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Variable Rate Technology (VRT)-Global Market Insights and Sales Trends 2024

Variable Rate Technology (VRT)-Global Market Insights and Sales Trends 2024

Publishing Date : Dec, 2023

License Type :
 

Report Code : 1860135

No of Pages : 85

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 size is expected to reach US$ 2157.9 million by 2029, growing at a CAGR of 5.5% from 2023 to 2029. The market is mainly driven by the significant applications of Variable Rate Technology (VRT) in various end use industries. The expanding demands from the Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables and Others, are propelling Variable Rate Technology (VRT) market. Fertilizer VRT, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Crop Protection Chemical VRT segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Variable Rate Technology (VRT) market, driven by demand from China, the second largest economy with some signs of stabilising, the Variable Rate Technology (VRT) market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Variable Rate Technology (VRT), with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Variable Rate Technology (VRT) market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Variable Rate Technology (VRT) market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Variable Rate Technology (VRT) sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Variable Rate Technology (VRT) covered in this report include Deere, Trimble, Agco Corporation, Kubota, Yara International Asa, Valmont Industries, Lindsay Corporation, Raven Industries and Ag Leader, etc.
The global Variable Rate Technology (VRT) market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Deere
Trimble
Agco Corporation
Kubota
Yara International Asa
Valmont Industries
Lindsay Corporation
Raven Industries
Ag Leader
Global Variable Rate Technology (VRT) market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Variable Rate Technology (VRT) market, Segment by Type:
Fertilizer VRT
Crop Protection Chemical VRT
Soil Sensing VRT
Seeding VRT
Yield Monitor VRT
Irrigation VRT
Others
Global Variable Rate Technology (VRT) market, by Application
Cereals & Grains
Oilseeds & Pulses
Fruits & Vegetables
Others
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). 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 Two: 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 Three: 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 Four: Detailed analysis of Variable Rate Technology (VRT) companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: 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 Twelve: Research Finding/Conclusion
Index
1 Market Overview of Variable Rate Technology (VRT)
1.1 Variable Rate Technology (VRT) Market Overview
1.1.1 Variable Rate Technology (VRT) Product Scope
1.1.2 Variable Rate Technology (VRT) Market Status and Outlook
1.2 Global Variable Rate Technology (VRT) Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global Variable Rate Technology (VRT) Market Size by Region (2018-2029)
1.4 Global Variable Rate Technology (VRT) Historic Market Size by Region (2018-2023)
1.5 Global Variable Rate Technology (VRT) Market Size Forecast by Region (2024-2029)
1.6 Key Regions, Variable Rate Technology (VRT) Market Size (2018-2029)
1.6.1 North America Variable Rate Technology (VRT) Market Size (2018-2029)
1.6.2 Europe Variable Rate Technology (VRT) Market Size (2018-2029)
1.6.3 Asia-Pacific Variable Rate Technology (VRT) Market Size (2018-2029)
1.6.4 Latin America Variable Rate Technology (VRT) Market Size (2018-2029)
1.6.5 Middle East & Africa Variable Rate Technology (VRT) Market Size (2018-2029)
2 Variable Rate Technology (VRT) Market by Type
2.1 Introduction
2.1.1 Fertilizer VRT
2.1.2 Crop Protection Chemical VRT
2.1.3 Soil Sensing VRT
2.1.4 Seeding VRT
2.1.5 Yield Monitor VRT
2.1.6 Irrigation VRT
2.1.7 Others
2.2 Global Variable Rate Technology (VRT) Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global Variable Rate Technology (VRT) Historic Market Size by Type (2018-2023)
2.2.2 Global Variable Rate Technology (VRT) Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America Variable Rate Technology (VRT) Revenue Breakdown by Type (2018-2029)
2.3.2 Europe Variable Rate Technology (VRT) Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific Variable Rate Technology (VRT) Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America Variable Rate Technology (VRT) Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa Variable Rate Technology (VRT) Revenue Breakdown by Type (2018-2029)
3 Variable Rate Technology (VRT) Market Overview by Application
3.1 Introduction
3.1.1 Cereals & Grains
3.1.2 Oilseeds & Pulses
3.1.3 Fruits & Vegetables
3.1.4 Others
3.2 Global Variable Rate Technology (VRT) Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global Variable Rate Technology (VRT) Historic Market Size by Application (2018-2023)
3.2.2 Global Variable Rate Technology (VRT) Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America Variable Rate Technology (VRT) Revenue Breakdown by Application (2018-2029)
3.3.2 Europe Variable Rate Technology (VRT) Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific Variable Rate Technology (VRT) Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America Variable Rate Technology (VRT) Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa Variable Rate Technology (VRT) Revenue Breakdown by Application (2018-2029)
4 Variable Rate Technology (VRT) Competition Analysis by Players
4.1 Global Variable Rate Technology (VRT) Market Size by Players (2018-2023)
4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Variable Rate Technology (VRT) as of 2022)
4.3 Date of Key Players Enter into Variable Rate Technology (VRT) Market
4.4 Global Top Players Variable Rate Technology (VRT) Headquarters and Area Served
4.5 Key Players Variable Rate Technology (VRT) Product Solution and Service
4.6 Competitive Status
4.6.1 Variable Rate Technology (VRT) Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 Deere
5.1.1 Deere Profile
5.1.2 Deere Main Business
5.1.3 Deere Variable Rate Technology (VRT) Products, Services and Solutions
5.1.4 Deere Variable Rate Technology (VRT) Revenue (US$ Million) & (2018-2023)
5.1.5 Deere Recent Developments
5.2 Trimble
5.2.1 Trimble Profile
5.2.2 Trimble Main Business
5.2.3 Trimble Variable Rate Technology (VRT) Products, Services and Solutions
5.2.4 Trimble Variable Rate Technology (VRT) Revenue (US$ Million) & (2018-2023)
5.2.5 Trimble Recent Developments
5.3 Agco Corporation
5.3.1 Agco Corporation Profile
5.3.2 Agco Corporation Main Business
5.3.3 Agco Corporation Variable Rate Technology (VRT) Products, Services and Solutions
5.3.4 Agco Corporation Variable Rate Technology (VRT) Revenue (US$ Million) & (2018-2023)
5.3.5 Kubota Recent Developments
5.4 Kubota
5.4.1 Kubota Profile
5.4.2 Kubota Main Business
5.4.3 Kubota Variable Rate Technology (VRT) Products, Services and Solutions
5.4.4 Kubota Variable Rate Technology (VRT) Revenue (US$ Million) & (2018-2023)
5.4.5 Kubota Recent Developments
5.5 Yara International Asa
5.5.1 Yara International Asa Profile
5.5.2 Yara International Asa Main Business
5.5.3 Yara International Asa Variable Rate Technology (VRT) Products, Services and Solutions
5.5.4 Yara International Asa Variable Rate Technology (VRT) Revenue (US$ Million) & (2018-2023)
5.5.5 Yara International Asa Recent Developments
5.6 Valmont Industries
5.6.1 Valmont Industries Profile
5.6.2 Valmont Industries Main Business
5.6.3 Valmont Industries Variable Rate Technology (VRT) Products, Services and Solutions
5.6.4 Valmont Industries Variable Rate Technology (VRT) Revenue (US$ Million) & (2018-2023)
5.6.5 Valmont Industries Recent Developments
5.7 Lindsay Corporation
5.7.1 Lindsay Corporation Profile
5.7.2 Lindsay Corporation Main Business
5.7.3 Lindsay Corporation Variable Rate Technology (VRT) Products, Services and Solutions
5.7.4 Lindsay Corporation Variable Rate Technology (VRT) Revenue (US$ Million) & (2018-2023)
5.7.5 Lindsay Corporation Recent Developments
5.8 Raven Industries
5.8.1 Raven Industries Profile
5.8.2 Raven Industries Main Business
5.8.3 Raven Industries Variable Rate Technology (VRT) Products, Services and Solutions
5.8.4 Raven Industries Variable Rate Technology (VRT) Revenue (US$ Million) & (2018-2023)
5.8.5 Raven Industries Recent Developments
5.9 Ag Leader
5.9.1 Ag Leader Profile
5.9.2 Ag Leader Main Business
5.9.3 Ag Leader Variable Rate Technology (VRT) Products, Services and Solutions
5.9.4 Ag Leader Variable Rate Technology (VRT) Revenue (US$ Million) & (2018-2023)
5.9.5 Ag Leader Recent Developments
6 North America
6.1 North America Variable Rate Technology (VRT) Market Size by Country (2018-2029)
6.2 U.S.
6.3 Canada
7 Europe
7.1 Europe Variable Rate Technology (VRT) Market Size by Country (2018-2029)
7.2 Germany
7.3 France
7.4 U.K.
7.5 Italy
7.6 Russia
7.7 Nordic Countries
7.8 Rest of Europe
8 Asia-Pacific
8.1 Asia-Pacific Variable Rate Technology (VRT) Market Size by Region (2018-2029)
8.2 China
8.3 Japan
8.4 South Korea
8.5 Southeast Asia
8.6 India
8.7 Australia
8.8 Rest of Asia-Pacific
9 Latin America
9.1 Latin America Variable Rate Technology (VRT) Market Size by Country (2018-2029)
9.2 Mexico
9.3 Brazil
9.4 Rest of Latin America
10 Middle East & Africa
10.1 Middle East & Africa Variable Rate Technology (VRT) Market Size by Country (2018-2029)
10.2 Turkey
10.3 Saudi Arabia
10.4 UAE
10.5 Rest of Middle East & Africa
11 Variable Rate Technology (VRT) Market Dynamics
11.1 Variable Rate Technology (VRT) Industry Trends
11.2 Variable Rate Technology (VRT) Market Drivers
11.3 Variable Rate Technology (VRT) Market Challenges
11.4 Variable Rate Technology (VRT) Market Restraints
12 Research Finding /Conclusion
13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
13.4 Author List

Published By : QY Research

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