Agricultural Variable Rate Technology (VRT) Device Market, Global Outlook and Forecast 2023-2030
VRT is the ability to vary the amount of fertilizer or other farm inputs, based on variations in the soil or crop.
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 aims to provide a comprehensive presentation of the global market for Agricultural Variable Rate Technology (VRT) Device, 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 Agricultural Variable Rate Technology (VRT) Device. This report contains market size and forecasts of Agricultural Variable Rate Technology (VRT) Device in global, including the following market information:
Global Agricultural Variable Rate Technology (VRT) Device Market Revenue, 2018-2023, 2024-2030, ($ millions)
Global top five companies in 2022 (%)
The global Agricultural Variable Rate Technology (VRT) Device 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.
The U.S. Market is Estimated at $ Million in 2022, While China is to reach $ Million.
Guidance and Steering Devices Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Agricultural Variable Rate Technology (VRT) Device include Deere & Company, Trimble, AGCO Corporation, Topcon Corporation, CNH Industrial NV, Kubota Corporation, Yara International, Valmont Industries and Lindsay Corporation, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Agricultural Variable Rate Technology (VRT) Device 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) Device Market, by Type, 2018-2023, 2024-2030 ($ millions)
Global Agricultural Variable Rate Technology (VRT) Device Market Segment Percentages, by Type, 2022 (%)
Guidance and Steering Devices
Flow and Application Control Devices
GPS/ DGPS Receivers
Yield Monitors
Sensors
Displays
Global Agricultural Variable Rate Technology (VRT) Device Market, by Application, 2018-2023, 2024-2030 ($ millions)
Global Agricultural Variable Rate Technology (VRT) Device Market Segment Percentages, by Application, 2022 (%)
Seeding
Irrigation
Fertilizer
Crop Protection Chemical
Others
Global Agricultural Variable Rate Technology (VRT) Device Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions)
Global Agricultural Variable Rate Technology (VRT) Device 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 Agricultural Variable Rate Technology (VRT) Device revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Agricultural Variable Rate Technology (VRT) Device revenues share in global market, 2022 (%)
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
Valmont Industries
Lindsay Corporation
Hexagon
AgJunction
Teejet Technologies
AG Leader Technology
The Climate Corporation
SZ DJI Technology
Outline of Major Chapters:
Chapter 1: Introduces the definition of Agricultural Variable Rate Technology (VRT) Device, market overview.
Chapter 2: Global Agricultural Variable Rate Technology (VRT) Device market size in revenue.
Chapter 3: Detailed analysis of Agricultural Variable Rate Technology (VRT) Device 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 Agricultural Variable Rate Technology (VRT) Device 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.
