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Pipelayers Market Trends

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

Pipelayers Market Trends

Manufacturers of pipelayer equipment are integrating advanced technologies to enhance efficiency, safety, and productivity. Innovations include GPS and machine control systems for precise grading and positioning, telematics for remote monitoring and preventive maintenance, and improved ergonomics for operator comfort. Some models now feature hybrid or electric powertrains to reduce emissions and operating costs. These advancements are increasing the appeal of pipelayers to contractors and rental companies, driving market growth.
 

The pipelayers market is highly sensitive to economic fluctuations and market volatility, particularly in the oil and gas sectors. Fluctuating energy prices, geopolitical tensions, and evolving energy policies significantly impact pipeline construction and maintenance demand. This volatility complicates long-term planning and investment decisions for pipelaying companies. Economic downturns may lead to project cancellations or delays, affecting revenue streams and potentially causing financial strain. Additionally, the global shift towards renewable energy sources creates uncertainty about the long-term demand for traditional pipeline infrastructure.

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.

Pipelayers Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 20
  • Tables & Figures: 200
  • Countries covered: 21
  • Pages: 180
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