Manufacturing

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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