Latin America Region : Capnography Equipment Market Piling Machine Market Current Demand 2016 | Page 3

R e s e a r c h

fastest growing segment during the forecast period and is expected to reach a market value of
US$ 120.6 Mn by 2024.
“The hydraulic press-in and piling rig segments are expected to continue to be the most
prominent segments in this market and are expected to grow significantly due to increasing
demand, especially in emerging economies.” Analyst, Persistence Market Research.
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Among regions, Asia Pacific is anticipated to be the fastest growing market for piling machines
over the forecast period. The market for piling machines in the APAC region is estimated to
reach a valuation of US$ 829.7 Mn by the end of 2024. Sales revenue in the North America
market is anticipated to increase at a CAGR of 4.9% over the forecast period and reach US$
is expected to increase at a CAGR of 5.5% over the forecast period to reach a market valuation
of US$ 274.1 Mn by 2024.
The report profiles leading players operating in the global piling machine market such as Bauer
Group, Junttan Oy, Soilmec S.p.A, Liebherr Group, BSP International Foundations, Casagrande
S.p.A., International Construction Equipment, DELMAG GmbH & Co. KG, Changsha Tianwei
Engineering Machinery Manufacturing Co., Ltd., and MAIT S.p.A. Leading companies are
focusing on creating innovative energy-efficient and economical products to remain competitive
and to boost sales in emerging markets such as Asia Pacific.

P e r s i s t e n c e

M a r k e t

328.7 Mn by 2024. Sales of piling machines in Europe was valued at US$ 169.9 Mn in 2015 and

Global Piling Machines Market 2016-2024