
Pile Boring Machines Market Size - By Product (Rotary Drilling, CFA Drilling, Hydraulic Pile Driving, Micro Piling, Kelly Drilling), By Power Source (Diesel, Electric, Hydraulic), By Application (Construction, Mining, Oil & gas, Marine), Drilling Depth &
Description
Pile Boring Machines Market Size - By Product (Rotary Drilling, CFA Drilling, Hydraulic Pile Driving, Micro Piling, Kelly Drilling), By Power Source (Diesel, Electric, Hydraulic), By Application (Construction, Mining, Oil & gas, Marine), Drilling Depth & Forecast, 2024 - 2032
Pile Boring Machines Market size is projected to expand at over 6% CAGR from 2024 to 2032. The increasing infrastructure development projects worldwide, such as construction of bridges, highways, and buildings are driving the demand for efficient pile boring equipment. Rising technological innovations in pile boring technology like automation, advanced drilling techniques, and improved efficiency are enhancing productivity and reducing construction time and costs.
As per the Associated General Contractors of America, there were over 919,000 construction establishments in the U.S. in the 1st quarter of 2023, creating nearly US$2.1 trillion worth of structures each year. Increasing construction projects is accelerating the demand for pile boring machines. The growing urbanization and population expansion is necessitating infrastructure upgrades. The rise in government initiatives for promoting sustainable infrastructure development and hefty investments in renewable energy projects are also increasing the adoption of pile boring machines for foundation construction in wind farms and solar installations.
The overall market is segregated into product, drilling depth, power source, application, and region.
The micro piling product segment is projected to account for sizeable share of the pile boring machines market by 2032, on account of the increasing demand for foundation solutions in urban construction projects with limited space and access. Micro piling machines offer compact and versatile solutions for installing small-diameter piles in challenging environments. Rapid advancements in micro piling technology, like improved drilling capabilities and higher efficiency will further boost the segment growth.
Pile boring machine industry from the mining application segment is projected to expand at significant rate until 2032, due to the increasing demand for efficient drilling equipment in mining operations. Pile boring machines are utilized for various mining activities, including exploration, extraction, and infrastructure development. Innovations in drilling technology, like improved drilling speed and precision are also contributing to higher productivity and cost-effectiveness in mining operations.
Regionally, the North America pile boring machines market is estimated to expand at notable rate between 2024 and 2032. This can be credited to the increasing infrastructure investments in the region, including the construction of bridges, roads, and commercial buildings. The influx of tight regulations is promoting safe and efficient construction practices. Significant developments in pile boring technologies like automation and GPS integration to enhance productivity and accuracy is further driving progression in the regional landscape.
Table of Contents
260 Pages
- Chapter 1 Methodology & Scope
- 1.1 Market scope & definition
- 1.2 Base estimates & calculations
- 1.3 Forecast calculation
- 1.4 Data sources
- 1.4.1 Primary
- 1.4.2 Secondary
- 1.4.2.1 Paid sources
- 1.4.2.2 Public sources
- Chapter 2 Executive Summary
- 2.1 Industry 360 degree synopsis, 2018 - 2032
- Chapter 3 Industry Insights
- 3.1 Industry ecosystem analysis
- 3.2 Supplier landscape
- 3.2.1 Raw material suppliers
- 3.2.2 Rental providers
- 3.2.3 Component suppliers
- 3.2.4 Manufacturer
- 3.2.5 End user
- 3.3 Profit margin analysis
- 3.4 Technology & innovation landscape
- 3.5 Patent analysis
- 3.6 Key news & initiatives
- 3.7 Regulatory landscape
- 3.8 Impact forces
- 3.8.1 Growth drivers
- 3.8.1.1 Urbanization and population growth fuel infrastructure demand
- 3.8.1.2 Renewable energy projects increase deep foundation needs
- 3.8.1.3 Increasing demand for underground utility installation
- 3.8.1.4 Government investments boost construction activity and demand
- 3.8.2 Industry pitfalls & challenges
- 3.8.2.1 High initial investment costs limit adoption
- 3.8.2.2 Environmental regulations restrict drilling activities
- 3.9 Growth potential analysis
- 3.10 Porter's analysis
- 3.10.1 Supplier power source
- 3.10.2 Buyer power source
- 3.10.3 Threat of new entrants
- 3.10.4 Threat of substitutes
- 3.10.5 Industry rivalry
- 3.11 PESTEL analysis
- Chapter 4 Competitive Landscape, 2023
- 4.1 Introduction
- 4.2 Company market share analysis
- 4.3 Competitive positioning matrix
- 4.4 Strategic outlook matrix
- Chapter 5 Market Estimates & Forecast, By Product 2018 - 2032 ($Bn, Units)
- 5.1 Key trends
- 5.2 Rotary drilling
- 5.3 CFA drilling
- 5.4 Hydraulic pile driving
- 5.5 Micro piling
- 5.6 Kelly drilling
- 5.7 Others
- Chapter 6 Market Estimates & Forecast, By Drilling Depth, 2018 - 2032 ($Bn, Units)
- 6.1 Key trends
- 6.2 Below 10 ft
- 6.3 10 ft to 30 ft
- 6.4 Above 30 ft
- Chapter 7 Market Estimates & Forecast, By Power Source, 2018 - 2032 ($Bn, Units)
- 7.1 Key trends
- 7.2 Diesel
- 7.3 Electric
- 7.4 Hydraulic
- 7.5 Others
- Chapter 8 Market Estimates & Forecast, By Application, 2018 - 2032 ($Bn, Units)
- 8.1 Key trends
- 8.2 Construction
- 8.3 Mining
- 8.4 Oil & gas
- 8.5 Marine
- 8.6 Others
- Chapter 9 Market Estimates & Forecast, By Region, 2018 - 2032 ($Bn, Units)
- 9.1 Key trends
- 9.2 North America
- 9.2.1 U.S.
- 9.2.2 Canada
- 9.3 Europe
- 9.3.1 UK
- 9.3.2 Germany
- 9.3.3 France
- 9.3.4 Italy
- 9.3.5 Russia
- 9.3.6 Spain
- 9.3.7 Rest of Europe
- 9.4 Asia Pacific
- 9.4.1 China
- 9.4.2 Japan
- 9.4.3 India
- 9.4.4 South Korea
- 9.4.5 Australia
- 9.4.6 Southeast Asia
- 9.4.7 Rest of Asia Pacific
- 9.5 Latin America
- 9.5.1 Brazil
- 9.5.2 Mexico
- 9.5.3 Argentina
- 9.5.4 Rest of Latin America
- 9.6 MEA
- 9.6.1 UAE
- 9.6.2 South Africa
- 9.6.3 Saudi Arabia
- 9.6.4 Rest of MEA
- Chapter 10 Company Profiles
- 10.1 ABI Equipment Limited
- 10.2 Bauer Maschinen GmbH
- 10.3 Bay Shore Systems, Inc.
- 10.4 Casagrande Group
- 10.5 Caterpillar Inc.
- 10.6 CZM Foundation Equipment
- 10.7 IMT Srl
- 10.8 Junttan Oy
- 10.9 Komatsu Ltd.
- 10.10 Liebherr-International AG
- 10.11 Llamada Piling Equipment
- 10.12 MAIT S.p.A.
- 10.13 Sandvik AB
- 10.14 SANY Group Co., Ltd.
- 10.15 Soilmec S.p.A.
- 10.16 Tesmec S.p.A.
- 10.17 Thyssenkrupp Infrastructure GmbH
- 10.18 Trevi Group
- 10.19 Vermeer Manufacturing Company
- 10.20 Woltman Piling & Drilling Equipment B.V.
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.