Global Agricultural Variable Rate Technology Market
Global agriculture variable rate technology market is expected to reach USD 12,200,201.84 thousand by 2031 from USD 4,628,377.72 thousand in 2023, growing with a CAGR of 13.1% in the forecast period of 2024 to 2031.
Market Segmentation:
Global Agricultural Variable Rate Technology Market, By Offering (Hardware, Software, and Services), Application (Fertilizer VRT, Seeding VRT, Crop Protection Chemical VRT, Irrigation VRT, Yield Monitoring, and Others), Type (Map-Based VRT and Sensor Based VRT), Farm Size (Large Farm, Mid-Sized Farm, and Small Farm) Crop Type (Cereals & Grains, Fruits & Vegetables, Oilseed & Pulses, and Others), By Countries (U.S., Canada, Italy, France, Germany, Spain, Poland, Netherlands, Romania, Denmark, Belgium, Greece, Hungary, Portugal, Ireland, Austria, Czechia, Sweden, Bulgaria, Finland, Croatia, Lithuania, Slovakia, Latvia, Slovenia, Cyprus, Estonia, Luxembourg, Malta and Non-EU Europe, China, Australia, Japan, South Korea, India, New Zealand, Taiwan, Singapore, Malaysia, Thailand, Vietnam, Indonesia, Philippines, and Rest of Asia-Pacific, Brazil, Argentina, Mexico, and Rest of Latin America, Saudi Arabia, South Africa, Egypt, Bahrain, Oman, Israel, Kuwait, Qatar, U.A.E., rest of Middle East and Africa)- Industry Trends and Forecast to 2031
Overview of Global Agricultural Variable Rate Technology Market Dynamics :
Driver
• Growing global population and food demand are fuelling the adoption of Vrt
Restraint
• cyber security concerns regarding smart agriculture technology
Opportunity
• Advancement in technology development in Vrt
Challenge
• High initial investment cost for implementing Vrt systems
Market Players:
The key market players operating in the global agriculture variable rate technology market are listed below:
• Deere & Company
• Trimble Inc
• Topcon
• KUBOTA Corporation.,
• Yara, Sensoterra ,
• Lindsay Corporation.
• Valmont Industries, Inc.,
• Hexagon AB,
• CaroVail, Inc.,
• Raven
• industries INC,
• Cropin technology solution private ltd,
• AGRIVI, Taranis
• Droned Deploy,
• EOS Data Analytics,Inc. ,
• AgJunction LLC,
• TeeJet Technologies,
• Falcon Soil Technologies ,
• AgReliant Genetics, LLC.
• VRTSolutions,
• 4AgTech LLC.,
• Climate LLC. ,
• Crop Quest, Inc.
• FRONTIER AGRICULTURE LTD .
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