Agriculture Equipment Market to Hit Valuation of USD 565.8 Billion by 2032 | Increased Strain on Supply Chain Put Manufactures at Challenged Position Says Astute Analytica [Yahoo! Finance]
Deere & Company (DE)
Last deere & company earnings: 2/21 06:45 am
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Source: Yahoo! Finance
This strains manufacturers and dealerships, causing longer lead times, limited inventory, and pressure on the used equipment market. New Delhi, April 01, 2024 (GLOBE NEWSWIRE) -- The global agriculture equipment market is projected to reach US$ 565.8 billion by 2032, up from US$ 269.3 billion in 2023, at a CAGR of 8.6% during the forecast period 2024-2032. The year 2020 saw global sales of agriculture equipment reach an impressive 2.45 million units, this figure poised to exceed 2.7 million units by 2029. India emerged as a dominant force in 2020, leading the way with 810,000 units sold. Powerhouses in the agriculture equipment market such as John Deere, CNH Industrial, AGCO, Kubota, and CLAAS are highly recognized for their production of tractors, with John Deere holding the title of the world's most esteemed tractor brand. Interestingly, the global tractor market experienced a 3.2% growth surge in 2023 compared to 2022. China and India remain the most significant markets for tra
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DE
Earnings
- 2/15/24 - Beat
DE
Sec Filings
- 4/30/24 - Form 13F-HR
- 4/18/24 - Form 11-K
- 4/18/24 - Form 11-K
- DE's page on the SEC website