Variable Rate Technology Market:
According to this study, over the next five years, the global Variable Rate Technology market was valued at $1.45 billion in 2017 and is projected to reach $2.95 billion by 2024, growing at a CAGR of 9.41 from 2017 to 2024. In particular, this report presents the global revenue market share of key companies in the Variable Rate Technology business, shared in Chapter 3.
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 presents a comprehensive overview, market shares and growth opportunities of the Variable Rate Technology market by product type, application, key companies, and key regions.
This study considers the Variable Rate Technology value generated from the sales of the following segments:
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Segmentation by product type: breakdown data from 2014 to 2019 in Section 2.3; and forecast to 2024 in section 10.7.
Soil Sensing VRT
Fertilizer VRT
Yield Monitor VRT
Crop Protection Chemical VRT
Irrigation VRT
Other VRT Types
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 10.8.
Cereals & Grains
Oilseeds & Pulses
Fruits & Vegetables
This report also splits the market by region: Breakdown data in Chapters 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendors/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in Chapter 3.
AGCO Corporation
AG Leader Technology
Aarkay Food Product
CNH Industrial N.V.
Deere & Company
Kubota Corporation
Lindsay Corporation
Raven Industries Inc
Senterra LLC
SST Software
Trimble Inc
Topcon Corporation
Teejet Industries
Valmont Industries
Yara International ASA
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives:
To study and analyze the global Variable Rate Technology market size by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of the Variable Rate Technology market by identifying its various subsegments.
Focuses on the key global Variable Rate Technology players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in the next few years.
To analyze the Variable Rate Technology with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market growth potential, opportunities, drivers, industry-specific challenges and risks.
To project the size of Variable Rate Technology submarkets, with respect to key regions along with their respective key countries.
To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
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