Report Code: A12218 | Nov 2023 | Pages: NA | ||
Tables: NA | Charts: NA |
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Pipelayer Market
Request Now !Pipelayers are used to create essential piping system at the groundwork phase of construction. These are used for sanitary sewers, drainage, storm sewers and waste water outlets. Major function of pipelayers is rollover protection structure, dash monitoring system, volt converters, and fingertip controls. Product link is the novel technology used for enhancing the overall efficiency, fuel saving, and avoidance of wear and tear of pipelayers. General and multifunctional are different types of pipelayers available in the market. Pipelayers are selected based on the weight and size of pipes because these factors can affect the efficiency of pipelayers. Multiple pipelayers are needed in order to hold a large section of pipes. Its end users are oil and gas industry, chemical industry, infrastructure and construction industry. Among the end users, oil and gas industry and chemical industry are the major consumer due to high dependency on effective piping system.
COVID-19 Impact analysis
Top Impacting Factors
Rise in investment in infrastructure and oil & gas industry is the key driver that boosts the growth of the pipelayers market. Rapid urbanization increases construction activities for residential and commercial buildings. Smart city projects initiated by governments are expected to foster the market growth. Rise in demand for natural gas for various uses is another driving factor for the market growth. Lack of standardization, which may lead to defect in working system such as leaks, which may result in entire system failure limits the growth of the market.
Market Trends
Key Benefits of the Report
Pipelayer Market Report Highlights
Aspects | Details |
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By Type |
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By End Users |
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Key Market Players | Midwestern Manufacturing and Pipe Line Products, Liebherr Group, Volvo Group, Herrenknecht AG, Euro Pipeline Equipment, Caterpillar Inc., Komatsu Construction, Inter-Drain, SANY Group, SCAIP, John Deere |
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