Tuesday, October 4

Tag: BIS Research

Global Variable Rate Technology Market to Reach $6.09 Billion by 2027
Science

Global Variable Rate Technology Market to Reach $6.09 Billion by 2027

The study projects the market to grow at a CAGR of 20.28% between 2022 and 2027 FREMONT, Calif., Aug. 4, 2022 /PRNewswire/ -- BIS Research, the global leader in providing market intelligence on deep technologies, has released its latest study titled  Variable Rate Technology Market – A Global and Regional Analysis.   According to this study, the global variable rate technology market size (in revenue) was $2.02 billion in 2021 and is projected to reach $6.09 billion by 2027. The following factors are responsible for the increase in demand for variable rate technology: Rapid adoption of precision agricultural technologies Need for automation of workforce in agriculture Need for input optimization in agriculture The detailed study is a compilation of 153 market data tables and 29 figures ...