Top 5 Heavy Equipment Companies 2016
What construction companies will rise, which ones will fall ahead of the KHL International Construction’s annual Yellow Table ranking? Each spring the world’s top 50 construction equipment manufacturers are released, providing insight into the industry and global economy.
Here are the top five ahead of this year’s list.
CaterpillarCaterpillar has spent 14 years now at the top of the Yellow Table, although they did have a drop in construction equipment revenues from $28.3 billion in 2014 to $24.1 billion in 2015. Caterpillar Inc. is a publicly traded company on the New York Stock Exchange with a market cap of more than $59 billion (as of May 2017).
KomatsuKomatsu holds on to the second position again. The Japanese company experienced a drop of $2.8 billion in construction equipment sales in 2015, down to $14 billion.
TerexTerex moved up from number five in 2014 to number three last spring. As with most construction companies, sales dropped. Terex’s 2015 sales came in at $6.54 billion.
HitachiHitachi dropped one spot back to four. The Japanese company had $6.50 billion in construction equipment sales in 2015.
Liebherr (Germany) – 2015 rank: #6Liebherr broke back into the top five after dropping to number six in 2014. The company had $6.2 billion in construction equipment sales.
Need Heavy Equipment Parts?
Call a Specialist Today