The global Undercarriage Components market size is expected to reach $ 11030 million by 2032, rising at a market growth of 6.8% CAGR during the forecast period (2026-2032).
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 studies the global Undercarriage Components production, demand, key manufacturers, and key regions.
This report is a detailed and comprehensive analysis of the world market for Undercarriage Components and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2025 as the base year. This report explores demand trends and competition, as well as details the characteristics of Undercarriage Components that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Undercarriage Components total production and demand, 2021-2032, (K Units)
Global Undercarriage Components total production value, 2021-2032, (USD Million)
Global Undercarriage Components production by region & country, production, value, CAGR, 2021-2032, (USD Million) & (K Units), (based on production site)
Global Undercarriage Components consumption by region & country, CAGR, 2021-2032 & (K Units)
U.S. VS China: Undercarriage Components domestic production, consumption, key domestic manufacturers and share
Global Undercarriage Components production by manufacturer, production, price, value and market share 2021-2026, (USD Million) & (K Units)
Global Undercarriage Components production by Type, production, value, CAGR, 2021-2032, (USD Million) & (K Units)
Global Undercarriage Components production by Application, production, value, CAGR, 2021-2032, (USD Million) & (K Units)
This report profiles key players in the global Undercarriage Components market based on the following parameters - company overview, production, value, 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.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Undercarriage Components market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (K Units) and average price (US$/Unit) by manufacturer, by Type, and by Application. Data is given for the years 2021-2032 by year with 2025 as the base year, 2026 as the estimate year, and 2027-2032 as the forecast year.
Global Undercarriage Components Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global Undercarriage Components Market, Segmentation by Type:
Track Chains
Track Roller or Carrier Roller
Track Shoes
Sprockets and Segments
Idlers and Tension Groups
Global Undercarriage Components Market, Segmentation by Application:
Construction
Mining
Agriculture & Forestry
Companies Profiled:
Thyssenkrupp
Komatsu
XCMG
Titan International
Caterpillar
Daechang Forging
Topy Industry
Shantui
John Deere
USCO
Hitachi Construction Machinery
Verhoeven Group
Taiheiyo Seiki
Hoe Leong
Valuepart
Key Questions Answered:
1. How big is the global Undercarriage Components market?
2. What is the demand of the global Undercarriage Components market?
3. What is the year over year growth of the global Undercarriage Components market?
4. What is the production and production value of the global Undercarriage Components market?
5. Who are the key producers in the global Undercarriage Components market?
6. What are the growth factors driving the market demand?
Summary:
Get latest Market Research Reports on Undercarriage Components. Industry analysis & Market Report on Undercarriage Components is a syndicated market report, published as Global Undercarriage Components Supply, Demand and Key Producers, 2026-2032. It is complete Research Study and Industry Analysis of Undercarriage Components market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.