The newly Hydraulic Hammer market report provided a complete view of the present and future market. Deep analysis of enterprise competition pattern, enterprise product advantages and disadvantages, regional industrial layout characteristics. The base year considered for the study is 2018 and the market size is projected from 2019 to 2026.
The hydraulic hammer, also known as a rock breaker, hydraulic breaker and hydraulic chisel, is a type of hydraulic tool or attachment that is used in demolition jobs which involve breaking up of large blocks and slabs of concrete and in excavation and quarrying of rocks and minerals.
On the basis of products, the various types include Light Duty Hydraulic Hammer, Medium Duty Hydraulic Hammer, and Heavy-Duty Hydraulic Hammer. On the basis of application, the Hydraulic Hammer market is segmented into Construction Industry, Municipal Engineering, Mining Industry, and Metallurgical Industry.
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According to the report, the Hydraulic Hammer global market is valued at approximately USD 1,793 million in 2019 and is expected to generate revenue of around USD 2,054 million by 2026, growing at a CAGR of roughly 1.96% from 2019 and 2026. Hydraulic Hammer market is estimated to experience a positive growth due to the growing demand for efficient, powerful drilling and breaking equipment from mining, construction, and other end-user industries. With the recovery of the global economy and the development of emerging powers, the Hydraulic Hammer market is endowed with a promising future.
Regional Segment Analysis
The report focuses on detailed analysis of major regions like North America (United States, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, Columbia), and Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa).
Asia-Pacific accounted for the largest market share of 31.06% in 2018 and is anticipated to show growth in the forthcoming years. The rapid industrialization and urbanization in developing economies, such as China and India, are expected to drive the growth of the market. Europe and North America accounted for a market share of 30.74% and 29.88% respectively in 2018. Growth in government budgets in the principal countries, increasing construction fields expenditures, and more-intense competition will boost the growth of the market in those regions.
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The Hydraulic Hammer market is full of competition due to the presence of many large and small companies and local manufacturers. The leading vendors in the market are Rammer, Atlas-copco, Montabert, Furukawa, and Soosan. Other prominent vendors in the market are NPK, Toku, EVERDIGM, MSB, MKB(KONAN), Daemo, Indeco, Italdem, Tabe, Metso, Giant, Liboshi, Eddie, Changzhi, and others.
Target Audience for this Report
- Hydraulic Hammer manufacturers
- Hydraulic Hammer importers and exporters
- Hydraulic Hammer traders, distributors, and suppliers
- Raw material suppliers of Hydraulic Hammer
- Hydraulic Hammer industry associations
- Product managers, Hydraulic Hammer industry administrator, C-level executives of the industries
- Market Research and consulting firms
- Small and Medium-sized Enterprises (SMEs)
- Government agencies and NGOs
Table of Content
1 Report Overview
1.1 Product Definition and Scope
1.2 PEST (Political, Economic, Social and Technological) Analysis of Hydraulic Hammer Market
2 Market Trends and Competitive Landscape
3 Segmentation of Hydraulic Hammer Market by Types
4 Segmentation of Hydraulic Hammer Market by End-Users
5 Market Analysis by Major Regions
6 Product Commodity of Hydraulic Hammer Market in Major Countries
7 North America Hydraulic Hammer Landscape Analysis
8 Europe Hydraulic Hammer Landscape Analysis
9 Asia Pacific Hydraulic Hammer Landscape Analysis
10 Latin America, Middle East & Africa Hydraulic Hammer Landscape Analysis
11 Major Players Profile
11.1.1 Rammer Company Profile and Recent Development
11.1.2 Market Performance
11.1.3 Product and Service Introduction
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Key questions answered in the report
- What will the market size and growth rate be in 2026?
- What segment or region will drive or lead the market growth and what are the reasons?
- How will market drivers, constraints and future opportunities affect market dynamics and subsequent analysis of relevant trends?
- What key strategies are used by top vendors to increase revenue?
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