2015 revenues for the worlds 50 largest construction equipment manufacturers fall

There has also been a shakeup amongst the positions of the top 10 equipment manufacturers.

According to KHL, a drop in global commodity prices and slowdowns in some emerging economies in 2015 saw revenues for the world’s 50 largest construction equipment manufacturers decrease by 16.2% to US$ 133 billion. This is the lowest figure since 2009. The hardest hit was China’s largest construction equipment manufacturers. All of the Chinese companies in the Yellow Table slid down the rankings when compared to 2014. The biggest losers were Shantui, which went down seven places to number 38 and Liugong, which fell six places to no. 22.

There were also changes at the top of the ranking. XCMG is the only Chinese manufacturer still remaining in the top ten, and currently lies in ninth position. Sany has dropped out of the top 10, which has allowed JCB to enter the top ten for the first time since 2008. Caterpillar retained the first place it has always held, and Komatsu was again the clear global number two. However, below them, Terex displaced Hitachi as global number three in the industry and Liebherr has moved up at the expense of Volvo. However, the revenues of Terex, Hitachi, Liebherr, Volvo and John Deere, which occupy positions three to seven, are very close, and it fairly common to see them change positions on the Yellow Table. Doosan has moved up one position to eighth position, with JCB rounding-off the big ten of construction equipment manufacturing. The full Yellow Table report is published in the April edition of International Construction. Source: http://www.khl.com/magazines/international-construction/detail/item116591

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