Action Construction Equipment Targets Thrice The Growth In Five Years, Says Sorab Agarwal | Know Your Company

Action Construction Equipment, founded in 1995, is the world's largest Pick & Carry cranes manufacturer, dominating the crane segment with a 63% market share. ACE's revenue streams are diversified across cranes (72%), construction equipment (13%), material handling (7%), and agricultural equipment (8%). The company's strengths are offset by weaknesses in slower-growing segments like agri and machine handling, as well as a slowdown in government ordering. ACE sees opportunities in new segments and export markets, but faces intense competition and relatively high valuations.