North America Screw Piles Market – Industry Trends and Forecast to 2029

North America Screw Piles Market, By Type (SS-RS Combinations Type Screw Piles, SS (Square Shaft) Type Screw Piles, RS (Round Shaft) Type Screw Piles, Helical Grouted Displacement Piles (HGD Piles), Others), Helices System (Single-Helices, Multiple-Helices), Installation Techniques (Compression And Tension, Compression Only, Tension Only), Fitting Techniques (Standard Bend, Reid Bar), Distribution Channel (E-Commerce, Specialty Stores, Third Party Distributors, Others), Application (Building And Construction, Utility, Railways, Roadway, Bridges, Agriculture, Marine, Others) - Industry Trends and Forecast to 2029.

Market Analysis and Insights

Screw piles are a foundation underpinning element constructed using steel shafts with helical flights. They are mostly preferred in urban construction due to their better ability of displacement, load-bearing capacity, minimal site disturbance, immediate load-carrying capability, and quick installation. Presently, it is observed that many constructors opt for screw piles when there is time constraint for their construction projects. Major players of the market offer various services with their unique machinery for every specific type of foundation work under any given geological conditions but the arrival of new players in last decade with quality service, providing cost effective solutions and completion of work in given time is marking a new phase in the market.

• In current times, rising urbanization across the globe has gained demands for the screw piles as they provide quick installation capabilities for service providers. Additionally, continuous growth in the commercial sector such as solar farms, healthcare, business parks, institutions, and agricultural construction has increased the involvement of screw piles in the construction of foundations. Data Bridge Market Research analyses that the North America screw piles market will grow at a CAGR of 3.9% during the forecast period of 2022 to 2029.

Screw Piles Market Dynamics

Drivers

• Rising urbanization across the globe

The growing population across the globe and the majority of the population shifting towards urban areas for a better opportunities and better living standards has a positive impact on the market and led to the constant rising urbanization across the globe which is hoisting the market growth.

• The increasing popularity of solar farms and agricultural construction

The limited nature of fossil fuel in the environment and the demand for food across the world due to the rise in population has pushed the world countries to take drastic steps to tackle these situations. The increase in popularity of solar farms and agricultural construction is the result of that and it is acting as a boost for the market growth.

• Growing demand for noise-free construction work

With growing construction activities across the globe and in the region have led to an increase in noise pollution which is difficult to control, this resulted in the demand for possible noise free construction work. The helical piles in construction use displacement technique that are noise-free and hence minimise the noise population caused by construction and this factor is expected to drive the market growth.

Opportunities

• Growing prevalence of screw/helical piles in the oil and gas industry

The oil and gas industry is considered the biggest sector in the world and is needed well infrastructure to be functional. This sector needs multiple infrastructures such as building facilities, installations, and tanks to store these productions. This can provide a lucrative opportunity for the growth of the screw market.

Restraints/Challenges

However, the major challenging factor affecting the growth market is the hindrance offered by the geological factor of the region such as soil type and its deformation behavior, rock type and its deformation behaviors, during and post piles installation. Additionally, the demand for the skilled workforce and contract teams for piles project is hampering the market growth in the region. Also, the fluctuating cost of raw materials such as steel, iron among others for manufacturing of screw piles is one of the restraining factors impacting the growth of the screw piles market in the North America region.

Covid-19 Impact on North America Screw Piles Market

COVID-19 has negatively affected North America screw piles market. Lockdowns and isolation during pandemics have not only complicated the supply chain management across the region, but slowed the rate of testing, development, and production of end products. This has led to delay of many ongoing projects offered by the screw pile service providers. But with the betterment of the situation across the globe the development and production has caught the required phase, yet there is no denying that the North America screw piles market has suffered heavily due to COVID-19.

Recent Developments

• In December 2017, Hubbell Incorporated entered into a definitive agreement to acquire Aclara Technologies LLC. Through this acquisition, the company is going to gain Aclara's strong customer relationships and smart infrastructure solutions into the Hubbell power & utility portfolio. The company is expected to generate more revenue in the Pile segment as a result of this acquisition and can put forward itself as a strong player in the North America region
• In December 2020, Alberta Screw Piles Ltd. was selected for the largest solar project in Canada, Claresholm Solar Project. Under this construction project, the company had to install a system of 53,000 screw piles to support 477,000 solar modules. This has made the company a government favorite as it was done at a committed period and the company earn itself a prominent name in Canada screw piles market, giving it major growth

North America Screw Piles Market Scope

The North America screw piles market is segmented into on the basis of the type, helices system, installation techniques, fitting techniques, distribution channel, and application. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

TYPE

• SS-RS COMBINATIONS Type Screw Piles
• SS (SQUARE SHAFT) Type Screw Piles
• RS (ROUND SHAFT) Type Screw Piles
• Helical grouted displacement piles (HGD piles)
• Others

On the basis of the type, the North America screw piles market is segmented into SS-RS combinations type screw piles, SS (square shaft) type screw piles, RS (round shaft) type screw piles, helical grouted displacement piles (HGD piles), and others

HELICES SYSTEM

• Single-helices
• Multiple-helices

On the basis of the helices system, the North America screw piles market is segmented into single-helices and multiple-helices

INSTALLATION TECHNIQUES

• Compression and tension
• Compression only
• Tension only

On the basis of the installation techniques, the North America screw piles market is segmented into compression and tension, compression only, and tension only.

FITTING TECHNIQUES

• Standard bend
• Reidbar

On the basis of the fitting techniques, the North America screw piles market is segmented into standard bend and Reid bar

 DISTRIBUTION CHANNEL

• E-commerce
• Specialty stores
• Third party distributors
• Others

On the basis of the distribution channel, the North America screw piles market is segmented into e-commerce, specialty stores, third party distributors, and others.

APPLICATION

• Building and construction
• Utility
• Railways, roadway, bridges
• Agriculture
• Marine
• Others

On the basis of the application, the North America screw piles market is segmented into building and construction, utility, railways, roadway, bridges, agriculture, marine and others

North America Screw Piles Market Regional Analysis/Insights

The North America screw piles market is analysed and market size insights and trends are provided by the type, helices system, installation techniques, fitting techniques, distribution channel, application and geography as referenced above.

The countries covered in the screw piles market report are the U.S., Canada and Mexico.

The U.S. is expected to dominate the market due to the growing prevalence of screw/helical piles in the oil and gas industry in recent times.

The country section of the report also provides individual market impacting factors and changes in regulations in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, disease epidemiology and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.

Competitive Landscape and North America Screw Piles Market Share Analysis

The screw piles market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to screw piles market.

Some of the major key players in the North America screw piles market are Bauer AG, Piling Inc., Goliathtech Inc., BC Helical Piles Ltd., Inland Screw Piling., Magnum Piering., Franki Foundations, Ideal Foundation Systems, Keller Management Services, LLC, Alberta Screw Piles Ltd., Almita Piling Inc., Roterra Piling Ltd., HPS, Hubbell and Twister Piling Inc. among others.