Livestock Monitoring Market Worth $2.5 Billion by 2025 - Exclusive Report by MarketsandMarkets™

CHICAGO, Feb. 17, 2020 /PRNewswire/ -- According to the new market research report "Livestock Monitoring Market by Offering (Hardware, Software, and Services), Livestock Type (Cattle, Poultry, Swine, Equine), Application (Milk Harvesting, Feeding, Breeding, Behavior Monitoring & Control), Farm Type, Geography - Global Forecast to 2025", published by MarketsandMarkets™, the Livestock Monitoring Market is expected to grow from USD 1.5 billion in 2020 to USD 2.5 billion by 2025, at a CAGR of 10.9%. The growing focus on livestock monitoring and disease detection, increasing adoption of IoT and AI by dairy farmers, and substantial cost-saving associated with livestock monitoring management are driving the growth of this market. The growing population of cattle with rising dairy farms and growing adoption of livestock monitoring technology in developing countries provide major opportunities for the growth of the livestock monitoring market.

Ask for PDF Brochure:
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=72634532

Software component to witness the highest CAGR during 2020–2025

Key players in the livestock monitoring market are GEA Farm Technologies (Germany), DeLaval (Sweden), Afimilk Ltd. (Israel), BouMatic, LLC (US), Antelliq Corporation (France), Dairymaster Ltd. (Ireland), Lely International NV (Netherlands), Fancom BV (Netherlands), Fullwood Packo Ltd. (UK), and Nedap NV (Netherlands). These players are increasingly adopting growth strategies such as product launches and developments, partnerships, collaborations, agreements, and acquisitions to develop and introduce new technologies and products in the market.

Feeding Management  expected to exhibit the highest CAGR in the Livestock monitoring market from 2020 to 2025

The Livestock Monitoring market for the feeding management application is expected to grow at the highest CAGR from 2020 to 2025. The feeding management application is expected to continue to dominate the livestock monitoring market, in terms of size and growth rate, during the forecast period. This high growth is predominantly driven by the increasing availability of innovative feeding technologies such as liquid feeding systems and dry feeding systems.

Browse in-depth TOC on "Livestock Monitoring Market"
104 – Tables
46 – Figures
195 – Pages

Growing population of dairy farms and population expansion boost demand for livestock monitoring in APAC during the forecast period

The Livestock monitoring market in APAC is expected to grow at the highest CAGR during the forecast period.  The population expansion in the region's developing countries is mounting pressure on the suppliers of livestock products to become more efficient and productive, thus pushing the sales of livestock monitoring solutions upward. The rising penetration of IoT in the animal monitoring application also boosts the growth of this market.

Enquiry Before Buying:
https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=72634532

Key players in the livestock monitoring market are GEA Farm Technologies (Germany), DeLaval (Sweden), Afimilk Ltd. (Israel), BouMatic, LLC (US), Antelliq Corporation (France), Dairymaster Ltd. (Ireland), Lely International NV (Netherlands), Fancom BV (Netherlands), Fullwood Packo Ltd. (UK), and Nedap NV (Netherlands). These players are increasingly adopting growth strategies such as product launches and developments, partnerships, collaborations, agreements, and acquisitions to develop and introduce new technologies and products in the market.

Please Explore Relevant Reports:

Precision Livestock Farming Market by Functional Process (Climate Control, Water Usage, Feed Dosage, Weight Estimates, Animal Behaviour), Hardware (Camera, Milking Robots, Sensors, Microphones), Application, and Geography - Analysis & Forecast to 2019 - 2024

Agriculture IoT Market by Offering (Hardware, Software, & Services), Application (Precision Farming, Precision Forestry, Livestock Monitoring, Fish Farm Monitoring and Smart Greenhouse), Application, and Geography - Global Forecast to 2024

About MarketsandMarkets™ 

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Sanjay Gupta
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: [email protected] 
Research Insight: https://www.marketsandmarkets.com/ResearchInsight/livestock-monitoring-market.asp  
Visit Our Web Site: https://www.marketsandmarkets.com 
Content Source : https://www.marketsandmarkets.com/PressReleases/livestock-monitoring.asp 

SOURCE MarketsandMarkets