The global power hammer market is set to reach a valuation of US$ 804.6 million in 2022 and further expand at a CAGR of 5.2% to end up at US$ 1.33 billion by 2032. Due to the broad use of power hammers across industries, such as the automotive and construction sectors, the power tool industry is expanding rapidly. Thanks to advancements in technology and the creation of new power tools, the dominance of power tools in the market translate into significant demand for power hammers from several industry verticals.
The offer in this portion accompanies many open doors including fabricating items, appropriation, retail, and showcasing administrations. Broad rounds of essential and far reaching optional exploration have been utilized by the examiners at Fact.MR to show up at different assessments and projections for Demand of Power Hammer Market both at worldwide and provincial levels.
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Market Players: –
- Prada Nargesa
- Baileigh Industrial, Inc.
- Power Hammer, Blacksmith Tools Centre PERUN
- Anyang Hammers
- The Bharat Engineering Metal Work
- Robert Bosch GmbH
- Trow & Holden Company
- Ingersoll-Rand plc
“Multi-tasking & Time-saving Qualities of Power Hammers in Building & Construction Sectors”
The flexibility of power hammers to adapt to various sizes without sacrificing the quality of the work makes them special. Power hammers are employed not only in the forging of metal but also in the shaping of metal. Additionally, the market value of power hammers has increased due to their ability to deliver accuracy promptly.
Most of the smaller towns will inevitably expand into larger metropolises due to the world’s ongoing urbanization. As a result, the need for building & onstruction would rise quickly. As such, the construction sector is expected to benefit, which will subsequently increase the sales of power hammers.
The power hammer industry will have more room to expand as a result of the rise in automation, metal fabrication, and the maritime industry. Additionally, because they are useful for particular tasks, single effect, double effect, and counterblow hammers are exhibiting high demand.
Key Segments Covered in Power Hammer Industry Research
- Power Hammer Market by Type :
- Pneumatic Power Hammers
- Hydraulic Power Hammers
- Mechanical Power Hammers
- Steam Power Hammers
- Power Hammer Market by Industry :
- Metal Fabrication
- Power Hammer Market by Region :
- North America
- Latin America
- East Asia
- South Asia & Oceania
Regional analysis includes
- North America (U.S., Canada)
- Latin America (Brazil, Mexico, Argentina, Chile, Peru, Rest of LATAM)
- EU – (Germany, France, Italy, Spain), UK, BENELUX (Belgium, Netherlands, Luxemburg), NORDIC (Norway, Denmark, Iceland, Sweden), Eastern Europe (Poland, Ukraine, Czech Rep. etc.), Rest of Europe
- CIS & Russia
- Asia Pacific Excluding Japan (Greater China, India, S. Korea, ASEAN Countries, Rest of APEJ)
How Fact.MR Assists in Making Strategic Moves?
The data provided in the Power Hammer Market report offers comprehensive analysis of important industry trends. Industry players can use this data to strategize their potential business moves and gain remarkable revenues in the upcoming period.
The report covers the price trend analysis and value chain analysis along with analysis of diverse offering by market players. The main motive of this report is to assist enterprises to make data-driven decisions and strategize their business moves.