The U.S. earth anchors market size is anticipated to reach USD 548.6 million by 2030 and is expected to expand at a CAGR of 3.2% during the forecast period. The earth anchors market is experiencing significant growth, driven by its versatility and adaptability across various industries, including construction, agriculture, telecommunications, and renewable energy.
Ease of installation using handheld tools reduces labor costs and accelerates project timelines. Construction spending in the U.S. has steadily increased, reaching a seasonally adjusted annual rate of USD 2.16 trillion in July 2024. Regulatory compliance and environmental considerations also drive growth, as earth anchors meet building code requirements for secure anchoring of temporary and modular structures without extensive groundwork. Moreover, their cost-effectiveness and minimal soil disturbance make them an attractive option for companies seeking to comply with regulations and prioritize sustainability.
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Ease of installation using handheld tools reduces labor costs and accelerates project timelines. Construction spending in the U.S. has steadily increased, reaching a seasonally adjusted annual rate of USD 2.16 trillion in July 2024. Regulatory compliance and environmental considerations also drive growth, as earth anchors meet building code requirements for secure anchoring of temporary and modular structures without extensive groundwork. Moreover, their cost-effectiveness and minimal soil disturbance make them an attractive option for companies seeking to comply with regulations and prioritize sustainability.
U.S. Earth Anchors Market Report Highlights
- The screw pile anchors segment dominated the product segment with a revenue share of over 25.0% in 2023. The versatility, ease of installation, and minimal soil disturbance of screw pile anchors have driven their increased demand in the market, catering to diverse construction needs.
- Arrowhead anchors are expected to witness a significant CAGR over the forecast period due to increased demand due to their efficient penetration, high holding capacity, and ease of installation, making them a cost-effective solution for various applications.
- Commercial application of earth anchors led the market in 2023 with over 70.0% of the total revenue generated, owing to strong demand for ongoing large-scale construction projects in major U.S. cities.
- In April 2024, building permits reached 1.440 million, indicating continued demand for new residential projects. Most earth anchors were installed professionally in 2023, accounting for over 80.0% of the total installations recorded.
- DIY earth anchors offer a convenient and cost-effective solution for securing solar panels, requiring only handheld tools and eliminating the need for heavy equipment and specialized engineering expertise.
Why should you buy this report?
- Comprehensive Market Analysis: Gain detailed insights into the global market across major regions and segments
- Competitive Landscape: Explore the market presence of key players worldwide
- Future Trends: Discover the pivotal trends and drivers shaping the future of the global market
- Actionable Recommendations: Utilize insights to uncover new revenue streams and guide strategic business decisions
This report addresses:
- Market intelligence to enable effective decision-making
- Market estimates and forecasts from 2018 to 2030
- Growth opportunities and trend analyses
- Segment and regional revenue forecasts for market assessment
- Competition strategy and market share analysis
- Product innovation listing for you to stay ahead of the curve
- COVID-19's impact and how to sustain in these fast-evolving markets
The leading players in the U.S. Earth Anchors market include:
- Better Bilt products
- American Earth Anchors, Inc
- Milspec Anchors
- MacLean Power Systems
- Helical Anchor Inc
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Table of Contents
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
Chapter 3. U.S. Earth Anchors Market Variables, Trends, & Scope
Chapter 4. U.S. Earth Anchors Market: Product Estimates & Trend Analysis
Chapter 5. U.S. Earth Anchors Market: Application Estimates & Trend Analysis
Chapter 6. U.S. Earth Anchors Market: Installation Type Estimates & Trend Analysis
Chapter 7. U.S. Earth Anchors Market: Consumer Buying Behavior Estimates & Trend Analysis
Chapter 8. Supplier Intelligence
Chapter 9. Competitive Landscape
List of Tables
List of Figures
Companies Mentioned
- Better Bilt products
- American Earth Anchors, Inc
- Milspec Anchors
- MacLean Power Systems
- Helical Anchor Inc
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 80 |
| Published | October 2024 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value ( USD | $ 439.2 Million |
| Forecasted Market Value ( USD | $ 548.6 Million |
| Compound Annual Growth Rate | 3.2% |
| Regions Covered | United States |
| No. of Companies Mentioned | 5 |
