Top 10 Largest Machinery Manufacturers
The world's major machinery manufacturers dominate the worldwide machinery business, not only by producing billions in revenue, but also by supplying and ... read more...exporting a substantial amount of industrial machinery and machine tools to the global market each year. Thanks to the recovery of global economic conditions, demand for industrial machinery in the worldwide manufacturing sectors — ranging from automotive, construction, electronics, packaging, and pharmaceutical industries — has grown quickly in recent decades. The global industrial machinery market is also booming in this environment. These big industrial machinery manufacturing businesses are projected to remain the market's leading vendors in the near future, owing to their outstanding performances in production, sales, and R&D. Let's have a look at the top ten largest machinery manufacturers in the world without further ado.
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The Linde Group, formally known as Linde AG, is a German global chemical corporation based in Munich. It is the world's largest industrial gas company in terms of revenue and market share. The Linde Group is now a global leader in the supply of industrial, process, and speciality gases, as well as one of the most profitable engineering firms in the world. Linde products and services are used in almost every industry and in over 100 countries.
Founded: 1879
Headquarters: Munich, Germany
Market cap: 176.211B
Website: www.linde.com
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Caterpillar Inc. is a heavy machinery manufacturing firm established in the United States that designs, develops, manufactures, promotes, and sells industrial machinery, engines, financial products, and insurance to customers all over the world. It is one of the Fortune 500 corporations in the world. Caterpillar is the world's top manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives, with sales and revenues of $53.8 billion in 2019.
Founded: 1904
Headquarters: Illinois, U.S.
Market cap: 111.769B
Website: www.caterpillar.com
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Deere & Co., better known by its brand name John Deere, is an American industrial machinery manufacturer headquartered in Moline, Illinois. It primarily produces agricultural, construction, and forestry machinery, as well as diesel engines, heavy equipment drivetrains (axles, transmissions, and gearboxes), and lawn care equipment. In 2019, it is one of the Global Fortune 500 firms, supplying industrial machinery all over the world.
Founded: 1837
Headquarters: Illinois, U.S.
Market cap: 107.522B
Website: www.deere.com -
ABB is a Swiss multinational corporation with its headquarters in Zurich. It is a global leader in industrial equipment, electrification products, robotics and motion, industrial automation, and power grids, among other areas. Electrification Products, Robotics and Motion, Industrial Automation, and Power Grids are the four divisions that serve customers in utilities, industry, and transportation and infrastructure around the world. For the past 25 years, ABB has been a Fortune 500 corporation. Due to their outstanding annual performance, ABB frequently ranks first on various rankings of equipment manufacturing businesses.
Founded: 1988
Headquarters: Zurich, Switzerland
Market cap: 76.491B
Website: global.abb
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Daikin Industries, Ltd., headquartered in Osaka, Japan, is a worldwide industrial air conditioning manufacturer. Air conditioning, chemicals, air filtration, defense systems, and electrical equipment are among the company's key activities. Daikin now has over 90 manufacturing facilities in over 150 countries, including Japan, China, Australia, India, the Philippines, Southeast Asia, Europe, North America, and South America.
Founded: 1924
Headquarters: Osaka, Japan
Market cap: 67.308B
Website: www.daikin.com
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Ferguson plc, based in Reading, United Kingdom, is an international building materials distribution firm. It is the world's largest distributor of heating and plumbing products to the professional market in the United States, the United Kingdom, Canada, and Central Europe. It currently employs roughly 47,000 people in 25 countries. Ferguson PLC, one of the world's major machinery makers, is likely to maintain its dominance beyond 2018.
Founded: 1887
Headquarters: Reading, UK
Market cap: 39.881B
Website: www.fergusonplc.com -
Kubota Corporation, situated in Osaka, Japan, is one of the world's largest tractor and heavy machinery manufacturers. Agricultural equipment, engines, construction equipment, vending machines, pipe, valves, cast metal, pumps, and equipment for water purification, sewage treatment, and air conditioning are among the company's other machinery and equipment goods. Kubota now employs over 39,000 people in more than 110 countries.
Founded: 1890
Headquarters: Osaka, Japan
Market cap: 27.132B
Website: www.kubota.com -
CNH Industrial, based in the Netherlands with headquarters in London, is a global capital goods leader that designs, manufactures, and sells agricultural and construction equipment, trucks, commercial vehicles, buses, and specialty vehicles, as well as a broad range of powertrain applications, through its various businesses. CNH Industrial, which is present in all major markets throughout the world, is concentrating on growing its footprint in high-growth markets, especially through joint ventures. It employs about 63,000 people in 180 countries, with 66 production sites and 53 research and development centers.
Founded: 1999
Headquarters: London, UK
Market cap: 26.165B
Website: www.cnhindustrial.com
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Ingersoll-Rand plc, based in Dublin, Ireland, is a global diversified industrial manufacturing corporation. Industrial technologies, Security technologies, Climate solutions, and Residential Solutions are the company's four primary divisions as one of the world's largest machinery manufacturers. Ingersoll-Rand manufactures and sells industrial and commercial items to over 100 nations throughout the world, including HVAC equipment, fluid transfer equipment, air compressors, tools, and material handling devices.
Founded: 1871
Headquarters: Dublin, Ireland
Market cap: 25.013B
Website: www.ingersollrand.com -
Komatsu Ltd. is a Japanese multinational firm located in Tokyo, Japan. It is one of the world's major machinery manufacturers. Construction, mining, and military equipment, as well as industrial equipment such as press machines, lasers, and thermoelectric generators, are all manufactured by the corporation. After Caterpillar, it is the world's second largest maker of construction and mining equipment.
Founded: 1921
Headquarters: Tokyo, Japan
Market cap: 22.303B
Website: www.komatsu.com