Global Hydraulic Breaker Market size was valued at USD 2 Billion in 2024 and is expected to reach USD 3.8 Billion by 2033, at a CAGR of 5.6% during the forecast period 2024 – 2033.
Hydraulic Breaker Market: Overview
A hydraulic breaker is a type of construction equipment used to break through hard rocks and structures. It is equipped with a strong breaker that is mounted to an excavator. It is run by the excavator’s auxiliary hydraulic system, which has a foot-operated valve for that reason.
The growing need for new roads, bridges, tunnels, and other constructions has resulted in a rising demand for handheld hydraulic breakers. With the help of hydraulic breakers, new construction operations require the demolition of older structures.
A rise in pipeline and subterranean electric transmission infrastructure projects is anticipated to fuel the industry’s growth. Moreover, the mining sector has to use enormous hydraulic breakers in rock mines due to the rising aggregate demand needed for growing infrastructure projects.
The hydraulic breaker industry is expanding as a result. One of the main factors propelling the worldwide market for handheld hydraulic breakers is the growth of the building and infrastructure sectors. Moreover, a rise in the need for the most productivity in the quickest amount of time at the lowest cost is anticipated to propel the hydraulic breaker market.
Because of their high productivity, hydraulic breaks are anticipated to grow the hydraulic breaker market over the forecast period.
By type, the premium segment held the highest market share in 2023 and is expected to keep its dominance during the forecast period 2024-2033. The premium segment can be attributed to the growing need for robust and high-performing hydraulic breakers in large-scale mining and construction projects, where clients are prepared to pay more for increased efficiency and productivity.
By application, the breaking oversized material segment held the highest market share in 2023 and is expected to keep its dominance during the forecast period 2024-2033. Hydraulic breakers used in this segment contribute to increased productivity, enhanced safety, and improved precision when dealing with sizable materials.
By end-use industry, the mining segment held the highest market share in 2023 and is expected to keep its dominance during the forecast period 2024-2033. The mining industry relies heavily on hydraulic breakers for rock excavation and is anticipated to drive market growth.
North America is a prominent trend in the Hydraulic Breaker Market mostly due to demand from the mining and construction sectors. The need for hydraulic breakers for excavation and demolition operations is being driven by the region’s expanding construction industry.
Epiroc AB Â is a leading position in the global hydraulic breaker market firm launched its new hydraulic breaker, HB 7000 DP, which is designed for carriers in the 70-85 ton range to improve their position in the market, businesses are concentrating on strategic alliances, product innovation, and mergers and acquisitions.
Report Scope
Feature of the Report | Details |
Market Size in 2024 | USD 2 Billion |
Projected Market Size in 2033 | USD 3.8 Billion |
Market Size in 2023 | USD 1.8 Billion |
CAGR Growth Rate | 5.6% CAGR |
Base Year | 2023 |
Forecast Period | 2024-2033 |
Key Segment | By Type, Application, End-use Industry and Region |
Report Coverage | Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends |
Regional Scope | North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America |
Buying Options | Request tailored purchasing options to fulfil your requirements for research. |
CMI has comprehensively analyzed the Global Hydraulic Breaker market. The driving forces, restraints, challenges, opportunities, and key trends have been explained in depth to depict the in-depth scenario of the market. Segment wise market size and market share during the forecast period are duly addressed to portray the probable picture of this Global Blister Packaging industry.
The competitive landscape includes key innovators, after market service providers, market giants as well as niche players are studied and analyzed extensively concerning their strengths, weaknesses as well as value addition prospects. In addition, this report covers key players profiling, market shares, mergers and acquisitions, consequent market fragmentation, new trends and dynamics in partnerships.
List of the prominent players in the Hydraulic Breaker Market:
- Atlas Copco ABC
- aterpillar Inc.
- Doosan Infracore Co. Ltd.
- Epiroc AB
- Furukawa Rock Drill Co. Ltd.
- Hitachi Construction Machinery Co. Ltd.
- JCB Service
- Komatsu Ltd.
- Montabert SASNPK
- Construction Equipment Inc.
- Sandvik AB
- Soosan Corporation Co. Ltd
- Indeco North America
- NPK Construction Equipment Inc.
- DAEMO ENGINEERING CO. LTD.
- Msat Msb corporation
- Caterpillar Inc
- Others
The Hydraulic Breaker Market is segmented as follows:
By Type
- Premium
- Non-Premium
By Application
- Breaking Oversized Material
- Trenching
- Demolition
- Others
By End-use Industry
- Construction
- Mining
- Others
Regional Coverage:
North America
- U.S.
- Canada
- Mexico
- Rest of North America
Europe
- Germany
- France
- U.K.
- Russia
- Italy
- Spain
- Netherlands
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- New Zealand
- Australia
- South Korea
- Taiwan
- Rest of Asia Pacific
The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of the Middle East & Africa
Latin America
- Brazil
- Argentina
- Rest of Latin America