Global Agricultural Variable Rate TechnologyMarket Size study, by Offering (Hardware, Variable Rate Software, Variable Rate Services), b y Type ( Fertilizer VRT, Crop Protection Chemical VRT, Soil Sensing, Seeding VRT, Yield Monitoring, Irrigation VRT), By Crop Type (Cereals and Grains, Oilseeds & Pulses, Fruits & Vegetables), by Application Method ( Map-based VRT, Sensor-based VRT,), by Application Fit ( Fertilizers, Crop Protection Chemicals, Other application fit) and Regional Forecasts 2022-2028
- BIZ4957000
- 200 Pages
- May 2022
- Food and Beverages
According to the United Nations' median prediction, the world's population will expand to roughly 8.5 billion by 2030, thereby increasing worldwide demand for food and water. However, there is tremendous expansion in agriculture, yet remaining landmass will be a major criterion. As a result, several governments are funding agricultural technological breakthroughs that will assist boost crop yields with existing terrain. Furthermore, technical developments in the equipment utilised to increase output are assisting participants in the agricultural variable rate market to strengthen their position. Kubota Corporation signed a partnership agreement with Bloomfield Robotics in December 2021, which will promote the transition to smart agriculture on tree crop farms by forming an alliance with Bloomfield through investments.
CNH Industrial N.V. will acquire Raven Industries, Inc., a precision agriculture technology leader based in the United States, in November 2021. The acquisition builds on a long partnership and is a significant step forward in CNH Industrial's digital transformation. .However, high costs of agriculture VRT equipment is expected to hamper the market growth.
The key regions considered for the global Agricultural Variable Rate TechnologyMarketstudy includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the world’s top manufacturer of agriculture VRT. North America held a share of the global agriculture variable rate technology (VRT) market. North America is a major exporter of a variety of agricultural products; the region is dominated by large-scale farm operations, with a primary focus on exports driving the region's large market size for VRT. Asia Pacific is one of the fastest-growing Agri-tech Markets. It is one of the potential markets for agriculture VRT because to its enormous farming area and rapid population increase. Asia Pacific encompasses a large land region and includes nations such as China, Japan, India, South Korea, and Australia. Population growth in the region's emerging countries is putting pressure on the agriculture industry to enhance productivity, which is fuelling demand for VRT. Drones used to plant seeds and spray pesticides and fertilizers are becoming increasingly popular in the Southeast Asian country, which is dealing with a manpower shortage exacerbated by the coronavirus outbreak, as well as limitations on employees' migration.
Major market player included in this report are:
Deere & Company
Trimble, Inc
AGCO Corporation
Topcon Corporation
CNH Industrial NV
Kubota Corporation
Yara International
SZ DJI Technology Co., Ltd.
Valmont Industries, Inc
Lindsay Corporation
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
ByOffering:
Hardware
Variable Rate Software
Variable Rate Services
By Type:
Fertilizer VRT
Crop Protection Chemical VRT
Soil Sensing
Seeding VRT
Yield Monitoring
Irrigation VRT
By Crop Type:
Cereals and Grains
Oilseeds & Pulses
Fruits & Vegetables
By Application Method:
Map-based VRT
Sensor-based VRT
By Application Fit:
Fertilizers
Crop Protection Chemicals
Other Application Fit
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028
Target Audience of the Global Agricultural Variable Rate TechnologyMarket in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Billion)
1.2.1. Agricultural Variable Rate Technology Market, by Region, 2020-2028 (USD Billion)
1.2.2. Agricultural Variable Rate Technology Market, by Offering ,2020-2028 (USD Billion)
1.2.3. Agricultural Variable Rate Technology Market, by Type,2020-2028 (USD Billion)
1.2.4. Agricultural Variable Rate Technology Market, by Crop Type,2020-2028 (USD Billion)
1.2.5. Agricultural Variable Rate Technology Market, by Application Method ,2020-2028 (USD Billion)
1.2.6. Agricultural Variable Rate Technology Market, by Application Fit ,2020-2028 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Agricultural Variable Rate Technology Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Agricultural Variable Rate Technology Market Dynamics
3.1. Agricultural Variable Rate Technology Market Impact Analysis (2020-2028)
3.1.1. Market Drivers
3.1.1.1. Rapid adoption of advanced technologies in agriculture variable rate to reduce labor cost
3.1.1.2. Improved efficiency and productivity through improved crop yields and field quality
3.1.2. Market Challenges
3.1.2.1. High costs of agriculture VRT equipment
3.1.3. Market Opportunities
3.1.3.1. Growing adoption of technologically advanced equipment and tools in the agriculture industry
3.1.3.2. VRT services provided by leading market players in developing economies
Chapter 4. Global Agricultural Variable Rate Technology MarketIndustry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2028)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
4.5. Top investment opportunity
4.6. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
5.1.1. Assessment of the overall impact of COVID-19 on the industry
5.1.2. Pre COVID-19 and post COVID-19 market scenario
Chapter 6. Global Agricultural Variable Rate Technology Market, by Offering
6.1. Market Snapshot
6.2. Global Agricultural Variable Rate Technology Market by Offering , Performance - Potential Analysis
6.3. Global Agricultural Variable Rate Technology Market Estimates & Forecasts by Offering 2018-2028 (USD Billion)
6.4. Agricultural Variable Rate Technology Market, Sub Segment Analysis
6.4.1. Hardware
6.4.2. Variable Rate Software
6.4.3. Variable Rate Services
Chapter 7. Global Agricultural Variable Rate Technology Market, by Type
7.1. Market Snapshot
7.2. Global Agricultural Variable Rate Technology Market by Type, Performance - Potential Analysis
7.3. Global Agricultural Variable Rate Technology Market Estimates & Forecasts by Type2018-2028 (USD Billion)
7.4. Agricultural Variable Rate Technology Market, Sub Segment Analysis
7.4.1. Fertilizer VRT
7.4.2. Crop Protection Chemical VRT
7.4.3. Soil Sensing
7.4.4. Seeding VRT
7.4.5. Yield Monitoring
7.4.6. Irrigation VRT
Chapter 8. Global Agricultural Variable Rate Technology Market, by Crop Type
8.1. Market Snapshot
8.2. Global Agricultural Variable Rate Technology Market by Crop Type, Performance - Potential Analysis
8.3. Global Agricultural Variable Rate Technology Market Estimates & Forecasts by Crop Type2018-2028 (USD Billion)
8.4. Agricultural Variable Rate Technology Market, Sub Segment Analysis
8.4.1. Cereals and Grains
8.4.2. Oilseeds & Pulses
8.4.3. Fruits & Vegetables
Chapter 9. Global Agricultural Variable Rate Technology Market, by Application Method
9.1. Market Snapshot
9.2. Global Agricultural Variable Rate Technology Market by Application Method , Performance - Potential Analysis
9.3. Global Agricultural Variable Rate Technology Market Estimates & Forecasts by Application Method 2018-2028 (USD Billion)
9.4. Agricultural Variable Rate Technology Market, Sub Segment Analysis
9.4.1. Map-based VRT
9.4.2. Sensor-based VRT
Chapter 10. Global Agricultural Variable Rate Technology Market, by Application Fit
10.1. Market Snapshot
10.2. Global Agricultural Variable Rate Technology Market by Application Method , Performance - Potential Analysis
10.3. Global Agricultural Variable Rate Technology Market Estimates & Forecasts by Application Method 2018-2028 (USD Billion)
10.4. Agricultural Variable Rate Technology Market, Sub Segment Analysis
10.4.1. Fertilizers
10.4.2. Crop Protection Chemicals
10.4.3. Other application fit
Chapter 11. Global Agricultural Variable Rate Technology Market, Regional Analysis
11.1. Agricultural Variable Rate Technology Market, Regional Market Snapshot
11.2. North America Agricultural Variable Rate Technology Market
11.2.1. U.S. Agricultural Variable Rate Technology Market
11.2.1.1. Offering breakdown estimates & forecasts, 2018-2028
11.2.1.2. Type breakdown estimates & forecasts, 2018-2028
11.2.1.3. Crop Type breakdown estimates & forecasts, 2018-2028
11.2.1.4. Application Method breakdown estimates & forecasts, 2018-2028
11.2.1.5. Application Fit breakdown estimates & forecasts, 2018-2028
11.2.2. Canada Agricultural Variable Rate Technology Market
11.3. Europe Agricultural Variable Rate Technology Market Snapshot
11.3.1. U.K. Agricultural Variable Rate Technology Market
11.3.2. Germany Agricultural Variable Rate Technology Market
11.3.3. France Agricultural Variable Rate Technology Market
11.3.4. Spain Agricultural Variable Rate Technology Market
11.3.5. Italy Agricultural Variable Rate Technology Market
11.3.6. Rest of Europe Agricultural Variable Rate Technology Market
11.4. Asia-Pacific Agricultural Variable Rate Technology Market Snapshot
11.4.1. China Agricultural Variable Rate Technology Market
11.4.2. India Agricultural Variable Rate Technology Market
11.4.3. Japan Agricultural Variable Rate Technology Market
11.4.4. Australia Agricultural Variable Rate Technology Market
11.4.5. South Korea Agricultural Variable Rate Technology Market
11.4.6. Rest of Asia Pacific Agricultural Variable Rate Technology Market
11.5. Latin America Agricultural Variable Rate Technology Market Snapshot
11.5.1. Brazil Agricultural Variable Rate Technology Market
11.5.2. Mexico Agricultural Variable Rate Technology Market
11.6. Rest of The World Agricultural Variable Rate Technology Market
Chapter 12. Competitive Intelligence
12.1. Top Market Strategies
12.2. Company Profiles
12.2.1. Deere & Company
12.2.1.1. Key Information
12.2.1.2. Overview
12.2.1.3. Financial (Subject to Data Availability)
12.2.1.4. Type Summary
12.2.1.5. Recent Developments
12.2.2. Trimble, Inc
12.2.3. AGCO Corporation
12.2.4. Topcon Corporation
12.2.5. CNH Industrial NV
12.2.6. Kubota Corporation
12.2.7. Yara International
12.2.8. SZ DJI Technology Co., Ltd.
12.2.9. Valmont Industries, Inc
12.2.10. Lindsay Corporation
Chapter 13. Research Process
13.1. Research Process
13.1.1. Data Mining
13.1.2. Analysis
13.1.3. Market Estimation
13.1.4. Validation
13.1.5. Publishing
13.2. Research Attributes
13.3. Research Assumption
TABLE 1. Global Agricultural Variable Rate Technology Market, report scope
TABLE 2. Global Agricultural Variable Rate Technology Market estimates & forecasts by Region 2018-2028 (USDBillion)
TABLE 3. Global Agricultural Variable Rate Technology Market estimates & forecasts by Offering 2018-2028 (USDBillion)
TABLE 4. Global Agricultural Variable Rate Technology Market estimates & forecasts byType2018-2028 (USDBillion)
TABLE 5. Global Agricultural Variable Rate Technology Market estimates & forecasts byCrop Type 2018-2028 (USDBillion)
TABLE 6. Global Agricultural Variable Rate Technology Market estimates & forecasts by Application Method 2018-2028 (USDBillion)
TABLE 7. Global Agricultural Variable Rate Technology Market by segment, estimates & forecasts, 2018-2028 (USDBillion)
TABLE 8. Global Agricultural Variable Rate Technology Market by region, estimates & forecasts, 2018-2028 (USDBillion)
TABLE 9. Global Agricultural Variable Rate Technology Market by segment, estimates & forecasts, 2018-2028 (USDBillion)
TABLE 10. Global Agricultural Variable Rate Technology Market by region, estimates & forecasts, 2018-2028 (USDBillion)
TABLE 11. Global Agricultural Variable Rate Technology Market by segment, estimates & forecasts, 2018-2028 (USDBillion)
TABLE 12. Global Agricultural Variable Rate Technology Market by region, estimates & forecasts, 2018-2028 (USDBillion)
TABLE 13. Global Agricultural Variable Rate Technology Market by segment, estimates & forecasts, 2018-2028 (USDBillion)
TABLE 14. Global Agricultural Variable Rate Technology Market by region, estimates & forecasts, 2018-2028 (USDBillion)
TABLE 15. Global Agricultural Variable Rate Technology Market by segment, estimates & forecasts, 2018-2028 (USDBillion)
TABLE 16. Global Agricultural Variable Rate Technology Market by region, estimates & forecasts, 2018-2028 (USDBillion)
TABLE 17. U.S. Agricultural Variable Rate Technology Market estimates & forecasts, 2018-2028 (USDBillion)
TABLE 18. U.S. Agricultural Variable Rate Technology Market estimates & forecasts by segment 2018-2028 (USDBillion)
TABLE 19. U.S. Agricultural Variable Rate Technology Market estimates & forecasts by segment 2018-2028 (USDBillion)
TABLE 20. Canada Agricultural Variable Rate Technology Market estimates & forecasts, 2018-2028 (USDBillion)
TABLE 21. Canada Agricultural Variable Rate Technology Market estimates & forecasts by segment 2018-2028 (USDBillion)
TABLE 22. Canada Agricultural Variable Rate Technology Market estimates & forecasts by segment 2018-2028 (USDBillion)
TABLE 23. UK Agricultural Variable Rate Technology Market estimates & forecasts, 2018-2028 (USDBillion)
TABLE 24. UK Agricultural Variable Rate Technology Market estimates & forecasts by segment 2018-2028 (USDBillion)
TABLE 25. UK Agricultural Variable Rate Technology Market estimates & forecasts by segment 2018-2028 (USDBillion)
TABLE 26. Germany Agricultural Variable Rate Technology Market estimates & forecasts, 2018-2028 (USDBillion)
TABLE 27. Germany Agricultural Variable Rate Technology Market estimates & forecasts by segment 2018-2028 (USDBillion)
TABLE 28. Germany Agricultural Variable Rate Technology Market estimates & forecasts by segment 2018-2028 (USDBillion)
TABLE 29. RoE Agricultural Variable Rate Technology Market estimates & forecasts, 2018-2028 (USDBillion)
TABLE 30. RoE Agricultural Variable Rate Technology Market estimates & forecasts by segment 2018-2028 (USDBillion)
TABLE 31. RoE Agricultural Variable Rate Technology Market estimates & forecasts by segment 2018-2028 (USDBillion)
TABLE 32. China Agricultural Variable Rate Technology Market estimates & forecasts, 2018-2028 (USDBillion)
TABLE 33. China Agricultural Variable Rate Technology Market estimates & forecasts by segment 2018-2028 (USDBillion)
TABLE 34. China Agricultural Variable Rate Technology Market estimates & forecasts by segment 2018-2028 (USDBillion)
TABLE 35. India Agricultural Variable Rate Technology Market estimates & forecasts, 2018-2028 (USDBillion)
TABLE 36. India Agricultural Variable Rate Technology Market estimates & forecasts by segment 2018-2028 (USDBillion)
TABLE 37. India Agricultural Variable Rate Technology Market estimates & forecasts by segment 2018-2028 (USDBillion)
TABLE 38. Japan Agricultural Variable Rate Technology Market estimates & forecasts, 2018-2028 (USDBillion)
TABLE 39. Japan Agricultural Variable Rate Technology Market estimates & forecasts by segment 2018-2028 (USDBillion)
TABLE 40. Japan Agricultural Variable Rate Technology Market estimates & forecasts by segment 2018-2028 (USDBillion)
TABLE 41. RoAPAC Agricultural Variable Rate Technology Market estimates & forecasts, 2018-2028 (USDBillion)
TABLE 42. RoAPAC Agricultural Variable Rate Technology Market estimates & forecasts by segment 2018-2028 (USDBillion)
TABLE 43. RoAPAC Agricultural Variable Rate Technology Market estimates & forecasts by segment 2018-2028 (USDBillion)
TABLE 44. Brazil Agricultural Variable Rate Technology Market estimates & forecasts, 2018-2028 (USDBillion)
TABLE 45. Brazil Agricultural Variable Rate Technology Market estimates & forecasts by segment 2018-2028 (USDBillion)
TABLE 46. Brazil Agricultural Variable Rate Technology Market estimates & forecasts by segment 2018-2028 (USDBillion)
TABLE 47. Mexico Agricultural Variable Rate Technology Market estimates & forecasts, 2018-2028 (USDBillion)
TABLE 48. Mexico Agricultural Variable Rate Technology Market estimates & forecasts by segment 2018-2028 (USDBillion)
TABLE 49. Mexico Agricultural Variable Rate Technology Market estimates & forecasts by segment 2018-2028 (USDBillion)
TABLE 50. RoLA Agricultural Variable Rate Technology Market estimates & forecasts, 2018-2028 (USDBillion)
TABLE 51. RoLA Agricultural Variable Rate Technology Market estimates & forecasts by segment 2018-2028 (USDBillion)
TABLE 52. RoLA Agricultural Variable Rate Technology Market estimates & forecasts by segment 2018-2028 (USDBillion)
TABLE 53. Row Agricultural Variable Rate Technology Market estimates & forecasts, 2018-2028 (USDBillion)
TABLE 54. Row Agricultural Variable Rate Technology Market estimates & forecasts by segment 2018-2028 (USDBillion)
TABLE 55. Row Agricultural Variable Rate Technology Market estimates & forecasts by segment 2018-2028 (USDBillion)
TABLE 56. List of secondary sources, used in the study of global Agricultural Variable Rate Technology Market
TABLE 57. List of primary sources, used in the study of global Agricultural Variable Rate Technology Market
TABLE 58. Years considered for the study
TABLE 59. Exchange rates considered
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