According to a recent market study published by Growth Market Reports, titled, “Global Ground Engaging Tools (GET) Market (By Casting Method) by Type, by Weight, by Application, by End-use, by Distribution channel, and by Region: Size, Share, Trends and Opportunity Analysis, 2015-2030”, the market was valued at USD 2,072.2 Million in 2021 and is expected to grow at a moderate growth rate of 7.8% by the year 2030.

As per Growth Market Reports industry analyst Divjot Singh, “Global Ground Engaging Tools (GET) Market (By Casting Method) is anticipated to witness significant growth during the forecast period 2022-2030. Ground engaging tools are metal components with high wear resistance that come into direct contact with the ground during excavation and construction activities. Ground engaging tools assist machines in operating at peak performance to complete a wide range of activities and jobs. These tools come in a variety of sizes and are used with machines of varying sizes and in a variety of industries. Furthermore, they are used in a variety of applications involving earth-moving machines.

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Key factors that are anticipated to fuel the demand for the global Ground Engaging Tools (GET) Market (By Casting Method) during the forecast period are Rising advancements in ground engaging tools, increasing construction and mining activities across the globe. Conversely, uncertainty in mining & Construction sector may hamper the market growth of the Ground Engaging Tools (GET) Market (By Casting Method). Increasing investments by several countries for the development of smart cities and growing population fuels the high demand for new construction creating opportunities in the market.

Supply chain management is a pivotal part of any business. A supply chain involves a series of steps to get Ground Engaging Tools (GET), products, sizes, and distribution from their primary state to customers. These steps include development, engagement with customers, and delivering and supporting the Ground Engaging Tools (GET). Entities in the supply chain include raw material suppliers, manufacturers, logistics, warehouses, distributors, and customers.

The primary, as well as secondary research methodology, is used for keen observation and study about Ground Engaging Tools (GET) Market (By Casting Method). The primary research methodology involves commercial agreements made with the primary respondents as well as consulting partners to extract critical information pertaining to the syndicated as well as consulting projects. Primary interviews conducted with the stakeholders across industry verticals on regular intervals in line with the ongoing studies and to keep ourselves abreast with the latest market trends & developments. Validation of the estimated market size, current and future trends done from the key opinion leaders (KOLs). These KOLs are the CXO level people from leading companies in the industry and possess the experience of around 10-20 years in the industry. On the other-hand the secondary research methodology involves exhaustive desk research undertaken to understand the prevailing market trends & dynamics, market competition, customer insights and other KPIs. Company websites, their SEC filings, annual reports, broker & financial reports and investor presentations are scanned for understanding the competitive scenario, details and developments, and the overall competitive landscape. Regional government and statistical databases analyzed for macro & micro analysis. Research publications and paid data referred to obtain and validate the market estimations, budget, expenditure and other statistical insights.

The Coronavirus disease 2019 (COVID-19) pandemic highlighted economic disparities, global interdependence, and governance challenges. Pandemics are isolated concerns for businesses and prospects for emerging patterns and vulnerabilities. Companies investing in political, business, and financial stability, as opposed to decreasing global risks, implemented strategies to overcome the pandemic. In current scenario, COVID-19 is hampering the production process of several manufacturing industries and businesses. COVID-19 hampered R&D activities in the Ground Engaging Tools (GET) Market (By Casting Method), due to social distancing and less access to manufacturing plants, which hampered the manufacturing industry. A majority of research activities were halted, due to social distancing regulations during the pandemic. As COVID-19 spread in the regions, various governments shut down public gatherings, travel, and major projects to protect people from the virus. The coronavirus outbreak had a negative impact on the global ground engaging tools (GET) market in 2020. The World Health Organization declared a public health emergency after the COVID-19 virus spread in December 2019. The disease spread to over 100 nations and resulted in mass deaths globally. Exports & imports, global manufacturing, tourism, and financial sectors were all impeded by the disease. Heavy equipment’s used widely in several industries for many applications such as construction, mining, forestry, oil & gas, and others. COVID cases were increasing across the globe which resulted in the announcement of a lockdown by the World Health Organization (WHO). This caused disruption in the raw material supply chain, labor shortage, and others, due to this, the termination of many projects and contracts in several industries took place. This resulted in decreased demand for ground engaging tools globally.

Key Takeaways from the Study

  • In terms of type, the bucket teeth segment accounted for a substantial share of the market in 2021 and is expected to expand at a substantial CAGR during the forecast period.
  • Based on weight, the below 15 kg segment accounted for a substantial share of the market in 2021 and is expected to expand at a substantial CAGR during the forecast period.
  • On the basis of application, the loaders segment accounted for a substantial share of the market in 2021.
  • In terms of end-use, the construction segment accounted for a substantial share of the market in 2021 and is expected to expand at a substantial CAGR during the forecast period.
  • Based on the distribution channel, the Original Equipment Manufacturers (OEM) segment accounted for a substantial share of the market in 2021 and is expected to expand at a substantial CAGR during the forecast period.

Report Scope

Report Metric


Market Value in 2021

US$ 2,072.2 Million

Market Growth Rate (from 2015 to 2030)


Historical Data


Base Year


Forecast Period

2022 – 2030

Units Considered

Value (USD Million)

Market Segments

By Type, By Weight, By Application, By End-use, By Distribution Channel, By Region

Key Companies Profiled

Caterpillar, ESCO Group LLC, Sandvik AB, KOMATSU, Hensley Industries, Black Cat Wear Parts, Hitachi Construction Machinery Co., Ltd, MTG SYSTEMS, Liebherr, J C Bamford Excavators Ltd, Kobelco Construction Machinery Co., Ltd., Deere & Company, AB Volvo, BYG, combi wear parts, Bradken, VALLEY BLADES LTD, Ningbo Fenghua ND Machinery Co., Ltd, KEECH, Cutting Edges Equipment Parts Pty Ltd.

Customization Scope

Report customization available on request

Pricing and Purchase Options

Avail tailor-made purchase options to meet your research requirements.

Target Audience

  • Supply-side: Manufacturers, Raw Material Suppliers, and Distributors
  • Demand Side: Government Agencies, Consulting Firms, Private Research and Development Firms, Equity Firms, and Investment Firms.