Variable rate technology (VRT) market size is valued at USD 3.10 billion by 2028 and is expected to expand at a compound annual growth rate of 9.50% over the forecast period of 2021 to 2028. The favourable government initiative is the factor for the variable rate technology (VRT) market in the forecast period of 2021 to 2028.
Variable rate technology (VRT) allocates any technology which facilitates makers to vary the rate of yield inputs. It is used to assist variable rate application (VRA) of resources in precision agriculture. VRT technology allows lime, fertilizer, chemicals, gypsum, irrigation water and farm inputs to relate at various rates across a field, without physically changing rate settings on apparatus or having to make numerous passes over an area.
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Global Variable Rate Technology (VRT) Market Scope and Market Size
On the basis of product, the variable rate technology (VRT) market is segmented into soil sensing VRT, fertilizer VRT, seeding VRT, crop protection chemical VRT, yield monitor VRT, irrigation VRT and other.
Based on crop type, the variable rate technology (VRT) market is segmented into cereals and grains, oilseeds and pulses, fruits and vegetables and others. Cereals and grains have further been segmented into corn, wheat and others. Oilseeds and pulses have further been segmented into soybean, cotton and others.
On the basis of farm size, the variable rate technology (VRT) market is segmented into large farms, small farms and mid-size farms.
The variable rate technology (VRT) market is also segmented on the basis of offering into hardware, VRT service and VRT software. Hardware is further segmented into GPS/DGPS receivers, handheld computers, sensors, yield monitors and others. VRT service is further segmented into farm operation services, integration and consulting services and others.
Variable Rate Technology (VRT) Market Country Level Analysis
The countries covered in the variable rate technology (VRT) market report are U.S., Canada, Mexico in North America, Germany, Poland, Ireland, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific(APAC) in Asia-Pacific (APAC), Brazil, Argentina, Chile, Rest of South America as a part of South America, U.A.E, Saudi Arabia, Egypt, Kuwait, South Africa, Rest of Middle East and Africa(MEA) as a part of Middle East and Africa(MEA).
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Variable Rate Technology (VRT) Market Share Analysis
Variable rate technology (VRT) market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to variable rate technology (VRT) market.
Key Players-
The major players covered in the variable rate technology (VRT) report are Crop Quest, Inc., Ag Leader Technology, Deere & Company, AGCO Corporation, CROPMETRICS, Trimble Inc., Topcon, Raven Industries, Inc., Lindsay Corporation, Yara, AgJunction, The Climate Corporation, DJI, TeeJet Technologies, Sentera, Inc., AquaSpy Home – AquaSpy, KUBOTA Corporation, Valmont Industries, Inc., 360 Yield Center, and Iteris, Inc., among other domestic and global players.
MAJOR TOC OF THE REPORT
Part One: Variable Rate Technology (VRT) Market Overview
Part Two: Manufacturers Profiles
Part Three: Global Variable Rate Technology (VRT) Market Competition, by Players
Part Four: Global Variable Rate Technology (VRT) Market Size by Regions
Part Five: Global Variable Rate Technology (VRT) Market Revenue by Countries
Part Six: Global Variable Rate Technology (VRT) Market Revenue by Type
Part Seven: Global Variable Rate Technology (VRT) Market Revenue by Application
Part Eight: Global Variable Rate Technology (VRT) Market Revenue by Geography
Part Nine: Global Variable Rate Technology (VRT) Market Revenue by Geography
Part Ten: Global Variable Rate Technology (VRT) Market Revenue by Geography
Part Eleven: Global Variable Rate Technology (VRT) Market Revenue by Geography
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