Global Pipe Jacking Service Market Growth (Status and Outlook) 2023-2029

Global Pipe Jacking Service Market Growth (Status and Outlook) 2023-2029

Pipe jacking, generally referred to in the smaller diameters as microtunnelling, is a technique for installing underground pipelines, ducts and culverts. Powerful hydraulic jacks are used to push specially designed pipes through the ground behind a shield at the same time as excavation is taking place within the shield. The method provides a flexible, structural, watertight, finished pipeline as the tunnel is excavated.
LPI (LP Information)' newest research report, the “Pipe Jacking Service Industry Forecast” looks at past sales and reviews total world Pipe Jacking Service sales in 2022, providing a comprehensive analysis by region and market sector of projected Pipe Jacking Service sales for 2023 through 2029. With Pipe Jacking Service sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Pipe Jacking Service industry.
This Insight Report provides a comprehensive analysis of the global Pipe Jacking Service 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 Service portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Pipe Jacking Service market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Pipe Jacking Service 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 Service.
The global Pipe Jacking Service market size is projected to grow from US$ 27920 million in 2022 to US$ 51160 million in 2029; it is expected to grow at a CAGR of 9.0% from 2023 to 2029.
Global key pipe jacking service participants include China Communications Construction Company, Royal BAM Group, VINCI Construction etc. The top 3 companies hold a share about 2.5%. North America is the largest market, with a share about 35%, followed by Asia-Pacific and Europe with the share about 32% and 24%. And in terms of application, the largest application is water and wastewater, followed by electricity and telecom and oil and gas.
This report presents a comprehensive overview, market shares, and growth opportunities of Pipe Jacking Service market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
Below DN1000mm
DN1000mm-DN2000mm
Above DN2000mm
Segmentation by application
Water and Wastewater
Oil and Gas
Electricity and Telecom
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.
Royal BAM Group
VINCI Construction
Hochtief
Skanska
China Communications Construction Company
Primoris Services Corporation
Morgan Sindall
Murphy
McConnell Dowell (Aveng)
Barhale
Ward and Burke
Bothar
Donegan Civil Engineering
Active Tunnelling
A E Yates Group
Esor
Electra Group
Rimon Group
EJM Pipe Services

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