Factsheet 2020: Top 10 Largest Machinery Manufacturers in the World
Factsheet 2020: Top 10 Largest Machinery Manufacturers in the World
1. Plannco Steel Product
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2. Deere & Co. – 2019 revenue: $39.3 billion
Deere & Co, operating with the brand name John Deere, is an American industrial machinery manufacturing company headquartered in Moline, Illinois, United States. It mainly manufactures agricultural, construction, and forestry machinery, diesel engines, drivetrains (axles, transmissions, gearboxes) used in heavy equipment, and lawn care equipment. It is one of the Global Fortune 500 companies in 2019 and selling its industrial machines to all parts of the world.
3. CNH Industrial NV – 2019 revenue: $28.1 billion
CNH Industrial, registered in the Netherlands with corporate offices in London, is a global leader in the capital goods sector that, through its various businesses, designs, produces and sells agricultural and construction equipment, trucks, commercial vehicles, buses and specialty vehicles, in addition to a broad portfolio of powertrain applications. Present in all major markets worldwide, CNH Industrial is focused on expanding its presence in high-growth markets, including through joint ventures. It has over 63,000 employees in 66 manufacturing plants and 53 research and development centers across 180 countries.
4. ABB Group – 2019 revenue: $28 billion
ABB is a Swiss multinational corporation headquartered in Zurich, Switzerland. It is one of the world’s leaders in industrial equipment, electrification products, robotics and motion, industrial automation and power grids. The Company operates through four divisions: Electrification Products, Robotics and Motion, Industrial Automation and Power Grids, and serving customers in utilities, industry and transport & infrastructure globally. ABB has been a global Fortune 500 company for 25 years. ABB consistently tops these lists of machinery manufacturing companies due to their stellar performance on an annual basis.
5. Linde AG – 2019 revenue: $28 billion
Linde Group, registered as Linde AG, is a German multinational chemical company headquartered in Munich, Germany. It is the world’s largest industrial gas company by market share as well as revenue. Today, the Linde Group is a world-leading supplier of industrial, process and specialty gases and is one of the most profitable engineering companies. Linde products and services can be found in nearly every industry, in more than 100 countries.
6. Daikin Industries Ltd. – 2019 revenue: $23.5 billion
Daikin Industries, Ltd. is a Japanese multinational industrial air conditioning manufacturing company headquartered in Osaka. Its core businesses include air conditioning, chemicals, air filtration, defense systems, and electronic equipment. Today, Daikin has over 90 production bases around the world and selling products to over 150 countries including Japan, China, Australia, India, Philippines, Southeast Asia, Europe, North America, and South America.
7. Komatsu Ltd. – 2019 revenue: $22.5 billion
Komatsu Ltd — one of the largest machinery manufacturers in the world — is a Japanese multinational corporation headquartered in Tokyo, Japan. The company manufactures construction, mining, and military equipment, as well as industrial equipment like press machines, lasers, and thermoelectric generators. It is the world’s second largest manufacturer of construction equipment and mining equipment after Caterpillar.
8. Ferguson PLC –2019 revenue: $21.8 billion
Ferguson plc is a multinational building material distribution company headquartered in Reading, United Kingdom. It is the world’s largest heating and plumbing distributor to the professional market in the USA, UK, Canada and Central Europe. Today, it has approximately 47,000 employees operating across 25 countries. One of the leading machinery manufacturers in the world — Ferguson PLC is expected to continue dominating past 2018.
9. Kubota Corp. – 2019 revenue: $18.9 billion
Kubota Corporation is one of the world’s leading tractor and heavy machinery manufacturers based in Osaka, Japan. The company also produces many other machinery and equipment products including agricultural equipment, engines, construction equipment, vending machines, pipe, valves, cast metal, pumps and equipment for water purification, sewage treatment and air conditioning. Today, Kubota has over 39,000 employees operating in over 110 countries.
10. Ingersoll-Rand PLC – 2019 revenue: $16.6 billion
Ingersoll-Rand plc is an Irish global diversified industrial manufacturing company based in Dublin, Ireland. As one of the largest machinery manufacturers in the world, its four main division include Industrial technologies, Security technologies, Climate solutions, and Residential Solutions. Ingersoll-Rand manufactures and sells industrial and commercial products, such as HVAC equipment, Fluid transfer equipment, air compressors, tools, and material handling devices etc. to over 100 countries in the world.
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