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The world's top 50 construction machinery list was released.

Writer: admin Time:2023-07-24 15:31 Browse:

British KHL Group recently released the 2023 Global construction machinery manufacturers' Top 50 lists. Caterpillar with its leading sales performance retained the top spot again. The list shows that the total sales of the top 50 global construction machinery manufacturers in 2022 are $23.6 billion, which is also one of the highest figures in the history of the list.
Caterpillar and Komatsu ranked first and second in the top 10, they were followed by Xugong, and John Deere surpassed fourth and fifth, respectively.
In 2022, John Deere's acquisition of the Wirtgen Group allows the company to enter new markets. Volvo moved into sixth place, and the second position is unchanged: Liebherr, Hitachi Construction Machinery, and Sandvik moved up one place, with Hitachi Construction Machinery ending in 2022. John Deere's joint venture sees the Americas as a priority and important market and has been making a large number of acquisitions. In 2022, John Deere made 10 acquisitions and JCB moved up one spot to become a new top 10 company.
The order changes greatly. Chinese companies also make most of their sales at home. ShanTui, DingLi, and Lovol, the three enterprises' performance has different ranges of year-on-year growth.
Shantui became the only enterprise to rise in the ranking, Shantui Construction Machinery Co., Ltd. rose two places to the 31st, but other enterprises have different declines.

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