Mining Remanufacturing Component Market Value Projected to Reach US$ 6.4 billion by 2034: Exclusive Research Report by FMI [Yahoo! Finance]
Deere & Company (DE)
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Source: Yahoo! Finance
Anticipated to remain robust in the forthcoming years, the demand for remanufacturing components is expected to soar, driven by the escalating focus of mining enterprises on sustainability, efficiency, and regulatory adherence within the country. NEWARK, Del, March 26, 2024 (GLOBE NEWSWIRE) -- The mining remanufacturing component market is estimated to be worth US$ 4.5 billion in 2024 and is projected to be valued at US$ 6.4 billion by 2034. Between 2024 and 2034, the industry is expected to register a CAGR of 3.7%. The advantages of remanufactured components, such as cost savings, decreased downtime, and environmental sustainability, are being recognized by mining businesses more and more. Remanufactured parts are, therefore, becoming more and more popular as an affordable substitute for buying new machinery, and this is expected to drive market growth during the forecast period. Resource conservation, waste reduction, and carbon footprint mitigation will drive the demand for r
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DE
Earnings
- 2/15/24 - Beat
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Sec Filings
- 4/18/24 - Form 11-K
- 4/18/24 - Form 11-K
- 3/7/24 - Form 4
- DE's page on the SEC website