Based on mining equipment related sales and revenues of the previous fiscal year, the total revenue of global 50 largest mining machinery manufacturers reached USD 76,655 million in 2024, down 4.0% compared with previous year. The enlisted 50 manufacturers come from 15 different countries, among which 11 companies from the US, 4 from Japan, 13 from China, 3 from Sweden, 2 from Finland, 7 from Germany, 2 from the UK, and 1 each from Austria, Australia, Belarus, Belgium, Canada, Denmark, Poland, and South Africa.

Caterpillar and Komatsu top the ranking, as Sandvik, Epiroc, Metso, Hitachi Construction Machinery follow among the top 10. The top 10 contributed 72.0% share of the top 50 total revenue. Liebherr, XCMG, SANYI, LGMG and TONLY are listed among the top 20.

T50 Summit Asian Forum is organized by the organizing committee of T50 Summit of World Construction and Mining Machinery Industry (T50 Summit in short). With a historic success of 15 years, T50 Summit, started in Beijing in 2011 and in Shanghai since 2016 as bauma China strategic partner , has become one of most influential events for global construction and mining industry. The rankings including World Top 50 Construction Machinery Manufacturers and World Top 50 Mining Machinery Manufacturers, as well as the listing of equipment rental and heavy lift companies have been released at T50 Summit events each year. Awards are presented to the best construction and mining machinery products and brands in the world.

T50 Summit will continue its journey in Indonesia, as T50 Summit Indonesia Forum to open in Jakarta, Indonesia on September 8, 2026. The ranking of 2026 World Top 50 Mining Machinery Manufacturers will be announced in Indonesia.

For this year, T50 Summit will name Asia Managers of the Year 2026 award, which is now open for nominees, Indonesia Top 10 Product of the Year 2026 award is now open for entries.

For more information, please refer to the following websites
https://t50summit.com/indonesia-forum-2026/

For further information, please do not hesitate to contact

Jack Zhang

Mobile +86 18601232012(WhatApp, Wechat)

Email / jack.zhang@t50summit.com

Wuji Ye

Mobile +86 13581979927

Email / wuji.ye@t50summit.com