Global Pipe Jacking Machine Market Growth 2023-2029

Global Pipe Jacking Machine Market Growth 2023-2029

Pipe jacking technology is a trenchless tunneling pipeline laying technology used in municipal construction. The advantage is that it does not affect the surrounding environment or the influence is small, the construction site is small, the noise is small. And can go deep underground operation, which is the excavation of buried pipe incomparable advantages. However, pipe jacking technology also has disadvantages, such as long construction time and high construction cost.
LPI (LP Information)' newest research report, the “Pipe Jacking Machine Industry Forecast” looks at past sales and reviews total world Pipe Jacking Machine sales in 2022, providing a comprehensive analysis by region and market sector of projected Pipe Jacking Machine sales for 2023 through 2029. With Pipe Jacking Machine sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Pipe Jacking Machine industry.
This Insight Report provides a comprehensive analysis of the global Pipe Jacking Machine landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Pipe Jacking Machine portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Pipe Jacking Machine market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Pipe Jacking Machine and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Pipe Jacking Machine.
The global Pipe Jacking Machine market size is projected to grow from US$ 474.5 million in 2022 to US$ 984.8 million in 2029; it is expected to grow at a CAGR of 984.8 from 2023 to 2029.
Global Pipe Jacking Machine key players include Akkerman, mts Microtunneling Systems GmbH, Tangxing Machinery, Zhenjiang Hongyu Mechanical and Electrical Equipment, Rasa Industry, etc. Global top five manufacturers hold a share over 50%.
China is the largest market, with a share about 45%, followed by North America, and Europe, both have a share about 26 percent.
In terms of product, Mud-Water Balancing Pipe Jacking Machine is the largest segment, with a share over 47%. And in terms of application, the largest application is Tap Water Industry, followed by Oil and Gas Industry, Traffic Tunnel, Others.
This report presents a comprehensive overview, market shares, and growth opportunities of Pipe Jacking Machine market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Earth Pressure Balancing Pipe Jacking Machine
Mud-Water Balancing Pipe Jacking Machine
Others
Segmentation by application
Tap Water Industry
Oil and Gas Industry
Traffic Tunnel
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Akkerman
mts Microtunneling Systems GmbH
Tangxing Machinery
Zhenjiang Hongyu Mechanical and Electrical Equipment
Rasa Industry
Herrenknecht Ag
China Railway Construction Heavy Industry
Realtop Heavy Industry
Spusen Machine
Yangzhou Guangxin Heavy Industry

Key Questions Addressed in this Report
What is the 10-year outlook for the global Pipe Jacking Machine market?
What factors are driving Pipe Jacking Machine market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Pipe Jacking Machine market opportunities vary by end market size?
How does Pipe Jacking Machine break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.