Hydraulic Breaker Market By Equipment Size, By Type, By Application, By End user industry: Global Opportunity Analysis and Industry Forecast, 2021-2031

Table of Contents

CHAPTER 1: INTRODUCTION
1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research Methodology
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY
2.1. Key findings of the study
2.2. CXO Perspective

CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top investment pockets
3.3. Porter’s five forces analysis
3.4. Market dynamics
3.4.1. Drivers
3.4.1.1. 3.3.1.1. Surge in construction activities in developing countries. Ongoing construction projects of malls, offices, and airports have been witnessed in developing nations of Asia, Africa, and Latin America. For instance, more than 200 malls were built in Brazil in 2021. These malls are multistoried and are constructed on multiple acres of lands, which fuels the demand for heavy construction equipment such as hydraulic breaker. Furthermore, rapid industrialization in developing countries has led to construction of new and luxurious office spaces in major cities of the countries. For instance, major IT parks are being built in India in the last couple of years in tier 1 cities such as Mumbai, Delhi, Pune, Bangalore, and Hyderabad. In addition, several housing projects are under construction in Africa. For example, in February 2022, six new mega social housing projects were planned for South Africa. In addition, in 2021, the Africa's largest 3D-printed affordable housing project started in Kenya. Such infrastructure projects need heavy construction equipment for operation. This in turn drives the growth of the global hydraulic breaker market.

3.4.2. Restraints
3.4.2.1. 3.3.2.1. Lack of skilled and qualified operators Heavy and advanced construction equipment such as hydraulic breaker need trained operators to operate the equipment, as they are equipped with various levers and gears, making them function appropriately. However, one wrong move can lead to several problems such as failure in conducting the desired operations. Furthermore, an equipment operator has to undergo training and get licensed to operate these heavy machines. For instance, in India, it is mandatory for the operator to have valid government-approved license to operate these heavy machines. Owing to this, not all can commercially operate the equipment at construction site. However, some equipment companies offer training to the people to operate such machines, which take time and money of the companies to train them. Thus, dearth of trained operators is a major restraint of the global hydraulic breaker market.

3.4.3. Opportunities
3.4.3.1. 3.3.3.1. Rise in demand for technologically advanced equipment in the mining sector Players in the mining industry have a great opportunity to increase their market presence, with technologically advanced and high-quality products. New developments are expected to make the mining process easier and atomized requiring less time. For instance, in March 2021, Brokk introduced the all new Brokk 900, the world’s largest and most powerful demolition robot. Brokk 900 has 25% more power and meets the new industry benchmark in reliability that Brokk introduced with its SmartPower technology. It comes in two models, the standard Brokk 900 with the most powerful breaker ever put on a demolition robot and Brokk 900 Rotoboom with a high-precision rotating boom system. Furthermore, players in the mining sector are moving toward digitalized and autonomous systems for sustainable mining. Giants such as LKAB, Epiroc, ABB, Combitech, and AB Volvo have collaborated to start a project in the ore mine of northern Sweden. The project includes control systems, improved mining equipment, and efficient management systems that meet the future demands for sustainable mining industry.

3.5. COVID-19 Impact Analysis on the market

CHAPTER 4: HYDRAULIC BREAKER MARKET, BY EQUIPMENT SIZE
4.1 Overview
4.1.1 Market size and forecast
4.2 Small
4.2.1 Key market trends, growth factors and opportunities
4.2.2 Market size and forecast, by region
4.2.3 Market share analysis by country
4.3 Medium
4.3.1 Key market trends, growth factors and opportunities
4.3.2 Market size and forecast, by region
4.3.3 Market share analysis by country
4.4 Large
4.4.1 Key market trends, growth factors and opportunities
4.4.2 Market size and forecast, by region
4.4.3 Market share analysis by country

CHAPTER 5: HYDRAULIC BREAKER MARKET, BY TYPE
5.1 Overview
5.1.1 Market size and forecast
5.2 Premium
5.2.1 Key market trends, growth factors and opportunities
5.2.2 Market size and forecast, by region
5.2.3 Market share analysis by country
5.3 Non-premium
5.3.1 Key market trends, growth factors and opportunities
5.3.2 Market size and forecast, by region
5.3.3 Market share analysis by country

CHAPTER 6: HYDRAULIC BREAKER MARKET, BY APPLICATION
6.1 Overview
6.1.1 Market size and forecast
6.2 Breaking Oversized Material
6.2.1 Key market trends, growth factors and opportunities
6.2.2 Market size and forecast, by region
6.2.3 Market share analysis by country
6.3 Trenching
6.3.1 Key market trends, growth factors and opportunities
6.3.2 Market size and forecast, by region
6.3.3 Market share analysis by country
6.4 Demolition
6.4.1 Key market trends, growth factors and opportunities
6.4.2 Market size and forecast, by region
6.4.3 Market share analysis by country
6.5 Others
6.5.1 Key market trends, growth factors and opportunities
6.5.2 Market size and forecast, by region
6.5.3 Market share analysis by country

CHAPTER 7: HYDRAULIC BREAKER MARKET, BY END USER INDUSTRY
7.1 Overview
7.1.1 Market size and forecast
7.2 Construction
7.2.1 Key market trends, growth factors and opportunities
7.2.2 Market size and forecast, by region
7.2.3 Market share analysis by country
7.3 Mining
7.3.1 Key market trends, growth factors and opportunities
7.3.2 Market size and forecast, by region
7.3.3 Market share analysis by country
7.4 Others
7.4.1 Key market trends, growth factors and opportunities
7.4.2 Market size and forecast, by region
7.4.3 Market share analysis by country

CHAPTER 8: HYDRAULIC BREAKER MARKET, BY REGION
8.1 Overview
8.1.1 Market size and forecast
8.2 North America
8.2.1 Key trends and opportunities
8.2.2 North America Market size and forecast, by Equipment Size
8.2.3 North America Market size and forecast, by Type
8.2.4 North America Market size and forecast, by Application
8.2.5 North America Market size and forecast, by End user industry
8.2.6 North America Market size and forecast, by country
8.2.6.1 U. S.
8.2.6.1.1 Key market trends, growth factors and opportunities
8.2.6.1.2 Market size and forecast, by Equipment Size
8.2.6.1.3 Market size and forecast, by Type
8.2.6.1.4 Market size and forecast, by Application
8.2.6.1.5 Market size and forecast, by End user industry
8.2.6.2 Canada
8.2.6.2.1 Key market trends, growth factors and opportunities
8.2.6.2.2 Market size and forecast, by Equipment Size
8.2.6.2.3 Market size and forecast, by Type
8.2.6.2.4 Market size and forecast, by Application
8.2.6.2.5 Market size and forecast, by End user industry
8.2.6.3 Mexico
8.2.6.3.1 Key market trends, growth factors and opportunities
8.2.6.3.2 Market size and forecast, by Equipment Size
8.2.6.3.3 Market size and forecast, by Type
8.2.6.3.4 Market size and forecast, by Application
8.2.6.3.5 Market size and forecast, by End user industry
8.3 Europe
8.3.1 Key trends and opportunities
8.3.2 Europe Market size and forecast, by Equipment Size
8.3.3 Europe Market size and forecast, by Type
8.3.4 Europe Market size and forecast, by Application
8.3.5 Europe Market size and forecast, by End user industry
8.3.6 Europe Market size and forecast, by country
8.3.6.1 Germany
8.3.6.1.1 Key market trends, growth factors and opportunities
8.3.6.1.2 Market size and forecast, by Equipment Size
8.3.6.1.3 Market size and forecast, by Type
8.3.6.1.4 Market size and forecast, by Application
8.3.6.1.5 Market size and forecast, by End user industry
8.3.6.2 UK
8.3.6.2.1 Key market trends, growth factors and opportunities
8.3.6.2.2 Market size and forecast, by Equipment Size
8.3.6.2.3 Market size and forecast, by Type
8.3.6.2.4 Market size and forecast, by Application
8.3.6.2.5 Market size and forecast, by End user industry
8.3.6.3 France
8.3.6.3.1 Key market trends, growth factors and opportunities
8.3.6.3.2 Market size and forecast, by Equipment Size
8.3.6.3.3 Market size and forecast, by Type
8.3.6.3.4 Market size and forecast, by Application
8.3.6.3.5 Market size and forecast, by End user industry
8.3.6.4 Italy
8.3.6.4.1 Key market trends, growth factors and opportunities
8.3.6.4.2 Market size and forecast, by Equipment Size
8.3.6.4.3 Market size and forecast, by Type
8.3.6.4.4 Market size and forecast, by Application
8.3.6.4.5 Market size and forecast, by End user industry
8.3.6.5 Spain
8.3.6.5.1 Key market trends, growth factors and opportunities
8.3.6.5.2 Market size and forecast, by Equipment Size
8.3.6.5.3 Market size and forecast, by Type
8.3.6.5.4 Market size and forecast, by Application
8.3.6.5.5 Market size and forecast, by End user industry
8.3.6.6 Denmark
8.3.6.6.1 Key market trends, growth factors and opportunities
8.3.6.6.2 Market size and forecast, by Equipment Size
8.3.6.6.3 Market size and forecast, by Type
8.3.6.6.4 Market size and forecast, by Application
8.3.6.6.5 Market size and forecast, by End user industry
8.3.6.7 Norway
8.3.6.7.1 Key market trends, growth factors and opportunities
8.3.6.7.2 Market size and forecast, by Equipment Size
8.3.6.7.3 Market size and forecast, by Type
8.3.6.7.4 Market size and forecast, by Application
8.3.6.7.5 Market size and forecast, by End user industry
8.3.6.8 Sweden
8.3.6.8.1 Key market trends, growth factors and opportunities
8.3.6.8.2 Market size and forecast, by Equipment Size
8.3.6.8.3 Market size and forecast, by Type
8.3.6.8.4 Market size and forecast, by Application
8.3.6.8.5 Market size and forecast, by End user industry
8.3.6.9 Finland
8.3.6.9.1 Key market trends, growth factors and opportunities
8.3.6.9.2 Market size and forecast, by Equipment Size
8.3.6.9.3 Market size and forecast, by Type
8.3.6.9.4 Market size and forecast, by Application
8.3.6.9.5 Market size and forecast, by End user industry
8.3.6.10 Rest of Europe
8.3.6.10.1 Key market trends, growth factors and opportunities
8.3.6.10.2 Market size and forecast, by Equipment Size
8.3.6.10.3 Market size and forecast, by Type
8.3.6.10.4 Market size and forecast, by Application
8.3.6.10.5 Market size and forecast, by End user industry
8.4 Asia-Pacific
8.4.1 Key trends and opportunities
8.4.2 Asia-Pacific Market size and forecast, by Equipment Size
8.4.3 Asia-Pacific Market size and forecast, by Type
8.4.4 Asia-Pacific Market size and forecast, by Application
8.4.5 Asia-Pacific Market size and forecast, by End user industry
8.4.6 Asia-Pacific Market size and forecast, by country
8.4.6.1 China
8.4.6.1.1 Key market trends, growth factors and opportunities
8.4.6.1.2 Market size and forecast, by Equipment Size
8.4.6.1.3 Market size and forecast, by Type
8.4.6.1.4 Market size and forecast, by Application
8.4.6.1.5 Market size and forecast, by End user industry
8.4.6.2 Japan
8.4.6.2.1 Key market trends, growth factors and opportunities
8.4.6.2.2 Market size and forecast, by Equipment Size
8.4.6.2.3 Market size and forecast, by Type
8.4.6.2.4 Market size and forecast, by Application
8.4.6.2.5 Market size and forecast, by End user industry
8.4.6.3 South Korea
8.4.6.3.1 Key market trends, growth factors and opportunities
8.4.6.3.2 Market size and forecast, by Equipment Size
8.4.6.3.3 Market size and forecast, by Type
8.4.6.3.4 Market size and forecast, by Application
8.4.6.3.5 Market size and forecast, by End user industry
8.4.6.4 India
8.4.6.4.1 Key market trends, growth factors and opportunities
8.4.6.4.2 Market size and forecast, by Equipment Size
8.4.6.4.3 Market size and forecast, by Type
8.4.6.4.4 Market size and forecast, by Application
8.4.6.4.5 Market size and forecast, by End user industry
8.4.6.5 Australia
8.4.6.5.1 Key market trends, growth factors and opportunities
8.4.6.5.2 Market size and forecast, by Equipment Size
8.4.6.5.3 Market size and forecast, by Type
8.4.6.5.4 Market size and forecast, by Application
8.4.6.5.5 Market size and forecast, by End user industry
8.4.6.6 Rest of Asia-Pacific
8.4.6.6.1 Key market trends, growth factors and opportunities
8.4.6.6.2 Market size and forecast, by Equipment Size
8.4.6.6.3 Market size and forecast, by Type
8.4.6.6.4 Market size and forecast, by Application
8.4.6.6.5 Market size and forecast, by End user industry
8.5 LAMEA
8.5.1 Key trends and opportunities
8.5.2 LAMEA Market size and forecast, by Equipment Size
8.5.3 LAMEA Market size and forecast, by Type
8.5.4 LAMEA Market size and forecast, by Application
8.5.5 LAMEA Market size and forecast, by End user industry
8.5.6 LAMEA Market size and forecast, by country
8.5.6.1 Latin America
8.5.6.1.1 Key market trends, growth factors and opportunities
8.5.6.1.2 Market size and forecast, by Equipment Size
8.5.6.1.3 Market size and forecast, by Type
8.5.6.1.4 Market size and forecast, by Application
8.5.6.1.5 Market size and forecast, by End user industry
8.5.6.2 Middle East
8.5.6.2.1 Key market trends, growth factors and opportunities
8.5.6.2.2 Market size and forecast, by Equipment Size
8.5.6.2.3 Market size and forecast, by Type
8.5.6.2.4 Market size and forecast, by Application
8.5.6.2.5 Market size and forecast, by End user industry
8.5.6.3 Africa
8.5.6.3.1 Key market trends, growth factors and opportunities
8.5.6.3.2 Market size and forecast, by Equipment Size
8.5.6.3.3 Market size and forecast, by Type
8.5.6.3.4 Market size and forecast, by Application
8.5.6.3.5 Market size and forecast, by End user industry

CHAPTER 9: COMPANY LANDSCAPE
9.1. Introduction
9.2. Top winning strategies
9.3. Product Mapping of Top 10 Player
9.4. Top player positioning, 2021
9.5. Competitive Dashboard
9.6. Competitive Heatmap
9.7. Key developments

CHAPTER 10: COMPANY PROFILES
10.1 NPK Construction Equipment, Inc.
10.1.1 Company overview
10.1.2 Key Executives
10.1.3 Company snapshot
10.1.4 Operating business segments
10.1.5 Product portfolio
10.1.6 Business performance
10.1.7 Key strategic moves and developments
10.2 Soosan Heavy Industries Co., Ltd.
10.2.1 Company overview
10.2.2 Key Executives
10.2.3 Company snapshot
10.2.4 Operating business segments
10.2.5 Product portfolio
10.2.6 Business performance
10.2.7 Key strategic moves and developments
10.3 Sandvik AB
10.3.1 Company overview
10.3.2 Key Executives
10.3.3 Company snapshot
10.3.4 Operating business segments
10.3.5 Product portfolio
10.3.6 Business performance
10.3.7 Key strategic moves and developments
10.4 Msat Msb corporation
10.4.1 Company overview
10.4.2 Key Executives
10.4.3 Company snapshot
10.4.4 Operating business segments
10.4.5 Product portfolio
10.4.6 Business performance
10.4.7 Key strategic moves and developments
10.5 Indeco North America
10.5.1 Company overview
10.5.2 Key Executives
10.5.3 Company snapshot
10.5.4 Operating business segments
10.5.5 Product portfolio
10.5.6 Business performance
10.5.7 Key strategic moves and developments
10.6 Montabert
10.6.1 Company overview
10.6.2 Key Executives
10.6.3 Company snapshot
10.6.4 Operating business segments
10.6.5 Product portfolio
10.6.6 Business performance
10.6.7 Key strategic moves and developments
10.7 Caterpillar Inc.
10.7.1 Company overview
10.7.2 Key Executives
10.7.3 Company snapshot
10.7.4 Operating business segments
10.7.5 Product portfolio
10.7.6 Business performance
10.7.7 Key strategic moves and developments
10.8 DAEMO ENGINEERING CO., LTD.
10.8.1 Company overview
10.8.2 Key Executives
10.8.3 Company snapshot
10.8.4 Operating business segments
10.8.5 Product portfolio
10.8.6 Business performance
10.8.7 Key strategic moves and developments
10.9 FURUKAWA CO., LTD.
10.9.1 Company overview
10.9.2 Key Executives
10.9.3 Company snapshot
10.9.4 Operating business segments
10.9.5 Product portfolio
10.9.6 Business performance
10.9.7 Key strategic moves and developments
10.10 Epiroc AB
10.10.1 Company overview
10.10.2 Key Executives
10.10.3 Company snapshot
10.10.4 Operating business segments
10.10.5 Product portfolio
10.10.6 Business performance
10.10.7 Key strategic moves and developments

Executive Summary

According to this report, titled, 'Hydraulic Breaker Market,' The hydraulic breaker market was valued at $2 billion in 2021, and is estimated to reach $3.5 billion by 2031, growing at a CAGR of 5.7% from 2022 to 2031.

A hydraulic breaker is a construction equipment used to destroy hard rocks and buildings by attaching a powerful breaker to an excavator. It is propelled by the auxiliary hydraulic system of the excavator, which features a foot valve for this purpose. A tiny canister that stores pressurized hydraulic fluid emits high pressure. There are several different power capacities available for hydraulic breakers, including small (up to 10 tons), medium (11-30 tons), and large (31-plus tons). They are employed in the building and mining industries.

The development of infrastructure, residential areas, and commercial buildings has boosted the demand for hydraulic breakers. Additionally, the expansion of the hydraulic breakers market is anticipated to be fueled by the rising need for roads, highways, bridges, and tunnels and the rise in population. Other advantages of hydraulic breakers that contribute to the market expansion include high productivity, high impact performance, energy recovery that increases output each shift, and reduced energy & fuel consumption.

As a result, several large corporations are concentrating on producing cutting-edge hydraulic breakers for use in mining and construction. In addition, the industry is expanding profitably as a result of increased government spending on mining and infrastructure projects. However, it is projected that a scarcity of skilled and certified workers and a decline in new building will impede market expansion.

In nations like India, China, and Japan, urbanization and industrialization have increased the demand for hydraulic breakers. The market for hydraulic breakers is expanding as a result of rising government spending in infrastructure projects. For instance, the National Highways Authority of India announced intentions to construct 25,000 km of national highways at a speed of 50 km per day in 2022-2023 in March 2022. Therefore, it is anticipated that each of these factors will contribute to the growth of the Asia-Pacific hydraulic breaker market. However, it is anticipated that a lack of qualified workers and a decline in new building will impede market expansion.

In addition, the outbreak of COVID-19 has led to halt in logistic and manufacturing activities across the globe, which, in turn, has led to interruption of supply chain, thereby hindering growth of the hydraulic breaker market. However, this situation is expected to improve as government is relaxing norms around the world for resuming business activities.

The rise in government spending on coal, metal, and mineral mining is the cause of the rising demand for hydraulic breakers. For instance, the Russian government declared its $1.5 billion investment in infrastructure and rare earth mining in October 2020. Such elements raise the demand for hydraulic breakers and offer numerous chances for market expansion.

The global hydraulic breaker market is segmented into equipment size, type, application, end user industry, and region. On the basis of equipment size, the market is divided into small, medium and large. Depending on type, it is classified into premium and non-premium. By application, it is segregated into breaking oversized material, trenching, demolition and others. On the basis of end user industry, it is further classified as construction, mining, and others. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

COMPETITION ANALYSIS

The major players profiled in the hydraulic breaker market include CATERPILLAR INC., DAEMO ENGINEERING CO., LTD., EPIROC, FURUKAWA CO., LTD., INDECO, MONTABERT, msat - msb corporation, NPK CONSTRUCTION EQUIPMENT, INC., SANDVIK, and SOOSAN CORPORATION Co., Ltd.

Major companies in the market have adopted acquisition, partnership and business expansion as their key developmental strategies to offer better products and services to customers in the hydraulic breaker market.

KEY FINDINGS OF THE STUDY

The report provides an extensive analysis of the current and emerging global hydraulic breaker market trends and dynamics.

Depending on equipment size, the large segment was the largest revenue generator in 2021.

By type, the premium segment generated the highest revenue in 2021.

Based on application, the breaking oversized material segment dominated the market in 2021.

Based on end user industry, the mining segment dominated the market in 2021.

Region wise, Asia-Pacific dominated the market in 2021 and anticipated to dominate the global hydraulic breaker market throughout the study period.

The report provides an extensive analysis of the global hydraulic breaker market trends and emerging opportunities of the market.

The global hydraulic breaker market forecast analysis from 2021 to 2031 is included in the report.

Companies Mentioned

• Npk Construction Equipment, Inc.
• Soosan Heavy Industries Co. Ltd.
• Sandvik Ab
• Msat Msb Corporation
• Indeco North America
• Montabert
• Caterpillar Inc.
• Daemo Engineering Co. Ltd.
• Furukawa Co. Ltd.
• Epiroc Ab

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

• Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
• Scientific and technical writings for product information and related preemptions
• Regional government and statistical databases for macro analysis
• Authentic news articles and other related releases for market evaluation
• Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.