Home / Business and Economy / Deere's Product Lines: Agriculture Dominates
Deere's Product Lines: Agriculture Dominates
25 Apr
Summary
- Agriculture equipment accounts for 58.9% of net sales.
- Construction and forestry equipment contribute 24.4% to revenue.
- The United States is the largest market, representing 52.5% of sales.
Deere & Company, a major manufacturer of agricultural and forestry equipment, derives the majority of its net sales from its agricultural and green space maintenance division. This segment, which includes tractors, harvesters, and mowers, accounted for 58.9% of sales.
The company's construction and forestry equipment segment represents a significant portion of its business, bringing in 24.4% of net sales. This includes items such as loaders, excavators, and specialized forestry machinery.
Financing services contribute an additional 13.8% to net sales, supporting customer purchases and leases. Geographically, the United States is the company's largest market, with 52.5% of sales originating from this region.
