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Livestock Monitoring Market by Offering, Species, Application, and Geography - Global Forecast to 2022

Livestock Monitoring Market: Global Forecast until 2022

  • January 2017
  • 176 pages
  • ID: 4637234
In this report:
Hardware is expected to account for a share of ##.##% for the livestock monitoring market in 2016, because of the increasing demand for livestock monitoring systems, increasing preference toward automated hardware and systems, technological advancements by key players to introduce innovative products, rise in the demand for dairy products, and increasing number of dairy cattle globally.

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"The overall livestock monitoring market forecasted to grow at a CAGR (Compound annual growth rate) of ~18.0 percent"

The overall livestock monitoring market is anticipated to be worth $952.70M by 2022, increasing at a compound annual growth rate (CAGR) of ~18.0 percent between 2016 and 2022. The livestock monitoring market is anticipated to grow quickly owing to increasing size of dairy farms, technological improvements and recent product launches, and substantial cost savings combined with livestock monitoring management.

"The industry for feeding management application is anticipated to increase at the highest level rate during the outlook period'

The livestock monitoring market, established on application, has been categorized into milk harvesting management, reproduction management, feeding management, heat stress management, animal comfort management, behavior monitoring and control, and other applications. The sector for feeding management application is anticipated to rise at the maximal rate during the estimate period. The high increase of this segment is predominantly driven by the growing availability of innovative feeding technologies including liquid feeding systems and dry feeding systems.

"Europe (EU) held the most important share of the livestock monitoring market in 2015"

EU is holds the biggest share of the livestock monitoring market. The livestock monitoring market in Europe (EU) is influenced by different Elements such as technological advancements and early adoption of technologies in the territory. The industry in Asia-Pac is anticipated to grow at the highest compound annual growth rate (CAGR) during the outlook period. The greater utilization of livestock monitoring technologies including RFID, GPS, and sensors is predicted to push the livestock monitoring market in Asia-Pacific.

The breakup of primaries conducted during the market research is depicted below.

By Company category: Tier 1 = 50.0 percent, Tier 2 = 33.0 percent, and Tier 3 = 17.0 percent

By Description: C-suite executives = 34.0 percent, Directors = 33.0 percent, and Others = 33.0 percent

By Area: North America (NA) = 17.0 percent, EU = 33.0 percent, and Asia Pacific (APAC) = 50.0 percent

The top players in the livestock monitoring market are DeLaval, GEA Group AG, Afimilk Ltd., BouMatic LLC, SCR Dairy, Incorporated, DairyMaster, Lely Holding S.À.R.L, SUM-IT Computer Systems, Limited, and Valley Agriculture Software.

Scope of the Report

The scope of this report includes the livestock monitoring market based on component, application, species, and area. The livestock monitoring market, on the basis of component, has been further broken down into hardware, software, and service. The sector has been split, on the basis of application type, into milk harvesting management, reproduction management, feeding management, heat stress management, animal comfort management, behavior monitoring and control applications, and other applications. The livestock monitoring report on the basis of species has been divided as cattle, poultry, and others. Equivalently, this market report has been broken down on the basis of geography into North America continent, Europe (EU), Asia-Pac, and RoW.

Main highlights

- This business report includes the industry statistics pertaining to component, application, species, and territory together with their respective market sizes.

- The porter's five forces scheme has been utilized, together with the value chain study, to offer a detailed insight into the livestock monitoring market.

- Main drivers, market restraints, opportunities, and alternatives for the livestock monitoring market have been precised in this industry report.

- Figures of segmentation, study, and estimate for the industries on the basis of component, application, species, and area have been organized to give an global view of the livestock monitoring market.

- An exhaustive competitive analysis includes top players and complete study and ranking of the main actors.

The available customizations for the analysis can offer further country-wise segmentation of the livestock monitoring market in terms of value importance, further breakdown of the sector, and profiling of any additional firms in the market research.

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