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Demolition Hammers Market Share

Report ID: GMI12108
Published Date: Nov 2024
Report Format: PDF

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Demolition Hammers Market Share

Global Demolition Hammers Company Market Share Analysis, 2023

In 2023, key companies like Hilti, Hitachi, Bosch, Makita held a combined market share of 40-45%. These companies are actively engaging in mergers, acquisitions, facility expansions, and collaborations to enhance their product portfolios, reach more customers, and strengthen their market positions.

Companies are heavily investing in research and development to develop advanced and smart demolition hammers that align with the changing and evolving industry’s needs and preferences. Competitive strategies frequently center on product differentiation, where manufacturers augment their offerings with distinctive features, and geographic expansion to penetrate emerging markets. In this dynamic environment, companies that adeptly innovate and respond to market trends are poised for the most significant growth.

Demolition Hammers Market Companies

Major players operating in the demolition hammers industry are:

Bauer
Dewalt
Einhell
Ferm International
Hilti
Hitachi
Koki Holdings
Makita
Milwaukee
Robert Bosch Tool Corporation
Stanley Black & Decker
TR Industrial
Vevor

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The global market for demolition hammers was reached USD 2.63 billion in 2023 and is estimated to grow at a 5.3% CAGR from 2024 to 2032, driven by increased construction and renovation activities.

The electric segment was worth around USD 1.3 billion in 2023 and is expected to grow at a 5.9% CAGR from 2024 to 2032, due to their reduced pollutant emissions and compliance with stricter environmental regulations.

The building & construction segment held around 46.5% of the market share in 2023 and is anticipated to grow at a 5.6% CAGR from 2024 to 2032, led by ongoing infrastructure development.

The U.S. demolition hammers market was crossed USD 510 million in 2023 and is expected to grow at a 5.3% CAGR from 2024 to 2032, propelled by urbanization and substantial infrastructure investments.

Major players in the industry include Bauer, Dewalt, Einhell, Ferm International, Hilti, Hitachi, Koki Holdings, Makita, Milwaukee, Robert Bosch Tool Corporation, Stanley Black & Decker, TR Industrial, and Vevor.