Precision Livestock Farming Market Report Overview
The report provides an analysis of both the current and future conditions in the Precision Livestock Farming market, delivering valuable insights and the latest information across essential segments. Within the context of the Precision Livestock Farming market, the study covers crucial research areas like revenue generation, sales, and overall income. In order to offer a thorough evaluation, the report presents two distinct scenarios that encompass the entire range of the Precision Livestock Farming market, including the projected Precision Livestock Farming sales during the forecast period.
Precision Livestock Farming Market size was valued at USD 3.82 Bn. in 2022 and the total Precision Livestock Farming revenue is expected to grow by 8.5 % from 2023 to 2029, reaching nearly USD 6.76 Bn.
Precision Livestock Farming Market Report Scope and Research Methodology
The primary goal of the Precision Livestock Farming market report is to offer a comprehensive analysis using clear and straightforward language. The study encompasses all the prominent companies and key aspects within the Precision Livestock Farming market, evaluating various measures like volume, share, growth, and strategies. This research not only assists established businesses in refining their operational plans but also provides future entrants with strategic recommendations. MMR’s research undertakes a thorough exploration of the Precision Livestock Farming market, highlighting the foremost global companies based on metrics such as volume, share, strategies, and growth. The report further supplies strategies applicable to both existing industry participants and prospective Precision Livestock Farming market entrants. Moreover, the global report for the Precision Livestock Farming market presents a meticulous breakdown of regional share distribution, accompanied by an examination of growth drivers in those specific regions.
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Precision Livestock Farming Market Regional Insights
North America dominated the global air leak testing market in terms of value. The existence of well-established market participants accounts for the high market share. The air leakage test market is predicted to rise in North America as the automotive sector expands.
The Asia Pacific air leak testing market is predicted to increase due to rising urbanisation and industrialization and growth in the automotive industry and transportation due to the region’s growing population. The Asia Pacific air leak testing market is likely fueled by growing government regulations to decrease pollution, higher quality standards, and increased energy efficiency.
Precision Livestock Farming Market Segmentation
by Offering
Hardware
Software
Services
the hardware segment is expected to dominate the global precision livestock farming market in terms of market size during the forecast period. This market is divided into three main segments: hardware, software, and services. The hardware devices utilized in precision livestock farming play a crucial role in collecting and analyzing essential data points on both individual and herd levels. These devices gather data related to various aspects of livestock, including health, heat stress, feeding efficiency, and estrus.
by Technology
Identification And Tracking
Milking Robotic Systems
Poultry Monitoring and Robotic Systems
Precision Feeding Systems
Sensors And Monitoring Devices
Software And Data Analytics
GPS Tracking and Geolocation Systems
Other
smart sensors, camera systems, robotics, and automation has significantly improved farm management by providing valuable livestock information. Integration of emerging technologies like artificial intelligence, machine learning, and IoT has resulted in innovative offerings for livestock farmers. The hardware segment includes sensors, wearable devices, cameras, and monitoring systems, such as smart ear tags that collect data on the animals’ health, temperature, and location.
by Farm Type
Dairy Farms
Poultry Farms
Swine Farms
Others (Equine and Bovine Farms)
by Application
Livestock Health and Behavior Monitoring Management
Environmental Monitoring
Feed Management
Milk Harvesting
Sorting, Animal Weighing Data Analysis, And Financial
Waste Management
the feeding management application segment is projected to witness the second-largest market size in the precision livestock farming market from 2023 to 2029. Livestock farm owners’ increasing awareness regarding the efficient management of feed inventory and animal diets is expected to drive significant growth in this segment. Adequate feed intake plays a critical role in achieving high milk production in dairy cows, with essential minerals such as phosphorus (P) and potassium (K) being vital for healthy milk production, maintenance, and growth of dairy cattle.
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Precision Livestock Farming Market Key Players
1. Afimlik (Israel)
3. Allflex (Israel)
4. Antelliq
5. BouMatic (US)
7. Connecterra
8. Cowlar
9. Dairymaster (Ireland)
10. DeLaval (Sweden)
11. Fancom B.V.
12. Farm Control
13. Fullwood Paco Ltd.
14. GEA Farm Technology (Germany)
16. HokoFarm-Group
17. IceRobotics
18. Lely International (Netherlands)
20. Moocall
21. Trioliet B.V
22. VDL Agrotech
23. Waikato Milking System
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Key Offerings:
- Past Market Size and Competitive Landscape (2017 to 2021)
- Past Pricing and price curve by region (2017 to 2021)
- Market Size, Share, Size & Forecast by different segment | 2023−2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Market Segmentation – A detailed analysis by segments and their sub-segments
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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