Sales for world’s top construction OEMs surprisingly strong

Sales for the world’s top 50 construction equipment manufacturers in 2020 were impacted less severely by the Covid-19 pandemic and national lockdowns than had been feared, according to International Construction’s Yellow Table.

The Yellow Table – which ranks the world’s top 50 OEMs by sales – has enjoyed several years of good growth, with last year’s table coming in at a record-high of US$202.7 billion. However, with the market already thought to have reached the peak of its current cycle and the impact of the Covid-19 pandemic and lockdowns, a large fall in 2020 was anticipated.