About Industrial Pipe Jacks
Pipe jacking, also known as micro tunneling in smaller diameters, is a method of building underground pipes, ducts, and culverts. Around the same time as drilling is taking place inside the shield, powerful hydraulic jacks are used to drive specially built pipes into the earth behind the shield. When the tube is excavated, the process produces a versatile, structural, watertight finished pipeline. Individual pipe jacks have no theoretical length limit, but realistic engineering considerations and economics can place limitations. The advancements in oil and gas along with the chemical industry have resulted in a higher demand for industrial pipe jacks which are used for adjusting, positioning, and lifting pipes in the industry.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 3.6% |
Industrial Pipe Jacks is growing amid the increasing requirement of pipelines in various industries. The players in this market are mostly private limited companies. A good reputation is necessary for this market as the huge economic cost is associated with the pipe jacking. Pipe jack is generally sold with the other tools which the company might sell to the project. Reliability and longevity of pipe jack are critical factors for success in this market Analyst at AMA Research estimates that Global Vendors will contribute the maximum growth to Global Industrial Pipe Jacks market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
B&B Pipe and Industrial Tools (United States), Reed Manufacturing Company (United States), Sumner Manufacturing Co., LLC (United States), MIDCO Manufacturing (United States), TENAQUIP Limited (Canada), Anchorage Group (United States), ROTHENBERGER (Slovakia) and Keystone Energy Tools LLC (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are SCN Industrial (Canada), Alruqee Group (Saudi Arabia) and Sumner Manufacturing (United States).
Segmentation Overview
AMA Research has segmented the market of Global Industrial Pipe Jacks market by Type (Fixed Leg, Folding Leg, Uno Pipe Jack and Rolling Leg Pipe Jack), Application (Sewer and Drainage Construction, Gas and Water Mains, Telecommunications, Pedestrian Subway and Other) and Region.
On the basis of geography, the market of Industrial Pipe Jacks has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Head, the sub-segment i.e. V Head will boost the Industrial Pipe Jacks market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Industry Verticals, the sub-segment i.e. Oil and Gas will boost the Industrial Pipe Jacks market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Growing Demand for Customised Industrial Pipe Jacks
Market Growth Drivers:
Increasing demand for Industrial Pipe Jacks for Sewer and Drainage Construction and Growing demand for Industrial Pipe Jacks for Oil Pipelines
Challenges:
Uneven Distribution of Jacking Force Can Lead to Failure of Operation
Restraints:
Unstable Soil in The Pipe Jacking Can Create Risk of Face Collapse
Opportunities:
Growing Research on The Industrial Pipe Jacks and Increasing Manufacturing Activities in Developing Nations
Market Leaders and their expansionary development strategies
In September 2020, AFC Industries, has acquired Master Distribution. Master is a value-added distributor of channel and pipe fittings as well as related fasteners and accessories such as nuts, clamps, screws, washers, bolts, brackets and post bases.
In July 2023, ArcelorMittal announces the launch of new, low carbon-emissions steel tubes; This new solution, made of XCarb recycled and renewably produced steel, has up to 75% less CO2 equivalent - one of the highest CO2 emissions reductions rates in the steel tube industry. Using XCarb recycled and renewably produced steel tubes allows customers to reduce the global CO2 footprint of their projects, products, and finished goods to meet their own decarbonisation targets and align with the Paris climate goals and the European Green Deal.
Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Industrial Pipe Jacks Manufacturers, Suppliers, and Distributors, Raw Material Suppliers, Government Regulatory and Research Organizations, End-Use Industries and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.