Jackhammer Market Report by Type (Pneumatic, Electric, Hydraulic), Application (Construction, Mining, Tunneling, Well Drilling), and Region 2024-2032

Jackhammer Market Report by Type (Pneumatic, Electric, Hydraulic), Application (Construction, Mining, Tunneling, Well Drilling), and Region 2024-2032

The global jackhammer market size reached US$ 489.2 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 732.7 Million by 2032, exhibiting a growth rate (CAGR) of 4.5% during 2024-2032.

Jackhammer refers to an electro-mechanical tool that is generally used for breaking pavements, concretes, and rocks. It is a percussive rock drilling equipment that is usually equipped with a piledriver, valve, and drill bit. Some of the commonly available jackhammer variants in the market include hydraulic, electric, and pneumatic. In comparison to traditional handheld hammers, it is durable, faster and requires low maintenance while minimizing grip pressure and effort for the operator.

Jackhammer Market Trends:
The global market is primarily driven by significant growth in the construction sector. Along with this, rising investments by private and public agencies in infrastructural development projects, including commercial and residential spaces, are providing an impetus to the market growth across the globe. In line with this, the increasing constructional activities of railways tracks, tunnels, and flyovers across numerous countries are also contributing to the market growth. Moreover, continual technological advancements in the sector are positively influencing the market growth on the global level. Also, the widespread integration of advanced features with jackhammers, such as shock-proof handles, is acting as a major growth-inducing factor. Furthermore, the extensive utilization of jackhammers for mining and well drilling activities is creating a positive outlook for the market on the global level. Some of the other factors contributing to the market growth include rapid industrialization and extensive research and development (R&D) activities conducted by key players to introduce improved product variants.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global jackhammer market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on type and application.

Breakup by Type:
Pneumatic
Electric
Hydraulic

Breakup by Application:

Construction
Mining
Tunneling
Well Drilling

Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Atlas Copco AB, Einhell Germany AG, Hilti Corporation, INDECO ind S.p.a., Koki Holdings Co. Ltd., Makita Corporation, Robert Bosch GmbH, Stanley Black & Decker Inc., Techtronic Industries Co. Ltd. and TR Industrial.

Key Questions Answered in This Report

1. What was the size of the global jackhammer market in 2023?
2. What is the expected growth rate of the global jackhammer market during 2024-2032?
3. What are the key factors driving the global jackhammer market?
4. What has been the impact of COVID-19 on the global jackhammer market?
5. What is the breakup of the global jackhammer market based on the type?
6. What is the breakup of the global jackhammer market based on the application?
7. What are the key regions in the global jackhammer market?
8. Who are the key players/companies in the global jackhammer market?