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Helical Pile in Oil and Gas Market

Helical Pile in Oil and Gas Market

Helical Pile in Oil and Gas Market Global Industry Assessment & Forecast

# Pages:

175

Base Year:

2021

Nov - 2021

Format:

Report Code:

VMR-2021-0288

Segments Covered
  • By Type Solid Square Shaft, Round Shaft Pipe, Square & Round Shaft Combo Pile, Grouted Square Shaft
  • By Application Oil and Gas Upstream, Oil and Gas Midstream, Oil and Gas Downstream
Snapshot
Forecast YearsForecast Years: 2021 - 2028
Historical YearsHistorical Years: 2016 - 2020
Revenue 2021Revenue 2021: 360.15 Million
Revenue 2028Revenue 2028: 449.19 Million
Revenue CAGRRevenue CAGR (2021 - 2028): 2.8
Fastest Growing Region Fastest Growing Region (2022 - 2028) Asia-Pacific
Customization Offered
  • Cross-segment Market Size and Analysis for Mentioned Segments
  • Additional Company Profiles (Upto 5 With No Cost)
  • Additional Countries (Apart From Mentioned Countries)
  • Country/Region-specific Report
  • Go To Market Strategy
  • Region Specific Market Dynamics
  • Region Level Market Share
  • Import Export Analysis
  • Production Analysis
  • Others Request Customization Speak To Analyst

Key Insights

The global Helical Pile in Oil and Gas market was valued at USD 360.15 Million in 2020 and is projected to reach USD 449.19 Million by 2028, growing at a CAGR of 2.8% from 2021 to 2028.

Years Parameters
Historical Data (Actual Data) 2016-2020
Base Year Data 2020
Current Year Date 2021
Projected year data 2021-2026
Annual Market Size (2028) 449.19 Million
Annual Market Size (2021)
CAGR (2021 - 2028) 2.8%

Definition And Overview

The HELI-PILES is used for the oil and gas industry - particularly in congested tight access regions or remote locations and add structural and economic value. Helical piles can be installed easily and removed, helical piles are engineered foundation solutions that decrease and eliminate the use of concrete.


The global Helical Pile in Oil and Gas market was valued at USD 360.15 Million in 2020 and is projected to reach USD 449.19 Million by 2028, growing at a CAGR of 2.8% from 2021 to 2028.

The global Helical Pile in Oil and Gas market is segmented into product, application, regions, and countries. The regional segmentation covers current and forecasts demand on the basis of North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. All the segments are analyzed on the basis of current and future trends. The report covers a complete evaluation of the market based on competition, drivers, restraints, opportunities, trends, and industry-authenticated data. The market is estimated from 2016 to 2020 and forecast from 2021 to 2028. 

Yearly Infographics 360.15 Million 449.19 Million

COVID-19 Impact Analysis

Outbreak of COVID-19 led various countries impose strict lockdown measures during the initial stages of the pandemic. Numerous companies from different verticals faced challenges due to remote work environments. As a result, companies from various sectors switched to online/virtual platforms to maintain a steady flow in their daily business activities. Impact of COVID-19 on the market demand is considered while estimating the current and forecast market size and growth trends for all the regions and countries.


The report provides a completely separate chapter for COVID-19 Impact Analysis. This chapter includes:

o   Impact Assessment of COVID-19 Pandemic

o   Pre & Post COVID-19 Market Size

o   Qualitative analysis on the short term & long term impact of COVID-19 on the market

o   The analysis provides foremost strategies adopted by competitors to minimize the impact of the pandemic on their business activities and scope for future developments.

Market Insights

The increase in applications of helical piles in the oil and gas industry is anticipated to augment the growth of the market over the forecast period.

The rise in technology advancements is expected to fuel the growth of the helical piles in the oil and gas market in the years to come.

The cost of raw materials is steadily increasing thus leading to a shift in the type of raw material usage which is reducing the growth for Helical Pile in Oil and Gas Market.

Global Helical Pile in Oil and Gas Market Report Scope

Parameter Details
Market Size Provided for Years 2016-2028
Base Year 2020
Historic Years 2016-2020
Forecast Years 2021-2028
Market Size Provided In Terms Of Revenue & Volume
Segments Covered Type, Application
Regions Covered North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
Countries Covered The U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, South East Asia, Brazil, Argentina, GCC Countries, and South Africa, among others
Companies Covered Ram Jack, Patriot Foundation Systems LLC, HELI-PILE, IDEAL, MPS - Civil Products Group, Empire Piers, Pier Tech Systems LLC, Helical Anchors Inc, Cantsink, Viking Helical Anchors, Hubbell Power Systems.
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, technology landscape, patent analysis, market attractiveness analysis by segments and Asia-Pacific, company market share analysis, and COVID-19 impact analysis

Market Segmentation

Type  Analysis: Preview

On the basis of Type, the market is segmented into Solid Square Shaft, Round Shaft Pipe, Square & Round Shaft Combo Pile, Grouted Square Shaft. Tank Wagons  held the highest share in 2020 and is expected to grow at a significant rate over the forecast period. This is attributed to the rising demand for the Tank Wagons in developing countries such as China and India. Digitalization in Asia Pacific region has led to a surge in the usage of technology in various business processes over the past few years. Rising adoption of online platforms across various sectors along with analytical solutions, IoT, AI, and Blockchain technology to gain a competitive advantage is also paving the way for the Helical Pile in Oil and Gas market growth.

Application Analysis: Preview

Based on Application, the market is segmented into Oil and Gas Upstream, Oil and Gas Midstream, Oil and Gas Downstream. Mining  held the largest share and is projected to grow at a notable CAGR over the coming years. Rising demand for Helical Pile in Oil and Gas  in various countries such as the U.S., Germany, China, India, and Japan, among others is likely to support the growth of the market. Numerous companies are focusing on investing heavily in this application to cater the end user requirements effectively.

Global Helical Pile in Oil and Gas Market: Type Segment Analysis

    • Solid Square Shaft
    • Round Shaft Pipe
    • Square & Round Shaft Combo Pile
    • Grouted Square Shaft

Global Helical Pile in Oil and Gas Market: Application Segment Analysis

    • Oil and Gas Upstream
    • Oil and Gas Midstream
    • Oil and Gas Downstream

Regional Analysis Preview

On the basis of region, the global Helical Pile in Oil and Gas market is divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia-Pacific region held a leading share of the global Helical Pile in Oil and Gas market in 2020. Some of the major countries contributing to the market growth are the U.S., U.K., Germany, France, China, India, Japan, and South Korea. China is considered as the most lucrative country for market players. This is attributed to the presence of major companies operating in the region.

Market Size, 2021 (USD Billion)
North America
Europe
Asia Pacific
South America
Middle East Africa

Global Helical Pile in Oil and Gas Market: Regional Analysis

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • France
    • Germany
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Rest of Latin America
  • Middle East and Africa
    • GCC Countries
    • South Africa
    • Rest of MEA

Competitive Landscape

The market comprises of numerous small, medium, and large sized players spread across various geographies. Some of the main competitors in the global Helical Pile in Oil and Gas market are Ram Jack, Patriot Foundation Systems LLC, HELI-PILE, IDEAL, MPS - Civil Products Group, Empire Piers, Pier Tech Systems LLC, Helical Anchors Inc, Cantsink, Viking Helical Anchors, Hubbell Power Systems.. The report covers company market share analysis which gives a comprehensive overview of the main competitors in the market. In addition, the report also covers major strategies adopted by market players such as new product launch, acquisitions & mergers, partnerships, collaborations & joint ventures, research & development, and regional expansion. The study also covers the product portfolio of major companies operating in the market.

Key Highlights – Global Helical Pile in Oil and Gas Market

  • Global Helical Pile in Oil and Gas Market is projected to reach USD 449.19 Million by 2028
  • Asia-Pacific held the highest share of the Helical Pile in Oil and Gas market
  • Tank Wagons held the largest share of the product segment in the Helical Pile in Oil and Gas market
  • Mining held the major share of the application segment in the Helical Pile in Oil and Gas market

FAQ
Frequently Asked Question
  • The global Helical Pile in Oil and Gas valued at 360.15 Million in 2020 and is expected to reach 449.19 Million in 2028 growing at a CAGR of 2.8%.

  • The prominent players in the market are Ram Jack, Patriot Foundation Systems LLC, HELI-PILE, IDEAL, MPS - Civil Products Group, Empire Piers, Pier Tech Systems LLC, Helical Anchors Inc, Cantsink, Viking Helical Anchors, Hubbell Power Systems..

  • The market is project to grow at a CAGR of 2.8% between 2021 and 2028.

  • The driving factors of the Helical Pile in Oil and Gas include

    • The increase in applications of helical piles in the oil and gas industry is anticipated to augment the growth of the market over the forecast period.
    • The rise in technology advancements is expected to fuel the growth of the helical piles in the oil and gas market in the years to come.

  • Asia-Pacific was the leading regional segment of the Helical Pile in Oil and Gas in 2020.