A piling rig is a construction machine for piling in foundation engineering. It is typically applied to drill in sandy soil, silty clay, clay, etc. and widely used cast-in-place piles, foundation reinforcement, diaphragm walls, and other foundation projects. Piling machine finds application in construction sector and oil & gas sector. There are different types of piling machine including hydraulic press-in, diesel hammer, piling rig, hydraulic hammer, vertical travel lead systems, and vibratory pile driver.
The global piling machine market is estimated to be valued at US$ 1,309.0 million in 2021 and is expected to exhibit a CAGR of 6.5% over the forecast period (2021-2028).
Recent Developments:
Asia Pacific held dominant position in the global piling machine market in 2020, accounting for 49.7% share in terms of volume, followed by North America and Europe, respectively.
Figure 1. Global Piling Machine Market Value (US$ Mn), by Region, 2020
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Market Dynamics- Drivers
Global construction industry is witnessing rapid growth due to high rate of urbanization and increasing demands for rail, roads, buildings, etc. As a result of this, governments of various countries are focused on the development of transportation infrastructure. For instance, in July 2016, the Government of India launched numerous projects including the development of 24 smart cities, two ports, 23 industrial hubs, and 1500-km, six-lane express highway. Such projects are expected to drive growth of the global piling machine market during the forecast period.
Increasing importance for unconventional energy sources such as the wind and solar energy for power generation fueled by regulatory support in China, India, and Japan is expected to promote further the foundation work and thus in turn fuel the demand for piling machines over the forecast period. For instance, by 2020, China- the world’s largest energy user plans to have 100 GW of solar and 200 GW of wind installed. China also led the world in new wind and solar installations, with 19.81 gigawatts (GW) and 10.60 GW respectively. Thus, these factors are expected to propel the global piling market growth in the near future.
Market Opportunities
Key companies are focused on research and development activities, in order to enhance the market presence. For instance, in 2015, BSP International launched DX hydraulic hammers that can drive small bearing piles and sheet piles single or in pairs. This hammer can be driven directly using a hydraulic rig or an excavator base. Furthermore, in June 2016, Soilmec S.p.A. launched an advanced rig in two models, SR-45 and SR-75, which can be used in various soil conditions.
Foundation equipment manufacturers also developing the equipment that are enabled with GPS or other land positioning systems for locating foundations. Furthermore, different types of sensors are used on crane mast of foundation rigs used for positioning of foundation elements. Thus, such technological advancements enable rig or crane to position the foundation to particular coordinates and thus, reduces the cost of the survey.
Piling Machine Market Report Coverage
Report Coverage | Details | ||
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Base Year: | 2020 | Market Size in 2021: | US$ 1,309.0 Mn |
Historical Data for: | 2017 to 2020 | Forecast Period: | 2021 to 2028 |
Forecast Period 2021 to 2028 CAGR: | 6.5% | 2028 Value Projection: | US$ 2,031.4 Mn |
Geographies covered: |
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Segments covered: |
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Companies covered: |
BSP International Foundations, MAIT S.p.A., Soilmec S.p.A., Changsha Tianwei Engineering Machinery Manufacturing Co., Ltd., Casagrande Group, DELMAG GmbH & Co. KG, Bauer Group, Junttan Oy, International Construction Equipment, and Liebherr. |
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Growth Drivers: |
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Restraints & Challenges: |
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Market Trends
Piling machines manufacturers are focused on upgrading their products, in order to enhance their efficiency and produce eco-friendly products. For instance, diesel hammer is being slowly replaced by a hydraulic hammer due to environmental concerns. In densely polluted areas, the hydrostatic pile driver finds application, in order to drive the pile into the ground, which typically works on vibration. This, in turn, avoids complaints related to dust and noise pollution.
Companies such as Bermingham Foundation Solutions developing an intelligent pile driving system to bring efficiency in their equipment. For this, the hammer energy is regulated in real-time with various measured variables including different dynamic testing equipment, vibrations, and measured sound levels. Such solutions can present efficiency by decreasing the energy consumption of the equipment.
Figure 2. Global Piling Machine Market Share, By Product Type, 2020
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Key Takeaways of the Graph:
Market Dynamics- Restraints
Construction of buildings, rail, and bridges require expensive piling machines capable of driving piles into the ground to the necessary depth. Furthermore, contractors often prefer the rental of machinery or purchase of old machinery instead of procuring new machinery due to high capital investment. The low replacement rate of piling machines due to the long life of piling machines is another factor expected to hamper the global piling machine market growth over the forecast period.
Concerns regarding environmental pollution are rising due to dust and carbon oxide released during operations. For instance, in New York City, Noise Control Code regulates construction noise and states particular construction equipment should meet specified noise emission standards. Such stringent regulations are expected to restrain growth of the global piling machine market during the forecast period.
Competitive Section
Major companies operating in the global piling machine market are BSP International Foundations, MAIT S.p.A., Soilmec S.p.A, Changsha Tianwei Engineering Machinery Manufacturing Co., Ltd., Casagrande Group, DELMAG GmbH & Co. KG, Bauer Group, Junttan Oy, International Construction Equipment, and Liebherr.
Key Developments
Key players are focused on product launches, in order to expand the product portfolio. For instance, in April 2020, Bauer Group introduced a new foundation equipment RTG Rammtechnik Klemm and Bauer Mat Slurry Handling System at ConExpo 2020.
Frequently Asked Questions
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