In 2021, about 43 percent of the sales revenue generated came from the North American region. A total of 22 billion U.S. dollars was generated in this region. In the same period, the Asia/Pacific region was the third largest market for Caterpillar, reporting a revenue amounting to 11.7 billion U.S. dollars.
Investing in R&D
Over the years Caterpillar invested heavily in the company spending over a billion U.S. dollars each year in research and development. In 2021, the company reported that their global capital expenditures amounted to 2.4 billion U.S. dollars, which was a significant increase relative to the expenses incurred in the previous year.
Most important business segments for Caterpillar
The American based manufacturer generated most of its revenue from the construction industries segment in 2021, which amounted to 22.1 billion U.S. dollars. This segment was followed by the energy and transportation, which generated a total of 20.3 million U.S. dollars in the same period.
Caterpillar's global sales and revenue between FY 2018 and FY 2021, by region
(in million U.S. dollars)
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Caterpillar. (February 16, 2022). Caterpillar's global sales and revenue between FY 2018 and FY 2021, by region (in million U.S. dollars) [Graph]. In Statista. Retrieved May 17, 2022, from https://www.statista.com/statistics/281098/global-sales-and-revenue-of-caterpillar-by-region/
Caterpillar. "Caterpillar's global sales and revenue between FY 2018 and FY 2021, by region (in million U.S. dollars)." Chart. February 16, 2022. Statista. Accessed May 17, 2022. https://www.statista.com/statistics/281098/global-sales-and-revenue-of-caterpillar-by-region/
Caterpillar. (2022). Caterpillar's global sales and revenue between FY 2018 and FY 2021, by region (in million U.S. dollars). Statista. Statista Inc.. Accessed: May 17, 2022. https://www.statista.com/statistics/281098/global-sales-and-revenue-of-caterpillar-by-region/
Caterpillar. "Caterpillar's Global Sales and Revenue between Fy 2018 and Fy 2021, by Region (in Million U.S. Dollars)." Statista, Statista Inc., 16 Feb 2022, https://www.statista.com/statistics/281098/global-sales-and-revenue-of-caterpillar-by-region/
Caterpillar, Caterpillar's global sales and revenue between FY 2018 and FY 2021, by region (in million U.S. dollars) Statista, https://www.statista.com/statistics/281098/global-sales-and-revenue-of-caterpillar-by-region/ (last visited May 17, 2022)
