A few days ago, the 2020 ranking of the top 50 global construction machinery manufacturers was released in Beijing.
In terms of countries, 11 companies from China, 13 from Japan, 7 from the United States, 4 from Germany, 3 from France, 3 from Sweden, 2 from South Korea, 2 from Finland, 1 from the UK, 1 from Italy, Austria 1 in Canada, 1 in South Africa. According to statistics, the total sales of the top 50 global construction machinery manufacturers in 2020 will reach US$197.251 billion, an increase of 3.27% year-on-year, and the growth rate has slowed down significantly. In addition, the total operating profit of the top 50 global construction machinery manufacturers in 2020 was USD 22.003 billion, a slight decrease year-on-year.
According to the list, there are 11 Chinese companies on the list. Among them, XCMG ranked fourth in the world, Sany ranked fifth, and Zoomlion ranked tenth. In addition, the Chinese construction machinery manufacturers that entered the list also include Liugong, China Railway Construction Heavy Industry, Longgong, Sunward Intelligent, Shantui Co., Ltd., Lovol Construction Machinery Group, Xiagong Machinery, and Northern Co., Ltd. According to statistics, the total sales of the above-mentioned 11 Chinese construction machinery manufacturers reached 36.229 billion US dollars, an increase of 3.22% year-on-year, accounting for 18.37% of the total on the list.