Insights on the Livestock Monitoring Global Market to 2031: Increasing Focus on Early Disease Detection and Real-time Monitoring in Livestock Drives Growth

DUBLIN, Feb. 28, 2023 /PRNewswire/ -- The "Livestock Monitoring Global Market Report 2022" report has been added to  ResearchAndMarkets.com's offering.

This report provides strategists, marketers and senior management with the critical information they need to assess the global livestock monitoring market.

The global livestock monitoring market is expected to grow from $2.41 billion in 2021 to $2.76 billion in 2022 at a compound annual growth rate (CAGR) of 14.60%. The livestock monitoring market is expected to grow to $5.18 billion in 2026 at a compound annual growth rate (CAGR) of 17.03%.

Reasons to Purchase

• Gain a truly global perspective with the most comprehensive report available on this market covering 12+ geographies.
• Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates.
• Create regional and country strategies on the basis of local data and analysis.
• Identify growth segments for investment.
• Outperform competitors using forecast data and the drivers and trends shaping the market.
• Understand customers based on the latest market research findings.
• Benchmark performance against key competitors.
• Utilize the relationships between key data sets for superior strategizing.
• Suitable for supporting your internal and external presentations with reliable high quality data and analysis

Major players in the livestock monitoring market are DeLaval Inc, Afimilk Ltd, Boumatic, Dairymaster, Lely, Fullwood Packo Ltd, GEA Group Aktiengesellschaft, Communications Group Lethbridge, Sensaphone, SUM-IT Computer Systems, SCR Dairy, Fancom BV, Infovet, Nedap NV, Allflex Livestock Intelligence and Antelliq Corporation.

The livestock monitoring market consists of sales of livestock monitoring system by entities (organizations, partnerships, and sole proprietors) that is used to keep a check on farm animals remotely. Livestock monitoring system tracks and monitors the activities such as eating, drinking, resting, fertility, temperature, and movement patterns of farm animals such as cattle.

This tracking system helps identify any issues faced by the livestock before they escalate and causes harm to them. Various tools and technologies used in livestock monitoring include a camera, microphones, thermometers, accelerometers, IoT, machine learning, deep vision, and others.

The main types of livestock in the livestock monitoring market are cattle, poultry, swine, equine and others. The cattle livestock monitoring solutions used for monitoring a group of animals including cows, and buffalos. Livestock monitoring uses sensor technology to monitor and ensure the safety of cattle.

Livestock monitoring is offered through hardware, software and services and have application in milk harvesting management, heat detection monitoring, feeding management, heat stress management, health monitoring management and sorting and weighing management.

North America was the largest region in the livestock monitoring market in 2021. The regions covered in the livestock monitoring market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

This livestock monitoring market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The increasing focus on early disease detection and real-time monitoring in livestock is expected to significantly drive the growth of the livestock monitoring market. The focus on real-time monitoring and early disease detection are crucial for providing proper care for the animals and helping maintain the animal's good health. With sensor technologies aids in real-time tracking and monitoring any issues in livestock can be identified so that they can be rectified as early as possible.

Technological advancement such as heard management systems is a key trend gaining popularity in the livestock monitoring market. Farmers can keep their cows fresh and healthy by using herd management systems.

The herd management system is an advanced system with a single tag that uses software modules to analyze the real-time behavior of livestock. These devices allow farmers to increase milk output while never overworking the cow. It is a less invasive method of keeping track of cows, as it does not need branding or more tagging. 

The countries covered in the livestock monitoring market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA.

Key Topics Covered:

1. Executive Summary

2. Livestock Monitoring Market Characteristics

3. Livestock Monitoring Market Trends And Strategies

4. Impact Of COVID-19 On Livestock Monitoring

5. Livestock Monitoring Market Size And Growth
5.1. Global Livestock Monitoring Historic Market, 2016-2021, $ Billion
5.1.1. Drivers Of The Market
5.1.2. Restraints On The Market
5.2. Global Livestock Monitoring Forecast Market, 2021-2026F, 2031F, $ Billion
5.2.1. Drivers Of The Market
5.2.2. Restraints On the Market

6. Livestock Monitoring Market Segmentation
6.1. Global Livestock Monitoring Market, Segmentation By Livestock Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

• Cattle
• Poultry
• Swine
• Equine
• Others

6.2. Global Livestock Monitoring Market, Segmentation By Offering, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

• Hardware
• Software
• Services

6.3. Global Livestock Monitoring Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

• Milk Harvesting Management
• Heat Detection Monitoring
• Feeding Management
• Heat Stress Management
• Health Monitoring Management
• Sorting And Weighing Management

7. Livestock Monitoring Market Regional And Country Analysis
7.1. Global Livestock Monitoring Market, Split By Region, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
7.2. Global Livestock Monitoring Market, Split By Country, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

For more information about this report visit https://www.researchandmarkets.com/r/a20oeb

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Media Contact:

Research and Markets
Laura Wood, Senior Manager
[email protected]
 
For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
 
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

Logo: https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg

SOURCE Research and Markets