Report overview
Variable-rate technology (VRT)?allows fertiliser, chemicals, lime, gypsum, irrigation water and other farm inputs to be applied at different rates across a field, without manually changing rate settings on equipment or having to make multiple passes over an area.
This report contains market size and forecasts of Agricultural Variable Rate Technology (VRT) in Global, including the following market information:
Global Agricultural Variable Rate Technology (VRT) Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Agricultural Variable Rate Technology (VRT) market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Fertilizer VRT Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Agricultural Variable Rate Technology (VRT) include Deere & Company, Trimble, AGCO Corporation, Topcon Corporation, CNH Industrial NV, Kubota Corporation, Yara International, SZ DJI Technology and Valmont Industries, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Agricultural 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 Agricultural Variable Rate Technology (VRT) Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Agricultural Variable Rate Technology (VRT) Market Segment Percentages, by Type, 2021 (%)
Fertilizer VRT
Crop Protection Chemical VRT
Soil Sensing
Seeding VRT
Yield Monitoring
Irrigation VRT
Global Agricultural Variable Rate Technology (VRT) Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Agricultural Variable Rate Technology (VRT) Market Segment Percentages, by Application, 2021 (%)
Cereals and Grains
Oilseeds and Pulses
Fruits and Vegetables
Global Agricultural Variable Rate Technology (VRT) Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Agricultural Variable Rate Technology (VRT) Market Segment Percentages, By Region and Country, 2021 (%)
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 Agricultural Variable Rate Technology (VRT) revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Agricultural Variable Rate Technology (VRT) revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Deere & Company
Trimble
AGCO Corporation
Topcon Corporation
CNH Industrial NV
Kubota Corporation
Yara International
SZ DJI Technology
Valmont Industries
Lindsay Corporation
Hexagon
AgJunction
Teejet Technologies
AG Leader Technology
The Climate Corporation
