Market Size in 2020 | Market Forecast in 2028 | CAGR (in %) | Base Year |
---|---|---|---|
USD 358 Million | USD 575 Million | 8.6% | 2020 |
FrequentlyAsked Questions
Growth of jackhammer market over assessment period can be credited to its elongated shelf life, operational efficiency, and less maintenance charges.
According to Zion market research report, the global Jackhammer Market accrued earnings worth approximately 325 (USD Million) in 2020 and is predicted to gain revenue of about 575(USD Million) by 2028, is set to record a CAGR of nearly 8.6% over the period from 2021 to 2028.
Asia Pacific will contribute lucratively towards the global market earnings over the next seven years. The regional market surge is subject to surge in population across countries such as Japan, India, and China resulting in rise in construction sector culminating in huge product penetration.
The key market participants include Atlas Copco, Makita Corporation, DEWALT, Koki Holdings Co., Ltd., Einhell Germany AG, Hilti Corporation, The Milwaukee Electric Tool Corporation, Robert Bosch Tool Corporation, Stanley Black & Decker, Inc., and Indeco Ind. SpA.
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