Jackhammer Market Report 2027 By Type, Application and Region

According to the latest report by IMARC Group, "Global Jackhammer Market Size, Share, Growth, Industry Trends, Opportunity and Forecast 2022-2027", the global jackhammer market reached a value of US$ 437.5 Million in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 610.1 Million by 2027 exhibiting a CAGR of 5.40% during 2022-2027.

A jackhammer is an electro-mechanical tool commonly used to break pavements, rocks, and concrete. It is a percussive rock drilling equipment that usually comprises a drill bit, valve, and piledriver. It is generally powered by compressed air and electric motors and is widely available in hydraulic, electric, and pneumatic variants. It is durable, faster, and requires low maintenance while reducing the grip force and effort for operators compared to traditional handheld hammers.

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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Jackhammer Market Trends and Drivers:

The global jackhammer market is primarily driven by rapid growth in the construction sector. Additionally, the increasing public and private investments in infrastructure development projects, including commercial and residential spaces, is another major growth-inducing factor. In line with this, the rising construction of tunnels, flyovers, and railway tracks across various countries has escalated product demand. Moreover, the introduction of innovative product variants, such as jackhammers equipped with shock-proof handles for enhanced safety and efficiency, has catalyzed market growth.

Besides this, continuous technological advancements in the sector are positively influencing the market growth. Furthermore, the growing usage of jackhammers for well drilling and mining purposes has accelerated the product adoption rate. Other factors, including the surging popularity of electric jackhammers, ongoing research and development (R&D) activities by key players, rapid industrialization, and new product launches, are also anticipated to create a favorable market outlook.

Jackhammer Market Report Scope
Report Coverage	Details
Market size value in 2021	US$ 437.5 Million
Market forecast in 2027	US$ 610.1 Million
Growth Rate	CAGR of 5.40% from 2022 to 2027
Base year for estimation	2021
Historical data	2016-2021
Forecast period	2022-2027

Global Jackhammer Market 2022-2027 Analysis and Segmentation:

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these top key players 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.
• TR Industrial.

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The report has segmented the market on the basis of region, type, distribution channel and application.

Breakup by Type:

• Pneumatic
• Electric
• Hydraulic

Breakup by Distribution Channel:

• Supermarkets and Hypermarkets
• Online Stores
• Specialty Stores
• Others

Breakup by Application:

• Construction
• Mining
• Tunneling
• Well Drilling

Breakup by Region:

• 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

If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.

Key highlights of the report:

• Market Performance (2016-2021)
• Market Outlook (2022- 2027)
• Porter’s Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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