Hydraulic Breakers Rental Market - Growth Analysis and Forecast by 2033
According to Fact.MR, a market research and competitive intelligence provider, the hydraulic breakers rental market is projected to expand from US$ 389.9 million in 2023 to US$ 698.2 million by 2033, growing at a CAGR of 6.0% and creating an absolute dollar opportunity of US$ 308.3 million.
Hydraulic hammers, commonly referred to as hydraulic breakers, have transformed the breaking and demolition processes in the construction and mining sectors. Their compact design, robust durability, and high efficiency have made them a preferred choice in the industry.
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One of the primary benefits of hydraulic breakers is their sustainability compared to explosive blasting. While blasting can have severe environmental consequences, hydraulic breakers provide a more controlled and localized method of breaking materials with minimal environmental impact. They also reduce dust and airborne debris, which improves air quality and lowers health risks for workers.
When mounted on excavators, hydraulic breakers significantly enhance the efficiency of breaking and demolition tasks. Their use in construction and mining supports both environmental and economic sustainability. By minimizing environmental damage and offering a cost-effective alternative to blasting, hydraulic breakers present a practical and eco-friendly solution for breaking and demolition operations.
Key Takeaways from Market Study
- The US market for Hydraulic Breakers Rental is highly lucrative growing at a CAGR of 6.0% during the forecast period
- In 2018, the Hydraulic Breakers Rental market had a valuation of US$ 288.2 million
- Historic growth of the United States Hydraulic Breakers Rental market was 6.7% between 2018 to 2022
- By tool diameter, the 4-6 Inches is estimated to account for a market share of 34.2% in 2023
- Equipment type of Excavator is likely to grow at a CAGR of 6.5% during the forecast period creating an absolute $ opportunity of US$ 234 million
“Growing Infrastructure and Construction Industry Drives Demand for Hydraulic Breakers Rental Services” says a Fact.MR analyst.
Market Growth Stratagems
Prominent market players:-
- Cal-West Rentals, Inc,
- GeoQuip Power Systems, LLC,
- Gorilla Hammers,
- MK EQUIPMENT CORPORATION,
- Rental Group,
- Sunbelt Rentals,
- Taylor Rental Plano,
- TIONG LEE HUAT MACHINERY & CONSTRUCTION PTE LTD,
- United Rentals, Inc,
- WESCAN Rentals.
To meet the increasing demand for hydraulic breakers, rental service providers are offering value-added services alongside hydraulic breaker rentals to enhance the overall customer experience and differentiate rental service providers from competitors. This includes providing operator training, equipment maintenance and repairs, on-site technical assistance, and innovative rental packages tailored to specific project requirements. Providing comprehensive solutions and support attracts more customers and foster long-term partnerships.
Country-wise Perspectives:
What are the factors influencing the demand for hydraulic breakers in the US?
In construction and infrastructure projects, hydraulic breakers are commonly used for demolition, rock extraction, and road building. As construction activities have increased across the country, the demand for hydraulic breakers has grown accordingly. This surge is driven by factors such as urbanization, renovation efforts, and government investment in infrastructure projects.
Rental services often provide customers, particularly those less experienced with hydraulic breakers, with technical support and guidance. These services offer advice on selecting the appropriate equipment, proper usage, and safety measures. This support helps contractors work more efficiently while reducing the risk of damage or accidents. The availability of expert knowledge and assistance makes rental services increasingly popular in the construction industry.
As a result, the expanding construction sector in the USA is expected to drive strong demand for hydraulic breaker rentals, creating an absolute dollar opportunity of US$ 93.6 million over the forecast period.
Segmentation of Hydraulic Breakers Rental Industry Research Report
- By Equipment :
- Loaders
- Track Loader
- Wheel Loader
- Backhoe Loader
- Excavator
- Loaders
- By Working Weight :
- Upto 500 lbs
- 500-1,000 lbs
- 1,000-2,000 lbs
- 2,000-4,000 lbs
- 4,000-6,000 lbs
- Above 6,000 lbs
- By Tool Diameter :
- Upto 2 Inches
- 2-4 Inches
- 4-6 Inches
- Above 6 Inches
- By Frequency :
- Upto 500 BPM
- 500 - 750 BPM
- 750 - 1,000 BPM
- 1,000 - 1,200 BPM
- Above 1,200 BPM
- By Region :
- North America
- Latin America
- Europe
- East Asia
- South Asia & Oceania
- Middle East & Africa
More Valuable Insights on Offer
Fact.MR, in its new offering, presents an unbiased analysis of the hydraulic breakers rental market, presenting historical market data (2018–2022) and forecast statistics for the period of 2023–2033.
Global hydraulic breakers rental market analysis, by equipment (loaders (track loader, wheel loader, and backhoe loader), and excavator), by working weight (upto 500 lbs, 500-1,000 lbs, 1,000-2,000 lbs, 2,000-4,000 lbs, 4,000-6,000 lbs, and above 6,000 lbs), by tool diameter (upto 2 inches, 2-4 inches, 4-6 inches, and above 6 inches), by frequency (upto 500 bpm, 500 - 750 bpm, 750 - 1,000 bpm, 1,000 - 1,200 bpm, and above 1,200 bpm), across major regions of the world (North America, Latin America, Europe, East Asia, South Asia, and Oceania, Middle East & Africa).
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