The North America piling machine market size was exhibited at USD 985.25 million in 2023 and is projected to hit around USD 1,363.17 million by 2033, growing at a CAGR of 3.3% during the forecast period 2024 to 2033.
Report Coverage | Details |
Market Size in 2024 | USD 1,017.76 Million |
Market Size by 2033 | USD 1,363.17 Million |
Growth Rate From 2024 to 2033 | CAGR of 3.3% |
Base Year | 2023 |
Forecast Period | 2024-2033 |
Segments Covered | Product, Piling Method, Country |
Market Analysis (Terms Used) | Value (US$ Million/Billion) or (Volume/Units) |
Country scope | U.S.; Canada; Mexico |
Key Companies Profiled | American Piledriving Equipment; Bruce Piling Equipment. Bauer AG; LIEBHERR; SANY Group;Junttan Oy; Dieseko Group; Casagrande S.p.a; Comacchio S.p.A. ; CZM Foundation Equipment; Movax Oy |
The growing number of construction projects and the need for specialized equipment with core use in deep foundation construction are driving the demand for piling machines. The U.S. government is taking several initiatives to improve the infrastructure across the country. With new residential and commercial infrastructure projects, the market is expected to accelerate in the coming years.
Manufacturers are also keeping up with rapid advancements in technology, improving comfort for the operator, making fuel-efficient engines to cut down operation costs, and adding features like automation and safety to the pile driving machines. In February 2024, the U.S. Federal Aviation Administration (FAA) announced the allocation of funds to 144 airports in the country for infrastructure redevelopment. The FAA received USD 1 billion for the redevelopment project under the Bipartisan Infrastructure Law.
Based on product, piling rigs held the largest market share of 40.0% in 2023. The increasing demand for piling rigs is attributed to the new infrastructure projects in the region. With the introduction of the Biden-Harris Administration Bipartisan Infrastructure Law in 2021, the government invests in redeveloping roads, highways, bridges, airports, and others. Piling rigs offer precision control over the piling process, allowing accurate placement of piles. Piling rigs are more versatile, can be used to pile concrete, steel, and wood, and are preferred for piling in various soil conditions.
Impact hammers segment is expected to grow at a significant CAGR over the forecast period. They are used for deeper penetration of piles into the ground, allowing better piling in hard soil conditions. Additionally, impact hammers are capable of driving piles faster. The increasing number of infrastructure development projects requiring complex piling solutions is expected to drive the segment growth.
Based on the piling method, the impact-driven piling method dominated the market with the largest market share in 2023. The rising demand for offshore wind energy projects in North America is driving the growth of the market. Offshore wind farms require robust foundations to support wind turbine structures in marine environments. Piling methods such as monopile installation and jacket foundation construction are commonly used for offshore wind turbine installations. Specialized piling machines equipped with dynamic positioning systems and marine capabilities are essential for executing these offshore piling operations safely and accurately. As governments and energy companies in North America invest in offshore wind energy development to reduce reliance on fossil fuels, the demand for piling machines tailored for offshore applications is expected to grow significantly.
The continuous flight auger segment is expected to grow at the fastest CAGR over the forecast period. Continuous flight augers are used in offshore piling projects under damped soil conditions. The continuous flight auger pilling method involves the attachment of a drill and adding concrete through the hollow shaft in the middle. This method requires less setup space and produces less noise and vibrations. The popularity of continuous flight augers is expected to increase over the coming years as they have versatile applications that can pile faster and more efficiently and reduce noise.
U.S. Piling Machine Market Trends
The U.S. accounted for the highest market share of 83.3% in the market. The construction of high-rise buildings and commercial structures in urban centers across the U.S. is driving the demand for piling machines. With population growth and urbanization leading to denser city landscapes, deep-found solutions are needed to support tall buildings and skyscrapers. Piling machines are crucial in executing deep foundation methods such as drilled shafts and auger-cast piles, commonly used in urban construction projects. As cities expand vertically to accommodate growing populations and commercial activities, the demand for piling machines in the U.S. continues to rise.
Mexico Piling Machine Market Trends
The Mexico piling machine market is expected to witness the fastest CAGR over the forecast period. Expanding port and harbor facilities in Mexico drives demand for piling machines for marine construction projects. Mexico's strategic location as a gateway between North and South America makes it an essential maritime trade and transportation hub. Piling machines are used to construct quay walls, jetties, and berthing structures at ports and harbors to accommodate larger vessels and increase cargo-handling capacity. With Mexico investing in port infrastructure upgrades and expansion projects to enhance its competitiveness in global trade, the demand for piling machines for marine construction is expected to grow.
This report forecasts revenue growth at country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2033. For this study, Nova one advisor, Inc. has segmented the North America piling machine market
Product
Piling Method
Country
Chapter 1. Methodology and Scope
1.1. Market Segmentation and Scope
1.2. Segment Definitions
1.2.1. Product
1.2.2. Pilling method
1.2.3. Estimates and forecasts timeline
1.3. Research Methodology
1.3.1. Information procurement
1.3.2. Information or data analysis
1.3.3. Market formulation & data visualization
1.3.4. Data validation & publishing
1.4. Research scope and assumptions
1.4.1. List of data sources
Chapter 2. Executive Summary
2.1. Market Outlook
2.1.1. Product outlook
2.1.2. Pilling method outlook
2.2. Segment Outlook
2.3. Competitive Insights
Chapter 3. North America Piling Machine Market Variables, Trends & Scope
3.1. Market Introduction/Lineage Outlook
3.2. Market Size and Growth Prospects (USD Million)
3.3. Industry Value Chain Analysis
3.4. Market Dynamics
3.4.1. Market Drivers Analysis
3.4.1.1. The growing trend of modular and prefabricated construction techniques
3.4.1.2. The rise in coastal protection and waterfront development initiatives
3.4.2. Market Restraints Analysis
3.4.2.1. Limited availability of suitable piling sites, particularly in urban areas with underground utilities and infrastructure
3.4.3. Industry Opportunities
3.4.3.1. Growing acceptance of fintech
3.4.4. Industry Challenges
3.5. North America Online Gambling Market Analysis Tools
3.5.1. Porter’s Five Forces Analysis
3.5.1.1. Bargaining power of the suppliers
3.5.1.2. Bargaining power of the buyers
3.5.1.3. Threats of substitution
3.5.1.4. Threats from new entrants
3.5.1.5. Competitive rivalry
3.5.2. PESTEL Analysis
3.5.2.1. Political landscape
3.5.2.2. Economic and Social landscape
3.5.2.3. Technological landscape
3.5.2.4. Environmental landscape
3.5.2.5. Legal landscape
Chapter 4. North America Piling Machine Market: Product Estimates & Trend Analysis
4.1. Product Movement Analysis & Market Share, 2018 & 2030
4.2. North America Piling Machine Market Estimates & Forecast, By Product, 2021 to 2033 (USD Million)
4.3. Impact Hammer
4.3.1. Impact Hammer Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
4.4. Vibratory Drivers
4.4.1. Vibratory Drivers Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
4.5. Piling Rigs
4.5.1. Piling Rigs Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
4.6. Others
4.6.1. Others Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
Chapter 5. North America Piling Machine Market: Piling Method Estimates & Trend Analysis
5.1. Piling Method Movement Analysis & Market Share, 2024 & 2033
5.2. North America Piling Machine Market Estimates & Forecast, By Piling Method, 2021 to 2033 (USD Million)
5.3. Impact Driven
5.3.1. Impact Driven Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
5.4. Drilled Percussive
5.4.1. Drilled Percussive Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
5.5. Rotary Board Piling
5.5.1. Rotary Board Piling Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
5.6. Air Lift RCD
5.6.1. Air Lift RCD Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
5.7. Auger Boring
5.7.1. Auger Boring Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
5.8. Continuous Flight Auger
5.8.1. Continuous Flight Auger Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
5.9. Others
5.9.1. Others Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
Chapter 6. North America Piling Machine Market: Country Estimates & Trend Analysis
6.1. Country Movement Analysis & Market Share, 2024 & 2033
6.2. North America
6.2.1. North America Piling Machine Market Estimates & Forecast, 2021 - 2033 (USD Million)
6.2.2. U.S.
6.2.2.1. Key country dynamics
6.2.2.2. U.S. Piling Machine Market Estimates & forecast, 2021 - 2033 (USD Million)
6.2.3. Canada
6.2.3.1. Key country dynamics
6.2.3.2. Canada Piling Machine Market Estimates & forecast, 2021 - 2033 (USD Million)
6.2.4. Mexico
6.2.4.1. Key country dynamics
6.2.4.2. Mexico Piling Machine Market Estimates & forecast, 2021 - 2033 (USD Million)
Chapter 7. North America Piling Machine Market- Competitive Landscape
7.1. Recent Developments & Impact Analysis, By Key Market Participants
7.2. Company Categorization
7.3. Company Heat Map/Position Analysis, 2024
7.4. Strategy Mapping
7.4.1. Expansion
7.4.2. Mergers & Acquisition
7.4.3. Partnerships & Collaborations
7.4.4. New Product Launches
7.4.5. Research And Development
7.5. Company Profiles
7.5.1. American Piledriving Equipment
7.5.1.1. Participant’s overview
7.5.1.2. Financial performance
7.5.1.3. Product benchmarking
7.5.1.4. Recent developments
7.5.2. Bruce Piling Equipment.
7.5.2.1. Participant’s overview
7.5.2.2. Financial performance
7.5.2.3. Product benchmarking
7.5.2.4. Recent developments
7.5.3. Bauer AG
7.5.3.1. Participant’s overview
7.5.3.2. Financial performance
7.5.3.3. Product benchmarking
7.5.3.4. Recent developments
7.5.4. LIEBHERR
7.5.4.1. Participant’s overview
7.5.4.2. Financial performance
7.5.3.3. Product benchmarking
7.5.4.4. Recent developments
7.5.5. SANY Group
7.5.5.1. Participant’s overview
7.5.5.2. Financial performance
7.5.5.3. Product benchmarking
7.5.5.4. Recent developments
7.5.6. Junttan Oy
7.5.6.1. Participant’s overview
7.5.6.2. Financial performance
7.5.6.3. Product benchmarking
7.5.6.4. Recent developments
7.5.7. Dieseko Group
7.5.7.1. Participant’s overview
7.5.7.2. Financial performance
7.5.7.3. Product benchmarking
7.5.7.4. Recent developments
7.5.8. Casagrande S.p.a
7.5.8.1. Participant’s overview
7.5.8.2. Financial performance
7.5.8.3. Product benchmarking
7.5.8.4. Recent developments
7.5.9. Comacchio S.p.A.
7.5.9.1. Participant’s overview
7.5.9.2. Financial performance
7.5.9.3. Product benchmarking
7.5.9.4. Recent developments
7.5.10. CZM Foundation Equipment
7.5.10.1. Participant’s overview
7.5.10.2. Financial performance
7.5.10.3. Product benchmarking
7.5.10.4. Recent developments
7.5.11. Movax Oy
7.5.11.1. Participant’s overview
7.5.11.2. Financial performance
7.5.11.3. Product benchmarking
7.5.11.4. Recent developments