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Rock Breaker Market Size

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

Rock Breaker Market Size

The global rock breaker market was valued at USD 2.4 billion in 2023 and is projected to grow at a CAGR of 5.5% between 2024 and 2032. The rising global demand for infrastructure development, particularly in emerging economies, is driving the need for heavy machinery. Expanding mining activities and large-scale urbanization projects are further boosting equipment adoption. Furthermore, technological advancements, such as smart controls and energy-efficient designs, are enhancing equipment efficiency and lifespan, leading to increased investment by construction and mining companies seeking improved productivity and reduced operational costs.

 

The increasing complexity of urban job sites is driving demand for compact and versatile equipment. As cities expand, construction projects often take place in confined spaces where traditional machinery cannot operate efficiently. Hydraulic breakers, known for their agility and power, are essential for tasks such as demolition and excavation in urban environments, enabling contractors to maximize productivity while minimizing disruption.
 

 

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.

Rock Breaker Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 20
  • Tables & Figures: 220
  • Countries covered: 22
  • Pages: 180
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