Recent Press Release Update on Pile Driving Equipment Marke Size & Share, Growth, Trends and Forecast 2017 - 2025

MarketResearchReports.Biz presents this most up-to-date research on "Pile Driving Equipment Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025"

The objectives of this study are as follows:

To define, describe, and forecast the "Pile Driving Equipment " market by type, application, component, delivery model, end user, and region
To provide detailed information regarding major factors influencing market growth (drivers, restraints, opportunities, and industry-specific challenges)
To analyze micromarkets with respect to individual growth trends, prospects, and contributions to the overall market
To analyze opportunities in the market for stakeholders and provide details of the competitive landscape for market leaders
To forecast the market size of market segments with respect to the four key regions: North America, Europe, Asia, and the Rest of the World (RoW)
To strategically profile the key players and comprehensively analyze their product portfolios, market positions, and core competencies

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Pile driving is the process of driving vertical structural elements called piles or poles into the ground to create foundation to support structures, buildings, and other construction projects. Pile foundations are essential for any structure when the bed rock is deep and other foundation techniques cannot be employed. Moreover, if the soil is too water-logged near the surface, pile foundations provide solid support to the structures. Pile foundations are largely employed for construction of uncommonly heavy structures and structures with large and concentrated loads. Pile foundations are used for construction of high rise buildings, bridges, water tanks, etc. These piles are driven into the ground via several techniques and equipment. Based on the variation in soil conditions, different types of pile drivers are used such as diesel hammers, hydraulic hammers, and piling rigs. Impact and vibratory are the primary methods used by pile driving equipment to drive piles into the ground. The impact method creates a sudden downward force to push the pile through the soil layer. The vibratory method, on the other hand, piles gradually makes its way through the soil via vibrating the ground as it progresses under.

The pile driving equipment market is driven by infrastructure projects undertaken by government and other commercial construction projects. Pile driving equipment are primarily used in infrastructure projects such as bridges, skyscrapers, airports, and monuments. Technological advancements in civil engineering have enabled construction of higher and larger skyscrapers in metropolitan cities across the world. Rising urbanization is likely to drive demand for pile driving equipment.

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In terms of equipment type, the global pile driving equipment market can be segmented into piling rigs, piling wenches, hanging leaders, hammer guides, piling hammers, and other equipment such as caps, helmets. Piling hammers can be further classified into diesel hammers, hydraulic hammers, drop hammers, double action hammer, and others. All of these equipment are essential in the pile driving process. The type of piling hammer used often varies according to conditions ranging from soil consistency to depth of piles required. The pile driving equipment market is segmented based on market type into drilled percussive, impact driven, rotary bored, auger boring, air lift reverse circulation drilling (RCD), and continuous flight Auger (CFA).

In terms of geography, the global pile driving equipment market can be segmented into Asia Pacific, Europe, North America, Latin America, and Middle East & Africa. Asia Pacific is the key market for pile driving equipment due to increased spending on infrastructure by countries such as India and China. Countries in the region have undertaken mega construction and infrastructure development projects. This has increased demand for pile driving equipment. The Middle East is also anticipated to witness significant demand for these equipment as countries such as the UAE and Saudi Arabia are aggressively developing their infrastructure. Elegant and state-of-the-art construction projects have been completed in these countries, with similar projects in pipeline. North America and Europe are anticipated to experience moderate growth as these regions have well–developed infrastructure. However, Eastern Europe is expected to witness higher growth than Western Europe.

Key players operating in the global pile driving equipment market include Bauer-Pileco, Inc., Casagrande S.p.A., American Piledriving Equipment, Inc., Changsha Tianwei Engineering Machinery Manufacturing Co. Ltd., and Junttan Oy.

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The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
The regional analysis covers:

North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

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Highlights of the report:

A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market

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This release was published on openPR.