Ground Engaging Tools Market In-depth Research covering sales outlook, demand forecast & up-to-date key trends
The global Ground Engaging Tools market is expected to grow at a CAGR of 8.6% during the forecast period.
The global Ground Engaging Tools market is estimated to be about 1679.15 million US dollars in 2020.
The global Ground Engaging Tools market is estimated to reach 2336.48 million USD by 2026.
The global Ground Engaging Tools market is segmented by company, region (country), type and application. Participants, stakeholders, and other readers in the global Ground Engaging Tools market will be able to gain an advantage as they use reports as a powerful resource.
Ground Engaging Tools markets by category
Digging Tool
Bulldozing Tool
Loading Tool
Others
Ground Engaging Tools Market by Application (Percentage of Demand)
Mining
Construction
Others
Who are the leading companies in Ground Engaging Tools
Caterpillar
ESCO
Komatsu
Hitachi Construction Machinery
MTG
Atlas Copco
Liebherr
Black Cat Wear
John Deere
Sandvik
Valley Blades
Ground Engaging Tools markets by region:
In North America
In Latin America
Europe
The Asia-pacific
Middle East and Africa (MEA)
What are the main countries covered
The United States
Canada
Germany
France
UK
Italy
Russia
China
Japan
Korea
Southeast Asia
India
Australia
Brazil
Mexico
Argentina
Chile
Colombia
Egypt
Saudi Arabia
United Arab Emirates
Nigeria
South Africa
Which is the most profitable market
Among regions, North America/Europe/Asia Pacific accounted for the largest share of global personalized beauty equipment as rising consumer incomes led to increased spending at Ground Engaging Tools.
What methodology did you follow in your research
This study was conducted by our expert analysts through a combination of primary and secondary studies. The methodology we follow includes a demand-side assessment of the market and triangulation of this through supply-side analysis. The methodology is based on the use of standard market structures, methods, and definitions.
Who were the primary study respondents
We talk to stakeholders across the spectrum. Including C-level executives, distributors, product manufacturers, industry experts, etc.
What are the sources of secondary research
We conduct extensive secondary studies using proprietary databases, paid databases, and information available in the public domain. We refer to industry associations, company press releases, annual reports, investor presentations and research papers.
1. Introduction
1.1 Definition of the Market
1.2 Research Purpose
1.3 Scope of the Study
1.4 Stakeholders
1.5 Geography Coverage
1.6 Currency Under Consideration
1.7 Market Size Units
1.8 Review Cycle
2 Global Market Overview
2.1 Global Ground Engaging Tools Revenue and Growth Forecast 2014-2026
2.2 Global Ground Engaging Tools Market Size and Growth Forecast 2014-2026
2.3 Global Ground Engaging Tools Revenue by Region 2014-2026
2.4 Ground Engaging Tools Market Share by Major Regions 2014-2021
2.5 Ground Engaging Tools Gross Margin in Different Region 2014-2021
2.6 Global Ground Engaging Tools Market History Price and Forecast 2014-2026
2.7 Global Ground Engaging Tools Sales Market Share by Top Companies 2014-2021
3 Global Ground Engaging Tools Market by Type
3.1 Global Ground Engaging Tools Revenue and Growth Rate Segment by Types from 2014-2021
3.2 Global Ground Engaging Tools Market Size and Growth Rate Segment by Product Types from 2014-2021
3.3 Global Ground Engaging Tools Price Segment by Types from 2014-2021
3.4 Brief Introduction of Different Types
3.4.1 Digging Tool
3.4.2 Bulldozing Tool
3.4.3 Loading Tool
3.4.4 Others
4 Global Ground Engaging Tools Market by Application
4.1 Global Ground Engaging Tools Revenue and Growth Rate Segment by Applications from 2014-2021
4.2 Global Ground Engaging Tools Market Size and Growth Rate Segment by Product Applications from 2014-2021
4.3 Brief Introduction of Different Applications
4.3.1 Mining
4.3.2 Construction
4.3.3 Others
5 North America Ground Engaging Tools Market (Value, Market Size, Import, Export) and Segmentation (by Type, Application, Countries and Participants)
5.1 North America Ground Engaging Tools Value ($) from 2014-2021
5.2 North America Ground Engaging Tools Market Size from 2014-2021
5.3 North America Ground Engaging Tools Price Change from 2014-2021
5.4 North America Ground Engaging Tools Import and Export from 2014-2021
5.5 North America Ground Engaging Tools Market Value ($) and Growth (%) by Type from 2014-2021
5.6 North America Ground Engaging Tools Market Value ($) and Growth (%) by Application from 2014-2021
5.7 North America Ground Engaging Tools Market Value ($) and Growth (%) by Countries from 2014-2021
5.7.1 The United States
5.7.2 Canada
5.8 Top North America Ground Engaging Tools Participants Value ($) and Market Share (%) in 2020
6 Europe Ground Engaging Tools Market (Value, Market Size, Import, Export) and Segmentation (by Type, Application, Countries and Participants)
6.1 Europe Ground Engaging Tools Value ($) from 2014-2021
6.2 Europe Ground Engaging Tools Market Size from 2014-2021
6.3 Europe Ground Engaging Tools Price Change from 2014-2021
6.4 Europe Ground Engaging Tools Import and Export from 2014-2021
6.5 Europe Ground Engaging Tools Market Value ($) and Growth (%) by Type from 2014-2021
6.6 Europe Ground Engaging Tools Market Value ($) and Growth (%) by Application from 2014-2021
6.7 Europe Ground Engaging Tools Market Value ($) and Growth (%) by Countries from 2014-2021
6.7.1 Germany
6.7.2 France
6.7.3 UK
6.7.4 Italy
6.7.5 Russia
…
6.8 Top Europe Ground Engaging Tools Participants Value ($) and Market Share (%) in 2020
7 Asia-Pacific Ground Engaging Tools Market (Value, Market Size, Import, Export) and Segmentation (by Type, Application, Countries and Participants)
7.1 Asia-Pacific Ground Engaging Tools Value ($) from 2014-2021
7.2 Asia-Pacific Ground Engaging Tools Market Size from 2014-2021
7.3 Asia-Pacific Ground Engaging Tools Price Change from 2014-2021
7.4 Asia-Pacific Ground Engaging Tools Import and Export from 2014-2021
7.5 Asia-Pacific Ground Engaging Tools Market Value ($) and Growth (%) by Type from 2014-2021
7.6 Asia-Pacific Ground Engaging Tools Market Value ($) and Growth (%) by Application from 2014-2021
7.7 Asia-Pacific Ground Engaging Tools Market Value ($) and Growth (%) by Countries from 2014-2021
7.7.1 China
7.7.2 Japan
7.7.3 Korea
7.7.4 Southeast Asia
7.7.5 India
7.7.6 Australia
…
7.8 Top Asia-Pacific Ground Engaging Tools Participants Value ($) and Market Share (%) in 2020
8 Latin America Ground Engaging Tools Market (Value, Market Size, Import, Export) and Segmentation (by Type, Application, Countries and Participants)
8.1 Latin America Ground Engaging Tools Value ($) from 2014-2021
8.2 Latin America Ground Engaging Tools Market Size from 2014-2021
8.3 Latin America Ground Engaging Tools Price Change from 2014-2021
8.4 Latin America Ground Engaging Tools Import and Export from 2014-2021
8.5 Latin America Ground Engaging Tools Market Value ($) and Growth (%) by Type from 2014-2021
8.6 Latin America Ground Engaging Tools Market Value ($) and Growth (%) by Application from 2014-2021
8.7 Latin America Ground Engaging Tools Market Value ($) and Growth (%) by Countries from 2014-2021
8.7.1 Brazil
8.7.2 Mexico
8.7.3 Argentina
8.7.4 Chile
8.7.5 Colombia
…
8.8 Top Latin America Ground Engaging Tools Participants Value ($) and Market Share (%) in 2020
9 Middle East & Africa Ground Engaging Tools Market (Value, Market Size, Import, Export) and Segmentation (by Type, Application, Countries and Participants)
9.1 Middle East & Africa Ground Engaging Tools Value ($) from 2014-2021
9.2 Middle East & Africa Ground Engaging Tools Market Size from 2014-2021
9.3 Middle East & Africa Ground Engaging Tools Price Change from 2014-2021
9.4 Middle East & Africa Ground Engaging Tools Import and Export from 2014-2021
9.5 Middle East & Africa Ground Engaging Tools Market Value ($) and Growth (%) by Type from 2014-2021
9.6 Middle East & Africa Ground Engaging Tools Market Value ($) and Growth (%) by Application from 2014-2021
9.7 Middle East & Africa Ground Engaging Tools Market Value ($) and Growth (%) by Countries from 2014-2021
9.7.1 Egypt
9.7.2 Saudi Arabia
9.7.3 United Arab Emirates
9.7.4 Nigeria
9.7.5 South Africa
…
9.8 Top Middle East & Africa Ground Engaging Tools Participants Value ($) and Market Share (%) in 2020
10. Global Level Competitive Intelligence – Company Profiles
10.1 Caterpillar
10.1.1 Caterpillar Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.1.2 Caterpillar Sales, Value, Gross and Gross Margin from 2014-2021
10.1.3 Caterpillar Value and Growth Change from 2014-2021
10.1.4 Caterpillar Price Change from 2014-2021
10.1.5 Caterpillar Product Offered
10.2 ESCO
10.2.1 ESCO Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.2.2 ESCO Sales, Value, Gross and Gross Margin from 2014-2021
10.2.3 ESCO Value and Growth Change from 2014-2021
10.2.4 ESCO Price Change from 2014-2021
10.2.5 ESCO Product Offered
10.3 Komatsu
10.3.1 Komatsu Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.3.2 Komatsu Sales, Value, Gross and Gross Margin from 2014-2021
10.3.3 Komatsu Value and Growth Change from 2014-2021
10.3.4 Komatsu Price Change from 2014-2021
10.3.5 Komatsu Product Offered
10.4 Hitachi Construction Machinery
10.4.1 Hitachi Construction Machinery Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.4.2 Hitachi Construction Machinery Sales, Value, Gross and Gross Margin from 2014-2021
10.4.3 Hitachi Construction Machinery Value and Growth Change from 2014-2021
10.4.4 Hitachi Construction Machinery Price Change from 2014-2021
10.4.5 Hitachi Construction Machinery Product Offered
10.5 MTG
10.5.1 MTG Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.5.2 MTG Sales, Value, Gross and Gross Margin from 2014-2021
10.5.3 MTG Value and Growth Change from 2014-2021
10.5.4 MTG Price Change from 2014-2021
10.5.5 MTG Product Offered
10.6 Atlas Copco
10.6.1 Atlas Copco Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.6.2 Atlas Copco Sales, Value, Gross and Gross Margin from 2014-2021
10.6.3 Atlas Copco Value and Growth Change from 2014-2021
10.6.4 Atlas Copco Price Change from 2014-2021
10.6.5 Atlas Copco Product Offered
10.7 Liebherr
10.7.1 Liebherr Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.7.2 Liebherr Sales, Value, Gross and Gross Margin from 2014-2021
10.7.3 Liebherr Value and Growth Change from 2014-2021
10.7.4 Liebherr Price Change from 2014-2021
10.7.5 Liebherr Product Offered
10.8 Black Cat Wear
10.8.1 Black Cat Wear Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.8.2 Black Cat Wear Sales, Value, Gross and Gross Margin from 2014-2021
10.8.3 Black Cat Wear Value and Growth Change from 2014-2021
10.8.4 Black Cat Wear Price Change from 2014-2021
10.8.5 Black Cat Wear Product Offered
10.9 John Deere
10.9.1 John Deere Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.9.2 John Deere Sales, Value, Gross and Gross Margin from 2014-2021
10.9.3 John Deere Value and Growth Change from 2014-2021
10.9.4 John Deere Price Change from 2014-2021
10.9.5 John Deere Product Offered
10.10 Sandvik
10.10.1 Sandvik Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.10.2 Sandvik Sales, Value, Gross and Gross Margin from 2014-2021
10.10.3 Sandvik Value and Growth Change from 2014-2021
10.10.4 Sandvik Price Change from 2014-2021
10.10.5 Sandvik Product Offered
10.11 Valley Blades
10.11.1 Valley Blades Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.11.2 Valley Blades Sales, Value, Gross and Gross Margin from 2014-2021
10.11.3 Valley Blades Value and Growth Change from 2014-2021
10.11.4 Valley Blades Price Change from 2014-2021
10.11.5 Valley Blades Product Offered
11. Market Dynamics
11.1 Driving Factors
11.1.1 Rising Demand in Some Regions: North America/Europe/China/India/Japan …
11.1.2 Increasing Use of Ground Engaging Tools by Different End-User/Applications
11.2 Restraints and Challenges in the Market
11.3 Opportunities
11.4 Covid-19 Impact/Evaluation
12. Future Forecast of Global Ground Engaging Tools Market from 2020-2026
12.1 Future Forecast of Global Ground Engaging Tools Market from 2020-2026 Segment by Regions
12.2 Future Forecast of Global Ground Engaging Tools Market from 2020-2026 Segment by Type
12.3 Future Forecast of Global Ground Engaging Tools Market from 2020-2026 Segment by Application
13. Investment Analysis
13.1 Fundamental Analysis (Porter's Five Forces Analysis)
13.2 Technical Preparation Analysis
13.3 Risk Evaluating Analysis
13.4 Estimated Investment Pay-Back Period
14 Research Methodology
14.1 Research Data
14.1.1 Secondary Data
14.1.2 Primary Data
14.2 Revenue Estimation
14.2.1 Bottom-Up Approach
14.2.2 Top-Down Approach (Involves time, Space, and Persons)
14.3 Data Triangulation
14.4 Assumptions
14.5 Hypothesis of this Research, Clear, specific, and testable statement of this research
14.6 Limitations of Our Study
14.7 Scene Based Modeling
15 Disclaimer
Table Key Data Covered
Table Key Data Parameter
Figure Global Ground Engaging Tools Market Size and Growth Forecast 2014-2026
Table Global Ground Engaging Tools Market Size ($) by Region 2014-2026
Table Ground Engaging Tools Gross Margin in Different Region 2014-2021
Table Global Ground Engaging Tools Market Size ($) and Growth Rate Segment by Types from 2014-2021
Figure Digging Tool of Ground Engaging Tools
Figure Bulldozing Tool of Ground Engaging Tools
Figure Loading Tool of Ground Engaging Tools
Figure Others of Ground Engaging Tools
Table Global Ground Engaging Tools Market Size ($) and Growth Rate Segment by Applications from 2014-2021
Figure Mining of Ground Engaging Tools
Figure Construction of Ground Engaging Tools
Figure Others of Ground Engaging Tools
Figure North America Ground Engaging Tools Value ($) and Growth Rate from 2014-2021
Table North America Ground Engaging Tools Value ($) and Growth (%) by Type from 2014-2021
Table North America Ground Engaging Tools Value ($) and Growth (%) by Application from 2014-2021
Table Top North America Ground Engaging Tools Participants Value ($) and Market Share (%) in 2020
Figure Europe Ground Engaging Tools Value ($) and Growth Rate from 2014-2021
Table Europe Ground Engaging Tools Value ($) and Growth (%) by Type from 2014-2021
Table Europe Ground Engaging Tools Value ($) and Growth (%) by Application from 2014-2021
Table Top Europe Ground Engaging Tools Participants Value ($) and Market Share (%) in 2020
Figure Asia-Pacific Ground Engaging Tools Value ($) and Growth Rate from 2014-2021
Table Asia-Pacific Ground Engaging Tools Value ($) and Growth (%) by Type from 2014-2021
Table Asia-Pacific Ground Engaging Tools Value ($) and Growth (%) by Application from 2014-2021
Table Top Asia-Pacific Ground Engaging Tools Participants Value ($) and Market Share (%) in 2020
Figure Latin America Ground Engaging Tools Value ($) and Growth Rate from 2014-2021
Table Latin America Ground Engaging Tools Value ($) and Growth (%) by Type from 2014-2021
Table Latin America Ground Engaging Tools Value ($) and Growth (%) by Application from 2014-2021
Table Top Latin America Ground Engaging Tools Participants Value ($) and Market Share (%) in 2020
Figure Middle East & Africa Ground Engaging Tools Value ($) and Growth Rate from 2014-2021
Table Middle East & Africa Ground Engaging Tools Value ($) and Growth (%) by Type from 2014-2021
Table Middle East & Africa Ground Engaging Tools Value ($) and Growth (%) by Application from 2014-2021
Table Top Middle East & Africa Ground Engaging Tools Participants Value ($) and Market Share (%) in 2020
Table Caterpillar Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
Figure Caterpillar Value, Gross and Growth Rate from 2014-2021
Figure Caterpillar Gross Margin from 2014-2021
Table ESCO Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
Figure ESCO Value, Gross and Growth Rate from 2014-2021
Figure ESCO Gross Margin from 2014-2021
Table Komatsu Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
Figure Komatsu Value, Gross and Growth Rate from 2014-2021
Figure Komatsu Gross Margin from 2014-2021
Table Hitachi Construction Machinery Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
Figure Hitachi Construction Machinery Value, Gross and Growth Rate from 2014-2021
Figure Hitachi Construction Machinery Gross Margin from 2014-2021
Table MTG Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
Figure MTG Value, Gross and Growth Rate from 2014-2021
Figure MTG Gross Margin from 2014-2021
Table Atlas Copco Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
Figure Atlas Copco Value, Gross and Growth Rate from 2014-2021
Figure Atlas Copco Gross Margin from 2014-2021
Table Liebherr Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
Figure Liebherr Value, Gross and Growth Rate from 2014-2021
Figure Liebherr Gross Margin from 2014-2021
Table Black Cat Wear Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
Figure Black Cat Wear Value, Gross and Growth Rate from 2014-2021
Figure Black Cat Wear Gross Margin from 2014-2021
Table John Deere Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
Figure John Deere Value, Gross and Growth Rate from 2014-2021
Figure John Deere Gross Margin from 2014-2021
Table Sandvik Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
Figure Sandvik Value, Gross and Growth Rate from 2014-2021
Figure Sandvik Gross Margin from 2014-2021
Table Valley Blades Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
Figure Valley Blades Value, Gross and Growth Rate from 2014-2021
Figure Valley Blades Gross Margin from 2014-2021
Table Driving Factors for this Market (North America, Europe, Asia-Pacific, Latin America, Middle East & Africa)
Table Global Ground Engaging Tools Value ($) and Growth Rate Forecast by Regions (2021-2026)
Table Global Ground Engaging Tools Production and Growth Rate Forecast by Types (2021-2026)
Table Global Ground Engaging Tools Value and Growth Rate Forecast by End-User/Applications (2021-2026)
Table Key Data from Secondary Sources
Table Key Data Parameter
Figure Market Size Estimation by End-Use Industry
Figure Market: Data Triangulation
Figure Market Size Estimation: Top-Down Approach
Methodology/Research Approach
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.Research Programs/Design
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Market Size Estimation
Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).
The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.
Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.
All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report
The following figure shows an illustrative representation of the overall market size estimation process used for this study.
Market Breakdown and Data Triangulation
After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.
Data Source
Secondary Sources
Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.
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Primary Sources
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.
The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.
Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.
Key Executives Interviewed
Key Data Information from Primary Sources
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