Press release
Livestock Monitoring Market is expected to show growth from 2024 to 2029, reported by Maximize Market Research
Livestock Monitoring Market size was valued at USD 5.2 Billion in 2023 and the total revenue is expected to grow at a CAGR of 17.2% from 2024 to 2030, reaching nearly USD 15.79 Billion in 2030.๐๐ข๐ฏ๐๐ฌ๐ญ๐จ๐๐ค ๐๐จ๐ง๐ข๐ญ๐จ๐ซ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ
Livestock monitoring involves observing, tracking, and managing farm animals like cattle, poultry, and swine using technology like sensors, GPS, RFID, and data analytics. The goal is to improve farming operations, animal productivity, health management, and overall efficiency in agriculture. The Livestock Monitoring Market has evolved with technology, leading to growth due to the demand for better livestock management, increased productivity, and animal welfare. IoT, RFID, sensors, GPS, and AI have transformed livestock monitoring by enabling real-time data collection and analysis to monitor animal health, behavior, and location. This has resulted in widespread adoption across various livestock types, including cattle, poultry, and swine, as the global livestock industry embraces modernization. Growing concerns for animal health and welfare drive the livestock monitoring market, boosted by government initiatives like the EU's regulations on animal traceability. Remote monitoring, data-driven decisions, and compliance with food safety regulations are key drivers.
The major key players are the Afimilk Ltd, Connecterra, Quantified AG, Quantified AG, Merck Animal Health, Lely International NV, and GEA Farm Technologies. The Livestock Monitoring market in North America was dominant in 2023 and is predicted to maintain its lead in the future. The United States plays a key role in driving market growth due to its advanced technology and extensive livestock industry, particularly in cattle and poultry farming. Canada also contributes significantly with advanced monitoring technologies in dairy and swine farming. North America is a major consumer of livestock monitoring solutions, driven by a focus on farm efficiency and animal welfare. The region has a balanced market, with exports of monitoring technologies to emerging markets and limited imports of specialized equipment. Overall, North America's Livestock Monitoring Market is dynamic and growing, with a strong focus on innovation and technological advancements.
๐๐ฅ๐ข๐๐ค ๐ญ๐ก๐ ๐๐๐ฅ๐จ๐ฐ ๐ฅ๐ข๐ง๐ค ๐๐จ๐ซ ๐ฆ๐จ๐ซ๐ ๐๐๐ญ๐๐ข๐ฅ๐ฌ:https://www.maximizemarketresearch.com/request-sample/95078/
๐๐๐๐๐ง๐ญ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ๐ฌ:
July 2024: Fancom BV and OptiFarm team up for AI-powered livestock management software, current testing in Netherlands.
In April 2024, BouMatic and Brolis Sensor Technology partnered to create new dairy farming products.
In January 2024, Nikon introduced NiLIMO, an AI platform for farmers to monitor livestock year-round. The system alerts owners during calving season.
๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐จ๐ ๐๐ข๐ฏ๐๐ฌ๐ญ๐จ๐๐ค ๐๐จ๐ง๐ข๐ญ๐จ๐ซ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ
North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest)
๐๐จ ๐ฅ๐๐๐ซ๐ง ๐ฆ๐จ๐ซ๐, ๐ฌ๐ข๐ฆ๐ฉ๐ฅ๐ฒ ๐๐ฅ๐ข๐๐ค ๐จ๐ง ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค:https://www.maximizemarketresearch.com/request-sample/95078/
๐๐ข๐ฏ๐๐ฌ๐ญ๐จ๐๐ค ๐๐จ๐ง๐ข๐ญ๐จ๐ซ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง
๐๐ฒ ๐๐ง๐ข๐ฆ๐๐ฅ ๐๐ฒ๐ฉ๐
Cattle
Poultry
Swine
Equine
Others
๐๐ฒ ๐๐๐๐๐ซ๐ข๐ง๐
Hardware
Software
Services
๐๐ฒ ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง
Milk Harvesting Management
Heat Detection Monitoring
Feeding Management
Heat Stress Management
Health Monitoring Management
Sorting and Weighing Management
๐ ๐จ๐ซ ๐ ๐๐๐๐ฉ๐๐ซ ๐ฎ๐ง๐๐๐ซ๐ฌ๐ญ๐๐ง๐๐ข๐ง๐ , ๐๐ฅ๐ข๐๐ค ๐จ๐ง ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค:https://www.maximizemarketresearch.com/market-report/global-livestock-monitoring-market/95078/
๐๐ข๐ฏ๐๐ฌ๐ญ๐จ๐๐ค ๐๐จ๐ง๐ข๐ญ๐จ๐ซ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐ฅ๐๐๐๐๐ซ๐ฌ
๐๐ฅ๐จ๐๐๐ฅ
Afimilk Ltd.
Connecterra
Cainthus
SmartShepherd
Quantified AG
๐๐ฎ๐ซ๐จ๐ฉ๐
GEA Farm Technologies
DeLaval
BouMatic, LLC
Merck Animal Health
Dairymaster Ltd.
Lely International NV
Fullwood Packo Ltd.
Nedap NV
GEA Group Aktiengesellschaft
Sensaphone
๐๐๐ญ๐ก๐๐ซ๐ฅ๐๐ง๐
Fancom BV
Nedap NV
๐๐จ ๐๐๐ญ ๐๐จ๐ซ๐:https://www.maximizemarketresearch.com/request-sample/95078/
๐๐๐ฒ ๐ช๐ฎ๐๐ฌ๐ญ๐ข๐จ๐ง๐ฌ ๐๐ง๐ฌ๐ฐ๐๐ซ๐๐ ๐ข๐ง ๐ญ๐ก๐ ๐๐ข๐ฏ๐๐ฌ๐ญ๐จ๐๐ค ๐๐จ๐ง๐ข๐ญ๐จ๐ซ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐:
Which region is expected to hold the highest share in the Livestock Monitoring Market?
Who are the top key players in the Livestock Monitoring Market?
Which segment is expected to hold the largest market share in the Livestock Monitoring Market by 2030?
What is the market size of the Livestock Monitoring Market by 2023?
What was the market size of the Livestock Monitoring Market in 2030?
๐๐๐ฒ ๐๐๐๐๐ซ๐ข๐ง๐ ๐ฌ:
Past Livestock Monitoring Market Size and Competitive Landscape (2018 to 2022)
Past Pricing and price curve by region (2018 to 2022)
Livestock Monitoring Market Size, Share, Size & Forecast by Different Segment | 2024-2030
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by
Region
Market Segmentation - A detailed analysis by segment with their sub-segments and Region
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of Business by Region
Lucrative business opportunities with SWOT analysis
Recommendations
๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐ก๐๐ฌ ๐๐ฅ๐ฌ๐จ ๐ฉ๐ฎ๐๐ฅ๐ข๐ฌ๐ก๐๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐จ๐ง
Global Smartphone operating system (OS) market size was US$ XX Bn in 2019 and is expected to reach US$ XX Bn by 2027, at a CAGR of 20% during the forecast period.
๐๐๐ญ ๐๐ง๐๐จ:https://www.maximizemarketresearch.com/market-report/global-smartphone-operating-system-os-market/66436/
Thermal Analyzer Market size was US$ 569.7 Mn in 2022 and is expected to reach US$ 780.49 Mn by 2029, at a CAGR of 4.6% during the forecast period.
๐๐๐ญ ๐๐ง๐๐จ:https://www.maximizemarketresearch.com/market-report/global-thermal-analyzer-market/68513/
LCD Driver Market is expected to grow at a CAGR of 5.1% during the forecast period and it is expected to reach US$ 13.42 Bn. by 2029.
๐๐๐ญ ๐๐ง๐๐จ:https://www.maximizemarketresearch.com/market-report/global-lcd-driver-market/70491/
Beam Splitter Market was valued at US$ 428.48 Mn. in 2022. Beam Splitter Market size is estimated to grow at a CAGR of 9.69%.
๐๐๐ญ ๐๐ง๐๐จ:https://www.maximizemarketresearch.com/market-report/beam-splitter-market/72028/
Global Flexible Circuit Manufacturing Market is expected to reach US$ 26.23 Bn. by 2027, at a CAGR of 12.6% during the forecast period.
๐๐๐ญ ๐๐ง๐๐จ:https://www.maximizemarketresearch.com/market-report/global-flexible-circuit-manufacturing-market/73826/
๐๐๐๐๐๐๐๐ ๐๐๐๐๐๐ ๐๐๐๐๐๐๐๐ ๐๐๐. ๐๐๐.
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๐๐๐จ๐ฎ๐ญ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก
Maximize Market Research is a global Market research and consulting company that provides businesses with insights to foster their growth and competitive advantage. The company specializes in delivering actionable and data-driven research reports tailored to help organizations make informed decisions. With a team of experienced analysts and consultants, Maximize Market Research offers expertise across multiple industries, including healthcare, technology, manufacturing, consumer goods, and more. Their services cover Market sizing, forecasting, competitive analysis, and customer insights, helping clients to address their strategic needs and identify emerging trends. The company emphasizes client success, offering detailed analysis and recommendations that support business transformation and operational excellence. Maximize Market Research also provides custom research services, allowing businesses to get solutions specific to their Market challenges. With a strong global presence, the company serves clients from various sectors, ensuring they stay ahead in a rapidly evolving Market landscape.
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