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Deere & Co (DE)

429.86
-17.59 (-3.93%)
NYSE · Last Trade: Apr 5th, 2:23 AM EDT
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Competitors to Deere & Co (DE)

AG Leader Technology

AG Leader Technology primarily competes with Deere & Co in the precision agriculture sector. They offer advanced agricultural technology solutions, including GPS guidance systems and data management software that enhance farm efficiency. While Deere & Co has an extensive range of machinery to complement its technology, AG Leader focuses solely on innovative ag-tech solutions, often providing more specialized and targeted products. This makes AG Leader a prominent player in the technology space, though it does not compete directly on equipment size and scale. While Deere maintains a competitive edge through its extensive product range, AG Leader's niche expertise in technology gives it an advantage in that particular sector.

AGCO Corporation AGCO -3.40%

AGCO competes with Deere & Co by specializing in agricultural equipment such as tractors, combines, and other farming machinery. AGCO aims to differentiate itself through its broad product line and dedicated rural solutions to meet diverse farming needs. In addition, AGCO focuses on innovative product features and strong customer relationships, often providing tailored solutions that appeal to different regions and farming practices. While Deere has a larger market share and brand recognition, AGCO's flexible approach allows it to effectively compete in niche markets, although it still trails behind in scale and resources.

CNH Industrial N.V.

CNH Industrial competes with Deere & Co primarily in the agricultural and construction equipment sectors. Both companies offer a range of products for farmers and construction companies, including tractors, harvesters, and other machinery. While Deere & Co is known for its advanced technology integrations, such as precision agriculture tools, CNH Industrial emphasizes innovation in its product designs and sustainability initiatives. Despite the competition in product offerings, CNH has been actively expanding its market presence, which has allowed it to capture a significant share and pose a challenge to Deere's dominance.

Kubota Corporation

Kubota competes with Deere & Co in the compact equipment and agricultural machinery market, particularly for small to mid-sized farms. It emphasizes affordability, durability, and user-friendly design in its products, appealing to a different segment of the agricultural market than Deere, which often focuses on high-tech solutions for larger operations. Kubota's knack for building strong customer loyalty, particularly in the U.S. compact tractor segment, enables it to carve out a significant niche. Therefore, while Deere takes the lead in overall technology and market reach, Kubota holds a competitive advantage among smaller farmers and those seeking cost-effective solutions.