Variable Rate Technology (VRT) Market Global Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2021 to 2027
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.
Variable Rate Technology (VRT) market size is projected to reach US$ 1485.8 million by 2026, from US$ 1402.8 million in 2020, at a CAGR of 5 during 2021-2027.
The following players are covered in this report:
- Deere
- Trimble
- Agco Corporation
- Kubota
- Yara International Asa
- Valmont Industries
- Lindsay Corporation
- Raven Industries
- Ag Leader
Variable Rate Technology (VRT) Breakdown Data by Type
- Fertilizer VRT
- Crop Protection Chemical VRT
- Soil Sensing VRT
- Seeding VRT
- Yield Monitor VRT
- Irrigation VRT
Variable Rate Technology (VRT) Breakdown Data by Application
- Cereals & Grains
- Oilseeds & Pulses
- Fruits & Vegetables
Scope of the Report
The research study analyzes the global Variable Rate Technology (VRT) industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Variable Rate Technology (VRT) Market Report
1. What was the Variable Rate Technology (VRT) Market size in 2018 and 2019; what are the estimated growth trends and market forecast (2021-2027). 2. What will be the CAGR of Variable Rate Technology (VRT) Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2018? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Variable Rate Technology (VRT) Market was the market leader in 2018?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report will be delivered within 48-72 hours after payment confirmation