who are caterpillar's competitors?
Caterpillar Faces Competition From Komatsu. Caterpillar is facing opposition from Komatsu Ltd., its largest competitor, due to fluctuating global currencies in Komatsu's favor. March 17, 2015. Caterpillar is facing opposition from Komatsu Ltd., its largest competitor, due to fluctuating global currencies in Komatsu's favor.