Largest construction machinery manufacturers globally in 2017, based on construction equipment sales (in billion U.S. dollars)

World's largest construction machinery manufacturers - sales 2017 This statistic represents the world's largest construction machinery manufacturers in 2017, based on construction equipment sales. That year, Caterpillar sold equipment to the value of around 26.6 billion U.S. dollars, and was ranked first.
The world's largest construction machinery manufacturers in 2017

Caterpillar of the United States and Komatsu of Japan were two of the largest construction equipment manufacturers in 2017. In the United States alone, shipments in the construction machinery industry are expected to amount to around 32.4 billion U.S. dollars in 2020.

While it is expected that the United States will increase its infrastructure budget under Trump, demand will largely be driven by rekindled growth in the Asia-Pacific region. India's coal mining sector is set to become a driver of growth, and China's construction equipment sector is predicted to account for two-fifths of all product sales gains between 2016 and 2021. Furthermore, dozer truck sales in Indonesia are expected to grow significantly.

That said, emission regulations, idle vehicles that are available second hand, trade restrictions and emerging market competitor pressures are strong challengers to growth in the construction equipment market.
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Equipment sales in billion U.S. dollars
Caterpillar
(U.S.)
26.64
Komatsu
(Japan)
19.24
Hitachi
(Japan)
8.3
Volvo CE
(Sweden)
7.81
Liebherr*
(Switzerland)
7.4
XCMG*
(China)
6.98
Doosan Infracore
(South Korea)
6.23
Sany*5.93
John Deere
(U.S.)
5.72
Equipment sales in billion U.S. dollars
Caterpillar
(U.S.)
26.64
Komatsu
(Japan)
19.24
Hitachi
(Japan)
8.3
Volvo CE
(Sweden)
7.81
Liebherr*
(Switzerland)
7.4
XCMG*
(China)
6.98
Doosan Infracore
(South Korea)
6.23
Sany*5.93
John Deere
(U.S.)
5.72
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Description Source More information
This statistic represents the world's largest construction machinery manufacturers in 2017, based on construction equipment sales. That year, Caterpillar sold equipment to the value of around 26.6 billion U.S. dollars, and was ranked first.
The world's largest construction machinery manufacturers in 2017

Caterpillar of the United States and Komatsu of Japan were two of the largest construction equipment manufacturers in 2017. In the United States alone, shipments in the construction machinery industry are expected to amount to around 32.4 billion U.S. dollars in 2020.

While it is expected that the United States will increase its infrastructure budget under Trump, demand will largely be driven by rekindled growth in the Asia-Pacific region. India's coal mining sector is set to become a driver of growth, and China's construction equipment sector is predicted to account for two-fifths of all product sales gains between 2016 and 2021. Furthermore, dozer truck sales in Indonesia are expected to grow significantly.

That said, emission regulations, idle vehicles that are available second hand, trade restrictions and emerging market competitor pressures are strong challengers to growth in the construction equipment market.
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Release date
2018
Region
Worldwide
Survey time period
2017
Supplementary notes
* Estimate
The values have been rounded.

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