The global Hydraulic Hammer Piling Machine market size is expected to reach USD 6.99 Billion in 2030 and register a revenue CAGR of 3.5% over the forecast period, according to latest report by Reports and Data. Rising demand for Hydraulic Hammer Piling Machines for usage in construction industry and increasing government initiatives for infrastructure development in developed and developing countries are expected to drive market revenue growth during the forecast period. Increasing adoption of Hydraulic Hammer Piling Machines for extensive application across various industries is expected to boost growth of Hydraulic Hammer Piling Machine market in near future. Hydraulic Hammer Piling Machines are frequently employed in construction of long-structured structures in the U.S., India, China, the UAE, and Australia, which is expected to boost demand for Hydraulic Hammer Piling Machines throughout the forecast period. Noise constraints on construction operations in urban areas are expected to drive demand for Hydraulic Hammer Piling Machines with lesser noise and vibration levels. With introduction of government tax breaks and specific renewable energy goals set by the U.S. Government, demand for wind farms is increasing, which will lead to increased demand for Hydraulic Hammer Piling Machines to install wind turbines.
However, high prices and low replacement rates are some factors that could hamper the revenue growth of market during the forecast period. Hydraulic Hammer Piling Machinery is generally costly, which leads to several contractors preferring used machinery or rentals instead of buying new ones due. Further, Hydraulic Hammer Piling Machines have a long shelf life and are highly durable for repeated use. Therefore, manufacturers with technologically advanced and modern equipment could hamper the market revenue during forecast period.
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Growing popularity of building information modelling, increasing use of advanced building materials, and development of construction robotics are key trends disrupting the construction and manufacturing industry and are expected to contribute to revenue growth of the Hydraulic Hammer Piling Machine market over the forecast period. Increasing demand for sustainable and energy-efficient buildings has led to development of intelligent building solutions that provide optimum environment to residents by improving ventilation, reducing energy consumption, and improving overall efficiency of the buildings. Rapid urbanization across the globe has led to development of robust and advanced commercial buildings and with increasing construction activities globally, demand for raw materials and innovations in substantially increasing. Rapid rise in smart, connected cities and growing trend of green construction are some other factors expected to drive market revenue growth going ahead.
- Liebherr-International Deutschland GmbH
- Junttan Oy
- The Casagrande Group
- Soilmec S.P.A
- Sinomach (China National Machinery Industry Corporation
- Atlas Copco AB
- BSP International Foundations Ltd
- Delmag GmbH & Co.KG
- Bauer AG
- SANY Group.
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Some Key Highlights from the Report
- Piling rigs segment is expected to account for larger market share revenue over the forecast period. Increasing use of piling rigs for installation of foundation reinforcements and diaphragm walls is projected to drive revenue growth of segment. Piling rigs are effective machines for various applications. Piling rigs are compatible with vibratory hammers, impact hammers, and screw drills, which is increasing its demand.
- Impact driven segment is expected to account for largest revenue share in global Hydraulic Hammer Piling Machine market between 2022 and 2030. Impact driving uses dual walled drill tubes to clear debris using air pressure for improved penetration and piling. This method is used to drill into hard grounds and final leveling of panels. Impact driving is best suited for deep penetration into difficult grounds with the right choice of hammer, boosting revenue growth of segment.
- Asia Pacific Hydraulic Hammer Piling Machine market is expected to account for largest revenue share in global market over the forecast period due to rising demand for residential and commercial establishments in countries in the region.
- In November 2021, The Casagrande Group launched B400 XP-2, a multifunction rig designed to drill in bored piles to a maximum depth of 4500mm for the construction of Egypt’s first monorail
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For the purpose of this report, Reports and Data has segmented the global Hydraulic Hammer Piling Machine market based on product, method, application, and region:
Product Outlook (Revenue, USD Billion; 2019-2030)
- Impact Hammers
- Vibratory Drivers
- Piling Rigs
- Hydraulic Press
Method Outlook (Revenue, USD Billion; 2019-2030)
- Impact Driven
- Auger Boring
- Rotary Bored
- Continuous Flight Auger
- Drilled Percussive
- Air-lift RCD
Application Outlook (Revenue, USD Billion; 2019-2030)
- Civil Engineering
- Industrial Construction
- Oil and Gas
Regional Outlook (Revenue, USD Billion; 2019-2030)
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
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