Variable Rate Technology - Global Market Outlook (2018-2027)
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
Table of Contents
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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