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Machinery & Equipment Global Undercarriage Parts Market 2026 by Manufacturers, Regions, Type and Application, Forecast to 2032

  • RnM4673580
    • |
  • 16 February, 2026
    • |
  • Global
    • |
  • 130 Pages
    • |
  • GIR
    • |
  • Machinery & Equipment

According to our (Global Info Research) latest study, the global Undercarriage Parts market size was valued at US$ 4485 million in 2025 and is forecast to a readjusted size of US$ 6912 million by 2032 with a CAGR of 6.3% during review period.
In 2025, global Undercarriage Parts reached approximately 18,274.2 K units, with an average global market price of around 238.5 USD/unit.
Undercarriage Parts refer to the core component assembly that constitutes the locomotion and support system of tracked or wheeled equipment, mainly including tracks, driving wheels, idlers, road wheels, track frames, suspension components (such as torsion bars, hydraulic shock absorbers), bushings, pins, and roller bearings. These parts work together to transmit power, bear the overall weight of the equipment, ensure stable movement on complex terrains, and mitigate the impact of ground unevenness, serving as essential components that directly affect the equipment's reliability, maneuverability, and service life.
Demand for Undercarriage Parts is primarily driven by the large-scale global stock of construction machinery, agricultural equipment, and military vehicles, the high wear rate of undercarriage components in harsh operating environments (such as mines, construction sites, and farmland), and the continuous expansion of infrastructure construction and agricultural mechanization. Business opportunities lie in the R&D and production of high-wear-resistant, corrosion-resistant, and lightweight components (using materials like alloy steel and composite materials), the development of cost-effective aftermarket replacement parts for mainstream equipment models, the layout of intelligent maintenance services (such as predictive maintenance based on component wear monitoring), and the exploration of emerging markets with growing demand for construction and agricultural machinery.
This report is a detailed and comprehensive analysis for global Undercarriage Parts market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Functional Role 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 Parts market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2021-2032
Global Undercarriage Parts market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2021-2032
Global Undercarriage Parts market size and forecasts, by Functional Role and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2021-2032
Global Undercarriage Parts market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2021-2026
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 Parts
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 Parts 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 Caterpillar, Komatsu, Hitachi, Liebherr, John Deere, Volvo, Thyssenkrupp, Case, Kobelco, Topy Industries, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Undercarriage Parts market is split by Functional Role and by Application. For the period 2021-2032, the growth among segments provides accurate calculations and forecasts for consumption value by Functional Role, 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 Functional Role
Power Transmission Parts (Drive Sprockets, Track Chains)
Load-Bearing & Guidance Parts (Road Wheels, Idlers)
Shock Absorption Parts (Suspension Springs, Hydraulic Shock Absorbers)
Fastening & Sealing Parts (Track Bolts, Bushings, Seals)
Market segment by Material Type
Steel Alloy Parts
Rubber Composite Parts
Aluminum Alloy Parts
Carbon Fiber Reinforced Parts
Market segment by Equipment Type
Tracked Construction Machinery Parts
Wheeled Commercial Vehicle Parts
Military Vehicle Parts
Agricultural Machinery Parts
Market segment by Application
Construction & Engineering
Mining & Resource Development
Automotive & Commercial Vehicle
Agricultural & Forestry
Others
Major players covered
Caterpillar
Komatsu
Hitachi
Liebherr
John Deere
Volvo
Thyssenkrupp
Case
Kobelco
Topy Industries
Taiheiyo Seiki
VMT International
Enstruc
USCO
Trident
Titan International
Shantui
XCMG
Daechang Forging
Hoe Leong
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 Parts product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Undercarriage Parts, with price, sales quantity, revenue, and global market share of Undercarriage Parts from 2021 to 2026.
Chapter 3, the Undercarriage Parts competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Undercarriage Parts breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2021 to 2032.
Chapter 5 and 6, to segment the sales by Functional Role and by Application, with sales market share and growth rate by Functional Role, by Application, from 2021 to 2032.
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 2021 to 2026.and Undercarriage Parts market forecast, by regions, by Functional Role, and by Application, with sales and revenue, from 2027 to 2032.
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 Parts.
Chapter 14 and 15, to describe Undercarriage Parts sales channel, distributors, customers, research findings and conclusion.


1 Market Overview

  • 1.1 Product Overview and Scope
  • 1.2 Market Estimation Caveats and Base Year
  • 1.3 Market Analysis by Functional Role
    • 1.3.1 Overview: Global Undercarriage Parts Consumption Value by Functional Role: 2021 Versus 2025 Versus 2032
    • 1.3.2 Power Transmission Parts (Drive Sprockets, Track Chains)
    • 1.3.3 Load-Bearing & Guidance Parts (Road Wheels, Idlers)
    • 1.3.4 Shock Absorption Parts (Suspension Springs, Hydraulic Shock Absorbers)
    • 1.3.5 Fastening & Sealing Parts (Track Bolts, Bushings, Seals)
  • 1.4 Market Analysis by Material Type
    • 1.4.1 Overview: Global Undercarriage Parts Consumption Value by Material Type: 2021 Versus 2025 Versus 2032
    • 1.4.2 Steel Alloy Parts
    • 1.4.3 Rubber Composite Parts
    • 1.4.4 Aluminum Alloy Parts
    • 1.4.5 Carbon Fiber Reinforced Parts
  • 1.5 Market Analysis by Equipment Type
    • 1.5.1 Overview: Global Undercarriage Parts Consumption Value by Equipment Type: 2021 Versus 2025 Versus 2032
    • 1.5.2 Tracked Construction Machinery Parts
    • 1.5.3 Wheeled Commercial Vehicle Parts
    • 1.5.4 Military Vehicle Parts
    • 1.5.5 Agricultural Machinery Parts
  • 1.6 Market Analysis by Application
    • 1.6.1 Overview: Global Undercarriage Parts Consumption Value by Application: 2021 Versus 2025 Versus 2032
    • 1.6.2 Construction & Engineering
    • 1.6.3 Mining & Resource Development
    • 1.6.4 Automotive & Commercial Vehicle
    • 1.6.5 Agricultural & Forestry
    • 1.6.6 Others
  • 1.7 Global Undercarriage Parts Market Size & Forecast
    • 1.7.1 Global Undercarriage Parts Consumption Value (2021 & 2025 & 2032)
    • 1.7.2 Global Undercarriage Parts Sales Quantity (2021-2032)
    • 1.7.3 Global Undercarriage Parts Average Price (2021-2032)

2 Manufacturers Profiles

  • 2.1 Caterpillar
    • 2.1.1 Caterpillar Details
    • 2.1.2 Caterpillar Major Business
    • 2.1.3 Caterpillar Undercarriage Parts Product and Services
    • 2.1.4 Caterpillar Undercarriage Parts Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.1.5 Caterpillar Recent Developments/Updates
  • 2.2 Komatsu
    • 2.2.1 Komatsu Details
    • 2.2.2 Komatsu Major Business
    • 2.2.3 Komatsu Undercarriage Parts Product and Services
    • 2.2.4 Komatsu Undercarriage Parts Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.2.5 Komatsu Recent Developments/Updates
  • 2.3 Hitachi
    • 2.3.1 Hitachi Details
    • 2.3.2 Hitachi Major Business
    • 2.3.3 Hitachi Undercarriage Parts Product and Services
    • 2.3.4 Hitachi Undercarriage Parts Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.3.5 Hitachi Recent Developments/Updates
  • 2.4 Liebherr
    • 2.4.1 Liebherr Details
    • 2.4.2 Liebherr Major Business
    • 2.4.3 Liebherr Undercarriage Parts Product and Services
    • 2.4.4 Liebherr Undercarriage Parts Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.4.5 Liebherr Recent Developments/Updates
  • 2.5 John Deere
    • 2.5.1 John Deere Details
    • 2.5.2 John Deere Major Business
    • 2.5.3 John Deere Undercarriage Parts Product and Services
    • 2.5.4 John Deere Undercarriage Parts Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.5.5 John Deere Recent Developments/Updates
  • 2.6 Volvo
    • 2.6.1 Volvo Details
    • 2.6.2 Volvo Major Business
    • 2.6.3 Volvo Undercarriage Parts Product and Services
    • 2.6.4 Volvo Undercarriage Parts Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.6.5 Volvo Recent Developments/Updates
  • 2.7 Thyssenkrupp
    • 2.7.1 Thyssenkrupp Details
    • 2.7.2 Thyssenkrupp Major Business
    • 2.7.3 Thyssenkrupp Undercarriage Parts Product and Services
    • 2.7.4 Thyssenkrupp Undercarriage Parts Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.7.5 Thyssenkrupp Recent Developments/Updates
  • 2.8 Case
    • 2.8.1 Case Details
    • 2.8.2 Case Major Business
    • 2.8.3 Case Undercarriage Parts Product and Services
    • 2.8.4 Case Undercarriage Parts Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.8.5 Case Recent Developments/Updates
  • 2.9 Kobelco
    • 2.9.1 Kobelco Details
    • 2.9.2 Kobelco Major Business
    • 2.9.3 Kobelco Undercarriage Parts Product and Services
    • 2.9.4 Kobelco Undercarriage Parts Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.9.5 Kobelco Recent Developments/Updates
  • 2.10 Topy Industries
    • 2.10.1 Topy Industries Details
    • 2.10.2 Topy Industries Major Business
    • 2.10.3 Topy Industries Undercarriage Parts Product and Services
    • 2.10.4 Topy Industries Undercarriage Parts Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.10.5 Topy Industries Recent Developments/Updates
  • 2.11 Taiheiyo Seiki
    • 2.11.1 Taiheiyo Seiki Details
    • 2.11.2 Taiheiyo Seiki Major Business
    • 2.11.3 Taiheiyo Seiki Undercarriage Parts Product and Services
    • 2.11.4 Taiheiyo Seiki Undercarriage Parts Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.11.5 Taiheiyo Seiki Recent Developments/Updates
  • 2.12 VMT International
    • 2.12.1 VMT International Details
    • 2.12.2 VMT International Major Business
    • 2.12.3 VMT International Undercarriage Parts Product and Services
    • 2.12.4 VMT International Undercarriage Parts Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.12.5 VMT International Recent Developments/Updates
  • 2.13 Enstruc
    • 2.13.1 Enstruc Details
    • 2.13.2 Enstruc Major Business
    • 2.13.3 Enstruc Undercarriage Parts Product and Services
    • 2.13.4 Enstruc Undercarriage Parts Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.13.5 Enstruc Recent Developments/Updates
  • 2.14 USCO
    • 2.14.1 USCO Details
    • 2.14.2 USCO Major Business
    • 2.14.3 USCO Undercarriage Parts Product and Services
    • 2.14.4 USCO Undercarriage Parts Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.14.5 USCO Recent Developments/Updates
  • 2.15 Trident
    • 2.15.1 Trident Details
    • 2.15.2 Trident Major Business
    • 2.15.3 Trident Undercarriage Parts Product and Services
    • 2.15.4 Trident Undercarriage Parts Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.15.5 Trident Recent Developments/Updates
  • 2.16 Titan International
    • 2.16.1 Titan International Details
    • 2.16.2 Titan International Major Business
    • 2.16.3 Titan International Undercarriage Parts Product and Services
    • 2.16.4 Titan International Undercarriage Parts Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.16.5 Titan International Recent Developments/Updates
  • 2.17 Shantui
    • 2.17.1 Shantui Details
    • 2.17.2 Shantui Major Business
    • 2.17.3 Shantui Undercarriage Parts Product and Services
    • 2.17.4 Shantui Undercarriage Parts Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.17.5 Shantui Recent Developments/Updates
  • 2.18 XCMG
    • 2.18.1 XCMG Details
    • 2.18.2 XCMG Major Business
    • 2.18.3 XCMG Undercarriage Parts Product and Services
    • 2.18.4 XCMG Undercarriage Parts Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.18.5 XCMG Recent Developments/Updates
  • 2.19 Daechang Forging
    • 2.19.1 Daechang Forging Details
    • 2.19.2 Daechang Forging Major Business
    • 2.19.3 Daechang Forging Undercarriage Parts Product and Services
    • 2.19.4 Daechang Forging Undercarriage Parts Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.19.5 Daechang Forging Recent Developments/Updates
  • 2.20 Hoe Leong
    • 2.20.1 Hoe Leong Details
    • 2.20.2 Hoe Leong Major Business
    • 2.20.3 Hoe Leong Undercarriage Parts Product and Services
    • 2.20.4 Hoe Leong Undercarriage Parts Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.20.5 Hoe Leong Recent Developments/Updates

3 Competitive Environment: Undercarriage Parts by Manufacturer

  • 3.1 Global Undercarriage Parts Sales Quantity by Manufacturer (2021-2026)
  • 3.2 Global Undercarriage Parts Revenue by Manufacturer (2021-2026)
  • 3.3 Global Undercarriage Parts Average Price by Manufacturer (2021-2026)
  • 3.4 Market Share Analysis (2025)
    • 3.4.1 Producer Shipments of Undercarriage Parts by Manufacturer Revenue ($MM) and Market Share (%): 2025
    • 3.4.2 Top 3 Undercarriage Parts Manufacturer Market Share in 2025
    • 3.4.3 Top 6 Undercarriage Parts Manufacturer Market Share in 2025
  • 3.5 Undercarriage Parts Market: Overall Company Footprint Analysis
    • 3.5.1 Undercarriage Parts Market: Region Footprint
    • 3.5.2 Undercarriage Parts Market: Company Product Type Footprint
    • 3.5.3 Undercarriage Parts Market: Company Product Application Footprint
  • 3.6 New Market Entrants and Barriers to Market Entry
  • 3.7 Mergers, Acquisition, Agreements, and Collaborations

4 Consumption Analysis by Region

  • 4.1 Global Undercarriage Parts Market Size by Region
    • 4.1.1 Global Undercarriage Parts Sales Quantity by Region (2021-2032)
    • 4.1.2 Global Undercarriage Parts Consumption Value by Region (2021-2032)
    • 4.1.3 Global Undercarriage Parts Average Price by Region (2021-2032)
  • 4.2 North America Undercarriage Parts Consumption Value (2021-2032)
  • 4.3 Europe Undercarriage Parts Consumption Value (2021-2032)
  • 4.4 Asia-Pacific Undercarriage Parts Consumption Value (2021-2032)
  • 4.5 South America Undercarriage Parts Consumption Value (2021-2032)
  • 4.6 Middle East & Africa Undercarriage Parts Consumption Value (2021-2032)

5 Market Segment by Functional Role

  • 5.1 Global Undercarriage Parts Sales Quantity by Functional Role (2021-2032)
  • 5.2 Global Undercarriage Parts Consumption Value by Functional Role (2021-2032)
  • 5.3 Global Undercarriage Parts Average Price by Functional Role (2021-2032)

6 Market Segment by Application

  • 6.1 Global Undercarriage Parts Sales Quantity by Application (2021-2032)
  • 6.2 Global Undercarriage Parts Consumption Value by Application (2021-2032)
  • 6.3 Global Undercarriage Parts Average Price by Application (2021-2032)

7 North America

  • 7.1 North America Undercarriage Parts Sales Quantity by Functional Role (2021-2032)
  • 7.2 North America Undercarriage Parts Sales Quantity by Application (2021-2032)
  • 7.3 North America Undercarriage Parts Market Size by Country
    • 7.3.1 North America Undercarriage Parts Sales Quantity by Country (2021-2032)
    • 7.3.2 North America Undercarriage Parts Consumption Value by Country (2021-2032)
    • 7.3.3 United States Market Size and Forecast (2021-2032)
    • 7.3.4 Canada Market Size and Forecast (2021-2032)
    • 7.3.5 Mexico Market Size and Forecast (2021-2032)

8 Europe

  • 8.1 Europe Undercarriage Parts Sales Quantity by Functional Role (2021-2032)
  • 8.2 Europe Undercarriage Parts Sales Quantity by Application (2021-2032)
  • 8.3 Europe Undercarriage Parts Market Size by Country
    • 8.3.1 Europe Undercarriage Parts Sales Quantity by Country (2021-2032)
    • 8.3.2 Europe Undercarriage Parts Consumption Value by Country (2021-2032)
    • 8.3.3 Germany Market Size and Forecast (2021-2032)
    • 8.3.4 France Market Size and Forecast (2021-2032)
    • 8.3.5 United Kingdom Market Size and Forecast (2021-2032)
    • 8.3.6 Russia Market Size and Forecast (2021-2032)
    • 8.3.7 Italy Market Size and Forecast (2021-2032)

9 Asia-Pacific

  • 9.1 Asia-Pacific Undercarriage Parts Sales Quantity by Functional Role (2021-2032)
  • 9.2 Asia-Pacific Undercarriage Parts Sales Quantity by Application (2021-2032)
  • 9.3 Asia-Pacific Undercarriage Parts Market Size by Region
    • 9.3.1 Asia-Pacific Undercarriage Parts Sales Quantity by Region (2021-2032)
    • 9.3.2 Asia-Pacific Undercarriage Parts Consumption Value by Region (2021-2032)
    • 9.3.3 China Market Size and Forecast (2021-2032)
    • 9.3.4 Japan Market Size and Forecast (2021-2032)
    • 9.3.5 South Korea Market Size and Forecast (2021-2032)
    • 9.3.6 India Market Size and Forecast (2021-2032)
    • 9.3.7 Southeast Asia Market Size and Forecast (2021-2032)
    • 9.3.8 Australia Market Size and Forecast (2021-2032)

10 South America

  • 10.1 South America Undercarriage Parts Sales Quantity by Functional Role (2021-2032)
  • 10.2 South America Undercarriage Parts Sales Quantity by Application (2021-2032)
  • 10.3 South America Undercarriage Parts Market Size by Country
    • 10.3.1 South America Undercarriage Parts Sales Quantity by Country (2021-2032)
    • 10.3.2 South America Undercarriage Parts Consumption Value by Country (2021-2032)
    • 10.3.3 Brazil Market Size and Forecast (2021-2032)
    • 10.3.4 Argentina Market Size and Forecast (2021-2032)

11 Middle East & Africa

  • 11.1 Middle East & Africa Undercarriage Parts Sales Quantity by Functional Role (2021-2032)
  • 11.2 Middle East & Africa Undercarriage Parts Sales Quantity by Application (2021-2032)
  • 11.3 Middle East & Africa Undercarriage Parts Market Size by Country
    • 11.3.1 Middle East & Africa Undercarriage Parts Sales Quantity by Country (2021-2032)
    • 11.3.2 Middle East & Africa Undercarriage Parts Consumption Value by Country (2021-2032)
    • 11.3.3 Turkey Market Size and Forecast (2021-2032)
    • 11.3.4 Egypt Market Size and Forecast (2021-2032)
    • 11.3.5 Saudi Arabia Market Size and Forecast (2021-2032)
    • 11.3.6 South Africa Market Size and Forecast (2021-2032)

12 Market Dynamics

  • 12.1 Undercarriage Parts Market Drivers
  • 12.2 Undercarriage Parts Market Restraints
  • 12.3 Undercarriage Parts Trends Analysis
  • 12.4 Porters Five Forces Analysis
    • 12.4.1 Threat of New Entrants
    • 12.4.2 Bargaining Power of Suppliers
    • 12.4.3 Bargaining Power of Buyers
    • 12.4.4 Threat of Substitutes
    • 12.4.5 Competitive Rivalry

13 Raw Material and Industry Chain

  • 13.1 Raw Material of Undercarriage Parts and Key Manufacturers
  • 13.2 Manufacturing Costs Percentage of Undercarriage Parts
  • 13.3 Undercarriage Parts Production Process
  • 13.4 Industry Value Chain Analysis

14 Shipments by Distribution Channel

  • 14.1 Sales Channel
    • 14.1.1 Direct to End-User
    • 14.1.2 Distributors
  • 14.2 Undercarriage Parts Typical Distributors
  • 14.3 Undercarriage Parts Typical Customers

15 Research Findings and Conclusion

    16 Appendix

    • 16.1 Methodology
    • 16.2 Research Process and Data Source

    Summary:
    Get latest Market Research Reports on Undercarriage Parts. Industry analysis & Market Report on Undercarriage Parts is a syndicated market report, published as Global Undercarriage Parts Market 2026 by Manufacturers, Regions, Type and Application, Forecast to 2032. It is complete Research Study and Industry Analysis of Undercarriage Parts market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.

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