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Market Research Report
Trench Shoring Systems |
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Published by | Global Industry Analysts, Inc. | Product code | 994354 | ||||
Published | Content info | 138 Pages Delivery time: 1-2 business days |
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Trench Shoring Systems | ||
Published: April 1, 2021 | Content info: 138 Pages |
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Abstract:
Global Trench Shoring Systems Market to Reach $574.3 Million by 2027
Amid the COVID-19 crisis, the global market for Trench Shoring Systems estimated at US$413.2 Million in the year 2020, is projected to reach a revised size of US$574.3 Million by 2027, growing at a CAGR of 4.8% over the period 2020-2027.
The U.S. Market is Estimated at $111.5 Million, While China is Forecast to Grow at 7.8% CAGR
The Trench Shoring Systems market in the U.S. is estimated at US$111.5 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$120.8 Million by the year 2027 trailing a CAGR of 7.8% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.7% and 3.8% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.4% CAGR.
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