Press release
Ground Engaging Tools (GET) Market Current Situation And Growth Forecast to 2025
Ground engaging tools (GETs) are high wear-resistant metal components that come in direct contact with the ground during construction and excavation activities. GET include bucket teeth, blades, and cutting edges that are mainly used in construction and mining machinery, such as loaders, excavators, dozers, and scrapers.
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The rising number of smart cities will be one of the major factors that will have a positive impact on the global ground engaging tools (GET) market during the forecast period. Smart cities will offer improved solutions that can be implemented to mitigate the pressure caused by the increased urban population by setting up energy-efficient transportation systems. These measures will drive the construction of new and efficient road network systems, which in turn, will boost the demand for ground engaging tools.
APAC will be the major revenue contributor to the market throughout the forecast period. The increased mining and constructionactivities and presence of many operational mines will drive the demand for ground engaging tools in this region.
The global Ground Engaging Tools (GET) market was xx million US$ in 2017 and is expected to xx million US$ by the end of 2025, growing at a CAGR of xx% between 2018 and 2025.
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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Ground Engaging Tools (GET) in these regions, from 2013 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Atlas Copco
Caterpillar
Hitachi Construction Machinery
Komatsu
Sandvik
By the product type, the market is primarily split into
Bucket Teeth
Blades
Cutting Edges
By the end users/application, this report covers the following segments
Loaders
Excavators
Dozers
Scrapers
QY Research established in 2007, focus on custom research, management consulting, IPO consulting, industry chain research, data base and seminar services. The company owned a large basic data base (such as National Bureau of statistics database, Customs import and export database, Industry Association Database etc), expert’s resources (included energy automotive chemical medical ICT consumer goods etc.
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