PUBLISHER: IMARC | PRODUCT CODE: 1702207
PUBLISHER: IMARC | PRODUCT CODE: 1702207
The global jackhammer market size reached USD 511.2 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 748.0 Million by 2033, exhibiting a growth rate (CAGR) of 4.32% during 2025-2033.
Jackhammer refers to an electro-mechanical tool that is generally used for breaking pavements, concretes, and rocks. It is a percussive rock drilling equipment that is usually equipped with a piledriver, valve, and drill bit. Some of the commonly available jackhammer variants in the market include hydraulic, electric, and pneumatic. In comparison to traditional handheld hammers, it is durable, faster and requires low maintenance while minimizing grip pressure and effort for the operator.
The global market is primarily driven by significant growth in the construction sector. Along with this, rising investments by private and public agencies in infrastructural development projects, including commercial and residential spaces, are providing an impetus to the market growth across the globe. In line with this, the increasing constructional activities of railways tracks, tunnels, and flyovers across numerous countries are also contributing to the market growth. Moreover, continual technological advancements in the sector are positively influencing the market growth on the global level. Also, the widespread integration of advanced features with jackhammers, such as shock-proof handles, is acting as a major growth-inducing factor. Furthermore, the extensive utilization of jackhammers for mining and well drilling activities is creating a positive outlook for the market on the global level. Some of the other factors contributing to the market growth include rapid industrialization and extensive research and development (R&D) activities conducted by key players to introduce improved product variants.
The competitive landscape of the industry has also been examined along with the profiles of the key players being 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. and TR Industrial.