Construction equipment sales hit record heights

By Andy Brown13 May 2020

ICON 05 2020 Front Cover

The latest Yellow Table, an annual ranking of the construction equipment sales figures of the world’s top 50 Original Equipment Manufacturers by International Construction magazine, has revealed that sales for 2019 reached a record high of US$202.7 billion.

This figure is a 10% increase from the last table, when combined equipment sales for the top 50 OEMs in 2018 was US$184 billion. This is the first time that sales in the Yellow Table have exceeded US$200 billion.

Even though this figure for 2019 is a record-high, it is worth highlighting that the percentage rate of growth is slowing. For example, the Yellow Table in 2017 saw growth of 25.5% compared to 2016; the Yellow Table in 2018 saw growth of 13.5%.

With the impact of Covid-19 being felt around the world, sales figures for next year will see a considerable drop.

In the top ten of the Yellow Table there is more movement than usual: there is one new company in the top ten, two companies increase their rankings in the top ten and two drop down positions. There was one new entry onto the list, at number 50.

The top ten companies make up approximately 63% of the sales figures in the table, an increase from last year’s table. This indicates that the gap in sales between the bigger OEMs and their rivals is increasing.

The full Yellow Table with the ranking of the top 50 OEMs and two pages of analysis will be published in the May issue of International Construction magazine which is out soon.

To subscribe to the magazine for free click here.

Latest News
United Q2 revenues on par with pre-pandemic levels
United Rentals increases full-year guidance after announcing Q2 equipment rental revenues of $1.951 billion, up 18.8% year-over-year
Bauer India starts on Teesta VI Hydro Electic project
Foundation and geotechnical works to help generate 500MW of electricity harvested from the natural flow of the Teesta River in India
Meester named president of Genie
Industry veteran’s career includes stints at Eaton, Caterpillar and Sandvik