How the hierarchy of top construction OEMs continues to change

The chart draws on data from International Construction’s Yellow Table, which tracks the top 50 construction OEMs across the world.

Last year, the animation showed how the 15 biggest OEMs had grown or shrunk in size relative to each other over a 20-year period from 2003 to 2022.

Following the publication of the latest Yellow Table showing the size of the world’s biggest OEMs in 2023, the animation has now been updated.

The addition of 2023’s data shows a picture of relative continuity, with Caterpillar, Komatsu and XCMG all holding onto first, second and third places respectively.

But there was movement further down the table as John Deere rose to fourth place at the expense of Chinese manufacturer Sany, which fell to fifth.

The biggest climber in the top 15 was Doosan Bobcat, which rose from 14th place in 2022 to 11th in 2023. While Chinese firm Zoomlion was the biggest faller, dropping five places to 12th.

The animation should play in the box at the head of this article. Alternatively, you can view it by clicking here.

The Yellow Table

To view the 2023 version of the Yellow Table in full, click here. You can also find an archive of the Yellow Table stretching back to 2006 online in International Construction’s digital editions.

Positions in the Yellow Table for each year are construction equipment sales based on sales in the previous calendar year in US dollars. Currencies have been converted to dollars based on the average exchange rate over the course of each year to try and ensure fairness.

Each year, International Construction gathers data from a variety of sources, including audited accounts, company statements and reputable third-party sources. In Japan, India and certain other countries, the use of the fiscal year (end of 31 March) makes it impossible to establish calendar year information. In these cases, fiscal year results were used.

In some cases, International Construction made an estimate of revenues based on historical data and industry trends. While every effort has been made to ensure information in this chart is accurate, International Construction does not accept any liability for errors or omissions.

If you would like to comment on the Yellow Table or feel your company should be included, please email International Construction editor Andy Brown at: [email protected]