Global Bored Piles Market Growth 2024-2030
Bored piles, also known as drilled shafts or drilled piles, are a type of deep foundation element used in construction to support heavy vertical loads. The process involves drilling a hole into the ground to the desired depth using specialized equipment such as a rotary drilling rig or auger. Once the hole is drilled, it is typically reinforced with steel reinforcement bars (rebar) and then filled with concrete to form a solid pile.
Bored piles are commonly used in projects requiring deep foundations, such as high-rise buildings, bridges, and industrial structures, where the soil conditions are unsuitable for shallow foundations or where high loads need to be transferred to deeper, more stable soil or rock layers. They offer advantages such as high load-bearing capacity, versatility in various soil conditions, and minimal disturbance to adjacent structures during installation.
Bored piles can be constructed with various diameters and lengths to meet specific project requirements, and they are often used in conjunction with other foundation elements to provide comprehensive support for complex structures.
The global Bored Piles market size is projected to grow from US$ million in 2024 to US$ million in 2030; it is expected to grow at a CAGR of % from 2024 to 2030.
ReportPrime's newest research report, the “Bored Piles Industry Forecast” looks at past sales and reviews total world Bored Piles sales in 2023, providing a comprehensive analysis by region and market sector of projected Bored Piles sales for 2024 through 2030.
This Insight Report provides a comprehensive analysis of the global Bored Piles landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity.
This report also analyzes the strategies of leading global companies with a focus on Bored Piles portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Bored Piles market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Bored Piles and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity.
United States market for Bored Piles is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
China market for Bored Piles is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Europe market for Bored Piles is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Global key Bored Piles players cover:
- SSAB
- Zekelman Industries
- ArcelorMittal
- Soletanche Bachy
- TREVI SPA
This report presents a comprehensive overview, market shares, and growth opportunities of Bored Piles market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
- Micro Piles
- Large Diameter Piles
Segmentation by Application:
- Roads
- Construction
- Docks
- Bridges
- Other
This report also splits the market by region:
- Americas
- United States
- Canada
- Mexico
- Brazil
- APAC
- China
- Japan
- Korea
- Southeast Asia
- India
- Australia
- Europe
- Germany
- France
- UK
- Italy
- Russia
- Middle East & Africa
- Egypt
- South Africa
- Israel
- Turkey
- GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
- SSAB
- Zekelman Industries
- ArcelorMittal
- Soletanche Bachy
- TREVI SPA
- DYWIDAG
- JD Fields & Company
- Nucor Skyline
- Helifix
- Minova
- Terratest
- MAGNUM
- Comercial de Sondeos sl
- Dextra Group
- ISCHEBECK GMBH
- Meever
- Terra Infrastructure
- Braxima Internacional
- Geolsa-LTM
- Intech Anchoring Systems
- DSI Underground
- IDEAL Foundation Systems
- Centrum Pile Ltd
- Van Elle
- GeoSolv Design / Build Inc
- ST Engineering Corporation
Key Questions Addressed in this Report:
- What is the 10-year outlook for the global Bored Piles market?
- What factors are driving Bored Piles market growth, globally and by region?
- Which technologies are poised for the fastest growth by market and region?
- How do Bored Piles market opportunities vary by end market size?
- How does Bored Piles break out by Type, by Application?
Frequently Asked Questions
- Global Market Players
- Geopolitical regions
- Consumer Insights
- Technological advancement
- Historic and Future Analysis of the Market