Market Overview:
The Global Hydraulic Shaft Jumbo Market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for hydraulic shaft jumbos in coal mines and hydropower plants across the globe. Additionally, the growing construction and infrastructure industry is also fueling the demand for hydraulic shaft jumbos, thereby propelling the market growth. However, high installation and maintenance costs are restraining the market growth to some extent. On basis of type, full-automatic hydraulic shaft jumbo segment is projected to hold a dominant share in terms of revenue over 2018-2030 owing to its features such as low labor requirement and high efficiency levels as compared with semi-automatic hydraulic shaft jumbo segment. On basis of application, coal mine segment is anticipated witness highest adoption rate over 2018-2030 due rising demand for energy globally coupled with stringent government regulations pertaining safety measures in mining sector across various countries worldwide.
Product Definition:
A hydraulic shaft jumbo is a large, cylindrical piece of metal or concrete that is inserted into a drilled hole in the ground to support and stabilize an excavation. The hydraulic shaft jumbo is hydraulically operated and can be moved up and down to adjust to the changing height of the excavation.
Full-automatic Hydraulic Shaft Jumbo:
Full-automatic hydraulic shaft jumbo is a process of replacing manual transmission hydraulic systems with automatic ones. It increases the productivity and reduces the operational cost of the plant. The market for full-automatic hydraulic shaft jumbo has been growing at a significant pace, especially in developed countries such as U.S., Canada, Germany, France and Japan due to its high adoption rate coupled with technological advancements in automation technologies over recent years.
Semi-automatic Hydraulic Shaft Jumbo:
Semi-automatic hydraulic shaft jumbo is a device used to convert manual hydraulic systems into automatic ones. It is mainly used in mining and construction industries where there are frequent need for changing of tools or equipment due to high production rates.
The main objective of using semi-automatic hydraulic shaft jumbo is to increase the productivity and efficiency of the system by reducing human intervention, which in turn reduces cost associated with it.
Application Insights:
Coal mine was the largest application segment in 2017 and accounted for a market share of over 45% in terms of revenue. The segment is expected to witness significant growth during the forecast period on account of increasing demand for coal across various industries. Furthermore, growing demand from electric utilities and steel manufacturing companies will further propel industry growth over the coming years.
Hydropower application is anticipated to grow at a CAGR exceeding 5% during the forecast period on account of favorable government policies regarding development of large hydropower projects coupled with extensive usage across end-use industries such as mining, construction materials, paper mills and aluminum production facilities. In addition, rapid urbanization along with rising population has resulted in increased consumption of water resulting in an increase in hydropower generation capacity which will fuel industry expansion over the coming years.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing demand from hydropower generation, mining applications, and other industries. China is one of the largest consumers of these products owing to its extensive coal mines that require huge investments for development. Moreover, India’s government has planned various initiatives for developing infrastructure including roads, railways, airports etc., which will also drive product demand in near future.
North America accounted for a significant share in terms of revenue as well as volume due to growing emphasis on using eco-friendly materials while manufacturing hydraulic components coupled with stringent regulations by regulatory bodies such as U S EPA regarding emission control standards are likely to boost industry growth over the next eight years or so.
Europe was valued at USD X million in 2017.
Growth Factors:
- Increasing demand for hydraulic shaft jumbo in the construction and mining industry as it offers high performance and productivity.
- Growing awareness about the benefits of using hydraulic shaft jumbo in various applications is expected to fuel market growth over the forecast period.
- Rising demand for technologically advanced hydraulic shaft jumbo that offer improved efficiency is projected to boost market growth.
- Increasing investment by manufacturers in research and development to develop new products is anticipated to propel market expansion during the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Hydraulic Shaft Jumbo Market Research Report
By Type
Full-automatic Hydraulic Shaft Jumbo, Semi-automatic Hydraulic Shaft Jumbo
By Application
Coal Mine, Hydropower, Other
By Companies
Joy Global Inc., Gmmco Limited., Herrenknecht AG, CAT, Komatsu Mining Corp, Joy Global Inc.
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
154
Number of Tables & Figures
108
Customization Available
Yes, the report can be customized as per your need.
Global Hydraulic Shaft Jumbo Market Report Segments:
The global Hydraulic Shaft Jumbo market is segmented on the basis of:
Types
Full-automatic Hydraulic Shaft Jumbo, Semi-automatic Hydraulic Shaft Jumbo
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Coal Mine, Hydropower, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Joy Global Inc.
- Gmmco Limited.
- Herrenknecht AG
- CAT
- Komatsu Mining Corp
- Joy Global Inc.
Highlights of The Hydraulic Shaft Jumbo Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Full-automatic Hydraulic Shaft Jumbo
- Semi-automatic Hydraulic Shaft Jumbo
- By Application:
- Coal Mine
- Hydropower
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Hydraulic Shaft Jumbo Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Hydraulic shaft jumbo is a type of hydraulic pump that has a larger displacement than other pumps. This allows it to move more fluid and work faster.
Some of the major players in the hydraulic shaft jumbo market are Joy Global Inc., Gmmco Limited., Herrenknecht AG, CAT, Komatsu Mining Corp, Joy Global Inc..
The hydraulic shaft jumbo market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Hydraulic Shaft Jumbo Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Hydraulic Shaft Jumbo Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Hydraulic Shaft Jumbo Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Hydraulic Shaft Jumbo Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Hydraulic Shaft Jumbo Market Size & Forecast, 2018-2028 4.5.1 Hydraulic Shaft Jumbo Market Size and Y-o-Y Growth 4.5.2 Hydraulic Shaft Jumbo Market Absolute $ Opportunity
Chapter 5 Global Hydraulic Shaft Jumbo Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Hydraulic Shaft Jumbo Market Size Forecast by Type
5.2.1 Full-automatic Hydraulic Shaft Jumbo
5.2.2 Semi-automatic Hydraulic Shaft Jumbo
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Hydraulic Shaft Jumbo Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Hydraulic Shaft Jumbo Market Size Forecast by Applications
6.2.1 Coal Mine
6.2.2 Hydropower
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Hydraulic Shaft Jumbo Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Hydraulic Shaft Jumbo Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Hydraulic Shaft Jumbo Analysis and Forecast
9.1 Introduction
9.2 North America Hydraulic Shaft Jumbo Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Hydraulic Shaft Jumbo Market Size Forecast by Type
9.6.1 Full-automatic Hydraulic Shaft Jumbo
9.6.2 Semi-automatic Hydraulic Shaft Jumbo
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Hydraulic Shaft Jumbo Market Size Forecast by Applications
9.10.1 Coal Mine
9.10.2 Hydropower
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Hydraulic Shaft Jumbo Analysis and Forecast
10.1 Introduction
10.2 Europe Hydraulic Shaft Jumbo Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Hydraulic Shaft Jumbo Market Size Forecast by Type
10.6.1 Full-automatic Hydraulic Shaft Jumbo
10.6.2 Semi-automatic Hydraulic Shaft Jumbo
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Hydraulic Shaft Jumbo Market Size Forecast by Applications
10.10.1 Coal Mine
10.10.2 Hydropower
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Hydraulic Shaft Jumbo Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Hydraulic Shaft Jumbo Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Hydraulic Shaft Jumbo Market Size Forecast by Type
11.6.1 Full-automatic Hydraulic Shaft Jumbo
11.6.2 Semi-automatic Hydraulic Shaft Jumbo
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Hydraulic Shaft Jumbo Market Size Forecast by Applications
11.10.1 Coal Mine
11.10.2 Hydropower
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Hydraulic Shaft Jumbo Analysis and Forecast
12.1 Introduction
12.2 Latin America Hydraulic Shaft Jumbo Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Hydraulic Shaft Jumbo Market Size Forecast by Type
12.6.1 Full-automatic Hydraulic Shaft Jumbo
12.6.2 Semi-automatic Hydraulic Shaft Jumbo
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Hydraulic Shaft Jumbo Market Size Forecast by Applications
12.10.1 Coal Mine
12.10.2 Hydropower
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Hydraulic Shaft Jumbo Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Hydraulic Shaft Jumbo Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Hydraulic Shaft Jumbo Market Size Forecast by Type
13.6.1 Full-automatic Hydraulic Shaft Jumbo
13.6.2 Semi-automatic Hydraulic Shaft Jumbo
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Hydraulic Shaft Jumbo Market Size Forecast by Applications
13.10.1 Coal Mine
13.10.2 Hydropower
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Hydraulic Shaft Jumbo Market: Competitive Dashboard
14.2 Global Hydraulic Shaft Jumbo Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Joy Global Inc.
14.3.2 Gmmco Limited.
14.3.3 Herrenknecht AG
14.3.4 CAT
14.3.5 Komatsu Mining Corp
14.3.6 Joy Global Inc.