PUBLISHER: Value Market Research | PRODUCT CODE: 1547439
PUBLISHER: Value Market Research | PRODUCT CODE: 1547439
The global demand for Screw Piles Market is presumed to reach the market size of nearly USD 1824.51 Million by 2032 from USD 1068.98 Million in 2023 with a CAGR of 6.12% under the study period 2024-2032.
Screw piles are ground anchoring systems used for building deep foundations. These are made of circular hollow steel sections with one or more helices attached to them. Screw piles are often referred to as screw piers, screw foundations, screw anchors, helical piles, helical piers, or helical anchors. It can be installed quickly with minimal noise and vibration, much like a screw. Once the screw pile has established the target depth, it remains permanently in place and is filled with concrete. It provides effective in-ground performance in a range of soils, including earthquake zones with liquefaction potential. Screw piles are made with high-strength steel using varying tubular hollow sections for the pile or anchors shaft.
Screw piles are experiencing extended use due to their benefits to construction due to the cost efficiencies, reduced environmental impact, less soil displacement, ease of installation, ease of access, and reduced carbon footprint. Screw piles are now installed in many constructions such as residential, rail, telecommunications, roads, and others. Expanding industrialization, urbanization, infrastructure renovation, population increases in emerging countries, the trend toward increased residential development, and investments in renewables and telecommunications will increase demand for screw piles. More lately, composite technology has been developed and patented for use in screw piles. Composite delivers significant benefits over steel in screw pile manufacture and installed performance. However, the high cost of the raw material and restriction Limitations on the installation due to geological factors will restrain the market growth.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of Screw Piles. The growth and trends of Screw Piles industry provide a holistic approach to this study.
This section of the Screw Piles market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
This section covers the regional outlook, which accentuates current and future demand for the Screw Piles market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Screw Piles market include Almita Piling Inc., Hubbell Incorporated, TorcSill Foundations LLC, Earth Contact Products, GoliathTech Corporation, Pier Tech Systems LLC, Supportworks Inc., Techno Metal Post Inc, Patriot Foundation Systems, Magnum Piering Inc. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
In case you have any custom requirements, do write to us. Our research team can offer a customized report as per your need.