Precision Livestock Farming Market Report Overview
Maximize Market Research published reports that help clients understand the Precision Livestock Farming market structure in-depth. The report which is a combination of primary and secondary research gives thorough details about the Precision Livestock Farming market, trade statistics, leading players, and various market metrics.
Precision Livestock Farming Market size was valued at USD 4.14 Bn. in 2023 and the total Precision Livestock Farming revenue is expected to grow by 8.5 % from 2024 to 2030, reaching nearly USD 7.33 Bn.
Precision Livestock Farming Market Report Scope and Research Methodology
The report provides business statistics and analytical insights to help you understand the Precision Livestock Farming market size, market share, growth, trends, demand, top players, industry profile, opportunities, value chain, end-users, types, and applications in plain language. The bottom-up approach was used to estimate the global and regional Precision Livestock Farming market size. Both primary and secondary research methodologies were used to clearly present the Precision Livestock Farming market structure.
The report also includes growth opportunities in micro and macro markets for stakeholders to invest in, with a detailed analysis of the competitive landscape and significant Precision Livestock Farming competitors' product offerings. SWOT analysis was used to identify the strengths and weaknesses of the Precision Livestock Farming market.
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Precision Livestock Farming Market Regional Analysis
The report has been segmented into many key countries. This section provides a detailed analysis of the Precision Livestock Farming market in all the regions with their key countries including market size, CAGR, and import and export. The regions and their countries studied are:
- North America- U.S., Canada, Mexico
- Europe- UK, Germany, France, Spain, Rest of Europe
- Asia Pacific- China, India, Japan, Australia, South Korea, Asian Countries, Rest of APAC
- South America- Brazil
- Middle East and Africa.
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
Others
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 2024 to 2030. 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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- What is Precision Livestock Farming?
- What will be the CAGR of the Precision Livestock Farming market during the forecast period?
- Which segment of the Precision Livestock Farming market held the largest share of the global market in 2022?
- What trends are expected to generate additional revenue for the Precision Livestock Farming market?
- What are the opportunities for the Precision Livestock Farming Market?
- What factors are driving the Precision Livestock Farming market growth?
- Which company held the largest share in the Precision Livestock Farming market?
Key Offerings:
- A detailed Market Overview
- Market Share, Size, and Forecast by Revenue|2023-2029
- Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
- Market Segmentation- A detailed analysis of each segment and their segments
- Competitive Landscape - Leading key players and other prominent key players.
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