Piling Machine Market Size, Share & Trends Report

Piling Machine Market Size, Share & Trends Analysis Report By Product (Piling Rigs, Impact Hammer), By Piling Method (Impact Driven, Continuous Flight Auger), By Region, And Segment Forecasts, 2021 - 2028

  • Published Date: Mar, 2021
  • Base Year for Estimate: 2020
  • Report ID: 978-1-68038-479-6
  • Format: Electronic (PDF)
  • Historical Data: 2017 - 2019
  • Number of Pages: 100

Report Overview

The global piling machine market size was valued at USD 5.08 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 3.6% from 2021 to 2028. Increasing urbanization in emerging countries, such as India, China, Brazil, and Mexico, is anticipated to augment the growth of the construction industry and fuel piling machine demand over the forecast period. The rising concerns over the effects of vibrations on the marine environment during piling operations have resulted in the enforcement of stringent regulatory norms in the U.K., Germany, the U.S., and New Zealand for the protection of the aquatic ecosystem. This is expected to result in the increasing demand for piling machines with lower vibrations.

U.S. piling machine market size, by product, 2017 - 2028 (USD Million)

The development of privately-owned construction firms in the UAE, India, and China is anticipated to augment the spending in the construction industry over the forecast period. According to the Global Construction 2030 report, the global construction industry is estimated to reach USD 15.5 trillion by 2030, with China, India, and the U.S. contributing to over 57% of the overall growth. An increase in construction activities is expected to augment product demand over the coming years.

In October 2014, the European Commission proposed a minimum 27% renewable energy target by 2030 and a 40% reduction of greenhouse gasses as it was in 1990. New product launches by Siemens and Suzlon, along with the target offered by the European Commission to enhance renewable energy output, are expected to increase the installation of wind farms. This, in turn, is expected to augment the growth of the market over the forecast period.

With the advent of rapid industrialization and modernization in operational processes, digital technologies play a crucial role. The companies are more inclined to offer digitally advanced solutions, such as remote master controllers, to the customers to gain a competitive edge in the market. Strategic partnerships among piling machine manufacturers, such as Bauer AG, for the development of machines with reduced noise levels and low vibrations are expected to favorably impact the market growth over the forecast period.

Public construction witnessed the minimal short-term impact of the COVID-19 pandemic on account of the ongoing activities to a certain extent. The construction companies have been executing their contracts, however, the disruption of supply chains has resulted in the shortage of construction materials and equipment, causing delays or cancellations of the ongoing projects and lower budgets for future projects.

Product Insights

Piling rigs held the largest share of 40.52% in 2020. They are finding increasing applications on account of the high flexibility involved with the machine. These products can be used for a wide range of applications, such as foundation reinforcement, cast-in piles, and installing diaphragm walls. The growing popularity of piling rigs on account of the flexibility of attaching vibratory hammers, screw drills, and impact hammers is anticipated to fuel the segment growth over the forecast period.

Rising concerns over the adverse effects of underwater piling operations on marine life are foreseen to result in a negative impact on the demand for vibratory driver piling machines over the forecast period. The implementation of stringent noise and vibration control norms in residential areas and offshore locations is expected to result in high R&D spending for the development of low-noise and vibration machines, which is expected to positively impact the segment growth.

The vertical travel lead systems are used on every crane type in the range of 40-ton truck cranes to over 300-ton crawler cranes. In addition, the vertical lead systems are connected to the boom using a sliding connection, which allows the lead to be lowered or elevated below grade. This system was developed in the 1960s as a solution to the swinging lead or fixed lead systems.

The conventional sheet pile driving process is highly energy-intensive as well as utilizes only a fraction of the piling machine’s weight in applying the downward force. To obtain higher efficiency, robotic pile drivers such as the Romu robot designed by the engineers of Harvard University are used. This robot holds the sheet pile, lowers its chassis, and inserts the pile into the ground surface with the help of a vibratory hammer.

Piling Method Insights

The impact driven segment held the largest share of 29.71% in 2020. Air-lift RCD rig is expected to witness significant growth over the forecast period. It uses a dual-walled drill tube to pass the debris using high-pressure air. Increasing application of air-lift reverse circulation drilling in construction activities owing to better penetration performance compared to rotary and impact boring is expected to augment the segment growth in the near future. Reverse circulation drilling is especially effective in rocky soils on account of better cutting performance compared to impact hammers.

Stringent norms against vibrations in urban areas are expected to drive the market over the forecast period. In July 2014, Switzerland-based Liebherr Group launched a simulator for its LB 28 CFA drilling rig aimed at creating a virtual construction environment for training purposes. In April 2012, Italy-based Soilmec introduced its CFA dedicated piling machine, SF-65, in Paris, which features reduced weight, coupled with an improved mast strength over previous versions.

Global piling machine market share, by piling method, 2020 (%)

The latest trend in piling has been the development of driverless piling machines, which can accurately detect and install piles as required. These are particularly useful in setting up wind and solar farms, which require precision installation for optimum performance. The growing application of laser transmitters and receivers for improving accuracy is expected to fuel the demand for other piling machines over the forecast period.

Favorable government incentives for the deployment of alternative energy sources in the U.S. have resulted in the increasing installation of solar farms. The rising popularity of using self-propelled pile drivers for installing foundations for solar panels is expected to fuel the demand for other piling machines, mainly driverless piling machines.

Regional Insights

Asia Pacific held the largest share of 42.28% in 2020. China led the Asia Pacific market in 2020 owing to the increasing need for residential and commercial buildings to cater to the growing population. The rising commercial construction of industrial facilities, complexes, hospitals, hotels and restaurants, and retail spaces to cater to the growing demand is expected to support the growth of the construction industry and drive the demand for piling machines.

Factors such as improved GDP, significant population growth, and the expanding industrial sector are likely to boost the growth of India's construction industry. 100% FDI in the Indian construction industry is expected to drive foreign investments, thereby stimulating market growth. Government initiatives for developing smart cities are expected to further fuel the growth of the construction industry, thus stimulating the product demand.

Russia witnessed a significant boost in infrastructure development in 2017 owing to Formula 1 race and FIFA Football World Cup that was held in the country in 2018. Since infrastructure development is vital to the economy, the government planned to invest USD 364.4 billion in the Development of Transport System of Russia Program by 2020. This, in turn, is expected to create opportunities for piling machine manufacturers over the forecast period.

Under the National Development Plan, the Mexican government initiated the National Infrastructure Program (PNI) to boost the infrastructural growth in the country as a strategic move to increase productivity and improve the competitiveness in the construction industry. The program is anticipated to increase the overall standard of living in Mexico, thus augmenting the product demand for new constructions in the residential sector.

Key Companies & Market Share Insights

Key companies have formed strategic partnerships with companies, such as Bosch Rexroth; Caterpillar; and Cummins Inc., to ensure the constant supply of components at low prices. Furthermore, the deployment of zinc-free and bio-based hydraulic oils has increased drain intervals and reduced maintenance costs of hydraulic pumps. As a result, hydraulic pumps are expected to find applications in the marine industry and are likely to promote the importance of piling machines. Some prominent players in the global piling machine market include:

  • Casagrande S.p.a

  • Watson Inc.

  • BSP International Foundations

  • BAUER Group

  • TONTI TRADING S.R.L.

  • Beijing SINOVO International (SINOVO Heavy Industry Co., Ltd.)

Piling Machine Market Report Scope

Report Attribute

Details

Market size value in 2021

USD 5.20 billion

Revenue forecast in 2028

USD 6.72 billion

Growth Rate

CAGR of 3.6% from 2021 to 2028

Base year for estimation

2020

Historical data

2017 - 2019

Forecast period

2021 - 2028

Quantitative units

Revenue in USD million/billion and CAGR from 2021 to 2028

Report coverage

Revenue forecast, company ranking, competitive landscape, growth factors, and trends

Segments covered

Product, piling method, region

Regional scope

North America; Europe; Asia Pacific; Central & South America; Middle East & Africa

Country scope

U.S.; Canada; Mexico; Germany; Scandinavia; Russia; U.K.; China; India; Brazil; UAE; Saudi Arabia; Qatar

Key companies profiled

Casagrande S.p.a; Watson Inc.; BSP International Foundations; BAUER Group; TONTI TRADING S.R.L.; Beijing SINOVO International

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Segments Covered in the Report

This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2017 to 2028. For the purpose of this study, Grand View Research has segmented the global piling machine market report on the basis of product, piling method, and region:

  • Product Outlook (Revenue, USD Million, 2017 - 2028)

    • Impact Hammer

    • Vibratory Drivers

    • Piling Rigs

    • Others

  • Piling Method Outlook (Revenue, USD Million, 2017 - 2028)

    • Impact Driven

    • Drilled Percussive

    • Rotary Bored

    • Air-lift RCD Rig

    • Auger Boring

    • Continuous Flight Auger

    • Others

  • Regional Outlook (Revenue, USD Million, 2017 - 2028)

    • North America

      • U.S.

      • Canada

      • Mexico

    • Europe

      • Germany

      • Scandinavia

      • U.K.

      • Russia

    • Asia Pacific

      • China

      • India

    • Central & South America

      • Brazil

    • Middle East & Africa

      • UAE

      • Saudi Arabia

      • Qatar

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