Press release
Hydraulic Attachments For Demolition Market is Estimated to Reach $7.1 billion by 2033 | Indeco, Xcentric, Montabert SAS
Hydraulic Attachments For Demolition Market
The hydraulic attachments for demolition market size was valued at $4.1 billion in 2023, and is estimated to reach $7.1 billion by 2033, growing at a CAGR of 5.6% from 2024 to 2033.
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Demanding Factors:
Demand for hydraulic attachments for demolitions for old construction is increasing due to the growth of infrastructure, residential, and commercial facilities. In addition, increasing population and indirectly rising demand for roads, bridges, highways, and tunnels are expected to drive the hydraulic attachments for demolitions market during the forecast period.
In addition, high productiveness, high effect performance and energy recovery can increase output in the shift, and reduced power and gas intake are just some of the advantages of hydraulic attachments for demolitions driving the growth of the hydraulic attachments for demolition market. Therefore, key market players are focusing on manufacturing superior hydraulic attachments for demolitions for building and mining applications.
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For example, in August 2023, Jiangtu's launched innovative multipurpose grapple that represents a breakthrough in integrating multiple functions into a single machine. This versatile equipment incorporates various claws that can be easily selected and interchanged based on diverse working conditions, offering a flexible and cost-effective solution.
In addition, in August 2021, Caterpillar launched a new generation of primary and secondary pulverizer attachments for use on excavators from 18 tons to 50 tons. The new Cat pulverizer line includes three rotatable primary models, the P318, P324 and P332-which feature 360-degree rotation, and three fixed secondary models, the P218, P224, and P232.
Impacting Factors:
Heavy and advanced construction equipment such as hydraulic attachments for demolition need trained operators to operate the equipment, as they are equipped with various levers and gears, making them function appropriately. However, one wrong move can lead to several problems such as failure in carrying out the desired operations. Moreover, high initial investments is expected to restrain the growth of the hydraulic attachments for demolition market.
Expansion in the mining sector in the regions such as Asia-Pacific, North America, and others notably contribute toward the growth of the global market. Moreover, government investment in infrastructure development are rising which is expected to fuel the growth of the hydraulic attachments for demolitions market.
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Top Players:
Indeco, Xcentric, Montabert SAS, Atlas Copco AB, Sandvik AB, OKADA, Genesis Attachments, Caterpillar, Epiroc AB, Soosan Heavy Industries Co., Ltd.
Table of Content:
Chapter 1 : INTRODUCTION
Chapter 2 : EXECUTIVE SUMMARY
Chapter 3 : MARKET OVERVIEW
Chapter 4 : HYDRAULIC ATTACHMENTS FOR DEMOLITION
MARKET, BY TYPE
Chapter 5 : HYDRAULIC ATTACHMENTS FOR DEMOLITION
MARKET, BY APPLICATION
Chapter 6 : HYDRAULIC ATTACHMENTS FOR DEMOLITION
MARKET, BY END-USER
Chapter 7 : HYDRAULIC ATTACHMENTS FOR DEMOLITION
MARKET, BY REGION
Chapter 8 : COMPETITIVE LANDSCAPE
Chapter 9 : COMPANY PROFILES
LIST OF TABLES
LIST OF FIGURES
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