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What is JCB vs Caterpillar: Market Insights 2023 about?

Caterpillar is the largest player in the heavy equipment industry, serving sectors like mining, construction, and infrastructure. It generates 60% of its revenue from product sales and 40% from shared services like logistics, financial services, and remanufacturing. While China consumes 80% of excavators worldwide, Caterpillar has expanded globally since the 1960s, with key markets in Japan, Indonesia, China, and India. The company manufactures the largest line of diesel engines in the world and has a truck

Author

kunal

Language

EN