As the global economy mends, the 2021 growth of Variable Rate Technology (VRT) will have significant change from previous year. According to our (LP Information) latest study, the global Variable Rate Technology (VRT) market size is USD million in 2022 from USD 1409.9 million in 2021, with a change of % between 2021 and 2022. The global Variable Rate Technology (VRT) market size will reach USD 2079.1 million in 2028, growing at a CAGR of 5.7% over the analysis period.
The United States Variable Rate Technology (VRT) market is expected at value of US$ million in 2021 and grow at approximately % CAGR during review period. China constitutes a % market for the global Variable Rate Technology (VRT) market, reaching US$ million by the year 2028. As for the Europe Variable Rate Technology (VRT) landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period. In APAC, the growth rates of other notable markets (Japan and South Korea) are projected to be at % and % respectively for the next 5-year period.
Global main Variable Rate Technology (VRT) players cover Deere, Trimble, Agco Corporation, and Kubota, etc. In terms of revenue, the global largest two companies occupy a share nearly % in 2021.
This report presents a comprehensive overview, market shares, and growth opportunities of Variable Rate Technology (VRT) market by product type, application, key players and key regions and countries.
Segmentation by type: breakdown data from 2017 to 2022 in Section 2.3; and forecast to 2028 in section 10.7.
Fertilizer VRT
Crop Protection Chemical VRT
Soil Sensing VRT
Seeding VRT
Yield Monitor VRT
Irrigation VRT
Others
Segmentation by application: breakdown data from 2017 to 2022, in Section 2.4; and forecast to 2028 in section 10.8.
Cereals & Grains
Oilseeds & Pulses
Fruits & Vegetables
Others
This report also splits the market by region: Breakdown data in Chapter 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
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 players in the market. The key players covered in this report: Breakdown data in in Chapter 3.
Deere
Trimble
Agco Corporation
Kubota
Yara International Asa
Valmont Industries
Lindsay Corporation
Raven Industries
Ag Leader