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Rock Breaker Market Share

Report ID: GMI11930
Published Date: Oct 2024
Report Format: PDF

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Rock Breaker Market Share

Caterpillar, Epiroc, and Komatsu collectively held a substantial market share of 15% in 2023. Caterpillar, leveraging its extensive portfolio of construction and mining equipment, offers durable and high-performance hydraulic rock breakers. With a global distribution network and strong after-sales support, Caterpillar emphasizes product reliability and seamless integration with its machinery. By focusing on innovations such as energy-efficient designs and advanced hydraulic technologies, Caterpillar positions itself as a leader in premium rock-breaking solutions.

Epiroc focuses on precision engineering and advanced technologies in its hydraulic rock breakers, providing solutions tailored to the mining, quarrying, and construction sectors. Known for their durability and smart technology integration, such as real-time monitoring, Epiroc enhances operational efficiency. With a strong global presence and dedicated customer support, Epiroc positions itself as a top choice for robust and reliable rock-breaking equipment.

Rock Breaker Market Companies

Major players operating in the rock breaker industry are:

Atlas Copco
Caterpillar
Doosan Infracore
Epiroc
Furukawa Rock Drill
Hitachi Construction Machinery
JCB
John Deere
Komatsu
Sandvik

Authors: Preeti Wadhwani, Satyam Jaiswal

Frequently Asked Questions (FAQ) :

The global market for rock breaker was reached USD 2.4 billion in 2023 and is projected to grow at a 5.5% CAGR from 2024 to 2032, driven by rising global demand for infrastructure development.

The hydraulic segment accounted for 72% of the market share in 2023 and is expected to exceed USD 2.9 billion by 2032, due to their versatility, efficiency, and high impact force, making them ideal for heavy-duty applications.

What is the market share of premium rock breakers?

The Asia Pacific region accounted for a 37% share of the rock breaker market in 2023 and is expected to exceed USD 1.5 billion by 2032, led by significant growth in China's heavy construction and mining sectors.

Key players in the rock breaker industry include Atlas Copco, Caterpillar, Doosan Infracore, Epiroc, Furukawa Rock Drill, Hitachi Construction Machinery, JCB, John Deere, Komatsu, and Sandvik.