Australia Construction Machinery Market Share

Market Share of Australia Construction Machinery Industry

The Australian construction equipment market is moderately consolidated, dominated by major companies, such as Komatsu Ltd, Caterpillar Inc., John Deere & Co., XCMG Group, and Hitachi Construction Machinery Co. Ltd. The major players in the market are focusing on improving their product portfolios to widen their customer base. Some other key players aim to expand their presence in the market through acquisitions, mergers, and collaborations with other companies. For instance, in September 2023, Shandong Lingong Construction Machinery Co. Ltd, a China-based construction equipment manufacturer, announced a new H-Series wheel loader range to the Australian market.

In June 2022, ARX Construction and Mining Equipment chose EXCON 2022 to debut motor graders G3200 and G1000, as well as the Blast Hole Drill Rig D3300. Indonesia, Chile, South Africa, and Australia will be among the countries to which the company will export.

In September 2022, at this year's Bauma, Doosan unveiled its new 44-articulated dump truck (ADT). The DA45-7 ADT 44 is designed to compete with rigid dump trucks (RDTs) in the 40-tonne class.

Australia Construction Machinery Market Leaders

1. Hitachi Construction Machinery Co Ltd

2. XCMG Group

3. Komatsu Ltd

4. Caterpillar Inc.

5. John Deere & Co.

*Disclaimer: Major Players sorted in no particular order