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Hydraulic Breaker Market Report 2023 - Size, Growth, Outlook And Forecast To 2032 | NPK Construction Equipment Inc., Soosan Heavy Industries Co Ltd., Indeco Ind SpA, Sandvik Group, Montabert SAS
Hydraulic Breaker Market
Hydraulic Breaker Market Size, Growth Rate, And Forecast
The The global hydraulic breaker market size is expected to grow from $1.75 billion in 2022 to $1.87 billion in 2023 at a compound annual growth rate (CAGR) of 7.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global hydraulic breaker market size is expected to reach $2.37 billion in 2027 at a CAGR of 6.1%.
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Hydraulic Breaker Market Drivers
The increase in construction activities is expected to propel the growth of the hydraulic breaker market going forward. Construction activities refer to any work or process involved in the planning, designing, building, and maintaining of physical structures, including buildings, roads, bridges, tunnels, and other infrastructure.
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Hydraulic Breaker Market Segments
1. By Type: Handheld Hydraulic Breaker, Machine Mounted Hydraulic Breaker.
2. By Product Type: Mini Hydraulic Breaker, Small Hydraulic Breaker, Medium Hydraulic Breaker.
3. By Application: Breaking Oversized Material, Trenching, Demolition.
4. By End User: Construction, Mining.
5. By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Hydraulic Breaker market.
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Hydraulic Breaker Market Key Players
Major competitors in the hydraulic breaker market include NPK Construction Equipment Inc., Soosan Heavy Industries Co Ltd., Indeco Ind SpA, Sandvik Group, Montabert SAS, Caterpillar Inc., Furukawa Rock Drill.
The Business Research Company's "Global Hydraulic Breaker Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Hydraulic Breaker Market Include:
1. Executive Summary
2. Hydraulic Breaker Market Characteristics
3. Hydraulic Breaker Market Trends And Strategies
4. Hydraulic Breaker Market - Macro Economic Scenario
5. Hydraulic Breaker Market Size And Growth
……
26. Africa Hydraulic Breaker Market
27. Hydraulic Breaker Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Hydraulic Breaker Market
29. Hydraulic Breaker Market Future Outlook and Potential Analysis
30. Appendix
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