Global Agricultural Variable Rate Technology Market to 2032

Overview

The Global Agricultural Variable Rate Technology Market is expected to reach a 13.79 USD Billion by 2032 and is projected to grow at a CAGR of 15.06% from 2025 to 2032.

Revenue, 2024 (USD Billion)

5.17

Forecast, 2032 (USD Billion)

13.79

CAGR, 2024 - 2032

15.06%

Report Coverage

Global

Global Agricultural Variable Rate Technology Market 2018-2032 USD Billion

Global Agricultural Variable Rate Technology Market, Key Findings (2025-2032)

Market Growth and Projections:

Market Size (2024): 5.17 USD Billion
Projected Market Size (2032): 13.79 USD Billion
CAGR (2025-2032): 15.06%

Key Findings of Global Agricultural Variable Rate Technology Market

The Global Agricultural Variable Rate Technology Market was valued at 5.17 USD Billion in 2024.
The Global Agricultural Variable Rate Technology Market is likely to grow at a CAGR of 15.06% during the forecast period of 2024 to 2032.
In 2024, the Largest segment Map-Based VRT in Type Segment accounted for the largest share of the market with a revenue of 3.07 USD Billion
The fastest growing segment Small Farm in Farm Size Segment grew Fastest with a CAGR of 16.20% during the forecast period from 2024 to 2032.

Global Agricultural Variable Rate Technology Market Scope

Global Agricultural Variable Rate Technology Market Segmentation & Scope

Crop Type

Oilseed & Pulses
Fruits & Vegetables
Others
Cereals & Grains

Farm Size

Small Farm
Mid-Sized Farm
Large Farm

Type

Sensor Based VRT
Map-Based VRT

Application

Others
Yield Monitoring
Irrigation VRT
Crop Protection Chemical VRT
Seeding VRT
Fertilizer VRT

Offering

Services
Software
Hardware

Global Agricultural Variable Rate Technology Market Data Coverage Insights

Study Period	2024-2032
Base Year	2023
Unit	Revenue in USD Billion
Market Value in 2024	5.17 USD Billion
Market Value in 2032	13.79 USD Billion
CAGR (2025-2032)	15.06%
Historic Data	2016-2023
Market Segments Covered	Crop Type,Farm Size,Type,Application,Offering

Regional Insights:

Leading Market (2024-2032): Global, leading in terms of revenue 5.17 USD Billion in 2024
- Key Country: U.S., leading in terms of revenue with value of 1,396.75 USD Million in 2024.

Segments and Scope

Global Agricultural Variable Rate Technology Market to 2032, By Crop Type
- Cereals & Grains is the largest segment in Global Agricultural Variable Rate Technology Market to 2032 with a revenue of 1.92 USD Billion in the year 2024.
- Cereals & Grains is the Fastest growing segment in Global Agricultural Variable Rate Technology Market to 2032 with a Growth rate of 16.08 % in forecast period 2025-2032.
Global Agricultural Variable Rate Technology Market to 2032, By Farm Size
- Large Farm is the largest segment in Global Agricultural Variable Rate Technology Market to 2032 with a revenue of 2.62 USD Billion in the year 2024.
- Small Farm is the Fastest growing segment in Global Agricultural Variable Rate Technology Market to 2032 with a Growth rate of 14.58 % in forecast period 2025-2032.
Global Agricultural Variable Rate Technology Market to 2032, By Type
- Map-Based VRT is the largest segment in Global Agricultural Variable Rate Technology Market to 2032 with a revenue of 3.07 USD Billion in the year 2024.
- Sensor Based VRT is the Fastest growing segment in Global Agricultural Variable Rate Technology Market to 2032 with a Growth rate of 14.49 % in forecast period 2025-2032.
Global Agricultural Variable Rate Technology Market to 2032, By Application
- Fertilizer VRT is the largest segment in Global Agricultural Variable Rate Technology Market to 2032 with a revenue of 2.16 USD Billion in the year 2024.
- Fertilizer VRT is the Fastest growing segment in Global Agricultural Variable Rate Technology Market to 2032 with a Growth rate of 15.71 % in forecast period 2025-2032.
Global Agricultural Variable Rate Technology Market to 2032, By Offering
- Hardware is the largest segment in Global Agricultural Variable Rate Technology Market to 2032 with a revenue of 2.72 USD Billion in the year 2024.
- Software is the Fastest growing segment in Global Agricultural Variable Rate Technology Market to 2032 with a Growth rate of 14.90 % in forecast period 2025-2032.

Global Agricultural Variable Rate Technology Market Company Share Analysis

Company Name
Hexagon AB
Deere & Company
KUBOTA Corporation
FRONTIER AGRICULTURE LTD
VALMONT INDUSTRIES, INC.

Global Agricultural Variable Rate Technology Market Geographical Sales Distribution, 2018-2032 USD Billion

Global Agricultural Variable Rate Technology Market Company Profiling

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Frequently Asked Questions

What are the primary segments covered in the Global Agricultural Variable Rate Technology Market?

The Global Agricultural Variable Rate Technology Market is segmented based on Segmentation Crop Type,Farm Size,Type,Application,Offering.

What is the current market size of the Global Agricultural Variable Rate Technology Market?

Global Agricultural Variable Rate Technology Market was valued at USD 5.17(Revenue in USD Billion) in 2023.

What is the expected growth rate of the Global Agricultural Variable Rate Technology Market?

Global Agricultural Variable Rate Technology Market is projected to grow at a CAGR of 15.06% during the forecast period of 2024 to 2032.

Which is the dominating segment in the Global Agricultural Variable Rate Technology Market?

The Map-Based VRT segment is expected to dominate the Global Agricultural Variable Rate Technology Market, holding a largest market share of 3.07 USD Billion in 2024