Caterpillar and Komatsu retained their no.1 and no.2 positions, in the 2015 edition of the Yellow Table, International Construction’s ranking of the world’s 50 largest construction equipment manufacturers.
Elsewhere in the Top 10, Volvo and Hitachi swapped places compared to last year, although there is very little in it - just US$ 5 million in revenues separated the two companies. Terex and Liebherr also traded places, but again the gap was small.
More significant was XCMG’s move into the Top 10, which establishes it as China’s largest construction equipment manufacturer ahead of Sany and Zoomlion. The company’s three-place rise reflects the increase in revenues following its acquisition of Germany’s Schwing.
The world’s 50 largest construction equipment manufacturers saw their revenues fall -2.6% last year to US$ 159 billion, a less severe decline than the -12.2% drop in revenues seen in last year’s Yellow Table, which was based on 2013 revenues.
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