Press release
Robust Growth in Hydraulic Breaker Market: A Sneak Peek Into Rising CAGR, Key Trends, and Major Drivers
Hydraulic Breaker Market Share
Soaring to new heights: From $1.99 billion in 2024, the global hydraulic breaker market is predicted to reach $2.11 billion in 2025.
What Is The Projected Market Size Of The Global Hydraulic Breaker Market And Its Growth Rate?
• The hydraulic breaker market, which has experienced robust growth in recent years, will rise from $1.99 billion in 2024 to $2.11 billion in 2025, growing at a CAGR of 6.2%.
• The growth can be tied to initial development, industrial applications, advancements in materials, market adoption, and diversification of sizes and types.
• The market is projected to continue its strong growth trajectory, reaching $2.71 billion in 2029 at a CAGR of 6.5%.
• This growth is expected due to market expansion, product diversification, environmental regulations, industry trends, and global economic conditions.
What Is Driving The Growth In The Hydraulic Breaker Market?
The surge in construction activities is driving the growth of the hydraulic breaker market forward. Construction activities include planning, designing, constructing, and maintaining physical structures such as buildings, roads, bridges, and tunnels. An increase in construction denotes growth in these sectors. Hydraulic breakers are commonly used in construction projects for breaking concrete, rock, and other materials. According to the Office for National Statistics, total construction new orders rose by 16.5% to £1,771 million in the second quarter of 2024 compared to the first quarter, largely driven by private commercial new work and infrastructure new work. Accordingly, the increase in construction activities is powering the growth of the hydraulic breaker market.
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Who Are The Key Players Driving Hydraulic Breaker Market Growth?
• NPK Construction Equipment Inc.
• Soosan Heavy Industries Co. Ltd.
• Indeco SpA
• Sandvik AB
• Montabert S.A.S.
• Caterpillar Inc.
• Furukawa Rock Drill Co. Ltd.
• Epiroc AB
• Atlas Copco AB
• Nuosen Heavy Machinery Co. Ltd.
• Konekesko Eesti AS
• Rammer Oy
• JCB Ltd.
• Msat Msb Corporation
• DAEMO Engineering Co. Ltd.
• Breaker Technology Inc.
• Doosan Bobcat Inc.
• Allied Construction Products LLC
• Stanley Black & Decker Inc.
• Tramac Corporation
• Hidrocmecc S.r.l.
• Chicago Pneumatic Tool Company
• Kinshofer Group
• Okada Aiyon Corporation
• Toku America Inc.
• Indus Rock Tools Ltd.
• Rockblaster Hydraulic Breakers
• Mustang Hammer
• Teledyne ICM
• Brokk AB
What Are The Key Trends In The Hydraulic Breaker Market?
• Increased efficiency
• Enhanced durability and longevity
• Versatility in applications
• Customization and adaptability
• Noise and vibration reduction
What Are The Segments Of The Global Hydraulic Breaker Market?
• By Type: Handheld Hydraulic Breaker, Machine Mounted Hydraulic Breaker
• By Product Type: Mini Hydraulic Breaker, Small Hydraulic Breaker, Medium Hydraulic Breaker
• By Application: Breaking Oversized Material, Trenching, Demolition
• By End User: Construction, Mining
Which Region Leads The Hydraulic Breaker Market?
Asia-Pacific was the largest region in the hydraulic breaker market in 2024. Other regions examined in the hydraulic breaker market report include Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Hydraulic Breaker Market Global Market Report?
- Market Size Analysis: Analyze the Hydraulic Breaker Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Hydraulic Breaker Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Hydraulic Breaker Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Hydraulic Breaker Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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