Market Share of Construction Machinery Attachment Industry
The Construction Machinery Attachments market is fragmented, with many players accounting for significant amounts of shares in the market. Some of the prominent companies in the Construction Machinery Attachments market are Caterpillar Inc, Case Constructions, Komatsu, Hyundai Construction Equipment, Sany Group and others. Companies are investing heavily in research and development for the innovation of new and advanced products and technologies that may help for new technology.
OEM in the market is integrating digital solutions to witness elevated sales bars. Companies believe automation technology will push the productivity of the machinery. For instance,
- In April 2022, Caterpillar Inc. revamped its product line including skid steers, mini excavators, and other compact construction equipment and respective attachments for their digital makeover. The company announced its plans to offer better and advanced computerized attachments and automated control refinements in its product line.
Construction Machinery Attachment Market Leaders
Caterpillar Inc.
Case Construction Equipments
JCB
Hyundai Construction Equipment
John deere
*Disclaimer: Major Players sorted in no particular order