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Pipe Jacking Machines Market Share: Global Industry Trends, Growth, Size, Segmentation, Future Demands, Latest Innovation, Forecast to 2027 - XCMG, Wienerberger, Herrenknecht AG, XGMA

11-25-2021 05:47 AM CET | Industry, Real Estate & Construction

Press release from: Market Insights Reports

The Pipe Jacking Machines Market report is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data that enhances the understanding, scope, and application of this report.

The Global Pipe Jacking Machines Market Size is Projected to Reach at a CAGR of 11% during 2021-2027.

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Market Overview:

Over the past half-decade, government spending proportionally rose on potable water supply projects. Billions of dollars are being spent by developing countries to build the new pipelines while developed countries are replacing their existing old pipeline. Placement of pipelines needs a jacking tool that properly install pipelines with minimal errors.  The rising standard of living and per capita income of people has strengthened the demand for home remodelling related activities in recent years, this has strengthened the utilization of pipe jacking machines. The pipe jacking machine is intended to create a little overbreak to the outer breadth of the pipeline. By infusing a grease, for instance, bentonite, into this annulus the pipeline can, in theory, be jacked unreservedly through a liquid medium. By and by, be that as it may, liquid leak disasters may happen into the encompassing ground, these disasters can be controlled with a decrease in jacking forces coupled with longer jacking lengths of jacking machines.

Top Leading Companies:

XCMG, Wienerberger, Herrenknecht AG, XGMA, RASA Industries,LTD, Anhui Tangxing Machinery Equipment, Akkerman, Realtop Heavy Industry, SFEC, MTS Perforator, CRCHI

Recent Development:

XCMG successfully signed equity transfer agreements totalling 5.4 billion yuan (US$ 791 million) to three state-owned holding enterprises – Jiangsu Guoxin Investment Group Limited, CCB Financial Asset Investment Co., Ltd. and BoCom Financial Assets Investment Co., Ltd., and a total of 15.656-billion-yuan (US$ 2.29 billion) capital increase agreement with 12 strategic investors and employee shareholding platforms. Included in the capital increase agreement, 435 core team members led by Wang Min, chairman and CEO of XCMG, have contributed 868.5 million yuan (US$127.39 million) for a stake of 2.7183 per cent.
Wienerberger AG is an international building materials company. The Company is the parent company of a building materials group whose business activities are classified into six segments: Clay Building Materials Eastern Europe, Clay Building Materials Western Europe, Pipes & Pavers Eastern Europe, Pipes & Pavers Western Europe, North America and Holding & Others. The Clay Building Materials Europe division covers activities in the areas of clay blocks, facing bricks and roof tiles. The Pipes & Pavers Europe division’s product portfolio covers system solutions for building installations, freshwater supply, irrigation, wastewater and rainwater management, drainage, energy supply and data transfer, as well as special products for industrial applications and pavers. 

Pipe Jacking Machines Market Segmentation by Type:

Railway and Highway
Water Treatment Industry
Power Industry
Communications Industry
Mining Industry
Construction Industry
Other

Pipe Jacking Machines Market Segmentation by Application:

Pipe Diameter4m

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North America And Asia Pacific Dominates the Market:

North America is set to hold a huge chunk of the jacking machines business. The demand from end-use industries such as construction and maintenance ventures are probably going to enhance the demand over the forecast period The benefits like setting pipelines without disturbing traffic on roads and highways records for huge spending in the maintenance sector in North America are anticipated to provide a push to the growth of pipe jacking machines business during the forecast period of 2021 to 2031 in the region.
The Asia Pacific holds nearly one-fourth of the sales pie of jacking machines around the world. India and China in this region are the prominent business sectors for these machines as a result of rapid industrialization and urbanization activities observed over the past half-decade. Rising investments in the construction industry and extensive spending of government in water pipeline projects to enhance the potential of pipe jacking equipment business. Demand in this region is majorly driven by development and construction businesses. The rising pattern of investments in high-rise buildings and complexes in the Asia Pacific is probably going to give plentiful opportunities over the short and medium-run forecast period.

Regional Pipe Jacking Machines Market (Regional Output, Demand & Forecast by Countries)

North America (United States, Canada, Mexico)
South America (Brazil, Argentina, Ecuador, Chile)
Asia Pacific (China, Japan, India, Korea)
Europe (Germany, UK, France, Italy)
Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran) And additional.

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Highlights of the Pipe Jacking Machines Market Report:

Detailed overview of Pipe Jacking Machines Market
Changing the Pipe Jacking Machines market dynamics of the industry
In-depth market segmentation by Type, Application, etc.
Historical, current and projected Pipe Jacking Machines market size in terms of volume and value
Recent industry trends and developments
Competitive landscape of Pipe Jacking Machines Market
Strategies of key players and product offerings
Potential and niche segments/regions exhibiting promising growth.

The research includes historic data from 2016 to 2021 and forecasts until 2027 which makes the report an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.

Finally, the Pipe Jacking Machines Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request, and market development rate and figure, and so on. Pipe Jacking Machines industry report additionally Presents a new task SWOT examination, speculation attainability investigation, and venture return investigation.

We Offer Customization on Report Based on Specific Client Requirement:

– Free country Level analysis for any 5 countries of your choice.

– Free Competitive analysis of any 5 key market players.

– Free 40 analyst hours to cover any other data point.

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Market intelligence data is a global front-runner in the research industry, offering customers contextual and data-driven research services. Customers are supported in creating business plans and attaining long-term success in their respective marketplaces by the organization. The industry provides consulting services, Market Intelligence Data research studies, and customized research reports.

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