CNH Industrial N.V. Common Shares (CNH)
Competitors to CNH Industrial N.V. Common Shares (CNH)
AGCO Corporation AGCO -3.40%
AGCO Corporation primarily competes in the agricultural machinery sector and offers a range of products that rival CNH Industrial's offerings. AGCO focuses heavily on technology integration, including precision farming solutions, to enhance productivity. It competes effectively through its diversified brand portfolio, but may lack the same level of scale and global reach that CNH Industrial possesses, giving CNH a slight advantage in this respect.
Caterpillar Inc. CAT -5.78%
Caterpillar Inc. is known for its construction and mining equipment and competes with CNH Industrial across various product lines. Caterpillar's extensive service network, brand loyalty, and innovation in machinery provide it with a strong competitive advantage. Nonetheless, CNH Industrial's specialization in agriculture equipment coupled with its evolving technology solutions creates a vibrant competition, especially in sectors where both brands intersect.
Deere & Company DE -3.93%
Deere & Company, known for its agriculture and construction equipment, competes with CNH Industrial by leveraging its strong brand reputation, extensive distribution network, and advanced technology in precision agriculture. Both companies strive for innovation, but Deere has a competitive edge in its market presence and the robust integration of technology in its machinery, positioning it well to meet the demands of modern farming.
Komatsu Ltd.
Komatsu Ltd. is a major competitor in the construction and mining equipment sector globally. Their robust engineering capabilities and innovative technologies in heavy machinery push them to compete closely with CNH Industrial. However, CNH's strong foothold in agricultural machinery and its diverse product range enable it to maintain a competitive edge, particularly in markets driven by agricultural demand.
Paccar Inc. PCAR -1.05%
Paccar Inc. is a significant player in the commercial vehicle manufacturing industry and competes with CNH Industrial in segments like trucks and transportation equipment. While Paccar has a strong focus on quality and durability, CNH Industrial's broader scope in agriculture and construction equipment along with their more extensive dealer network gives CNH a competitive advantage in segmentation and market reach.