The global jackhammer market size reached US$ 489.2 Million in 2023. Looking forward, the publisher expects the market to reach US$ 732.7 Million by 2032, exhibiting a growth rate (CAGR) of 4.6% during 2023-2032.
Jackhammer refers to an electro-mechanical tool that is generally used for breaking pavements, concretes, and rocks. It is a percussive rock drilling equipment that is usually equipped with a piledriver, valve, and drill bit. Some of the commonly available jackhammer variants in the market include hydraulic, electric, and pneumatic. In comparison to traditional handheld hammers, it is durable, faster and requires low maintenance while minimizing grip pressure and effort for the operator.
2. What is the expected growth rate of the global jackhammer market during 2024-2032?
3. What are the key factors driving the global jackhammer market?
4. What has been the impact of COVID-19 on the global jackhammer market?
5. What is the breakup of the global jackhammer market based on the type?
6. What is the breakup of the global jackhammer market based on the application?
7. What are the key regions in the global jackhammer market?
8. Who are the key players/companies in the global jackhammer market?
Jackhammer refers to an electro-mechanical tool that is generally used for breaking pavements, concretes, and rocks. It is a percussive rock drilling equipment that is usually equipped with a piledriver, valve, and drill bit. Some of the commonly available jackhammer variants in the market include hydraulic, electric, and pneumatic. In comparison to traditional handheld hammers, it is durable, faster and requires low maintenance while minimizing grip pressure and effort for the operator.
Jackhammer Market Trends:
The global market is primarily driven by significant growth in the construction sector. Along with this, rising investments by private and public agencies in infrastructural development projects, including commercial and residential spaces, are providing an impetus to the market growth across the globe. In line with this, the increasing constructional activities of railways tracks, tunnels, and flyovers across numerous countries are also contributing to the market growth. Moreover, continual technological advancements in the sector are positively influencing the market growth on the global level. Also, the widespread integration of advanced features with jackhammers, such as shock-proof handles, is acting as a major growth-inducing factor. Furthermore, the extensive utilization of jackhammers for mining and well drilling activities is creating a positive outlook for the market on the global level. Some of the other factors contributing to the market growth include rapid industrialization and extensive research and development (R&D) activities conducted by key players to introduce improved product variants.Key Market Segmentation:
The publisher provides an analysis of the key trends in each sub-segment of the global jackhammer market report, along with forecasts at the global, regional and country level from 2024-2032. The report has categorized the market based on type and application.Breakup by Type:
- Pneumatic
- Electric
- Hydraulic
Breakup by Application:
- Construction
- Mining
- Tunneling
- Well Drilling
Breakup by Region:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape:
- The competitive landscape of the industry has also been examined along with the profiles of the key players being Atlas Copco AB, Einhell Germany AG, Hilti Corporation, INDECO ind S.p.a., Koki Holdings Co. Ltd., Makita Corporation, Robert Bosch GmbH, Stanley Black & Decker Inc., Techtronic Industries Co. Ltd. and TR Industrial.
Key Questions Answered in This Report
1. What was the size of the global jackhammer market in 2023?2. What is the expected growth rate of the global jackhammer market during 2024-2032?
3. What are the key factors driving the global jackhammer market?
4. What has been the impact of COVID-19 on the global jackhammer market?
5. What is the breakup of the global jackhammer market based on the type?
6. What is the breakup of the global jackhammer market based on the application?
7. What are the key regions in the global jackhammer market?
8. Who are the key players/companies in the global jackhammer market?
Table of Contents
1 Preface3 Executive Summary10 Value Chain Analysis12 Price Analysis
2 Scope and Methodology
4 Introduction
5 Global Jackhammer Market
6 Market Breakup by Type
7 Market Breakup by Application
8 Market Breakup by Region
9 SWOT Analysis
11 Porters Five Forces Analysis
13 Competitive Landscape
List of Figures
List of Tables
Companies Mentioned
- Atlas Copco AB
- Einhell Germany AG
- Hilti Corporation
- INDECO ind S.p.a.
- Koki Holdings Co. Ltd.
- Makita Corporation
- Robert Bosch GmbH
- Stanley Black & Decker Inc.
- Techtronic Industries Co. Ltd
- TR Industrial
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 148 |
| Published | March 2024 |
| Forecast Period | 2023 - 2032 |
| Estimated Market Value ( USD | $ 489.2 Million |
| Forecasted Market Value ( USD | $ 732.7 Million |
| Compound Annual Growth Rate | 4.6% |
| Regions Covered | Global |
| No. of Companies Mentioned | 10 |
