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Global hydraulic hammer market to grow to USD 2.6 billion by 2033
Equipment

Global hydraulic hammer market to grow to USD 2.6 billion by 2033

The global hydraulic hammer market is projected to grow significantly over the next decade, rising from USD 1.5 billion in 2024 to USD 2.6 billion by the end of 2033, with an anticipated compound annual growth rate (CAGR) of 5.9 percent from 2024 to 2033. This g...

The global hydraulic hammer market is projected to grow significantly over the next decade, rising from USD 1.5 billion in 2024 to USD 2.6 billion by the end of 2033, with an anticipated compound annual growth rate (CAGR) of 5.9 percent from 2024 to 2033. This growth is largely driven by the modernisation and development of infrastructure within the construction industry, which has led to an increased demand for hydraulic hammers worldwide. These powerful tools are integral to construction activities such as excavation and demolition, making them essential for infrastructure development and renovation projects.  

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