Hydraulic Breaker Market Size, Trends and Insights By Type (Premium, Non-Premium), By Application (Breaking Oversized Material, Trenching, Demolition, Others), By End-use Industry (Construction, Mining, Others), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2024–2033
Report Snapshot
| Study Period: | 2024-2033 |
| Fastest Growing Market: | Asia-Pacific |
| Largest Market: | Europe |
Major Players
- Atlas Copco ABC
- aterpillar Inc.
- Doosan Infracore Co. Ltd.
- Epiroc AB
- Furukawa Rock Drill Co. Ltd.
- Hitachi Construction Machinery Co. Ltd.
- Others
Reports Description
Global Hydraulic Breaker Market 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.
A hydraulic breaker is a powerful piece of heavy-duty equipment used in construction projects that is intended to dismantle and break apart huge boulders, concrete, asphalt, and other materials.
Hydraulic Breaker Market: Growth Factors
Growth in mining industry
Hydraulic breakers are widely used in the mining industry for the demolition and breaking down of structures and materials, which is increasing the demand for this equipment. In mining operations, hydraulic breakers are widely utilized for breaking and demolishing rocks, concrete, and other hard materials.
As the demand for metals, minerals, and construction materials increases, mining activities are expanding globally.
In the mining application hydraulic breakers offer several advantages such as improved productivity (mining businesses may lower labour costs and boost output by using hydraulic breakers.), versatility( it used for primary and secondary breaking of rocks, making them appropriate for various mining activities)and high efficiency (mining businesses may reduce labour costs and enhance output by using hydraulic breakers.)
The increasing demand for coal, metal, and minerals is dynamic in the growth of the hydraulic breaker market. The growth in the mining industry, driven by the increasing demand for metals, minerals, and construction materials, is a significant factor in the hydraulic breaker market.
Increasing demand for demolition activities
The increasing demand for demolition activities is a significant driver of the hydraulic breaker market. In demolition projects, hydraulic breakers are frequently utilized to fracture and dismantle rock, concrete, and rubber.
Demolition and recycling processes are becoming more and more necessary as worldwide construction and infrastructure development activities increase.
With the rapid growth in construction activities in India, it is appropriate to link the generation of construction and demolition waste with the growth of the construction industry and related issues. In these procedures, hydraulic breakers are essential because they disassemble big buildings into smaller, more manageable pieces for recycling or disposal.
The emphasis on sustainable practices and the need for demolition methods have further lend to the demand for hydraulic breakers. Furthermore, the rising number of construction projects, including residential, commercial, and industrial sectors, has fuelled the demand for hydraulic breakers.
These breakers are essential for site preparation, foundation work, and the demolition of current arrangements to allow for future advancements. Additionally, the market is expanding because the mining sector uses hydraulic breakers extensively for rock excavation and demolition.
Mining operations are growing in response to the growing demand for metals, minerals, and building materials, which raises the need for hydraulic breakers.
Hydraulic Breaker Market: Restraints
Availability of substitute products
The hydraulic breaker market faces challenges from the availability of substitute products that offer alternative methods for breaking and demolishing materials. One notable substitute is the use of alternative equipment such as rock crushers, jackhammers, and explosives.
Each of these alternatives presents advantages and limitations that impact their suitability for specific applications. Rock crushers offer an efficient means of breaking down large rocks and concrete structures, particularly in quarries and construction sites where large volumes of material need to be processed.
Jackhammers provide a portable and versatile solution for breaking concrete and asphalt, but they are typically less powerful and efficient than hydraulic breakers, especially for heavy-duty tasks or when dealing with hard materials.
Despite these substitutes, hydraulic breakers remain preferred in various industries due to their versatility, precision, efficiency, and safety features. Manufacturers continually innovate to enhance the performance and capabilities of hydraulic breakers, mitigating the impact of substitute products on the market.
Additionally, factors such as cost-effectiveness, ease of operation, and environmental considerations further contribute to the continued demand for hydraulic breakers in construction, mining, demolition, and other industries.
Hydraulic Breaker Market: Opportunities
Growth in the building and infrastructure sectors
The hydraulic breaker market is experiencing significant growth propelled by the expansion of the building and infrastructure sectors worldwide. As urbanization accelerates and populations increase, there’s a rising demand for the construction and development of various infrastructure projects, including roads, bridges, buildings, and utilities.
Hydraulic breakers, also known as rock breakers or hydraulic hammers, play a crucial role in these projects by facilitating efficient demolition, excavation, and rock-breaking activities. One of the primary drivers behind the increased adoption of hydraulic breakers is their ability to enhance productivity and efficiency on construction sites.
These powerful attachments, typically mounted on excavators or other heavy machinery, deliver high impact force to break through tough materials like concrete, asphalt, and rock quickly and effectively. Moreover, as construction projects become more complex and demanding, there’s a growing need for versatile and reliable equipment like hydraulic breakers.
Manufacturers are responding to this demand by introducing innovative features such as advanced hydraulic systems, improved durability, and enhanced safety features. Overall, the growth in the building and infrastructure sectors worldwide is expected to continue driving the hydraulic breaker market, with opportunities for expansion and innovation to meet evolving industry needs.
Hydraulic Breaker Market: Segmentation Analysis
The Global Hydraulic Breaker Market is segmented by type, by application, by end-use industry and region. Based on type, the market is classified into Premium and Non-Premium. Premium dominated the market in 2023 with a market share of 65.5% and is expected to keep its dominance during the forecast period 2024-2033.
The premium type hydraulic breaker market is experiencing significant growth driven by several factors. These high-end hydraulic breakers are engineered for heavy-duty applications, offering superior performance, durability, and reliability compared to standard models.
One key driver is the expansion of construction and mining activities globally, particularly in developing regions like Asia Pacific and Latin America, where infrastructure development and urbanization projects are driving demand for advanced equipment.
Premium hydraulic breakers are equipped with features such as advanced damping systems, auto-greasing mechanisms, and energy recovery systems, enhancing efficiency and reducing maintenance requirements.
Moreover, the rise in demand for precision demolition and excavation techniques in urban areas is fuelling the adoption of premium hydraulic breakers, as they offer greater control and precision in breaking operations while minimizing collateral damage.
Technological advancements, such as the integration of telematics and remote monitoring capabilities, are further propelling market growth by enabling operators to optimize performance and productivity. Additionally, stringent safety regulations and the emphasis on operator comfort and ergonomics are driving the demand for premium hydraulic breakers equipped with safety features and ergonomic designs.
Based on application, the market is classified into breaking oversized material, trenching, demolition, and others. The breaking oversized material segment dominated the market in 2023 with a market share of 49.5% and is expected to keep its dominance during the forecast period 2024-2033.
The breaking oversized material segment corresponds with current demolition and construction industry trends, which emphasize reusing old buildings and materials. Hydraulic breakers used in this segment contribute to increased productivity, enhanced safety, and improved precision when dealing with sizable materials
Based on end-use industry, the market is classified into construction, mining, and others. The mining segment dominated the market in 2023 with a market share of 41.8% and is expected to keep its dominance during the forecast period 2024-2033.
The mining sector propels the hydraulic breaker market forward, primarily due to its indispensable role in rock excavation and demolition tasks within mining operations. Hydraulic breakers, also known as rock breakers or hammers, are robust attachments fitted to excavators or other heavy machinery.
They utilize hydraulic power to deliver high-impact blows to break and fragment hard materials like rocks and concrete. In mining, hydraulic breakers are essential for tasks such as tunnelling, quarrying, and ore extraction, where precise and efficient rock fragmentation is crucial for productivity and safety.
The increasing demand for metals and minerals globally has spurred mining activities, consequently driving the demand for hydraulic breakers. Technological advancements, such as enhanced durability, efficiency, and noise reduction features, are further fuelling market growth.
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. |
Hydraulic Breaker Market: Regional Analysis
By region, Hydraulic Breaker Market is segmented into North America, Europe, Asia-Pacific, Latin America, the Middle East & Africa. The Asia-Pacific dominated the Hydraulic Breaker Market in 2023 with a market share of 43.6% and is expected to keep its dominance during the forecast period 2024-2033.
The Asia-Pacific region is a driving force in the hydraulic breaker market due to robust infrastructure development and construction activities. Countries like China, India, Japan, and South Korea are experiencing rapid urbanization, leading to increased demand for hydraulic breakers in various applications such as demolition, quarrying, mining, and road construction.
The growing emphasis on infrastructure projects, including highways, railways, bridges, and tunnels, further fuels the demand for hydraulic breakers to facilitate excavation and rock breaking tasks efficiently.
Additionally, initiatives aimed at improving construction efficiency and productivity are encouraging the adoption of advanced hydraulic breaker technologies in the region. For instance, in January 2023, The Federal Highway Administration (FHWA) declared that it would invest USD 2.1 billion in infrastructure upgrades for bridges.
Hydraulic Breaker Market: Recent Developments
- In February 2022, Komatsu’s signed an agreement with Tramac to fully take over the distributor’s operations in the United States and Canada.
- In November 2021, Sandvik launched a new third-generation 3 series of mobile crushers and screening machines the medium-sized impactor QI353. Sandvik claims that QI353, which aims to enhance productivity, uptime, efficiency, flexibility, connection, and security, is based on customer feedback.
- In April 2021, DandA Heavy Industries, a South Korean maker of hydraulic breakers, and Epiroc, a firm that focuses on increasing efficiency and sustainability in the mining and infrastructure industries, entered into an acquisition agreement.
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
These key players are adopting various growth strategies such as mergers & acquisitions, joint ventures, expansion, strategic alliances, new product launches, etc. to enhance their business operations and revenues.
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
Table of Contents
- Chapter 1. Preface
- 1.1 Report Description and Scope
- 1.2 Research scope
- 1.3 Research methodology
- 1.3.1 Market Research Type
- 1.3.2 Market Research Methodology
- Chapter 2. Executive Summary
- 2.1 Global Hydraulic Breaker Market, (2024 – 2033) (USD Billion)
- 2.2 Global Hydraulic Breaker Market: snapshot
- Chapter 3. Global Hydraulic Breaker Market – Industry Analysis
- 3.1 Hydraulic Breaker Market: Market Dynamics
- 3.2 Market Drivers
- 3.2.1 Growth in the mining industry
- 3.2.2 Growth in the mining industry
- 3.2.3 Increasing demand for demolition activities
- 3.3 Market Restraints
- 3.4 Market Opportunities
- 3.5 Market Challenges
- 3.6 Porter’s Five Forces Analysis
- 3.7 Market Attractiveness Analysis
- 3.7.1 Market Attractiveness Analysis By Type
- 3.7.2 Market Attractiveness Analysis By Application
- 3.7.3 Market Attractiveness Analysis By End-use Industry
- Chapter 4. Global Hydraulic Breaker Market- Competitive Landscape
- 4.1 Company market share analysis
- 4.1.1 Global Hydraulic Breaker Market: Company Market Share, 2023
- 4.2 Strategic development
- 4.2.1 Acquisitions & mergers
- 4.2.2 New Product launches
- 4.2.3 Agreements, partnerships, collaboration, and joint ventures
- 4.2.4 Research and development and Regional expansion
- 4.3 Price trend analysis
- 4.1 Company market share analysis
- Chapter 5. Global Hydraulic Breaker Market – Type Analysis
- 5.1 Global Hydraulic Breaker Market Overview: By Type
- 5.1.1 Global Hydraulic Breaker Market Share, By Type, 2023 and 2033
- 5.2 Premium
- 5.2.1 Global Hydraulic Breaker Market by Premium, 2024 – 2033 (USD Billion)
- 5.3 Non-Premium
- 5.3.1 Global Hydraulic Breaker Market by Non-Premium, 2024 – 2033 (USD Billion)
- 5.1 Global Hydraulic Breaker Market Overview: By Type
- Chapter 6. Global Hydraulic Breaker Market – Application Analysis
- 6.1 Global Hydraulic Breaker Market Overview: By Application
- 6.1.1 Global Hydraulic Breaker Market Share, By Application, 2023 and 2033
- 6.2 Breaking Oversized Material
- 6.2.1 Global Hydraulic Breaker Market by Breaking Oversized Material, 2024 – 2033 (USD Billion)
- 6.3 Trenching
- 6.3.1 Global Hydraulic Breaker Market by Trenching, 2024 – 2033 (USD Billion)
- 6.4 Demolition
- 6.4.1 Global Hydraulic Breaker Market by Demolition, 2024 – 2033 (USD Billion)
- 6.5 Others
- 6.5.1 Global Hydraulic Breaker Market by Others, 2024 – 2033 (USD Billion)
- 6.1 Global Hydraulic Breaker Market Overview: By Application
- Chapter 7. Global Hydraulic Breaker Market – End-use Industry Analysis
- 7.1 Global Hydraulic Breaker Market Overview: By End-use Industry
- 7.1.1 Global Hydraulic Breaker Market Share, By End-use Industry, 2023 and 2033
- 7.2 Construction
- 7.2.1 Global Hydraulic Breaker Market by Construction, 2024 – 2033 (USD Billion)
- 7.3 Mining
- 7.3.1 Global Hydraulic Breaker Market by Mining, 2024 – 2033 (USD Billion)
- 7.4 Others
- 7.4.1 Global Hydraulic Breaker Market by Others, 2024 – 2033 (USD Billion)
- 7.1 Global Hydraulic Breaker Market Overview: By End-use Industry
- Chapter 8. Hydraulic Breaker Market – Regional Analysis
- 8.1 Global Hydraulic Breaker Market Regional Overview
- 8.2 Global Hydraulic Breaker Market Share, by Region, 2023 & 2033 (USD Billion)
- 8.3. North America
- 8.3.1 North America Hydraulic Breaker Market, 2024 – 2033 (USD Billion)
- 8.3.1.1 North America Hydraulic Breaker Market, by Country, 2024 – 2033 (USD Billion)
- 8.3.1 North America Hydraulic Breaker Market, 2024 – 2033 (USD Billion)
- 8.4 North America Hydraulic Breaker Market, by Type, 2024 – 2033
- 8.4.1 North America Hydraulic Breaker Market, by Type, 2024 – 2033 (USD Billion)
- 8.5 North America Hydraulic Breaker Market, by Application, 2024 – 2033
- 8.5.1 North America Hydraulic Breaker Market, by Application, 2024 – 2033 (USD Billion)
- 8.6 North America Hydraulic Breaker Market, by End-use Industry, 2024 – 2033
- 8.6.1 North America Hydraulic Breaker Market, by End-use Industry, 2024 – 2033 (USD Billion)
- 8.7. Europe
- 8.7.1 Europe Hydraulic Breaker Market, 2024 – 2033 (USD Billion)
- 8.7.1.1 Europe Hydraulic Breaker Market, by Country, 2024 – 2033 (USD Billion)
- 8.7.1 Europe Hydraulic Breaker Market, 2024 – 2033 (USD Billion)
- 8.8 Europe Hydraulic Breaker Market, by Type, 2024 – 2033
- 8.8.1 Europe Hydraulic Breaker Market, by Type, 2024 – 2033 (USD Billion)
- 8.9 Europe Hydraulic Breaker Market, by Application, 2024 – 2033
- 8.9.1 Europe Hydraulic Breaker Market, by Application, 2024 – 2033 (USD Billion)
- 8.10 Europe Hydraulic Breaker Market, by End-use Industry, 2024 – 2033
- 8.10.1 Europe Hydraulic Breaker Market, by End-use Industry, 2024 – 2033 (USD Billion)
- 8.11. Asia Pacific
- 8.11.1 Asia Pacific Hydraulic Breaker Market, 2024 – 2033 (USD Billion)
- 8.11.1.1 Asia Pacific Hydraulic Breaker Market, by Country, 2024 – 2033 (USD Billion)
- 8.11.1 Asia Pacific Hydraulic Breaker Market, 2024 – 2033 (USD Billion)
- 8.12 Asia Pacific Hydraulic Breaker Market, by Type, 2024 – 2033
- 8.12.1 Asia Pacific Hydraulic Breaker Market, by Type, 2024 – 2033 (USD Billion)
- 8.13 Asia Pacific Hydraulic Breaker Market, by Application, 2024 – 2033
- 8.13.1 Asia Pacific Hydraulic Breaker Market, by Application, 2024 – 2033 (USD Billion)
- 8.14 Asia Pacific Hydraulic Breaker Market, by End-use Industry, 2024 – 2033
- 8.14.1 Asia Pacific Hydraulic Breaker Market, by End-use Industry, 2024 – 2033 (USD Billion)
- 8.15. Latin America
- 8.15.1 Latin America Hydraulic Breaker Market, 2024 – 2033 (USD Billion)
- 8.15.1.1 Latin America Hydraulic Breaker Market, by Country, 2024 – 2033 (USD Billion)
- 8.15.1 Latin America Hydraulic Breaker Market, 2024 – 2033 (USD Billion)
- 8.16 Latin America Hydraulic Breaker Market, by Type, 2024 – 2033
- 8.16.1 Latin America Hydraulic Breaker Market, by Type, 2024 – 2033 (USD Billion)
- 8.17 Latin America Hydraulic Breaker Market, by Application, 2024 – 2033
- 8.17.1 Latin America Hydraulic Breaker Market, by Application, 2024 – 2033 (USD Billion)
- 8.18 Latin America Hydraulic Breaker Market, by End-use Industry, 2024 – 2033
- 8.18.1 Latin America Hydraulic Breaker Market, by End-use Industry, 2024 – 2033 (USD Billion)
- 8.19. The Middle-East and Africa
- 8.19.1 The Middle-East and Africa Hydraulic Breaker Market, 2024 – 2033 (USD Billion)
- 8.19.1.1 The Middle-East and Africa Hydraulic Breaker Market, by Country, 2024 – 2033 (USD Billion)
- 8.19.1 The Middle-East and Africa Hydraulic Breaker Market, 2024 – 2033 (USD Billion)
- 8.20 The Middle-East and Africa Hydraulic Breaker Market, by Type, 2024 – 2033
- 8.20.1 The Middle-East and Africa Hydraulic Breaker Market, by Type, 2024 – 2033 (USD Billion)
- 8.21 The Middle-East and Africa Hydraulic Breaker Market, by Application, 2024 – 2033
- 8.21.1 The Middle-East and Africa Hydraulic Breaker Market, by Application, 2024 – 2033 (USD Billion)
- 8.22 The Middle-East and Africa Hydraulic Breaker Market, by End-use Industry, 2024 – 2033
- 8.22.1 The Middle-East and Africa Hydraulic Breaker Market, by End-use Industry, 2024 – 2033 (USD Billion)
- Chapter 9. Company Profiles
- 9.1 ABC
- 9.1.1 Overview
- 9.1.2 Financials
- 9.1.3 Product Portfolio
- 9.1.4 Business Strategy
- 9.1.5 Recent Developments
- 9.2 aterpillar Inc.
- 9.2.1 Overview
- 9.2.2 Financials
- 9.2.3 Product Portfolio
- 9.2.4 Business Strategy
- 9.2.5 Recent Developments
- 9.3 Doosan Infracore Co. Ltd.
- 9.3.1 Overview
- 9.3.2 Financials
- 9.3.3 Product Portfolio
- 9.3.4 Business Strategy
- 9.3.5 Recent Developments
- 9.4 Epiroc AB
- 9.4.1 Overview
- 9.4.2 Financials
- 9.4.3 Product Portfolio
- 9.4.4 Business Strategy
- 9.4.5 Recent Developments
- 9.5 Furukawa Rock Drill Co. Ltd.
- 9.5.1 Overview
- 9.5.2 Financials
- 9.5.3 Product Portfolio
- 9.5.4 Business Strategy
- 9.5.5 Recent Developments
- 9.6 Hitachi Construction Machinery Co. Ltd.
- 9.6.1 Overview
- 9.6.2 Financials
- 9.6.3 Product Portfolio
- 9.6.4 Business Strategy
- 9.6.5 Recent Developments
- 9.7 JCB Service
- 9.7.1 Overview
- 9.7.2 Financials
- 9.7.3 Product Portfolio
- 9.7.4 Business Strategy
- 9.7.5 Recent Developments
- 9.8 Komatsu Ltd.
- 9.8.1 Overview
- 9.8.2 Financials
- 9.8.3 Product Portfolio
- 9.8.4 Business Strategy
- 9.8.5 Recent Developments
- 9.9 Montabert SASNPK
- 9.9.1 Overview
- 9.9.2 Financials
- 9.9.3 Product Portfolio
- 9.9.4 Business Strategy
- 9.9.5 Recent Developments
- 9.10 Construction Equipment Inc.
- 9.10.1 Overview
- 9.10.2 Financials
- 9.10.3 Product Portfolio
- 9.10.4 Business Strategy
- 9.10.5 Recent Developments
- 9.11 Sandvik AB
- 9.11.1 Overview
- 9.11.2 Financials
- 9.11.3 Product Portfolio
- 9.11.4 Business Strategy
- 9.11.5 Recent Developments
- 9.12 Soosan Corporation Co. Ltd
- 9.12.1 Overview
- 9.12.2 Financials
- 9.12.3 Product Portfolio
- 9.12.4 Business Strategy
- 9.12.5 Recent Developments
- 9.13 Indeco North America
- 9.13.1 Overview
- 9.13.2 Financials
- 9.13.3 Product Portfolio
- 9.13.4 Business Strategy
- 9.13.5 Recent Developments
- 9.14 NPK Construction Equipment Inc.
- 9.14.1 Overview
- 9.14.2 Financials
- 9.14.3 Product Portfolio
- 9.14.4 Business Strategy
- 9.14.5 Recent Developments
- 9.15 DAEMO ENGINEERING CO. LTD.
- 9.15.1 Overview
- 9.15.2 Financials
- 9.15.3 Product Portfolio
- 9.15.4 Business Strategy
- 9.15.5 Recent Developments
- 9.16 Msat Msb corporation
- 9.16.1 Overview
- 9.16.2 Financials
- 9.16.3 Product Portfolio
- 9.16.4 Business Strategy
- 9.16.5 Recent Developments
- 9.17 Caterpillar Inc
- 9.17.1 Overview
- 9.17.2 Financials
- 9.17.3 Product Portfolio
- 9.17.4 Business Strategy
- 9.17.5 Recent Developments
- 9.18 Others.
- 9.18.1 Overview
- 9.18.2 Financials
- 9.18.3 Product Portfolio
- 9.18.4 Business Strategy
- 9.18.5 Recent Developments
- 9.1 ABC
List Of Figures
Figures No 1 to 25
List Of Tables
Tables No 1 to 77
Report Methodology
In order to get the most precise estimates and forecasts possible, Custom Market Insights applies a detailed and adaptive research methodology centered on reducing deviations. For segregating and assessing quantitative aspects of the market, the company uses a combination of top-down and bottom-up approaches. Furthermore, data triangulation, which examines the market from three different aspects, is a recurring theme in all of our research reports. The following are critical components of the methodology used in all of our studies:
Preliminary Data Mining
On a broad scale, raw market information is retrieved and compiled. Data is constantly screened to make sure that only substantiated and verified sources are taken into account. Furthermore, data is mined from a plethora of reports in our archive and also a number of reputed & reliable paid databases. To gain a detailed understanding of the business, it is necessary to know the entire product life cycle and to facilitate this, we gather data from different suppliers, distributors, and buyers.
Surveys, technological conferences, and trade magazines are used to identify technical issues and trends. Technical data is also gathered from the standpoint of intellectual property, with a focus on freedom of movement and white space. The dynamics of the industry in terms of drivers, restraints, and valuation trends are also gathered. As a result, the content created contains a diverse range of original data, which is then cross-validated and verified with published sources.
Statistical Model
Simulation models are used to generate our business estimates and forecasts. For each study, a one-of-a-kind model is created. Data gathered for market dynamics, the digital landscape, development services, and valuation patterns are fed into the prototype and analyzed concurrently. These factors are compared, and their effect over the projected timeline is quantified using correlation, regression, and statistical modeling. Market forecasting is accomplished through the use of a combination of economic techniques, technical analysis, industry experience, and domain knowledge.
Short-term forecasting is typically done with econometric models, while long-term forecasting is done with technological market models. These are based on a synthesis of the technological environment, legal frameworks, economic outlook, and business regulations. Bottom-up market evaluation is favored, with crucial regional markets reviewed as distinct entities and data integration to acquire worldwide estimates. This is essential for gaining a thorough knowledge of the industry and ensuring that errors are kept to a minimum.
Some of the variables taken into account for forecasting are as follows:
• Industry drivers and constraints, as well as their current and projected impact
• The raw material case, as well as supply-versus-price trends
• Current volume and projected volume growth through 2033
We allocate weights to these variables and use weighted average analysis to determine the estimated market growth rate.
Primary Validation
This is the final step in our report’s estimating and forecasting process. Extensive primary interviews are carried out, both in-person and over the phone, to validate our findings and the assumptions that led to them.
Leading companies from across the supply chain, including suppliers, technology companies, subject matter experts, and buyers, use techniques like interviewing to ensure a comprehensive and non-biased overview of the business. These interviews are conducted all over the world, with the help of local staff and translators, to overcome language barriers.
Primary interviews not only aid with data validation, but also offer additional important insight into the industry, existing business scenario, and future projections, thereby improving the quality of our reports.
All of our estimates and forecasts are validated through extensive research work with key industry participants (KIPs), which typically include:
• Market leaders
• Suppliers of raw materials
• Suppliers of raw materials
• Buyers.
The following are the primary research objectives:
• To ensure the accuracy and acceptability of our data.
• Gaining an understanding of the current market and future projections.
Data Collection Matrix
| Perspective | Primary research | Secondary research |
| Supply-side |
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| Demand-side |
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Market Analysis Matrix
| Qualitative analysis | Quantitative analysis |
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Prominent Player
- 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
FAQs
The major driver for Growth In Mining Industry and Increasing Demand for Demolition Activities.
The “Breaking Oversized Material” had the largest share in the global market for Hydraulic Breaker.
The “Premium” category dominated the market in 2023.
The key players in the market are 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.
“Asia-Pacific” had the largest share in the Hydraulic Breaker Market.
The global market is projected to grow at a CAGR of 5.6% during the forecast period, 2024-2033.
The Hydraulic Breaker Market size was valued at USD 2 Billion in 2024.