Construction Equipment - Company Evaluation Report, 2024
Market Report I 2025-08-01 I 166 Pages I MarketsandMarkets
The Construction Equipment Companies Quadrant is a comprehensive industry analysis that provides valuable insights into the global market for Construction Equipment. This quadrant offers a detailed evaluation of key market players, technological advancements, product innovations, and emerging trends shaping the industry. MarketsandMarkets 360 Quadrants evaluated over 100 companies, of which the Top 15 Construction Equipment Companies were categorized and recognized as quadrant leaders.
The expansion of the construction industry has led to a higher demand for compact construction equipment, thanks to their characteristics such as high versatility, easy maneuverability, lower operational costs, and user-friendly operation-particularly in crowded urban areas and cities where using heavy machinery is challenging. Compact construction equipment includes backhoe loaders, mini excavators, skid-steer loaders, telescopic handlers, and wheeled loaders.
Construction equipment refers to heavy machinery designed to carry out specific tasks in construction or demolition. This equipment can be mobile, semi-permanent, or permanent, and is primarily used for earthmoving, lifting materials or containers, drilling into the ground or rock, as well as concrete and paving tasks. It also finds application in sectors such as infrastructure, and the construction of residential, commercial, and industrial buildings.
The 360 Quadrant maps the Construction Equipment companies based on criteria such as revenue, geographic presence, growth strategies, investments, and sales strategies for the market presence of the Construction Equipment quadrant. The top criteria for product footprint evaluation included By EQUIPMENT TYPE (Articulated Dump Trucks, Asphalt Finishers, Backhoe Loaders, Crawler Dozers, Crawler Excavators, Crawler Loaders, Mini Excavators, Motor Graders, Motor Scrapers, Road Rollers, Rigid Dump Trucks, Rough Terrain Lifting Truck (RTLT) Masted, Rough Terrain Lifting Truck (RTLT) Telescopic, Skid-Steer Loaders, Wheeled Excavators, Wheeled Loaders <80 Hp, Wheeled Loaders >80 Hp, Compactors, Pick & Carry Cranes, Industry Insights), By EQUIPMENT CATEGORY (Earthmoving Equipment, Material Handling Equipment, Heavy Construction Equipment, Other Equipment Categories, Industry Insights), By AFTER-TREATMENT DEVICE (Exhaust Gas Recirculation (EGR), Diesel Oxidation Catalyst (DOC), Diesel Particulate Filter (DPF), Selective Catalytic Reduction (SCR), Industry Insights), By APPLICATION (Infrastructure, Commercial, Residential, Industry Insights), By ENGINE CAPACITY (<5 L, 5-10 L, >10 L, Industry Insights), By POWER OUTPUT (<100 Hp, 101-200 Hp, 201-400 Hp, >400 Hp, Industry Insights), and By PROPULSION (Diesel, CNG/LNG/RNG, Industry Insights, Bobcat Company: Global Shipment of Compact Equipment, Caterpillar Inc.: Global Shipment of Compact Equipment, Cnh Industrial N.V.: Global Shipment of Compact Equipment, Hitachi Construction Machinery Co., Ltd.: Global Shipment of Compact Equipment, Hyundai Construction Equipment Co., Ltd.: Global Shipment of Compact Equipment, J C Bamford Excavators Ltd.: Global Shipment of Compact Equipment, Deere & Company: Global Shipment of Compact Equipment, Komatsu Ltd.: Global Shipment of Compact Equipment, Kubota Corporation: Global Shipment of Compact Equipment, Liebherr: Global Shipment of Compact Equipment, Infrastructure, Commercial, Residential, Industry Insights, Electric Dump Trucks, Electric Dozers, Electric Excavators, Electric Motor Graders, Electric Loaders, Electric Load Haul Dump Loaders, Industry Insights, Lithium Iron Phosphate (LFP), Lithium Nickel Manganese Cobalt (NMC), Other Battery Chemistries, Industry Insights, Autonomous Construction Equipment Product/Service Offerings By Key Oems, Ai Developments in Autonomous Construction Equipment Market).
Key players in the Construction Equipment market include major global corporations and specialized innovators such as Caterpillar Inc., Komatsu Ltd., XCMG Group, Deere & Company, SANY Group, AB Volvo, Hitachi Construction Machinery Co., Ltd., Liebherr, J. C. Bamford Excavators Ltd., KUBOTA Corporation, CNH Industrial N.V., Kobelco Construction Machinery Co., Ltd., Zoomlion Heavy Industry Science & Technology Co., Ltd., Doosan Enerbility, and Terex Corporation. These companies are actively investing in research and development, forming strategic partnerships, and engaging in collaborative initiatives to drive innovation, expand their global footprint, and maintain a competitive edge in this rapidly evolving market.
Top 3 Companies
Caterpillar Inc.
Caterpillar Inc. is a leading manufacturer of construction and mining equipment, engines, and turbines, with a diverse Company Product Portfolio. The company operates across various segments such as Construction Industries, Resource Industries, and Energy & Transportation. With over 500 facilities worldwide, Caterpillar focuses on expansion and technological innovation to enhance its Company Positioning. Known for its advanced focus on automation and sustainable solutions, Caterpillar maintains a strong Company Market Share and Company Ranking through continuous R&D investments.
Komatsu Ltd.
Komatsu Ltd. specializes in the design and manufacture of construction and mining equipment, with a significant focus on Company Product Portfolio diversification. Its presence spans over 100 countries, supporting a solid Company Positioning globally. The company's growth strategies include expanding its equipment offering and enhancing its sales and service distribution networks. Komatsu's advancements in electric equipment and innovative solutions have greatly supported its market standing.
Deere & Company
Deere & Company is renowned for its comprehensive array of construction, agriculture, and forestry equipment, which fortifies its Company Product Portfolio. With a global presence spanning nearly 100 locations, Deere & Company capitalizes on strategic acquisitions and collaborations to uphold its competitive edge. The company's emphasis on sustainability and innovative product launches has been pivotal in enhancing its Company Market Share and Company Ranking.
1 INTRODUCTION 13
1.1 MARKET DEFINITION 13
1.2 INCLUSIONS AND EXCLUSIONS 13
1.3 STAKEHOLDERS 14
2 EXECUTIVE SUMMARY 15
3 MARKET OVERVIEW 19
3.1 INTRODUCTION 19
3.2 MARKET DYNAMICS 20
3.2.1 DRIVERS 20
3.2.1.1 Growth in infrastructural development projects 20
3.2.1.2 Increasing demand for sustainable construction solutions 22
3.2.2 RESTRAINTS 23
3.2.2.1 Stringent international trade policies and mandates 23
3.2.3 OPPORTUNITIES 24
3.2.3.1 Ongoing developments in lithium battery chemistry 24
3.2.3.2 Advancements in autonomous construction equipment 25
3.2.3.3 Rapid digitalization of services 26
3.2.4 CHALLENGES 26
3.2.4.1 Battery-related issues in electric equipment 26
3.2.4.2 Susceptibility to cyber attacks 27
3.3 IMPACT OF AI/GENERATIVE AI 27
3.3.1 IMPACT OF AI/GENERATIVE AI ON CONSTRUCTION EQUIPMENT MARKET 27
3.4 TECHNOLOGY ANALYSIS 28
3.4.1 KEY TECHNOLOGIES 28
3.4.1.1 Autonomous construction equipment 28
3.4.1.2 Hydrogen combustion engines for construction equipment 29
3.4.1.3 Hydrogen fuel cells for construction equipment 29
3.4.2 COMPLEMENTARY TECHNOLOGIES 29
3.4.2.1 Monitoring and diagnosis via connected technologies 29
3.4.3 ADJACENT TECHNOLOGIES 29
3.4.3.1 Grade control systems 29
3.4.3.2 Advanced material science 30
3.5 TRENDS AND DISRUPTIONS IMPACTING CUSTOMER BUSINESS 30
3.6 ECOSYSTEM MAPPING 31
3.7 SUPPLY CHAIN ANALYSIS 33
3.8 PATENT ANALYSIS 35
4 COMPETITIVE LANDSCAPE 41
4.1 OVERVIEW 41
4.2 KEY PLAYER STRATEGIES/RIGHT TO WIN, 2021-2024 41
4.3 MARKET SHARE ANALYSIS, 2023 42
4.4 REVENUE ANALYSIS OF TOP 5 PLAYERS, 2019-2023 44
4.5 COMPANY EVALUATION MATRIX: CONSTRUCTION EQUIPMENT MANUFACTURERS, 2024 45
4.5.1 STARS 45
4.5.2 EMERGING LEADERS 45
4.5.3 PERVASIVE PLAYERS 45
4.5.4 PARTICIPANTS 45
4.5.5 COMPANY FOOTPRINT: CONSTRUCTION EQUIPMENT MANUFACTURERS, 2024 47
4.5.5.1 Region footprint, 2024 48
4.5.5.2 Propulsion footprint, 2024 48
4.5.5.3 Application footprint, 2024 49
4.1 MAJOR COMPACT CONSTRUCTION EQUIPMENT MANUFACTURERS, BY EQUIPMENT TYPE 50
4.1.1 MINI EXCAVATORS 50
4.1.2 SKID-STEER LOADERS 51
4.1.3 WHEELED LOADERS 52
4.1.4 BACKHOE LOADERS 53
4.1.5 TELESCOPIC HANDLERS 54
4.2 COMPANY EVALUATION MATRIX: COMPACT CONSTRUCTION EQUIPMENT MARKET, 2024 55
4.2.1 STARS 55
4.2.2 EMERGING LEADERS 55
4.2.3 PERVASIVE PLAYERS 55
4.2.4 PARTICIPANTS 55
4.2.5 COMPANY FOOTPRINT: COMPACT CONSTRUCTION EQUIPMENT MANUFACTURERS, 2024 57
4.2.5.1 Region footprint, 2024 58
4.2.5.2 Product footprint, 2024 58
4.2.5.3 Propulsion footprint, 2024 59
4.3 COMPANY VALUATION 60
4.4 FINANCIAL METRICS 60
4.5 BRAND/PRODUCT COMPARISON 61
4.6 COMPETITIVE SCENARIO 62
4.6.1 PRODUCT LAUNCHES/DEVELOPMENTS, 2021-2024 62
4.6.2 DEALS, 2021-2024 65
4.6.3 EXPANSIONS, 2021-2024 68
4.6.4 OTHERS, 2021-2024 71
?
5 COMPANY PROFILES 73
5.1 KEY PLAYERS 73
5.1.1 CATERPILLAR INC. 73
5.1.1.1 Business overview 73
5.1.1.2 Products offered 74
5.1.1.3 Recent developments 75
5.1.1.3.1 Product launches/enhancements 75
5.1.1.3.2 Deals 80
5.1.1.3.3 Expansions 82
5.1.1.4 MnM view 82
5.1.1.4.1 Key strengths 82
5.1.1.4.2 Strategic choices 82
5.1.1.4.3 Weaknesses and competitive threats 82
5.1.2 KOMATSU LTD. 83
5.1.2.1 Business overview 83
5.1.2.2 Products offered 84
5.1.2.3 Recent developments 85
5.1.2.3.1 Product launches/developments 85
5.1.2.3.2 Deals 86
5.1.2.3.3 Expansions 87
5.1.2.4 MnM view 87
5.1.2.4.1 Key strengths 87
5.1.2.4.2 Strategic choices 87
5.1.2.4.3 Weaknesses and competitive threats 88
5.1.3 DEERE & COMPANY 89
5.1.3.1 Business overview 89
5.1.3.2 Products offered 90
5.1.3.3 Recent developments 91
5.1.3.3.1 Product launches/enhancements 91
5.1.3.3.2 Deals 94
5.1.3.3.3 Expansions 94
5.1.3.4 MnM view 95
5.1.3.4.1 Key strengths 95
5.1.3.4.2 Strategic choices 95
5.1.3.4.3 Weaknesses and competitive threats 95
5.1.4 SANY GROUP 96
5.1.4.1 Business overview 96
5.1.4.2 Products offered 97
5.1.4.3 Recent developments 98
5.1.4.3.1 Product launches/developments 98
5.1.4.3.2 Deals 99
5.1.4.3.3 Expansions 99
5.1.4.3.4 Others 100
5.1.4.4 MnM view 100
5.1.4.4.1 Key strengths 100
5.1.4.4.2 Strategic choices 100
5.1.4.4.3 Weaknesses and competitive threats 100
5.1.5 XCMG GROUP 101
5.1.5.1 Business overview 101
5.1.5.2 Products offered 102
5.1.5.3 Recent developments 102
5.1.5.3.1 Product launches 102
5.1.5.3.2 Deals 104
5.1.5.3.3 Expansions 104
5.1.5.4 MnM view 105
5.1.5.4.1 Key strengths 105
5.1.5.4.2 Strategic choices 105
5.1.5.4.3 Weaknesses and competitive threats 105
5.1.6 HITACHI CONSTRUCTION MACHINERY CO., LTD. 106
5.1.6.1 Business overview 106
5.1.6.2 Products offered 107
5.1.6.3 Recent developments 108
5.1.6.3.1 Product launches 108
5.1.6.3.2 Deals 108
5.1.6.3.3 Expansions 109
5.1.7 AB VOLVO 111
5.1.7.1 Business overview 111
5.1.7.2 Products offered 112
5.1.7.3 Recent developments 113
5.1.7.3.1 Product launches 113
5.1.7.3.2 Deals 114
5.1.7.3.3 Expansions 115
5.1.7.3.4 Others 115
5.1.8 CNH INDUSTRIAL N.V. 116
5.1.8.1 Business overview 116
5.1.8.2 Products offered 117
5.1.8.3 Recent developments 118
5.1.8.3.1 Product launches 118
5.1.8.3.2 Deals 119
5.1.8.3.3 Others 119
5.1.9 LIEBHERR 120
5.1.9.1 Business overview 120
5.1.9.2 Products offered 121
?
5.1.9.3 Recent developments 122
5.1.9.3.1 Product launches/developments 122
5.1.9.3.2 Deals 124
5.1.9.3.3 Others 125
5.1.10 J C BAMFORD EXCAVATORS LTD. 126
5.1.10.1 Business overview 126
5.1.10.2 Products offered 126
5.1.10.3 Recent developments 127
5.1.10.3.1 Product launches 127
5.1.10.3.2 Deals 128
5.1.10.3.3 Expansions 128
5.1.10.3.4 Others 128
5.1.11 DOOSAN ENERBILITY 129
5.1.11.1 Business overview 129
5.1.11.2 Products offered 130
5.1.11.3 Recent developments 130
5.1.11.3.1 Deals 130
5.1.12 TEREX CORPORATION 131
5.1.12.1 Business overview 131
5.1.12.2 Products offered 132
5.1.12.3 Recent developments 133
5.1.12.3.1 Others 133
5.1.13 ZOOMLION HEAVY INDUSTRY SCIENCE & TECHNOLOGY CO., LTD. 134
5.1.13.1 Business overview 134
5.1.13.2 Products offered 135
5.1.14 KOBELCO CONSTRUCTION MACHINERY CO., LTD. 136
5.1.14.1 Business overview 136
5.1.14.2 Products offered 136
5.1.14.3 Recent developments 137
5.1.14.3.1 Deals 137
5.1.14.3.2 Expansions 137
5.1.14.3.3 Others 137
5.1.15 HD HYUNDAI CONSTRUCTION EQUIPMENT CO., LTD. 138
5.1.15.1 Business overview 138
5.1.15.2 Products offered 139
5.1.15.3 Recent developments 139
5.1.15.3.1 Product launches 139
5.1.15.3.2 Expansions 140
5.1.15.3.3 Others 140
5.1.16 KUBOTA CORPORATION 141
5.1.16.1 Business overview 141
5.1.16.2 Products offered 142
5.1.16.3 Recent developments 143
5.1.16.3.1 Product launches 143
5.1.16.3.2 Expansions 143
5.1.17 YANMAR HOLDINGS CO., LTD. 145
5.1.17.1 Business overview 145
5.1.17.2 Product offered 146
5.1.17.3 Recent developments 146
5.1.17.3.1 Product launches 146
5.1.17.3.2 Deals 146
5.1.17.3.3 Expansions 147
5.1.17.3.4 Others 147
5.1.18 SUMITOMO CONSTRUCTION MACHINERY CO., LTD. 148
5.1.18.1 Business overview 148
5.1.18.2 Products offered 148
5.2 OTHER PLAYERS 149
5.2.1 SANDVIK 149
5.2.2 THE MANITOWOC COMPANY, INC. 150
5.2.3 ASTEC INDUSTRIES, INC. 151
5.2.4 WACKER NEUSON SE 152
5.2.5 ESCORTS KUBOTA LIMITED. 153
5.2.6 AMMANN GROUP 154
5.2.7 LIUGONG MACHINERY CO., LTD. 155
5.2.8 MANITOU GROUP 156
5.2.9 SHANTUI CONSTRUCTION MACHINERY CO., LTD. 157
5.2.10 DINGSHENG TIANGONG CONSTRUCTION MACHINERY CO., LTD. 158
6 APPENDIX 159
6.1 RESEARCH METHODOLOGY 159
6.1.1 RESEARCH DATA 159
6.1.1.1 Secondary data 160
6.1.1.2 Primary data 160
6.1.2 RESEARCH ASSUMPTIONS AND RISK ASSESSMENT 161
6.1.3 RESEARCH LIMITATIONS 163
6.2 COMPANY EVALUATION MATRIX: METHODOLOGY 163
6.3 AUTHOR DETAILS 166
TABLE 1 INCLUSIONS AND EXCLUSIONS 13
TABLE 2 UPCOMING INFRASTRUCTURE PROJECTS 21
TABLE 3 SOLID-STATE VS. LITHIUM-ION BATTERIES 25
TABLE 4 DIGITAL SERVICES OFFERED BY OEMS 26
TABLE 5 CONSTRUCTION EQUIPMENT MARKET: ROLE OF COMPANIES IN ECOSYSTEM 32
TABLE 6 PATENT ANALYSIS 36
TABLE 7 KEY PLAYER STRATEGIES/RIGHT TO WIN, 2021-2024 41
TABLE 8 CONSTRUCTION EQUIPMENT MARKET: DEGREE OF COMPETITION, 2023 43
TABLE 9 CONSTRUCTION EQUIPMENT MARKET: REGION FOOTPRINT, 2024 48
TABLE 10 CONSTRUCTION EQUIPMENT MANUFACTURERS: PROPULSION FOOTPRINT, 2024 48
TABLE 11 CONSTRUCTION EQUIPMENT MANUFACTURERS: APPLICATION FOOTPRINT, 2024 49
TABLE 12 MINI EXCAVATORS (OEMS AND MODELS) 50
TABLE 13 SKID-STEER LOADERS (OEMS AND MODELS) 51
TABLE 14 WHEELED LOADERS (OEMS AND MODELS) 52
TABLE 15 BACKHOE LOADERS (OEMS AND MODELS) 53
TABLE 16 TELESCOPIC HANDLERS (OEMS AND MODELS) 54
TABLE 17 COMPACT CONSTRUCTION EQUIPMENT MARKET: REGION FOOTPRINT, 2024 58
TABLE 18 COMPACT CONSTRUCTION EQUIPMENT MARKET: PRODUCT FOOTPRINT, 2024 58
TABLE 19 COMPACT CONSTRUCTION EQUIPMENT MARKET: PROPULSION FOOTPRINT, 2024 59
TABLE 20 CONSTRUCTION EQUIPMENT MARKET: PRODUCT LAUNCHES/DEVELOPMENTS/ENHANCEMENTS, JANUARY 2021-DECEMBER 2024 62
TABLE 21 CONSTRUCTION EQUIPMENT MARKET: DEALS, JANUARY 2021-DECEMBER 2024 65
TABLE 22 CONSTRUCTION EQUIPMENT MARKET: EXPANSIONS,
JANUARY 2021-DECEMBER 2024 68
TABLE 23 CONSTRUCTION EQUIPMENT MARKET: OTHERS, JANUARY 2021-DECEMBER 2024 71
TABLE 24 CATERPILLAR INC.: COMPANY OVERVIEW 73
TABLE 25 CATERPILLAR INC.: PRODUCTS OFFERED 74
TABLE 26 CATERPILLAR INC.: PRODUCT LAUNCHES/ENHANCEMENTS 75
TABLE 27 CATERPILLAR INC.: DEALS 80
TABLE 28 CATERPILLAR INC.: EXPANSIONS 82
TABLE 29 KOMATSU LTD.: COMPANY OVERVIEW 83
TABLE 30 KOMATSU LTD.: PRODUCTS OFFERED 84
TABLE 31 KOMATSU LTD.: PRODUCT LAUNCHES/DEVELOPMENTS 85
TABLE 32 KOMATSU LTD.: DEALS 86
TABLE 33 KOMATSU LTD.: EXPANSIONS 87
TABLE 34 DEERE & COMPANY: COMPANY OVERVIEW 89
TABLE 35 DEERE & COMPANY: PRODUCTS OFFERED 90
TABLE 36 DEERE & COMPANY: PRODUCT LAUNCHES/ENHANCEMENTS 91
TABLE 37 DEERE & COMPANY: DEALS 94
TABLE 38 DEERE & COMPANY: EXPANSIONS 94
TABLE 39 SANY GROUP: COMPANY OVERVIEW 96
TABLE 40 SANY GROUP: PRODUCTS OFFERED 97
TABLE 41 SANY GROUP: PRODUCT LAUNCHES/DEVELOPMENTS 98
TABLE 42 SANY GROUP: DEALS 99
TABLE 43 SANY GROUP: EXPANSIONS 99
TABLE 44 SANY GROUP: OTHERS 100
TABLE 45 XCMG GROUP: COMPANY OVERVIEW 101
TABLE 46 XCMG GROUP: PRODUCTS OFFERED 102
TABLE 47 XCMG GROUP: PRODUCT LAUNCHES 102
TABLE 48 XCMG GROUP: DEALS 104
TABLE 49 XCMG GROUP: EXPANSIONS 104
TABLE 50 HITACHI CONSTRUCTION MACHINERY CO., LTD.: COMPANY OVERVIEW 106
TABLE 51 HITACHI CONSTRUCTION MACHINERY CO., LTD.: PRODUCTS OFFERED 107
TABLE 52 HITACHI CONSTRUCTION MACHINERY CO., LTD.: PRODUCT LAUNCHES 108
TABLE 53 HITACHI CONSTRUCTION MACHINERY CO., LTD.: DEALS 108
TABLE 54 HITACHI CONSTRUCTION MACHINERY CO., LTD.: EXPANSIONS 109
TABLE 55 AB VOLVO: COMPANY OVERVIEW 111
TABLE 56 AB VOLVO: PRODUCTS OFFERED 112
TABLE 57 AB VOLVO: PRODUCT LAUNCHES 113
TABLE 58 AB VOLVO: DEALS 114
TABLE 59 AB VOLVO: EXPANSIONS 115
TABLE 60 AB VOLVO: OTHERS 115
TABLE 61 CNH INDUSTRIAL N.V.: COMPANY OVERVIEW 116
TABLE 62 CNH INDUSTRIAL N.V.: PRODUCTS OFFERED 117
TABLE 63 CNH INDUSTRIAL N.V.: PRODUCT LAUNCHES 118
TABLE 64 CNH INDUSTRIAL N.V.: DEALS 119
TABLE 65 CNH INDUSTRIAL N.V.: OTHERS 119
TABLE 66 LIEBHERR: COMPANY OVERVIEW 120
TABLE 67 LIEBHERR: PRODUCTS OFFERED 121
TABLE 68 LIEBHERR: PRODUCT LAUNCHES/DEVELOPMENTS 122
TABLE 69 LIEBHERR: DEALS 124
TABLE 70 LIEBHERR: OTHERS 125
TABLE 71 J C BAMFORD EXCAVATORS LTD.: COMPANY OVERVIEW 126
TABLE 72 J C BAMFORD EXCAVATORS LTD.: PRODUCTS OFFERED 126
TABLE 73 J C BAMFORD EXCAVATORS LTD.: PRODUCT LAUNCHES 127
TABLE 74 J C BAMFORD EXCAVATORS LTD.: DEALS 128
TABLE 75 J C BAMFORD EXCAVATORS LTD.: EXPANSIONS 128
TABLE 76 J C BAMFORD EXCAVATORS LTD.: OTHERS 128
TABLE 77 DOOSAN ENERBILITY: COMPANY OVERVIEW 129
TABLE 78 DOOSAN ENERBILITY: PRODUCTS OFFERED 130
TABLE 79 DOOSAN ENERBILITY: DEALS 130
TABLE 80 TEREX CORPORATION: COMPANY OVERVIEW 131
TABLE 81 TEREX CORPORATION: PRODUCTS OFFERED 132
TABLE 82 TEREX CORPORATION: OTHERS 133
TABLE 83 ZOOMLION HEAVY INDUSTRY SCIENCE & TECHNOLOGY CO., LTD.:
COMPANY OVERVIEW 134
TABLE 84 ZOOMLION HEAVY INDUSTRY SCIENCE & TECHNOLOGY CO., LTD.:
PRODUCTS OFFERED 135
TABLE 85 KOBELCO CONSTRUCTION MACHINERY CO., LTD.: COMPANY OVERVIEW 136
TABLE 86 KOBELCO CONSTRUCTION MACHINERY CO., LTD.: PRODUCTS OFFERED 136
TABLE 87 KOBELCO CONSTRUCTION MACHINERY CO., LTD.: DEALS 137
TABLE 88 KOBELCO CONSTRUCTION MACHINERY CO., LTD.: EXPANSIONS 137
TABLE 89 KOBELCO CONSTRUCTION MACHINERY CO., LTD: OTHERS 137
TABLE 90 HD HYUNDAI CONSTRUCTION EQUIPMENT CO., LTD.: COMPANY OVERVIEW 138
TABLE 91 HD HYUNDAI CONSTRUCTION EQUIPMENT CO., LTD.: PRODUCTS OFFERED 139
TABLE 92 HD HYUNDAI CONSTRUCTION EQUIPMENT CO., LTD.: PRODUCT LAUNCHES 139
TABLE 93 HD HYUNDAI CONSTRUCTION EQUIPMENT CO., LTD: EXPANSIONS 140
TABLE 94 HD HYUNDAI CONSTRUCTION EQUIPMENT CO., LTD: OTHERS 140
TABLE 95 KUBOTA CORPORATION: COMPANY OVERVIEW 141
TABLE 96 KUBOTA CORPORATION: PRODUCTS OFFERED 142
TABLE 97 KUBOTA CORPORATION: PRODUCT LAUNCHES 143
TABLE 98 KUBOTA CORPORATION: EXPANSIONS 143
TABLE 99 YANMAR HOLDINGS CO., LTD.: COMPANY OVERVIEW 145
TABLE 100 YANMAR HOLDINGS CO., LTD.: PRODUCTS OFFERED 146
TABLE 101 YANMAR HOLDINGS CO., LTD.: PRODUCT LAUNCHES 146
TABLE 102 YANMAR HOLDINGS CO., LTD.: DEALS 146
TABLE 103 YANMAR HOLDINGS CO., LTD.: EXPANSIONS 147
TABLE 104 YANMAR HOLDINGS CO., LTD.: OTHERS 147
TABLE 105 SUMITOMO CONSTRUCTION MACHINERY CO., LTD.: COMPANY OVERVIEW 148
TABLE 106 SUMITOMO CONSTRUCTION MACHINERY CO., LTD.: PRODUCTS OFFERED 148
TABLE 107 SANDVIK: COMPANY OVERVIEW 149
TABLE 108 THE MANITOWOC COMPANY, INC.: COMPANY OVERVIEW 150
TABLE 109 ASTEC INDUSTRIES, INC.: COMPANY OVERVIEW 151
TABLE 110 WACKER NEUSON SE: COMPANY OVERVIEW 152
TABLE 111 ESCORTS KUBOTA LIMITED.: COMPANY OVERVIEW 153
TABLE 112 AMMANN GROUP: COMPANY OVERVIEW 154
TABLE 113 LIUGONG MACHINERY CO., LTD.: COMPANY OVERVIEW 155
TABLE 114 MANITOU GROUP: COMPANY OVERVIEW 156
TABLE 115 SHANTUI CONSTRUCTION MACHINERY CO., LTD.: COMPANY OVERVIEW 157
TABLE 116 DINGSHENG TIANGONG CONSTRUCTION MACHINERY CO., LTD.:
COMPANY OVERVIEW 158
FIGURE 1 CONSTRUCTION EQUIPMENT MARKET OVERVIEW 15
FIGURE 2 CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2024 VS. 2030 16
FIGURE 3 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IN
CONSTRUCTION EQUIPMENT MARKET 20
FIGURE 4 TRENDS AND DISRUPTIONS IMPACTING CUSTOMER BUSINESS 30
FIGURE 5 OFF-HIGHWAY VEHICLE MARKET ECOSYSTEM 31
FIGURE 6 CONSTRUCTION EQUIPMENT MARKET ECOSYSTEM 32
FIGURE 7 SUPPLY CHAIN ANALYSIS 34
FIGURE 8 PATENT ANALYSIS 35
FIGURE 9 MARKET SHARE OF KEY PLAYERS, 2023 42
FIGURE 10 REVENUE ANALYSIS OF TOP 5 PLAYERS, 2019-2023 44
FIGURE 11 COMPANY EVALUATION MATRIX
(CONSTRUCTION EQUIPMENT MANUFACTURERS), 2024 46
FIGURE 12 CONSTRUCTION EQUIPMENT MANUFACTURERS: COMPANY FOOTPRINT, 2024 47
FIGURE 13 COMPACT CONSTRUCTION EQUIPMENT MARKET:
COMPANY EVALUATION MATRIX, 2024 56
FIGURE 14 COMPACT CONSTRUCTION EQUIPMENT MANUFACTURERS:
COMPANY FOOTPRINT, 2024 57
FIGURE 15 CONSTRUCTION EQUIPMENT MARKET: COMPANY VALUATION 60
FIGURE 16 CONSTRUCTION EQUIPMENT MARKET: FINANCIAL METRICS 60
FIGURE 17 BRAND/PRODUCT COMPARISON 61
FIGURE 18 CATERPILLAR INC.: COMPANY SNAPSHOT 74
FIGURE 19 KOMATSU LTD.: COMPANY SNAPSHOT 84
FIGURE 20 DEERE & COMPANY: COMPANY SNAPSHOT 90
FIGURE 21 SANY GROUP: COMPANY SNAPSHOT 97
FIGURE 22 XCMG GROUP: COMPANY SNAPSHOT 101
FIGURE 23 HITACHI CONSTRUCTION MACHINERY CO., LTD.: COMPANY SNAPSHOT 107
FIGURE 24 AB VOLVO: COMPANY SNAPSHOT 112
FIGURE 25 CNH INDUSTRIAL N.V.: COMPANY SNAPSHOT 117
FIGURE 26 LIEBHERR: COMPANY SNAPSHOT 121
FIGURE 27 DOOSAN ENERBILITY: COMPANY SNAPSHOT 129
FIGURE 28 TEREX CORPORATION: COMPANY SNAPSHOT 132
FIGURE 29 ZOOMLION HEAVY INDUSTRY SCIENCE & TECHNOLOGY CO., LTD.:
COMPANY SNAPSHOT 134
FIGURE 30 HD HYUNDAI CONSTRUCTION EQUIPMENT CO., LTD.: COMPANY SNAPSHOT 138
FIGURE 31 KUBOTA CORPORATION: COMPANY SNAPSHOT 142
FIGURE 32 YANMAR HOLDINGS CO., LTD.: COMPANY SNAPSHOT 145
FIGURE 33 RESEARCH DESIGN 159
Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.