Global Ground Engaging Tools Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030
Ground Engaging Tools (GET) are specially designed sacrificial pieces of metal that have two main purposes: increasing machine productivity and protecting the more expensive structural components from wear. The term covers components such as teeth, shrouds and cutting edges that are used on a range of mining, Paving, Construction and other machinery.
According to our (Global Info Research) latest study, the global Ground Engaging Tools market size was valued at US$ 2226 million in 2023 and is forecast to a readjusted size of USD 3819 million by 2030 with a CAGR of 8.1% during review period.
Caterpillar, ESCO and Komatsu are the top 3 players of Ground Engaging Tools, with about 58% market shares.
This report is a detailed and comprehensive analysis for global Ground Engaging Tools market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.
Key Features:
Global Ground Engaging Tools market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2019-2030
Global Ground Engaging Tools market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2019-2030
Global Ground Engaging Tools market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2019-2030
Global Ground Engaging Tools market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (USD/Unit), 2019-2024
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Ground Engaging Tools
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Ground Engaging Tools market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Caterpillar, ESCO, Komatsu, Hitachi Construction Machinery, MTG, Atlas Copco, Liebherr, Black Cat Wear, John Deere, Sandvik, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Ground Engaging Tools market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Digging Tool
Bulldozing Tool
Loading Tool
Others
Market segment by Application
Mining
Construction
Others
Major players covered
Caterpillar
ESCO
Komatsu
Hitachi Construction Machinery
MTG
Atlas Copco
Liebherr
Black Cat Wear
John Deere
Sandvik
Valley Blades
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Ground Engaging Tools product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Ground Engaging Tools, with price, sales quantity, revenue, and global market share of Ground Engaging Tools from 2019 to 2024.
Chapter 3, the Ground Engaging Tools competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Ground Engaging Tools breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Ground Engaging Tools market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Ground Engaging Tools.
Chapter 14 and 15, to describe Ground Engaging Tools sales channel, distributors, customers, research findings and conclusion.