Market Share of Construction Equipment Industry
Some of the major companies that dominated the market studied are Caterpillar Inc., Kobelco Construction Machinery Co., Ltd, CNH Industrial NV, Deere & Company, Komatsu Ltd, JCB India Limited, Volvo Group, Doosan Infracore, and XCMG, which captured a major share of the market.
The construction equipment market is characterized by numerous international and regional players, resulting in a highly competitive market environment. Apart from the top players, small-scale or domestic players account for a significant share of the market.
Construction Equipment Market Leaders
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Caterpillar Inc.
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Kobelco Construction Machinery Co., Ltd
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CNH Industrial NV
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Liebherr-International Deutschland GmbH
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Komatsu Ltd
*Disclaimer: Major Players sorted in no particular order
