Hydraulic Breaker Market is to grow at 6.23 % CAGR, with Europe leading the market through 2030

The Hydraulic Breaker Market is expected to reach USD 4.71 Bn by 2030, The Hydraulic Breaker Market is driven by the need for hydraulic breakers for construction projects in the commercial, industrial, and residential sectors worldwide.

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Hydraulic Breaker Market to Hit USD 4.71 Bn by 2030

The Hydraulic Breaker Market was USD 3.43 Bn in 2023 and is expected to expand at a compound annual growth rate (CAGR) of 6.23 % from 2023 to 2030, reaching USD 4.71 Bn by 2030. Hydraulic Breaker are employed in many different demolition applications to break rock, concrete, asphalt, and other materials. The top brands of hydraulic breakers include Allied/Rammer, Atlas Copco, BTI/Astec, and CAT because of their superior performance and series design. The LH-180 is a hydraulic breaker that functions effectively as a multipurpose breaker and is a common type for Atlas Copco. Demand is also fuelled by the growing emphasis on recycling and material recovery from destroyed buildings. In the US, North America held the largest share of over 5.5 % of the hydraulic breaker market.

Hydraulic Breaker Market Segmentation

By Equipment size: Small-sized hydraulic Breakers are usually used for minor construction tasks such as minor demolition, building roads, developing urban infrastructure, and landscaping. Medium-Sized Hydraulic Breaker are frequently used for medium-sized building projects, including quarrying, major demolition operations, and road construction. Large-Sized Hydraulic Breaker are used in heavy-duty tasks including mining, quarrying, and extensive demolition.

By End User: In the Construction Industry, Hydraulic breakers are widely used in breaking up asphalt and concrete, breaking concrete walls, and foundations, and for digging foundations. In Mining Industry Hydraulic breakers are used to reduce bigger boulders into smaller, easier-to-handle chunks for further processing. Aside from construction and mining Hydraulic Breaker are used in breaking and classifying items for recycling, especially at metal recovery facilities and yards.

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Hydraulic Breaker Market Regional Analysis

In the United States, Large hydraulic breakers are still widely used in the mining industry, particularly in the coal, gold, copper, and quarrying sectors. Major players in the U.S. market such as Epiroc, Komatsu, Caterpillar, Hitachi, and Doosan dominate the Epiroc, Komatsu, Caterpillar, Hitachi, and Doosan. In the United States, the total construction spending reached approximately $1.44 trillion in 2021.

Germany is making significant investments in its roads, highways, and bridges all of which are necessary for European trade and mobility. The Rhenish Mining District in North Rhine-Westphalia, is Germany's primary region for coal mining. Germany's major cities of Berlin, Munich, and Frankfurt are seeing a surge in construction activity.

China's rapid urbanization has resulted in the construction of new cities and new projects. The Belt and Road Initiative (BRI) and other initiatives implemented by the Chinese government have increased the need for infrastructure development. Hydraulic breakers are widely used in Medium-sized projects in fast-growing cities like Beijing, Shanghai, Guangzhou, and Shenzhen.

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Hydraulic Breaker Market Competitive Landscape

Epiroc (Atlas Copco): In 2021 Epiroc acquired Paus for a purchase price of approximately €340 million. Epiroc acquired Driconeq, a Swedish company in 2020. Epiroc acquired Mobilaris and Rammer.

Komatsu Ltd.: In 2021, Komatsu acquired Moduloc, a company specializing in automation and digitalization. Also in 2021, Komatsu acquired Badger Mining Corporation. A strategic alliance was established between Komatsu and Intel.

Doosan Infracore: In 2021, Doosan Infracore agreed to purchase the Doosan Group's worldwide business division. In 2022, Doosan Infracore partnered with Nabtesco Corporation and purchased important assets.

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Conclusion

The market for hydraulic breakers is expected to develop further due to growing industries, advances in technology, and growing environmental concerns.
As businesses look to streamline their processes, there will be an increasing need for hydraulic rock crushers that are more efficient and economical.

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