ICm20
2008
Ranking of the worlds largest crane manufacturers
copyright 2008
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ICm20
Up again
There is no dramatic change of position among the leaders in the IC top 20 ranking of the worlds largest crane manufacturers this year compared to 2007. This lack of movement, however, does not reflect stagnation in the sales figures. All the top 10 companies have seen significant growth. IC reports 2008 ICm20
RANK COMPANY LIFTING SALES (US$ MILLION) 2007 2006
opping the table this year is Liebherr with a more than US$500 million sales increase on last year. To give one example, the company owns the biggest market share of all terrain sales, with its factory in Ehingen, Germany producing some 43% of them worldwide. Following in the table close behind Liebherr is Cargotec, with its crane portfolio, including Hiab, Kalmar and MacGregor. It has seen the biggest increase of all the ICm20
1 2 3 4 5 6 7 8
Liebherr Cargotec Manitowoc Crane Group Konecranes Terex Cranes Tadano Kobelco Cranes Co Palnger Columbus McKinnon Zoomlion Link-Belt Kato Works Gottwald Port Technology Hitachi Sumitomo Furukawa Unic Corporation * IHI Construction Machinery Ltd * Fassi Gru Spa Altec * Sennebogen
4,194 4,124 3,246 2,392 2,235
3,616 2,248 2,235 1,542 1,740 1,053 1,226 492 591 590 530 474 434 390 261 347 285 179 225 116
Xuzhou Heavy Machinery (XCMG) 1,580
1,572 769 693 623 614 597 539 372 369 364 309 278 225 208
ABOUT THE NUMBERS
9 10 11 12 13 14 15 16 17 18 19 20
The ICm20 listing of the world's largest crane manufacturers is derived from the value of crane-related sales in the calendar year 2007. In the case of Japanese manufacturers, the fiscal year from 01 April 2007 to 31 March 2008. Information is from a range of sources, including financial reports (from publically traded companies), companies own submissions and data from financial research organisations. While IC strives to ensure that the data presented is as accurate as possible, we cannot guarantee it, so the table should only be used a guide. If you have any relevant financial information or suggestions to help develop the listing please contact the editorial department. * Estimated figures for lifting equipmentrelated sales only.
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INTERNATIONAL
AND SPECIALIZED TRANSPORT NOVEMBER 2008
ICm20
companies, with sales reaching almost $2 billion more than 2007. In third place is Manitowoc. The US-based global manufacturer has also enjoyed a fantastic year with sales reaching $3.246 billion, compared to $2.235 billion the previous year. The company is well known for, among others, its heavy lift crawler cranes, widely used on wind energy projects, especially in the US, among other energy applications. Manitowoc also impressed with the promise of a new 2,200 tonne capacity crawler crane earlier this year, the Model 31000. The initial specifications were revealed during ConExpo, in March. Numbers four and five in the table see a change with Konecranes swapping with
Terex since last years ranking. An example of the companys expansion philosophy came in mid-October with the news that the company had acquired Canadian crane and crane service company Provincial Services Crane Specialists, in Allanburg, Ontario. Terexs progress towards mass-production of mobile and crawler cranes has accelerated its sales figures by more than $800 million this year. Terex, like its competitors, is developing higher capacity cranes to meet the needs of large power generation projects across the globe. An example is the 3,200 tonne capacity CC 8800-1 Twin crawler. XCMG is notable as the highest ranking Chinese company, moving up one place to number 6. Its increased exports, including into western Europe, has caused a stir among
manufacturers in that part of the world.
Into the second half
There are two more loader crane manufactures in the top 20 Palfinger and Fassi. They, along with the tower crane manufacturers, in particular, will be concerned with a sudden drop in construction projects starting around the world. Fassi has already warned of a 25 to 30% drop in European sales during 2009. This may well reflect much of what will happen in the industry, although there seems to be undiminished confidence when it comes to the future of power generation projects. There is also a widely held forecast that large-scale infrastructure developments will continue or soon pick up again.
WEB SITE
MOBILE
CRAWLER
TOWER
LOADER
EOT
DOCKSIDE OFFSHORE INDUSTRIAL
www.liebherr.com www.cargotec.com www.manitowoc.com www.konecranes.com www.terex-cranes.com www.xcmg.com www.tadano.co.jp www.kobelco-cranes.com www.palfinger.com www.cmworks.com www.zoomlion.com www.link-belt.com www.kato-works.co.jp www.gottwald.com www.hands-crane.com www.furukawaunic.co.jp www.ihi.co.jp www.fassigroup.com www.altec.com www.sennebogen.de
INTERNATIONAL
AND SPECIALIZED TRANSPORT NOVEMBER 2008
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TOPLISTS
Business information for the global construction market
TOPLISTS:
iCs Top200 Yellow Table Access 50 Access 20 Scaffold 20 ACTCrane50 ACTTransport50 ALH20/20 D&Ri100 Transport50 IC50 ICm20 IRN 100 CE-100 The Worlds largest construction companies The Worlds largest construction equipment manufacturers The Worlds largest access platform rental companies Largest aerial platform manufacturers by unit sales Largest 20 scaffold contractors in the world Annual ranking of North Americas largest crane-owning companies Ranking of top specialized transport companies in North America The listing of the largest aerial work platform fleets and the top telehandler rental fleets in North America The top demolition contractors in the world Annual ranking of the worlds specialized transport fleets The worlds largest crane operating companies Ranking of the worlds largest crane manufacturers The worlds top equipment rental companies. Europes largest construction companies
SURVEYS:
Access Confidence Survey CE Barometer Rental Rates Survey Rental Confidence Survey Access Internationals annual confidence survey Monthly confidence survey for the European construction industry Annual survey of rates for mobile and crawler cranes around the world IRNs annual confidence survey International Cranes readers vote for the best lift of the year Details of the winning projects amongst SC&RA members
COMPETITIONS:
TopLift SC&RA Job of the Year
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