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

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

Machine Mounted Hydraulic Breaker is a type of construction machinery that is mounted on excavators, backhoes, skid steers, mini-excavators, and stationary plants. Driven by hydraulic power it breaks rocks into smaller sizes or demolishes concrete structures into manageable pieces.

Market Overview:

The latest research study on the global Machine Mounted Hydraulic Breaker market finds that the global Machine Mounted Hydraulic Breaker market reached a value of USD 1828.03 million in 2022. It’s expected that the market will achieve USD 2447.53 million by 2028, exhibiting a CAGR of 4.98% during the forecast period.

The impact of the Russia-Ukraine war on the Machine Mounted Hydraulic Breaker Market

A series of related sanctions and counter-sanctions followed by the Russia and Ukraine War affected commodities such as energy, food, and non-ferrous metals. For the Machine Mounted Hydraulic Breaker industry, Russia and Ukraine War may mainly affect the upstream steel market, and then affect the industry. Ukraine and Russia are important black commodity suppliers in the world; Ukraine's iron ore reserves are 2.3 billion tons, accounting for 2.7% of the world; Russia's iron ore reserves are 14 billion tons, accounting for 16.5% of the world. In addition, Russia is an important exporter of pig iron, direct reduced iron, and steel scrap. Ukraine is also a major exporter of pig iron in the world. Products such as iron ore and pig iron are the main raw materials for steel production. The Russo-Ukraine war could lead to problems with the global supply of iron ore and pig iron, leading to higher steel prices. For the Machine Mounted Hydraulic Breaker industry, steel is the company's main raw material cost, and the rise in steel prices has affected the company's production and operation.

Market Drivers Analysis

The proportion of mechanical equipment equipped with Machine Mounted Hydraulic Breaker continues to increase
Machine Mounted Hydraulic Breaker is a hydraulic rescue attachment, a mechanical device that converts hydraulic energy into mechanical impact energy. It is usually used in conjunction with hydraulic engineering machinery such as excavators for demolition operations. The proportion of mechanical equipment equipped with Machine Mounted Hydraulic Breaker is one of the important factors affecting the development of the industry. Due to the many advantages of the product, the proportion of excavators equipped with Machine Mounted Hydraulic Breaker continues to increase. On the one hand, the market demand for high-efficiency demolition methods. Excavators equipped with Machine Mounted Hydraulic Breaker can improve the efficiency of demolition operations and ensure safety to a greater extent. Therefore, the proportion of mechanical equipment equipped with Machine Mounted Hydraulic Breaker continues to increase. In addition, as the country pays more attention to environmental protection and safety production, it strengthens the control of heavily polluting enterprises and continuously introduces regulatory policies on explosive blasting. Machine Mounted Hydraulic Breaker is used as an auxiliary machine to cooperate with excavators to carry out explosion-free operations This new type of demolition method is efficient and safe. In general, with the government's increasing concern for environmental protection, the continuous improvement of safety production requirements, and the gradual increase in labor costs, the proportion of Machine Mounted Hydraulic Breakers for mechanical equipment in construction, mining, and other fields has continued to increase. This will be one of the important driving factors to promote the development of the industry.

Region Overview:

In 2022, the share of the Machine Mounted Hydraulic Breaker market in China stood at 32.93%

Company Overview:

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.

Yantai Eddie Precision Machinery focuses on the R&D, production and sales of construction machinery attachments and servo digital hydraulic systems. After nearly 20 years of research and innovation, the company has become one of the largest manufacturers of hydraulic accessories in the world, and its products are exported to more than 60 countries and regions around the world. The high-end hydraulic pumps, hydraulic motors and multi-channel controls produced by the company Products such as valves have broken through the bottleneck of core technology.

Sandvik AB is one of the major players operating in the Machine Mounted Hydraulic Breaker market, holding a share of 7.40% in 2023.

Segmentation Overview:

Top Type
Differentiate according to the installation position. Top mounted hydraulic breaker directly works on the material so it has the vertically impact advantage, especially for breaking stone and quarry material. Top mounted hydraulic breaker has a wider working space and better operating view than side mounted hydraulic breaker.
Side Type
Side mounted hydraulic breaker is more flexible to reach different condition project like road demolition and construction breaking.

As for product types, the Top Type segment held the largest market share in 2022.

Application Overview:

Construction
It refers to the Machine Mounted Hydraulic Breaker supporting related machinery and equipment used in the construction field to remove hard objects such as buildings, reinforced concrete, and rocks in this field.
Mining
It refers to the Machine Mounted Hydraulic Breaker supporting related mechanical equipment used in the mining field, and its main function is to crush ore or other bulk materials. Hydraulic breakers are commonly used for extraction work in the mining sector.

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

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

Montabert
Giant Hydraulic Tech
STANLEY Infrastructure
Epiroc 
Indeco
Sandvik
NPK Construction Equipment
Volvo Construction Equipment
Takeuchi
Yantai Eddie Precision Machinery
JCB
Furukawa
Hammer srl
Caterpillar

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

Top Type
Side Type

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

Construction
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)