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.
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). This report contains market size and forecasts of Variable Rate Technology (VRT) in global, including the following market information:
Global Variable Rate Technology (VRT) Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Variable Rate Technology (VRT) market was valued at US$ 1482.9 million in 2022 and is projected to reach US$ 2123.6 million by 2029, at a CAGR of 5.3% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2022, While China is to reach $ Million.
Fertilizer VRT Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers 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 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the 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 Variable Rate Technology (VRT) Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global 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 Variable Rate Technology (VRT) Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Variable Rate Technology (VRT) Market Segment Percentages, by Application, 2022 (%)
Cereals & Grains
Oilseeds & Pulses
Fruits & Vegetables
Others
Global Variable Rate Technology (VRT) Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global 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 Variable Rate Technology (VRT) revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Variable Rate Technology (VRT) revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Deere
Trimble
Agco Corporation
Kubota
Yara International Asa
Valmont Industries
Lindsay Corporation
Raven Industries
Ag Leader
Outline of Major Chapters:
Chapter 1: Introduces the definition of Variable Rate Technology (VRT), market overview.
Chapter 2: Global Variable Rate Technology (VRT) market size in revenue.
Chapter 3: Detailed analysis of 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 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.
TABLE OF CONTENTS
1 Introduction to Research & Analysis Reports
1.1 Variable Rate Technology (VRT) Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Variable Rate Technology (VRT) Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Variable Rate Technology (VRT) Overall Market Size
2.1 Global Variable Rate Technology (VRT) Market Size: 2022 VS 2029
2.2 Global Variable Rate Technology (VRT) Market Size, Prospects & Forecasts: 2018-2029
2.3 Key Market Trends, Opportunity, Drivers and Restraints
2.3.1 Market Opportunities & Trends
2.3.2 Market Drivers
2.3.3 Market Restraints
3 Company Landscape
3.1 Top Variable Rate Technology (VRT) Players in Global Market
3.2 Top Global Variable Rate Technology (VRT) Companies Ranked by Revenue
3.3 Global Variable Rate Technology (VRT) Revenue by Companies
3.4 Top 3 and Top 5 Variable Rate Technology (VRT) Companies in Global Market, by Revenue in 2022
3.5 Global Companies Variable Rate Technology (VRT) Product Type
3.6 Tier 1, Tier 2 and Tier 3 Variable Rate Technology (VRT) Players in Global Market
3.6.1 List of Global Tier 1 Variable Rate Technology (VRT) Companies
3.6.2 List of Global Tier 2 and Tier 3 Variable Rate Technology (VRT) Companies
4 Market Sights by Product
4.1 Overview
4.1.1 By Type - Global Variable Rate Technology (VRT) Market Size Markets, 2022 & 2029
4.1.2 Fertilizer VRT
4.1.3 Crop Protection Chemical VRT
4.1.4 Soil Sensing VRT
4.1.5 Seeding VRT
4.1.6 Yield Monitor VRT
4.1.7 Irrigation VRT
4.1.8 Others
4.2 By Type - Global Variable Rate Technology (VRT) Revenue & Forecasts
4.2.1 By Type - Global Variable Rate Technology (VRT) Revenue, 2018-2023
4.2.2 By Type - Global Variable Rate Technology (VRT) Revenue, 2024-2029
4.2.3 By Type - Global Variable Rate Technology (VRT) Revenue Market Share, 2018-2029
5 Sights by Application
5.1 Overview
5.1.1 By Application - Global Variable Rate Technology (VRT) Market Size, 2022 & 2029
5.1.2 Cereals & Grains
5.1.3 Oilseeds & Pulses
5.1.4 Fruits & Vegetables
5.1.5 Others
5.2 By Application - Global Variable Rate Technology (VRT) Revenue & Forecasts
5.2.1 By Application - Global Variable Rate Technology (VRT) Revenue, 2018-2023
5.2.2 By Application - Global Variable Rate Technology (VRT) Revenue, 2024-2029
5.2.3 By Application - Global Variable Rate Technology (VRT) Revenue Market Share, 2018-2029
6 Sights by Region
6.1 By Region - Global Variable Rate Technology (VRT) Market Size, 2022 & 2029
6.2 By Region - Global Variable Rate Technology (VRT) Revenue & Forecasts
6.2.1 By Region - Global Variable Rate Technology (VRT) Revenue, 2018-2023
6.2.2 By Region - Global Variable Rate Technology (VRT) Revenue, 2024-2029
6.2.3 By Region - Global Variable Rate Technology (VRT) Revenue Market Share, 2018-2029
6.3 North America
6.3.1 By Country - North America Variable Rate Technology (VRT) Revenue, 2018-2029
6.3.2 US Variable Rate Technology (VRT) Market Size, 2018-2029
6.3.3 Canada Variable Rate Technology (VRT) Market Size, 2018-2029
6.3.4 Mexico Variable Rate Technology (VRT) Market Size, 2018-2029
6.4 Europe
6.4.1 By Country - Europe Variable Rate Technology (VRT) Revenue, 2018-2029
6.4.2 Germany Variable Rate Technology (VRT) Market Size, 2018-2029
6.4.3 France Variable Rate Technology (VRT) Market Size, 2018-2029
6.4.4 U.K. Variable Rate Technology (VRT) Market Size, 2018-2029
6.4.5 Italy Variable Rate Technology (VRT) Market Size, 2018-2029
6.4.6 Russia Variable Rate Technology (VRT) Market Size, 2018-2029
6.4.7 Nordic Countries Variable Rate Technology (VRT) Market Size, 2018-2029
6.4.8 Benelux Variable Rate Technology (VRT) Market Size, 2018-2029
6.5 Asia
6.5.1 By Region - Asia Variable Rate Technology (VRT) Revenue, 2018-2029
6.5.2 China Variable Rate Technology (VRT) Market Size, 2018-2029
6.5.3 Japan Variable Rate Technology (VRT) Market Size, 2018-2029
6.5.4 South Korea Variable Rate Technology (VRT) Market Size, 2018-2029
6.5.5 Southeast Asia Variable Rate Technology (VRT) Market Size, 2018-2029
6.5.6 India Variable Rate Technology (VRT) Market Size, 2018-2029
6.6 South America
6.6.1 By Country - South America Variable Rate Technology (VRT) Revenue, 2018-2029
6.6.2 Brazil Variable Rate Technology (VRT) Market Size, 2018-2029
6.6.3 Argentina Variable Rate Technology (VRT) Market Size, 2018-2029
6.7 Middle East & Africa
6.7.1 By Country - Middle East & Africa Variable Rate Technology (VRT) Revenue, 2018-2029
6.7.2 Turkey Variable Rate Technology (VRT) Market Size, 2018-2029
6.7.3 Israel Variable Rate Technology (VRT) Market Size, 2018-2029
6.7.4 Saudi Arabia Variable Rate Technology (VRT) Market Size, 2018-2029
6.7.5 UAE Variable Rate Technology (VRT) Market Size, 2018-2029
7 Variable Rate Technology (VRT) Companies Profiles
7.1 Deere
7.1.1 Deere Company Summary
7.1.2 Deere Business Overview
7.1.3 Deere Variable Rate Technology (VRT) Major Product Offerings
7.1.4 Deere Variable Rate Technology (VRT) Revenue in Global Market (2018-2023)
7.1.5 Deere Key News & Latest Developments
7.2 Trimble
7.2.1 Trimble Company Summary
7.2.2 Trimble Business Overview
7.2.3 Trimble Variable Rate Technology (VRT) Major Product Offerings
7.2.4 Trimble Variable Rate Technology (VRT) Revenue in Global Market (2018-2023)
7.2.5 Trimble Key News & Latest Developments
7.3 Agco Corporation
7.3.1 Agco Corporation Company Summary
7.3.2 Agco Corporation Business Overview
7.3.3 Agco Corporation Variable Rate Technology (VRT) Major Product Offerings
7.3.4 Agco Corporation Variable Rate Technology (VRT) Revenue in Global Market (2018-2023)
7.3.5 Agco Corporation Key News & Latest Developments
7.4 Kubota
7.4.1 Kubota Company Summary
7.4.2 Kubota Business Overview
7.4.3 Kubota Variable Rate Technology (VRT) Major Product Offerings
7.4.4 Kubota Variable Rate Technology (VRT) Revenue in Global Market (2018-2023)
7.4.5 Kubota Key News & Latest Developments
7.5 Yara International Asa
7.5.1 Yara International Asa Company Summary
7.5.2 Yara International Asa Business Overview
7.5.3 Yara International Asa Variable Rate Technology (VRT) Major Product Offerings
7.5.4 Yara International Asa Variable Rate Technology (VRT) Revenue in Global Market (2018-2023)
7.5.5 Yara International Asa Key News & Latest Developments
7.6 Valmont Industries
7.6.1 Valmont Industries Company Summary
7.6.2 Valmont Industries Business Overview
7.6.3 Valmont Industries Variable Rate Technology (VRT) Major Product Offerings
7.6.4 Valmont Industries Variable Rate Technology (VRT) Revenue in Global Market (2018-2023)
7.6.5 Valmont Industries Key News & Latest Developments
7.7 Lindsay Corporation
7.7.1 Lindsay Corporation Company Summary
7.7.2 Lindsay Corporation Business Overview
7.7.3 Lindsay Corporation Variable Rate Technology (VRT) Major Product Offerings
7.7.4 Lindsay Corporation Variable Rate Technology (VRT) Revenue in Global Market (2018-2023)
7.7.5 Lindsay Corporation Key News & Latest Developments
7.8 Raven Industries
7.8.1 Raven Industries Company Summary
7.8.2 Raven Industries Business Overview
7.8.3 Raven Industries Variable Rate Technology (VRT) Major Product Offerings
7.8.4 Raven Industries Variable Rate Technology (VRT) Revenue in Global Market (2018-2023)
7.8.5 Raven Industries Key News & Latest Developments
7.9 Ag Leader
7.9.1 Ag Leader Company Summary
7.9.2 Ag Leader Business Overview
7.9.3 Ag Leader Variable Rate Technology (VRT) Major Product Offerings
7.9.4 Ag Leader Variable Rate Technology (VRT) Revenue in Global Market (2018-2023)
7.9.5 Ag Leader Key News & Latest Developments
8 Conclusion
9 Appendix
9.1 Note
9.2 Examples of Clients
9.3 Disclaimer
LIST OF TABLES & FIGURES
List of Tables
Table 1. Variable Rate Technology (VRT) Market Opportunities & Trends in Global Market
Table 2. Variable Rate Technology (VRT) Market Drivers in Global Market
Table 3. Variable Rate Technology (VRT) Market Restraints in Global Market
Table 4. Key Players of Variable Rate Technology (VRT) in Global Market
Table 5. Top Variable Rate Technology (VRT) Players in Global Market, Ranking by Revenue (2022)
Table 6. Global Variable Rate Technology (VRT) Revenue by Companies, (US$, Mn), 2018-2023
Table 7. Global Variable Rate Technology (VRT) Revenue Share by Companies, 2018-2023
Table 8. Global Companies Variable Rate Technology (VRT) Product Type
Table 9. List of Global Tier 1 Variable Rate Technology (VRT) Companies, Revenue (US$, Mn) in 2022 and Market Share
Table 10. List of Global Tier 2 and Tier 3 Variable Rate Technology (VRT) Companies, Revenue (US$, Mn) in 2022 and Market Share
Table 11. By Type ? Global Variable Rate Technology (VRT) Revenue, (US$, Mn), 2022 & 2029
Table 12. By Type - Variable Rate Technology (VRT) Revenue in Global (US$, Mn), 2018-2023
Table 13. By Type - Variable Rate Technology (VRT) Revenue in Global (US$, Mn), 2024-2029
Table 14. By Application ? Global Variable Rate Technology (VRT) Revenue, (US$, Mn), 2022 & 2029
Table 15. By Application - Variable Rate Technology (VRT) Revenue in Global (US$, Mn), 2018-2023
Table 16. By Application - Variable Rate Technology (VRT) Revenue in Global (US$, Mn), 2024-2029
Table 17. By Region ? Global Variable Rate Technology (VRT) Revenue, (US$, Mn), 2022 & 2029
Table 18. By Region - Global Variable Rate Technology (VRT) Revenue (US$, Mn), 2018-2023
Table 19. By Region - Global Variable Rate Technology (VRT) Revenue (US$, Mn), 2024-2029
Table 20. By Country - North America Variable Rate Technology (VRT) Revenue, (US$, Mn), 2018-2023
Table 21. By Country - North America Variable Rate Technology (VRT) Revenue, (US$, Mn), 2024-2029
Table 22. By Country - Europe Variable Rate Technology (VRT) Revenue, (US$, Mn), 2018-2023
Table 23. By Country - Europe Variable Rate Technology (VRT) Revenue, (US$, Mn), 2024-2029
Table 24. By Region - Asia Variable Rate Technology (VRT) Revenue, (US$, Mn), 2018-2023
Table 25. By Region - Asia Variable Rate Technology (VRT) Revenue, (US$, Mn), 2024-2029
Table 26. By Country - South America Variable Rate Technology (VRT) Revenue, (US$, Mn), 2018-2023
Table 27. By Country - South America Variable Rate Technology (VRT) Revenue, (US$, Mn), 2024-2029
Table 28. By Country - Middle East & Africa Variable Rate Technology (VRT) Revenue, (US$, Mn), 2018-2023
Table 29. By Country - Middle East & Africa Variable Rate Technology (VRT) Revenue, (US$, Mn), 2024-2029
Table 30. Deere Company Summary
Table 31. Deere Variable Rate Technology (VRT) Product Offerings
Table 32. Deere Variable Rate Technology (VRT) Revenue (US$, Mn) & (2018-2023)
Table 33. Deere Key News & Latest Developments
Table 34. Trimble Company Summary
Table 35. Trimble Variable Rate Technology (VRT) Product Offerings
Table 36. Trimble Variable Rate Technology (VRT) Revenue (US$, Mn) & (2018-2023)
Table 37. Trimble Key News & Latest Developments
Table 38. Agco Corporation Company Summary
Table 39. Agco Corporation Variable Rate Technology (VRT) Product Offerings
Table 40. Agco Corporation Variable Rate Technology (VRT) Revenue (US$, Mn) & (2018-2023)
Table 41. Agco Corporation Key News & Latest Developments
Table 42. Kubota Company Summary
Table 43. Kubota Variable Rate Technology (VRT) Product Offerings
Table 44. Kubota Variable Rate Technology (VRT) Revenue (US$, Mn) & (2018-2023)
Table 45. Kubota Key News & Latest Developments
Table 46. Yara International Asa Company Summary
Table 47. Yara International Asa Variable Rate Technology (VRT) Product Offerings
Table 48. Yara International Asa Variable Rate Technology (VRT) Revenue (US$, Mn) & (2018-2023)
Table 49. Yara International Asa Key News & Latest Developments
Table 50. Valmont Industries Company Summary
Table 51. Valmont Industries Variable Rate Technology (VRT) Product Offerings
Table 52. Valmont Industries Variable Rate Technology (VRT) Revenue (US$, Mn) & (2018-2023)
Table 53. Valmont Industries Key News & Latest Developments
Table 54. Lindsay Corporation Company Summary
Table 55. Lindsay Corporation Variable Rate Technology (VRT) Product Offerings
Table 56. Lindsay Corporation Variable Rate Technology (VRT) Revenue (US$, Mn) & (2018-2023)
Table 57. Lindsay Corporation Key News & Latest Developments
Table 58. Raven Industries Company Summary
Table 59. Raven Industries Variable Rate Technology (VRT) Product Offerings
Table 60. Raven Industries Variable Rate Technology (VRT) Revenue (US$, Mn) & (2018-2023)
Table 61. Raven Industries Key News & Latest Developments
Table 62. Ag Leader Company Summary
Table 63. Ag Leader Variable Rate Technology (VRT) Product Offerings
Table 64. Ag Leader Variable Rate Technology (VRT) Revenue (US$, Mn) & (2018-2023)
Table 65. Ag Leader Key News & Latest Developments
List of Figures
Figure 1. Variable Rate Technology (VRT) Segment by Type in 2022
Figure 2. Variable Rate Technology (VRT) Segment by Application in 2022
Figure 3. Global Variable Rate Technology (VRT) Market Overview: 2022
Figure 4. Key Caveats
Figure 5. Global Variable Rate Technology (VRT) Market Size: 2022 VS 2029 (US$, Mn)
Figure 6. Global Variable Rate Technology (VRT) Revenue, 2018-2029 (US$, Mn)
Figure 7. The Top 3 and 5 Players Market Share by Variable Rate Technology (VRT) Revenue in 2022
Figure 8. By Type - Global Variable Rate Technology (VRT) Revenue Market Share, 2018-2029
Figure 9. By Application - Global Variable Rate Technology (VRT) Revenue Market Share, 2018-2029
Figure 10. By Type - Global Variable Rate Technology (VRT) Revenue, (US$, Mn), 2022 & 2029
Figure 11. By Type - Global Variable Rate Technology (VRT) Revenue Market Share, 2018-2029
Figure 12. By Application - Global Variable Rate Technology (VRT) Revenue, (US$, Mn), 2022 & 2029
Figure 13. By Application - Global Variable Rate Technology (VRT) Revenue Market Share, 2018-2029
Figure 14. By Region - Global Variable Rate Technology (VRT) Revenue Market Share, 2018-2029
Figure 15. By Country - North America Variable Rate Technology (VRT) Revenue Market Share, 2018-2029
Figure 16. US Variable Rate Technology (VRT) Revenue, (US$, Mn), 2018-2029
Figure 17. Canada Variable Rate Technology (VRT) Revenue, (US$, Mn), 2018-2029
Figure 18. Mexico Variable Rate Technology (VRT) Revenue, (US$, Mn), 2018-2029
Figure 19. By Country - Europe Variable Rate Technology (VRT) Revenue Market Share, 2018-2029
Figure 20. Germany Variable Rate Technology (VRT) Revenue, (US$, Mn), 2018-2029
Figure 21. France Variable Rate Technology (VRT) Revenue, (US$, Mn), 2018-2029
Figure 22. U.K. Variable Rate Technology (VRT) Revenue, (US$, Mn), 2018-2029
Figure 23. Italy Variable Rate Technology (VRT) Revenue, (US$, Mn), 2018-2029
Figure 24. Russia Variable Rate Technology (VRT) Revenue, (US$, Mn), 2018-2029
Figure 25. Nordic Countries Variable Rate Technology (VRT) Revenue, (US$, Mn), 2018-2029
Figure 26. Benelux Variable Rate Technology (VRT) Revenue, (US$, Mn), 2018-2029
Figure 27. By Region - Asia Variable Rate Technology (VRT) Revenue Market Share, 2018-2029
Figure 28. China Variable Rate Technology (VRT) Revenue, (US$, Mn), 2018-2029
Figure 29. Japan Variable Rate Technology (VRT) Revenue, (US$, Mn), 2018-2029
Figure 30. South Korea Variable Rate Technology (VRT) Revenue, (US$, Mn), 2018-2029
Figure 31. Southeast Asia Variable Rate Technology (VRT) Revenue, (US$, Mn), 2018-2029
Figure 32. India Variable Rate Technology (VRT) Revenue, (US$, Mn), 2018-2029
Figure 33. By Country - South America Variable Rate Technology (VRT) Revenue Market Share, 2018-2029
Figure 34. Brazil Variable Rate Technology (VRT) Revenue, (US$, Mn), 2018-2029
Figure 35. Argentina Variable Rate Technology (VRT) Revenue, (US$, Mn), 2018-2029
Figure 36. By Country - Middle East & Africa Variable Rate Technology (VRT) Revenue Market Share, 2018-2029
Figure 37. Turkey Variable Rate Technology (VRT) Revenue, (US$, Mn), 2018-2029
Figure 38. Israel Variable Rate Technology (VRT) Revenue, (US$, Mn), 2018-2029
Figure 39. Saudi Arabia Variable Rate Technology (VRT) Revenue, (US$, Mn), 2018-2029
Figure 40. UAE Variable Rate Technology (VRT) Revenue, (US$, Mn), 2018-2029
Figure 41. Deere Variable Rate Technology (VRT) Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 42. Trimble Variable Rate Technology (VRT) Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 43. Agco Corporation Variable Rate Technology (VRT) Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 44. Kubota Variable Rate Technology (VRT) Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 45. Yara International Asa Variable Rate Technology (VRT) Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 46. Valmont Industries Variable Rate Technology (VRT) Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 47. Lindsay Corporation Variable Rate Technology (VRT) Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 48. Raven Industries Variable Rate Technology (VRT) Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 49. Ag Leader Variable Rate Technology (VRT) Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
