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Demolition Hammers Market Trends

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

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Demolition Hammers Market Trends

The adoption of jack hammers, also known as demolition hammers is on the rise, driven by their durability, quiet operation, superior operator comfort, and low maintenance requirements. Additionally, the expansion of infrastructure projects, including roads, tunnels, and railway tracks, is fuelling the growth of the jackhammer market. The global push for enhanced transportation infrastructure further amplifies demand within the construction sector. Rapid urbanization in regions such as India, Brazil, and Southeast Asia offers substantial growth prospects for demolition hammer manufacturers.

The development of battery-powered demolition hammers addresses the need for portability and ease of use, with this segment expected to expand as the preference for cordless solutions increases. The growing emphasis on eco-friendly demolition practices presents an opportunity for companies to create products that minimize dust and debris, appealing to environmentally conscious consumers. Moreover, the expanding equipment rental market provides access to high-quality demolition hammers without significant upfront investment, sustaining a steady demand for rentals.

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.