With total sales revenue of some 67 billion U.S. dollars, U.S.-based Caterpillar Inc. was ranked the second heavy equipment manufacturer worldwide in 2024, behind Japan's Hitachi. Deere & Company ranked third with a sales revenue of over 58 billion U.S. dollars.
The leading heavy equipment manufacturers worldwide as of May 2024, based on sales
(in billion U.S. dollars)
Each company making the list has to be public. The source uses the latest-12-months’ financial data available to them. In order to be included, companies need to exceed the following cutoff values: sales revenue of 5.8 billion U.S. dollars, market value of 7.4 billion U.S. dollars, profits of 375 million U.S. dollars, and assets of 13.8 billion U.S. dollars.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Forbes. (June 20, 2024). The leading heavy equipment manufacturers worldwide as of May 2024, based on sales (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/257347/leading-machinery-manufacturers-worldwide/
Forbes. "The leading heavy equipment manufacturers worldwide as of May 2024, based on sales (in billion U.S. dollars)." Chart. June 20, 2024. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/257347/leading-machinery-manufacturers-worldwide/
Forbes. (2024). The leading heavy equipment manufacturers worldwide as of May 2024, based on sales (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/257347/leading-machinery-manufacturers-worldwide/
Forbes. "The Leading Heavy Equipment Manufacturers Worldwide as of May 2024, Based on Sales (in Billion U.S. Dollars)." Statista, Statista Inc., 20 Jun 2024, https://www.statista.com/statistics/257347/leading-machinery-manufacturers-worldwide/
Forbes, The leading heavy equipment manufacturers worldwide as of May 2024, based on sales (in billion U.S. dollars) Statista, https://www.statista.com/statistics/257347/leading-machinery-manufacturers-worldwide/ (last visited December 22, 2024)
The leading heavy equipment manufacturers worldwide as of May 2024, based on sales (in billion U.S. dollars) [Graph], Forbes, June 20, 2024. [Online]. Available: https://www.statista.com/statistics/257347/leading-machinery-manufacturers-worldwide/
