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Jackhammer Market Report by Type (Pneumatic, Electric, Hydraulic), Application (Construction, Mining, Tunneling, Well Drilling), and Region 2024-2032
Report Format: PDF+Excel | Report ID: SR112023A5223
Year End
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Market Overview:
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.
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Report Attribute
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Key Statistics
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|---|---|
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Base Year
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2023
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Forecast Years
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2024-2032
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Historical Years
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2018-2023
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Market Size in 2023
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US$ 475.7 Million |
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Market Forecast in 2032
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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.
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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 jackhammer market 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) |
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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