Who is the largest supplier of excavators in the world?

29, Jul. 2024

 

10 largest construction equipment manufacturers in the world

Caterpillar held on to the top spot as the world's largest construction equipment manufacturer by sales in , according to KHL's Yellow Table.

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Despite global construction equipment sales dipping slightly in , figures remained near record highs, as reported by European construction media group KHL in the release of its annual Yellow Table.

Sales for the world's top 50 construction equipment manufacturers totaled $231 billion, down from $233 billion in . KHL says growth was bolstered by U.S.-based manufacturers, which accounted for more than 26% of the total revenue of the Yellow Table, up from 21% in .

Accounting for 16% of total sales, Caterpillar retained its top spot on the Yellow Table, while Komatsu and XCMG held on to their respective No. 2 and No. 3 positions. Chinese manufacturer Zoomlion and South Korean manufacturer Doosan (now Develon) dropped out of the top 10, and JCB moved up into the elite rankings for the first time in several years.

There was much more movement in the remaining top 10 positions, with John Deere edging out Sany to move into the No. 4 position and Liebherr, Hitachi and Sandvik all moving up one position from the previous year.

Here are the 10 largest construction equipment manufacturers by sales for . (To view the latest data for , check out this article.)

The full Yellow Table will be published in the May-June issue of International Construction. 

Top 55 Excavator Brands in the World

A list of excavator brands manufactured around the world.

The excavator is one of the most common pieces of heavy equipment on any job site. They provide the power and versatility for many tasks. Because of the global demand for excavators, there are many brands available. If you are in the market for an excavator, here is a list with links to their website.

Note: The brands are in alphabetical order. Click on the photo to visit the website.

BEML

BEML Limited (formerly Bharat Earth Movers Limited) was established in May as a Public Sector Undertaking to manufacture Rail Coaches & Spare Parts and Mining Equipment at its Bangalore Complex.

Bobcat

Bobcat is a global brand with employees and manufacturing facilities worldwide. We are proud of what we create, the value we provide, and the relationships we build ' all while helping people succeed. Both the people behind our brand and the equipment we manufacture are tough, agile, and versatile. Bobcat equipment fosters a sense of pride and inspires confidence on even the most challenging job sites.    

Bonovo

DIG-DOG is a family brand of BONOVO CHINA. Its story dates back to the s when it was a well-known brand for excavator attachments. With years of hard work and industry experience accumulation, DIG-DOG has become a respectable brand for small earthmoving machines. Our mission is to make DIG-DOG a reliable brand of small diggers who work efficiently in your yard and our slogan is: "DIG-DOG, Dig Your Dream Land!"

Case CE (CNH)

We're committed, more than ever, to make your life a little easier. That's why practical innovation is built into our new products and enhancements and why we're working to create more simplified and intuitive experiences. You can count on us for one-on-one dealer support for all your equipment and solution needs, and for your community-building efforts. Whatever comes your way, together, we've got this.

Caterpillar

Caterpillar Inc. is the world's leading manufacturer of construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives. For nearly 100 years, we've been helping customers build a better, more sustainable world and are committed and contributing to a reduced carbon future. Our innovative products and services, backed by our global dealer network, provide exceptional value that helps customers succeed.

Cukurova

Launched in to manufacture agricultural machines under a licensing agreement with John Deere¸ Cukurova Makina produced 26.250 units over the next 18 years. In ¸ the Company started to manufacture earth moving and industrial machines under its own license and brand name 'ÇUKUROVA.' The company's outstanding products include; forklift trucks; backhoe loaders; wheel loaders and excavators. Products are assembled at the Company's manufacturing facility located in Tarsus-TURKIYE. 

Doosan

Doosan delivers powerful, reliable solutions that help our customers work efficiently and profitably. We're also innovators who see the way the world will be and engineer equipment, new technologies, and services to help you compete for bigger, more complex work tomorrow. We began manufacturing equipment in and have a long legacy in infrastructure support. Through the years, we've continued to grow and innovate, becoming one of the leading global players in the worldwide construction, mining, recycling and forestry equipment industries.

Eurocomach Sampierana 

Sampierana S.p.A. is a company founded in the 50s by a small workshop for steelworking. The name, the history, the products: everything in Sampierana emphasizes the link between the company and its territory. The company's success began with the production of tracked undercarriages for special applications. The rise continues with the birth of earthmoving machines under the Eurocomach brand and the affirmation of the original Sampierana and Berco line of undercarriage spare parts.

Foremost 

Foremost is a large and diverse industrial manufacturer. We specialize in equipment for oil & gas, mining, construction, and water well markets and have grown to be one of the largest vacuum truck manufacturers in Canada. In early , Foremost acquired the operating assets of Steel Craft Inc. and JTL Industries, leading to the addition of ULC Fuel Tanks and Agriculture Grain Bins to Foremost's product line. With multiple locations in Alberta, a solid reputation dating back to , over 500 employees, and a unique depth of expertise Foremost is a company with great people, great products, and a great future. 

Gradall

At ConExpo-Con/Agg, Gradall provided a preview into the future of equipment demos and training with our Virtual Reality exhibit. Visitors to the exhibit (including actual operators as well as several talented young people) tested their skills with a Gradall seating module, joysticks and screens, deftly competing with a clock while moving rocks into a truck.

Guangxi Yuchai

Founded in , Guangxi Yuchai Machinery Group Co., Ltd is a large-scale State-owned enterprise, that has more than 30 wholly-owned, holding, or joint-venture subsidiaries, with annual sales revenue of more than 45 billion yuan and nearly 20,000 employees. Guangxi Yuchai Heavy Industry Co., Ltd was founded in and made the first mini excavator in China in the same year. It is a subsidiary of Yuchai Group, and focuses on construction machinery, especially the excavator business. Yuchai excavator has been exported to more than 100 countries since .

Hengwang

Shandong Hengwang Group Co., Ltd. was established in , registered capital 100 million yuan, headquartered in the township of Confucius and Mencius, China's cultural city-Shandong Jining. Since its establishment, the company has become a national high-tech enterprise integrating R & D, design, production and manufacturing, international trade, e-commerce, logistics, and transportation with 400 employees under the care and support of superior leaders and the joint efforts of all employees.

HEPCO

Heavy Equipment Production Company ( HEPCO), the biggest manufacturer of Road and Mining machinery in the Mid-East was established in , the immediate purpose of which was producing and assembling such products as Dozer, Loader, Roller, Excavator, and Motor Grader. In order to develop its business and to transfer the necessary technology from overseas, HEPCO opened cooperation with world prestigious Brands including Volvo, Liebherr, Komastu, Dynapac, and New Holland. Following this, HEPCO started to design some products in its own R&D department so that it could develop the range of its products. 

Hidromek

HİDROMEK, a globally known manufacturer of construction machinery, was founded in Ankara in . The founder of HİDROMEK, Hasan Basri Bozkurt, started by producing attachments for agricultural tractors. This initiative was moved further in the following years and the first construction machine ever designed by Turkish engineers was produced. The product range was expanded over time, which led to the growth of HİDROMEK. Today, HİDROMEK has around employees.

Hitachi 

The Hitachi Construction Machinery Americas Inc. (HCMA) team is securely poised as your go-to source in the North American and Latin American construction machinery market. HCMA has U.S. corporate offices in Newnan, Georgia, and manufacturing facilities in Banshu, Ryugasaki, Tierra, and Hitachinaka, Japan. We have the experience and technology to design, engineer, manufacture, and service your Hitachi construction machinery.

Hydrema

HYDREMA is a modern, international group of companies that develops, manufactures, and markets high-technology earth-moving equipment and mine-clearing vehicles. The main factory and head office is located in Støvring near Aalborg in the north of Denmark.

Hyundai

Hyundai Construction Equipment, formerly Hyundai Heavy Industries, is the construction division of Hyundai Corporation. Formed in , it manufactures and supports its products through 500 local distributors in 140 countries. The division has 9 global operation centers based in the United States, Europe, India, Indonesia, Brazil, and China.

JCB 

The story of JCB is one of innovation, ambition and sheer hard work. From small beginnings building agricultural tipping trailers in , to the global force in manufacturing the company has become today, JCB has constantly pushed the boundaries in our desire to be the best. My father and company founder Joseph Cyril Bamford's motto was, 'Jamais content', and that is exactly right ' we are never content with our achievements. Today, we have 22 plants on four continents and more than 750 dealers around the world.

John Deere

We conduct business essential to life. Running for the people who trust us and the planet that sustains us, we create intelligent connected machines that enable lives to leap forward. John Deere customers are at the center of everything we do. We rely on more than 180 years of experience and terabytes of precision data to know them and their businesses better than anyone else. Our easy-to-use technology helps deliver results they see in the field, on the job site, and on the balance sheet. We ensure seamless access to parts, services, and performance upgrades from take-home to trade-in by providing world-class support throughout the lifecycle of their equipment, with productivity and sustainability always in mind.

Kaiser AG

The foundations for KAISER AG were laid back in . CEO Markus Kaiser is the third generation to run the business. The clear ownership structure across the entire group guarantees sustainable strategic development. Reliability in our relationships with customers and a strong sense of social responsibility are important entrepreneurial principles. The availability of key competencies within the company is a fundamental part of corporate strategy. KAISER's products excel with their high technological autonomy. Consequently, the technology and development department plays a key role within the company.

Kato Works

For over a century, we have been following the motto of  KATO  of 'Contributing To Society By Providing Excellent Products.' Our current technologies can be traced back through our long history of developing original technologies. Since our establishment, we have valued creativity and challenged the limits of technological innovation with a pioneering spirit. Starting with the diesel engines we designed in the early 20th century, we have continued to develop truck cranes, hydraulic excavators, rough terrain cranes and all-terrain cranes that have revolutionized the construction machine industry.

Kobelco

Since , we've built KOBELCO excavators to be leaders in the industry, adding innovation to our machines at every turn. It's that attitude that leads to the development of the first short rear swing excavator, as well as the demolition machine with the longest reach in the world. Today, we're continuing our commitment to quality and innovation. We're building the strongest dealer network in North and Latin America. And we're stocking our parts facility in Texas with more than 54,000 items ready to ship overnight. With one eye on the future, we're staying ahead of the competition and anticipating what you'll need tomorrow.

Komatsu

For the last century, the companies that power society and develop the world's infrastructure have relied on Komatsu to empower them. Through manufacturing, technology, and service innovation with a reputation for dantotsu quality, reliability, insights, and support, we work as partners to create lasting value for your business.

Kubota

'For Earth, For Life' is much more than Kubota's brand statement. It's a mission we dedicate ourselves to as a global company. We are committed to engineering excellence so that our customers can focus on planting, feeding, building, and caring for our world. We welcome you to explore and learn more about Kubota.

Larsen & Toubro

L&T Construction & Mining Machinery is part of the highly successful L&T Group and is engaged in marketing and servicing a wide range of equipment, deployed in the core sectors of the economy. We have been a leading manufacturer of hydraulic excavators in the Indian market for over three decades. Over the years, we have introduced cutting-edge technology to the Indian market, while meeting high standards of safety, reliability, and productivity.

LBX

When William Dana Ewart patented the Link-Belt drive chain in , he laid the foundation for a company rooted in problem-solving with hard work, creativity, and innovation. Since then, LBX has grown to provide industry-leading excavator products, customer-first support, and innovative aftermarket options. Our team develops, designs and tests all our products to produce the most productive, reliable, and efficient machines on the market.

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LeeBoy

LeeBoy has been pioneering road construction equipment and solutions, for almost half a century in the US, since its inception in the year , and has earned recognition for its quality, depth & width of innovative designs and for providing customers with value. LeeBoy India Construction Equipment Private Limited was incorporated in India in September . It operated out of its Bangalore Facility up to . Leeboy India moved to its Chennai facility in , to engineer and manufacture high-performance road construction and excavation equipment, together with a unique end-to-end value proposition for its customers.

Liebherr

Liebherr excavators ' innovative construction machinery for every application. Digging, excavating, and shoveling are the main tasks of the excavator. Whether in civil engineering digging a pit or dredging in a body of water: Liebherr offers the optimum machine for every task.

LiuGong

Tough machines. Dedicated people. Superior value. Those are the areas where LiuGong North America strives to perform each and every day. Whether you're a customer, an operator, or a dealer, we measure our success by how well we're helping yours. What kind of a company thinks that way? One that's ready to help you grow and succeed.

Lonking

Lonking Holdings Limited ('Lonking') is a large construction machine manufacturer established in Longyan, Fujian in by Li San Yim, who is the representative of the 11th and 12th National People's Congress, the National Model Worker, and the Excellent Builder of the Socialist Cause with Chinese characteristics. In , Lonking became the first Chinese construction machinery company listed on the main board of The Stock Exchange of Hong Kong Ltd. (stock code: ), becoming one of the global Top 50 construction machinery companies.

Lovol

Weichai Lovol Heavy Industry is a world-famous mechanical equipment manufacturing enterprise, which is committed to achieving intelligent manufacturing, intelligent management, and intelligent service through industrial technology, and providing interconnected, efficient, and reliable overall solutions for global modern agricultural production, urban life construction, and resource industries. At present, it has about 13,000 employees and its business covers more than 120 countries and regions around the world.

Mecalac

MECALAC's aim is to offer compact-class construction equipment with superior performance concerning flexibility, speed, and process innovation. Almost all products are designed for 3D compactness and optimized attachment- and tool carrier. MECALAC products are designed for the highest fuel efficiency and

Messersì

Messersì S.p.A. was certified ISO by RINA for the first time in and has continued to keep and improve the quality certification according to all the updates required by the Quality Certification Body. The company is customer oriented as a winning strategy to consolidate the relationship already acquired and always looking at possible new business opportunities.

Mitsubishi

Besides diesel engines, Mitsubishi also manufactures construction machinery. Find below an overview of applications and find out which engines have been used in these excavators and crawler dumpers.

MultiOne

MultiOne is a multifunctional compact mini-wheel loader distributed and supported worldwide. The MultiOne brand represents solutions for individuals or companies focused on maximizing production in a variety of sectors from farming, landscaping, construction, mining, agriculture, public maintenance, and DIY /Leisure to name but a few. MultiOne is the ultimate articulated mini loader comprising of many different models to choose from. A superior range of attachments ensures the most cost-effective solution without compromising quality and reliability.

New Holland

New Holland offers a line of SMART residential construction equipment and attachments that exceed expectations for maneuverability, precision, and control. You can rely on New Holland compact excavators, compact wheel loaders, and maneuverable, multi-use loader backhoes for site preparation, foundation, and grading work. Choose flexible, versatile telescopic handlers, skid steer loaders, and compact track loaders for landscaping and material handling jobs.

Pindad

PT. Pindad (Persero) through the Heavy Equipment Division produces supporting products for the construction and mining industries. The products and services we provide are Heavy Equipment products (Excavators) and Machining Services. Through the transformation of competencies in defense products, including hydraulic systems and chained wheels, Pindad created the first heavy equipment product called Excava 200, which has 20 tons of load capacity. Afterward, we produced other variants of the Excava200 excavator, which is Excava Amphibious, which is known for its ability to operate on water surfaces. 

Quanzhou Jingli

QUANZHOU JINGLI ENGINEERING MACHINERY CO., LTD., established in July , is a professional manufacturer integrating design, development, production, and sales of equipment and machinery. The company is located in Quanzhou, Fujian Province, the starting point of the China Maritime Silk Road, and enjoys convenient transportation advantages. The factory covers an area of 70,000 square meters. The company is equipped with various types of imported large-scale processing equipment.

SANY

SANY equipment is Made for America, meaning that each machine is precision-built for America's toughest jobs and hard-working operators. Across the country and around the world, people rely on our equipment to get the job done, and SANY delivers. From our headquarters in Peachtree City, Georgia to our growing national Dealer Partner network and industry-leading warranties, SANY is designed to perform, built to endure, and committed to service that's local.

SDLG

SDLG founded in , is an international construction machinery enterprise and a national high-tech enterprise. The main products include a series of construction machinery products such as loaders, excavators, road machinery, and core key components.

Shantui

Shantui Construction Machinery Co., Ltd. (hereinafter referred to as 'Shantui') was formally established as Yantai Machinery Factory in and was re-constructed with Jining Machinery Factory, Jining General Machinery Factory and Jining Power Machinery in as Shandong Bulldozer.

Shovoy

Shovoy is a brand for construction machinery and spare parts under Shovoy Industrial (Shanghai) Co., Ltd, which aim at providing reliable machinery and solutions for the construction and mining industry. We offer diversified categories of equipment covering wheel loaders, road rollers, rigid mining trucks, dredging equipment, and so on. Projects we mainly deal with are Surface mining, Road construction, Haulage, and Dredging. From the moment of our foundation, we've been devoted to contributing to the sustainable improvement of our earth.

Sunton

SUNTON Group Co. is specialized in developing and manufacturing construction equipment for dredging, mining, and civil works. It was built in and the production facilities are located in different areas of China, including Anhui, Shandong, Sichuan, Guangzhou, and Hebei.

Sunward

In a quickly changing world, Sunward America's core values remain unchanged. We pride ourselves on a never-ending quest for integrity, quality, and commitment to innovation. Sunward America's people know markets and industries change daily and our ability to adapt has allowed this once-small company to grow and become one of the major manufacturers in the construction equipment industry today. Sunward America is committed to improving equipment downtime, delivery speed, and service satisfaction to improve the abilities of every Sunward America customer.

Takeuchi

Takeuchi provides world-class product support for your equipment after your purchase. Our industry-leading, standard 2-year or 2,000, hour full machine warranty on track loaders, excavators, wheel loaders, and skid steer loaders will provide you with the confidence that your Takeuchi will be reliable to own and operate. Our Parts Department stocks parts for 6 generations of compact equipment, so if you need it, chances are we have it. We also provide technical service training for our dealers and distributors so that the service work being done on your machine will be handled in the most efficient and professional manner possible.

Tata Hitachi

A joint venture between Tata Motors Limited (40%) and Hitachi Construction Machinery Company Limited (60%), Tata Hitachi provides world-class construction equipment to address India's infrastructure and mining needs.

Ultratrex

Ultratrex Machinery Sdn. Bhd. (formerly known as BHELink Sdn. Bhd.) or commercially known as UTX is the leading producer in designing and custom-made high-quality and versatile models of amphibious excavators for all major brands of excavators ranging from 5 to 50 tons. UTX Machinery has been perpetual in the shallow dredging business due to the organization's reliability and capacity to supply high-quality and competitively priced products. 

Volvo CE

We are a leading international manufacturer of premium construction equipment, and with over 14,000 employees we are one of the largest companies in the industry. With a full product range, manufactured, serviced, and supported all over the globe, we've got the right machine and the right solution for all your jobs.

Wacker Neuson

Offering customers across the globe a broad portfolio of construction equipment, spare parts, and related services, Wacker Neuson has been known for reliability and innovation since the company's inception in . Our sales and aftermarket teams, international production locations, and network of dealers keep us close to our customers ' no matter where they are in the world. Wacker Neuson's diverse product line-up enables us to support countless applications across a wide range of industries, including the construction, landscaping, municipal and industrial sectors.

Wolf

Founded in , WOLF is a company with a comprehensive range of competitive, influential products in the engineering machinery industry. Our main products are wheel loaders, excavators, forklifts, etc. We provide a one-stop service with the goal to create more value for you and be the power of your success.

XCMG

Xuzhou Construction Machinery Group Co., Ltd. (XCMG) was founded in . Since then, XCMG has stood at the forefront of the Chinese construction machinery industry and developed into one of the domestic industry's largest, most influential, and most competitive enterprise groups with the most complete product varieties and series.

XGMA

Xiamen XGMA International Trading Co., Ltd. was established in . It is a wholly-owned subsidiary of Xiamen XGMA Machinery Co., Ltd. (Stoke code:), which is one of the member enterprises of Xiamen CCRE Group Co. Ltd. Since the beginning of , taking XGMA products as the basis, we have begun to enter the overseas market, depending on the strength of XGMA in technology research and development, manufacturing, logistics supply, and management.

Yanmar

Our brand statement in particular reaffirms the spirit in which our company was founded more than a century ago. That spirit put forth as our brand statement in , still guides us to more effective responses to the diverse challenges and needs of modern society as we contribute to social development.

Yuchai

Founded in , Guangxi Yuchai Machinery Group Co., Ltd. (Yuchai Group for short) is headquartered in Yulin, Guangxi Zhuang Autonomous Region. It is an investment and financing management company centered on the capital operation and assets management. As a large-scale state-owned enterprise group, Yuchai Group has more than 30 wholly-owned, holding, and joint stock subsidiaries, with total assets of CNY 41.7 billion and approximately 16,000 employees.

Zoomlion

Founded in , Zoomlion Heavy Industry Science & Technology Co., Ltd. is mainly engaged in developing and manufacturing major high-tech equipment in the areas of the engineering and agricultural industries. With more than 20 years of innovation and development, the company is now a global enterprise possessing 11 major categories and 70 product lines, as well as nearly 568 leading products. Zoomlion is the first Chinese construction machinery company to be listed on both Shenzhen and Hong Kong stock exchanges.

About the Author:

John Buttery is a seasoned leader with an expansive career in building dealer networks, establishing strategic OEM contracts, and fostering alliances across sectors like technology, geospatial data, and new venture development. Fluent in English and Spanish, his international accomplishments include scaling businesses, designing pioneering sales programs, and leading software development groups and high-performing sales teams. With a unique blend of technological expertise and strategic sales acumen, John is an exceptional leader in spearheading innovative projects.

Description: Explore the world's top excavator brands, essential for versatile heavy-duty tasks, with a handy guide and website links.

Summary: This article serves as a comprehensive guide to the leading excavator brands globally, recognizing the excavator as a pivotal piece of equipment in construction and other heavy-duty sectors. It highlights the diverse range of brands catering to the international demand for these powerful and versatile machines. Aimed at potential buyers and industry professionals, the list showcases various manufacturers. It provides convenient access to their respective websites, simplifying the research process for those in the market for an excavator.

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