In the world economic growth, the Hydraulic Hammer industry has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, Hydraulic Hammer market size to maintain the average annual growth rate of XXX from XXX million $ in 2014 to XXX million $ in 2019, SMI analysts believe that in the next few years, Hydraulic Hammer market size will be further expanded, we expect that by 2024, The market size of the Hydraulic Hammer will reach XXX million $.
Overview
A hydraulic hammer is a powerful percussion hammer incorporated into an excavator, typically used to demolish rocks of concrete structures. It is operated by an auxiliary hydraulic system from the excavator. Generally, it is installed with a foot-operated valve and deployed in construction and demolition activities. The global hydraulic hammer market focuses on six regions namely North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. The global hydraulic hammer market is expected to witness significant growth during the forecast period, owing to increasing infrastructural development.
Market Drivers
Growing expansion of the infrastructure sector, especially in emerging economies is expected to drive growth of the global hydraulic hammer market during the forecast period. Infrastructure sector is expanding rapidly across emerging economies such as India, China, and Brazil. Constriction of flyovers, highways, and bridge are on rise. According to India Brand Equity Foundation (IBEF), India’s national highway network is expected to reach over 50,000 kilometers by 2019, with its construction increasing by 20% year-on-year in 2017-18. According to the same source, the Government of India has invested US$ 750 billion for railway infrastructure between 2019 and 2030. Thus, these factors are expected to drive growth of the global hydraulic hammer market during the market. Furthermore, increasing demand for efficient and powerful braking and drilling equipment is expected to propel the global hydraulic hammer market growth over the forecast period.
Market Restraint
Lack of skilled laborers to operate hydraulic hammers is expected to hinder the global hydraulic hammer market growth over the forecast period.
Regional Insights
Among regions, North America is expected to witness significant growth in the global hydraulic hammer market during the forecast period. This is owing to growing adoption of advanced demolition products across the region. Furthermore, Asia Pacific is expected to register robust growth over the forecast period, owing to high growth infrastructure sector in the region.
Competitive Section
Key players operating in the global hydraulic hammer market are Eddie, Beilite, Soosan, Sunward, Nuosen, KONAN, Giant, NPK, Furukawa, Rammer, EVERDIGM, and Caterpillar.
Key market players are focused on product launches, in order to expand the product portfolio. For instance, in August 2018, Caterpillar launched a new hydraulic hammer attachment for small machines.
This Report covers the manufacturers' data, including: shipment, price, revenue, gross profit, interview record, business distribution etc., these data help the consumer know about the competitors better. This report also covers all the regions and countries of the world, which shows a regional development status, including market size, volume and value, as well as price data.
Besides, the report also covers segment data, including: type segment, industry segment, channel segment etc. cover different segment market size, both volume and value. Also cover different industries clients information, which is very important for the manufacturers. If you need more information, please contact SMI
Section 1: Definition
Section (2 3): Manufacturer Detail
Eddie
Soosan
Nuosen
Giant
Furukawa
Toku
Rammer
Atlas-copco
Liboshi
GB
EVERDIGM
Montabert
Daemo
NPK
KONAN
Sunward
Beilite
Section 4: Region Segmentation
North America Country (United States, Canada)
South America
Asia Country (China, Japan, India, Korea)
Europe Country (Germany, UK, France, Italy)
Other Country (Middle East, Africa, GCC)
Section (5 6 7):
Product Type Segmentation
Light Duty Hydraulic Hammer
Medium Duty Hydraulic Hammer
Heavy Duty Hydraulic Hammer
Industry Segmentation
Construction Industry
Municipal Engineering
Mining Industry
Metallurgical Industry
Channel (Direct Sales, Distributor) Segmentation
Section 8: Trend (2019-2024)
Section 9: Product Type Detail
Section 10: Downstream Consumer
Section 11: Cost Structure
Section 12: Conclusion
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