Wacker Neuson Ranks 23rd in 2024 KHL Group Global Construction Machinery Manufacturers Top 50 List (Yellow Table)
The prestigious 2024 Yellow Table list of the world’s top 50 construction machinery manufacturers has been released by the globally authoritative construction machinery information provider, KHL Group. The highly anticipated ranking shows Wacker Neuson securing the 23rd position, up one place from last year. It remains the only company on the list that is exclusively focused on compact construction machinery. This achievement highlights Wacker Neuson’s dedication and strength in the compact equipment field.
In 2023, the global construction machinery market as a whole was sluggish, facing multiple challenges such as inflation, supply chain tensions, and geopolitical factors. Despite such severe market conditions, Wacker Neuson continued to maintain steady growth, with group revenue reaching €2.6549 billion in the 2023 fiscal year, representing a 17.9% year-on-year increase. This data fully reflects Wacker Neuson’s strong market resilience and risk resistance capabilities.
Wacker Neuson’s rise amid adversity is backed by its long-term focus on its core business and firm commitment to niche markets. Founded in 1848, Wacker Neuson has a history of over 175 years. Since its inception, the company has been dedicated to the research and development, as well as manufacturing, of compact construction machinery, with a product line that includes more than 200 types of products such as rammers, vibratory plates, cutters, compact excavators, rollers, and more. By continuously refining its expertise in the compact equipment field, Wacker Neuson has accumulated deep technical strength and rich experience. Its products are known for their excellent performance and reliable quality, earning widespread recognition from users around the world.
Wacker Neuson has consistently driven its development through innovation, constantly introducing new technologies and products to lead industry trends. For example, Wacker Neuson launched its electric rammer as early as 2015, featuring low noise and superior environmental performance, making it particularly suitable for urban construction. After years of development, Wacker Neuson’s zero-emission battery products have evolved into a complete zero-emission product line, not only meeting the diverse needs of users but also injecting new vitality into the industry. At the same time, the company actively participates in setting industry standards. In collaboration with global construction machinery brands and distributors, Wacker Neuson led the introduction of the Battery One industry battery product standard in 2022, providing users with high-quality, green construction machinery products and services, earning wide recognition within the industry.
Looking forward to the future, as the global construction machinery market faces new challenges, Wacker Neuson will continue to focus on the compact equipment market, driven by innovation and centered on customer needs. The company will continue to launch more competitive products and services, providing efficient and convenient construction solutions for users worldwide.