Global Demolition Equipment Market: An Overview

The task of demolition has become tougher with the day. Advances in engineering of machinery has enabled manufacturers provide equipment that are not only robust and sturdy but also ensure the safety of operators. New hydraulics has been incorporated with demolition equipment, the working range of machines has been expanded, and their uptime has seen vast improvement over the years. Thus the demolition market has seen constant unveiling of technologies that can meet the demanding requirements of end users. Countries where demolitions are common, such as earthquake-prone nations, have shaped the demand dynamic of the overall demolition equipment market. Manufacturers have also expanded their foothold by offering range of services. Robotics has paved way for new technological avenues in the demolition equipment market.

The types of machinery to which demolition equipment has been attached to include backhoe loaders, wheel loaders, material handlers, hydraulic excavators, track loaders, skid steer loaders, and multi terrain loaders.

Global Demolition Equipment Market: Growth Dynamics

The demolition equipment market is witnessing new growth dynamics in scrap recycling applications. A steady force behind this is the growing approach of the construction industry toward sustainable materials management approach.

The growing popularity of machine-mounted machinery for demolition has been a key trend shaping the dynamic of the demolition market. Advances in the way methodology and equipment are used for high-scale demolition, new technologies have come to the fore and reduced the time spent onsite as well as cost. Rapid pace of urbanization has unlocked a new potential in the demolition equipment market. Over the past few years, the concept of smart cities has gained traction in numerous countries world over. This has spurred the demand for demolition equipment to demolish aging infrastructures. Growing spending of governments in reconstruction works in these countries are helping in catalyzing the high sales of demolition equipment.

Are you a start-up willing to make it big in the business? Grab an exclusive PDF Brochure of this report here

Global Demolition Equipment Market: Notable Developments

In recent years, remotely controlled demolition equipment has offered fresh stream of revenues to the demolition equipment market. This has been driving the demand for state-of-the-art electrical systems to improve the performance of demolition equipment. A case in point is a series of remote-controlled demolition machines unveiled by Brokk AB. It has been focusing on making electrical system powerful enough to support the high-performance requirements of demolition works, particularly in the mining industry. Changing demands underpin the constant feature advancements by prominent manufacturers.

Some of the prominent players operating in the demolition equipment market are:

  • McClung-Logan Equipment Company, Inc.
  • Caterpillar Inc.
  • AB Volvo
  • Hughes & Salvidge Limited
  • Komatsu Europe International N.V.
  • Hitachi Construction Machinery Co., Ltd.
  • Hyundai Construction Equipment India Pvt. Ltd.

Looking for Regional Analysis or Competitive Landscape in demolition equipment market, ask for a customized report here

Global Demolition Equipment Market: Regional Outlook

The key regional markets for demolition equipment are North America, Europe, the Middle East and Africa, Asia Pacific, and Latin America. Growing numbers of smart building constructions in emerging economies are underpinning lucrative avenues in some regions. Among all the key regions in the demolition equipment market, Asia Pacific has shown extraordinary revenue potential, with the growth increasingly fueled by swelling investments in infrastructure developments. Europe has also been a potentially lucrative region in the demolition equipment market. Technological advancements in machine-mounted machinery are helping cement the potential of the regional market. Meanwhile, North America has remained an increasingly attractive market. The potential is driven by uptake of new technologies in challenging demolition projects. 

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market   

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.