13 Chinese companies have been shortlisted for the top 50 global construction machinery manufacturers in 2025

The list of the top 50 global construction machinery manufacturers in 2025 has been released.

The total sales revenue of the top 50 global construction machinery manufacturers in 2025 is 222.528 billion US dollars, a year-on-year decrease of 8.02%; Operating profit was 30.301 billion US dollars, a year-on-year decrease of 10.86%; The average operating profit margin was 13.62%, a decrease of 0.43 percentage points from the previous session; The average return on assets was 5.00%, a year-on-year decrease of 1.32 percentage points.

The top 50 companies of this year come from 13 countries, with the highest number of Chinese companies on the list, reaching 13; 11 Japanese companies; 6 American companies; 4 German companies; There are three companies from Sweden, South Korea, and France respectively; Two Finnish companies; One company each from the UK, Italy, Austria, Canada, and South Africa.

Among the 13 Chinese companies included in the list, XCMG Machinery, Sany Heavy Industry, and Zoomlion Heavy Industry Technology ranked among the top ten; Liugong Machinery entered the top 20 and ranked 18th; Shantui Co., Ltd. ranks 30th, up 5 places from the previous session; Lingong Heavy Machinery, Tiejian Heavy Industry, Zhejiang Dingli, Longgong Holdings, and Tongli Heavy Industry rank 32nd, 33rd, 37th, 38th, and 39th respectively; Shanhe Intelligent, Xingbang Intelligent, and Northern Shares ranked 42nd, 44th, and 47th respectively.

In terms of sales revenue by country, American companies have the highest sales revenue, reaching 64.575 billion US dollars; Japanese companies ranked second with $46.557 billion; Chinese enterprises ranked third with sales of 42.577 billion US dollars, accounting for 19.13%, an increase of 1.85 percentage points. Among the top 50 companies in terms of total sales, the proportion of Chinese enterprises has grown the most significantly.

In terms of profitability, among the top 50 global construction machinery manufacturers in 2025, the top three countries in terms of operating profit are consistent with the country's sales ranking, with China still ranking third. Although there is still a certain gap between Chinese companies and European, American, and Japanese companies, the overall operating profit margin level has improved significantly compared to previous years.

One important reason for promoting the growth of Chinese enterprises is the comprehensive and in-depth promotion of internationalization strategy. Especially with the continuous breakthroughs of Chinese construction machinery enterprises in technology research and product innovation in recent years, the high-tech and high-performance product matrix centered on "large-scale and high-end" continues to expand, and the international influence of Chinese products has significantly increased.

In this ranking, the 13 Chinese companies that made it onto the list had an average overseas sales revenue of approximately 41.94%, with the highest proportion exceeding 70% of the total sales revenue, reaching 77.01%. It is the accelerated implementation of "overseas expansion" that to some extent helps Chinese enterprises continuously improve their "business quality". In the process of going global, Chinese enterprises are gradually shifting from "quantity increase" to "quality improvement".

The Global Top 50 Construction Machinery Manufacturers List, jointly released by the Organizing Committee of the Global Top 50 Construction Machinery Summit and China Construction Machinery Magazine, has been continuously released for 26 sessions since its first release in 1999.