The global livestock monitoring market size was US$ 1,654 million in 2021. The global livestock monitoring market size is forecast to reach US$ 4,341 million by 2030, growing at a compound annual growth rate (CAGR) of 11.7% during the forecast period from 2022 to 2030.
Livestock management also referred to as livestock monitoring or precision livestock farming, uses IoT-enabled sensors to track and monitor the health of livestock, most frequently cattle. Technology is used in livestock monitoring to raise the productivity and profitability of livestock production. Instead of relying entirely on the senses of farmers, on-site tracking sensors provide data on the whereabouts and physical condition of animals. Hardware sensors assist farmers in monitoring the general health of their livestock, including reproduction, feeding habits, and hygiene. A system like this can help farmers keep track of the general health of their animals, including feeding habits, reproduction, and hygiene.
Factors Influencing Market Growth
Impact Analysis of COVID-19
The COVID-19 pandemic has affected millions of people worldwide. Most industries, including the animal health sector, were affected economically by the infectious COVID-19. Due to the nationwide lockdown and social distancing demand for livestock monitoring increased. Despite the pandemic's disruptions, market actors were able to provide clients with a variety of supports in order to limit disturbance to their operations. In addition, companies expanded remote digital services to their clients, including virtual solutions for tasks like product trials and equipment installation.
Regional Analysis
North America accounted for a major share in 2021 and is forecast to have substantial growth during the forecast period. As a result of the existence of cattle care companies combined with technical advances, corporatization of farm and poultry sectors, and government-based modern farming programs. In addition, the adoption of technologically advanced devices such as sensors, smart cameras, and positioning systems and the increasing demand to decrease the costs associated with livestock rearing. Additionally, the growing prevalence of zoonotic diseases has boosted the demand for technology to monitor sick animals. Thus, these factors boost the market growth in the region.
Leading Competitors
The leading prominent companies profiled in the global livestock monitoring market are:
Scope of the Report
The global livestock monitoring market segmentation focuses on Animal Type, Component, Application, and Region.
Segmentation based on Animal Type
Segmentation based on Component
Segmentation based on Application
Segmentation based on Region
[TABLE OF CONTENTS]
1 INTRODUCTION OF GLOBAL LIVESTOCK MONITORING MARKET
1.1 OVERVIEW OF THE MARKET
1.2 SCOPE OF REPORT
1.3 ASSUMPTIONS
2 EXECUTIVE SUMMARY
3 RESEARCH METHODOLOGY
3.1 DATA MINING
3.2 VALIDATION
3.3 PRIMARY INTERVIEWS
3.4 LIST OF DATA SOURCES
4 GLOBAL LIVESTOCK MONITORING MARKET OUTLOOK
4.1 OVERVIEW
4.2 MARKET DYNAMICS
4.2.1 DRIVERS
4.2.2 RESTRAINTS
4.2.3 OPPORTUNITIES
4.3 PORTERS FIVE FORCE MODEL
4.4 VALUE CHAIN ANALYSIS
5 GLOBAL LIVESTOCK MONITORING MARKET, BY ANIMAL TYPE
5.1 OVERVIEW
5.2 CATTLE
5.3 SHEEP
5.4 GOATS
5.5 PIGS
5.6 POULTRY
6 GLOBAL LIVESTOCK MONITORING MARKET, BY COMPONENT
6.1 OVERVIEW
6.2 HARDWARE
6.2.1 GPS
6.2.2 SENSORS
6.2.3 OTHERS
6.3 SOFTWARE
6.3.1 ON-PREMISE
6.3.2 ON CLOUD
6.4 SERVICES
6.4.1 MAINTENANCE & SUPPORT
6.4.2 INTEGRATION & DEPLOYMENT
6.4.3 OTHERS
7 GLOBAL LIVESTOCK MONITORING MARKET, BY APPLICATION
7.1 OVERVIEW
7.2 MILK HARVESTING MANAGEMENT
7.3 BREEDING MANAGEMENT
7.4 FEEDING MANAGEMENT
7.5 HEAT STRESS MANAGEMENT
7.6 ANIMAL COMFORT MANAGEMENT
7.7 BEHAVIOR MONITORING AND CONTROL
8 GLOBAL LIVESTOCK MONITORING MARKET, BY GEOGRAPHY
8.1 OVERVIEW
8.2 NORTH AMERICA
8.2.1 NORTH AMERICA MARKET SNAPSHOT
8.2.2 U.S.
8.2.3 CANADA
8.2.4 MEXICO
8.3 EUROPE
8.3.1 EUROPE MARKET SNAPSHOT
8.3.2 WESTERN EUROPE
8.3.2.1 THE UK
8.3.2.2 GERMANY
8.3.2.3 FRANCE
8.3.2.4 ITALY
8.3.2.5 SPAIN
8.3.2.6 REST OF WESTERN EUROPE
8.3.3 EASTERN EUROPE
8.3.3. 1 POLAND
8.3.3.2 RUSSIA
8.3.3.3 REST OF EASTERN EUROPE
8.4 ASIA PACIFIC
8.4.1 ASIA PACIFIC MARKET SNAPSHOT
8.4.2 CHINA
8.4.3 JAPAN
8.4.4 INDIA
8.4.5 AUSTRALIA & NEW ZEALAND
8.4.6 ASEAN
8.4.7 REST OF ASIA PACIFIC
8.5 MIDDLE EAST & AFRICA
8.5.1 MIDDLE EAST & AFRICA MARKET SNAPSHOT
8.5.2 UAE
8.5.3 SAUDI ARABIA
8.5.4 SOUTH AFRICA
8.5.5 REST OF MEA
8.6 SOUTH AMERICA
8.6.1 SOUTH AMERICA MARKET SNAPSHOT
8.6.2 BRAZIL
8.6.3 ARGENTINA
8.6.4 REST OF SOUTH AMERICA
9 GLOBAL LIVESTOCK MONITORING MARKET COMPETITIVE LANDSCAPE
9.1 OVERVIEW
9.2 COMPANY MARKET RANKING
9.3 KEY DEVELOPMENT STRATEGIES
10 COMPANY PROFILES
10.1 DELAVAL INCORPORATED
10.1.1 OVERVIEW
10.1.2 FINANCIAL PERFORMANCE
10.1.3 PRODUCT OUTLOOK
10.1.4 KEY DEVELOPMENTS
10.2 GEA GROUP AKTIENGESELLSCHAFT
10.2.1 OVERVIEW
10.2.2 FINANCIAL PERFORMANCE
10.2.3 PRODUCT OUTLOOK
10.2.4 KEY DEVELOPMENTS
10.3 AFIMILK LIMITED
10.3.1 OVERVIEW
10.3.2 FINANCIAL PERFORMANCE
10.3.3 PRODUCT OUTLOOK
10.3.4 KEY DEVELOPMENTS
10.4 SENSAPHONE
10.4.1 OVERVIEW
10.4.2 FINANCIAL PERFORMANCE
10.4.3 PRODUCT OUTLOOK
10.4.4 KEY DEVELOPMENTS
10.5 BOUMATIC
10.5.1 OVERVIEW
10.5.2 FINANCIAL PERFORMANCE
10.5.3 PRODUCT OUTLOOK
10.5.4 KEY DEVELOPMENTS
10.6 ANTELLIQ
10.6.1 OVERVIEW
10.6.2 FINANCIAL PERFORMANCE
10.6.3 PRODUCT OUTLOOK
10.6.4 KEY DEVELOPMENTS
10.7 DAIRYMASTER LIMITED
10.7.1 OVERVIEW
10.7.2 FINANCIAL PERFORMANCE
10.7.3 PRODUCT OUTLOOK
10.7.4 KEY DEVELOPMENTS
10.8 FANCOM
10.8.1 OVERVIEW
10.8.2 FINANCIAL PERFORMANCE
10.8.3 PRODUCT OUTLOOK
10.8.4 KEY DEVELOPMENTS
10.9 LELY
10.9.1 OVERVIEW
10.9.2 FINANCIAL PERFORMANCE
10.9.3 PRODUCT OUTLOOK
10.9.4 KEY DEVELOPMENTS
10.10 FULLWOOD PACKO.
10.10.1 OVERVIEW
10.10.2 FINANCIAL PERFORMANCE
10.10.3 PRODUCT OUTLOOK
10.10.4 KEY DEVELOPMENTS
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