China’s large-scale machinery and equipment manufacturers are concentrated in four major sectors: construction machinery, machine tools (industrial mother machines), injection molding machines, and heavy equipment.
In the 2026 global construction machinery top 50 list, 13 Chinese companies are included, with sales of US$48.847 billion, accounting for 20.80% of the total sales of the top 50 (Economic Daily report) – Below is a list of leading companies in each sector.
I. Construction Machinery: China’s Strength in the Global Top 50
The KHL Yellow Table 2026 shows: XCMG Group ranks third globally and first domestically (ranked 202nd in the 2026 Fortune China 500, consistently ranking first in the construction machinery industry); Sany Group ranks sixth globally (with revenue of approximately RMB 90 billion in 2025); Zoomlion and LiuGong are among the top 20 globally; five companies from Hunan Province are on the list (Sany, Zoomlion, CRCC Heavy Industry, Sunward Intelligent, and Xingbang Intelligent), accounting for 9.5% of the global market share and 45% of the national market share (Hunan Provincial Department of Industry and Information Technology).
Other large enterprises include: Shantui (Jining, a global leader in bulldozers), Lingong (Linyi), Longgong (Longyan), Zhejiang Dingli (aerial work platforms), Lovol Heavy Industry (Weifang, agricultural machinery + construction machinery), Anhui Heli, Hangcha (two leading forklift manufacturers), and Hengli Hydraulics (a leading hydraulic component manufacturer, with a market capitalization ranking among the top in the machinery sector).
In the 2026 interim report, the construction machinery revenue ranking was as follows: XCMG Machinery ranked first with 61.247 billion yuan, followed by Sany Heavy Industry, Zoomlion, Liugong, and Anhui Heli (the top 30 companies totaled 235.849 billion yuan).
II. Machine Tools (Industrial Mother Machines): Leaders in Niche Markets
Genesis (Shenzhen, ranked first in domestic sales revenue of metal cutting machine tools in 2025, with 4.83 billion yuan in the first three quarters), Haitian Precision Machinery (Ningbo, ranked first in domestic market share of gantry machining centers, with revenue of 3.368 billion yuan in 2025), Shenyang Machine Tool, Dalian Machine Tool (established heavy-duty machine tool companies), Qinchuan Machine Tool (dominant in gear processing machine tools, with revenue of 4.09 billion yuan in 2025), Neway CNC (2.893 billion yuan), Beijing Jingdiao (leading company in precision engraving machines), Kede CNC (high-end five-axis CNC), Qiaofeng Intelligent, Guosheng Zhike, Rifeng Precision Machinery.
The “national team” of machine tools also includes machine tool companies under the China General Technology Group (Shenyang, Dalian, Harbin Measuring & Cutting Machine Tool, etc.).
III. Injection Molding Machines and Plastics Machinery: Global Leaders in China
Haitian International (Ningbo) is one of the world’s largest injection molding machine manufacturers: in 2025, its sales revenue reached RMB 17.733 billion, a year-on-year increase of 10%, of which injection molding machine sales reached RMB 16.897 billion, with more than 56,000 units delivered throughout the year (Haitian Group 2025 Annual Performance Announcement); Yizumi (Shunde) has a domestic CNC injection molding machine market share of 11.37%; Zhenxiong Group (Shenzhen/Hong Kong) has a 9.0% market share; Bocheng Intelligent, Tairui Machinery, etc. are also important forces in the industry.
IV. Heavy Equipment and Energy Equipment
China First Heavy Industries, Sinomach Heavy Equipment (Erzhong): Large castings and forgings and metallurgical/nuclear power equipment; CITIC Heavy Industries: Mining and cement equipment; Taiyuan Heavy Industry Group: Cranes and rail transit equipment; Dalian Heavy Industry: Port machinery and wind power equipment; Weichai Power: Engines and powertrains; Northern Heavy Industries, Shanghai Electric: Energy and heavy industry equipment.
For purchasing large-scale complete sets of equipment (metallurgical, mining, and cement production lines), mainly look to these central state-owned enterprises and local heavy industry groups.
V. Suggestions for Connecting with Overseas Buyers
First, **match your needs**: For complete machine procurement, look to industry leaders (XCMG/Sany/Zoomlion for construction machinery), for production line equipment, look to heavy industry groups, and for spare parts, look to leading component manufacturers (Hengli Hydraulics); Second, **channels**: Large enterprises often have international sales companies/overseas subsidiaries, with international business portals on their official websites. You can also connect through the Canton Fair, bauma CHINA, and industry associations; Third, **procurement process**: Large enterprises use formal bidding/inquiry processes, with a 30% deposit + 70% payment upon inspection or letter of credit. FAT factory acceptance testing is standard; Fourth, **after-sales service**: Leading enterprises have service networks and spare parts warehouses overseas.
When purchasing large equipment, be sure to confirm local service coverage and spare parts availability.
Industry insiders remind: Chinese large machinery enterprises are already the main force in the global supply chain—start with the “list of industry leaders” and follow standard procurement processes to ensure the quality and after-sales service of large equipment.
