Diesel Hammer Market: Market Dynamics
Increasing demand for the diesel hammers is driven by the rise in demand for commercial and residential infrastructure like commercial buildings, metro rails, residential buildings, highways, bridges etc. Increasing disposable income in developing regions is another factor driving the demand in the diesel hammer market. Increasing activities in the exploration of oil and the non-conventional gas have also increased the demand in the diesel hammer market. Increasing power generation projects using solar and wind energy is also a factor to boost sales in the diesel hammer market.
Rising regulations to the noise and air pollution is a restraining factor for the growth of diesel hammer market, as pollution by the diesel hammer is much high and is harmful to the environment.
Diesel Hammer Market: Market Segmentation
The diesel hammer market can be segmented on the basis of product type, application, and regions.
On the basis of product type, the diesel hammer market can be segmented into:-
- Heavy duty diesel hammer
- Medium duty diesel hammer
- Light duty diesel hammer
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On the basis of applications, the diesel hammer market can be segmented into:-
- Municipal engineering
Industries like mining require diesel hammer to reach to the depth to extract minerals. Construction industry requires diesel hammer to fit the pole as a support to the constructed infrastructure.
Diesel Hammer Market: Regional Outlook
The diesel hammer market can be segmented on the basis of geography into seven main regions as North America, Eastern Europe, Japan, MEA, Latin America, Western Europe and APEJ. North America is the leading vendor in the diesel hammer market due to highest technological advancement in the region to the use of heavy products. In APEJ also the market for diesel engines is rising, due to developing regions like China and India growing in the infrastructure activities, thereby increasing the demand in market. Eastern and Western Europe are also growing regions in the diesel hammer market and are expected to experience high surge during the forecast period. Regions like MEA and Japan are growing and are further expected to grow considerably in the forecast period.
Diesel Hammer Market: Key Players
Prominent players in the diesel hammer market are:-
- BSP International Foundations
- DELMAG GmbH & Co. KG
- Soilmec S.p.A
- Casagrande S.p.A
- Changsha Tianwei Engineering Machinery Manufacturing Co., Ltd.
- International Construction Equipment
- Bauer Group
- Junttan Oy
- Liebherr Group
- MAIT S.p.A
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