ReportsnReports offers a latest published report on “Precision Livestock Farming Market” delivering key insights and providing a competitive advantage to clients through a detailed report. The report also details the information about the global market status, growth rate, future trends, market drivers, challenges, opportunities and porter’s forces analysis with respect to these elements. An exclusive data offered in this report is collected by research and industry experts team.
The Precision Livestock Farming Market is estimated to be worth US$ 3.0 Billion in 2019 and is expected to reach US$ 4.6 Billion by 2024, at a CAGR of 9.2% from 2019 to 2024.This report spread across 161 pages, profiling 10 companies and supported with 66 tables and 43 figures is now available in this research.
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#Key Players- DeLaval (Sweden), GEA Farm Technology (Germany), Lely (Netherlands), Antelliq (France), Dairy Master (Ireland), Afimilk (Israel), BouMatic (US), Fancom B.V. (Netherlands), Fullwood Paco Ltd. (UK), Waikato Milking System (New Zealand), HokoFarm-Group (Netherlands), Trioliet B.V (Netherlands), VDL Agrotech (Netherlands), IceRobotics (UK), HID Global (US), Cainthus (Ireland), Connecterra (Netherlands), MiRobot (Israel), Farm Control (Portugal), Aleis Pty Ltd (Australia), Moocall (Ireland), and Cowlar (US).
“The market for livestock identification and tracking technology estimated to grow at highest CAGR during the forecast period”
The market for livestock identification and tracking is expected to grow at the highest CAGR between 2019 and 2024. Key factors driving the growth of livestock identification and tracking devices include an increase in average herd size and number of dairy farms around the world, development of sensors which can gather a wide range of information, and demand for cost savings associated with livestock monitoring and management.
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“The market for livestock behavior and health monitoring application to grow at the highest CAGR from 2019 to 2024”
The precision livestock farming market for livestock behavior and health monitoring application is expected to grow at the highest CAGR during the forecast period. The high growth in this segment is predominantly driven by the increasing adoption of hardware devices such as sensors, RFID tags and readers, and livestock collars for early detection of disease in livestock, management of the herd, and identification and tracking of livestock.
“Precision livestock farming market in APAC to grow at the highest CAGR between 2019 and 2024”
The increasing automation of livestock farm in countries such as Australia, Japan, China, and India is a major factor driving the precision livestock farming market in APAC. Population expansion in the region’s developing countries is mounting pressure on the supplies of livestock products to become more efficient and productive, pushing the sales of livestock farming technology upward. Asia Pacific has a large number of cattle and a high population for consuming livestock products.
Competitive Landscape of Precision Livestock Farming Market:
1 Introduction
2 Market Ranking Analysis for the Market, 2018
3 Competitive Situation and Trends
4 Competitive Leadership Mapping, 2018
4.1 Visionary Leaders
4.2 Dynamic Differentiators
4.3 Innovators
4.4 Emerging Companies
5 Strength of Product Portfolio (25 Players)
6 Business Strategies Excellence (25 Players)
7 Recent Developments
7.1 New Product Launches
7.2 Agreements, Partnerships, and Contracts
7.3 Mergers and Acquisitions
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The Study Objectives of this report are:
Press Release Distributed by The Express Wire
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