International Construction magazine, a subsidiary of the British KHL Group, a construction machinery information provider, released the 2026 Yellow Table — CONSTRUCTION EQUIPMENT SALES FOR THE WORLD’S TOP 50 OEMS. In fiscal year 2025, the equipment sales of the top 50 companies reached US$246.5 billion, once again setting a new historical record. Caterpillar remains first, with annual construction machinery sales of US$37.5 billion. The top six companies on the list account for nearly 40% of the top 50's total sales.
The total number of Chinese companies on the list is still 13, with XCMG rising to third place and Sany Heavy Industry remaining at sixth place. The total annual sales of construction machinery of the 13 companies on the list is US$48.9 billion, accounting for 20.4% of the global market share.
Ranking Company Headquarters Annual Construction Machinery Sales/Market Share
1. Caterpillar (Caterpillar) United States $37.494 billion/15.2%
2. Komatsu Japan US$27.12 billion/11.0%
3. XCMG Group (XCMG) China US$14.207 billion/5.8%
4. John Deere USA US$13.2 billion/5.4%
5. Liebherr Germany $12.669 billion/5.1%
6. Sany Heavy Industry (Sany) China US$12.582 billion/5.1%
7. Volvo Construction Equipment (Volvo Construction Equipment) Sweden US$10.469 billion/4.2%
8. Hitachi Construction Machinery Japan US$9.081 billion/3.7%
9. JCB UK US$7.51 billion/3.0%
10. Sandvik Mining and Rock Technology Sweden $6.918 billion/2.8%
11. Zoomlion China US$6.812 billion/2.8%
12. Epiroc Sweden US$6.33 billion/2.6%
13. Doosan Bobcat (Doosan Bobcat) South Korea US$6.181 billion/2.5%
14. Metso Outotec Finland US$5.842 billion/2.4%
15. HD Construction Equipment South Korea US$5.658 billion/2.3%
16. Terex (Terex) United States US$5.4 billion/2.2%
17. Liugong China US$4.723 billion/1.9%
18. Oshkosh Access Equipment (JLG) United States US$4.3 billion/1.7%
19. Kubota (Kubota) Japan US$4.177 billion/1.7%
20. CNH Industrial Italy US$2.956 billion/1.2%
21. Manitou Group France US$2.9 billion/1.2%
22. Palfinger Austria US$2.64 billion/1.1%
23. Sumitomo Heavy Industries Japan US$2.626 billion/1.1%
24. Kobelco Construction Machinery Japan US$2.547 billion/1.0%
25. Wacker Neuson Germany 2.505 billion US dollars/1.0%
26. Fayat Group France 2.483 billion US dollars/1.0%
27. Tadano Japan 2.335 billion US dollars/0.9%
28. Manitowoc, United States $2.241 billion/0.9%
29. Shantui China 2.051 billion US dollars/0.8%
30. Hiab Finland 1.756 billion US dollars/0.7%
31. Takeuchi (Takeuchi) Japan US$1.604 billion/0.7%
32. Lonking China US$1.573 billion/0.6%
33. Lingong Heavy Machinery (LGMG) China US$1.423 billion/0.6%
36. Astec Industries United States $1.407 billion/0.6%
35. Ammann Switzerland US$1.282 billion/0.5%
36. Dingli China US$1.281 billion/0.5%
37. China Railway Construction Heavy Industry (CRCHI) US$1.057 billion/0.4%
38. Tongli Heavy Industry (Tonly) China US$896 million/0.4%
39. Skyjack Canada $896 million/0.4%
40. Bauer (Germany) US$824 million/0.3%
41. Sunward China US$823 million/0.3%
42. Lovol China US$795 million/0.3%
43. Merlo Italy US$756 million/0.3%
44. Sinoboom China US$709 million/0.3%
45. Hidromek Türkiye US$706 million/0.3%
46. Yanmar Japan US$701 million/0.3%
47. Bell Equipment (Bell Equipment) South Africa US$677 million/0.3%
48. Sennebogen (Germany) US$600 million/0.2%
49. Haulotte Group France US$578 million/0.2%
50. KATO WORKS Japan US$365 million/0.1%
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