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Global VRT Technology Market Size & Share to 2027

Publisher QualiKet Research
Published Apr 29, 2022
Length 193 Pages
SKU # QUA17148547

Description

Global VRT Technology Market Size & Share to 2027

Global VRT Technology Market Size, Trends & Growth Opportunity, By Crop Type (Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables, and Others,),By Offerings (Hardware, Software, and Service), By Application Method (Sensor Based VRT, and Map Based VRT),By Farm Size, By Application, By Region and Forecast till 2027

Global VRT Technology Market

VRT technology is referred as Variable –Rate Technology which facilitates procedures to vary the rate of yield inputs. This technology is used to accelerate VRA (variable Rate Application) of resources in precision farming. VRT technology combines a variable rate control system with variable rate application equipment to apply inputs of a precise time or location to achieve site specific application rates of inputs.

Market Drivers

Favorable government initiatives for adoption of modern agricultural techniques which expected to boost the global VRT technology market growth. Furthermore, the rise in average age of farmers in developed countries will positively influence the market growth. Also, improved efficiency and productivity through improved crop yields with field quality will support the market growth during this forecast period. Moreover, growing integration of smartphones with agricultural hardware and software applications expected to drive the global VRT technology market growth. In addition, VRT services provided by leading players in developing economies will fuel the market growth.

Market Restraints

High initial capital investment is the major challenging factor which expected to hinder the global VRT technology market growth. Also, lack of technical awareness and understanding regarding advantages of VRT over traditional farming practices may affect the market growth.

Market Segmentation

The Global VRT Technology Market is segmented into crop type such as Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables, and Others, by offerings such as Hardware, Software, and Service, by application method such as Sensor Based VRT, and Map Based VRT, by Farm Size such as Large Farms, Small Farms, and Mid-Size Farms. Further, market is segmented into application such as Fertilizer VRT, Soil Sensing VRT, Seeding VRT, Crop Protection Chemical VRT, Irrigation VRT, and Others.

Also, the Global VRT Technology Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.

Market Key Players

Various key players are discussed in this report such as AGCO Corporation, Aarkay Food Product, Yara International Asa, SST Software, Raven Industries Inc, Lindsay Corporation, Kubota Corporation, Deere and Company, CNH Industrial N.V., etc.

Market Segmentation

By Crop Type
  • Cereals & Grains
  • Oilseeds & Pulses
  • Fruits & Vegetables
  • Others
By Offerings
  • Hardware
  • Software
  • Service
By Application Method
  • Sensor Based VRT
  • Map Based VRT
By Farm Size
  • Large Farms
  • Small Farms
  • Mid-Size Farms
By Application
  • Fertilizer VRT
  • Soil Sensing VRT
  • Seeding VRT
  • Crop Protection Chemical VRT
  • Irrigation VRT
  • Others
By Region
  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East & Africa
Key Questions Addressed by the Report
  • What are the Key Opportunities in Global VRT Technology Market?
  • What will be the growth rate from 2019 to 2027?
  • Which segment/region will have highest growth?
  • What are the factors that will impact/drive the Market?
  • What is the competitive Landscape in the Industry?
  • What is the role of key players in the value chain?
  • What are the strategies adopted by key players?

Table of Contents

193 Pages
1 Introduction
1.1 Objective of the Study
1.2 Market Definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global VRT Technology Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global VRT Technology Market, By Crop Type
5.1 Y-o-Y Growth Comparison, By Crop Type
5.2 Global VRT Technology Market Share Analysis, By Crop Type
5.3 Global VRT Technology Market Size and Forecast, By Crop Type
5.3.1 Cereals & Grains
5.3.2 Oilseeds & Pulses
5.3.3 Fruits & Vegetables
5.3.4 Others
6 Global VRT Technology Market, By Offerings
6.1 Y-o-Y Growth Comparison, By Offerings
6.2 Global VRT Technology Market Share Analysis, By Offerings
6.3 Global VRT Technology Market Size and Forecast, By Offerings
6.3.1 Hardware
6.3.2 Software
6.3.3 Service
7 Global VRT Technology Market, By Application Method
7.1 Y-o-Y Growth Comparison, By Application Method
7.2 Global VRT Technology Market Share Analysis, By Application Method
7.3 Global VRT Technology Market Size and Forecast, By Application Method
7.3.1 Sensor Based VRT
7.3.2 Map Based VRT
8 Global VRT Technology Market, By Farm Size
8.1 Y-o-Y Growth Comparison, By Farm Size
8.2 Global VRT Technology Market Share Analysis, By Farm Size
8.3 Global VRT Technology Market Size and Forecast, By Farm Size
8.3.1 Large Farms
8.3.2 Small Farms
8.3.3 Mid-Size Farms
9 Global VRT Technology Market, By Application
9.1 Y-o-Y Growth Comparison, By Application
9.2 Global VRT Technology Market Share Analysis, By Application
9.3 Global VRT Technology Market Size and Forecast, By Application
9.3.1 Fertilizer VRT
9.3.2 Soil Sensing VRT
9.3.3 Seeding VRT
9.3.4 Crop Protection Chemical VRT
9.3.5 Irrigation VRT
9.3.6 Others
10 Global VRT Technology Market, By Region
10.1 Global VRT Technology Market Share Analysis, By Region
10.2 Global VRT Technology Market Share Analysis, By Region
10.3 Global VRT Technology Market Size and Forecast, By Region
11 North America VRT Technology Analysis and Forecast (2020 – 2027)
11.1 Introduction
11.2 North America VRT Technology Product Market Share Analysis, By Crop Type
11.3 North America VRT Technology Product Market Size and Forecast, By Offerings
11.4 North America VRT Technology Product Market Size and Forecast, By Application Method
11.5 North America VRT Technology Product Market Size and Forecast, By Farm Size
11.6 North America VRT Technology Product Market Size and Forecast, By Application
11.7 North America VRT Technology Product Market Size and Forecast, By Country
11.7.1 U.S.
11.7.2 Canada
11.7.3 Mexico
12 Europe VRT Technology Market Analysis and Forecast (2020 – 2027)
12.1 Introduction
12.2 Europe VRT Technology Product Market Share Analysis, By Crop Type
12.3 Europe VRT Technology Product Market Size and Forecast, By Offerings
12.4 Europe VRT Technology Product Market Size and Forecast, By Application Method
12.5 Europe VRT Technology Product Market Size and Forecast, By Farm Size
12.6 Europe VRT Technology Product Market Size and Forecast, By Application
12.7 Europe VRT Technology Product Market Size and Forecast, By Country
12.7.1 Germany
12.7.2 France
12.7.3 UK
12.7.4 Rest of Europe
13 Asia Pacific VRT Technology Market Analysis and Forecast (2020 – 2027)
13.1 Introduction
13.2 Asia Pacific VRT Technology Product Market Share Analysis, By Crop Type
13.3 Asia Pacific VRT Technology Product Market Size and Forecast, By Offerings
13.4 Asia Pacific VRT Technology Product Market Size and Forecast, By Application Method
13.5 Asia Pacific VRT Technology Product Market Size and Forecast, By Farm Size
13.6 Asia Pacific VRT Technology Product Market Size and Forecast, By Application
13.7 Asia Pacific VRT Technology Product Market Size and Forecast, By Country
13.7.1 China
13.7.2 Japan
13.7.3 India
13.7.4 Rest of Asia Pacific
14 Latin America VRT Technology Market Analysis and Forecast (2020 – 2027)
14.1 Introduction
14.2 Latin America VRT Technology Product Market Share Analysis, By Crop Type
14.3 Latin America VRT Technology Product Market Size and Forecast, By Offerings
14.4 Latin America VRT Technology Product Market Size and Forecast, By Application Method
14.5 Latin America VRT Technology Product Market Size and Forecast, By Farm Size
14.6 Latin America VRT Technology Product Market Size and Forecast, By Application
14.7 Latin America VRT Technology Product Market Size and Forecast, By Country
15 Middle East VRT Technology Market Analysis and Forecast (2020 – 2027)
15.1 Introduction
15.2 Middle East VRT Technology Product Market Share Analysis, By Crop Type
15.3 Middle East VRT Technology Product Market Size and Forecast, By Offerings
15.4 Middle East VRT Technology Product Market Size and Forecast, By Application Method
15.5 Middle East VRT Technology Product Market Size and Forecast, By Farm Size
15.6 Middle East VRT Technology Product Market Size and Forecast, By Application
15.7 Middle East VRT Technology Product Market Size and Forecast, By Country
16 Competitive Analysis
16.1 Competition Dashboard
16.2 Market share Analysis of Top Vendors
16.3 Key Development Strategies
17 Company Profiles
17.1 AGCO Corporation
17.1.1 Overview
17.1.2 Offerings
17.1.3 Key Financials
17.1.4 Business Segment & Geographic Overview
17.1.5 Key Market Developments
17.1.6 Key Strategies
17.2 Aarkay Food Product
17.2.1 Overview
17.2.2 Offerings
17.2.3 Key Financials
17.2.4 Business Segment & Geographic Overview
17.2.5 Key Market Developments
17.2.6 Key Strategies
17.3 Yara International Asa
17.3.1 Overview
17.3.2 Offerings
17.3.3 Key Financials
17.3.4 Business Segment & Geographic Overview
17.3.5 Key Market Developments
17.3.6 Key Strategies
17.4 SST Software
17.4.1 Overview
17.4.2 Offerings
17.4.3 Key Financials
17.4.4 Business Segment & Geographic Overview
17.4.5 Key Market Developments
17.4.6 Key Strategies
17.5 Raven Industries Inc
17.5.1 Overview
17.5.2 Offerings
17.5.3 Key Financials
17.5.4 Business Segment & Geographic Overview
17.5.5 Key Market Developments
17.5.6 Key Strategies
17.6 Lindsay Corporation
17.6.1 Overview
17.6.2 Offerings
17.6.3 Key Financials
17.6.4 Business Segment & Geographic Overview
17.6.5 Key Market Developments
17.6.6 Key Strategies
17.7 Kubota Corporation
17.7.1 Overview
17.7.2 Offerings
17.7.3 Key Financials
17.7.4 Business Segment & Geographic Overview
17.7.5 Key Market Developments
17.7.6 Key Strategies
17.8 Deere and Company
17.8.1 Overview
17.8.2 Offerings
17.8.3 Key Financials
17.8.4 Business Segment & Geographic Overview
17.8.5 Key Market Developments
17.8.6 Key Strategies
17.9 CNH Industrial N.V
17.9.1 Overview
17.9.2 Offerings
17.9.3 Key Financials
17.9.4 Business Segment & Geographic Overview
17.9.5 Key Market Developments
17.9.6 Key Strategies

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