INDUSTRIAL EQUIPMENT
Agricultural and Mining Equipment
World's Most Productive Companies
From Surge to Slowdown: Productivity Trends in Agriculture and Construction Machinery
The Agriculture and Construction Machinery peer group includes global manufacturers that produce heavy equipment for farming, earthmoving, and mining operations. These companies supply the machines that power food production and infrastructure development worldwide, offering a range of products that include tractors, combines, excavators, loaders, and mining trucks.
Over the past two decades, the Agriculture and Construction Machinery peer group has achieved an overall productivity growth rate of 5.85%, reflecting steady long-term efficiency improvements. Following the pandemic, the group experienced a 40.5% surge in productivity, driven by strong demand for equipment, increased automation adoption, and a supply-chain recovery. However, in the most recent year, productivity declined by 4.75%, as higher input costs and inventory normalization offset earlier gains.
Top 100 World's Most Productive Companies - Agricultural and Mining Equipment
Productivity Snapshot
Due to their strong performance, two companies stand out among the World’s Most Productive Companies in this peer group — CNH and Deere & Company, each delivering productivity gains exceeding 20%. Both have accelerated productivity growth through precision agriculture technologies, automation, and connected equipment ecosystems. Deere has led with its integrated digital farming platform and autonomous machinery rollout, while CNH has rapidly advanced its precision ag and construction tech portfolio, leveraging acquisitions and software-driven solutions to sustain double-digit productivity improvements.
