Information
477 Bundangsuseo-ro, Bundang-gu, Seongnam-si, Gyeonggi-do, South Korea
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Overview
- Summary
- HD Hyundai Construction Equipment Co., Ltd. is a comprehensive construction machinery specialist manufacturing various construction equipment such as excavators, wheel loaders, backhoe loaders, and skid steer loaders. The company aims to develop world-class construction equipment, focusing on product sophistication with ergonomic designs and advanced technologies. It actively pursues smart construction through 'Hyundai Connect,' an ICT-based total solution for equipment operation. The company is also accelerating future eco-friendly energy solutions, including autonomous unmanned forklifts, electric excavators, and hydrogen fuel cell forklifts.HD Hyundai Construction Equipment Co., Ltd. is a comprehensive construction machinery specialist manufacturing various construction equipment such as excavators, wheel loaders, backhoe loaders, and skid steer loaders. The company aims to develop world-class construction equipment, focusing on product sophistication with ergonomic designs and advanced technologies. It actively pursues smart construction through 'Hyundai Connect,' an ICT-based total solution for equipment operation. The company is also accelerating future eco-friendly energy solutions, including autonomous unmanned forklifts, electric excavators, and hydrogen fuel cell forklifts.
- Key Products/Technologies
- Excavators: Offers a full lineup including compact, medium, large, and wheeled excavators. The HX-A series of compact hydraulic excavators (HX35AZ, HX40A, HX48AZ) features an award-winning Red Dot Design. The HX35AZ model includes left/right boom swing, piping for rotating attachments, MCV variable relief valve, dozer floating function, Kubota D1703 engine, and engine auto-idle function. Next-generation HX series excavators incorporate an Electronic Control Hydraulic System (FEH) and over 10 smart technologies like Smart Assist, Smart Safety, and Smart Monitoring.Excavators: Offers a full lineup including compact, medium, large, and wheeled excavators. The HX-A series of compact hydraulic excavators (HX35AZ, HX40A, HX48AZ) features an award-winning Red Dot Design. The HX35AZ model includes left/right boom swing, piping for rotating attachments, MCV variable relief valve, dozer floating function, Kubota D1703 engine, and engine auto-idle function. Next-generation HX series excavators incorporate an Electronic Control Hydraulic System (FEH) and over 10 smart technologies like Smart Assist, Smart Safety, and Smart Monitoring.
- Wheel Loaders: Provides various models such as HL970A and HL985A. The HL970A model features an operating weight of 24.7 tons, a bucket capacity of 4.2m³, complies with STAGE V emission standards, and is equipped with a CUMMINS L9 engine. The HL985A model can be fitted with a large 7m³ bucket and includes a fully open electric engine hood, Cummins X12 engine, heavy-duty ZF axle, axle oil cooler, enhanced boom durability, AVM and IMOD systems, and a rear radar system.Wheel Loaders: Provides various models such as HL970A and HL985A. The HL970A model features an operating weight of 24.7 tons, a bucket capacity of 4.2m³, complies with STAGE V emission standards, and is equipped with a CUMMINS L9 engine. The HL985A model can be fitted with a large 7m³ bucket and includes a fully open electric engine hood, Cummins X12 engine, heavy-duty ZF axle, axle oil cooler, enhanced boom durability, AVM and IMOD systems, and a rear radar system.
- Smart Construction Technologies: Drives smart construction through 'Hyundai Connect,' an ICT-based total solution for equipment operation. Awarded CES 2024 Innovation Awards for its AI-based Machine Assistance 'X-Agent' and Sensor Fusion-based Excavator Collision Mitigation System 'Smart Collision Mitigation with Sensor Fusion'. The unmanned autonomous solution 'Real-X' allows AI to perceive the surrounding environment and perform tasks, demonstrating approximately 120% productivity compared to human operation in field tests.Smart Construction Technologies: Drives smart construction through 'Hyundai Connect,' an ICT-based total solution for equipment operation. Awarded CES 2024 Innovation Awards for its AI-based Machine Assistance 'X-Agent' and Sensor Fusion-based Excavator Collision Mitigation System 'Smart Collision Mitigation with Sensor Fusion'. The unmanned autonomous solution 'Real-X' allows AI to perceive the surrounding environment and perform tasks, demonstrating approximately 120% productivity compared to human operation in field tests.
- Eco-friendly and Future Technologies: Focuses on developing future eco-friendly energy solutions such as electric excavators and hydrogen fuel cell forklifts. Its hydrogen excavator was a finalist for the Bauma 2025 Innovation Award in the climate protection category. The company is prepared to use blended fuels, including bio-diesel. Plans include achieving RE100 at its Ulsan campus through solar power generation and third-party PPA utilization for renewable energy transition.Eco-friendly and Future Technologies: Focuses on developing future eco-friendly energy solutions such as electric excavators and hydrogen fuel cell forklifts. Its hydrogen excavator was a finalist for the Bauma 2025 Innovation Award in the climate protection category. The company is prepared to use blended fuels, including bio-diesel. Plans include achieving RE100 at its Ulsan campus through solar power generation and third-party PPA utilization for renewable energy transition.
- Production and R&D Technologies: Implements a Product Data Management (PDM) system to shorten process cycle times and efficiently manage data. Utilizes 3D CAD design and simulation program development to advance technology towards the future. Collaborates with HD Hyundai Robotics to establish smart factories, applying automated welding solutions and enhancing production line automation.Production and R&D Technologies: Implements a Product Data Management (PDM) system to shorten process cycle times and efficiently manage data. Utilizes 3D CAD design and simulation program development to advance technology towards the future. Collaborates with HD Hyundai Robotics to establish smart factories, applying automated welding solutions and enhancing production line automation.
- Core Advantages
- Leadership in Technological Innovation and Smart Solutions: Provides industrial solutions integrating AI, robotics, and autonomous technologies, contributing to improved safety and efficiency in the industry. The AI-based unmanned autonomous solution 'Real-X' promises high productivity in mining and large-scale infrastructure construction sites.Leadership in Technological Innovation and Smart Solutions: Provides industrial solutions integrating AI, robotics, and autonomous technologies, contributing to improved safety and efficiency in the industry. The AI-based unmanned autonomous solution 'Real-X' promises high productivity in mining and large-scale infrastructure construction sites.
- Strengthened Eco-friendly Construction Equipment and ESG Management: Develops eco-friendly equipment using next-generation power sources like electricity and hydrogen, aiming for RE100 achievement through expanded use of renewable energy in global operations. Received numerous ESG-related awards, including the Presidential Award for Corporate Innovation and the Grand Prize in ESG Management at the Korea Management Awards.Strengthened Eco-friendly Construction Equipment and ESG Management: Develops eco-friendly equipment using next-generation power sources like electricity and hydrogen, aiming for RE100 achievement through expanded use of renewable energy in global operations. Received numerous ESG-related awards, including the Presidential Award for Corporate Innovation and the Grand Prize in ESG Management at the Korea Management Awards.
- Extensive Global Market Network and Localization Strategy: Manufactures and supplies products to global markets through local subsidiaries and dealer networks in 129 countries with over 405 locations. Holds high market shares in emerging markets like India, Brazil, and Africa, intensifying its 'Post-China' strategy.Extensive Global Market Network and Localization Strategy: Manufactures and supplies products to global markets through local subsidiaries and dealer networks in 129 countries with over 405 locations. Holds high market shares in emerging markets like India, Brazil, and Africa, intensifying its 'Post-China' strategy.
- Diverse Product Lineup and Superior Quality: A comprehensive enterprise offering a full range of construction equipment, including excavators, wheel loaders, backhoe loaders, skid steer loaders, and industrial vehicles. Ensures product sophistication and quality competitiveness through ergonomic design, advanced technology application, and international design awards.Diverse Product Lineup and Superior Quality: A comprehensive enterprise offering a full range of construction equipment, including excavators, wheel loaders, backhoe loaders, skid steer loaders, and industrial vehicles. Ensures product sophistication and quality competitiveness through ergonomic design, advanced technology application, and international design awards.
- Strong R&D Capabilities and Talent Development: Operates a Technology Innovation Center in Yongin to enhance research capabilities and competitiveness. Pursues new technology development through industry-academia cooperation, in-house research institutes, and technology exchange with overseas specialized companies. Introduced Korea's first government-recognized corporate qualification system for 'High-Voltage Handling and Safety Management' for electrified construction equipment, contributing to the cultivation of specialized talent.Strong R&D Capabilities and Talent Development: Operates a Technology Innovation Center in Yongin to enhance research capabilities and competitiveness. Pursues new technology development through industry-academia cooperation, in-house research institutes, and technology exchange with overseas specialized companies. Introduced Korea's first government-recognized corporate qualification system for 'High-Voltage Handling and Safety Management' for electrified construction equipment, contributing to the cultivation of specialized talent.
- Synergy from Upcoming Merger for Future Growth: The planned merger with HD Hyundai Infracore (scheduled for 2026) aims to achieve economies of scale and enhance cost competitiveness through integrated production, procurement, and logistics. The dual-brand strategy (HYUNDAI and DEVELON) is intended to expand global market share.Synergy from Upcoming Merger for Future Growth: The planned merger with HD Hyundai Infracore (scheduled for 2026) aims to achieve economies of scale and enhance cost competitiveness through integrated production, procurement, and logistics. The dual-brand strategy (HYUNDAI and DEVELON) is intended to expand global market share.
- Target Industrie
- General Construction and Large-Scale Infrastructure Projects: Utilizes core equipment like excavators and wheel loaders for various construction projects, including roads, buildings, and bridges.General Construction and Large-Scale Infrastructure Projects: Utilizes core equipment like excavators and wheel loaders for various construction projects, including roads, buildings, and bridges.
- Mining and Extraction Industries: Deploys a range of excavators, from 20-ton medium-sized to super-large models, for mining development and resource extraction operations.Mining and Extraction Industries: Deploys a range of excavators, from 20-ton medium-sized to super-large models, for mining development and resource extraction operations.
- Agriculture and Small-Scale Construction Sites: Compact equipment such as mini excavators and skid steer loaders are used in diverse environments like farms and rural homes.Agriculture and Small-Scale Construction Sites: Compact equipment such as mini excavators and skid steer loaders are used in diverse environments like farms and rural homes.
- Logistics and Industrial Sites: Forklifts and other industrial vehicles are used for transportation and loading tasks in factories, warehouses, and ports.Logistics and Industrial Sites: Forklifts and other industrial vehicles are used for transportation and loading tasks in factories, warehouses, and ports.
- Major Markets
- Africa (Ethiopia holds the No. 1 market share for large excavators, strong presence in the market), South AfricaAfrica (Ethiopia holds the No. 1 market share for large excavators, strong presence in the market), South Africa
- India (highest sales in 19 years, maintaining top-tier status for 20-ton medium excavators, Pune plant operating at 109.58% capacity), China (production streamlining and recovery, consolidation of production to Yantai plant after closing Gangsu plant), Southeast Asia (increased demand for medium and super-large excavators due to Indonesia's new capital relocation project and nickel mine development), Middle East (growing demand for large excavators and loaders driven by new urban development projects like Saudi Arabia's NEOM), Vietnam, Thailand, LaosIndia (highest sales in 19 years, maintaining top-tier status for 20-ton medium excavators, Pune plant operating at 109.58% capacity), China (production streamlining and recovery, consolidation of production to Yantai plant after closing Gangsu plant), Southeast Asia (increased demand for medium and super-large excavators due to Indonesia's new capital relocation project and nickel mine development), Middle East (growing demand for large excavators and loaders driven by new urban development projects like Saudi Arabia's NEOM), Vietnam, Thailand, Laos
- Throughout Europe (operating assembly plants in Antwerp, Belgium, and a European integrated new headquarters and large parts center in Tessenderlo-Ham, Belgium), Germany (participation in Bauma, the world's largest construction machinery exhibition), Ukraine (plans for enhanced cooperation in technical training, workforce development, and customized solutions for reconstruction projects), Norway, Russia, TurkeyThroughout Europe (operating assembly plants in Antwerp, Belgium, and a European integrated new headquarters and large parts center in Tessenderlo-Ham, Belgium), Germany (participation in Bauma, the world's largest construction machinery exhibition), Ukraine (plans for enhanced cooperation in technical training, workforce development, and customized solutions for reconstruction projects), Norway, Russia, Turkey
- United States (participation in CONEXPO, launch of 3 models of HX-A series compact hydraulic excavators and 9 new next-generation models)United States (participation in CONEXPO, launch of 3 models of HX-A series compact hydraulic excavators and 9 new next-generation models)
- Australia (target for new market expansion)Australia (target for new market expansion)
- Brazil (achieving 10% combined market share, RE100 achievement), Latin America (increasing strategic importance as an emerging market with high growth potential)Brazil (achieving 10% combined market share, RE100 achievement), Latin America (increasing strategic importance as an emerging market with high growth potential)
- Certifications/Patents
- ISO 37001 (International Standard for Anti-Bribery Management Systems) certification.ISO 37001 (International Standard for Anti-Bribery Management Systems) certification.
- CDP Climate Change Response 'A Grade' acquisition (jointly with HD Hyundai Infracore).CDP Climate Change Response 'A Grade' acquisition (jointly with HD Hyundai Infracore).
- Acquired top A+ rating from Korea ESG Standards Institute and selected as an excellent ESG company.Acquired top A+ rating from Korea ESG Standards Institute and selected as an excellent ESG company.
- Selected as a government-recognized corporate qualification system operator for 'High-Voltage Handling and Safety Management' for electrified construction equipment (first in Korea).Selected as a government-recognized corporate qualification system operator for 'High-Voltage Handling and Safety Management' for electrified construction equipment (first in Korea).
- Awarded the 'Presidential Award' at the Corporate Innovation Awards.Awarded the 'Presidential Award' at the Corporate Innovation Awards.
- Received the 'Grand Prize' in ESG Management at the Korea Management Awards.Received the 'Grand Prize' in ESG Management at the Korea Management Awards.
- Ranked 'No. 1' in the construction machinery sector in Korea's Most Respected Companies (2023).Ranked 'No. 1' in the construction machinery sector in Korea's Most Respected Companies (2023).
- Ranked 'No. 1' in the machinery and industrial equipment sector in Korea's Sustainable Leading Companies (2023).Ranked 'No. 1' in the machinery and industrial equipment sector in Korea's Sustainable Leading Companies (2023).
- Winner of the International 2022 Red Dot Design Award in the product design category (HX-A series compact excavators).Winner of the International 2022 Red Dot Design Award in the product design category (HX-A series compact excavators).
- Recipient of CES 2024 Innovation Awards (AI-based Machine Assistance 'X-Agent', Sensor Fusion-based Excavator Collision Mitigation System 'Smart Collision Mitigation with Sensor Fusion').Recipient of CES 2024 Innovation Awards (AI-based Machine Assistance 'X-Agent', Sensor Fusion-based Excavator Collision Mitigation System 'Smart Collision Mitigation with Sensor Fusion').
- Awarded the 'Grand Prize' at the American LACP Inspire Awards (for the 2023 English Integrated Report).Awarded the 'Grand Prize' at the American LACP Inspire Awards (for the 2023 English Integrated Report).
- Hydrogen excavator selected as a finalist for the Bauma 2025 Innovation Award in the climate protection category.Hydrogen excavator selected as a finalist for the Bauma 2025 Innovation Award in the climate protection category.
- Possesses capabilities in developing new technologies such as automatic excavation control systems, ergonomic technologies, and special specifications.Possesses capabilities in developing new technologies such as automatic excavation control systems, ergonomic technologies, and special specifications.
- Developing automated welding solutions and standardized process automation technologies for smart factory construction.Developing automated welding solutions and standardized process automation technologies for smart factory construction.
Introduction
Location
477 Bundangsuseo-ro, Bundang-gu, Seongnam-si, Gyeonggi-do, South Korea
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