how many tractors does john deere sell per year
Release time：2023-09-26 22:19:35
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author：Yuxuan
John Deere is a leading manufacturer of tractors and agricultural equipment in the world. Established in 1837, the company has been providing superior quality tractors to farmers across the globe for over 180 years. The brand has become synonymous with durability, reliability, and innovation, making John Deere a trusted name in the agriculture industry. In this article, we will explore how many tractors John Deere sells annually.
John Deere Tractor Sales
According to the company's latest annual report, John Deere sold a total of 233,800 tractors in 2019. This figure includes all types of tractors, including utility tractors, specialty tractors, and row-crop tractors. The sales figure for 2018 was slightly higher, with the company selling 245,200 tractors. However, the sales figures for 2019 were still impressive, given the global economic and environmental challenges faced that year. Factors Affecting Sales
Several factors can influence the sales of John Deere tractors, including global economic conditions, environmental factors, and market competition. In 2019, the ongoing trade tensions between the United States and China affected the sales of agricultural equipment across the board. Additionally, the unpredictable weather patterns that year negatively impacted the sale of tractors and other farming equipment. However, John Deere's reputation for producing high-quality tractors ensured that the company maintained its market share despite these challenges.Market Share
John Deere is one of the most recognized brands in the agriculture industry, and the company has consistently maintained a significant market share over the years. According to a recent report by Research and Markets, John Deere held a 24.2 % market share in the global tractor market in 2019. This market share is likely to remain stable, given the company's commitment to innovation, reliability, and customer satisfaction.Conclusion
In conclusion, John Deere is a leading manufacturer of tractors, and the company has consistently maintained a significant market share in the agriculture industry. Although sales figures may vary from year to year due to various factors, John Deere's reputation for producing high-quality tractors ensures the company's strong market position. As the global population increases and demand for food production rises, the need for reliable and innovative tractors will continue to grow, and John Deere is poised to meet this demand.
