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Global Hydraulic Breakers Market Projected to Reach US$ 2150 Mn by 2025

QY Research has lately published a new report on “Global Hydraulic Breakers Market: Industrial Chain Market Insights, Growth Trends and Competitive Analysis 2025,” for the forecasted period 6-years, i.e. between 2019 and 2025.

 

Los Angeles, CA -- (SBWIRE) -- 02/23/2019 -- Hydraulic breakers are a type of mining drills that are used to break hard surfaces and big rocks. They are extensively used in the mining and construction industry.

River sand is used extensively in infrastructure projects due to their strong adhesive properties. The extraction of river sand is negatively impacting the environment and the wildlife. Governments across the globe are taking the substantial initiative to stop sand extraction and this is leading to the increasing adoption artificial sand. Technavio's market research analysts have identified the increasing demand for artificial sand as one of the primary factors that will trigger the growth of the hydraulic breakers market in the coming years. Artificial sand is produced by crushing granite or basalt rocks with the help of crushing equipment. The rocks do not fit the crushing machine due to its large size and hence hydraulic hammer is used to break large rocks into smaller rocks. The demand for crushing equipment are increasing and hence it is expected that the demand for hydraulic breakers will also increase during the forecast period.

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The focus towards the adoption of energy-efficient mining process is one of the key trends that will gain traction in the hydraulic breakers market during the next few years. Energy-efficient mining equipment is gaining traction due to the increased demand from the end-user industries. The demand from the end-user industries will increase due to the reduced cost of fuel, as energy efficient-equipment are capable to perform better using less fuel as compared with conventional equipment. Moreover, stringent emission laws on mining equipment will also trigger the growth of energy-efficient equipment.

APAC is estimated to be the major revenue contributor to the hydraulic rock breaker market throughout the forecast period.

The global Hydraulic Breakers market is valued at 1660 million US$ in 2018 is expected to reach 2150 million US$ by the end of 2025, growing at a CAGR of 3.3% during 2019-2025.

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This report focuses on Hydraulic Breakers volume and value at global level, regional level and company level. From a global perspective, this report represents overall Hydraulic Breakers market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.

At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.

The following manufacturers are covered:

Atlas Copco

Boart Longyear

Caterpillar

Komatsu

Sandvik

Segment by Regions

North America

Europe

China

Japan

Segment by Type

Small and Medium Range

Large Range

Segment by Application

Mining Industry

Construction Industry

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QYResearch established in 2007, focus on custom research, management consulting, IPO consulting, industry chain research, data base and seminar services. The company owned a large basic data base (such as National Bureau of statistics database, Customs import and export database, Industry Association Database etc), expert's resources (included energy automotive chemical medical ICT consumer goods etc.