Global Hydraulic Breaker Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Hydraulic Breaker Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Market Overview:

The latest research study on the global Hydraulic Breaker market finds that the global Hydraulic Breaker market reached a value of USD 1509.49 million in 2022. It’s expected that the market will achieve USD 1707.72 million by 2028, exhibiting a CAGR of 2.08% during the forecast period.

Increased competition

During the forecast period, competition among suppliers will increase. Suppliers will compete based on price and product quality to provide a competitive advantage in the market. During the forecast period, we expect that as product demand increases, more and more companies will enter the Hydraulic Breaker market, and competition among suppliers will intensify.

Continuous innovation

Technological innovation will promote product innovation and therefore play an important role in driving market growth. To remain competitive in a highly competitive market, suppliers should develop new ideas and technologies and keep up with the latest technologies. The raw material and product performance of hydraulic breaker products will be continuously improved to meet the growing needs of downstream industries.

Technology change and industry innovation

Technical innovation and industrial innovation will become important driving factors for the development of the hydraulic breaker market. With the continuous improvement of the technical level of hydraulic breakers, such as adjustable hydraulic hammers that achieve continuous adjustable control of the output parameters of the breakers, low-noise urban-type silent hammers, ultra-large breakers, underwater breakers, and intelligent Crushers, crushers for dredging vessels, etc., continue to expand the application field of hydraulic hammers.

The product has certain defects in use

Hydraulic breaker produces noise and dust during operation, which has some negative effects on the working environment. This factor limits the use of hydraulic breakers in residential and compact spaces. In particular, some lower-priced products generally have poor performance and cannot be guaranteed.

Region Overview:

From 2023-2028, Europe is estimated to witness robust growth prospects.

Company Overview:

Sandvik is one of the major players operating in the Hydraulic Breaker market, holding a share of 9.79% in 2023.

Sandvik

Sandvik AB is a high-technology engineering group. The Company develops, manufactures, and markets tools for metalworking applications, machinery and tools for rock excavation, stainless steel products, special alloys, and resistance heating materials and process systems. Sandvik markets to industrial companies throughout the world, and tools can also be purchased online.

Atlas Copco

Atlas Copco AB is an international industrial group. The Company develops, manufactures, and markets compressed air equipment and treatment, vacuum solutions, mining equipment, generators, electric and pneumatic tools, and hybrid joining technologies and other assembly systems, as well as offers related equipment and services.

Segmentation Overview:

By type, Machine Mounted Hydraulic Breaker segment accounted for the largest share of market in 2022.

Application Overview:

By application, the Construction Industry segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Hydraulic Breaker market covered in Chapter 3:

Soosan Heavy Industries
Takeuchi
NPK
Furukawa
Montabert
Eddie precision Machinery Co.,Ltd
Volvo
JCB
John Deere
Nuosen Machinery
stanley Infrastructure
Indeco
Everdigm
Atlas Copco
Breaker Technology Inc
Sandvik
Caterpillar
Hammer srl

In Chapter 4 and Chapter 14.2, on the basis of types, the Hydraulic Breaker market from 2018 to 2029 is primarily split into:

Handheld Hydraulic Breaker
Machine Mounted Hydraulic Breaker

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Hydraulic Breaker market from 2018 to 2029 covers:

Construction Industry
Mining
Other

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)