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| Piling Machine Market |
Piling machines, also known as pile drivers, are used in construction projects
for inserting piles or poles into the ground to provide foundation support.
They offer efficient and cost-effective installation of piles using hydraulic
hammers, augers, vibratory hammers and other techniques. The incorporation of
digital solutions is boosting productivity and reducing installation time.
Features like automated pile location guidance, integrated monitoring of
installation parameters and remote machine monitoring are enhancing accuracy
and performance.
The global
Piling Machine Market is estimated to be valued at US$ 1484.7 Mn in 2023 and is expected to exhibit a CAGR of 13% over the forecast period
2023 to 2030, as highlighted in a new report published by Coherent Market
Insights.
Market key trends:
Digital transformation is one of the key trends gaining momentum in the piling
machine market. The adoption of IoT technologies, data analytics, automation
and machine learning is optimizing operations. Sensors integrated with piling
rigs monitor critical installation parameters in real-time. This data is
analyzed to gain insights and improve efficiency. For example, digital
solutions can track machine productivity, fuel consumption, downtime and pile
installation accuracy. Remote monitoring allows rig operators to access live
performance metrics from any location. Additionally, powered by AI, digital
solutions are enabling automated pile location guidance and pile driving depth
control for higher accuracy. Such technologies are driving productivity and
reducing installation time, thereby accelerating growth of the piling machine
market.
Segment Analysis
The global Piling Machine market is segmented based on type as impact driven
type, drilled percussive type, rotary type, and others. The impact driven type
segment held the largest share in 2021. Impact hammers are most commonly used
for piling works due to their installation speed and simplicity. They can be
fixed as well as vibrated types for varied soil conditions.
Key Takeaways
The global Piling
Machine Market Growth is expected to witness high growth. The global
Piling Machine Market is estimated to be valued at US$ 1484.7 Mn in 2023 and is
expected to exhibit a CAGR of 13% over the forecast period 2023 to 2030.
Regional
analysis: Asia Pacific dominates the Piling Machine market and is expected to
maintain its leading position during the forecast period. This is attributed to
rapid urbanization and infrastructure development projects in countries such as
China and India.
Key players:
Key players operating in the Piling Machine market are Soilmec S.p.A., Bauer
AG, Atlas Copco, Tescar, Delmag, BSP International Foundations, BAUER-Pileco,
KENCHO KOBE CO., LTD., Sinomach, and Casagrande S.p.A.. Casagrande S.p.A.
specializes in foundation and civil engineering equipment and is a prominent
player in hydraulic impact hammers, hydraulic vibratory, hydraulic excavators
fitted hammers, and crane piling rigs. Sinomach produces a range of foundation
equipment including hydraulic piling hammers, vibratory drivers, augers and
cranes.
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