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After reading the 2020 global excavator sales ranking, it is a bit of a refresh of cognition

author:21sun construction machinery business network

According to the British construction machinery consulting company Off-Highway Research data (everyone is quoting this data, we don't know how accurate), in 2020, Sany Heavy Industry sold a total of 98,705 excavators, accounting for 15% of the global excavator market, surpassing Caterpillar and other brands to achieve sales first. (Editor: Hi Dapu Ben!) China has achieved the world's first place in a new field! Congratulations! )

After reading the 2020 global excavator sales ranking, it is a bit of a refresh of cognition

Since it is more than Caterpillar, it is easier to understand that Caterpillar ranks second, but I did not expect that the gap was so large - 30% more than Caterpillar's sales!

(Xiaobian believes that such a large gap, if there is no accident, the top position of the global sales list of excavators in the next few years will probably be firmly held by Sany!) )

Let's look at the third place in the list - Hitachi + Tata + Deere.

(What logic is this?) Why can these three brands be combined to calculate? )

Puzzled, the editor deliberately checked the Internet and got the following information:

After 1983, Hitachi Construction Machinery, which began to dominate construction machinery, began to produce excavators for John Deere OEM. So far, the two sides have built a total of three joint venture factories, the main products of which are 13-47 tons of hydraulic excavators. ”

After reading the 2020 global excavator sales ranking, it is a bit of a refresh of cognition

On March 10, 2020, at the CONEXPO/CON-AGG Construction Machinery Exhibition in the United States, John Deere and Hitachi Construction Machinery Excavators shared a booth.

From this point of view, it seems more or less understandable to tie Hitachi and Deere together to count sales.

So, what about Tata? I have to admit that the editor who has been practicing for nearly ten years is still a bit lonely, and he has not heard the news that Tata is related to construction machinery, Hitachi and Tata, so he checks it on the Internet:

"India's Tata Group is India's largest conglomerate, with 31 listed companies with a total market capitalization of more than $93.67 billion, and has been named the 11th most respected company in the world by Forbes."

"Hitachi has a 36% market share in the Indian market (through a joint venture with Tata, 60% of the shares), which is still in its infancy." (Information released in 2015)

"Hitachi Construction Machinery and India's Tata Motors joint venture 'Tata Hitachi' has two price points. One is a high-priced hydraulic excavator that is the same as the model sold in Japan and other places, and the other is an 'Indian version' excavator that controls the price at the level of local enterprise products in India. ”

So, does this explain the combined sales of Hitachi, Tata, and Deere? Xiaobian is also unclear.

Let's move on to the rankings!

In fourth place is Kubota, which is also somewhat unexpected, after all, in China, the largest market, its sales are not remarkable, can only be said to be more popular in overseas markets!

The fifth place is XCMG from China. It is said that the upward momentum of XCMG excavators in the past two years is also enough, and it has steadily occupied the second place in the domestic market.

The sixth place, and another brand consortium - Volvo Construction Equipment + Shandong Lingong, this is relatively easy to understand; similarly, the seventh place of Doosan + Lynx is the same.

Unexpectedly, Komatsu fell to the eighth place, which was indeed unexpected! After all, it is one of the world's largest construction machinery and mining machinery manufacturers, second only to Caterpillar.

After that, LiuGong from China pressed Shengang and ranked ninth. Yanmar ranked eleventh.

After reading the 2020 global excavator sales ranking, it is a bit of a refresh of cognition

Well, the above is the 2020 global excavator sales brand ranking, which is more surprising to you? Let's discuss!

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