Smart Collar Tag For Cow Market Share & Trends Analysis Report By Form, By Application, By Region And Segment Forecasts 2024-2031 | Diamond Dotz, Paint With Diamonds, Diamond Art Club

Smart Collar Tag For Cow Market Research Report By DataM Intelligence: A comprehensive analysis of current and emerging trends provides clarity on the dynamics of the Smart Collar Tag For Cow market. The report employs Porter's Five Forces model to assess key factors such as the influence of suppliers and customers, risks posed by different entities, competitive intensity, and the potential of emerging entrepreneurs, offering valuable insights. Additionally, the report presents research data from various companies, including their benefits, gross margins, and strategic decisions in the global market, all conveyed through tables, charts, and infographics.

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What is the projected growth rate (CAGR) of the Global Smart Collar Tag For Cow market from 2024 to 2031, and what is the market value expected to change by 2031?

Global Smart Collar Tag for Cow Market reached US$ 321.3 million in 2022 and is expected to reach US$ 556.6 million by 2031, growing with a CAGR of 7.11% during the forecast period 2024-2031.

What is Smart Collar Tag For Cow Market?

A smart collar tag for cows is an advanced monitoring device designed to be attached to the neck of cattle, providing real-time data on their health, location, and behavior.

Growth Driver

The rising demand for smart collar tags in dairy farming is driving market growth, as these devices cater to the specific needs of managing large herds. With approximately 270 million dairy cows globally, smart collar tags provide real-time data on each cow's location, health, and behavior, facilitating effective herd management. This technology allows farmers to monitor milking schedules, feeding routines, and breeding cycles, ultimately enhancing milk yields and overall productivity.

Key Players:

Profiles of some of the major players in the global Smart Collar Tag For Cow market, which include Diamond Dotz, Paint With Diamonds, Diamond Art Club, Diamond Art Home, Leisure Arts, Diamond Painting Pro, Pretty Neat Creative, DIY Moon Shop, Yiwu Kaina Arts and CARREAU.

Industry Development:

In March 2023, New Zealand ag-tech startup Haltar raised NZ$85 million in a Series C funding round to support its innovative cow collars.

In February 2022, Semtech Corporation, a leading supplier of high-performance analog and mixed-signal semiconductors, partnered with Australian company Smart Paddock, which specializes in smart tags for the livestock industry.

Previously, in April 2021, Halter secured $32 million in a Series B funding round to advance its "smart collar" technology for fence-free dairy farming. This technology aims to enhance livestock management and improve efficiency in dairy operations.

The purpose of the report is to offer a comprehensive analysis of the market, along with insightful conclusions, statistical data, historical information, market data that has been confirmed by the industry, and predictions based on a sound methodology. By identifying and examining market segments and forecasting global market size, the study also contributes to understanding the dynamics and structure of the global Smart Collar Tag For Cow market.

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Market Segments:

The report covers the segmentation of the market into different segments based on various classifications such as applications, end users, product types, and others. The segmentation is divided into two sections, one for development and the other for different roles, needs, and behaviors.

By Product: GPS Based, Radio Based, Others

By Application: Tracking, Training, Monitoring, Others

Regional Break out:

☞ North America - US, Canada, Mexico

☞ Europe- Germany, Russia, UK, France, Italy, Rest of Europe

☞ Asia Pacific- China, India, Japan, Australia, Rest of Asia Pacific

☞ South America- Brazil, Argentina, Colombia, Rest of South America

☞ Middle East and Africa

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