Global Undercarriage Components Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

Global Undercarriage Components Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

According to our (Global Info Research) latest study, the global Undercarriage Components market size was valued at US$ 6187 million in 2024 and is forecast to a readjusted size of USD 9766 million by 2031 with a CAGR of 6.8% during review period.

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.

Global Undercarriage Components main providers include Topy Industry, Thyssenkrupp and XCMG etc. The top 10 companies hold a share over 43%. Asia Pacific is the largest market, with a share about 46%. As for the types of products, it can be divided into track chains, track roller or carrier roller, track shoes, sprockets and segments and idlers and tension groups. The most common type is track chains, with a share over 32%. In terms of application, it is widely used in construction, mining, agriculture and forestry and others. The most common application is construction, which accounts for about 60% of all.

This report is a detailed and comprehensive analysis for global Undercarriage Components market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.

Key Features:

Global Undercarriage Components market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031

Global Undercarriage Components market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031

Global Undercarriage Components market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031

Global Undercarriage Components market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2020-2025

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Undercarriage Components

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Undercarriage Components market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Thyssenkrupp, Komatsu, XCMG, Titan International, Caterpillar, Daechang Forging, Topy Industry, Shantui, John Deere, USCO, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Undercarriage Components market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Track Chains
Track Roller or Carrier Roller
Track Shoes
Sprockets and Segments
Idlers and Tension Groups

Market segment by Application
Construction
Mining
Agriculture & Forestry

Major players covered
Thyssenkrupp
Komatsu
XCMG
Titan International
Caterpillar
Daechang Forging
Topy Industry
Shantui
John Deere
USCO
Hitachi Construction Machinery
Verhoeven Group
Taiheiyo Seiki
Hoe Leong
Valuepart

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Undercarriage Components product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Undercarriage Components, with price, sales quantity, revenue, and global market share of Undercarriage Components from 2020 to 2025.

Chapter 3, the Undercarriage Components competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Undercarriage Components breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Undercarriage Components market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Undercarriage Components.

Chapter 14 and 15, to describe Undercarriage Components sales channel, distributors, customers, research findings and conclusion.