Report cover image

Variable Rate Technology Market Size - By Component, By Technology, By Crop Type, By Farm Size, By Application - Regional Outlook, Competitive Strategies and Segment Forecast to 2032

Publisher SPER Market Research Pvt. Ltd.
Published Dec 26, 2022
Length 245 Pages
SKU # SPER18001352

Description

Variable Rate Technology Market Size - By Component, By Technology, By Crop Type, By Farm Size, By Application - Regional Outlook, Competitive Strategies and Segment Forecast to 2032


Global Variable Rate Technology Market Overview

According to SPER Market Research, the Global Variable Rate Technology Market is estimated to reach USD 26.07 billion by 2032 with a CAGR of 13.42%. The agricultural variable rate technology market consists of sales of agricultural variable rate technology made by organizations, individuals, and partnerships. With a focus on the automated applications utilized in agriculture, this technological area deals with automated applications. Information about agriculture is gathered via sensors, maps, and GPS.

Impact of COVID-19 on the Global Variable Rate Technology Market

The need for agricultural equipment and related technology has temporarily diminished due to the COVID-19 pandemic epidemic. Because VRT requires little employee involvement and labor prices are rising daily, the agriculture variable rate technology industry has recovered since the epidemic. The pandemic's acute labor shortage, which had a negative impact on overall production, forced farmers to learn the benefits of investing in technologies rather than relying on workers.

Scope of the Report:

Market size available for years 2019-2032
Base year considered 2021
Forecast period 2022-2032

Segments covered By Component, By Technology, By Crop Type, By Farm Size, By Application

Regions covered North America, Europe, Asia Pacific, Latin America, Middle East and Africa

Companies Covered AGCO Corporation, AgJunction, CNH Industrial NV, Deere & Company, Hexagon, Kubota Corporation, Lindsay Corporation, Topcon Corporation,

Global Variable Rate Technology Market Segmentation:

By Technology:Based on the Technology, Global Variable Rate Technology Market is segmented as; Map-based, Sensor-based (Active Optical Sensor VRT, Drone-based VRT, Satellite-based VRT).

By Application:Based on the Application, Global Variable Rate Technology Market is segmented as; Fertilizers (Urea VRT, UAN VRT, NH3 VRT, Other VRT), Crop Protection Chemicals (Herbicides, Fungicides & Bactericides, Insecticides, Nematicides & Others), Soil Sensing, Yield Monitoring, Irrigation, Others.

By Region:The overall market was topped by North America. North America currently controls the majority of the global market for variable rate technology because of the region's tremendous progress in the automation and digitization of agriculture.

Table of Contents

245 Pages
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1 Research data source
2.1.1 Secondary data
2.1.2 Primary data
2.1.3 SPER’s internal database
2.1.4 Premium insight from KOL’s
2.2 Market size estimation
2.2.1 Top-down and Bottom-up approach
2.3 Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges
4.2. COVID-19 Impacts of the Global Variable Rate Technology Market
5. Market variables and outlook
5.1. SWOT analysis
5.1.1 Strengths
5.1.2 Weaknesses
5.1.3 Opportunities
5.1.4 Threats
5.2. PESTEL analysis
5.2.1 Political landscape
5.2.2 Economic landscape
5.2.3 Social landscape
5.2.4 Technological landscape
5.2.5 Environmental landscape
5.2.6 Legal landscape
5.3. PORTER’S five forces analysis
5.3.1 Bargaining power of suppliers
5.3.2 Bargaining power of Buyers
5.3.3 Threat of Substitute
5.3.4 Threat of new entrant
5.3.5 Competitive rivalry
5.4. Heat map analysis
6. Competitive Landscape
6.1 Global Variable Rate Technology Manufacturing Base Distribution, Sales Area, Product Type
6.2 Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Variable Rate Technology Market
7. Global Variable Rate Technology Market, By Component, 2019-2032 (USD Million)
7.1 Hardware
7.1.1 Guidance and Steering systems
7.1.2 Flow and Application Control Devices
7.1.3 GPS/DGPS Receivers
7.1.4 Handheld Mobile Devices/Computers
7.1.5 Yield Monitors
7.1.6 Others
7.2 Services
7.2.1 Farm Operation Service
7.2.2 Integration and Consultation Services
7.3 Software
8. Global Variable Rate Technology Market, By Technology, 2019-2032 (USD Million)
8.1 Map-based
8.2 Sensor-based
8.2.1 Active Optical Sensor VRT
8.2.2 Drone-based VRT
8.2.3 Satellite-based VRT
9. Global Variable Rate Technology Market, By Crop Type, 2019-2032 (USD Million)
9.1 Cereals and Grains
9.1.1 Corn
9.1.2 Wheat
9.1.3 Others
9.2 Fruits and Vegetables
9.3 Oilseeds and Pulses
9.3.1 Soybeans
9.3.2 Cotton
9.3.3 Other
9.4 Others
10. Global Variable Rate Technology Market, By Farm Size, 2019-2032 (USD Million)
10.1 Large Farms
10.2 Mid-Sized Farms
10.3 Small Farms
11. Global Variable Rate Technology Market, By Application, 2019-2032 (USD Million)
11.1 Fertilizers
11.1.1 Urea VRT
11.1.2 UAN VRT
11.1.3 NH3 VRT
11.1.4 Other VRT
11.2 Crop Protection Chemicals
11.2.1 Herbicides
11.2.2 Fungicides & Bactericides
11.2.3 Insecticides
11.2.4 Nematicides & Others
11.3 Soil Sensing
11.4 Yield Monitoring
11.5 Irrigation
11.6 Others
12. Global Variable Rate Technology Market, By Region, 2019-2032 (USD Million)
12.1 Global Variable Rate Technology Size and Market Share by Region (2019-2025)
12.2 Global Variable Rate Technology Size and Market Share by Region (2026-2032)
12.3 Asia-Pacific
12.3.1 Australia
12.3.2 China
12.3.3 India
12.3.4 Japan
12.3.5 South Korea
12.3.6 Rest of Asia-Pacific
12.4 Europe
12.4.1 France
12.4.2 Germany
12.4.3 Italy
12.4.4 Spain
12.4.5 United Kingdom
12.4.6 Rest of Europe
12.5 Middle East & Africa
12.5.1 Kingdom of Saudi Arabia
12.5.2 United Arab Emirates
12.5.3 Rest of Middle East & Africa
12.6 North America
12.6.1 Canada
12.6.2 Mexico
12.6.3 United States
12.7 South America
12.7.1 Argentina
12.7.2 Brazil
12.7.3 Rest of South America
13. Company Profiles
13.1 AGCO Corporation
13.1.1 Company details
13.1.2 Financial outlook
13.1.3 Product summary
13.1.4 Recent developments
13.2 AgJunction
13.2.1 Company details
13.2.2 Financial outlook
13.2.3 Product summary
13.2.4 Recent developments
13.3 CNH Industrial NV
13.3.1 Company details
13.3.2 Financial outlook
13.3.3 Product summary
13.3.4 Recent developments
13.4 Deere & Company
13.4.1 Company details
13.4.2 Financial outlook
13.4.3 Product summary
13.4.4 Recent developments
13.5 Hexagon
13.5.1 Company details
13.5.2 Financial outlook
13.5.3 Product summary
13.5.4 Recent developments
13.6 Kubota Corporation
13.6.1 Company details
13.6.2 Financial outlook
13.6.3 Product summary
13.6.4 Recent developments
13.7 Lindsay Corporation
13.7.1 Company details
13.7.2 Financial outlook
13.7.3 Product summary
13.7.4 Recent developments
13.8 Topcon Corporation
13.8.1 Company details
13.8.2 Financial outlook
13.8.3 Product summary
13.8.4 Recent developments
13.9 Trimble Inc.
13.9.1 Company details
13.9.2 Financial outlook
13.9.3 Product summary
13.9.4 Recent developments
13.10 Valmont Industries, Inc.
13.10.1 Company details
13.10.2 Financial outlook
13.10.3 Product summary
13.10.4 Recent developments
13.11 Yara International
13.11.1 Company details
13.11.2 Financial outlook
13.11.3 Product summary
13.11.4 Recent developments
14. List of Abbreviations
15. Reference Links
16. Conclusion
17. Research Scope

Pricing

Currency Rates
How Do Licenses Work?

How Do Licenses Work?

The primary function of a report license is to define how many people within a company are authorized to use the purchased report. This is separate to how a report might be delivered. Unless specifically identified otherwise, the purchase option is Single User. Below is a helpful description of that license, along with a sampling of others most commonly offered.

  • This license allows only one user to have access to and to use/read the report. It is not one user at a time or one user group; it is an individual who will be reading and utilizing the report.

  • This license allows for the entire purchasing company to read and use the report. This is the license level that would allow for a report to be placed on an internal company shared drive for access by all employees of that direct company. This license does not extend to parent or sister company use.

  • This license is designed to allow an entire department within a company full access to a report. The departmental license is a great option for companies that have more than one location and the department is spread out all over the country/world

  • This license is for companies that have one location where they want the report to be accessible by all employees within that physical location.

  • This is the most flexible of the licensing options. Some publishers will allow you to get a license for a preset number of people (typically 5). These licenses are ideal for small work groups.

License options are at the discretion of each publisher. As such, not all licenses indicated above are available for every product. If you are uncertain of the best license for your needs or would like a license that is not proactively available, please contact us and we will be happy to assist.

Request A Sample
Head shot

Questions or Comments?

Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
Chat Now
Contact Us