Top Companies in China Construction Equipment Market
This report lists the top China Construction Equipment companies based on the 2023 & 2024 market share reports. Mordor Intelligence expert advisors conducted extensive research and identified these brands to be the leaders in the China Construction Equipment industry.
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Sany heavy industry Co. Ltd.
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Xuzhou Construction Machinery Group Co., Ltd.
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Zoomlion Heavy Industry Science and Technology Co., Ltd.
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LiuGong, officially Guangxi LiuGong Machinery Co., Ltd.
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Shantui Construction Machinery Co., Ltd.
*Disclaimer: Top companies sorted in no particular order
China Construction EquipmentMarket Concentration
China Construction EquipmentCompany List
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Kobelco Construction Machinery
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Xuzhou Construction Machinery Group Co. Ltd (XCMG)
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Sany Group
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Zoomlion Heavy Industry Science and Technology Co. Ltd
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Caterpillar Inc.
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Volvo CE
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China Communications Construction Company
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Liebherr Group
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Tadano Ltd
Specific to China Construction Equipment Market
Competitive Landscape Report Includes
Company Profiles (includes Global Level Overview, Market Level Overview, Core Business Segments, Financials, Headcount, Key Information, Market Rank, Market Share, Products and Services, and Analysis of Recent Developments). Key Strategic Moves, Market Share Analysis, Company Landscape, and List of Companies.
China Construction Equipment Market Companies Summary
The construction equipment market in China has been significantly impacted by the COVID-19 pandemic, leading to a decline in the industry. However, manufacturers in this sector are implementing contingency plans to mitigate future business uncertainties and retain continuity with clients in critical sectors of the construction equipment industry. The market is expected to recover from the losses incurred during the pandemic and grow at a steady pace, due to the easing of restrictions and a rise in construction across the country. Key players in the market have been expanding their manufacturing capacities and launching new products to cater to the increased demand for construction equipment. The rise of renting and leasing construction machinery is also noteworthy, as it provides a cost-effective solution for businesses, particularly for short-term construction applications. In addition, the development of automation in construction and manufacturing processes, as well as the introduction of electric construction equipment, is expected to significantly impact market growth.
Explore MoreChina Construction Equipment Companies - Table of Contents
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1. COMPETITIVE LANDSCAPE
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1.1 Vendor Market Share
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1.2 Company Profiles
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1.2.1 Kobelco Construction Machinery
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1.2.2 Xuzhou Construction Machinery Group Co. Ltd (XCMG)
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1.2.3 Sany Group
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1.2.4 Zoomlion Heavy Industry Science and Technology Co. Ltd
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1.2.5 Caterpillar Inc.
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1.2.6 Volvo CE
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1.2.7 China Communications Construction Company
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1.2.8 Liebherr Group
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1.2.9 Tadano Ltd
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- *List Not Exhaustive
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China Construction Equipment Companies FAQs
Who are the key players in China Construction Equipment Market?
Sany heavy industry Co. Ltd. , Xuzhou Construction Machinery Group Co., Ltd., Zoomlion Heavy Industry Science and Technology Co., Ltd., LiuGong, officially Guangxi LiuGong Machinery Co., Ltd. and Shantui Construction Machinery Co., Ltd. are the major companies operating in the China Construction Equipment Market.