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Pipelayers Market Share

Report ID: GMI11895
Published Date: Oct 2024
Report Format: PDF

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Pipelayers Market Share

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Liebherr, HerrenKnecht, and John Deere collectively held a substantial market share of over 15% in the pipelayers industry in 2023. Liebherr prioritizes innovation and advanced technology in its pipelayer products. The company invests significantly in R&D to improve machine efficiency, fuel economy, and safety features. Liebherr offers a broad range of pipelayers and construction equipment, meeting diverse customer needs in sectors such as oil and gas, utilities, and civil engineering.

HerrenKnecht specializes in underground construction technology, focusing on advanced pipelayer systems for tunneling projects. This niche focus allows them to effectively target specific market segments. They provide customizable pipelaying solutions tailored to unique project requirements, enhancing their competitive advantage.

John Deere incorporates advanced technologies like telematics, machine learning, and automation in its pipelayers, improving operational efficiency and providing real-time data to users.

Pipelayers Market Companies

Major players operating in the Pipelayers industry are:

BEML
Bonatti
Brandt Group
Caterpillar
Herrenknecht
John Deere
Komatsu
Liebherr
MAATS
Volvo

Authors: Preeti Wadhwani, Aishwarya Ambekar

Frequently Asked Questions (FAQ) :

The global market for pipelayers was reached USD 3.8 billion in 2023 and is projected to grow at a 4.9% CAGR from 2024 to 2032, driven by infrastructure development in both developed and developing nations.

The general segment accounted for over 65% of the market share in 2023 and is expected to exceed USD 3.5 billion by 2032, due to growing environmental awareness and the push for sustainability.

The hydraulic segment is expected to exceed USD 4 billion by 2032, propelled by the adoption of electro-hydraulic systems that enhance precision and efficiency.

China accounted for over 45% share of the pipelayers market in 2023, driven by the Belt and Road Initiative and significant investments in expanding the domestic pipeline network.

Key players in the pipelayers market include BEML, Bonatti, Brandt Group, Caterpillar, Herrenknecht, John Deere, Komatsu, Liebherr, MAATS, and Volvo.