Global Hydraulic Breaker Market Analysis By Segmentations, Top Key Players, Geographical Expansion, Future Development & Forecast 2024-2035
- PUBLISHED ON
- 1/12/2023
- NO OF PAGES
- 224
- CATEGORY
- Heavy Industry
Market Overview:
The global hydraulic breaker market size was valued at around USD 2.3 billion in 2021 and expected to grow at a CAGR of 5.8% during the forecast period.
A hydraulic breaker is a heavy-duty construction equipment that is used for demolishing or breaking down large structures or materials such as rocks, concrete, asphalt, and others. It is powered by hydraulic systems and is commonly attached to excavators, skid-steer loaders, or backhoes to increase their effectiveness in demolition or breaking down tasks. Hydraulic breakers use hydraulic pressure to apply a percussive force to the material, which results in the breaking of the material into smaller pieces. These breakers come in different sizes and shapes, depending on the type of task they are used for. The global hydraulic breaker market comprises various manufacturers who produce hydraulic breakers for different industries, including construction, mining, quarrying, and demolition.
Covid-19 Impact:
The COVID-19 pandemic has had a significant impact on the global hydraulic breaker market. The construction, mining, quarrying, and demolition industries, which are the primary users of hydraulic breakers, were significantly affected by the pandemic. The disruption in the supply chain, decreased demand for construction and mining equipment, and lockdown measures implemented in many countries led to a decline in the demand for hydraulic breakers.
The closure of factories and production facilities during the lockdown period disrupted the manufacturing and distribution of hydraulic breakers, leading to a shortage of supplies. The supply chain disruptions caused by the pandemic resulted in increased prices of raw materials and components required for the production of hydraulic breakers, leading to increased prices of the final products.
However, as the world recovers from the pandemic and the economies reopen, the hydraulic breaker market is expected to recover. The demand for hydraulic breakers is expected to increase as construction and mining activities resume. The increasing demand for infrastructure development, especially in developing countries, is expected to drive the growth of the hydraulic breaker market in the coming years.
Overall, while the pandemic has had a significant impact on the hydraulic breaker market, the market is expected to recover in the post-pandemic period as the world recovers from the pandemic and economic activities resume.
Market Dynamics:
Drivers:
Increasing demand from construction and mining industries: The growing demand for construction and mining activities is driving the growth of the hydraulic breaker market. Hydraulic breakers are widely used in construction and mining activities for demolition and breaking down of structures and materials, which is increasing the demand for these equipment.
Advancements in technology: The hydraulic breaker industry is witnessing advancements in technology, which is driving the growth of the market. Manufacturers are developing advanced hydraulic breakers that are more efficient, durable, and cost-effective. These technological advancements are expected to drive the growth of the hydraulic breaker market in the coming years.
Growing demand for rental equipment: The increasing demand for rental equipment is also driving the growth of the hydraulic breaker market. Many construction and mining companies prefer to rent hydraulic breakers instead of purchasing them, which is increasing the demand for rental hydraulic breakers.
Increasing focus on infrastructure development: The increasing focus on infrastructure development, especially in developing countries, is driving the growth of the hydraulic breaker market. Governments across the world are investing in infrastructure development, which is increasing the demand for hydraulic breakers.
Growing mining activities: The growth of mining activities, especially in emerging economies, is driving the growth of the hydraulic breaker market. The increasing demand for minerals and metals is driving the growth of mining activities, which is increasing the demand for hydraulic breakers.
Restraints:
High cost of hydraulic breakers: The cost of hydraulic breakers is relatively high, which may limit their adoption, especially by small and medium-sized construction and mining companies. The high cost of hydraulic breakers is due to the complexity of their design, the cost of raw materials, and the advanced technology used in their manufacturing.
Increasing demand for alternative technologies: The increasing demand for alternative technologies such as electric and pneumatic breakers is a significant restraint to the hydraulic breaker market. These alternative technologies are gaining popularity due to their lower noise levels, reduced emissions, and lower operating costs.
High maintenance costs: Hydraulic breakers require regular maintenance and servicing to keep them in optimal condition. The cost of maintenance can be significant, especially for large hydraulic breakers used in heavy-duty applications. The high maintenance costs could limit the adoption of hydraulic breakers.
Regional Analysis:
North America: North America is a significant market for hydraulic breakers, primarily driven by the demand from the construction and mining industries. The region has a developed construction industry, which is driving the demand for hydraulic breakers for demolition and excavation activities. The United States and Canada are the major markets in the region.
Europe: Europe is another significant market for hydraulic breakers, primarily driven by the growth of the construction industry in the region. The region has a well-developed infrastructure and construction industry, which is increasing the demand for hydraulic breakers. Germany, France, and the United Kingdom are the major markets in the region.
Asia-Pacific: Asia-Pacific is the fastest-growing market for hydraulic breakers, primarily driven by the growth of the construction and mining industries in the region. The rapid urbanization and industrialization in countries such as China, India, and Japan are driving the demand for hydraulic breakers. China is the largest market in the region, followed by India and Japan.
Middle East and Africa: The Middle East and Africa region are expected to witness significant growth in the hydraulic breaker market due to the increasing demand from the construction and mining industries. The region is witnessing significant investments in infrastructure development and mining activities, which is driving the demand for hydraulic breakers.
Latin America: Latin America is another significant market for hydraulic breakers, primarily driven by the demand from the mining industry. The region has significant reserves of minerals and metals, which is driving the growth of the mining industry and, in turn, the demand for hydraulic breakers. Brazil, Mexico, and Chile are the major markets in the region.
Market Segmentation:
Type: The market can be segmented into light-duty, medium-duty, and heavy-duty hydraulic breakers, based on their weight and capacity.
Operating weight: The market can be segmented into hydraulic breakers with operating weights of less than 500 kg, 500-1200 kg, 1200-2000 kg, and more than 2000 kg.
Mounting type: The market can be segmented into backhoe-mounted, skid-steer loader-mounted, and others, based on the type of mounting.
Sales channel: The market can be segmented into OEM (original equipment manufacturers) and aftermarket, based on the sales channel.
Application: The market can be segmented into construction, mining, demolition, and others, based on the application of hydraulic breakers.
Region: The market can be segmented into North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa, based on the region.
Competitive Landscape:
The global hydraulic breaker market is highly competitive, with the presence of several global and regional players.
Some of the key players operating in the market are:
Atlas Copco AB
Caterpillar Inc.
Doosan Infracore Co. Ltd.
Epiroc AB
Furukawa Rock Drill Co. Ltd.
Hitachi Construction Machinery Co. Ltd.
JCB Service
Komatsu Ltd.
Montabert SAS
NPK Construction Equipment Inc.
These companies are focusing on product innovation, strategic partnerships, and mergers and acquisitions to strengthen their market position. For instance, in October 2020, Epiroc AB launched its new hydraulic breaker, HB 7000 DP, which is designed for carriers in the 70-85 tonne range. In February 2021, Caterpillar Inc. announced its acquisition of Weir Oil & Gas, a leading provider of pressure pumping and pressure control equipment and aftermarket services.
Other notable developments in the market include partnerships and collaborations between key players to expand their product portfolio and customer base. For instance, in May 2020, Doosan Infracore Co. Ltd. announced its collaboration with Steelwrist AB to develop and supply hydraulic excavators with Steelwrist’s fully automatic hydraulic quick coupler system.
Overall, the global hydraulic breaker market is highly competitive, with key players focusing on product innovation, strategic partnerships, and mergers and acquisitions to strengthen their market position.
Reasons to Purchase this Report:• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 6-month post-sales analyst support
Objectives of the Study:
• To provide with an exhaustive analysis on the Hydraulic Breaker Market by Product, By Application, By End User and by Region.
• To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
• To evaluate and forecast micro-markets and the overall market
• To predict the market size, in key regions— North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
• To record and evaluate competitive landscape mapping- product launches, technological advancements, mergers and expansions
Historic Year: 2016-2022
Forecast: 2024-2035
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered: Ranking by Hydraulic Breaker Revenue
1.4 Market Analysis by Type
1.4.1 Global Hydraulic Breaker Market Size Growth Rate by Type: 2023 VS 2032
1.4.2 Handheld Hydraulic Breaker
1.4.3 Machine Mounted Hydraulic Breaker
1.5 Market by Application
1.5.1 Global Hydraulic Breaker Market Share by Application: 2023-2032
1.5.2 Construction Industry
1.5.3 Mining
1.6 Study Objectives
1.7 Years Considered
1.8 Overview of Global Hydraulic Breaker Market
1.8.1 Global Hydraulic Breaker Market Status and Outlook (2017-2032)
1.8.2 North America
1.8.3 East Asia
1.8.4 Europe
1.8.5 South Asia
1.8.6 Southeast Asia
1.8.7 Middle East
1.8.8 Africa
1.8.9 Oceania
1.8.10 South America
1.8.11 Rest of the World
2 Market Competition by Manufacturers
2.1 Global Hydraulic Breaker Production Capacity Market Share by Manufacturers (2017-2022)
2.2 Global Hydraulic Breaker Revenue Market Share by Manufacturers (2017-2022)
2.3 Global Hydraulic Breaker Average Price by Manufacturers (2017-2022)
2.4 Manufacturers Hydraulic Breaker Production Sites, Area Served, Product Type
3 Sales by Region
3.1 Global Hydraulic Breaker Sales Volume Market Share by Region (2017-2022)
3.2 Global Hydraulic Breaker Sales Revenue Market Share by Region (2017-2022)
3.3 North America Hydraulic Breaker Sales Volume
3.3.1 North America Hydraulic Breaker Sales Volume Growth Rate (2017-2022)
3.3.2 North America Hydraulic Breaker Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.4 East Asia Hydraulic Breaker Sales Volume
3.4.1 East Asia Hydraulic Breaker Sales Volume Growth Rate (2017-2022)
3.4.2 East Asia Hydraulic Breaker Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.5 Europe Hydraulic Breaker Sales Volume (2017-2022)
3.5.1 Europe Hydraulic Breaker Sales Volume Growth Rate (2017-2022)
3.5.2 Europe Hydraulic Breaker Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.6 South Asia Hydraulic Breaker Sales Volume (2017-2022)
3.6.1 South Asia Hydraulic Breaker Sales Volume Growth Rate (2017-2022)
3.6.2 South Asia Hydraulic Breaker Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.7 Southeast Asia Hydraulic Breaker Sales Volume (2017-2022)
3.7.1 Southeast Asia Hydraulic Breaker Sales Volume Growth Rate (2017-2022)
3.7.2 Southeast Asia Hydraulic Breaker Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.8 Middle East Hydraulic Breaker Sales Volume (2017-2022)
3.8.1 Middle East Hydraulic Breaker Sales Volume Growth Rate (2017-2022)
3.8.2 Middle East Hydraulic Breaker Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.9 Africa Hydraulic Breaker Sales Volume (2017-2022)
3.9.1 Africa Hydraulic Breaker Sales Volume Growth Rate (2017-2022)
3.9.2 Africa Hydraulic Breaker Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.10 Oceania Hydraulic Breaker Sales Volume (2017-2022)
3.10.1 Oceania Hydraulic Breaker Sales Volume Growth Rate (2017-2022)
3.10.2 Oceania Hydraulic Breaker Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.11 South America Hydraulic Breaker Sales Volume (2017-2022)
3.11.1 South America Hydraulic Breaker Sales Volume Growth Rate (2017-2022)
3.11.2 South America Hydraulic Breaker Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.12 Rest of the World Hydraulic Breaker Sales Volume (2017-2022)
3.12.1 Rest of the World Hydraulic Breaker Sales Volume Growth Rate (2017-2022)
3.12.2 Rest of the World Hydraulic Breaker Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
4 North America
4.1 North America Hydraulic Breaker Consumption by Countries
4.2 United States
4.3 Canada
4.4 Mexico
5 East Asia
5.1 East Asia Hydraulic Breaker Consumption by Countries
5.2 China
5.3 Japan
5.4 South Korea
6 Europe
6.1 Europe Hydraulic Breaker Consumption by Countries
6.2 Germany
6.3 United Kingdom
6.4 France
6.5 Italy
6.6 Russia
6.7 Spain
6.8 Netherlands
6.9 Switzerland
6.10 Poland
7 South Asia
7.1 South Asia Hydraulic Breaker Consumption by Countries
7.2 India
7.3 Pakistan
7.4 Bangladesh
8 Southeast Asia
8.1 Southeast Asia Hydraulic Breaker Consumption by Countries
8.2 Indonesia
8.3 Thailand
8.4 Singapore
8.5 Malaysia
8.6 Philippines
8.7 Vietnam
8.8 Myanmar
9 Middle East
9.1 Middle East Hydraulic Breaker Consumption by Countries
9.2 Turkey
9.3 Saudi Arabia
9.4 Iran
9.5 United Arab Emirates
9.6 Israel
9.7 Iraq
9.8 Qatar
9.9 Kuwait
9.10 Oman
10 Africa
10.1 Africa Hydraulic Breaker Consumption by Countries
10.2 Nigeria
10.3 South Africa
10.4 Egypt
10.5 Algeria
10.6 Morocco
11 Oceania
11.1 Oceania Hydraulic Breaker Consumption by Countries
11.2 Australia
11.3 New Zealand
12 South America
12.1 South America Hydraulic Breaker Consumption by Countries
12.2 Brazil
12.3 Argentina
12.4 Columbia
12.5 Chile
12.6 Venezuela
12.7 Peru
12.8 Puerto Rico
12.9 Ecuador
13 Rest of the World
13.1 Rest of the World Hydraulic Breaker Consumption by Countries
13.2 Kazakhstan
14 Sales Volume, Sales Revenue, Sales Price Trend by Type
14.1 Global Hydraulic Breaker Sales Volume Market Share by Type (2017-2022)
14.2 Global Hydraulic Breaker Sales Revenue Market Share by Type (2017-2022)
14.3 Global Hydraulic Breaker Sales Price by Type (2017-2022)
15 Consumption Analysis by Application
15.1 Global Hydraulic Breaker Consumption Volume by Application (2017-2022)
15.2 Global Hydraulic Breaker Consumption Value by Application (2017-2022)
16 Company Profiles and Key Figures in Hydraulic Breaker Business
16.1 Indeco
16.1.1 Indeco Company Profile
16.1.2 Indeco Hydraulic Breaker Product Specification
16.1.3 Indeco Hydraulic Breaker Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.2 Atlas Copco
16.2.1 Atlas Copco Company Profile
16.2.2 Atlas Copco Hydraulic Breaker Product Specification
16.2.3 Atlas Copco Hydraulic Breaker Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.3 Furukawa
16.3.1 Furukawa Company Profile
16.3.2 Furukawa Hydraulic Breaker Product Specification
16.3.3 Furukawa Hydraulic Breaker Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.4 Sandvik
16.4.1 Sandvik Company Profile
16.4.2 Sandvik Hydraulic Breaker Product Specification
16.4.3 Sandvik Hydraulic Breaker Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.5 Rammer
16.5.1 Rammer Company Profile
16.5.2 Rammer Hydraulic Breaker Product Specification
16.5.3 Rammer Hydraulic Breaker Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.6 Caterpillar
16.6.1 Caterpillar Company Profile
16.6.2 Caterpillar Hydraulic Breaker Product Specification
16.6.3 Caterpillar Hydraulic Breaker Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.7 Montabert
16.7.1 Montabert Company Profile
16.7.2 Montabert Hydraulic Breaker Product Specification
16.7.3 Montabert Hydraulic Breaker Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.8 NPK
16.8.1 NPK Company Profile
16.8.2 NPK Hydraulic Breaker Product Specification
16.8.3 NPK Hydraulic Breaker Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.9 Volvo
16.9.1 Volvo Company Profile
16.9.2 Volvo Hydraulic Breaker Product Specification
16.9.3 Volvo Hydraulic Breaker Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.10 Breaker Technology Inc
16.10.1 Breaker Technology Inc Company Profile
16.10.2 Breaker Technology Inc Hydraulic Breaker Product Specification
16.10.3 Breaker Technology Inc Hydraulic Breaker Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.11 Hammer srl
16.11.1 Hammer srl Company Profile
16.11.2 Hammer srl Hydraulic Breaker Product Specification
16.11.3 Hammer srl Hydraulic Breaker Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.12 Miller UK
16.12.1 Miller UK Company Profile
16.12.2 Miller UK Hydraulic Breaker Product Specification
16.12.3 Miller UK Hydraulic Breaker Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.13 Takeuchi
16.13.1 Takeuchi Company Profile
16.13.2 Takeuchi Hydraulic Breaker Product Specification
16.13.3 Takeuchi Hydraulic Breaker Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.14 Stanley Hydraulics
16.14.1 Stanley Hydraulics Company Profile
16.14.2 Stanley Hydraulics Hydraulic Breaker Product Specification
16.14.3 Stanley Hydraulics Hydraulic Breaker Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.15 JCB
16.15.1 JCB Company Profile
16.15.2 JCB Hydraulic Breaker Product Specification
16.15.3 JCB Hydraulic Breaker Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.16 John Deere
16.16.1 John Deere Company Profile
16.16.2 John Deere Hydraulic Breaker Product Specification
16.16.3 John Deere Hydraulic Breaker Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.17 Soosan Heavy Industries
16.17.1 Soosan Heavy Industries Company Profile
16.17.2 Soosan Heavy Industries Hydraulic Breaker Product Specification
16.17.3 Soosan Heavy Industries Hydraulic Breaker Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.18 Everdigm
16.18.1 Everdigm Company Profile
16.18.2 Everdigm Hydraulic Breaker Product Specification
16.18.3 Everdigm Hydraulic Breaker Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.19 Nuosen Machinery
16.19.1 Nuosen Machinery Company Profile
16.19.2 Nuosen Machinery Hydraulic Breaker Product Specification
16.19.3 Nuosen Machinery Hydraulic Breaker Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.20 Konekesko
16.20.1 Konekesko Company Profile
16.20.2 Konekesko Hydraulic Breaker Product Specification
16.20.3 Konekesko Hydraulic Breaker Production Capacity, Revenue, Price and Gross Margin (2017-2022)
17 Hydraulic Breaker Manufacturing Cost Analysis
17.1 Hydraulic Breaker Key Raw Materials Analysis
17.1.1 Key Raw Materials
17.2 Proportion of Manufacturing Cost Structure
17.3 Manufacturing Process Analysis of Hydraulic Breaker
17.4 Hydraulic Breaker Industrial Chain Analysis
18 Marketing Channel, Distributors and Customers
18.1 Marketing Channel
18.2 Hydraulic Breaker Distributors List
18.3 Hydraulic Breaker Customers
19 Market Dynamics
19.1 Market Trends
19.2 Opportunities and Drivers
19.3 Challenges
19.4 Porter's Five Forces Analysis
20 Production and Supply Forecast
20.1 Global Forecasted Production of Hydraulic Breaker (2023-2032)
20.2 Global Forecasted Revenue of Hydraulic Breaker (2023-2032)
20.3 Global Forecasted Price of Hydraulic Breaker (2017-2032)
20.4 Global Forecasted Production of Hydraulic Breaker by Region (2023-2032)
20.4.1 North America Hydraulic Breaker Production, Revenue Forecast (2023-2032)
20.4.2 East Asia Hydraulic Breaker Production, Revenue Forecast (2023-2032)
20.4.3 Europe Hydraulic Breaker Production, Revenue Forecast (2023-2032)
20.4.4 South Asia Hydraulic Breaker Production, Revenue Forecast (2023-2032)
20.4.5 Southeast Asia Hydraulic Breaker Production, Revenue Forecast (2023-2032)
20.4.6 Middle East Hydraulic Breaker Production, Revenue Forecast (2023-2032)
20.4.7 Africa Hydraulic Breaker Production, Revenue Forecast (2023-2032)
20.4.8 Oceania Hydraulic Breaker Production, Revenue Forecast (2023-2032)
20.4.9 South America Hydraulic Breaker Production, Revenue Forecast (2023-2032)
20.4.10 Rest of the World Hydraulic Breaker Production, Revenue Forecast (2023-2032)
20.5 Forecast by Type and by Application (2023-2032)
20.5.1 Global Sales Volume, Sales Revenue and Sales Price Forecast by Type (2023-2032)
20.5.2 Global Forecasted Consumption of Hydraulic Breaker by Application (2023-2032)
21 Consumption and Demand Forecast
21.1 North America Forecasted Consumption of Hydraulic Breaker by Country
21.2 East Asia Market Forecasted Consumption of Hydraulic Breaker by Country
21.3 Europe Market Forecasted Consumption of Hydraulic Breaker by Countriy
21.4 South Asia Forecasted Consumption of Hydraulic Breaker by Country
21.5 Southeast Asia Forecasted Consumption of Hydraulic Breaker by Country
21.6 Middle East Forecasted Consumption of Hydraulic Breaker by Country
21.7 Africa Forecasted Consumption of Hydraulic Breaker by Country
21.8 Oceania Forecasted Consumption of Hydraulic Breaker by Country
21.9 South America Forecasted Consumption of Hydraulic Breaker by Country
21.10 Rest of the world Forecasted Consumption of Hydraulic Breaker by Country
22 Research Findings and Conclusion
23 Methodology and Data Source
23.1 Methodology/Research Approach
23.1.1 Research Programs/Design
23.1.2 Market Size Estimation
23.1.3 Market Breakdown and Data Triangulation
23.2 Data Source
23.2.1 Secondary Sources
23.2.2 Primary Sources
23.3 Disclaimer
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Case Study- Automotive Sector
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