Global Top 50 Machinery Industry: Only 2 Chinese companies ranked among the top 10, XCMG 6th and Sany 7th
According to the list published by KHL in the UK, according to the "2019 Global Construction Machinery Manufacturers Ranking", the total revenue of global listed companies reached US$184 billion last year, an increase of 13.5% year-on-year. In the highly competitive global market, it is not easy for these companies to maintain double-digit growth rates. It is worth noting that the two leading machinery manufacturers in my country, Xugong Group rose from 8th to 6th in 2017, and Sany Heavy Industry rose from 11th to 7th.
There are nine domestic companies on the KHL list. These listed domestic companies have shown relatively good sales performance. In recent years, the domestic market has shown a trend of vigorous development, which has largely promoted the rapid development of local enterprises.
Sany Heavy Industry Group, which is at the helm of Liang Wengen, ranks 7th among global construction machinery manufacturers after XCMG in the list released by KHL. As a typical representative in the field of domestic mechanical engineering manufacturing, Sany Heavy Industry has overcome obstacles on the road of technological innovation. By vigorously promoting intelligent manufacturing, Sany Heavy Industry has seized the opportunity in the hottest Internet of Things and intelligent manufacturing fields. The innovation and reform of the industry have allowed the financial, Internet of Things, wind power and other industries that are far apart to be better integrated in Sany Heavy Industry.
So, which company has won the crown of this list released by KHL? It is the American Caterpillar (Caterpillar). So far, Caterpillar has experienced more than 90 years. Years of technology accumulation has given the world's heavy industry giants a wide range of influence in the world. This has also won good performance for Caterpillar. The list data shows that in the past year, Caterpillar achieved a turnover of 23.23 billion U.S. dollars (about 150 billion yuan), with a market share of 12.6%.
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