Piling Machine Market Size, Share & Trends Analysis Report By Product (Impact Hammer, Vibratory Drivers), By Piling Method (Impact Driven, Drilled Percussive), By Region, And Segment Forecasts, 2020 - 2027

Report Overview

The global piling machine market size was estimated at USD 4.9 billion in 2019 and is expected to expand at a compounded annual growth rate (CAGR) of 3.4% from 2020 to 2027. Rising investments for infrastructure development in the Middle Eastern countries, such as Saudi Arabia and the U.A.E, are expected to accelerate the demand for piling machines.

Stringent regulations regarding vibration and noise limits in residential areas and offshore sites have resulted in the development of low-noise piling machines. Rising R&D expenditure has resulted in the development and introduction of new technologies involving micro piling, continuous flight auger, geothermal application drilling, jet grouting, large diameter piling, and deep diaphragm walls with cutter soil mixing and hydro-mill technology.

The U.S., one of the prominent countries in North America, is active in monitoring and controlling the lifecycle in the marine ecosystem. The Environment Protection Agency (EPA) has set standards for the emissions and noise caused due to shipping vessels to safeguard the quality of the marine environment, which, in turn, is projected to have a positive impact on piling machines in the country over the forecast period.

The rising concerns regarding environmental pollution caused by internal combustion engines have forced authorities in European countries along with the U.S., India, Japan, and China to enforce emission control standards. The enforcement aims to reduce carbon emissions, which is expected to drive the demand for fuel-efficient and low-emission piling machines.

Piling machines are increasingly finding applications in the construction of long structured buildings in countries such as the U.S., China, UAE, India, and Australia, which is expected to drive the market over the forecast period. Noise restrictions on the construction work in residential areas in Europe and North America are expected to increase demand for piling machines with lower vibration and noise levels.

The rising popularity of wind farms in the U.S. on account of tax credits given by the U.S. government, coupled with individual targets for renewable energy set by most U.S. states, has propelled the demand for piling machines for installing wind turbines. In addition, the U.S. government is providing tax credits for usage in farms in many states, which is expected to propel the demand for piling machines over the forecast period.

Product Insights

Piling rigs led the market and accounted for 40.3% share of the global revenue in 2019 owing to the ability of pile rigs to perform multi-purpose functions, including auger and screw boring drilling and grouting, allows its application in foundation construction. The rapid expansion of the railways' network in countries such as India, South Africa, China, and the UAE, is expected to drive the market for piling machines.

The vibratory drivers' segment is estimated to witness a CAGR of 2.7% from 2020 to 2027. Vibratory drivers are used in sandy or gravel regions to break down skin friction for driving the piles effectively. Increasing application areas for vibratory drivers owing to their exceptional penetration speed is anticipated to fuel their demand over the forecast period.

Impact hammers consist of a heavy ram weight raised hydraulically or mechanically to a certain height and then dropped onto the head of the pile, during which the kinetic energy is transferred to the pile, resulting in the pile penetrating the ground. The rising adoption of diesel and hydraulic hammers due to exceptional impact force and reduced piling time is expected to drive segment growth over the forecast period.

Other types of piling machines include vertical lead systems, airlift machines, and robotic pile drivers. Faster piling time coupled with low vibration levels associated with airlift reverse circulation is anticipated to fuel segment growth over the forecast period. In addition, the rising construction industry in India and China, due to growing urbanization, is expected to impact the market.

Piling Method Insights

Impact driven method led the market for piling machines and accounted for 29.9% of the global revenue share in 2019. Impact-driven piling is done with the help of a compressor, hydraulic system, manual, or diesel manual impact hammer piling machines. This method is utilized for low cost and efficient pile installations at sites with firm soil.

The drilled-percussive piling method is based on four major components, namely, feed force, rotation, percussion, and flushing. The technique is used in cases where wash or auger boring is not suitable for rocks or very stiff soils. In addition, rotary percussion drilling is considered one of the most economical and fastest methods for drilling grout holes in rocks. 

Auger boring is estimated to witness a CAGR of 5.3% from 2020 to 2027, as this type of piling is light, inexpensive, and used in soft to stiff cohesive soils. Factors such as low operating costs, fast and safe method, minimal disturbance to the traffic, rail, buildings, and the surface are anticipated to drive the demand for auger boring piling technique over the forecast period.

The rotary bored piling method allows the quick change of auger type and digging or coring tools to suit the soil conditions. Growing application of rotary-bored piling in foundation work on account of fast boring speed and excellent boring capabilities in highly challenging soil conditions is expected to fuel the demand for these machines over the forecast period.

Regional Insights

Asia Pacific dominated the market for piling machines and accounted for about 42.0% share of global revenue in 2019. The rising demand for piling machines in the region is attributed to the expansion of residential, commercial, and industrial sectors on account of sustainable economic growth, leading to increased construction activities.

The growth in construction spending in North America can be attributed to the increasing government initiatives toward modernizing infrastructure and building energy-efficient homes, resulting in increased construction activities in the region. However, the demand outlook in the region is expected to decline in the near term owing to the recent outbreak of COVID-19.

The demand for piling machines in Europe is expected to be driven by the growing residential sector on account of the increasing rate of immigration. In addition, rising investments in civil engineering structures are likely to augment market growth over the forecast period.

China has undergone a massive urbanization process that has transformed the country over the past decade. Factors such as increasing constructions of skyscrapers, on account of the scarcity of commercial land and the development of improved architectural technology, are expected to boost the demand for piling machines in the country.

Key Companies & Market Share Insights

The market for piling machines is highly competitive due to the presence of regional and multinational market participants. New product development is one of the key strategies adopted by market participants to expand their product offerings and have products that suit specific application requirements, thereby reinforcing their competitive positions in the market.

Market participants are also forming strategic partnerships with other industry players for new product developments, integrating value chain, and global operations, thereby sharing resources and expertise for R&D and exploring new markets. In addition, distribution network expansion is also one of the important strategies adopted by market players. Some of the prominent players in the 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

Segments Covered in the Report

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2016 to 2027. For the purpose of this study, Grand View Research has segmented the global piling machine market on the basis of product, piling method, and region:

• Product Outlook (Revenue, USD Million, 2016 - 2027)

  • Impact hammer

  • Vibratory drivers

  • Piling rigs

  • Others

• Piling Method Outlook (Revenue, USD Million, 2016 - 2027)

  • Impact Driven

  • Drilled percussive

  • Rotary bored

  • Air-lift RCD

  • Auger boring

  • Continuous flight auger

  • Others

• Regional Outlook (Revenue, USD Million, 2016 - 2027)

  • 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