Increase in Mining & Drilling Activities Expected to Drive Global Excavator Breaker Market over the Forecast Period: Ken Research

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A breaker is a powerful percussion hammer, attached to an excavator for demolishing & breaking concrete structures or rocks. Breaker is often referred to as “hammers”, “peckers”, “hoe rammers or “hoe rams.” It is powered by pressure oil from pump stations of excavators and effectively used in trench work, quarries, for earth moving, in tunnels, or for digging of rocks.  It is monitored by an auxiliary hydraulic system that is attached to the foot-operated valve. Excavator breaker is generally available in three sizes i.e., small size, medium size, and large size. These breakers are ideal to demolish vast construction in urban areas for building refurbishment.

Global Excavator Breaker Market Research ReportAccording to study, “Global Excavator Breaker Market Size study, by Type (Fully-Hydraulic Type, Pneumatic and Hydraulic United, Nitrogen Inflating), By Application (Mining, Construction, Road Works, Ship Maintenance, Others) and Regional Forecasts 2018-2025” the key companies operating in the global excavator breaker market are Rammer, NPK, Indeco North America, Inc., The Atlas Copco Group, MONTABERT USA, Furukawa Electric Co., Ltd., Volvo Construction Equipment, J.C. Bamford Excavators Limited, Breaker Technology Inc., Miller UK, Hammer Srl, TAKEUCHI MFG (UK) LTD, John Deere, Konekesko Ltd., NUOSEN Machinery, Takeuchi, JCB, Soosan heavy Industries, Caterpillar Inc., Sandvik AB, Everdigm. The key manufacturers strive to improve the satisfaction of end-users across the world by offering high-quality products at reasonable prices along with prompt & professional after-sales service. This is also anticipated to fuel the market in the coming years.

Based on type, excavator breaker market is segmented into pneumatic hydraulic united, fully hydraulic type, and nitrogen inflating. Based on horse power, market is segmented into below 500 HP, 501HP to 800 HP, 801HP to 1200 HP, 1201HP to 1500 HP, 1501HP to 2000 HP, and above 2000 HP. Based on application, market is segmented into mining, oil & gas, metallurgical industry, construction, demolition & recycling, and others. In addition, based on distribution channel, market is segmented into online channel and offline channel. Online channel includes e-commerce sites, and company websites.

The excavator breaker market is driven by rise in urbanization in both developed and developing countries, followed by increase in mining & drilling activities, rise in building & construction sector. However, rise in regular maintenance cost of excavator breakers and high cost of excavator breaker products may impact the market. Moreover, growth in development of innovative products & new users, and wider reach of the breakers through digital sales are key opportunities for market.

Based on geography, the North-American region holds major share in excavator breaker market owing to rapid growth in the mining & construction sector and increase in after sales services. The European region is expected to witness higher growth rate due to increase in earth moving tasks over the forecast period. The Asian-Pacific and Middle East & African regions are also expected to expand significantly caused by stringent environment protection regulations and restrictions and rise in dependency by end-users on these breakers to perform heavy duty tasks during the forecast period. It is estimated that future of the market will be bright as a result of rise in dependence on excavator breakers for demolishing old construction, concrete, rock, and other materials in pipeline, and highway applications during the forecast period.

To know more, click on the link below:-

Global Excavator Breaker Market Research Report

Related Reports:-

Global Excavator Breaker Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024

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Ken Research

Ankur Gupta, Head Marketing & Communications

ankur@kenresearch.com

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