Global Variable Rate Technology (VRT) Market Report, History and Forecast 2018-2034, Breakdown Data by Companies, Key Regions, Types and Application
Published on: 2024-01-04 | No of Pages : 400 | Industry : Agriculture
Publisher : MRA | Format : PDF
Global Variable Rate Technology (VRT) Market Report, History and Forecast 2018-2034, Breakdown Data by Companies, Key Regions, Types and Application
Variable-rate technology (VRT) describes any technology which enables producers to vary the rate of crop inputs. VRT combines a variable-rate (VR) control system with application equipment to apply inputs at a precise time and/or location to achieve site-specific application rates of inputs.
Variable Rate Technology (VRT) report published by MRAResearch reveals that COVID-19 and Russia-Ukraine War impacted the market dually in 2022. Global Variable Rate Technology (VRT) market is projected to reach US$ 2157.9 million in 2033, increasing from US$ 1441.2 million in 2022, with the CAGR of 5.5% during the period of 2023 to 2033. Demand from Cereals & Grains and Oilseeds & Pulses are the major drivers for the industry.
North America, Europe and Asia Pacific are the key regions for Variable Rate Technology (VRT) industry. Among those areas, stimulated by rigid demand from downstream industries, Asia Pacific is estimated to experience fast growth, with the CAGR of % during 2023 to 2033.
Globally, Variable Rate Technology (VRT) key companies include Deere, Trimble, Agco Corporation, Kubota, Yara International Asa, Valmont Industries, Lindsay Corporation, Raven Industries and Ag Leader, etc. Deere, Trimble, Agco Corporation are top 3 players and held % share in total in 2022.
Variable Rate Technology (VRT) can be divided into Fertilizer VRT, Crop Protection Chemical VRT, Soil Sensing VRT and Seeding VRT, etc. Fertilizer VRT is the mainstream product in the market, accounting for % share globally in 2022.
Variable Rate Technology (VRT) is widely used in various fields, such as Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables and Others, etc. Cereals & Grains provides greatest supports to the Variable Rate Technology (VRT) industry development. In 2022, global % share of Variable Rate Technology (VRT) went into Cereals & Grains filed.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2033), aims to help readers to get a comprehensive understanding of global Variable Rate Technology (VRT) market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
Companies, Type, Application and Regions Listed in the Report
Deere
Trimble
Agco Corporation
Kubota
Yara International Asa
Valmont Industries
Lindsay Corporation
Raven Industries
Ag Leader
Segment by Type
Fertilizer VRT
Crop Protection Chemical VRT
Soil Sensing VRT
Seeding VRT
Yield Monitor VRT
Irrigation VRT
Others
Cereals & Grains
Oilseeds & Pulses
Fruits & Vegetables
Others
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Latin America
Mexico
Brazil
Middle East & Africa
Turkey
Saudi Arabia
UAE
Each chapter of the report provides detailed information for readers to understand the Variable Rate Technology (VRT) market further
Chapter 1Global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2033).
Chapter 2Product Types and Revenue analysis of Each Type in North America, Europe, Asia-Pacific, Latin America, Middle East and Africa from 2018 to 2023.
Chapter 3Product Application and Revenue analysis of Each Application in North America, Europe, Asia-Pacific, Latin America, Middle East and Africa from 2018 to 2023.
Chapter 4Company Competition Status, Detailed analysis of Product Name companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter 5Companies’ Outline, covering company’s basic information, Variable Rate Technology (VRT) introduction, etc. Variable Rate Technology (VRT) Revenue and Gross Margin of each company as well as Recent Development are also contained in this part.
Chapter 6 to 10Country Level analysis of North America, Europe, Asia-Pacific, Latin America, Middle East and Africa by revenue.
Chapter 11Market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry.
Chapter 12MRAResearch’s Conclusions of Variable Rate Technology (VRT) market based on comprehensive survey.
Chapter 13Methodology and Data Sources adopted by MRAResearch.
Variable Rate Technology (VRT) report published by MRAResearch reveals that COVID-19 and Russia-Ukraine War impacted the market dually in 2022. Global Variable Rate Technology (VRT) market is projected to reach US$ 2157.9 million in 2033, increasing from US$ 1441.2 million in 2022, with the CAGR of 5.5% during the period of 2023 to 2033. Demand from Cereals & Grains and Oilseeds & Pulses are the major drivers for the industry.
North America, Europe and Asia Pacific are the key regions for Variable Rate Technology (VRT) industry. Among those areas, stimulated by rigid demand from downstream industries, Asia Pacific is estimated to experience fast growth, with the CAGR of % during 2023 to 2033.
Globally, Variable Rate Technology (VRT) key companies include Deere, Trimble, Agco Corporation, Kubota, Yara International Asa, Valmont Industries, Lindsay Corporation, Raven Industries and Ag Leader, etc. Deere, Trimble, Agco Corporation are top 3 players and held % share in total in 2022.
Variable Rate Technology (VRT) can be divided into Fertilizer VRT, Crop Protection Chemical VRT, Soil Sensing VRT and Seeding VRT, etc. Fertilizer VRT is the mainstream product in the market, accounting for % share globally in 2022.
Variable Rate Technology (VRT) is widely used in various fields, such as Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables and Others, etc. Cereals & Grains provides greatest supports to the Variable Rate Technology (VRT) industry development. In 2022, global % share of Variable Rate Technology (VRT) went into Cereals & Grains filed.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2033), aims to help readers to get a comprehensive understanding of global Variable Rate Technology (VRT) market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
Companies, Type, Application and Regions Listed in the Report
By Company
Deere
Trimble
Agco Corporation
Kubota
Yara International Asa
Valmont Industries
Lindsay Corporation
Raven Industries
Ag Leader
Segment by Type
Fertilizer VRT
Crop Protection Chemical VRT
Soil Sensing VRT
Seeding VRT
Yield Monitor VRT
Irrigation VRT
Others
Segment by Application
Cereals & Grains
Oilseeds & Pulses
Fruits & Vegetables
Others
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Latin America
Mexico
Brazil
Middle East & Africa
Turkey
Saudi Arabia
UAE
Each chapter of the report provides detailed information for readers to understand the Variable Rate Technology (VRT) market further
Chapter 1Global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2033).
Chapter 2Product Types and Revenue analysis of Each Type in North America, Europe, Asia-Pacific, Latin America, Middle East and Africa from 2018 to 2023.
Chapter 3Product Application and Revenue analysis of Each Application in North America, Europe, Asia-Pacific, Latin America, Middle East and Africa from 2018 to 2023.
Chapter 4Company Competition Status, Detailed analysis of Product Name companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter 5Companies’ Outline, covering company’s basic information, Variable Rate Technology (VRT) introduction, etc. Variable Rate Technology (VRT) Revenue and Gross Margin of each company as well as Recent Development are also contained in this part.
Chapter 6 to 10Country Level analysis of North America, Europe, Asia-Pacific, Latin America, Middle East and Africa by revenue.
Chapter 11Market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry.
Chapter 12MRAResearch’s Conclusions of Variable Rate Technology (VRT) market based on comprehensive survey.
Chapter 13Methodology and Data Sources adopted by MRAResearch.
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