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Variable Rate Technology Market

Variable Rate Technology - Global Market Outlook (2018-2027)

4.8 (83 reviews)
Published: December 2019 ID: SMRC18776
4.8 (83 reviews)
Published: December 2019 ID: SMRC18776

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Variable Rate Technology Market is accounted for  $1.44 billion in 2018 and is expected to reach $3.80 billion by 2027 growing at a CAGR of 11.4% during the forecast period. Increasing knowledge about the economic advantages of variable rate application implementation, increased availability of VRT, and rising adoption of digital technologies in the farming sector are the key factors driving the market growth. However, the lack of daily operational decision support may restrain the market growth.

Variable Rate Technology (VRT) can be defined as any tool or system that permits changing the rate of crop inputs such as fertilizers, and crop protection chemicals according to the sensed or mapped crop features.

By Crop Type, Cereals & Grains segment is likely to have a huge demand. The segment includes crops such as wheat and corn, which are extensively cultivated across the globe for food and use in animal feed. Wheat is among the most dominant crops grown worldwide and corn is widely used for animal feed. Thus, the use of VRT is the highest in this segment. By geography, North America is going to have a lucrative growth during the forecast period as the growth in automation and digitization of agriculture is providing new business models for this market. 

Some of the key players profiled in the Variable Rate Technology Market include Kubota Corporation, Topcon Corporation, Deere & Company, Valmont Industries Inc, AG Leader Technology, Yara International ASA, Agco Corporation, Lindsay Corporation, CNH Industrial N.V., Trimble Inc, Raven Industries Inc, SZ DJI Technology Co Ltd, CropMetrics, Iteris Inc, Agribotix LLC, and Aquaspy Inc.

Offerings Covered:
• Software
• Hardware
• Service   

Farm Sizes Covered:
• Small Farms
• Mid-Size Farms
• Large Farms

Types Covered:
• Seeding Variable Rate Technology 
• Crop Protection Chemical Variable Rate Technology 
• Irrigation Variable Rate Technology 
• Soil Sensing Variable Rate Technology 
• Fertilizer Variable Rate Technology 
• Yield Monitor Variable Rate Technology 
• Other Variable Rate Technology Types 

Crop Types Covered:
• Fruits & Vegetables
• Oilseeds & Pulses
• Cereals & Grains
• Other Crop Types

Applications Covered:
• Sensor-based Variable Rate Technology
• Map-based Variable Rate Technology 

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan        
o China        
o India        
o Australia  
o New Zealand      
o South Korea       
o Rest of Asia Pacific    
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa 
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2017, 2018, 2019, 2023 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings: 
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

1 Executive Summary     
       
2 Preface 
    
 2.1 Abstract     
 2.2 Stake Holders    
 2.3 Research Scope    
 2.4 Research Methodology   
  2.4.1 Data Mining   
  2.4.2 Data Analysis   
  2.4.3 Data Validation   
  2.4.4 Research Approach   
 2.5 Research Sources    
  2.5.1 Primary Research Sources  
  2.5.2 Secondary Research Sources  
  2.5.3 Assumptions   
       
3 Market Trend Analysis    
 3.1 Introduction    
 3.2 Drivers     
 3.3 Restraints    
 3.4 Opportunities    
 3.5 Threats     
 3.6 Application Analysis   
 3.7 Emerging Markets    
 3.8 Futuristic Market Scenario   
       
4 Porters Five Force Analysis    
 4.1 Bargaining power of suppliers   
 4.2 Bargaining power of buyers   
 4.3 Threat of substitutes   
 4.4 Threat of new entrants   
 4.5 Competitive rivalry    
       
5 Global Variable Rate Technology Market, By Offering 
 5.1 Introduction    
 5.2 Software     
 5.3 Hardware    
  5.3.1 Sensors    
  5.3.2 Yield Monitors   
  5.3.3 Handheld Computers  
  5.3.4 Global Positioning System/Differential Global Positioning System Receivers
  5.3.5 Other Hardwares   
 5.4 Service     
  5.4.1 Integration & Consulting Services 
  5.4.2 Farm Operation Services  
  5.4.3 Other Services   
       
6 Global Variable Rate Technology Market, By Farm Size 
 6.1 Introduction    
 6.2 Small Farms    
 6.3 Mid-Size Farms    
 6.4 Large Farms    
       
7 Global Variable Rate Technology Market, By Type  
 7.1 Introduction    
 7.2 Seeding Variable Rate Technology  
 7.3 Crop Protection Chemical Variable Rate Technology
 7.4 Irrigation Variable Rate Technology  
 7.5 Soil Sensing Variable Rate Technology  
 7.6 Fertilizer Variable Rate Technology  
 7.7 Yield Monitor Variable Rate Technology  
 7.8 Other Variable Rate Technology Types  
  7.8.1 Weed Control Variable Rate Technology 
  7.8.2 Lime Variable Rate Technology 
       
8 Global Variable Rate Technology Market, By Crop Type 
 8.1 Introduction    
 8.2 Fruits & Vegetables    
 8.3 Oilseeds & Pulses    
  8.3.1 Cotton    
  8.3.2 Soybean    
  8.3.3 Other Oilseeds & Pulses  
 8.4 Cereals & Grains    
  8.4.1 Wheat    
  8.4.2 Corn    
  8.4.3 Other Cereals & Grains  
 8.5 Other Crop Types    
  8.5.1 Fiber Crops   
  8.5.2 Turf & Ornamentals   
  8.5.3 Silage & Forage Crops  
  8.5.4 Plantation Crops   
       
9 Global Variable Rate Technology Market, By Application 
 9.1 Introduction    
 9.2 Sensor-based Variable Rate Technology  
 9.3 Map-based Variable Rate Technology  
       
10 Global Variable Rate Technology Market, By Geography 
 10.1 Introduction    
 10.2 North America    
  10.2.1 US    
  10.2.2 Canada    
  10.2.3 Mexico    
 10.3 Europe     
  10.3.1 Germany    
  10.3.2 UK    
  10.3.3 Italy    
  10.3.4 France    
  10.3.5 Spain    
  10.3.6 Rest of Europe   
 10.4 Asia Pacific    
  10.4.1 Japan    
  10.4.2 China    
  10.4.3 India    
  10.4.4 Australia    
  10.4.5 New Zealand   
  10.4.6 South Korea   
  10.4.7 Rest of Asia Pacific   
 10.5 South America    
  10.5.1 Argentina   
  10.5.2 Brazil    
  10.5.3 Chile    
  10.5.4 Rest of South America  
 10.6 Middle East & Africa   
  10.6.1 Saudi Arabia   
  10.6.2 UAE    
  10.6.3 Qatar    
  10.6.4 South Africa   
  10.6.5 Rest of Middle East & Africa  
       
11 Key Developments     
 11.1 Agreements, Partnerships, Collaborations and Joint Ventures
 11.2 Acquisitions & Mergers   
 11.3 New Product Launch   
 11.4 Expansions    
 11.5 Other Key Strategies   
       
12 Company Profiling     
 12.1 Kubota Corporation    
 12.2 Topcon Corporation    
 12.3 Deere & Company    
 12.4 Valmont Industries Inc   
 12.5 AG Leader Technology   
 12.6 Yara International ASA   
 12.7 Agco Corporation    
 12.8 Lindsay Corporation    
 12.9 CNH Industrial N.V.    
 12.10 Trimble Inc    
 12.11 Raven Industries Inc   
 12.12 SZ DJI Technology Co Ltd   
 12.13 CropMetrics    
 12.14 Iteris Inc     
 12.15 Agribotix LLC    
 12.16 Aquaspy Inc    


List of Tables      
1 Global Variable Rate Technology Market Outlook, By Region (2017-2027) ($MN)
2 Global Variable Rate Technology Market Outlook, By Offering (2017-2027) ($MN)
3 Global Variable Rate Technology Market Outlook, By Software (2017-2027) ($MN)
4 Global Variable Rate Technology Market Outlook, By Hardware (2017-2027) ($MN)
5 Global Variable Rate Technology Market Outlook, By Sensors (2017-2027) ($MN)
6 Global Variable Rate Technology Market Outlook, By Yield Monitors (2017-2027) ($MN)
7 Global Variable Rate Technology Market Outlook, By Handheld Computers (2017-2027) ($MN)
8 Global Variable Rate Technology Market Outlook, By Global Positioning System/Differential Global Positioning System Receivers (2017-2027) ($MN)
9 Global Variable Rate Technology Market Outlook, By Other Hardwares (2017-2027) ($MN)
10 Global Variable Rate Technology Market Outlook, By Service (2017-2027) ($MN)
11 Global Variable Rate Technology Market Outlook, By Integration & Consulting Services (2017-2027) ($MN)
12 Global Variable Rate Technology Market Outlook, By Farm Operation Services (2017-2027) ($MN)
13 Global Variable Rate Technology Market Outlook, By Other Services (2017-2027) ($MN)
14 Global Variable Rate Technology Market Outlook, By Farm Size (2017-2027) ($MN)
15 Global Variable Rate Technology Market Outlook, By Small Farms (2017-2027) ($MN)
16 Global Variable Rate Technology Market Outlook, By Mid-Size Farms (2017-2027) ($MN)
17 Global Variable Rate Technology Market Outlook, By Large Farms (2017-2027) ($MN)
18 Global Variable Rate Technology Market Outlook, By Type (2017-2027) ($MN)
19 Global Variable Rate Technology Market Outlook, By Seeding Variable Rate Technology (2017-2027) ($MN)
20 Global Variable Rate Technology Market Outlook, By Crop Protection Chemical Variable Rate Technology (2017-2027) ($MN)
21 Global Variable Rate Technology Market Outlook, By Irrigation Variable Rate Technology (2017-2027) ($MN)
22 Global Variable Rate Technology Market Outlook, By Soil Sensing Variable Rate Technology (2017-2027) ($MN)
23 Global Variable Rate Technology Market Outlook, By Fertilizer Variable Rate Technology (2017-2027) ($MN)
24 Global Variable Rate Technology Market Outlook, By Yield Monitor Variable Rate Technology (2017-2027) ($MN)
25 Global Variable Rate Technology Market Outlook, By Other Variable Rate Technology Types (2017-2027) ($MN)
26 Global Variable Rate Technology Market Outlook, By Weed Control Variable Rate Technology (2017-2027) ($MN)
27 Global Variable Rate Technology Market Outlook, By Lime Variable Rate Technology (2017-2027) ($MN)
28 Global Variable Rate Technology Market Outlook, By Crop Type (2017-2027) ($MN)
29 Global Variable Rate Technology Market Outlook, By Fruits & Vegetables (2017-2027) ($MN)
30 Global Variable Rate Technology Market Outlook, By Oilseeds & Pulses (2017-2027) ($MN)
31 Global Variable Rate Technology Market Outlook, By Cotton (2017-2027) ($MN)
32 Global Variable Rate Technology Market Outlook, By Soybean (2017-2027) ($MN)
33 Global Variable Rate Technology Market Outlook, By Other Oilseeds & Pulses (2017-2027) ($MN)
34 Global Variable Rate Technology Market Outlook, By Cereals & Grains (2017-2027) ($MN)
35 Global Variable Rate Technology Market Outlook, By Wheat (2017-2027) ($MN)
36 Global Variable Rate Technology Market Outlook, By Corn (2017-2027) ($MN)
37 Global Variable Rate Technology Market Outlook, By Other Cereals & Grains (2017-2027) ($MN)
38 Global Variable Rate Technology Market Outlook, By Other Crop Types (2017-2027) ($MN)
39 Global Variable Rate Technology Market Outlook, By Fiber Crops (2017-2027) ($MN)
40 Global Variable Rate Technology Market Outlook, By Turf & Ornamentals (2017-2027) ($MN)
41 Global Variable Rate Technology Market Outlook, By Silage & Forage Crops (2017-2027) ($MN)
42 Global Variable Rate Technology Market Outlook, By Plantation Crops (2017-2027) ($MN)
43 Global Variable Rate Technology Market Outlook, By Application (2017-2027) ($MN)
44 Global Variable Rate Technology Market Outlook, By Sensor-based Variable Rate Technology (2017-2027) ($MN)
45 Global Variable Rate Technology Market Outlook, By Map-based Variable Rate Technology (2017-2027) ($MN)
       
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.

 

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