Press release
Ground Engaging Tools Market Comprehensive Analysis By 2023 - Top Player - Caterpillar, Komatsu, Hitachi Construction Machinery, MTG, Sandvik, Atlas-Copco, Black Cat Blades, Bradken, Liebherr, John Deere
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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.
Target On Top Key Players of Ground Engaging Tools Market
• Caterpillar,
• Komatsu
• Hitachi Construction Machinery
• MTG
• Sandvik
• Atlas-Copco
• Black Cat Blades
• Bradken
• Liebherr
• John Deere
• ValleyBlades
The global Ground Engaging Tools market is valued at xx million USD in 2017 and is expected to reach xx million USD by the end of 2023, growing at a CAGR of xx% between 2017 and 2023.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Ground Engaging Tools.
Segmentation by product type:
• Digging Tool
• Bulldozing Tool
• Loading Tool
Segmentation by application:
• Mining
• Road and Bridge
• Others
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Ground Engaging Tools market report provides regional analysis & forecast (2018-2023) including following regions:
• North America(USA, Canada and Mexico)
• Europe(Germany, France, UK, Russia and Italy)
• Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
• South America(Brazil, Argentina, Columbia etc.)
• Middle East and Africa(Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Research objectives
• To study and analyze the global Ground Engaging Tools consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
• To understand the structure of Ground Engaging Tools market by identifying its various subsegments.
• Focuses on the key global Ground Engaging Tools manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
• To analyze the Ground Engaging Tools with respect to individual growth trends, future prospects, and their contribution to the total market.
• To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
• To project the consumption of Ground Engaging Tools submarkets, with respect to key regions (along with their respective key countries).
• To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
• To strategically profile the key players and comprehensively analyze their growth strategies.
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