From GlobeNewswire: 2024-09-17 07:00:00

Fact.MR projects the global Vibratory Hammer Market revenue to reach US$ 649.4 million in 2024, with a 5.6% CAGR through 2034. The market is expanding due to urban construction projects and infrastructure needs. Vibratory hammers are used in marine and foundation construction, offering safer workplaces with lower noise and vibration levels.

By 2034, the global market for vibratory hammers is anticipated to hit US$ 1.12 billion. India is forecasted to reach US$ 75.3 million in 2024, with China contributing 61.2% in East Asia. Crane-mounted vibratory hammers are expected to reach sales of US$ 515.2 million by 2034, driven by global infrastructure demands.

High-frequency vibrations from vibratory hammers are speeding up pile driving in construction projects, reducing project durations. Major players in the industry are investing in R&D for lighter, stronger models with advanced features like automatic controls. Emphasis is on eco-friendly designs to comply with regulations and attract environmentally conscious customers.



Read more at GlobeNewswire: Vibratory Hammer Market to Surpass US$ 1.12 Billion,