What are the largest equipment manufacturer? The market is flooded with highly regarded heavy equipment brands and producers. But first, let’s learn about the greatest. Here are the top 10 heavy equipment producers to think about and keep in mind before making a purchase.

  1. Caterpillar
    With its feet firmly planted in first place, the American company Caterpillar continues to dominate the market, grabbing an enormous 16.4% of the market share for the whole industry in 2017. With transactions totaling 26,637 million USD, it excels without a doubt in both the domestic and international markets.

Caterpillar’s comprehensive selection of suitable products for a wide range of applications, together with their excellent reputation and combination of research and continual improvement, ensure that they remain a key player in the important hardware-producing sector. Moreover, the recent upswing in the US economy may also play a role in Caterpillar’s continued development.

  1. Komatsu

The legendary Japanese manufacturer of heavy machinery Komatsu continues to be ranked second. Komatsu is a dynamic, innovative manufacturer well-known for everything from independent haulage frameworks (AHS) to intelligent machine control and a variety of other high-tech advancements.

Komatsu is a major participant in the world of heavy equipment, metal presses, machine tools, temperature control equipment that can be reused, burrowing tools, and related industries. With sales of heavy equipment totaling 19,244 million USD in 2017, Komatsu maintained its position as the industry leader with 11.9% of the market. Also, the company continually focuses on developing tools that are suited for working in the twenty-first century.

  1. The Hitachi Construction Equipment
    The heavy equipment market share for Hitachi in 2017 was 5.1%, with a marketing forecast of $8,301 million USD. Heavy equipment is just one of the various industries that Hitachi covers, making it a very distinct organization.

Concentrating on transactions in Asia and Africa, where demand is often high, the Hitachi apparatus is marketed as having a significant number of eco-friendly features that result in eco-friendly operation. Innovations like battery-powered earthmovers and extremely energy-efficient water-powered systems ensure that Hitachi provides the best solution for a large audience in industries like horticulture, design, energy, and development.

  1. Volvo Building Equipment
    Volvo has constantly been praised for the quality and security of the cars they create, and their heavy equipment is no exception. Moreover, they were adding cutting-edge innovations including full-suspension articulated loaders, diesel/electric hybrids, and autonomous vehicles. As a result, many people consider Volvo’s construction equipment to be a trustworthy choice.

Volvo is mostly widely recognized throughout Scandinavia and Europe. 4.8% of the market, or $7,810 million USD, was taken by Volvo. Maintainability and progress are at the heart of Volvo’s culture, which has helped it move up the rankings. Also, they trade positions with the German group Liebherr to move up from fifth to fourth.

  1. Liebherr

Telehandlers, cranes, excavators, wheeled loaders, and dozers are all available from Liebherr. Liebherr is a renowned European manufacturer that focuses on producing robust, exceptional execution machinery that excels even under trying circumstances.

  1. XCMG
    XCMG is a growing heavy equipment group responsible for things like a 2,000-ton off-road crane, a 12-ton hardcore loader (the largest in China), and smart street construction equipment. Also, XCMG has expanded its deals both globally and inside Asia.

With sales of 6,984 million USD and a market share of 4.3%, the company has continually carved a niche in the fiercely competitive heavy equipment business, even as certain Chinese groups are beginning to gain significant ground in the global financial sector. Moreover, we predict that XCMG cranes, skid steers, and backhoes may become a common sight all over the world.

  1. Infracore Doosan
    Doosan, which caters to a global clientele, concentrates on producing workable, sturdy products that can operate admirably in the most trying environments you’ll find everywhere. The Doosan bobcat company is also renowned for its premium selection of small-scale diggers. They have telehandlers, utility vehicles, compact loaders, excavators, and other equipment.

Doosan is a growing player in the heavy equipment manufacturing industry with a broad product line suitable for a variety of applications. Also, the company generated 6,232 million USD in revenue in 2017 and held a market share of around 3.8%.

  1. Sany
    Sany, a Chinese company that focuses on intelligent assembly, reasonable industry, new energy development, lodging, and industrialisation, is just behind Doosan. Also, they provide a variety of high-tech setups, such as mini excavators, cranes, loaders, backhoes, and street construction equipment. Sany goods are widely used in India and the surrounding countries.

In 2017, the company closed 6,232 million USD worth of agreements, accounting for 3.7% of the market. Sany is moreover one of the numerous Chinese companies beginning to establish its caliber on a global scale. and fierce competition to the established dominance of businesses from the US, Europe, and Scandinavia.

  1. Johnson Deere
    a firmly established, more than 200-year-old US institution. Because of its reputation for producing high-quality forestry, construction, and agricultural equipment, John Deere attracts businesses that operate in rural areas. Backhoe loaders, skid steer loaders, excavators, and graders are also included in the item range.

Compared to the other companies making heavy equipment on this list, John Deere offers a more limited selection of items. They are also regarded as one of the greatest heavy equipment producers in the world. Perhaps this explains why the company’s market share in 2017 was only 3.5%, despite marketing estimates of $5,718 million.

  1. JCB

With 4,611 million USD in 2017, the core UK company JCB had a 2.8% market share in the top 10. Pioneers of the LiveLink software, which enables administrators to manage JCB gear from a distance, JCB has a history characterized by inventive research and consistent progress. Although JCB is best known for its excavators, it also provides wheeled loaders and a variety of equipment for constructing roads.

JCB is heavily involved in the commercial sectors of the UK and Europe and has a presence there. The company also places a high importance on regularly revamping and refining its products to meet the shifting demands of the workplace of the twenty-first century.

It seeks plants

All secondhand construction and aerial equipment brands are the focus of Interstate Heavy Equipment’s buying and selling operations. We deal with all major brands including the top US and Canadian producers of heavy machinery. Moreover, Interstate Heavy Equipment is an expert in both big and small machinery. Daily additions are made to our collection. As a result, our firm boasts the nation’s largest collection of aerial and construction equipment.