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Global Pipe Jacking Service Market Opportunities and Forecast for period from 2024 to 2031

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The "Pipe Jacking Service Market" is focused on controlling cost, and improving efficiency. Moreover, the reports offer both the demand and supply aspects of the market. The Pipe Jacking Service market is expected to grow annually by 13% (CAGR 2024 - 2031).

This entire report is of 151 pages.

Pipe Jacking Service Introduction and its Market Analysis

Pipe Jacking Service involves the installation of underground pipes using a tunneling technique. The global Pipe Jacking Service market is growing rapidly due to increasing infrastructure development, urbanization, and the need for efficient and sustainable solutions for underground pipe installation. Major market players such as Royal BAM Group, VINCI Construction, and Hochtief are driving revenue growth through strategic partnerships, innovative technology, and project execution excellence. The market analysis highlights key players, market segmentation, and trends shaping the industry. The report recommends industry players to focus on technological advancements, quality assurance, and market expansion to capitalize on the growing demand for Pipe Jacking Services.

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The pipe jacking service market is segmented into three types based on the diameter of the pipes - below DN1000mm, DN1000mm-DN2000mm, and above DN2000mm. These services are used in various applications such as water and wastewater, oil and gas, electricity and telecom, and others. The market is influenced by regulatory and legal factors specific to the industry.

Regulations related to environmental protection, public safety, and construction permits play a significant role in shaping the market conditions for pipe jacking services. Companies operating in this market need to adhere to strict guidelines and standards set by regulatory bodies to ensure compliance and safety.

The increasing demand for infrastructure development and renovation projects in various sectors like water and wastewater, oil and gas, and electricity and telecom is driving the growth of the pipe jacking service market. With advancements in technology and equipment, these services are becoming more efficient and cost-effective, attracting more players into the market. Overall, the pipe jacking service market is expected to witness steady growth in the coming years, supported by favorable regulatory and legal conditions.

Top Featured Companies Dominating the Global Pipe Jacking Service Market

The Pipe Jacking Service Market is highly competitive, with several key players operating in the industry. Some of the major companies in this market include Royal BAM Group, VINCI Construction, Hochtief, Skanska, China Communications Construction Company, Primoris Services Corporation, Morgan Sindall, Murphy, McConnell Dowell (Aveng), Barhale, Ward and Burke, Bothar, Donegan Civil Engineering, Active Tunnelling, A E Yates Group, Esor, Electra Group, Rimon Group, and EJM Pipe Services.

These companies offer a range of pipe jacking services, including the installation of underground pipes for various infrastructure projects such as water supply, sewer systems, and telecommunications networks. They utilize advanced equipment and technology to efficiently and effectively carry out pipe jacking projects, reducing the need for extensive excavation and minimizing disruptions to the surrounding environment.

By providing high-quality and reliable pipe jacking services, these companies help to grow the market by meeting the increasing demand for underground infrastructure development across various sectors. Their expertise and experience enable them to successfully complete complex projects, contributing to the overall growth and expansion of the pipe jacking service market.

In terms of sales revenue, some of the above-listed companies have reported strong financial performance. For example, Royal BAM Group reported revenues of € billion in 2020, while VINCI Construction recorded revenues of €47.7 billion. Hochtief reported sales of €21.6 billion, and Skanska reported revenues of €16.2 billion. These figures indicate the significant market presence and financial stability of these companies in the pipe jacking service market.

  • Royal BAM Group
  • VINCI Construction
  • Hochtief
  • Skanska
  • China Communications Construction Company
  • Primoris Services Corporation
  • Morgan Sindall
  • Murphy
  • McConnell Dowell (Aveng)
  • Barhale
  • Ward and Burke
  • Bothar
  • Donegan Civil Engineering
  • Active Tunnelling
  • A E Yates Group
  • Esor
  • Electra Group
  • Rimon Group
  • EJM Pipe Services

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Pipe Jacking Service Market Analysis, by Type:

  • Below DN1000mm
  • DN1000mm-DN2000mm
  • Above DN2000mm

Below DN1000mm pipe jacking service is commonly used for smaller diameter pipes, such as sewer and water mains. DN1000mm-DN2000mm pipe jacking services are used for medium-sized projects, such as stormwater drains and culverts. Above DN2000mm pipe jacking services cater to large-scale projects like tunnels and transportation systems. The availability of different types of pipe jacking services is crucial in boosting the demand for this market as it allows for a wide range of projects to be undertaken efficiently and effectively. This variety in service offerings attracts more customers and drives the growth of the pipe jacking service market.

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Pipe Jacking Service Market Analysis, by Application:

  • Water and Wastewater
  • Oil and Gas
  • Electricity and Telecom
  • Others

Pipe jacking service involves the installation of underground pipes without the need for large excavations. In the water and wastewater industry, pipe jacking is used to install sewer lines and water mains. In the oil and gas sector, it is utilized for pipeline installations. In the electricity and telecom industry, pipe jacking is employed for underground cable installations. Other applications include drainage systems and transportation tunnels. The fastest growing application segment in terms of revenue is expected to be the oil and gas sector, due to the increasing demand for pipeline installations driven by the growing energy needs worldwide.

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Pipe Jacking Service Industry Growth Analysis, by Geography:

North America:

  • United States
  • Canada

Europe:

  • Germany
  • France
  • U.K.
  • Italy
  • Russia

Asia-Pacific:

  • China
  • Japan
  • South Korea
  • India
  • Australia
  • China Taiwan
  • Indonesia
  • Thailand
  • Malaysia

Latin America:

  • Mexico
  • Brazil
  • Argentina Korea
  • Colombia

Middle East & Africa:

  • Turkey
  • Saudi
  • Arabia
  • UAE
  • Korea

The Pipe Jacking Service market is expected to witness significant growth in regions such as North America (United States, Canada), Europe (Germany, France, ., Italy, Russia), Asia-Pacific (China, Japan, South Korea, India, Australia, Indonesia, Thailand, Malaysia), Latin America (Mexico, Brazil, Argentina, Colombia), and Middle East & Africa (Turkey, Saudi Arabia, UAE). The market is expected to be dominated by the Asia-Pacific region, with a market share percent valuation of around 40%. North America and Europe are also expected to witness substantial growth, with market share percent valuations of 25% and 20% respectively. Latin America and Middle East & Africa are anticipated to have market share percent valuations of 10% each.

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