Portland, OR -- (SBWire) -- 09/28/2017 --Before starting the construction of a building, the load bearing capacity of the soil is analyzed at the site. It is essential to construct deep foundations when the soil is not stable to sustain heavy loads. Pile foundation provides reinforcement to a high-rise building against seismic activity and wind forces. The pile foundations act as a platform to provide a stronger base.
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Rapid increase in the demand for infrastructural development has developed a surge of construction projects globally. In addition, increasing population growth & urbanization and international trade & tourism prompt heavy investments in the construction of various infrastructures such as airports, docks, and others. The necessity to construct piles for large infrastructure supports the growth of the pile driving machine market. Moreover, manufacturers are investing on developing technologies such as load testing, integrity testing, and sonic drilling to improve the efficiency of pile driving equipment.
The pile driving equipment market is segmented based on product type, method, and geography. Based on product type, the market is segmented into impact hammers, vibratory drivers, and rigs. Based on method the market is segmented into impact driven, drilled percussive, rotary bored, air lift reverse circulation drilling (RCD), auger boring, and continuous flight Auger (CFA). Based on geography, the market is segmented into North America, Europe, Asia-Pacific, and LAMEA.
Key players that operate in the market include Bauer-Pileco Inc., Casagrande S.p.A., Soilmec North America Inc., American Piledriving Equipment Inc., Ashok Industries, BRUCE Piling Equipment Co., Ltd., Changsha Tianwei Engineering Machinery Manufacturing Co. Ltd., Dieseko Group B.V., IHC Fundex Equipment B.V., and Junttan Oy.
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