Global Hydraulic Attachments For Demolition Market Size, Share & Trends Analysis Report By Application, By End User, By Type (Breaker & Hammer, Crusher & Shear, Pulverizer, Grapple, and Others), By Regional Outlook and Forecast, 2023 - 2030

Global Hydraulic Attachments For Demolition Market Size, Share & Trends Analysis Report By Application, By End User, By Type (Breaker & Hammer, Crusher & Shear, Pulverizer, Grapple, and Others), By Regional Outlook and Forecast, 2023 - 2030

The Global Hydraulic Attachments For Demolition Market size is expected to reach $5.5 billion by 2030, rising at a market growth of 5.4% CAGR during the forecast period.

Hydraulic attachments offer the flexibility to adapt to job site conditions and project specifications. Whether demolishing buildings, bridges, roads, or industrial structures, contractors can rely on hydraulic attachments to efficiently tackle diverse demolition tasks. Consequently, the Grapple segment would generate approximately 8.58 % share of the market by 2030. Additionally, this attachment can handle different materials, including concrete, steel, wood, and masonry, making them suitable for various demolition projects.

Safety is paramount in the construction and demolition, and hydraulic attachments are crucial in mitigating risks for operators and bystanders. Manufacturers integrate advanced safety features into attachments to enhance operator protection and minimize accidents. Therefore, owing to these factors, there will be enhanced demand for hydraulic attachments for demolition.

Additionally, urbanization places strain on existing infrastructure such as roads, bridges, utilities, and public transportation systems. Municipalities need to initiate infrastructure expansion and improvement initiatives to address the demands of expanding urban populations. Thus, these aspects can boost the demand for hydraulic attachments for demolition in the coming years.

However, Hydraulic attachments need to meet rigorous safety standards set by regulatory bodies such as OSHA. These standards dictate requirements for structural integrity, guarding, operator protection, and emergency shutdown procedures. Ensuring compliance with these standards adds complexity to the design and manufacturing processes, requiring thorough testing and certification procedures. Hence, these aspects can hamper the growth of the market.

By Application Analysis

On the basis of application, the market is bifurcated into mining & excavation and earth moving & demolition. The earth moving and demolition segment recorded the 80.52 % revenue share in the market in 2022. Construction and demolition companies are increasingly focused on improving efficiency and productivity to meet project deadlines and reduce costs. Hydraulic attachments enable faster and more precise earth moving and demolition tasks, leading to overall project efficiency gains. Thus, these aspects will boost the demand in the segment.

By End User Analysis

Based on end-user, the market is divided into construction, mining, waste management & recycling, and utility. In 2022, the mining segment witnessed a 17.77 % revenue share in the market. Hydraulic attachments enhance mining productivity by reducing downtime and streamlining operations. The growth in the mining sector is expected to increase the demand in the segment. Therefore, these factors will pose lucrative growth prospects for the segment.
 
By Type Analysis

Based on type, the market is segmented into breaker & hammer, crusher & shear, pulverizer, grapple, and others. The breaker & hammer segment held the 50.67 % revenue share in the market in 2022. Governments worldwide invest heavily in infrastructure development projects such as roads, bridges, railways, and airports. These projects often involve demolishing old structures and clearing sites, driving demand for breaker/hammer attachments. Hence, these aspects will boost the demand in the segment.

By Regional Analysis

By region, the market is segmented into North America, Europe, Asia Pacific, and LAMEA. In 2022, the Asia Pacific segment acquired a 27.69 % revenue share in the market. Governments across the Asia Pacific region are making substantial investments in infrastructure projects, including railways, airports, roads, and bridges, to facilitate urban expansion and economic development. Hence, these factors will assist in the expansion of the segment.

Recent Strategies Deployed in the Market

• 2022-Dec: Komatsu Ltd. Has enter into an agreement with GHH Group GmbH (GHH), a German-based manufacturer of underground mining, tunnelling, and specialized civil engineering equipment. With this agreement Komatsu aimed to acquire GHH Group GmbH (GHH) and incorporates GHH's manufacturing facilities and renovation centers strategically located in key markets, alongside its extensive product range and skilled workforce.
• 2022-Feb: Montabert, a subsidiary of Komatsu Ltd, has finalized an agreement with Tramac, a renowned provider of demolition and processing products. Under this agreement, Montabert intends to acquire 100% ownership of Tramac. This strategic move aims to bolster Montabert's presence in Canada and tap into new global markets. Additionally, the acquisition will facilitate enhanced product development, expansion of the rock breaker business across diverse global markets, and the delivery of superior service to customers.
• 2021-Aug: Caterpillar, Inc. has introduced new and improved pulverizer attachments for use with excavators weighing between 18 and 50 tonnes. These attachments include three primary models with 360-degree rotation (P318, P324, and P332) and three fixed secondary models (P218, P224, and P232). The design of these new pulverizers is based on Caterpillar's SpeedBooster technology, which efficiently closes the jaw when there's no load, ensuring reliable performance.
• 2021-July: Sandvik AB has formed a partnership with Steelwrist, a division of the Terratech Group AB, a Swedish company specializing in tiltrotators, quick couplers, and excavator work tools. Under this partnership, Sandvik intends to incorporate Steelwrist SQ system adaptor kits into its rammer hydraulic hammers. This integration enables rammer operators to swiftly switch between hydraulic-powered work tools from within the excavator cabin, thereby enhancing productivity and minimizing downtime.
• 2021-May: Komatsu Ltd has introduced a wider selection of hydraulic breakers with their new JTHB-G and JMHB-H lines. These new breakers work with Komatsu excavators ranging from PC78 to PC490. They come with an accumulator that stops hydraulic pump cavitation, preventing flow surges back to the carrier hydraulic tank. By reusing high-pressure oil internally, this conserves energy and lowers flow, reducing hydraulic pressure spikes and safeguarding the carrier's hydraulic system.
• 2019-Nov: Sandvik AB has launched LS312, a heavy-duty underground loader with a 12-tonne capacity and powered by a C7.1 mechanical engine meeting Tier II emission standards. It complies with major international safety standards, including electronic diesel engine safety shutdown systems and standard roll-over and falling objects protection (ROPS/FOPS). The LS312, equipped with Sandvik's quick detachment system (QDS), offers a safe and efficient solution for underground coal loading and hauling while reducing personnel exposure to harmful diesel emissions through its Tier II engine and integrated exhaust aftertreatment systems.

List of Key Companies Profiled

• Sandvik AB
• Atlas Copco AB
• Indeco ind S.p.a
• Soosan Corporation Co., Ltd.
• Genesis Attachments, LLC (NPK Construction Equipment, Inc.)
• Komatsu Ltd.
• Xcentric Ripper International, S.L (Grado Cero Sistemas, SLU)
• J C Bamford Excavators Ltd.
• Caterpillar, Inc.
• Hitachi Construction Machinery Co., Ltd.

Global Hydraulic Attachments For Demolition Market Report Segmentation

By Application

• Earth Moving & Demolition
• Mining & Excavation

By End User

• Construction
• Mining
• Utility
• Waste management & Recycling.

By Type

• Breaker & Hammer
• Crusher & Shear
• Pulverizer
• Grapple
• Others

By Geography

• North America
• US
• Canada
• Mexico
• Rest of North America
• Europe
• Germany
• UK
• France
• Russia
• Spain
• Italy
• Rest of Europe
• Asia Pacific
• China
• Japan
• India
• South Korea
• Singapore
• Malaysia
• Rest of Asia Pacific
• LAMEA
• Brazil
• Argentina
• UAE
• Saudi Arabia
• South Africa
• Nigeria
• Rest of LAMEA