Construction Machinery – A Look at the Market

The construction machinery business includes the sale of heavy machines used for construction, infrastructure development, and more. Leading construction machinery manufacturers include Hitachi, Kawasaki, Kobelco, and Volvo. The companies with the largest market capitalization in this sector include Caterpilla, Deere & Co, Kubota and Joy Global.

Typical equipment maufactured by these companies includes wheel loaders, excavators, cranes, fork-lifts and dump trucks.

According to the US Ofice of Machinery, the top markets for U.S.-made machinery products, ranked by potential gain in export sales between 2003-2004 are:

1. CHINA
2. ITALY
3. SPAIN
4. CANADA
5. AUSTRALIA
6. ISRAEL
7. TAIWAN
8. SOUTH KOREA
9. MEXICO
10. MALAYSIA