Chinese heavy-equipment giant SANY Heavy Industry has been recognized as the leading construction machinery company in China in the Forbes Global 2000 rankings for 2025—securing an impressive 956th position worldwide.
Founded in 1994, SANY has grown into the third-largest heavy equipment manufacturer globally, trailing only Caterpillar and Komatsu, largely due to its dominance in concrete machinery, excavators, cranes, and road equipment . Its global presence spans over a dozen industrial parks and manufacturing facilities across the Americas, Europe, Asia, and Africa .
The Forbes ranking evaluates firms based on market value, sales, profits, and assets—underlining SANY’s financial robustness and scale. This marks another milestone following its 2021 inclusion in the FT Global 500 and its acquisition of notable companies like Putzmeister and Palfinger.
SANY’s ascent highlights China’s rising mechanical muscle in the global construction market, offering a credible alternative to Western OEMs. With a diversified product range—including hydraulic excavators, off‑highway trucks, and autonomous port cranes—the firm’s leadership in innovation and global reach positions it as the face of China’s heavy‑machinery surge on the world stage.