Agricultural Variable Rate Technology  Device market

Agricultural Variable Rate Technology (VRT) Device Market, Global Outlook and Forecast 2022-2028

  • 14 September 2022
  • Agriculture
  • 100 Pages
  • Report code : PMR-7350937

  • 4.7 (158)

Agricultural Variable Rate Technology Device Market

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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.

Agricultural Variable Rate Technology Device Market 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, 2017-2022, 2023-2028, ($ millions)

Global top five companies in 2021 (%)

The global Agricultural Variable Rate Technology (VRT) Device 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.

Guidance and Steering Devices Segment to Reach $ Million by 2028, 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 2021, 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, 2017-2022, 2023-2028 ($ millions)

Global Agricultural Variable Rate Technology (VRT) Device Market Segment Percentages, by Type, 2021 (%)

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, 2017-2022, 2023-2028 ($ millions)

Global Agricultural Variable Rate Technology (VRT) Device Market Segment Percentages, by Application, 2021 (%)

Seeding

Irrigation

Fertilizer

Crop Protection Chemical

Others

Global Agricultural Variable Rate Technology (VRT) Device Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)

Global Agricultural Variable Rate Technology (VRT) Device 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) Device revenues in global market, 2017-2022 (estimated), ($ millions)

Key companies Agricultural Variable Rate Technology (VRT) Device 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

Valmont Industries

Lindsay Corporation

Hexagon

AgJunction

Teejet Technologies

AG Leader Technology

The Climate Corporation

SZ DJI Technology

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