As per this study, the Global Hydraulic Hammer Market was valued USD XX MN (by revenue) in 2021 and is anticipated to reach USD XX MN by 2028 with a CAGR of XX%.
Hydraulic hammer also known as hydraulic breaker is powerful, construction equipment used for digging, demolition and breaking of giant rock and existing concrete infrastructures. Structurally, it is mounted over excavator and is powered by auxiliary hydraulic system. Hydraulic hammer is extensively used in road and pavement construction, demolition of rock & slag, site excavation and in various underwater applications.
Growing demand of efficient, powerful drilling and breaking equipment from mining, construction and other end-use industries is driving the market growth. Increased investment by prominent players towards the development of safer and more efficient demolishing equipment is further fueling the market demand. Also, high demand for construction of new pavements, roads, bridges, buildings and other commercial spaces is pushing the demand for hydraulic hammer uphill.
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of hydraulic hammer.
The broad hydraulic hammer market has been sub-grouped into product and end-user. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
- Light Duty Hydraulic Hammer
- Medium Duty Hydraulic Hammer
- Heavy Duty Hydraulic Hammer
- Construction Industry
- Mining Industry
- Metallurgical Industry
Furthermore, the report comprises of the geographical segmentation, which mainly focuses on current and forecast demand for hydraulic hammer in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
Global Hydraulic Hammer Market Share by Region (Representative Graph)
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the hydraulic hammer market include Atlas Copco (Krupp), EVERDIGM (Hanwoo), Furukawa, MKB (KONAN), Montabert (Joy Global), MSB, NPK, Sandvik Mining and Construction, Soosan and Toku. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
A combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific details on methodology used for this report can be provided on demand.