Dublin, April 05, 2023 (GLOBE NEWSWIRE) -- The "Anchoring Equipment: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Anchoring Equipment estimated at US$650.1 Million in the year 2022, is projected to reach a revised size of US$920.2 Million by 2030, growing at a CAGR of 4.4% over the analysis period 2022-2030.
Strand Anchor, one of the segments analyzed in the report, is projected to record a 5% CAGR and reach US$460.4 Million by the end of the analysis period.
Taking into account the ongoing post pandemic recovery, growth in the Drill Hollow Bar segment is readjusted to a revised 4.2% CAGR for the next 8-year period.
The U.S. Market is Estimated at $151.7 Million, While China is Forecast to Grow at 5.8% CAGR
The Anchoring Equipment market in the U.S. is estimated at US$151.7 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$195.6 Million by the year 2030 trailing a CAGR of 5.8% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.3% and 3.5% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.5% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$128.9 Million by the year 2030.
Select Competitors (Total 30 Featured) -
- ArcelorMittal S.A.
- Con-Tech Systems Ltd.
- DYWIDAG-Systems International
- Skyline Steel, LLC.
- SPANTEC Spann- & Ankertechnik GmbH
- Sumitomo Heavy Industries Himatex Co., Ltd.
- Thyssenkrupp Infrastructure GmbH
- TWF Tiefbautechnik GmbH
- Williams Form Engineering Corporation
What`s New for 2023?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 216 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $650.1 Million |
| Forecasted Market Value (USD) by 2030 | $920.2 Million |
| Compound Annual Growth Rate | 4.4% |
| Regions Covered | Global |
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Impact of Covid-19 and a Looming Global Recession
- 2020 Marked as a Year of Disruption & Transformation
- World Economic Growth Projections (Real GDP, Annual % Change) for 2019 to 2022
- Pandemic Impact on the Construction Sector: A Review
- Global Construction Reset & Trajectory - Growth Outlook (In %) For Years 2019 Through 2021
- Anchoring Equipment - Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
- Anchoring Equipment: A Prelude
- Types of Anchors
- Outlook
- Recovery in Construction Sector to Boost Growth
- World Construction Industry (in US$ Trillion) for the Years 2020, 2021 & 2022
- Infrastructure Investment Patterns Strongly Influence Market Growth
- COVID-19: Challenges & Opportunities for Infrastructure Projects
- US Non-Building Infrastructure Spending YoY Growth in 2020 and 2021 (in %)
- Projected Infrastructure Investment Needed (in US$ Trillion) by Region Over the Period 2016-2040
- Global Infrastructure Spending: Projected Infrastructure Investment Needs (in $ Trillion) by Sector Over the Period 2016-2040
- Factors Driving Future Growth
- Sustainable Infrastructure & Renewable Energy Projects Remain Bright Spots for Global Infrastructure Sector
- Recent Industry Activity
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Bouncing Back of Railways in Post-COVID-19 Era to Expand Growth Opportunities
- A Snapshot of Select Upcoming Metro Rail Projects
- Worldwide Investments into Light Rail and Metro Rail Projects (in US$ Billion) by Region for the Period 2019-2025
- A Core Vertical in Transportation Industry, Railways Records Losses in 2020
- Critical Importance of Anchor Systems in Bridge Construction
- World Bridge Construction Spending (in %) by Bridge Type: 2021
- World Bridge Construction Spending (in %) by Application: 2021
- Road and Highway Infrastructure Projects to Push Demand
- Growing Need to Bridge Infrastructure Gap Which is the Highest for Roadways Promises to Expand Budget Outlays for Highways and Transport Development : Global Cumulative Investments in Roadways Vs Actual Need for the Period 2016-2040 (In US$ Trillion)
- Continuous Development of World's Highways to Expand Market Opportunities: Length of Road Networks (In 000 Kilometers) in Top 15 Countries Worldwide for the Year 2020
- Anchors Remain a Utility in Underground Construction Projects
- Reinforcing Underground Mining Terrains Using Anchor Systems with Pointed Thread
- Favorable Mining Industry Outlook to Drive Gains
- Global Investments in Mining Projects by Region: 2020
- Global Mining Project Development by Region
- Top Countries for Mining Project Development: 2020
- Anchoring Systems Ensure Strong Foundation for Wind-Led Energy Revolution
- Key Properties of Tower & Ground Anchor Bolts
- Carbon Neutrality Goal Requires Stakeholders to Fast-Track Wind Installations & Unlock Potential of Wind Energy
- Global New Wind Installations in GW: 2020-2030
- Global New Wind Installations Breakdown by Region: 2020
- Europe: Anchoring Equipment to Enjoy Strong Headwinds from Wind Installations
- Sophisticated Anchoring Systems to Expedite Offshore Wind Energy Installations
- Anchor Systems Enjoy Traction in Hydroelectric Projects
- World Installed Hydropower Capacity (in GW) for Years 2020 through 2025
- World Installed Hydropower Capacity (in %) by Project Type: 2020
- Age of Smart Anchors
- Innovations in Anchoring Equipment
- Urbanization and Ensuing Need for Public Infrastructure to Drive Growth
- World Urban Population in Thousands: 1950-2050P
- Degree of Urbanization Worldwide: Urban Population as a % of Total Population by Geographic Region for the Years 1950, 1970, 1990, 2018, 2030 and 2050
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/fstqfu
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