The rapid installation of screw piles stands as a pivotal advantage, profoundly impacting construction projects. With their quick and efficient installation process, screw piles significantly contribute to time savings, expediting project timelines and ensuring faster completion. This speed is especially crucial in time-sensitive projects where delays can result in increased costs and missed deadlines. The efficiency of screw pile installation enhances project management and minimizes construction-related disruptions. As a cost-effective foundation solution, the swift installation of screw piles aligns with the economic considerations of builders and developers, making them a preferred choice for ensuring timely and budget-conscious project delivery.
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Data Bridge Market Research analyses the North America Screw Piles Market will grow at a CAGR of 3.9% during the forecast period of 2022 to 2029. The strong presence of the oil and gas industry in North America, especially in regions such as the U.S. and Canada, serves as a significant driver for the screw piles market.
Key Findings of the Study
Increasing urbanization and population growth in North America is expected to drive the market's growth rate
The surge in urbanization and population growth across North America is a pivotal driver for the screw piles market. As cities expand, construction activities intensify, demanding reliable and time-efficient foundation solutions. Screw piles emerge as a preferred choice due to their quick and efficient installation process, addressing the pressing time and space constraints prevalent in urban projects. Their adaptability to diverse soil conditions further enhances their appeal in rapidly growing urban areas, making them a crucial driver for the sustained growth of the North America screw piles market.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014-2019)
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Segments Covered
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Type (SS-RS Combinations Type Screw Piles, SS (Square Shaft) Type Screw Piles, RS (Round Shaft) Type Screw Piles, Helical Grouted Displacement Piles (HGD Piles), Others), Helices System (Single-Helices, Multiple-Helices), Installation Techniques (Compression And Tension, Compression Only, Tension Only), Fitting Techniques (Standard Bend, Reid Bar), Distribution Channel (E-Commerce, Specialty Stores, Third Party Distributors, Others), Application (Building And Construction, Utility, Railways, Roadway, Bridges, Agriculture, Marine, Others)
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Countries Covered
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U.S., Canada and Mexico in North America
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Market Players Covered
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Bauer AG (Germany), Piling Inc. (U.S.), Goliathtech Inc. (Canada), BC Helical Piles Ltd. (Canada), Inland Screw Piling. (Canada), Magnum Piering (U.S.), Franki Foundations (Belgium), Ideal Foundation Systems (U.S), Keller Management Services LLC (U.S.), Alberta Screw Piles Ltd. (Canada), Almita Piling Inc. (Canada), Roterra Piling Ltd. (Canada), HPS(Canada), Hubbell (U.S.) and Twister Piling Inc. (Canada)
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Data Points Covered in the Report
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In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and consumer behaviour.
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Segment Analysis:
The North America screw piles market is segmented on the basis of the type, helices system, installation techniques, fitting techniques, distribution channel, and application.
- On the basis of the type, the North America screw piles market is segmented into SS-RS combinations type screw piles, SS (square shaft) type screw piles, RS (round shaft) type screw piles, helical grouted displacement piles (HGD piles), and others
- On the basis of the helices system, the North America screw piles market is segmented into single-helices and multiple-helices
- On the basis of the installation techniques, the North America screw piles market is segmented into compression and tension, compression only, and tension only
- On the basis of the fitting techniques, the North America screw piles market is segmented into standard bend and reid bar
- On the basis of the distribution channel, the North America screw piles market is segmented into e-commerce, specialty stores, third party distributors, and others
- On the basis of the application, the North America screw piles market is segmented into building and construction, utility, railways, roadway, bridges, agriculture, marine and others
Major Players
Data Bridge Market Research recognizes the following companies as the major North America screw piles market players in North America screw piles market are Bauer AG (Germany), Piling Inc. (U.S.), Goliathtech Inc. (Canada), BC Helical Piles Ltd. (Canada), Inland Screw Piling. (Canada), Magnum Piering (U.S.), Franki Foundations (Belgium)
Market Developments
- In October 2023, PileTech announced the launch of its latest innovation to the construction industry. The company proudly launched a new line of helical screw piles specifically engineered for enhanced strength and durability. This strategic move underscores PileTech's commitment to staying at the forefront of technological advancements in foundation solutions. The stronger helical screw piles aim to provide construction projects with heightened stability, ensuring resilience in diverse soil conditions. PileTech's dedication to innovation reinforces its position as an industry leader and offers construction professionals a reliable and robust foundation for their evolving needs.
- In December 2020, Alberta Screw Piles Ltd. achieved a remarkable milestone by securing a pivotal role in the largest solar project in Canada, the Claresholm Solar Project. The construction project entailed the installation of an extensive system comprising 53,000 screw piles to support a staggering 477,000 solar modules. The successful completion of this project solidified the company's reputation as a reliable and efficient player in the construction industry and earned it recognition as a preferred contractor by government entities. This accomplishment significantly bolstered the company's standing in the competitive Canadia screw piles market, marking a key moment in its growth trajectory
Regional Analysis
Geographically, the countries covered in the North America screw piles market report are U.S., Canada and Mexico in North America.
As per Data Bridge Market Research analysis:
U.S. is estimated to be the fastest growing country in North America screw piles market in the forecast period 2022-2029
The U.S. is expected to dominate in the screw/helical piles market driven by the escalating adoption of these foundation solutions within the oil and gas industry. Recognized for their efficiency, cost-effectiveness, and adaptability, screw piles address the dynamic needs of the sector, providing a swift and reliable foundation option. The U.S. stands out as a leader in this trend, benefitting from the piles' ability to streamline installation processes, withstand challenging environments, and align with the nation's focus on infrastructure development, particularly in the energy sector. As the demand for innovative and effective foundation solutions continues to rise in the oil and gas industry, the U.S. market is poised to thrive due to the strategic advantages offered by screw/helical piles.
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