Jackhammer Market Report by Type (Pneumatic, Electric, Hydraulic), Application (Construction, Mining, Tunneling, Well Drilling), and Region 2024-2032
The global jackhammer market size reached US$ 475.7 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 812.6 Million by 2032, exhibiting a growth rate (CAGR) of 6.13% during 2024-2032.
Report Attribute
Key Statistics
Base Year
2023
Forecast Years
2024-2032
Historical Years
2018-2023
Market Size in 2023
US$ 475.7 Million
Market Forecast in 2032
US$ 812.6 Million
Market Growth Rate 2024-2032
6.13%
Jackhammer refers to an electro-mechanical tool that is generally used for breaking pavements, concretes, and rocks. It is a percussive rock drilling equipment that is usually equipped with a piledriver, valve, and drill bit. Some of the commonly available jackhammer variants in the market include hydraulic, electric, and pneumatic. In comparison to traditional handheld hammers, it is durable, faster and requires low maintenance while minimizing grip pressure and effort for the operator.
Jackhammer Market Trends:
The global market is primarily driven by significant growth in the construction sector. Along with this, rising investments by private and public agencies in infrastructural development projects, including commercial and residential spaces, are providing an impetus to the market growth across the globe. In line with this, the increasing constructional activities of railways tracks, tunnels, and flyovers across numerous countries are also contributing to the market growth. Moreover, continual technological advancements in the sector are positively influencing the market growth on the global level. Also, the widespread integration of advanced features with jackhammers, such as shock-proof handles, is acting as a major growth-inducing factor. Furthermore, the extensive utilization of jackhammers for mining and well drilling activities is creating a positive outlook for the market on the global level. Some of the other factors contributing to the market growth include rapid industrialization and extensive research and development (R&D) activities conducted by key players to introduce improved product variants.
Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.
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Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global jackhammermarket report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on type and application.
Breakup by Type:
Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.
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Pneumatic
Electric
Hydraulic
Breakup by Application:
Construction
Mining
Tunneling
Well Drilling
Breakup by Region:
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North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Atlas Copco AB, Einhell Germany AG, Hilti Corporation, INDECO ind S.p.a., Koki Holdings Co. Ltd., Makita Corporation, Robert Bosch GmbH, Stanley Black & Decker Inc., Techtronic Industries Co. Ltd. and TR Industrial.
Report Coverage:
Report Features
Details
Base Year of the Analysis
2023
Historical Period
2018-2023
Forecast Period
2024-2032
Units
US$ Million
Segment Coverage
Type, Application, Region
Region Covered
Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered
United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered
Atlas Copco AB, Einhell Germany AG, Hilti Corporation, INDECO ind S.p.a., Koki Holdings Co. Ltd., Makita Corporation, Robert Bosch GmbH, Stanley Black & Decker Inc., Techtronic Industries Co. Ltd. and TR Industrial
Customization Scope
10% Free Customization
Report Price and Purchase Option
Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support
10-12 Weeks
Delivery Format
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)
Key Questions Answered in This Report
The global jackhammer market was valued at US$ 475.7 Million in 2023.
We expect the global jackhammer market to exhibit a CAGR of 6.13% during 2024-2032.
The extensive utilization of jackhammer for breaking pavements, concretes, and rocks, to aid in minimizing grip pressure and effort for the operator is primarily driving the global jackhammer market.
The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations resulting in the temporary halt in numerous construction activities, thereby negatively impacting the demand for jackhammer.
Based on the type, the global jackhammer market has been segmented into pneumatic, electric, and hydraulic. Currently, pneumatic jackhammer represents the largest market share.
Based on the application, the global jackhammer market can be bifurcated into construction, mining, tunneling, and well drilling. Among these, construction segment currently accounts for the majority of the total market share.
On a regional level, the market has been classified into North America, Europe, Asia-Pacific, Middle East and Africa, and Latin America, where Asia-Pacific currently dominates the global market.
Some of the major players in the global jackhammer market include Atlas Copco AB, Einhell Germany AG, Hilti Corporation, INDECO ind S.p.a., Koki Holdings Co. Ltd., Makita Corporation, Robert Bosch GmbH, Stanley Black & Decker Inc., Techtronic Industries Co. Ltd., and TR Industrial.
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