The top 10 construction equipment suppliers

Lead-in Introduction

Explore the top 10 global construction equipment suppliers driving industry growth with advanced machinery. It is expected that the construction equipment market is likely to grow at a compound annual growth rate of more than 6% from 2019 to 2030.

Apart from the impact of COVID-19 in previous years, the construction machinery industry may get manifest development in the future years. Market growth mostly leads an increase in the number of people get invovled.
To help purchasers have a roughly understand into construction equipment industry overall, here listed 10 renowned companies in construction plant manufacturing. Check out if you have met their logos in life.

Top 10 construction equipment suppliers

• 1. Caterpillar, an American company with 90 years of operating history. With a global market share of 16.3 percent in 2022, it is a well-deserved leading company. Caterpillar has a wide range of product lines. In the field of construction equipment, the most famous products are loaders and backhoe loaders, excavators, graders, and so on.
• 2. Komatsu, a manufacturer with a nearly hundred yrs history company from Japan. With a market share of 10.7 percent, it was ranked second in 2022. Komatsu manufactures drilling, crushing, dozers, draglines, and shovels plants for constructions and mining.
• 3. XCMG, the abbreviation of Xuzhou Construction Machinery Group Co., Ltd. As a Chinese company founded in 1943, XCMG is 3rd largest construction machinery company in the world with a global share of 5.8 percent(2022). It has more than 2,000 service terminals in worldwide and their products include excavators, loaders, hoisting machinery, concrete machinery, road machinery, mining machinery etc.
• 4. Kobelco, a Japanese company was established in 1999. It started with excavators and its product lines including excavators, cranes, etc.
• 5. John Deere, headquartered in Illinois, the US, was started with agriculture and now its products field to construction industries including loaders, excavators, dozers, graders.
• 6. JCB, a British enterprise, started business with steel tipping trailer in 1945 and now has more than 70s experience in construction equipment technology. It’s single largest market is India. The products they currently sell include agricultural machinery, loaders, dumpters, excavators, truck, forklifts, telescopic loaders.
• 7. SANY, a Chinese company whose business areas include construction and mining equipment, port machinery, oil drilling machinery, and renewable wind energy systems. With the rapid development of China’s infrastructure, SANY has also grown into one of China’s top construction equipment companies and is ranked among the best in the world.
• 8. Volvo. The Volvo Group has multiple brands. In addition to various truck brands, its construction equipment includes electric/wheel loaders，excavators, articulated/rigid haulers, asphalt pavers and screeds, compactors. Though the Volvo is headquartered in Gothenburg, Sweden, the Volvo Construction Equipment has production facilities around the world.
• 9. Develon, a brand belongs to HD HYUNDAI INFRACORE from South Korea. Develon was known as Doosan previously, it was purchased by HD HYUNDAI in 2021 with the establishment of Hyundai Doosan Infracore. In 2023, Doosan was given a new brand name “Develon”, meaning “Develop” and “Onwards” as a new beginning. Develons products including Mini Excavators, Compact Wheel Loaders, Dozers, Articulated Dump Trucks, Wheel Loaders, Wheel Excavators, Crawler Excavators，Handler, etc.
• 10. Liebherr, an established construction equipment supplier origin Germany , quartered in Bulle, Switzerland. Liebherr has more than 140 companies around the world in over 50 countries. It’s most famous product are cranes including tower cranes, Maritime Cranes, etc. In addition, its product lines cover the mining and construction equipment such as excavators, earthmoving machine, crawler loaders, deep foundation, concrete machines and so on.

Good Supplier = Good Cost-control

For both contractors and equipment rental companies, a reliable supplier with stable-performance equipment and professional services is crucial to control operating and production costs.
As the construction industry developing, the machinery are turning into smart and automated, and many team was geared up to renew their fleet with those high-efficiency and operator-friendly plants.
Owing to government policies, the Asia area got the largest share of the construction equipment market in 2020, with China leading and India and Japan following.
The above 10 companies are major players in the global construction equipment market, and they are reliable with no doubt.
However, in a highly competitive market environment, there are numerous construction equipment suppliers available from China for customers. Many of them are in the early stages of development and are suitable for developing partnerships.

Why HAMAC

ZHENGZHOU HAMAC AUTOMATION EQUIPMENT CO., LTD. is specializing in construction equipment, mainly including concrete mixers, concrete pumps&booms, loaders, excavators, and crushing equipment, etc. HAMAC started international business from 2005, with the efforts in last 20 yrs, we offer service and machine for customers from different area such as Africa, Australia, North America & South America, New Zealand. Now we have local office in The Philippines, Indonesia, Peru, Ethiopia etc.
HAMAC serves the interests to the best for all clients, corporate shareholders, employees, and suppliers with the powerful factory and professional service team. Contact us and let HAMAC be your reliable construction supplier.