Pipe Jacking Machine Market Overview:
As per MRFR analysis, the Pipe Jacking Machine Market Size was estimated at 8.35 (USD Billion) in 2022. The Pipe Jacking Machine Market Industry is expected to grow from 8.78(USD Billion) in 2023 to 13.7 (USD Billion) by 2032. The Pipe Jacking Machine Market CAGR (growth rate) is expected to be around 5.07% during the forecast period (2024 - 2032).
Key Pipe Jacking Machine Market Trends Highlighted
Key market drivers for the Pipe Jacking Machine Market include the increasing demand for underground infrastructure development, particularly in urban areas, and the need to replace aging infrastructure. Additionally, the use of pipe jacking techniques for trenchless construction is gaining popularity due to its efficiency, cost-effectiveness, and reduced environmental impact.
Opportunities for growth in the Pipe Jacking Machine Market lie in the expansion of construction activities in emerging economies, the rising adoption of sustainable construction practices, and the development of new technologies that enhance machine capabilities. Trends in recent times include the integration of advanced sensors and automation systems for improved accuracy and safety, as well as the development of compact and versatile machines for use in confined spaces. By addressing these trends and capitalizing on emerging opportunities, market participants can position themselves for success in the evolving Pipe Jacking Machine Market.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Pipe Jacking Machine Market Drivers
Growing Infrastructure Development
One of the trends that have been rising in the Global Pipe Jacking Machine Market Industry is the increasing demand for new infrastructure projects. Pipe jacking is a trenchless construction process that allows one to install an underground pipeline without disturbing the surface. This technique has become increasingly popular due to its many benefits over traditional open-cut methods, including but not limited to reduced impact on the environment, lower cost, and faster construction. Therefore, the ongoing infrastructure development will influence the need for pipe-jacking machines in the years to come.
Increasing Urbanization
The increasing urbanization is another major factor driving the growth of the Global Pipe Jacking Machine Market Industry. As the population of cities grows, so does the demand for new infrastructure to support the growing population. This includes the need for new water and sewer lines, which are often installed using pipe jacking machines. In addition, the increasing urbanization is also leading to the development of new underground spaces, such as subways and underground parking garages, which also require the use of pipe jacking machines.
Aging Infrastructure
The aging infrastructure in many developed countries is also driving the demand for pipe jacking machines. As these pipelines deteriorate, they need to be replaced or repaired. Pipe jacking is a cost-effective and efficient way to replace or repair aging pipelines without disrupting the surface. As a result, the aging infrastructure is expected to continue to drive the demand for pipe jacking machines in the coming years.
Pipe Jacking Machine Market Segment Insights:
Pipe Jacking Machine Market Pipe Diameter Insights
The Pipe Diameter segment is a crucial aspect of the Global Pipe Jacking Machine Market, influencing the market dynamics and growth trajectory. This segment categorizes the market based on the diameter of the pipe used in pipe jacking operations. The market is segmented into five sub-segments: ' 1.2 m', '1.2–2.5 m', '2.5–4 m', '4–8 m', and '> 8 m'. The sub-segment ' 1.2 m' holds a significant market share due to its wide application in small-scale and residential projects, where pipes of smaller diameters are typically used. It is projected to maintain steady growth as urban development and infrastructure projects increase.The '1.2–2.5 m' sub-segment is expected to witness substantial growth driven by its usage in medium-scale construction and infrastructure projects, such as sewer and water pipelines. Its adaptability to a range of soil conditions makes it a preferred choice for various applications. The '2.5–4 m' sub-segment caters to large-scale infrastructure projects, including transportation tunnels and underground utilities. Its ability to handle larger pipe diameters enables efficient and cost-effective construction in urban and industrial areas. The '4–8 m' sub-segment is expected to experience moderate growth due to its application in specialized projects, such as deep tunnels and river crossings.It is often used in challenging geological conditions and requires specialized equipment and expertise. The '> 8 m' sub-segment represents a niche market, primarily used in exceptional projects involving extremely large-diameter pipes. Its demand is limited to specific applications, such as major infrastructure developments and deep-sea pipelines. Overall, the Pipe Diameter segment offers insights into the diverse applications of pipe jacking machines and their suitability for projects of varying scales and complexities. Understanding the market share, growth potential, and application areas of each sub-segment enables stakeholders to make informed decisions and cater to specific market needs.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Pipe Jacking Machine Market Application Insights
The Global Pipe Jacking Machine Market is segmented by application into Water and Sewer, Transportation, Power and Energy, and Others. The Water and Sewer segment is expected to account for the largest share of the market in 2023, and is projected to continue to grow at a CAGR of 5.2% during the forecast period. This growth is attributed to the increasing demand for pipe jacking machines for the construction and rehabilitation of water and sewer pipelines. The Transportation segment is expected to be the second largest segment in 2023, and is projected to grow at a CAGR of 4.8% during the forecast period.This growth is driven by the increasing demand for pipe jacking machines for the construction of tunnels and underpasses. The Power and Energy segment is expected to be the third largest segment in 2023, and is projected to grow at a CAGR of 4.5% during the forecast period. This growth is attributed to the increasing demand for pipe jacking machines for the construction of pipelines for the transmission and distribution of electricity and gas. The Others segment includes applications such as mining, telecommunications, and industrial construction. This segment is expected to grow at a CAGR of 4.3% during the forecast period.
Pipe Jacking Machine Market Drive Mechanism Insights
The Drive Mechanism segment of the Global Pipe Jacking Machine Market is classified into Hydraulic, Electrical, and Pneumatic. Hydraulic drive mechanisms dominated the market in 2023, accounting for a 55% revenue share. This dominance is attributed to their ability to provide high power density and torque, making them suitable for large-diameter pipe jacking projects. Electrical drive mechanisms are expected to witness significant growth during the forecast period, owing to their energy efficiency and reduced maintenance requirements. Pneumatic drive mechanisms, on the other hand, are anticipated to account for a smaller market share due to their limited power and torque capabilities.
Pipe Jacking Machine Market Thrust Capacity Insights
The thrust capacity segment of the Global Pipe Jacking Machine Market is expected to witness significant growth in the coming years. The increasing demand for trenchless technologies for the installation and replacement of underground pipelines is driving the growth of this segment.
The ' 2000 kN' thrust capacity segment is expected to hold a significant market share in 2023, owing to its wide applicability in small-diameter pipeline projects. The '2000–5000 kN' and '5000–10000 kN' thrust capacity segments are also expected to register notable growth, driven by the increasing demand for these machines in medium-diameter pipeline projects. The '> 10000 kN' thrust capacity segment is expected to witness the highest growth rate during the forecast period, owing to the growing adoption of these machines in large-diameter pipeline projects.
Pipe Jacking Machine Market Guidance System Insights
The Global Pipe Jacking Machine Market segmentation by Guidance System, the market is segmented into Laser Guided, Inertial Guided, GPS Guided, and Manual Guided. Among these, the Laser Guided segment is expected to hold the largest market share of around 40% by 2026. The growth of this segment can be attributed to the increasing adoption of laser-guided systems for pipe jacking projects due to their high accuracy and precision. Inertial Guided systems are expected to witness a significant growth rate during the forecast period due to their ability to provide continuous and accurate navigation data even in challenging environments.GPS-guided systems are also gaining popularity due to their ability to provide real-time positioning data. However, manual-guided systems are expected to lose market share due to the increasing adoption of automated and semi-automated pipe jacking machines.
Pipe Jacking Machine Market Regional Insights
The Regional segment provides insights into the geographic distribution of the Global Pipe Jacking Machine Market. In 2023, North America held the largest market share, followed by Europe, APAC, South America, and MEA.
APAC is expected to experience the highest growth rate during the forecast period, owing to the increasing demand for infrastructure development in emerging economies such as China, India, and Southeast Asia. Europe is anticipated to maintain a significant market share due to the presence of well-established construction and mining industries.South America and MEA offer growth opportunities for pipe-jacking machines driven by urbanization and government investments in infrastructure projects.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Pipe Jacking Machine Market Key Players And Competitive Insights:
Major players in the Pipe Jacking Machine Market are constantly striving to gain a competitive edge by introducing innovative technologies and expanding their product portfolio. Leading Pipe Jacking Machine Market players are focused on developing advanced machines with enhanced capabilities, such as increased thrust force, longer pipe lengths, and improved accuracy. They are also investing in research and development to improve the efficiency and safety of their machines. The Pipe Jacking Machine Market industry is characterized by intense competition, with companies vying for market share through strategic partnerships, acquisitions, and mergers. Key players are also focusing on expanding their global footprint and establishing a strong presence in emerging markets.A leading company in the Pipe Jacking Machine Market industry is Herrenknecht AG. The company is known for its innovative and technologically advanced pipe jacking machines, which are used in a wide range of infrastructure projects worldwide. Herrenknecht AG has a strong global presence, with operations in over 120 countries. The company is committed to providing its customers with high-quality machines and services, and it has a dedicated team of engineers and technicians who are available to provide support and training.A competitor of Herrenknecht AG in the Pipe Jacking Machine Market is Terratec GmbH. The company is based in Germany and has a long history of manufacturing and developing pipe jacking machines. Terratec GmbH is known for its reliable and durable machines, which are used in a variety of applications, including underground construction, pipeline installation, and tunnel boring. The company has a strong focus on innovation, and it is constantly developing new technologies to improve the performance and efficiency of its machines.
Key Companies in the Pipe Jacking Machine Market Include:
- General Equipment Company
- Hayes Pump Filter
- American Augers
- Finn Corp
- Consolidated Equipment Supplies
- Fecon
- Auger Torque
- Herrenknecht AG
- Hannay Reels
- Eagle Crusher Company
- Akkerman
- Envirosight
- Ditch Witch
- Ditch Witch of Oklahoma
- Cifa S.p.A.
Pipe Jacking Machine Market Industry Developments
The global pipe jacking machine market is anticipated to witness steady growth from 2023 to 2032. Factors driving this growth include increasing demand for trenchless construction methods, rising investments in infrastructure development, and growing urbanization. The market is expected to be valued at USD 8.78 billion in 2023 and is projected to reach USD 13.7 billion by 2032, exhibiting a CAGR of 5.07%. Asia-Pacific is anticipated to dominate the market throughout the forecast period due to rapid industrialization and infrastructure development. Key players operating in the market include Herrenknecht AG, Cifa SPA, and Akkerman Engineering B.V. Recent developments include the launch of new products, such as the Herrenknecht AVN2000 Allrounder, which offers high efficiency and precision.
Pipe Jacking Machine Market Segmentation Insights
- Pipe Jacking Machine Market Pipe Diameter Outlook
- 2 m
- 2–2.5 m
- 5–4 m
- 4–8 m
- > 8 m
- Pipe Jacking Machine Market Application Outlook
- Water and Sewer
- Transportation
- Power and Energy
- Others
- Pipe Jacking Machine Market Drive Mechanism Outlook
- Hydraulic
- Electrical
- Pneumatic
- Pipe Jacking Machine Market Thrust Capacity Outlook
- 2000 kN
- 2000–5000 kN
- 5000–10000 kN
- > 10000 kN
- Pipe Jacking Machine Market Guidance System Outlook
- Laser Guided
- Inertial Guided
- GPS Guided
- Manual Guided
- Pipe Jacking Machine Market Regional Outlook
- North America
- Europe
- South America
- Asia Pacific
- Middle East and Africa
Report Attribute/Metric |
Details |
Market Size 2022 |
8.35(USD Billion) |
Market Size 2023 |
8.78(USD Billion) |
Market Size 2032 |
13.7(USD Billion) |
Compound Annual Growth Rate (CAGR) |
5.07% (2024 - 2032) |
Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
Base Year |
2023 |
Market Forecast Period |
2024 - 2032 |
Historical Data |
2019 - 2023 |
Market Forecast Units |
USD Billion |
Key Companies Profiled |
General Equipment Company, Hayes Pump Filter, American Augers, Finn Corp, Consolidated Equipment Supplies, Fecon, Auger Torque, Herrenknecht AG, Hannay Reels, Eagle Crusher Company, Akkerman, Envirosight, Ditch Witch, Ditch Witch of Oklahoma, Cifa S.p.A. |
Segments Covered |
Pipe Diameter, Application, Drive Mechanism, Thrust Capacity, Guidance System, Regional |
Key Market Opportunities |
Increasing urbanization, aging infrastructure, technological advancements, growing emphasis on trenchless construction techniques, and rising demand for underground utilities |
Key Market Dynamics |
Rising infrastructure spending, increasing urbanization, growing demand for trenchless technologies, favorable government policies, and technological advancements. |
Countries Covered |
North America, Europe, APAC, South America, MEA |
Frequently Asked Questions (FAQ) :
The global Pipe Jacking Machine market is expected to reach a valuation of USD 8.78 billion in 2023 and is projected to grow at a CAGR of 5.07% from 2024 to 2032, reaching USD 13.7 billion by 2032.
North America and Europe are the dominant regions in the Pipe Jacking Machine market, collectively accounting for over 60% of the global market share.
Pipe Jacking Machines are primarily used for the installation of underground pipelines for various applications, including water supply, wastewater management, gas distribution, and power transmission.
Some of the key players in the Pipe Jacking Machine market include Herrenknecht AG, Robbins Company, Komatsu Ltd., Mitsubishi Heavy Industries Ltd., and China Railway Construction Heavy Industry Corporation Limited.
The increasing demand for underground infrastructure, urbanization, and the need for efficient and cost-effective pipeline installation methods are driving the growth of the Pipe Jacking Machine market.
The high cost of Pipe Jacking Machines, skilled labor requirements, and geological challenges can pose challenges to the growth of the market.
The adoption of advanced technologies such as automation, remote monitoring, and data analytics is shaping the latest trends in the Pipe Jacking Machine market.
The global Pipe Jacking Machine market is projected to grow at a CAGR of 5.07% from 2024 to 2032.