Global VRT Technology Market Size study
Global VRT Technology Market Size study
Summary
VRT Technology (Farming) Market Variable-rate
technology (VRT) describes any technology which enables producers to vary the
rate of crop inputs. VRT combines a variable-rate (VR) control system
with application equipment to apply inputs at a precise time and/or location to
achieve site-specific application rates of inputs. A complement of
components, such as a DGPS receiver, computer, VR software, and controller are
integrated to make VRT work. A site-specific approach allows growers to
apply products only where they are needed in a field. Varying the application
of inputs can reduce input and labor costs, maximize productivity, and reduces
the impact over-application may have on the environment. Examples of VR
applications for agriculture include fertilizer, lime, seeding and pesticides.
JSBmarketresearch analyze detailed
Global VRT Technology Market Size study, by Application (Soil Sensing VRT,
Fertilizer VRT, Seeding VRT, Crop Protection Chemical VRT, Yield Monitor VRT,
Irrigation VRT, Other VRT Types), by Offering (Hardware, VRT Service, VRT
Software) by Crop Type (Cereals & Grains, Oilseeds & Pulses, Fruits
& Vegetables), Application Method (Sensor Based VRT, Map Based VRT), Farm
Size(Large Farms, Small Farms, Mid-Size Farms) and Regional Forecasts 2018-2025.
Forecasted Scenario-
Global VRT Technology Market to reach USD 3.5 billion by 2025. Factors such as, improved efficiency & productivity along with favorable government initiatives are the major factors which are drive the global market for VRT technology. Whereas, huge capital requirements and lack of technology awareness are likely to hinder the market over the coming years.
The
regional analysis of Global VRT Technology Market is considered for the key
regions such as Asia Pacific, North America, Europe, Latin America and Rest of
the World. North America is the leading/significant region across the world in
terms of market share. Whereas, the technology market in Asia-Pacific is likely
to grow at a double-digit rate over the forecast period 2018-2025. Countries
such as, China, Japan, India, and Australia have an extensive land area, these
lands exhibits huge opportunities for VRT technology over the forecast period
2018-2025.
The Key Market Players Include-
• AGCO Corporation
• AG Leader Technology
• Aarkay Food Product
• CNH Industrial N.V.
• Deere & Company
• Kubota Corporation
• Lindsay Corporation
• Raven Industries Inc
• Senterra LLC
• SST Software
• Trimble Inc
• Topcon Corporation
• Teejet Industries
• Valmont Industries
• Yara International ASA
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 information includes:
Company Profile
Main Business Information
SWOT Analysis
Sales, Revenue, Price and Gross Margin
Market Share.
Market trend
Advent of advanced technologies
Why You Should Buy This Report?
The detailed segments and sub-segment of the market are
explained as
By
Application
By
Offerings
By
Crop Type
By
Application Method
By
Farm Size
By
Regions
Furthermore, years considered for the study are as follows:
Historical year – 2015, 2016
Base year – 2017
Forecast period – 2018 to 2025
Target Audience of the Global VRT Technology Market 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
We also can offer customized report to
fulfill special requirements of our clients.
Details are provided within the report
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Global VRT Technology Market Size study
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