Press release
Future of the Hydraulic Breaker Market: Trends, Innovations, and Key Forecasts Through 2034
Hydraulic Breaker
Hydraulic Breaker Market Size Growth Forecast: What to Expect by 2025?
The market size for hydraulic breakers has experienced considerable expansion in the past few years. This upward trend is expected to continue growth from $1.99 billion in 2024 to $2.11 billion in 2025, indicating a compound annual growth rate (CAGR) of 6.2%. This growth during the historical timeframe owes itself to factors like initial development, adoption by the market, advancement in materials, industrial applications, and diversification in sizes and types.
How Will the Hydraulic Breaker Market Size Evolve and Grow by 2029?
Anticipations are high for the hydraulic breaker market to experience significant expansion in the incoming years. With predictions estimating it to reach "$2.71 billion by 2029, recording a compound annual growth rate (CAGR) of 6.5%, the market has several contributing factors for its growth. This includes market expansion and applications, product variety, adherence to environmental regulations and standards, industry trends, competition dynamics, and global economic circumstances. Key trends of the forecast period are predicted to be better efficiency, improved durability and lifespan, versatility of usage, customization, adaptability, and reductions in noise and vibration.
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What Drivers Are Propelling the Growth of Hydraulic Breaker Market Forward?
The resurgence of construction activities is anticipated to bolster the expansion of the hydraulic breaker market. When speaking about construction activities, this encompasses all the tasks and procedures involved in the ideation, design, edification, and maintenance of physical infrastructures, which could range from buildings, roads, overpasses, tunnels to other infrastructures. Therefore, a boost in construction activities signifies an upward trajectory and broadening scope in these sectors. Hydraulic breakers are frequently utilized in construction ventures for the purpose of breaking through concrete, rock, and other kinds of material. Consequently, a rise in construction-related projects could trigger an increase in the demand for hydraulic breakers. For example, as reported by the Office for National Statistics, a UK-based autonomous statistical body, the total new construction orders witnessed a rise of 16.5% £1,771 million ($2,224 million) in 2024's second quarter compared to the first quarter. The growth registered in this quarter was largely attributed to fresh private commercial work and infrastructure-related work that saw a surge of 15.1% £503 million ($637 million) and 23.4% £389 million ($490 million) respectively. Hence, the rejuvenation of construction activities is fuelling the expansion rate of the hydraulic breaker market.
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Which Emerging Trends Are Transforming the Hydraulic Breaker Market in 2025?
Innovation in product design is helping companies stay competitive in the hydraulic breaker market. In August 2022, US-based Mazio Attachments LLC launched the Mazio XL series of hydraulic rock breakers, compatible with various carriers from mini excavators to large-scale equipment. The breakers use 100% Hardox steel for superior durability and impact resistance.
What Are the Key Segments in the Hydraulic Breaker Market?
The hydraulic breaker market covered in this report is segmented -
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
Subsegments:
1) By Handheld Hydraulic Breaker: Pneumatic Breakers, Electric Breakers
2) By Machine Mounted Hydraulic Breaker: Excavator-Mounted Breakers, Skid Steer Loader-Mounted Breakers, Backhoe Loader-Mounted Breakers
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Who Are the Key Players Shaping the Hydraulic Breaker Market's Competitive Landscape?
Major companies operating in the hydraulic breaker market include 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 Geographic Markets Are Powering Growth in the Hydraulic Breaker Market?
Asia-Pacific was the largest region in the hydraulic breaker market in 2024. The regions covered in the hydraulic breaker market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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