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%|
The sales revenue of the construction industry increased from CNY 11,773.42 billion in 2011 to CNY 18,075.75 billion in 2015 with a declining annual growth rate, which is consistent with the overall economic trend in China.
A-Share Listed Agricultural Machinery, Engineering Machinery and Heavy Truck Companies – Profiles and Financial Data
In 2016, the production volume and sales volume of trucks was 2,796,709 and 2,793,403, increasing by 9% and 8% YOY, respectively.
It becomes an important market and the manufacturing center of construction machinery as the global production and demand transfer. Most of the global manufacturers of construction machinery entered China. And seized most of the market.
In 2013, the investment in fixed assets was CNY 44.7074 trillion in China, up by 19.3% YOY. The rapid growth stimulates demand for construction machinery.