The Global Heavy Equipment Attachments Market size is expected to grow at a CAGR of around 4.5% over the forecast period (2021-2028) and reach about USD 5.6 billion by 2028 from an estimated value of USD 2.3 billion in 2020. Rising demand for construction and demolition projects, increasing adoption of electronic excavation methods in mining and quarrying industries are some factors driving this growth. The bucket segment dominated the overall market in 2016 owing to its wide range of applications across various sectors such as forestry, demolition, excavating & recycling with an estimated share of 54%.
Heavy Equipment Attachments are a component of heavy machinery, such as bulldozers and backhoes. These attachments allow the equipment to perform specialized tasks like moving materials or digging. There are many different types of Heavy Equipment Attachments available on the market today that serve various functions.
On the basis of Types, the market is segmented into Bucket, Hammer, Grapple, Thumb, Rake, Harvester Head, and Auger.
A bucket is a heavy equipment attachment that attaches to the end of the bucket wheel and can be used for digging, loading, or dumping. Bucket attachments are usually mounted on excavators, backhoes, and skid steer loaders.
This attachment has a long chain with a steel ball on one end that can be raised into the air by two hydraulic cylinders when it’s not being used. When lowered onto something like metal pipes, it will pound them until they are crushed or broken open. They can also be hammered against concrete to break up slabs of road surface, which makes it easier to lay new asphalt tiles over them without any gaps between different pieces of tarmac.
A grapple fits onto an excavator's arm and grabs objects from the ground using a steel claw at the end. It can also be fitted to a tractor and used as an attachment for picking up objects like large rocks, logs, or blocks of concrete from fields where they are being put onto trucks so that they can be taken away to a recycling plant.
A thumb is basically just another name for this kind of attachment but it’s not quite as popular with heavy equipment operators because it isn't very useful in most situations except when you're dealing with piles of coal or other materials which need sorting into different sizes before storage.
A rake is a big long blade that attaches to the front of a tractor so it can be driven up and down rows of crops such as corn or wheat which are growing close together on either side of an agricultural field. This allows workers standing next to each other in pairs to hoe row after row without having to constantly turn around to move forward again.
A harvester head looks like something you might find attached to some kind of farm equipment but it’s actually designed to help heavy-duty vehicles pick up trees by their trunks with its sharp metal teeth before transporting them whole to a processing plant where they will become furniture, paper pulp, wood chips, etc.
This device has been specially developed for use with tractors and consists of a long, rotating drum with jagged teeth at the end. It’s used for digging trenches in fields and paddocks to install drainage pipes or cables by pulling them through the ground like an artificial plow.
On the basis of Application, the market is segmented into Demolition, Recycling, Forestry and Excavation.
The use of heavy equipment attachments in the demolition industry is one such area that has been rapidly growing over the years. Heavy machinery assembly, excavators, and bulldozers are often used to demolish buildings or other structures. The process of using a bucket attachment can be modified by adding a breaker bar that loosens up concrete before it’s broken up further with the bucket teeth.
Heavy equipment attachments are commonly used in the recycling industry. The main use for these machines is to take apart pieces of scrap metal, or other materials that can not be recycled easily without this type of machinery. Other common uses include demolition and excavation where heavy equipment attachments are used with a bucket-type attachment to help clear debris off properties. Examples would be removing sludge from water treatment plants or hazardous waste deposits on property sites. Some types of machines also have breakers integrated with them which make it easier to remove concrete structures as well.
Heavy equipment attachments are used in forestry and excavation. They provide the load-bearing power that heavy machinery needs for various tasks associated with these industries such as felling, logging, milling, transporting logs and coal to a processing facility on trucks or rail cars. In addition to providing the necessary power for these tasks, they also help prevent damage from occurring during transport by stabilizing loads beneath trailers and carts.
On the basis of Region, the market is segmented ed into North America, Latin America, Europe, The Asia Pacific, and Middle East & Africa. The North American market is projected to grow at the highest CAGR during the forecast period. The European market is expected to be the second-largest in size by 2028 with a share of close to half from 2018. This growth can be attributed largely due to increasing investments for construction and mining activities, as well as government regulations on emission norms including noise standards.
The need for increased productivity and safety in the construction industry, coupled with the requirement to reduce wastage of natural resources has led to an increase in demand for heavy equipment attachments. Increased investments by a number of companies into research and innovation are resulting in new product launches which are fueling growth rates. There have been recent developments that allow operators from other industries such as forestry, agriculture, or mining among others to use tools designed exclusively for those industries on equipment sold primarily for different applications. This creates opportunities for suppliers due to this widening scope of usage across various market segments globally.
Up Market Research published a new report titled “Heavy Equipment Attachments Market research report which is segmented by Types (Bucket, Hammer, Grapple, Thumb, Rake, Harvester head, Auger, Others), By Applications (Demolition, Recycling, Forestry, Excavation, Others), By Players/Companies Caterpillar, Rockland, Craig Manufacturing, Sandvik, Amulet, TRK, Geith, Doosan, Atlas-copco, Kenco, SEC, Manitou Group, ACS Industries, Volvo, Paladin, MSB, Komatsu, Furukawa, Soosan, NPK”.
|Report Attributes||Report Details|
|Report Title||Heavy Equipment Attachments Market Research Report|
|By Type||Bucket, Hammer, Grapple, Thumb, Rake, Harvester head, Auger, Others|
|By Application||Demolition, Recycling, Forestry, Excavation, Others|
|By Companies||Caterpillar, Rockland, Craig Manufacturing, Sandvik, Amulet, TRK, Geith, Doosan, Atlas-copco, Kenco, SEC, Manitou Group, ACS Industries, Volvo, Paladin, MSB, Komatsu, Furukawa, Soosan, NPK|
|Regions Covered||North America, Europe, APAC, Latin America, MEA|
|Historical Year||2018 to 2019 (Data from 2010 can be provided as per availability)|
|Number of Pages||242|
|Number of Tables & Figures||170|
|Customization Available||Yes, the report can be customized as per your need.|
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by Type Bucket, Hammer, Grapple, Thumb, Rake, Harvester head, Auger, Others and By Application Demolition, Recycling, Forestry, Excavation, Others.
Some of the companies that are profiled in this report are:
Heavy Equipment Attachments Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
Key Benefits for Industry Participants & Stakeholders:
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the Heavy Equipment Attachments Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
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