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Global Variable Rate Technology (VRT) Market Research Report 2025
Synopsis
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.
The global Variable Rate Technology (VRT) market was valued at US$ 1441.2 million in 2023 and is anticipated to reach US$ 2157.9 million by 2030, witnessing a CAGR of 5.5% during the forecast period 2024-2030.
North American market for Variable Rate Technology (VRT) is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Variable Rate Technology (VRT) is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The global market for Variable Rate Technology (VRT) in Cereals & Grains is estimated to increase from $ million in 2023 to $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global companies of Variable Rate Technology (VRT) include Deere, Trimble, Agco Corporation, Kubota, Yara International Asa, Valmont Industries, Lindsay Corporation, Raven Industries and Ag Leader, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for 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 Variable Rate Technology (VRT).
Report Scope
The Variable Rate Technology (VRT) market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Variable Rate Technology (VRT) market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Variable Rate Technology (VRT) companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
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
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market 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, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Variable Rate Technology (VRT) companies’ competitive landscape, revenue 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, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. 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, and capacity of each country in the world.
Chapter 11: 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 12: The main points and conclusions of the report.
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.
The global Variable Rate Technology (VRT) market was valued at US$ 1441.2 million in 2023 and is anticipated to reach US$ 2157.9 million by 2030, witnessing a CAGR of 5.5% during the forecast period 2024-2030.
North American market for Variable Rate Technology (VRT) is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Variable Rate Technology (VRT) is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The global market for Variable Rate Technology (VRT) in Cereals & Grains is estimated to increase from $ million in 2023 to $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global companies of Variable Rate Technology (VRT) include Deere, Trimble, Agco Corporation, Kubota, Yara International Asa, Valmont Industries, Lindsay Corporation, Raven Industries and Ag Leader, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for 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 Variable Rate Technology (VRT).
Report Scope
The Variable Rate Technology (VRT) market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Variable Rate Technology (VRT) market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Variable Rate Technology (VRT) companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
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
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market 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, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Variable Rate Technology (VRT) companies’ competitive landscape, revenue 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, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. 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, and capacity of each country in the world.
Chapter 11: 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 12: The main points and conclusions of the report.
Index1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Variable Rate Technology (VRT) Market Size Growth Rate by Type: 2019 VS 2023 VS 2030
1.2.2 Fertilizer VRT
1.2.3 Crop Protection Chemical VRT
1.2.4 Soil Sensing VRT
1.2.5 Seeding VRT
1.2.6 Yield Monitor VRT
1.2.7 Irrigation VRT
1.2.8 Others
1.3 Market by Application
1.3.1 Global Variable Rate Technology (VRT) Market Growth by Application: 2019 VS 2023 VS 2030
1.3.2 Cereals & Grains
1.3.3 Oilseeds & Pulses
1.3.4 Fruits & Vegetables
1.3.5 Others
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Variable Rate Technology (VRT) Market Perspective (2019-2030)
2.2 Variable Rate Technology (VRT) Growth Trends by Region
2.2.1 Global Variable Rate Technology (VRT) Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 Variable Rate Technology (VRT) Historic Market Size by Region (2019-2024)
2.2.3 Variable Rate Technology (VRT) Forecasted Market Size by Region (2025-2030)
2.3 Variable Rate Technology (VRT) Market Dynamics
2.3.1 Variable Rate Technology (VRT) Industry Trends
2.3.2 Variable Rate Technology (VRT) Market Drivers
2.3.3 Variable Rate Technology (VRT) Market Challenges
2.3.4 Variable Rate Technology (VRT) Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Variable Rate Technology (VRT) Players by Revenue
3.1.1 Global Top Variable Rate Technology (VRT) Players by Revenue (2019-2024)
3.1.2 Global Variable Rate Technology (VRT) Revenue Market Share by Players (2019-2024)
3.2 Global Variable Rate Technology (VRT) Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Variable Rate Technology (VRT) Revenue
3.4 Global Variable Rate Technology (VRT) Market Concentration Ratio
3.4.1 Global Variable Rate Technology (VRT) Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Variable Rate Technology (VRT) Revenue in 2023
3.5 Variable Rate Technology (VRT) Key Players Head office and Area Served
3.6 Key Players Variable Rate Technology (VRT) Product Solution and Service
3.7 Date of Enter into Variable Rate Technology (VRT) Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Variable Rate Technology (VRT) Breakdown Data by Type
4.1 Global Variable Rate Technology (VRT) Historic Market Size by Type (2019-2024)
4.2 Global Variable Rate Technology (VRT) Forecasted Market Size by Type (2025-2030)
5 Variable Rate Technology (VRT) Breakdown Data by Application
5.1 Global Variable Rate Technology (VRT) Historic Market Size by Application (2019-2024)
5.2 Global Variable Rate Technology (VRT) Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America Variable Rate Technology (VRT) Market Size (2019-2030)
6.2 North America Variable Rate Technology (VRT) Market Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America Variable Rate Technology (VRT) Market Size by Country (2019-2024)
6.4 North America Variable Rate Technology (VRT) Market Size by Country (2025-2030)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Variable Rate Technology (VRT) Market Size (2019-2030)
7.2 Europe Variable Rate Technology (VRT) Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe Variable Rate Technology (VRT) Market Size by Country (2019-2024)
7.4 Europe Variable Rate Technology (VRT) Market Size by Country (2025-2030)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Variable Rate Technology (VRT) Market Size (2019-2030)
8.2 Asia-Pacific Variable Rate Technology (VRT) Market Growth Rate by Region: 2019 VS 2023 VS 2030
8.3 Asia-Pacific Variable Rate Technology (VRT) Market Size by Region (2019-2024)
8.4 Asia-Pacific Variable Rate Technology (VRT) Market Size by Region (2025-2030)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Variable Rate Technology (VRT) Market Size (2019-2030)
9.2 Latin America Variable Rate Technology (VRT) Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America Variable Rate Technology (VRT) Market Size by Country (2019-2024)
9.4 Latin America Variable Rate Technology (VRT) Market Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Variable Rate Technology (VRT) Market Size (2019-2030)
10.2 Middle East & Africa Variable Rate Technology (VRT) Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa Variable Rate Technology (VRT) Market Size by Country (2019-2024)
10.4 Middle East & Africa Variable Rate Technology (VRT) Market Size by Country (2025-2030)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Deere
11.1.1 Deere Company Detail
11.1.2 Deere Business Overview
11.1.3 Deere Variable Rate Technology (VRT) Introduction
11.1.4 Deere Revenue in Variable Rate Technology (VRT) Business (2019-2024)
11.1.5 Deere Recent Development
11.2 Trimble
11.2.1 Trimble Company Detail
11.2.2 Trimble Business Overview
11.2.3 Trimble Variable Rate Technology (VRT) Introduction
11.2.4 Trimble Revenue in Variable Rate Technology (VRT) Business (2019-2024)
11.2.5 Trimble Recent Development
11.3 Agco Corporation
11.3.1 Agco Corporation Company Detail
11.3.2 Agco Corporation Business Overview
11.3.3 Agco Corporation Variable Rate Technology (VRT) Introduction
11.3.4 Agco Corporation Revenue in Variable Rate Technology (VRT) Business (2019-2024)
11.3.5 Agco Corporation Recent Development
11.4 Kubota
11.4.1 Kubota Company Detail
11.4.2 Kubota Business Overview
11.4.3 Kubota Variable Rate Technology (VRT) Introduction
11.4.4 Kubota Revenue in Variable Rate Technology (VRT) Business (2019-2024)
11.4.5 Kubota Recent Development
11.5 Yara International Asa
11.5.1 Yara International Asa Company Detail
11.5.2 Yara International Asa Business Overview
11.5.3 Yara International Asa Variable Rate Technology (VRT) Introduction
11.5.4 Yara International Asa Revenue in Variable Rate Technology (VRT) Business (2019-2024)
11.5.5 Yara International Asa Recent Development
11.6 Valmont Industries
11.6.1 Valmont Industries Company Detail
11.6.2 Valmont Industries Business Overview
11.6.3 Valmont Industries Variable Rate Technology (VRT) Introduction
11.6.4 Valmont Industries Revenue in Variable Rate Technology (VRT) Business (2019-2024)
11.6.5 Valmont Industries Recent Development
11.7 Lindsay Corporation
11.7.1 Lindsay Corporation Company Detail
11.7.2 Lindsay Corporation Business Overview
11.7.3 Lindsay Corporation Variable Rate Technology (VRT) Introduction
11.7.4 Lindsay Corporation Revenue in Variable Rate Technology (VRT) Business (2019-2024)
11.7.5 Lindsay Corporation Recent Development
11.8 Raven Industries
11.8.1 Raven Industries Company Detail
11.8.2 Raven Industries Business Overview
11.8.3 Raven Industries Variable Rate Technology (VRT) Introduction
11.8.4 Raven Industries Revenue in Variable Rate Technology (VRT) Business (2019-2024)
11.8.5 Raven Industries Recent Development
11.9 Ag Leader
11.9.1 Ag Leader Company Detail
11.9.2 Ag Leader Business Overview
11.9.3 Ag Leader Variable Rate Technology (VRT) Introduction
11.9.4 Ag Leader Revenue in Variable Rate Technology (VRT) Business (2019-2024)
11.9.5 Ag Leader Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
Published By : QY Research
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