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Piling Machine Market Segments and Key Trends Analysis by 2024

The growth of the construction sector in various countries including India, China, Thailand, Saudi Arabia, UAE, Thailand and Malaysia in light of urbanization, population growth, and government infrastructure development initiatives is expected to promote the foundation activity. Rising wind farms are likely to augment industry growth over the next eight years. The Global Piling Machine Market is expected to reach USD 6.47 billion by 2024, according to a new report by Grand View Research, Inc. Increasing product usage in residential premises, commercial structures, manufacturing facilities, drilling platforms, mining bases, wind farms, solar power plants, and power transmission plants will propel industry growth over the forecast period. Moreover, rapid expansion in transport, water, energy, social infrastructure, hospitals, schools, government accommodation, defense infrastructure, and natural resources will create immense market potential over the forecast period. To Know More