructure Development Driving Growth in the Global Piling Machine Market

Global piling machine market is anticipated to grow at a CAGR of 10.4% during the forecast period (2024-2031). A major factor supporting the market growth is the increasing demand for infrastructure development and construction projects globally. As urbanization continues to rise and populations grow, there is a growing need for new buildings, roads, bridges, and other infrastructure to accommodate these developments. Piling machines are essential equipment for laying deep foundations and stabilizing structures in various soil conditions, making them indispensable in construction projects.

Browse the full report description of “Piling Machine Market Size, Share & Trends Analysis Report by Product (Impact Hammer, Vibratory Drivers, Piling Rigs, and Others), and by Piling Method (Impact Driven, Drilled Percussive, Rotary Bored, Air-lift RCD Rig, Auger Boring, Continuous Flight Auger, and Others), Forecast Period (2024-2031)” at https://www.omrglobal.com/industry-reports/piling-machine-market

In August 2023, according to a report by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau, there was a notable growth in building permits issued for new residential construction. With a 6.9% month-on-month increase compared to the preceding month of July, the surge in demand for residential housing is expected to drive up the need for various piling machines in construction projects.

In November 2021, the Bipartisan Infrastructure Bill, totaling $1.2 trillion, successfully passed through the US Senate. The bill allocates $550.0 billion towards new infrastructure spending, anticipated to significantly bolster construction output in the US over 2022 and 2023. This substantial investment is poised to drive increased infrastructure and construction activities across the nation. 

Market Coverage

• The market number available for – 2023-2031

• Base year- 2023

• Forecast period- 2024-2031

• Segment Covered- 

o By Product

o By Piling Method

• Regions Covered-

o North America

o Europe

o Asia-Pacific

o Rest of the World

• Competitive Landscape- Epiroc Mining India Pvt. Ltd., Liebherr-International Deutschland GmbH, IQIP, International Construction Equipment, and ABI Maschinenfabrik und Vertriebsgesellschaft mbH, among others.

Key questions addressed by the report.

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• Who is the leader in the market?
• How are players addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Piling Machine Market Report Segment

By Product

• Impact Hammer
• Vibratory Drivers
• Piling Rigs
• Others (Hydraulic Press-in Piling Machines, Diesel Hammer Piling Machines, and Hydraulic Vibratory Piling Machines)

By Piling Method

• Impact Driven
• Drilled Percussive
• Rotary Bored
• Air-lift RCD Rig
• Auger Boring
• Continuous Flight Auger
• Others (Hydraulic Push Piles, Sheet Piles, Vibratory Sheet Pile Drivers, Jacked Piles, Helical Piles and Timber Piles)

Global Piling Machine Market Report Segment by Region

North America

• United States

• Canada 

Europe

• UK

• Germany

• Italy

• Spain

• France

• Rest of Europe 

Asia-Pacific

• China

• India

• Japan

• South Korea

• Rest of Asia-Pacific 

Rest of the World

• Latin America 

• Middle East & Africa

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