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.
This report aims to provide a comprehensive presentation of the global market for Ground Engaging Tools, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Ground Engaging Tools. This report contains market size and forecasts of Ground Engaging Tools in global, including the following market information:
- Global Ground Engaging Tools Market Revenue, 2018-2023, 2024-2029, ($ millions)
- Global Ground Engaging Tools Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five Ground Engaging Tools companies in 2022 (%)
The global Ground Engaging Tools market was valued at US$ 2042.2 million in 2022 and is projected to reach US$ 3487 million by 2029, at a CAGR of 7.9% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Caterpillar, ESCO and Komatsu are the top 3 players of Ground Engaging Tools, with about 58% market shares.
We surveyed the Ground Engaging Tools manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Ground Engaging Tools Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Ground Engaging Tools Market Segment Percentages, by Type, 2022 (%)
- Digging Tool
- Bulldozing Tool
- Loading Tool
- Others
Global Ground Engaging Tools Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Ground Engaging Tools Market Segment Percentages, by Application, 2022 (%)
- Mining
- Construction
- Others
Global Ground Engaging Tools Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Ground Engaging Tools Market Segment Percentages, By Region and Country, 2022 (%)
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Nordic Countries
- Benelux
- Rest of Europe
- Asia
- China
- Japan
- South Korea
- Southeast Asia
- India
- Rest of Asia
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- Turkey
- Israel
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Ground Engaging Tools revenues in global market, 2018-2023 (Estimated), ($ millions)
- Key companies Ground Engaging Tools revenues share in global market, 2022 (%)
- Key companies Ground Engaging Tools sales in global market, 2018-2023 (Estimated), (K Units)
- Key companies Ground Engaging Tools sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
- Caterpillar
- ESCO
- Komatsu
- Hitachi Construction Machinery
- MTG
- Atlas Copco
- Liebherr
- Black Cat Wear
- John Deere
- Sandvik
- Valley Blades
- Outline of Major Chapters:
- Chapter 1: Introduces the definition of Ground Engaging Tools, market overview.
- Chapter 2: Global Ground Engaging Tools market size in revenue and volume.
- Chapter 3: Detailed analysis of Ground Engaging Tools manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
- Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
- Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
- Chapter 6: Sales of Ground Engaging Tools in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
- Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
- Chapter 8: Global Ground Engaging Tools capacity by region & country.
- Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
- Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
- Chapter 11: The main points and conclusions of the report.
