The Terex product line is comprised of cranes, aerial platforms, mining equipment, and road building machinery. The company prides itself on constantly upgrading and reinventing its products in order to meet the changing demands of the 21st century workplace.

The company also offers a wide selection of attachments, and provides service and part distribution around the world. The only UK company in the top ten, JCB had sales of 4,611 million USD in 2017, resulting in a market share of 2.8%. Particularly popular in Europe and Scandinavia, Volvo's share of the market was 4.8%, with a worth of 7,810 million USD. Komatsu eventually became large enough to sell to the public, and was spun off on May 13, 1921 as Komatsu Ltd. 3- Hitachi (Japan): One of the most venerable names in the construction equipment industry is Hitachi. The company began as the Park Seung Jik Store in 1896 in Jongno,Seoul. The company is continually focused on developing equipment that's suitable for 21st century working. With the focus back on infrastructure and construction it is imperative that your equipment fleet must be in top order. Well-known for everything from autonomous haulage systems (AHS) through to intelligent machine control and a range of other hi-tech innovations, Komatsu is a dynamic, forward-thinking manufacturer. Currently the 100 biggest companies by revenue are included. Become a supplier on iSeekplant and make a, Volvo has always enjoyed an excellent reputation for the engineering quality and safety of their vehicles; their heavy machinery is no exception. However, the global construction equipment manufacturing market is predicted to reach $230.9 billion by 2020 from $181.6 billion in 2016 at a compound annual growth rate (CAGR) of 6.2%, from 2016 to 2020. Komatsu is a global player not only in heavy equipment, but also in metal presses, machine tools, recycling, temperature control equipment, tunnelling machinery and related fields. Although the rise is encouraging, it is still significantly less than the 2012 sales figure of $186 billion. A Japanese giant in heavy equipment manufacturing, Komatsu retains its number two position for yet another year. Built to last and integrating new technologies such as diesel/electric hybrids, full suspension, Responsible for products such as a 2,000 tonne, With sales of 6,984 million USD and a market share of 4.3%, the company has continued to steadily carve a niche in the competitive heavy equipment market. The following is a list of the world's largest manufacturing companies, ordered by revenue in millions of U.S. dollars according to the Fortune Global 500 in the year 2017. In comparison with other earth moving equipment companies in this list, John Deere has a more limited product selection. XCMG achieved operating income of 101.2 billion yuan in December 2012, becoming the industry's first enterprise that had an operating income exceeding 100 billion yuan. Serving a global audience, Doosan is committed to creating sustainable, durable products which have the capacity to perform well in some of the toughest environments you'll find anywhere. To assist you with the required finances.

Arguably best-known for their remarkably well-built automobiles, Volvo is also a noted manufacturer of heavy equipment including trucks, buses, and a full range of mining and construction equipment. Its product line consists of everything from cranes to excavators, to loaders, and even huge mining dump trucks, and it has offices in the United Kingdom, Ireland, Germany, and the United States. The company offers a wide range of heavy machinery, with particular focus on mining and excavation equipment. Firmly entrenched in the number one position, the US company Caterpillar continues to dominate the industry, taking a massive 16.4% of the market share in 2017. JCB is well-represented in the UK and European markets, as well as having an international presence. Western Europe construction equipment manufacturing market is expected to grow from $23.6 billion in 2016 to $28.5 billion in 2020 at a CAGR of 4.8% for the period 2016-2020. Following a downward trend in heavy equipment sales across the board in the mid 2010's, 2017 bucked the trend with a total sales figure of $163 billion. The company was established by Gerald Williamson in 1925, and its equipment is sold in over 170 countries. Hitachi is an enormously diverse organisation, with heavy equipment being just one of the many markets it serves. 10- Doosan (South Korea): The Doosan Group was founded in 1896. With more than US$89 billion in assets, Caterpillar is ranked number one in its industry and number 44 overall in the Fortune 500 Companies List. Construction Equipment’s Top 100 New Products is the longest-running awards program of its kind in the industry. 8- XCMG (China): XCMG Group is a Chinese Multinational heavy machinery manufacturing company headquartered in Xuzhou, Jiangsu. The company was established in 1837, and it offers a wide array of heavy machinery including tractors,  , loaders, excavators, and harvesters of various kinds. The company manufactures a wide selection of construction and mining equipment including concrete machines, hoisting equipment, coal mining equipment, pile drivers, and road construction equipment. If you are a first time buyer or if you are looking to expand your fleet you can avail the best option with us. Sany is one of a number of Chinese companies beginning to make their presence felt on the global market, providing significant competition to the traditional domination of firms from the US, Europe and Scandinavia. 1 spot. top 10 construction equipment manufacturers .

World's Top 10 Construction Equipment Machinery Manufacturers. Despite conceding ground to Volvo in its heavy machinery sector, overall Liebherr enjoyed its largest turnover in the history of the group.

Doosan’s core businesses are based on Infrastructure Support Business, which has five subsidiaries: Doosan Corporation, Doosan Heavy Industries & Construction, Doosan Infracore, Doosan Engineering & Construction and Doosan Engine.

hbspt.cta._relativeUrls=true;hbspt.cta.load(3473494, '247618a7-b392-4345-8b69-b7d066aa2de7', {}); Responsible for products such as a 2,000 tonne all-terrain crane, a 12 tonne heavy-duty loader (the largest in China) and intelligent road construction equipment, XCMG are a growing heavy equipment group. Established in 1910, the Japanese company manufactures a wide range of construction and mining equipment including excavators, dump trucks, loaders, and cranes. Globally, the market shares of the bigger heavy equipment companies remained virtually unchanged. With heavy equipment sales of 19,244 million USD in 2017, Komatsu continues to consolidate its position as a global leader with 11.9% of the market's share. The Doosan bobcat company is well-known for its high-performance mini-diggers, featuring, Heavy Equipment Manufacturing Trends in 2018 and beyond, Get the latest updates in Major Projects and Industry News straight to your inbox, World-Wide Glut of Heavy Equipment as Contractors Choose to Hire, Top 10 Heavy Construction Equipment Names, Fuel Tank, Fuel Cells and Fuel Pump Suppliers, Pavers, Spreaders, Stabilisers, Profilers. Up two places on 2018, 2019’s table sees Chinese manufacturer Sany burst into the top 10 after a dramatic increase in revenues. In addition to manufacturing at least two major handling system components, a company must also employ full-time staff that designs, installs and …

You can get your finance customized basis the repayment viability. Since then, Doosan has developed into a multinational conglomerate, with particular emphasis on consumer goods, manufacturing, trading and construction equipment business.

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