Jackhammer Market Research Insights 2022-27: Industry Overview, Share, Size, Business Opportunities and Forecast

The latest research study "Jackhammer Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" by IMARC Group, finds the global jackhammer market reached a value of US$ 437.5 Million in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 610.1 Million by 2027 exhibiting a CAGR of 5.40% during 2022-2027.

Covid-19 Impact:

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

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Industry Definition and Application:

Jackhammer represents an electro-mechanical tool that is usually used for breaking pavements, concretes, rocks, etc. In line with this, it is a percussive rock drilling equipment generally equipped with a valve, piledriver, and drill bit. Furthermore, some of the commonly available jackhammer variants in the market include electric, hydraulic, pneumatic, etc. As compared to the traditional handheld hammers, it is faster, durable, causes minimal waste generation, requires low maintenance while minimizing effort and grip pressure for the operator, etc. As a result, the jackhammer finds wide-ranging applications in tunneling, well drilling, and mining activities.

Global Jackhammer Market Trends and Drivers:

The increasing constructional activities of railway tracks, tunnels, flyovers, etc., across several countries, are primarily driving the jackhammer market. Additionally, the growing investments by private and public agencies in infrastructural development projects, including commercial and residential spaces, are further catalyzing the market growth.

Besides this, the rising integration of advanced features with jackhammers, such as shock-proof handles, is acting as another significant growth-inducing factor. Moreover, the escalating demand for cost-effective construction solutions and the widespread adoption of technologically advanced equipment as well as production techniques are also positively influencing the global market. Apart from this, extensive R&D activities conducted by the leading manufacturers to develop improved product variants and the inflating levels of industrialization are anticipated to fuel the jackhammer market over the forecasted period.

Global Jackhammer Market 2022-2027 Analysis and Segmentation:

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

Atlas Copco AB, Einhell Germany AG, Hilti Corporation, INDECO ind S.p.a., Koki Holdings Co. Ltd., Makita Corporation, Robert Bosch GmbH, Stanley Black & Decker Inc., Techtronic Industries Co. Ltd. and TR Industrial.

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The report has segmented the market on the basis of region, type, distribution channel and application.

Breakup by Type:
• Pneumatic
• Electric
• Hydraulic

Breakup by Distribution Channel:
• Supermarkets and Hypermarkets
• Online Stores
• Specialty Stores
• Others

Breakup by Application:
• Construction
• Mining
• Tunneling
• Well Drilling

Breakup by Region:
• North America: (United States, Canada)
• Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America: (Brazil, Mexico, Others)
• Middle East and Africa

If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.

Key highlights of the report:
• Market Performance (2016-2021)
• Market Outlook (2022- 2027)
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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