Market Overview:
The global chipping hammer market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for chipping hammers in construction and steel industry applications. Additionally, the growing demand for electric and hydraulic chipping hammers is also contributing to the growth of this market. However, fluctuations in raw material prices may hamper the growth of this market during the forecast period. On basis of type, electric chipping hammers are expected to dominate the global chipping hammer market during 2018-2030 owing to their high performance and low maintenance requirements as compared to other types of chipping hammers such as hydraulic and pneumatic ones. On basis of application, construction segment is anticipated witness highest CAGR over next 10 years on account surging infrastructural development activities across globe coupled with rising disposable income levels particularly in emerging countries such as China & India .
Product Definition:
A chipping hammer is a handheld tool used to drive chisels or punches. They are usually made from steel and have a wooden handle. Chipping hammers are important because they allow the user to apply more force than they could with their hands alone, which is necessary when driving chisels or punches into hard materials like metal.
Electric:
Electric, it’s usage.
The electric, as a tool is used for removing material from the work piece by striking with an insulated steel head. The material to be removed is held captive between the work piece and the electrode of an electric drill.
Hydraulic:
The hydraulic is the force that is generated when a heavy object is dropped. The energy acquired by the impacting object is transferred into forward motion. In chipping hammer, there are two types of Hammers namely fixed and portable hammers.
Application Insights:
The construction application segment accounted for the largest revenue share of over 40% in 2017. The demand for chipping hammers is expected to witness growth owing to its use in various construction activities such as concrete breaking, drilling, and crushing. In addition, increasing penetration of these products in the residential and commercial sectors is expected to drive their demand over the forecast period.
The steel industry application segment accounted for a significant market share in terms of revenue as well as volume in 2017.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing strong economic growth on account of increasing investments in infrastructural development, coupled with rising demand for construction materials. China is one of the largest consumers and producers of chipping hammers across this region owing to presence of numerous steel plants in this country.
North America accounted for a significant share due to high product penetration by DAFTAR, a manufacturer based out of U.S., which has been promoting utility vehicles including heavy-duty commercial trucks such as cement mixers, concrete mixers, road rollers among others since inception in 1980s.
Growth Factors:
- Increasing demand from construction and automotive industries
- Growing popularity of chipping hammers as a DIY tool
- Rising awareness about the benefits of using chipping hammers
- Technological advancements in chipping hammer design and functionality
- Growing number of online retailers offering chipping hammers at competitive prices
Scope Of The Report
Report Attributes
Report Details
Report Title
Chipping Hammer Market Research Report
By Type
Electric, Hydraulic, Pneumatic
By Application
Construction, Steel Industry, Others
By Companies
Ingersoll Rand, The Lincoln Electric, Chicago Pneumatic, Henrytools Manufacture, Atlas Copco, STANLEY, JET Tools, Champion Chisel Works，Inc, Doosan, Sullair, Ingersoll Rand
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
202
Number of Tables & Figures
142
Customization Available
Yes, the report can be customized as per your need.
Global Chipping Hammer Market Report Segments:
The global Chipping Hammer market is segmented on the basis of:
Types
Electric, Hydraulic, Pneumatic
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
Construction, Steel Industry, Others
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:
- Ingersoll Rand
- The Lincoln Electric
- Chicago Pneumatic
- Henrytools Manufacture
- Atlas Copco
- STANLEY
- JET Tools
- Champion Chisel Works，Inc
- Doosan
- Sullair
- Ingersoll Rand
Highlights of The Chipping Hammer 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:
- Electric
- Hydraulic
- Pneumatic
- By Application:
- Construction
- Steel Industry
- Others
- 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 Chipping Hammer 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
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Chipping Hammer is a tool used to remove large pieces of rock, concrete, or other hard materials.
Some of the key players operating in the chipping hammer market are Ingersoll Rand, The Lincoln Electric, Chicago Pneumatic, Henrytools Manufacture, Atlas Copco, STANLEY, JET Tools, Champion Chisel Works，Inc, Doosan, Sullair, Ingersoll Rand.
The chipping hammer 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 Chipping Hammer 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 Chipping Hammer Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Chipping Hammer 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 Chipping Hammer 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 Chipping Hammer Market Size & Forecast, 2020-2028
4.5.1 Chipping Hammer Market Size and Y-o-Y Growth
4.5.2 Chipping Hammer Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Electric
5.2.2 Hydraulic
5.2.3 Pneumatic
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Construction
6.2.2 Steel Industry
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Chipping Hammer 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 Chipping Hammer 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Electric
9.6.2 Hydraulic
9.6.3 Pneumatic
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 Market Size Forecast by Applications
9.10.1 Construction
9.10.2 Steel Industry
9.10.3 Others
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Electric
10.6.2 Hydraulic
10.6.3 Pneumatic
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 Market Size Forecast by Applications
10.10.1 Construction
10.10.2 Steel Industry
10.10.3 Others
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Electric
11.6.2 Hydraulic
11.6.3 Pneumatic
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 Market Size Forecast by Applications
11.10.1 Construction
11.10.2 Steel Industry
11.10.3 Others
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Electric
12.6.2 Hydraulic
12.6.3 Pneumatic
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 Market Size Forecast by Applications
12.10.1 Construction
12.10.2 Steel Industry
12.10.3 Others
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Electric
13.6.2 Hydraulic
13.6.3 Pneumatic
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) Market Size Forecast by Applications
13.10.1 Construction
13.10.2 Steel Industry
13.10.3 Others
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 Chipping Hammer Market: Competitive Dashboard
14.2 Global Chipping Hammer Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Ingersoll Rand
14.3.2 The Lincoln Electric
14.3.3 Chicago Pneumatic
14.3.4 Henrytools Manufacture
14.3.5 Atlas Copco
14.3.6 STANLEY
14.3.7 JET Tools
14.3.8 Champion Chisel Works，Inc
14.3.9 Doosan
14.3.10 Sullair
14.3.11 Ingersoll Rand
