Sales for world’s top 50 construction OEMs revealed
10 June 2024
The amount of money generated by the world’s top 50 construction OEMs in 2023 in International Construction’s Yellow Table has been revealed to be US$243.4 billion, the highest figure ever recorded in the listing.
One of the major contributing factors to this record-figure is the performance of manufacturers based in the US.
OEMs based in the US accounted for over 28.6% of the total revenue of the Yellow Table, up from 26.8% in the last listing.
The total revenue generated by the world’s top 50 OEMs of US$243.4 billion is achieved despite China suffering another challenging year in 2023 (and the percent of money generated by Chinese OEMs falling from 18.2% to 17.2%), which shows the strength of the global market.
Regarding the world’s top ten OEMs, there is some movement – there is a new entry into the top five and one new entry into the top ten compared to last year’s table.
The full Yellow Table of the world’s biggest construction manufacturers will be published in the May-June issue of International Construction magazine. Sign up for free to receive the magazine.
Previous editions of the Yellow Table can be viewed for free in the issue archive.