The global piling machine market size was valued at USD 5.08 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 3.6% from 2021 to 2028. Increasing urbanization in emerging countries, such as India, China, Brazil, and Mexico, is anticipated to augment the growth of the construction industry and fuel piling machine demand over the forecast period. The rising concerns over the effects of vibrations on the marine environment during piling operations have resulted in the enforcement of stringent regulatory norms in the U.K., Germany, the U.S., and New Zealand for the protection of the aquatic ecosystem. This is expected to result in the increasing demand for piling machines with lower vibrations.
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