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.

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.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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Pile Driving Equipment Market

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