Undercarriage Components Market

Undercarriage is a section in a vehicle that lies beneath the main body of the vehicle. For different automobiles, undercarriages differ along with their parts called as undercarriage components. Various undercarriage components such as track rollers, track chains, idlers and sprocket, track shoes and bushings are used across industries including mining, construction and agriculture & forestry. They are used in undercarriages of earth moving equipment such as crawler excavators, dozers, mini excavators, compact track loaders and crawler cranes.
Undercarriage Components Market contains market size and forecasts of Undercarriage Components in global, including the following market information:
Global Undercarriage Components Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Undercarriage Components Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Undercarriage Components companies in 2021 (%)
The global Undercarriage Components market was valued at 6129.5 million in 2021 and is projected to reach US$ 6639.5 million by 2028, at a CAGR of 1.1% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Track Chains Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Undercarriage Components include Thyssenkrupp, Komatsu, XCMG, Titan International, Caterpillar, Daechang Forging, Topy Industry, Shantui and John Deere, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Undercarriage Components manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Undercarriage Components Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Undercarriage Components Market Segment Percentages, by Type, 2021 (%)
Track Chains
Track Roller or Carrier Roller
Track Shoes
Sprockets and Segments
Idlers and Tension Groups
Global Undercarriage Components Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Undercarriage Components Market Segment Percentages, by Application, 2021 (%)
Construction
Mining
Agriculture & Forestry
Others
Global Undercarriage Components Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Undercarriage Components Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Undercarriage Components revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Undercarriage Components revenues share in global market, 2021 (%)
Key companies Undercarriage Components sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Undercarriage Components sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Thyssenkrupp
Komatsu
XCMG
Titan International
Caterpillar
Daechang Forging
Topy Industry
Shantui
John Deere
USCO
Hitachi Construction Machinery
Verhoeven Group
Taiheiyo Seiki
Hoe Leong
Valuepart