Dublin, Aug. 26, 2024 (GLOBE NEWSWIRE) -- The "Anchoring Equipment - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Anchoring Equipment is estimated at US$700.1 Million in 2023 and is projected to reach US$957.8 Million by 2030, growing at a CAGR of 4.6% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. 
The growth in the anchoring equipment market is driven by several factors, including the increasing complexity of modern construction projects, advancements in construction technologies, and the growing emphasis on safety and regulatory compliance. The rise of large-scale infrastructure projects, such as high-rise buildings, bridges, and tunnels, necessitates advanced anchoring solutions capable of supporting substantial loads and ensuring structural integrity.
Technological advancements, such as the development of innovative materials and automated installation techniques, have expanded the capabilities and applications of anchoring equipment. The construction industry`s focus on safety and adherence to stringent building codes and standards also drives the demand for reliable and high-performance anchoring systems.
Moreover, the increasing adoption of green building practices and sustainable construction methods requires anchoring solutions that not only provide structural stability but also have minimal environmental impact. These drivers collectively contribute to the robust expansion of the anchoring equipment market, ensuring its continued evolution and significance in the construction industry.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Strand Anchor segment, which is expected to reach US$479.1 Million by 2030 with a CAGR of a 5.1%. The Drill Hollow Bar segment is also set to grow at 4.3% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $156.1 Million in 2023, and China, forecasted to grow at an impressive 5.9% CAGR to reach $195.6 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as ThyssenKrupp AG, SRG Global, DYWIDAG-Systems International Group, and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 216 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value (USD) in 2023 | $700.1 Million |
| Forecasted Market Value (USD) by 2030 | $957.8 Million |
| Compound Annual Growth Rate | 4.6% |
| Regions Covered | Global |
MARKET OVERVIEW
- Influencer Market Insights
- Global Economic Update
- Anchoring Equipment - Global Key Competitors Percentage Market Share in 2024 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
- Anchoring Equipment: A Prelude
- Types of Anchors
- Outlook
- Recovery in Construction Sector to Boost Growth
- Infrastructure Investment Patterns Strongly Influence Market Growth
- Factors Driving Future Growth
- Sustainable Infrastructure & Renewable Energy Projects Remain Bright Spots for Global Infrastructure Sector
- Recent Industry Activity
MARKET TRENDS & DRIVERS
- Bouncing Back of Railways to Expand Growth Opportunities
- A Snapshot of Select Upcoming Metro Rail Projects
- Critical Importance of Anchor Systems in Bridge Construction
- 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
- 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 Mining Project Development by Region
- 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
- 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
- Age of Smart Anchors
- Innovations in Anchoring Equipment
- Urbanization and Ensuing Need for Public Infrastructure to Drive Growth
FOCUS ON SELECT PLAYERS(Total 30 Featured)
- ThyssenKrupp AG
- SRG Global
- DYWIDAG-Systems International Group
- BBR VT International Limited
For more information about this report visit https://www.researchandmarkets.com/r/3uzm6x
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