Global Livestock Monitoring Market
The GMI Research forecasts that the Livestock Monitoring Market is witnessing an upsurge in demand over the forecast period. This is mainly due to aggravating espousal of Artificial intelligence and the Internet of Things by farmers, accelerating population of cattle with expanding dairy farms and the increasing consciousness about the benefits of disease detection.
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Introduction of the Livestock Monitoring Market
The Livestock Monitoring refers to the collection of the data to cater the purpose of alerting the farmers to perceive the live condition of the livestock environment. This type of system provides real-time supervision of the healthy feeding, reproduction, and wellbeing of the animals.
Key Players of the Global Livestock Monitoring Market:
- Fullwood Packo
- Lely
- Merck & Co. Inc.
- Nedap N.V.
- DeLaval Inc.
- Fancom BV
- DAIRYMASTER
- BouMatic
- Afimilk Ltd.
- GEA Group Aktiengesellschaft
Livestock Monitoring Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis)
The augmenting demand for animal products such as milk, meats, and eggs along with the rising awareness about the advantages offered by livestock supervision and disease identification are some of the drivers stimulating the growth of the global Livestock Monitoring Market. Asia accounts for approximately 40 to 45% of the overall meat production. As per the Australian Bureau of Agriculture and Resources Economies and Science, China is expected to witness a 40 % increase in meat demand by the end of 2050. Moreover, the intensifying focus on Research and Development activities is further strengthening the market size. DeLaval, in 2018, developed the DeLavanInService All-Inclusive solutions to offer services and consumables to dairy farmers. In addition, the soaring endorsement of IoT and AI by dairy farmers is another factor contributing to the market growth. The technology enables the farmers to identify the disease in animals to take the required actions. The initiation of smart technologies in livestock farming collects real-time data related to animal's health and general behavior. However, the insufficient understanding of technology among farmers will obstruct the Livestock Monitoring market size.
Livestock Monitoring Market Segmentation:
Segmentation by Offering
- Hardware
- Software
- Services
Segmentation by Livestock Type
- Cattle
- Poultry
- Swine
- Equine
- Others
Segmentation by Farm Size
- Small Farms
- Med-sized Farms
- Large Farms
Segmentation by Application
- Milk Harvesting Management
- Breeding Management
- Feeding Management
- Heat Stress Management
- Animal Comfort Management
- Behaviour Monitoring & Control
- Others
Segmentation by Region:
- North America
- United States of America
- Canada
- Asia Pacific
- China
- Japan
- India
- Rest of APAC
- Europe
- United Kingdom
- Germany
- France
- Spain
- Rest of Europe
- RoW
- Brazil
- South Africa
- Saudi Arabia
- UAE
- Rest of the world (remaining countries of the LAMEA region)
About GMI Research
GMI Research is a market research and consulting company that offers business sights and market research reports for every enterprise, including small & medium enterprises and large organizations. Our research team helps the clients to understand the impact of market dynamics such as market size, share, drivers, growth opportunities, and other aspects. We have a team of analysts and industry experts who conduct market intelligence studies to ensure relevant and fact-based research across a wide range of sectors such as FMCG, Technology, Energy, Healthcare, and other industries. We collect relevant information about the industry using both internal and external databases. Our main focus is to keep our clients abridged of the emerging opportunities and challenges in a wide range of industries. We provide step-by-step assistance to our client through strategic and consulting services to reach a managerial and actionable decision. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to helping businesses stay ahead of the curve.
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