Jim Cramer Rebukes Analysts For Harsh Stance On Adobe Despite Strong Q3 Earnings Report — Asks For Balanced Perspective Between 'Total Euphoria And Total Skepticism'
Jim Cramer criticized analysts for their harsh stance on Adobe Inc. ADBE following its third-quarter financial results.
What Happened: According to Cramer the host of CNBC’s “Mad Money,” analysts are overlooking Adobe’s fundamental strengths.
On Thursday, Adobe released its third-quarter earnings after the market closed. Cramer took to X, formerly known as Twitter to voice his concerns, stating, “Analysts very tough on Adobe guide tonight, ignoring core strength of the quarter.”
Cramer emphasized the need for a balanced perspective, saying, “I know, the forecast is the forecast, but there is something in between total euphoria and total skepticism.”
Why It Matters: Adobe’s third-quarter earnings report revealed a record revenue of $5.41 billion, surpassing analysts’ expectations of $5.37 billion, and a 10.63% year-over-year growth.
The company’s earnings per share also beat estimates, coming in at $4.65 compared to the expected $4.53.
Additionally, Adobe has been a key player in the artificial intelligence space, with investors like Jim Lebenthal of Cerity Partners highlighting the company’s ability to monetize AI technologies. This has positioned Adobe as a top tech pick alongside Oracle Corp.
Price Action: Adobe stock closed at $586.55 Thursday, 1.06%. In after-hours trading, the stock dropped 9.12%. Year-to-date, Adobe’s stock has increased 1.12%, according to data from Benzinga Pro.
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This story was generated using Benzinga Neuro and edited by Kaustubh Bagalkote
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RH Stock Rallies After Better-Than-Expected Q2 Results: Details
RH RH shares are climbing after the company reported its second-quarter financial results after Thursday’s closing bell. Here’s a look at the details from the report.
The Details: RH, a home furnishings company, reported quarterly earnings of $1.69 per share, which beat the analyst consensus estimate of $1.56 by 8.33%. Quarterly sales of $829.65 million beat the consensus estimate of $824.52 million and represent growth of 3.64% over the same period last year.
The company will host a conference call to discuss the results at 5 p.m. ET Thursday.
“We are pleased to report that demand was up 7% in the second quarter and has continued to inflect positive, gaining momentum each month with July finishing up 10%. Demand accelerated into the third quarter with August up 12% and product margins inflecting positive despite operating in the most challenging housing market in three decades,” commented CEO Gary Friedman.
“Our investments in the most prolific product transformation and platform expansion in our history are now resulting in RH gaining significant market share in North America while building the foundation for our long-term global expansion across Europe, Australia and the Middle East over the next decade.”
Read Next: What’s Going On With Micron Stock?
Outlook: RH adjusted its third-quarter revenue growth forecast to a range of 7% to 9% and fiscal-year revenue growth forecast to a range of 5% to 7%.
RH Price Action: According to Benzinga Pro, RH shares are up 20.43% after-hours at $309.89 at the time of publication Thursday.
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Energy Companies Sustain Minimal Damages As Hurricane Francine Weakens Inland
Energy companies on the U.S. Gulf Coast suffered minimal damage after Hurricane Francine made landfall on Wednesday as a Category 2 hurricane and weakened as it made its way inland on Thursday.
Shell plc SHEL inspected its manufacturing sites in Geismar and Norco, Louisiana, to ensure the. integrity of its equipment, systems and processes.
“At this early stage, there does not appear to be serious damage from wind, rain or storm surge at the facilities,” the company said on Thursday.
“As always, the safety of our people, the environment and our assets are Shell’s top priority.”
Entergy Corp ETR said it had 10,790 customer outages in the southern area of its Mississippi territory, and that outages are expected to fluctuate throughout Thursday as the storm moved through its service area.
“We have assembled a team of over 1,500 linemen, vegetation workers, damage assessors and support personnel to work with our Entergy teams in the restoration process,” the company said.
Read Also: Hurricane Disrupts UPS Deliveries In Southern US: Details
“We stand ready as Francine continues to impact our service area and are responding by assessing damage and restoring service to our customers where it is safe to do so.”
Pipeline operator Enterprise Products Partners LP EPD on Thursday said its assets in south Louisiana did not sustain any noteworthy damage as a result of the storm, but it did say that some customers lost power, Reuters reported.
“The main issue at present is a loss of commercial power at locations in the track of the storm. Temporary generators are being deployed where possible and Enterprise is working with electric service providers to prioritize their restoration efforts,” the company said.
The hurricane weakened Thursday as it headed inland, allowing emergency crews in Lousiana to begin clearing roads while utility workers started restoring electricity, the Associated Press reported.
At the height of the storm, 450,000 people in Louisiana were without power, according to the state’s Public Service Commission. Many outages were caused by falling debris.
Hurricane Francine dumped up to six inches of rain in parts of Mississippi, Arkansas, Tennessee and Georgia and up to 10 inches in some areas of Alabama and Florida.
Price Action: Energy companies with facilities on the U.S. Gulf Coast trended upward on Thursday.
- Shell gained 1.16% to close at $66.98
- Entergy picked up 1.09% to end the trading day at $123.55
- Enterprise Product Partners edged up 0.79% to close at $29.40
Generac Holdings Inc. GNRC, a manufacturer of generators for homes and businesses, declined 1.76% to $140.68 on Thursday.
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Herbicides Market Size to Hit USD 63.0 Billion by 2034 at a CAGR of 6.3%, Driven by Rising Adoption of Genetically Modified Crops and Precision Agriculture: Transparency Market Research Inc.
Wilmington, Delaware, United States, Transparency Market Research, Inc., Sept. 12, 2024 (GLOBE NEWSWIRE) — The global herbicides market (제초제 시장) is estimated to flourish at a CAGR of 6.3% from 2024 to 2034. Transparency Market Research projects that the overall sales revenue for herbicides is estimated to reach US$ 63.0 billion by the end of 2034.
A prominent driver is the rise of precision agriculture techniques. Farmers are increasingly adopting precision farming methods, including satellite imagery, drones, and GPS technology, to precisely target herbicide application. This not only optimizes weed control but also minimizes herbicide usage, reducing environmental impact and costs.
An emerging driver is the growing concern over herbicide resistance. As weeds develop resistance to traditional herbicides, there’s a heightened demand for novel herbicide formulations and alternative weed management strategies. This has spurred innovation in herbicide development, with companies investing in new active ingredients and modes of action to combat resistant weeds effectively.
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Regulatory changes and shifts in consumer preferences are influencing herbicide market dynamics. Increased scrutiny of pesticide usage and stricter regulations on chemical residues in food products are driving demand for safer and more sustainable herbicide solutions. Companies are responding by developing bio-based herbicides and exploring natural weed control methods to meet evolving regulatory requirements and consumer expectations.
Climate change is emerging as a significant driver in the herbicide market. Shifts in weather patterns and the spread of invasive species are altering weed distribution and prevalence, necessitating adaptive weed management strategies and driving demand for herbicides tailored to changing environmental conditions.
Herbicides Market: Competitive Landscape
In the herbicides market, competition is fierce among major players striving for market dominance and innovation. Agrochemical giants like Bayer AG, BASF SE, and Syngenta AG command significant market share with extensive product portfolios and global reach. Companies such as DowDuPont and Corteva Agriscience continuously invest in research and development to introduce novel herbicide formulations and technologies.
Regional players also play a vital role, catering to local agricultural needs and preferences. Price competitiveness, regulatory compliance, and environmental sustainability are key factors shaping competition in this dynamic market, driving companies to focus on product differentiation and strategic partnerships to maintain their competitive edge. Some prominent players are as follows:
- Nutrien
- Bayer AG
- BASF SE
- DuPont de Nemours Inc.
- ICL Group Ltd.
- Syngenta Group (NI) B.V.
- FMC Corporation
- Nufarm
- PI Industries
Product Portfolio
- FMC Corporation offers a comprehensive portfolio of agricultural solutions, including crop protection products, plant health technologies, and innovative agricultural chemicals, empowering farmers worldwide to enhance crop yields and sustainability.
- Nufarm specializes in crop protection and seed solutions, providing farmers with a diverse range of herbicides, fungicides, and insecticides. Their innovative products support sustainable agriculture practices and promote healthier crops.
- PI Industries excels in agrochemical manufacturing and custom synthesis solutions, delivering high-quality active ingredients and formulations to global agricultural markets. With a focus on innovation and sustainability, PI Industries supports farmers in optimizing crop productivity and profitability.
Key Findings of the Market Report
- Glyphosate remains the leading product segment in the herbicides market, with its broad-spectrum weed control capabilities and widespread usage worldwide.
- Cereals & grains emerge as the leading application segment in the herbicides market, driving significant demand for weed management solutions globally.
- North America leads the herbicides market, driven by extensive agricultural land, advanced farming techniques, and high adoption rates of herbicide technologies.
Herbicides Market Growth Drivers & Trends
- Increasing demand for food production due to rising population drives herbicide market growth.
- Adoption of genetically modified crops necessitates effective weed management, boosting herbicide usage.
- Growing adoption of sustainable agriculture practices promotes eco-friendly herbicide formulations.
- Expansion of agricultural land and mechanization in emerging economies fuel herbicide market growth.
- Technological advancements in herbicide formulations and application methods enhance efficacy and minimize environmental impact.
Global Herbicides Market: Regional Profile
- The global herbicides market exhibits diverse regional profiles, each influenced by unique agricultural practices, regulatory frameworks, and environmental concerns. North America emerges as a significant market player, driven by extensive agricultural land and advanced farming techniques. Key herbicide manufacturers like Bayer AG and Corteva Agriscience dominate this region, offering a wide range of herbicides tailored to local crop varieties and weed pressures.
- In Europe, stringent regulations regarding pesticide usage and increasing adoption of sustainable agriculture practices shape the herbicides market landscape. Companies like BASF SE and Syngenta AG focus on developing eco-friendly herbicide formulations to comply with regulatory standards while meeting farmer demands for effective weed control.
- The Asia Pacific region presents immense growth opportunities fueled by expanding agricultural activities and rising demand for food security. Countries like China and India drive market growth, with companies such as UPL Limited and Nufarm Limited catering to diverse crop portfolios and farming practices. Government initiatives promoting mechanization and modernization of agriculture further boost herbicide adoption in the region.
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Herbicides Market: Key Segments
By Product
- Acetochlor
- 2,4-D
- Glyphosate
- Atrazine
- Others
By Application
- Oilseeds & Pulses
- Cereals & Grains
- Fruits & Vegetables
- Others (Nurseries, Turf, etc.)
By Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Explore More Trending Report by Transparency Market Research:
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- Calcium Chloride Market – The global calcium chloride market (염화칼슘 시장) is Expected to Achieve USD 4.6 billion by 2034 with a 4.5% CAGR from 2023 – 2034 | Insights from TMR Research
- Fatty Acid Methyl Ester (FAME) Market – The global fatty acid methyl ester (FAME) market (세계의 지방산 메틸 에스테르(FAME) 시장) is estimated to grow at a CAGR of 5.7% from 2024 to 2034 and reach US$ 32.4 Billion by the end of 2034.
- Chemical Injection Skid Market – The global chemical injection skid market (화학 주입 스키드 시장) is estimated to grow at a CAGR of 4.0% from 2024 to 2034 and reach US$ 2.8 Billion by the end of 2034.
About Transparency Market Research
Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyses information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
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Solventum Shares May Gain on the Launch of Its New V.A.C Therapy
Solventum Corporation SOLV recently announced the launch of the V.A.C. Peel and Place Dressing, an integrated dressing and drape that can be applied quickly and worn by patients for up to seven days.
Traditional dressings for negative pressure wound therapy typically take more than twice as long to apply, require a multi-step process of measuring and cutting separate foam and adhesive components, and may need to be changed at least three times a week.
The latest launch by SOLV is likely to solve the persisting issues of traditional dressings for negative pressure wound therapy, making it more accessible and less painful. The V.A.C. Peel and Place Dressing is an essential innovation in wound care that has the potential to improve outcomes, save both time and money and enhance the overall patient and clinician experience.
Due to the factors mentioned above, the product is likely to witness substantial demand in the field of negative pressure wound therapy and contribute to the top-line growth of the company, thus driving the share price of SOLV higher.
More on the SOLV’s V.A.C Peel and Place Dressing
The latest development in V.A.C. Therapy is the new V.A.C. Peel and Place Dressing. Due to its integrated dressing and drape design, dressing application and changes are easier to perform, requiring less time and training. Moreover, it has an integrated non-adherent, perforated layer that reduces tissue ingrowth and lessens discomfort when removing the dressing.
The V.A.C. Peel and Place Dressing is suggested for use on wounds up to 6 cm deep, covering chronic, acute, traumatic, subacute, and dehisced wounds. Additionally, it can be used on partial thickness burns, pressure ulcers (such as those caused by diabetes), venous insufficiency, flaps, and grafts.
Research has demonstrated that the V.A.C. Peel and Place Dressing can substantially reduce therapy application time. It can also lower hospital bedside expenditures significantly because of fewer dressing changes and lower home nursing visits per week.
V.A.C. Therapy has been linked to noticeably faster wound healing. Over nearly three decades, it has been used globally to treat more than 10 million wounds. However, a rise in wound numbers is increasing due to aging populations and the incidence of chronic illnesses such as obesity and diabetes. The V.A.C. Peel and Place Dressing enables V.A.C. Therapy to be used on a wider range of patients across the continuum of care in both acute and post-acute settings.
The product is available now in the United States and Canada. Additional global regulatory submissions and approvals are pending.
Favorable Industry Prospects for SOLV
Per a report by Grand View Research, the global negative pressure wound therapy market size was estimated to be $2.5 billion in 2023 and is expected to witness a CAGR of 6.6% from 2024 to 2030.
Given the market potential, SOLV’s V.A.C Peel and Place Dressing is likely to provide a boost to SOLV’s business.
SOLV’s Price Performance
In the past six months, SOLV shares have lost 1.1% compared with the industry’s decline of 1.3%. The S&P 500 has gained 6.4% in the same time frame.
Image Source: Zacks Investment Research
SOLV’s Zacks Rank and Stocks to Consider
Currently, SOLV has a Zacks Rank #3 (Hold).
Some better-ranked stocks in the broader medical space are Universal Health Service UHS, Quest Diagnostics DGX and ABM Industries ABM. While Universal Health Service sports a Zacks Rank #1 (Strong Buy), Quest Diagnostics and ABM Industries presently carry a Zacks Rank #2 (Buy).
Universal Health Service has an estimated long-term growth rate of 19%. UHS’ earnings surpassed estimates in each of the trailing four quarters, with the average being 14.58%.
Universal Health Service has gained 56.1% so far this year compared with the industry’s 48.1% rise.
Quest Diagnostics has an estimated long-term growth rate of 6.20%. DGX’s earnings surpassed estimates in each of the trailing four quarters, with the average surprise being 3.31%.
Quest Diagnostics shares have gained 13.9% so far this year compared with the industry’s 17.9% rise.
ABM Industries’ earnings surpassed estimates in each of the trailing four quarters, delivering an average surprise of 7.34%.
ABM’s shares have risen 27.4% so far this year compared with the industry’s 17% growth.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Cannabis Experts Say Weed Reform Is A Race Against Time, Is The DEA Delaying Biden's Rescheduling Proposal?
Investors in the cannabis sector are closely watching the potential rescheduling of cannabis by the DEA—a decision that could reshape the industry and unlock significant tax relief. As experts at a recent webinar discussed, the path forward hinges on a key Administrative Law Judge (ALJ) hearing scheduled for December 2, 2024, which could determine how quickly these changes will come and how much the market might shift.
Why Cannabis Reform Is Not A Priority In 2024
On September 11, 2024, Zuanic & Associates hosted a comprehensive webinar focused on the ongoing process of cannabis rescheduling in the United States. Moderated by senior analyst Pablo Zuanic and Anthony Coniglio, CEO of NLCP, the panel featured industry experts Kelly Fair, a partner at Dentons, and Morgan Fox, the political director of the National Organization for the Reform of Marijuana Laws (NORML), the oldest cannabis reform organization in the U.S., founded in 1970.
Both panelists highlighted that while cannabis policy reform has gained traction among presidential candidates, it remains a secondary issue for the majority of voters.
Fox emphasized that although rescheduling is a step in the right direction, NORML’s ultimate goal is full descheduling. Fox suggested that descheduling would allow Congress to take meaningful steps toward regulating cannabis effectively, unlike the rescheduling process, which he deemed prone to political delays.
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Who Gets To Speak At The Cannabis Hearing?
A significant portion of the discussion revolved around the technical aspects of the upcoming ALJ hearing. Fair clarified the procedural steps, noting that those wishing to speak must apply by September 30 with final speaker lists expected by November 2024.
Fair highlighted the importance of this hearing in shaping the final rescheduling rule, as it provides a platform for both proponents and opponents of the rescheduling proposal to present evidence. However, the panel agreed that the DEA retains substantial discretion in deciding the scope of the hearing and final rule.
Evidence and expert testimony presented during the ALJ hearing will play a pivotal role in shaping the DEA’s final decision on cannabis rescheduling. Both proponents and opponents of rescheduling will need to provide compelling arguments, as the DEA’s interpretation of this evidence could determine the outcome of the entire process.
Potential Delays And Challenges
Both Fox and Fair acknowledged that procedural hurdles and potential judicial challenges could prolong the timeline. Fox noted that any final ruling would likely face legal opposition, which could further delay implementation. Fair added that while the ALJ’s findings are essential, the DEA is not obligated to follow those recommendations, which adds another layer of uncertainty.
The webinar concluded with cautious optimism.
While rescheduling could provide some immediate relief, particularly by eliminating the 280E tax burden, the path forward remains uncertain due to potential political changes and judicial challenges. The panelists agreed that rescheduling is a step in the right direction but emphasized that descheduling remains the ultimate goal for meaningful cannabis reform.
Read Next: What Trump Learned About Marijuana That DeSantis Did Not And Why The GOP Might Become Weed-Friendly
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These 5 parts of the stock market are most at risk if Trump wins the election and implements wide-reaching tariffs, Barclays says
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Trump’s proposed tariffs would lower S&P 500 earnings as much as 4.7% next year, Barclays said.
-
The presidential candidate has pledged to unleash universal tariffs on all US trade if elected.
-
The firm outlined which five sectors are the most exposed to losses if Trump wins and implements tariffs.
Donald Trump’s plan to tax virtually all US imports would take a big toll on 2025 earnings, according to Barclays research.
Current outlooks view the election as a coin toss between Trump and Kamala Harris, his Democratic rival. But the outcome has high stakes for trade policy, as the former president has committed to unleashing trade barriers around the US.
“Other countries are going to finally, after 75 years, pay us back for all that we’ve done for the world. And the tariff will be substantial in some cases,” Trump said during the presidential debate on Tuesday.
He previously said that if elected president, all countries could face a 10% universal tariff, while duties on Chinese products would reach as high as 60%. A 100% tariff on cars imported through Mexico could also be in store, Barclays cited him as saying.
If implemented, the bank expects these policies to cut into the S&P 500’s earnings.
To be sure, US firms have some way of navigating higher costs associated with tariffs, Barclays said. That includes shifting supply chains or passing prices on to consumers.
But import duties will hit profit margins to a degree, as companies risk losing market share if they don’t absorb some of the costs.
“We find that SPX earnings would be negatively impacted by 3.2% if the new Trump tariffs are enacted and another 1.5% if those countries were to retaliate with similar measures,” analysts wrote on Thursday.
Companies that rely more heavily on supply chains are especially at risk, with five sectors in most danger: materials, discretionary, industrials, technology, and healthcare, Barclays said.
Discretionary stocks would suffer the largest earnings-per-share impact from import tariffs alone — sector earnings would fall around 10%, Barclays data showed.
Meanwhile, materials is most impacted by retaliatory tariffs on exports. Sector earnings here would drop close to 8%.
Other economists have loudly criticized Trump’s tariff idea as fuel for inflation, given that prices will rise amid a pullback in foreign products.
According to Barclays, inflation would climb 0.09 percentage points in the short run, and US GDP could take a 1.2% hit in the first 12 months.
“While the new proposed tariffs would have a modest direct negative impact on corporate earnings if implemented, the second order effects from higher cost inflation and slowing economic growth would be an incremental headwind to corporate earnings, and cause further pain,” the bank said.
Read the original article on Business Insider
Gold Reaches Record High As Dollar Weakens On Soft Producer Inflation Data; Wall Street Eyes Fourth Day Of Gains
A broadly softer-than-expected U.S. producer inflation report triggered market shifts on Thursday, driving down the value of the dollar and Treasury yields while boosting gold prices to a new all-time high.
Meanwhile, U.S. equity futures ticked upward, signaling a potential fourth consecutive session of gains for U.S. stocks.
Economic data released Thursday showed the headline Producer Price Index (PPI) for final demand slowing to 1.7% year-over-year in August, below market expectations of 1.8% and down from July’s downwardly revised 2.1%. On a monthly basis, PPI increased by 0.2%, surpassing the forecasted 0.1% and improving from the revised flat reading for July.
Core PPI, which excludes volatile food and energy prices, remained stable at 2.4% year-over-year, slightly underperforming the expected 2.5%. On a month-to-month basis, core PPI rebounded with a 0.3% rise, up from the previous month’s 0.2% decline and surpassing expectations of a 0.2% increase.
In parallel, weekly initial jobless claims came in at 230,000, in line with market forecasts, signaling stable labor market conditions.
Across the Atlantic, the European Central Bank (ECB) cut its key policy rate by 25 basis points, marking the second reduction since June. The ECB justified the move as part of its efforts to moderate monetary policy.
The ECB kept its inflation outlook steady but revised its growth forecasts downward. The central bank emphasized a data-dependent approach for future decisions, with no commitment to further rate cuts.
Market Reactions
Market reactions to the U.S. data were relatively muted. Rate-cut expectations for the Federal Reserve’s meeting next week remained stable, with the probability of a 25-basis-point cut holding firm at 85%.
- U.S. Treasury yields softened, with the iShares 20+ Year Treasury Bond ETF TLT down 0.2% as yields slightly decreased.
- The U.S. dollar, as tracked by the Invesco DB USD Index Bullish Fund ETF UUP, slipped 0.1%.
- The S&P 500, as tracked by the SPDR S&P 500 ETF Trust SPY, traded 0.2% higher in the premarket, as of 9:05 a.m. ET.
- Tech stocks, followed by the Invesco QQQ Trust, Series 1 QQQ, were 0.1% higher.
- Small caps, as tracked by the iShares Russell 2000 ETF IWM, rose 0.4%.
- The Energy Select Sector SPDR Fund XLE was the top-performing S&P 500 sector in the premarket, up 0.6%.
- Gold prices, monitored through the SPDR Gold Trust GLD, rose by 1.1% to 2,538 per ounce.
- Bitcoin BTC/USD rose 1.3%.
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[Latest] Global Hydraulic Breaker Market Size/Share Worth USD 3.8 Billion by 2033 at a 5.6% CAGR: Custom Market Insights (Analysis, Outlook, Leaders, Report, Trends, Forecast, Segmentation, Growth, Growth Rate, Value)
Austin, TX, USA, Sept. 12, 2024 (GLOBE NEWSWIRE) — Custom Market Insights has published a new research report titled “Hydraulic Breaker Market Size, Trends and Insights By Type (Premium, Non-Premium), By Application (Breaking Oversized Material, Trenching, Demolition, Others), By End-use Industry (Construction, Mining, Others), and By Region – Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2024–2033“ in its research database.
“According to the latest research study, the demand of global Hydraulic Breaker Market size & share was valued at approximately USD 1.8 Billion in 2023 and is expected to reach USD 2 Billion in 2024 and is expected to reach a value of around USD 3.8 Billion by 2033, at a compound annual growth rate (CAGR) of about 5.6% during the forecast period 2024 to 2033.”
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Hydraulic Breaker Market: Overview
A hydraulic breaker is a type of construction equipment used to break through hard rocks and structures. It is equipped with a strong breaker that is mounted to an excavator. It is run by the excavator’s auxiliary hydraulic system, which has a foot-operated valve for that reason.
The growing need for new roads, bridges, tunnels, and other constructions has resulted in a rising demand for handheld hydraulic breakers. With the help of hydraulic breakers, new construction operations require the demolition of older structures.
A rise in pipeline and subterranean electric transmission infrastructure projects is anticipated to fuel the industry’s growth. Moreover, the mining sector has to use enormous hydraulic breakers in rock mines due to the rising aggregate demand needed for growing infrastructure projects.
The hydraulic breaker industry is expanding as a result. One of the main factors propelling the worldwide market for handheld hydraulic breakers is the growth of the building and infrastructure sectors. Moreover, a rise in the need for the most productivity in the quickest amount of time at the lowest cost is anticipated to propel the hydraulic breaker market.
Because of their high productivity, hydraulic breaks are anticipated to grow the hydraulic breaker market over the forecast period.
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By type, the premium segment held the highest market share in 2023 and is expected to keep its dominance during the forecast period 2024-2033. The premium segment can be attributed to the growing need for robust and high-performing hydraulic breakers in large-scale mining and construction projects, where clients are prepared to pay more for increased efficiency and productivity.
By application, the breaking oversized material segment held the highest market share in 2023 and is expected to keep its dominance during the forecast period 2024-2033. Hydraulic breakers used in this segment contribute to increased productivity, enhanced safety, and improved precision when dealing with sizable materials.
By end-use industry, the mining segment held the highest market share in 2023 and is expected to keep its dominance during the forecast period 2024-2033. The mining industry relies heavily on hydraulic breakers for rock excavation and is anticipated to drive market growth.
North America is a prominent trend in the Hydraulic Breaker Market mostly due to demand from the mining and construction sectors. The need for hydraulic breakers for excavation and demolition operations is being driven by the region’s expanding construction industry.
Epiroc AB is a leading position in the global hydraulic breaker market firm launched its new hydraulic breaker, HB 7000 DP, which is designed for carriers in the 70-85 ton range to improve their position in the market, businesses are concentrating on strategic alliances, product innovation, and mergers and acquisitions.
Report Scope
| Feature of the Report | Details |
| Market Size in 2024 | USD 2 Billion |
| Projected Market Size in 2033 | USD 3.8 Billion |
| Market Size in 2023 | USD 1.8 Billion |
| CAGR Growth Rate | 5.6% CAGR |
| Base Year | 2023 |
| Forecast Period | 2024-2033 |
| Key Segment | By Type, Application, End-use Industry and Region |
| Report Coverage | Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends |
| Regional Scope | North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America |
| Buying Options | Request tailored purchasing options to fulfil your requirements for research. |
(A free sample of the Hydraulic Breaker report is available upon request; please contact us for more information.)
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Our Free Sample Report Consists of the following:
- Introduction, Overview, and in-depth industry analysis are all included in the 2024 updated report.
- The COVID-19 Pandemic Outbreak Impact Analysis is included in the package.
- About 220+ Pages Research Report (Including Recent Research)
- Provide detailed chapter-by-chapter guidance on the Request.
- Updated Regional Analysis with a Graphical Representation of Size, Share, and Trends for the Year 2024
- Includes Tables and figures have been updated.
- The most recent version of the report includes the Top Market Players, their Business Strategies, Sales Volume, and Revenue Analysis
- Custom Market Insights (CMI) research methodology
(Please note that the sample of the Hydraulic Breaker report has been modified to include the COVID-19 impact study prior to delivery.)
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CMI has comprehensively analyzed the Global Hydraulic Breaker market. The driving forces, restraints, challenges, opportunities, and key trends have been explained in depth to depict the in-depth scenario of the market. Segment wise market size and market share during the forecast period are duly addressed to portray the probable picture of this Global Blister Packaging industry.
The competitive landscape includes key innovators, after market service providers, market giants as well as niche players are studied and analyzed extensively concerning their strengths, weaknesses as well as value addition prospects. In addition, this report covers key players profiling, market shares, mergers and acquisitions, consequent market fragmentation, new trends and dynamics in partnerships.
Key questions answered in this report:
- What is the size of the Hydraulic Breaker market and what is its expected growth rate?
- What are the primary driving factors that push the Hydraulic Breaker market forward?
- What are the Hydraulic Breaker Industry’s top companies?
- What are the different categories that the Hydraulic Breaker Market caters to?
- What will be the fastest-growing segment or region?
- In the value chain, what role do essential players play?
- What is the procedure for getting a free copy of the Hydraulic Breaker market sample report and company profiles?
Key Offerings:
- Market Share, Size & Forecast by Revenue | 2024−2033
- Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Leading Trends
- Market Segmentation – A detailed analysis by Types of Services, by End-User Services, and by regions
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
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Hydraulic Breaker Market: Regional Analysis
By region, Hydraulic Breaker Market is segmented into North America, Europe, Asia-Pacific, Latin America, the Middle East & Africa. The Asia-Pacific dominated the Hydraulic Breaker Market in 2023 with a market share of 43.6% and is expected to keep its dominance during the forecast period 2024-2033.
The Asia-Pacific region is a driving force in the hydraulic breaker market due to robust infrastructure development and construction activities. Countries like China, India, Japan, and South Korea are experiencing rapid urbanization, leading to increased demand for hydraulic breakers in various applications such as demolition, quarrying, mining, and road construction.
The growing emphasis on infrastructure projects, including highways, railways, bridges, and tunnels, further fuels the demand for hydraulic breakers to facilitate excavation and rock breaking tasks efficiently.
Additionally, initiatives aimed at improving construction efficiency and productivity are encouraging the adoption of advanced hydraulic breaker technologies in the region. For instance, in January 2023, The Federal Highway Administration (FHWA) declared that it would invest USD 2.1 billion in infrastructure upgrades for bridges.
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Browse the full “Hydraulic Breaker Market Size, Trends and Insights By Type (Premium, Non-Premium), By Application (Breaking Oversized Material, Trenching, Demolition, Others), By End-use Industry (Construction, Mining, Others), and By Region – Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2024–2033“ Report at https://www.custommarketinsights.com/report/hydraulic-breaker-market/
List of the prominent players in the Hydraulic Breaker Market:
- Atlas Copco ABC
- aterpillar Inc.
- Doosan Infracore Co. Ltd.
- Epiroc AB
- Furukawa Rock Drill Co. Ltd.
- Hitachi Construction Machinery Co. Ltd.
- JCB Service
- Komatsu Ltd.
- Montabert SASNPK
- Construction Equipment Inc.
- Sandvik AB
- Soosan Corporation Co. Ltd
- Indeco North America
- NPK Construction Equipment Inc.
- DAEMO ENGINEERING CO. LTD.
- Msat Msb corporation
- Caterpillar Inc
- Others
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The Hydraulic Breaker Market is segmented as follows:
By Type
By Application
- Breaking Oversized Material
- Trenching
- Demolition
- Others
By End-use Industry
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Regional Coverage:
North America
- U.S.
- Canada
- Mexico
- Rest of North America
Europe
- Germany
- France
- U.K.
- Russia
- Italy
- Spain
- Netherlands
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- New Zealand
- Australia
- South Korea
- Taiwan
- Rest of Asia Pacific
The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of the Middle East & Africa
Latin America
- Brazil
- Argentina
- Rest of Latin America
This Hydraulic Breaker Market Research/Analysis Report Contains Answers to the following Questions.
- Which Trends Are Causing These Developments?
- Who Are the Global Key Players in This Hydraulic Breaker Market? What are Their Company Profile, Product Information, and Contact Information?
- What Was the Global Market Status of the Hydraulic Breaker Market? What Was the Capacity, Production Value, Cost and PROFIT of the Hydraulic Breaker Market?
- What Is the Current Market Status of the Hydraulic Breaker Industry? What’s Market Competition in This Industry, Both Company and Country Wise? What’s Market Analysis of Hydraulic Breaker Market by Considering Applications and Types?
- What Are Projections of the Global Hydraulic Breaker Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about imports and exports?
- What Is Hydraulic Breaker Market Chain Analysis by Upstream Raw Materials and Downstream Industry?
- What Is the Economic Impact On Hydraulic Breaker Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends?
- What Are Market Dynamics of Hydraulic Breaker Market? What Are Challenges and Opportunities?
- What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Hydraulic Breaker Industry?
Click Here to Access a Free Sample Report of the Global Hydraulic Breaker Market @ https://www.custommarketinsights.com/report/hydraulic-breaker-market/
Reasons to Purchase Hydraulic Breaker Market Report
- Hydraulic Breaker Market Report provides qualitative and quantitative analysis of the market based on segmentation involving economic and non-economic factors.
- Hydraulic Breaker Market report outlines market value (USD) data for each segment and sub-segment.
- This report indicates the region and segment expected to witness the fastest growth and dominate the market.
- Hydraulic Breaker Market Analysis by geography highlights the consumption of the product/service in the region and indicates the factors affecting the market within each region.
- The competitive landscape incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled.
- Extensive company profiles comprising company overview, company insights, product benchmarking, and SWOT analysis for the major market players.
- The Industry’s current and future market outlook concerning recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging and developed regions.
- Hydraulic Breaker Market Includes in-depth market analysis from various perspectives through Porter’s five forces analysis and provides insight into the market through Value Chain.
Reasons for the Research Report
- The study provides a thorough overview of the global Hydraulic Breaker market. Compare your performance to that of the market as a whole.
- Aim to maintain competitiveness while innovations from established key players fuel market growth.
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What does the report include?
- Drivers, restrictions, and opportunities are among the qualitative elements covered in the worldwide Hydraulic Breaker market analysis.
- The competitive environment of current and potential participants in the Hydraulic Breaker market is covered in the report, as well as those companies’ strategic product development ambitions.
- According to the component, application, and industry vertical, this study analyzes the market qualitatively and quantitatively. Additionally, the report offers comparable data for the important regions.
- For each segment mentioned above, actual market sizes and forecasts have been given.
Who should buy this report?
- Participants and stakeholders worldwide Hydraulic Breaker market should find this report useful. The research will be useful to all market participants in the Hydraulic Breaker industry.
- Managers in the Hydraulic Breaker sector are interested in publishing up-to-date and projected data about the worldwide Hydraulic Breaker market.
- Governmental agencies, regulatory bodies, decision-makers, and organizations want to invest in Hydraulic Breaker products’ market trends.
- Market insights are sought for by analysts, researchers, educators, strategy managers, and government organizations to develop plans.
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Why Medical Properties Trust Rallied Today
Shares of Medical Properties Trust (NYSE: MPW) were rallying 16.8% in Thursday trading as of 12:45 p.m. ET.
The medical property real estate investment trust (REIT) has a depressed stock price, as rising interest rates and problems with its largest tenant, Steward Health Care, forced the company to slash its dividend nearly in half over the summer — the second 50% dividend cut in a year.
But with the stock beaten down, news of a final legal settlement with Steward sent the stock rebounding today.
New operators taking over for Steward
The most important part of the settlement agreement for shareholders was MPT reaching new lease deals with four hospital operators that will take over 15 of Steward’s 23 troubled sites.
MPT won’t collect rent from the new operators this year, but will start receiving lease payments in Q1 2025, then ramping up to fully stabilized rent of $160 million annually by Q4 2026. Of note, MPT said that would amount to 95% of what it would have gotten from Steward in 2026 based on the original lease deal with escalators.
Management also noted it was in active discussions with other parties regarding two under-construction hospitals and six other closed or impaired hospitals. MPT has agreed to sell three of the troubled hospitals in Florida, with most of the proceeds going to Steward. But after that, Steward will relinquish all rights to claims on any value from the other facilities. Steward sued MPT in August accusing it of blocking Steward’s attempted sales of the hospitals. Of note, MPT actually owns the land for most of these facilities, while Steward owned the facilities themselves.
A relief rally
Hopefully, these new operators will be superior to Steward, which got into trouble after its former private equity owner saddled it with debt and high lease obligations.
At its current reduced dividend, Medical Properties stock yields about 5.8% after today’s rally. But as the company gets closer to putting the Steward Health fiasco behind it and new operators get ready to pay their leases next year, hopefully there won’t be any more cuts to the payout.
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Why Medical Properties Trust Rallied Today was originally published by The Motley Fool