Livestock Monitoring Market – Trends Forecast Till 2028

Livestock Monitoring Market, By Offering (Hardware, Software, Services), Livestock Type (Cattle, Poultry, Swine, Equine), Application (Milk Harvesting, Feeding, Breeding, Behaviour Monitoring & Control), Farm Size (Small Farms, Mid-Sized Farms), Application (Milk Harvesting, Feeding, Breeding, Behavior Monitoring & Control) and Geography (North America, Europe, Asia-Pacific, Middle East, and Africa and South America)

Published Date: March, 2021

Base Year Estimate: 2020

Report ID: D-SE-LMM-119

Format:  

Number of Pages: 384

Domain: Semiconductors & Electronics

Livestock Monitoring Market – Trends Forecast Till 2028

Global Livestock Monitoring Market is anticipated to reach USD 1.5 billion in 2021 growing at a CAGR of 10.5% during the forecasting period, 2021-2028.

A livestock monitoring system is a system that is used to track the health and fitness of livestock. It not just monitor the grazing pattern but also their weight, timing of food, and another pattern. It also helps to aware the owner of any deviation in the pattern. It also monitors heart rate and other bodily functions. It also suggests suitable alternatives and treatment if any of the livestock is affected.

With an increased need to focus on monitoring and disease detection of livestock and farmers deploying AI for this purpose are some of the factors that have supported long-term expansion for the Global Livestock Monitoring industry.

Livestock Monitoring Market

Global Livestock Monitoring Market is segmented into Offering, Livestock Type, Application, Farm Size, Application, and geography.

Application segment is segmented into Milk Harvesting, Feeding, Breeding, Behavior Monitoring & Control

Geographically, the global Livestock Monitoring Market is sub-segmented into North America, Europe, Asia-Pacific, Middle East, and Africa and South America, and insights are provided for each region and major countries within the regions

Key players in the global Livestock Monitoring Market are   GEA Farm Technologies (Germany), DeLaval (Sweden), Afimilk Ltd. (Israel), BouMatic, LLC (US), Merck Animal Health (US), Dairymaster Ltd. (Ireland), Lely International NV (Netherlands), Fancom BV (Netherlands), Fullwood Packo Ltd. (UK), and Nedap NV (Netherlands)  among others.

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Research Methodology

Secondary Research

This research method involved the usage of extensive secondary sources (such as directories and databases)—Hoovers, Avention, annual reports, investor presentation, a conference like Jefferies conference)—to identify and collect information useful for this study of the Global Livestock Monitoring Market. The purpose of secondary research was to identify and collection of extensive, technical, market-oriented, and commercial study the global Livestock Monitoring Market. Through secondary, the market is classified and segmented as per of industry trend, development, regional market. Product and technology development.

Primary Research

The primary sources mainly included several industry experts from the core and related industries and suppliers, manufacturers, distributors, alliances, and organizations related to all segments of this industry’s supply chain. In-depth interviews were conducted with various primary respondents—including key industry participants, subject matter experts (SMEs), C-level executives of key market players, and industry consultants, among other experts—to obtain and verify critical qualitative and quantitative information as well as to assess prospects. The following figure depicts the market research methodology used in drafting this report on the Global Livestock Monitoring Market.

The primary Respondent breakdown is given below:

Livestock Monitoring Market Primary Respondent

 

Market Sizing

Top-down and bottom approaches were used to derive the market estimate and validate the total revenue of the Global Livestock Monitoring Market. This approach has also been used to derive the market for segmentation and sub-segmentation.

Data Validation

Impact analysis has been conducted for deriving the market size. After collecting the in-depth quantitative and qualitative data we contact the primary respondent to gain a 98.8% of confidence level on our data.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants

Reasons to Acquire

  • Increase your understanding of the market for identifying the best and suitable strategies and decisions based on sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends, and factors
  • Gain authentic and granular data access for Global Livestock Monitoring Market to understand the trends and the factors involved behind changing market situations
  • Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
  • In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns

Report Scope

 

Report Feature

Descriptions

Market Revenue In 2021

USD 1.5 billion

Growth Rate

CAGR of 10.5% during the forecasting period, 2021-2028

Historical Data

2018-2019

Forecast Years

2021-2028

Base Year

2020

Units Considered

Revenue in USD billion and CAGR from 2021 to 2028

Report Segmentation

Offering, Livestock Type, Application, Farm Size, Application, and Geography

Report Attribute

Market Revenue Sizing (Global, Regional and Country Level) Company Share Analysis, Market Dynamics, Company Profiling

Regional Level Scope

North America, Europe, Asia-Pacific, South America, and the Middle East and Africa

Country Level Scope

U.S., Japan, Germany, U.K., China, India, Brazil, UAE, South Africa (50+ Countries Across the Globe)

Companies Profiled

GEA Farm Technologies (Germany), DeLaval (Sweden), Afimilk Ltd. (Israel), BouMatic, LLC (US), Merck Animal Health (US), Dairymaster Ltd. (Ireland), Lely International NV (Netherlands), Fancom BV (Netherlands), Fullwood Packo Ltd. (UK), and Nedap NV (Netherlands)

Available Customization

In addition to the market data for Global Livestock Monitoring Market, Delvens offers client-centric reports and customized according to the company’s specific demand and requirement.

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