PUBLISHER: Grand View Research | PRODUCT CODE: 1529771
PUBLISHER: Grand View Research | PRODUCT CODE: 1529771
U.S. Trench Shoring Equipment Market Size, Share & Trends Analysis Report By Type (Trench Shields, Hydraulic Shores), By Application (Pipeline Installation), By Region (Southwest), And Segment Forecasts, 2024 - 2030
U.S. Trench Shoring Equipment Market Growth & Trends:
The U.S. trench shoring equipment market size is anticipated to reach USD 677.0 million by 2030, registering a CAGR of 5.8% from 2024 to 2030, according to a new report by Grand View Research, Inc. A growing emphasis on worker safety in construction has led to stricter regulations and a focus on preventative measures. Trench shoring equipment is a highly effective solution, preventing trench collapses and ensuring worker safety during excavation work. The U.S. construction industry is experiencing robust growth, driven by urbanization and infrastructure development. Construction is a significant contributor to the U.S. economy. According to The Associated General Contractors (AGC) of America, Inc., there were over 919,000 construction establishments in the country in the first quarter of 2023.
The U.S. Census Bureau reported an approximate 10% increase in construction spending from 2023 to 2024. This growth has increased the demand for trench-shoring solutions across the country. Trench shoring is critical in ensuring the safety and efficiency of excavation and trenching activities. It involves using supportive systems, such as hydraulic shores, road plates, and trench boxes, to prevent soil cave-ins and provide a stable and safe environment for workers and equipment during underground construction. The market is experiencing growth, largely influenced by the stringent safety regulations governing construction practices. These regulations shape industry standards and practices, particularly excavation and trenching activities.
The U.S. Department of Labor's Occupational Safety and Health Administration (OSHA) mandates that employers comply with trenching requirements laid out by the organization. This is a key factor contributing to the market growth. The OSHA standard here refers to 29 CFR* 1926 Subpart P. Moreover, safety-conscious practices promoted by companies contribute to a culture of awareness and training within the construction industry. Workers receive training on proper trench shoring procedures, hazard recognition, and emergency response protocols. For instance, Trench Shoring Company offers trench shoring training under the name TRENCH SHORING UNIVERSITY, a part of the company. This knowledge enhances on-site safety and promotes effective utilization and maintenance of trench shoring equipment, prolonging its lifespan and reducing operational costs for contractors, subsequently driving the market.
Manufacturers are adopting several strategies, such as acquisitions, mergers, new product launches, and geographical expansion, to increase their market share and cater to changing technological demands. For instance, in April 2024, Pacific Shoring acquired EZE Shore, Ltd., a UK-based company. In the European market, EZE Shore, Ltd. was known for introducing a robust, lightweight, completely composite trench shoring system for trench depths up to eight feet. As part of this new transaction, Pacific Shoring also acquired the current patent rights in the U.S. and Europe. This acquisition is anticipated to help the company develop new products and position itself as an innovator in the U.S. trench shoring equipment market.
U.S. Trench Shoring Equipment Market Report Highlights:
- The trench shields type segment held the largest share in 2023 These can be easily adjusted to fit the trench dimensions and can be used in combination with other safety measures, such as sloping and benching. For instance, ESC trench shields offer a comprehensive size matrix with close dimensional increments, allowing for easy and economical selection of the appropriate configuration to match the trench dimensions and equipment requirements
- Manhole boxes are specialized trench shoring equipment designed to support trenches and provide a safe working environment during excavation and construction projects. They are used to construct manhole chambers and install pre-cast manhole rings, offering several benefits over traditional trenching methods
- In sewer and drainage line installations, trench shoring equipment is used to ensure the stability of the trench and prevent accidents. For instance, trench shields or trench boxes are used to support the trench walls and prevent collapse, while hydraulic shores are used to provide additional support and stability. Trench shoring equipment is also used to facilitate the installation of pipes and other infrastructure, such as manhole covers and catch basins. In deeper trenches, trench shields are used to provide additional support and stability, ensuring the safety of workers and the integrity of the installation
- The southeast region segment held the largest share of the market in 2023. The increasing installation of natural gas pipelines in the Southeast U.S. is driving the demand for trench shoring equipment due to the region's rising focus on energy infrastructure development. The construction of natural gas pipelines requires extensive excavation, wherein the use of trench shoring equipment is critical to prevent soil collapse and ensure the safety of workers
- In July 2023, ESC Group launched its latest trench-shoring equipment product line, which offers aluminum sheet piles and trench shields. Furthermore, the company's product portfolio has been increased by the introduction of ABX Series - an aluminum trench shield (known as trench box) developed by its core engineering team. This new product launch helped the company diversify its trench-shoring product offering in the U.S.
Table of Contents
Chapter 1 Methodology and Scope
- 1.1 Market Segmentation & Scope
- 1.2 Market Definitions
- 1.3 Research Methodology
- 1.4 Information Procurement
- 1.4.1 Purchased Database
- 1.4.2 GVR's Internal Database
- 1.4.3 Secondary Sources
- 1.4.4 Third Party Perspective
- 1.4.5 Information analysis
- 1.5 Information Analysis
- 1.5.1 Data Analysis Models
- 1.5.2 Market formulation & data visualization
- 1.5.3 Data validation & publishing
- 1.6 Research Scope and Assumptions
- 1.6.1 List to data sources
Chapter 2 Executive Summary
- 2.1 Market Snapshot
- 2.2 Type & Application Segment Snapshot
- 2.3 Competitive Landscape Snapshot
Chapter 3 U.S. Trench Shoring Equipment Market: Variables, Trends & Scope
- 3.1 Concentration and Growth Prospect Mapping
- 3.2 Industry Value Chain Analysis
- 3.2.1 Raw material & component outlook
- 3.2.2 Manufacturer outlook
- 3.2.3 Distribution outlook
- 3.2.4 End user outlook
- 3.3 Regulatory Framework
- 3.3.1 U.S. Regulations
- 3.4 Market Dynamics
- 3.4.1 Market driver analysis
- 3.4.2 Market restraint analysis
- 3.4.3 Market opportunity analysis
- 3.5 Competitive Pricing Analysis
- 3.6 Economic Mega Trends
- 3.6.1 COVID-19 Impact on U.S. trench shoring equipment market
- 3.6.2 Russia-Ukraine war impact on U.S. trench shoring equipment market
- 3.7 Industry Analysis Tools
- 3.7.1 Porter's analysis
- 3.7.2 Macroeconomic analysis
Chapter 4 U.S. Trench Shoring Equipment Market: Type Estimates & Trend Analysis
- 4.1 U.S. Trench Shoring Equipment Market: Type Outlook
- 4.2 U.S. Trench Shoring Equipment Market: Type Movement Analysis & Market Share, 2023 & 2030
- 4.3 U.S. Trench Shoring Equipment Market Estimates & Forecasts, By Type, 2018 - 2030 (USD Million)
- 4.3.1 Trench Shields
- 4.3.2 Manhole Boxes
- 4.3.3 Road Plates
- 4.3.4 Slide Rails
- 4.3.6 Other types
Chapter 5 U.S. Trench Shoring Equipment Market: Application Estimates & Trend Analysis
- 5.1 U.S. Trench Shoring Equipment Market: Application Outlook
- 5.2 U.S. Trench Shoring Equipment Market: Application Movement Analysis & Market Share, 2023 & 2030
- 5.3 U.S. Trench Shoring Equipment Market Estimates & Forecasts, By Application, 2018 - 2030 (USD Million)
- 5.3.1 Sewer and Drainage Line Installation
- 5.3.2 Pipeline Installation
- 5.3.3 Utility Line Installation
- 5.3.5 Other applications
Chapter 6 U.S. Trench Shoring Equipment Market: Region Estimates & Trend Analysis
- 6.1 Northeast
- 6.1.1 Northeast Trench Shoring Equipment Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 6.2 Southeast
- 6.2.1 Southeast Trench Shoring Equipment Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 6.3 Midwest
- 6.3.1 Midwest Trench Shoring Equipment Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 6.4 Southwest
- 6.4.1 Southwest Trench Shoring Equipment Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 6.5 West
- 6.5.1 West Trench Shoring Equipment Market Estimates & Forecasts, 2018 - 2030 (USD Million)
Chapter 7 U.S. Trench Shoring Equipment Market: Competitive Landscape
- 7.1 Recent Developments & Impact Analysis, By Key Market Participants
- 7.2 Vendor Landscape
- 7.2.1 List Of Consumers
- 7.3 Company/Competition Categorization
- 7.3.1 Trench Shoring Company
- 7.3.2 TrenchTech, Inc.
- 7.3.2 Speed Shore Corporation
- 7.3.3 Pinnacle Manufacturing, LLC
- 7.3.4 Pacific Shoring
- 7.3.5 ESC Group
- 7.3.6 CONQUIP
- 7.3.7 Arcosa, Inc.
- 7.3.8 Kundel Industries Inc.
- 7.3.9 Cerda Industries
- 7.4 Company Market Positioning
- 7.5 Participant's Overview
- 7.6 Financial Performance
- 7.6.1 Public Companies
- 7.6.2 Private Companies
- 7.7 Product Benchmarking
- 7.8 Company Market Share Analysis, 2023
- 7.9 Company Dashboard Analysis
- 7.10 Company Heat Map Analysis
- 7.11 Strategy Mapping
- 7.11.1 Mergers & Acquisitions
- 7.11.2 Expansions
- 7.11.3 New Product Launches
List of Tables
- Table 1 U.S. Trench Shoring Equipment Market Estimates and Forecasts, By Type, 2018 - 2030 (USD Million)
- Table 2 U.S. Trench Shoring Equipment Market Estimates and Forecasts, By Application, 2018 - 2030 (USD Million)
- Table 3 Recent Developments & Impact Analysis, By Key Market Participants
- Table 4 Company Heat Map Analysis, 2023
- Table 5 Key Companies : Mergers & Acquisitions
- Table 6 Key Companies: Expansions
- Table 7 Key Companies: New Product Launches
List of Figures
- Fig. 1 Market Segmentation & Scope
- Fig. 2 Information Procurement
- Fig. 3 Data Analysis Models
- Fig. 4 Market Formulation And Validation
- Fig. 5 Data Validating & Publishing
- Fig. 6 Market Snapshot
- Fig. 7 Type & Application Segment Snapshot
- Fig. 8 Competitive Landscape Snapshot
- Fig. 9 Concentration & Growth Prospect Mapping
- Fig. 10 Industry Value Chain Analysis
- Fig. 11 U.S. Trench Shoring Equipment: Market Dynamics
- Fig. 12 Total Public Construction Spending In The U.S., 2019 - 2023 (USD Trillion)
- Fig. 13 U.S. Trench Shoring Equipment Market: PORTER's Analysis
- Fig. 14 U.S. Trench Shoring Equipment Market: PESTEL Analysis
- Fig. 15 U.S. Trench Shoring Equipment Market, By Type : Key Takeaways
- Fig. 16 U.S. Trench Shoring Equipment Market: Type Movement Analysis & Market Share, 2023 & 2030
- Fig. 17 U.S. Trench Shoring Equipment Market Estimates & Forecasts, By Trench Shields, 2018 - 2030 (USD Million)
- Fig. 18 U.S. Trench Shoring Equipment Market Estimates & Forecasts, By Manhole Boxes, 2018 - 2030 (USD Million)
- Fig. 19 U.S. Trench Shoring Equipment Market Estimates & Forecasts, By Road Plates, 2018 - 2030 (USD Million)
- Fig. 20 U.S. Trench Shoring Equipment Market Estimates & Forecasts, By Slide Rails, 2018 - 2030 (USD Million)
- Fig. 21 U.S. Trench Shoring Equipment Market Estimates & Forecasts, By Hydraulic Shores, 2018 - 2030 (USD Million)
- Fig. 22 U.S. Trench Shoring Equipment Market Estimates & Forecasts, By Other Types, 2018 - 2030 (USD Million)
- Fig. 23 U.S. Trench Shoring Equipment Market, By Application: Key Takeaways
- Fig. 24 U.S. Trench Shoring Equipment Market: Application Movement Analysis & Market Share, 2023 & 2030
- Fig. 25 U.S. Trench Shoring Equipment Market Estimates & Forecasts, In Sewer and Drainage Line Installation, 2018 - 2030 (USD Million)
- Fig. 26 U.S. Trench Shoring Equipment Market Estimates & Forecasts, In Pipeline Installation, 2018 - 2030 (USD Million)
- Fig. 27 U.S. Trench Shoring Equipment Market Estimates & Forecasts, In Utility Line Installation, 2018 - 2030 (USD Million)
- Fig. 28 U.S. Trench Shoring Equipment Market Estimates & Forecasts, In Transport Infrastructure, 2018 - 2030 (USD Million)
- Fig. 29 U.S. Trench Shoring Equipment Market Estimates & Forecasts, In Other Applications, 2018 - 2030 (USD Million)
- Fig. 30 Northeast Trench Shoring Equipment Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 31 Southeast Trench Shoring Equipment Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 32 Midwest Trench Shoring Equipment Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 33 Southwest Trench Shoring Equipment Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 34 West Trench Shoring Equipment Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 35 Company/Competition Categorization
- Fig. 36 Company Market Positioning
- Fig. 37 Company Market Share Analysis, 2023
- Fig. 38 Company Dashboard Analysis
- Fig. 39 Strategic Framework
