Hydraulic Breakers Rental Market

Hydraulic Breakers Rental Market Growth Outlook (2023 to 2033)

Hydraulic breakers rental services demand is expanding and is poised to grow at a rate of 6.0% during the forecast period and reach a valuation of US$ 698.2 million in 2033 from US$ 389.9 million in 2023.

Hydraulic Hammer also known as hydraulic breakers are powerful demolishing machines that can destroy giant rocks or concrete structures. They are powered by an auxiliary hydraulic system and can be mounted on the loaders or excavators.

The auxiliary hydraulic system consists of essential components such as a cylinder, piston, and hydraulic oil. These elements work together to generate an immense amount of force, which is crucial for exerting significant pressure on the intended surface. Hydraulic breakers or hammers have become increasingly prevalent in the construction and mining sectors primarily due to their compact design and exceptional durability.

Report Attributes	Details
Hydraulic Breakers Rental Market Size (2022A)	US$ 367.8 Million
Estimated Market Value (2023E)	US$ 389.9 Million
Forecast Market Value (2033F)	US$ 698.2 Million
Global Market Growth Rate (2023-2033)	6.0% CAGR
US Market Growth Rate (2023-2033)	7.0% CAGR
China Projected Market Value (2033F)	US$ 159.9 Million
Key Companies Profiled	Cal-West Rentals, Inc Caterpillar 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

Historic and Future Pathway Analysis for the Hydraulic Breakers Rental Market

The demand for hydraulic breaker rental services has steadily risen due to the growing construction and mining industries globally. The need for efficient and cost-effective equipment for breaking and demolition tasks has driven the rental market's expansion.

Rental services offer a cost-effective alternative to purchasing hydraulic breakers outright. Construction and mining companies benefit from reduced upfront costs, maintenance expenses, and storage requirements, making rental an attractive option.

• Short Term (2023-2026): Increasing investments in infrastructure projects worldwide, such as roads, bridges, and commercial buildings, will drive the demand for hydraulic breakers rental. The need for efficient and reliable equipment for construction and demolition activities will create opportunities for market growth.
• Medium Term (2026-2029): The emphasis on sustainable practices and environmentally friendly solutions will influence the rental market. Hydraulic breakers, with their reduced noise and vibration levels, as well as lower emissions compared to traditional methods, will align with these concerns and attract customers seeking sustainable equipment options in the medium term.
• Long Term (2029-2033): Efforts led by market players to remain competitive in the market and gain high-profit margins by catering to the needs of the end-users are likely to drive the market growth in the long run.

On the back of the aforementioned facts, the hydraulic breakers rental market is expected to grow at a CAGR of 6.0% during the forecast period from 2023-2033, According to the Fact.MR, a market research and competitive intelligence provider.

Market share analysis of hydraulic breakers rental based on the equipment type and region is provided in a nutshell in the above image. Under the equipment type, the excavator sub-segment is expected to dominate with a 69.1% market share in 2023.

Market Dynamics Outlook

“Environmental Concerns to Support Hydraulic Breakers Rental Market Growth”

Hydraulic breakers stand out as a sustainable alternative to blasting in areas where safety or environmental concerns restrict the use of explosives. Blasting operations typically involve the use of explosives, which can have detrimental effects on the environment. In contrast, hydraulic breakers offer a more controlled and localized method of breaking and demolishing structures without causing significant harm to the environment.

A significant environmental benefit of hydraulic breakers is the reduction of air pollution. In construction or mining areas blasting generates substantial amounts of dust and airborne particles, often containing hazardous substances such as silica or heavy metals. These particles pose risks to human health and can contribute to environmental adverse effects. Hydraulic breakers minimize the dust and airborne debris during the demolition. In addition, many hydraulic breakers are equipped with dust suppression kits that further mitigate dust emissions, reducing the impact on air quality.

Hence, hydraulic breakers offer an alternative to blasting, and renting them provides a practical and sustainable solution for construction and mining projects. By minimizing air pollution, conserving resources, and offering cost-effective options, hydraulic breakers contribute to both environmental and economic sustainability in the industry.

“Factors Restraining the Growth of the Hydraulic Breakers Rental Market”

Construction companies and contractors require multiple hydraulic breakers to meet their project requirements, further intensifying the competition for available rental equipment. As a result, it becomes essential to plan ahead and secure the rental equipment well in advance to avoid potential delays or project disruptions due to unavailability.

Hence, the demand for rental equipment varies depending on the location and the level of construction activity in the area. As a result, popular or specialized models of hydraulic breakers experience high demand, leading to limited availability for rental purposes.

Country-wise Insights

What are the Factors Driving Hydraulic Breakers Rental Demand Across the US?

Hydraulic breakers are commonly used in construction and infrastructure projects for activities such as demolition, rock excavation, and road construction. With a rising in construction activities across the US, the demand for hydraulic breakers has also increased. This can be attributed to factors like urban development, renovations, and government investments in infrastructure projects.

Rental services often provide technical support and guidance to customers, particularly those who may be less familiar with operating hydraulic breakers. They can offer advice on equipment selection, usage techniques, and safety procedures. This support helps contractors achieve optimal results while reducing the risk of damage or accidents. The availability of expertise and support contributes to the popularity of rental services in the construction industry.

Hence, the growing construction industry in the USA projects a high demand for hydraulic breakers rental services creating an absolute $ opportunity of US$ 93.6 million during the forecast period.

Why Chinese Hydraulic Breakers Rental Market is flourishing?

The construction industry in China is estimated to expand by 3.6% in real terms in 2023, owing to a significant increase in infrastructure. The industrial construction sector is expected to grow by more than 7% this year, aided by robust industrial and manufacturing production in China.

China has been undergoing significant infrastructure development over the past few decades. The government has invested heavily in construction projects, including the construction of roads, bridges, railways, and urban development. Hydraulic breakers are essential equipment in such projects for activities like demolition, excavation, and foundation work. The surge in infrastructure development has driven the demand for hydraulic breakers, leading to a flourishing rental market.

Owing to this, the demand for hydraulic breakers rental services is growing due to the need for efficient and high-quality construction work. The significant increase in infrastructure and robust industrial construction are creating immense growth opportunities for hydraulic breakers rental service providers across China in the coming years.

Category-wise Insights

Which Excavator Type of Equipment Gaining Traction?

Excavator type is estimated to account for a market share of 69.1% in 2023 and grow at a CAGR of 6.5% during the forecast period.

Excavator have revolutionized the process of breaking and demolishing structures with the help of hydraulic breakers attachments, offering a remarkable increase in efficiency compared to traditional methods. Their utilization of hydraulic power enables them to deliver powerful blows with exceptional precision and control, resulting in significant benefits for construction and mining operations.

The increased efficiency combined with excavator and hydraulic breakers translates into several notable advantages. Firstly, projects can be completed more rapidly, as the powerful blows delivered by hydraulic breakers significantly speed up the process of breaking and demolishing structures. This increased speed enables construction and mining operations to meet tighter project deadlines and potentially take on additional projects.

Furthermore, improved efficiency of excavators directly contributes to enhanced productivity. With excavators attached with hydraulic breakers, operators can effectively break through materials in a shorter amount of time, allowing them to accomplish more within their work shifts. This heightened productivity leads to optimized resource utilization, reduced labor costs, and improved overall project performance.

Why Demand for 4-6 Inches tools of hydraulic breakers is Growing?

The 4-6 Inches is estimated to account for a market share of 34.2% in 2023 and grow at a CAGR of 8.1% during the forecast period. This tools offers versatility in various applications. These tools are well-suited for breaking through medium-sized structures, concrete slabs, rocks, and other materials encountered in construction and mining projects. Their size allows for efficient demolition and excavation in tight spaces or areas with limited accessibility.

The compact size of 4-6 inches tools makes them compatible with a wide range of excavators and loaders. This adaptability ensures that these tools can be easily attached and utilized with different types and sizes of machinery, providing flexibility on job sites and reducing the need for additional equipment.

Hence, the growing demand for 4-6 inches tools of hydraulic breakers can be attributed to their versatility and adaptability. These tools provide an efficient solution for breaking through medium-sized structures and materials, meeting the specific needs of construction and mining operations.

Eminent Player’s Key Stratagems

Prominent players operating in the global hydraulic breakers rental market are Cal-West Rentals, Inc, Caterpillar, 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, and WESCAN Rentals.

To attract customers, rental service providers offer a wide range of Hydraulic Breakers either it is verity of diameter tools or frequency on which it is operated to cater to various project requirements. Market players ensure that their inventory includes different types and sizes of hydraulic suitable for both small and large-scale projects.

Also, rental service providers strive to offer competitive pricing to attract customers. Offering flexible rental plans, discounts, and package deals give service providers a competitive edge.

Fact.MR has provided detailed information about the key rental service providers of hydraulic breakers, their total fleet, service portfolio, and revenue growth, in the recently published report.

Segmentation of Hydraulic Breakers Rental Industry Research

• By Equipment :

  • Loaders
    • Track Loader
    • Wheel Loader
    • Backhoe Loader
  • 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
  • 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