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 5756.9 million in 2021 and is projected to reach US$ 9052.5 million by 2028, at a CAGR of 6.7% during the forecast period 2022-2028.

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

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

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