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China Hydraulic Hammer Market to Expand at Robust CAGR of 8% During 2017-2023- QY Research

Author: QYResearch | Publish date: 2018-11-01 | Views: 58
QY Research in its recently published report, provides insights on China hydraulic hammer market for the projected period of 6-years, i.e. between 2017 and 2023. The hydraulic hammer market in China is growing at a steady rate since the past few years.

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According to this report, in 2017 China Hydraulic Hammer market was valued at US$ 500 Mn and by the end of the assessment year, and is estimated to grow at a healthy CAGR of 8% during the projected year. 


China Hydraulic Hammer Market by Type

The hydraulic hammer, also known as rock breaker, a hydraulic breaker and hydraulic chisel, is a type of hydraulic tool or attachment that is used in demolition jobs which involve breaking up of large blocks and slabs of concrete and in excavation and quarrying of rocks and minerals.


Hydraulic hammers are the modern descendants of pile drivers. Pile drivers are mechanical devices used to stake piles into the ground to lay the foundation for buildings. Diesel, hydraulics, and pneumatics helped in delivering the force needed to drive piles into the ground and accomplish larger construction projects.


The Types of Hydraulic Hammers 

Light Duty Hydraulic Hammer: This hammer can be fitted to an excavator whose carrier weight is less than 18 MT

Medium Duty Hydraulic Hammer: This hammer can be fitted to an excavator whose carrier weight is between 20 MT and 28 MT

Heavy Duty Hydraulic Hammer: This hammer can be fitted to an excavator whose carrier weight is heavier than 30 MT


China Hydraulic Hammer Market: Drivers

Hydraulic Hammer is mainly used in industries such as construction, municipal engineering, mining industry, and metallurgical industry.  In the construction industry, the hydraulic hammer can be applied in the demolition of old building and crushing of RC, while it is also used on a large basis in the construction and maintenance of roads and railways. In metallurgical industry, hydraulic hammers are used to demolish furnace disintegration. All these factors are boosting the growth of China hydraulic hammer market. Currently, the manufacturing technology of Hydraulic Hammer is getting mature and is promising in the developing countries. Consequently, the demand for hydraulic hammers is escalating since the past few years which is likely to create a positive impact on the China hydraulic hammer market.


China Hydraulic Hammer Market: Forecast by Region

South China, East China, Southwest China, Northeast China, North China, Central China, and Northwest China are the regions that are included in this report. East China is the dominant market in the China Hydraulic Hammer market in terms of value. Southwest China is the second largest market. Southwest China market is also expected to expand at a fast rate in terms of revenue over the forecast period due to steadily increasing demand for Hydraulic Hammer.


China Hydraulic Hammer Market: Key Players

The hydraulic hammer industry is not concentrated. The manufacturers in China hydraulic hammer market range from large multinational corporations to small privately owned companies which are competing for each other to sustain in the market.. The main players are Eddie, Soosan, Nuosen, Giant, Furukawa, Toku, Rammer, Atlas-copco, Liboshi, GB, EVERDIGM, Montabert, Daemo, NPK, KONAN, Sunward, Beilite and Others.


Click to view the full report TOC, figure and tables:

https://www.qyresearch.com/index/detail/81854/global-hydraulic-hammer-sales-market

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