Global Market Study on Piling Machines: Piling Rig Segment to Account for Maximum Share of 36.4% by 2016 End
LONDON, Oct. 31, 2016 /PRNewswire/ -- Persistence Market Research analyzes the global piling machine market over an eight-year period (2016–2024) and provides data for the year 2015 along with a comprehensive market forecast for the said period. The main objective of the report is to identify key trends and opportunities in the market.
To assess market opportunities, the market is divided into two segments namely by product type and by region. By product type, the market is segmented into diesel hammer, vertical travel lead systems, hydraulic hammer, hydraulic press-in, vibratory pile driver, and piling rig. The report provides in-depth analysis of the global piling machine market in terms of volume and value across the five key regions of North America, Asia Pacific (APAC), Latin America, Europe, and Middle East & Africa (MEA). To provide a better understanding of the market the report also includes a comprehensive analysis of key market drivers and restrains and throws light on the regulations influencing the global piling machine market.
The subsequent sections analyze the global piling machine market considering the product type segment and regional segment; and provide a thorough forecast for the period 2016–2024. The last section of the report features a comprehensive competitive landscape with a dashboard view of piling machine manufacturers across the globe. The report also provides strategic recommendations to enable market players to capitalize on growth opportunities in the market. Also included are the company profiles of some of the major market players. This level of information has been provided to enable clients to assess strategies deployed by market leaders and help them develop effective strategies accordingly.
Some of the leading companies featured in the report include 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.
Research Methodology
To estimate the market size, various viewpoints on the basis of detailed primary and secondary research are considered in the report. Further, data inputs such as market split by product type, regional split, and qualitative inputs from industry experts have been taken into consideration before concluding the market estimates. Market forecast is estimated using the current market size, which formulates the basis for projecting how the market is likely to grow during the forecast period. Given the fluid market characteristics, the report triangulates the gathered data on the basis of various analyses using both demand side and supply side drivers as well as several dynamics of the global piling machine market. However, computing the market size across the different segments is a matter of quantifying expectations and finding opportunities rather than rationalizing them at the end of the forecast period.
The report takes into consideration the ever-fluctuating nature of the economy and conducts market forecasts not only in terms of CAGR, but also after considering important parameters such as Year-on-Year (Y-o-Y) growth to understand the predictability of the market and to help identify growth opportunities for key market players. The report also analyzes the global piling machine market based on the absolute dollar opportunity, which is typically overlooked while estimating the market forecast. However, from a sales perspective it is essential to identify absolute dollar opportunity to help identify potential resources in the piling machine market. Persistence Market Research has also developed a market attractiveness index to understand the key segments in terms of their performance and growth in the global piling machine market. This market attractiveness index is aimed at enabling clients to identify existing market opportunities.
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