Global Top 10 Construction Machinery Manufacturers
International Construction released Yellow Table 2016, the ranking of top 50 construction manufacturers in 2016. Caterpillar and Komatsu retained the first and second position, respectively. Terex overtook Hitachi to become the third and the latter fell to the fourth. Liebherr ranked the fifth and Volvo the sixth. Both Doosan and JCB rose two positions up into the top 10. Chinese manufacturers XCMG, Sany and Zoomlion made their way into the list. XCMG ranked the ninth and is the only Chinese company among the top 10.
Ranking | Company | Company | Sales Value of Construction Machinery | Market Share |
1. | Caterpillar | The U.S. | USD 24.119 billion | 18.1% |
2. | Komatsu | Japan | USD 14.032 billion | 10.5% |
3. | Terex | The U.S. | USD 6.543 billion | 4.9% |
4. | Hitachi Construction Machinery | Japan | Hitachi Construction Machinery | 4.9% |
5. | Liebherr | Germany | USD 6.243 billion | 4.7% |
6. | Volvo Construction Equipment | Sweden | USD 6.049 billion | 4.5% |
7. | John Deere | The U.S. | USD 5.963 billion | 4.5% |
8. | Doosan Infracore | South Korea | USD 4.756 billion | 3.6% |
9. | XCMG | China | USD 4.591 billion | 3.4% |
10. | JCB | The UK | USD 3.517 billion | 2.6% |
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