Ground engaging tools market reserkey players are Atlas Copco, Caterpillar, Hitachi Construction Machinery, Komatsu, and Sandvik.Ground Engaging Tools Market (GET) is latest trend gaining momentum Eco-efficient mining process. The analysts forecast global ground engaging tools market (GET) to grow at a CAGR of 24.95% during the period 2018-2022.
Developing new eco-friendly mining practices and integrating these practices to reduce the harmful environmental impacts by mining operations make mining activities eco-efficient. The main strategy to reduce the negative environmental impacts of mining involves the introduction of mining equipment that limits harmful emissions in the environment.
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According to the Global Ground Engaging Tools (GET) Market 2018-2022 report, one of the major drivers for this market is Increase in number of smart cities. The number of smart cities is expected to rise exponentially by 2025.
It is anticipated that a total of 67 new smart cities are expected to be built in the 2013-2025 period. The main reason for this growth is the increasing congestion of urban areas and major metropolitan cities.
As of 2016, according to the World Bank, the overall world urban population stood at 54.30% of total global population.
Key players in the global ground engaging tools market: Atlas Copco, Caterpillar, Hitachi Construction Machinery, Komatsu, and Sandvik. 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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Table of Contents
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: MARKET LANDSCAPE
Market segmentation analysis
PART 05: MARKET SIZING
Market sizing 2017
Market size and forecast 2017-2022
PART 06: FIVE FORCES ANALYSIS
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
PART 07: MARKET SEGMENTATION BY APPLICATION
Segmentation by application
Comparison by application
Excavators Market size and forecast 2017-2022
Loaders Market size and forecast 2017-2022
Market opportunity by application
PART 08: CUSTOMER LANDSCAPE
PART 09: MARKET SEGMENTATION BY PRODUCT
Segmentation by product
PART 10: REGIONAL LANDSCAPE
APAC Market size and forecast 2017-2022
Americas Market size and forecast 2017-2022
EMEA Market size and forecast 2017-2022
Key leading countries
PART 11: DECISION FRAMEWORK
PART 12: DRIVERS AND CHALLENGES
PART 13: MARKET TRENDS
Environment-friendly mining activities
Eco-efficient mining process
PART 14: VENDOR LANDSCAPE
PART 15: VENDOR ANALYSIS
Market positioning of vendors
Hitachi Construction Machinery
PART 16: APPENDIX
List of abbreviations