Farm VRT enable various applications of inputs such as fertilizers, chemicals, pesticides, and irrigation across different fields at various rates as per the requirement.
Farm Variable Rate Technology Market aims to provide a comprehensive presentation of the global market for Farm Variable Rate Technology (VRT), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Farm Variable Rate Technology (VRT). Farm Variable Rate Technology Market contains market size and forecasts of Farm Variable Rate Technology (VRT) in global, including the following market information:
- Global Farm Variable Rate Technology (VRT) Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Farm Variable Rate Technology (VRT) market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
North America is estimated to account for the largest share of the variable rate technology market in 2018. Considering this potential, new market players are entering the market. The increase in automation and digitization of agriculture is creating new business models for this market. Asia-Pacific has been projected as the fastest-growing market for variable rate technology, owing to large farmlands and a high population growth rate. In this region, Australia held the largest market share in 2017, whereas the Chinese VRT market is projected to grow at the highest CAGR during the forecast period.
We surveyed the Farm Variable Rate Technology (VRT) companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Farm Variable Rate Technology (VRT) Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Farm Variable Rate Technology (VRT) Market Segment Percentages, by Type, 2022 (%)
Fertilizer VRT
- Crop Protection Chemical VRT
- Soil Sensing VRT
- Seeding VRT
- Yield Monitor VRT
- Irrigation VRT
- Others
Global Farm Variable Rate Technology (VRT) Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Farm Variable Rate Technology (VRT) Market Segment Percentages, by Application, 2022 (%)
- Cereals & Grains
- Oilseeds & Pulses
- Fruits & Vegetables
- Others
Global Farm Variable Rate Technology (VRT) Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Farm Variable Rate Technology (VRT) Market Segment Percentages, By Region and Country, 2022 (%)
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Nordic Countries
- Benelux
- Rest of Europe
- Asia
- China
- Japan
- South Korea
- Southeast Asia
- India
- Rest of Asia
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- Turkey
- Israel
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Farm Variable Rate Technology (VRT) revenues in global market, 2018-2023 (estimated), ($ millions)
- Key companies Farm Variable Rate Technology (VRT) revenues share in global market, 2022 (%)
- Further, the report presents profiles of competitors in the market, key players include:
- Deere (U.S.)
- AGCO (U.S.)
- Trimble (U.S.)
- CNH Industrial (U.K.)
- Topcon (Japan)
- Raven Industries (U.S.)
- Ag Leader (U.S.)
- SZ DJI Technology (China)
- Yara International ASA (Norway)
- Kubota Corporation
- Valmont Industries
- Lindsay
- Raven Industries
- Outline of Major Chapters:
- Chapter 1: Introduces the definition of Farm Variable Rate Technology (VRT), market overview.
- Chapter 2: Global Farm Variable Rate Technology (VRT) market size in revenue.
- Chapter 3: Detailed analysis of Farm Variable Rate Technology (VRT) company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
- Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
- Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
- Chapter 6: Sales of Farm Variable Rate Technology (VRT) in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
- Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
- Chapter 8: The main points and conclusions of the report.
Industry Market Size
