Smart Collar Tag for Cow Market Research Study 2021 Detailed Impact Analysis of COVID-19, Opportunities, Challenges with Future Growth Companies are Afimilk, BouMatic, Connecterra, Cowlar and CowManager

According to our latest market study on “smart collar tag for cow Market Forecast to 2027 – COVID-19 Impact and Global Analysis – by Product Type (GPS Based, Radio Based, and Others); Application (Tracking, Training, and Others),” the market was valued at US$ 243.1 million in 2019 and is projected to reach US$ 513.8 million by 2027; it is expected to grow at a CAGR of 10.9% from 2020 to 2027. The report highlights key factors driving the market growth and prominent players with their developments in the market.

The smart collar tag for the cow market is broadly segmented into five major regions—North America, Europe, APAC, MEA, and SAM. The agriculture and livestock industry is shifting toward automation to reduce the operational time required to perform the farming task. Precision agricultural practices are helping the farmers to enhance profit margin and reduce the labor force expenditure. The livestock and dairy farming industry are flourishing with increasing demand for dairy products. The increasing population worldwide is a key factor for the growth of the dairy industry. Technological advancements in dairy farming—such as low-cost automation, advanced milking robots, ear tags, and collar tags for livestock activity monitoring—are offering enhanced benefits to the farmers, thereby contributing to market growth. Rising awareness among farmers and changing attitudes toward advanced technology are key factors propelling market growth.

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Increasing adoption of smart collar tags for locating the cows and monitoring their behavior and health is mounting the demand for these tags among dairy farmers and ranchers. Increasing developments in smart collar tags, such as enhanced battery life, solar-generated power support, and integration of advanced sensors, are further enhancing their performance. Smart collar tags are being utilized to resolve the cattle rustling or theft problem in African countries. In addition, smart collar tags for cows collect enormous data, which helps farmers to improve productivity by monitoring individual cow behavior. The smart collar tags are connected to servers and they provide information on dairy farmers' smartphones, tablets, and PCs. Easy access to the cow's location and real-time monitoring are increasing the adoption of smart collar tags among dairy farmers and ranchers. The COVID-19 pandemic situation has further increased the importance of the agricultural and livestock industry. The demand for dairy products is increasing owing to nutritional content.

Note – The Covid-19 (coronavirus) pandemic is impacting society and the overall economy across the world. The impact of this pandemic is growing day by day as well as affecting the supply chain. The COVID-19 crisis is creating uncertainty in the stock market, massive slowing of the supply chain, falling business confidence, and increasing panic among the customer segments. The overall effect of the pandemic is impacting the production process of several industries. This report on ‘Procurement as-a-Service Market’ provides the analysis of the impact of Covid-19 on various business segments and country markets. The reports also showcase market trends and forecasts for 2028, factoring in the impact of the Covid -19 Situation.

The scope of the Report:

The report segments the global Smart Collar Tag for Cow Market based on application, type, service, technology, and region. Each chapter under this segmentation allows readers to grasp the nitty-gritty of the market. A magnified look at the segment-based analysis is aimed at giving the readers a closer look at the opportunities and threats in the market. It also addresses political scenarios that are expected to impact the market in both small and big ways. The report on the global Smart Collar Tag for Cow Market examines changing regulatory scenarios to make accurate projections about potential investments. It also evaluates the risk for new entrants and the intensity of the competitive rivalry.

Major highlights of the report:

All-inclusive evaluation of the parent market

Evolution of significant market aspects

Industry-wide investigation of market segments

Assessment of market value and volume in past, present, and forecast years

Evaluation of market share

Tactical approaches of market leaders

Lucrative strategies to help companies strengthen their position in the market

Major key players covered in this report:

Afimilk Ltd.

BouMatic

Connecterra B.V.

Cowlar Inc

CowManager B.V.

HerdInsights

Lely

MOOCALL

QUANTIFIED AG

SCR Dairy

Smart Collar Tag for Cow Market Segmented by Region/Country: North America, Europe, Asia Pacific, Middle East & Africa, and Central & South America

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Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the global Smart Collar Tag for Cow market.

Highlights key business priorities in order to guide the companies to reform their business strategies and establish themselves in the wide geography.

The key findings and recommendations highlight crucial progressive industry trends in the Smart Collar Tag for Cow market, thereby allowing players to develop effective long-term strategies in order to garner their market revenue. 

Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.

Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those restraining the growth to a certain extent.

Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation, and industry verticals.

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