The global Undercarriage Parts market size is predicted to grow from US$ 4264 million in 2025 to US$ 6719 million in 2032; it is expected to grow at a CAGR of 6.7% from 2026 to 2032.

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 equipments 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.

Infinity Market Research newest research report, the Undercarriage Parts Industry Forecast looks at past sales and reviews total world Undercarriage Parts sales in 2025, providing a comprehensive analysis by region and market sector of projected Undercarriage Parts sales for 2026 through 2032. With Undercarriage Parts sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Undercarriage Parts industry.

This Insight Report provides a comprehensive analysis of the global Undercarriage Parts landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Undercarriage Parts portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms unique position in an accelerating global Undercarriage Parts market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Undercarriage Parts and breaks down the forecast by Functional Role, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Undercarriage Parts.

This report presents a comprehensive overview, market shares, and growth opportunities of Undercarriage Parts market by product type, application, key manufacturers and key regions and countries.

Segmentation 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)

Segmentation by Material Type:

Steel Alloy Parts

Rubber Composite Parts

Aluminum Alloy Parts

Carbon Fiber Reinforced Parts

Segmentation by Equipment Type:

Tracked Construction Machinery Parts

Wheeled Commercial Vehicle Parts

Military Vehicle Parts

Agricultural Machinery Parts

Segmentation by Application:

    Construction & Engineering
    Mining & Resource Development
    Automotive & Commercial Vehicle
    Agricultural & Forestry
    Others

This report also splits the market by region:

    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the companys coverage, product portfolio, its market penetration.

    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

Key Questions Addressed in this Report

What is the 10-year outlook for the global Undercarriage Parts market?
What factors are driving Undercarriage Parts market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Undercarriage Parts market opportunities vary by end market size?
How does Undercarriage Parts break out by Functional Role, by Application?