Global Variable Rate Technology Market Analysis, Trends, and Forecasts 2019-2025
Dublin, Oct. 08, 2019 (GLOBE NEWSWIRE) -- The "Variable Rate Technology (VRT) - Market Analysis, Trends, and Forecasts" report has been added to ResearchAndMarkets.com's offering.
Dublin, Oct. 08, 2019 (GLOBE NEWSWIRE) -- The "Variable Rate Technology (VRT) - Market Analysis, Trends, and Forecasts" report has been added to ResearchAndMarkets.com's offering.
Variable Rate Technology (VRT) market worldwide is projected to grow by US$1.3 Billion, driven by a compounded growth of 9.3%.
Cereals & Grains, one of the segments analyzed and sized in this study, displays the potential to grow at over 9%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$1.3 Billion by the year 2025, Cereals & Grains will bring in healthy gains adding significant momentum to global growth.
Representing the developed world, the United States will maintain a 10.7% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$59.5 Million to the region's size and clout in the next 5 to 6 years. Over US$139.6 Million worth of projected demand in the region will come from other emerging Eastern European markets.
In Japan, Cereals & Grains will reach a market size of US$105.7 Million by the close of the analysis period. As the world's second largest economy and the new game changer in global markets, China exhibits the potential to grow at 9% over the next couple of years and add approximately US$223.8 Million in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders. Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific, Latin America and the Middle East. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.
Competitors identified in this market include the following, among others:
- AG Leader Technology (USA)
- AGCO Corporation (USA)
- CNH Industrial NV (United Kingdom)
- Deere & Company (USA)
- Kubota Corporation (Japan)
- Lindsay Corporation (USA)
- Raven Industries, Inc. (USA)
- SZ DJI Technology Co., Ltd. (China)
- Topcon Corporation (Japan)
- Trimble, Inc. (USA)
- Valmont Industries, Inc. (USA)
- Yara International ASA (Norway)
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Global Competitor Market Shares
- Variable Rate Technology (VRT) Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
- Global Competitor Market Shares by Segment
- Seeding VRT (Type) Global Competitor Market Share Positioning for 2019 & 2025
- Fertilizer VRT (Type) Market Share Breakdown of Key Players: 2019 & 2025
- Yield monitor VRT (Type) Competitor Revenue Share (in %): 2019 & 2025
- Irrigation VRT (Type) Market Share Shift by Company: 2019 & 2025
- Crop protection chemical VRT (Type) Global Competitor Market Share Positioning for 2019 & 2025
- Hardware (Offering) Market Share Breakdown of Key Players: 2019 & 2025
- Software (Offering) Competitor Revenue Share (in %): 2019 & 2025
- Services (Offering) Market Share Shift by Company: 2019 & 2025
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
GEOGRAPHIC MARKET ANALYSIS
UNITED STATES
- Market Facts & Figures
- US Variable Rate Technology (VRT) Market Share (in %) by Company: 2019 & 2025
- Seeding VRT (Type) Market Share Analysis (in %) of Leading Players in the US for 2019 & 2025
- Fertilizer VRT (Type) Competitor Revenue Share (in %) in the US: 2019 & 2025
- Yield monitor VRT (Type) Market Share Breakdown (in %) of Major Players in the US: 2019 & 2025
- Irrigation VRT (Type) Market in the US: Percentage Breakdown of Revenues by Company for 2019 & 2025
- Crop protection chemical VRT (Type) Competitor Market Share Breakdown (in %) in the US for 2019 & 2025
- Hardware (Offering) Market: Revenue Share Breakdown (in %) of Key Players in the US: 2019 & 2025
- Software (Offering) Market Share Analysis (in %) of Leading Players in the US for 2019 & 2025
- Services (Offering) Competitor Revenue Share (in %) in the US: 2019 & 2025
CANADA
JAPAN
CHINA
EUROPE
- Market Facts & Figures
- European Variable Rate Technology (VRT) Market: Competitor Market Share Scenario (in %) for 2019 & 2025
- Seeding VRT (Type) Market Share (in %) by Company in Europe: 2019 & 2025
- Fertilizer VRT (Type) Market Share (in %) of Major Players in Europe: 2019 & 2025
- Yield monitor VRT (Type) Competitor Market Share Analysis (in %) in Europe: 2019 & 2025
- Irrigation VRT (Type) Market in Europe: Competitor Revenue Share Shift (in %) for 2019 & 2025
- Crop protection chemical VRT (Type) Competitor Market Share (in %) Positioning in Europe for 2019 & 2025
- Hardware (Offering) Key Player Market Share Breakdown (in %) in Europe: 2019 & 2025
- Software (Offering) Market Share (in %) by Company in Europe: 2019 & 2025
- Services (Offering) Market Share (in %) of Major Players in Europe: 2019 & 2025
FRANCE
GERMANY
ITALY
UNITED KINGDOM
REST OF EUROPE
ASIA-PACIFIC
REST OF WORLD
IV. COMPETITION
V. CURATED RESEARCH
For more information about this report visit https://www.researchandmarkets.com/r/l7u2k9
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