Livestock Monitoring Market
Livestock Monitoring Market - Global Industry Assessment & Forecast
Segments Covered
- By Offering Hardware, Software, Services
- By Livestock Type Cattle, Poultry, Swine, Equine, Others
- By Application Milk Harvesting Management, Heat Detection Monitoring, Feeding Management, Heat Stress Management, Health Monitoring Management, Sorting and Weighing Management
- By Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
Base Year: | 2022 |
Forecast Years: | 2023 - 2030 |
Historical Years: | 2017 - 2021 |
Revenue 2022: | USD 1468.55 Million |
Revenue 2030: | USD 3264.28 Million |
Revenue CAGR (2023 - 2030): | 10.50% |
Fastest Growing Region (2023 - 2030) | Asia Pacific |
Largest Region (2022): | North America |
Customization Offered
- Cross-segment Market Size and Analysis for Mentioned Segments
- Additional Company Profiles (Upto 5 With No Cost)
- Additional Countries (Apart From Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request Customization Speak To Analyst
Research Methodology: Livestock Monitoring Market by Offering by Livestock Type by Application by Region - Global Market Assessment, 2021 - 2028
Secondary Research
Primary Research:
The later stage covers data validation and collection from primary research. The information gained/procured from the secondary data sources is validated through extensive primary interviews with industry experts across the Livestock Monitoring supply chain. The primary research is also conducted to identify key players in the market and to gather and validate already procured information pertaining to their market-specific financial information. Moreover, primary research is used to gain/validate information about:
- Livestock Monitoring market size at regional and country level
- Key industry players and their market share and Livestock Monitoring market-specific sales/revenue
- Understanding of the Livestock Monitoring supply chain and overall ecosystem
Data Triangulation and Market Size Estimations
After arriving at the global market numbers, top-down and bottom-up approaches are used to estimate, validate and finalize the market size of the Livestock Monitoring market. After the determination of the overall market size, the market is divided into various segments and sub-segments. Moreover, these same approaches mentioned above were used to derive and estimate market numbers for mentioned segments/sub-segments in the market. During the data triangulation process, the data was analyzed by employing various data models and statistical techniques to arrive at exact statistics and market size for each segment/sub-segment of the market. The data is analyzed and triangulated by considering all the key market impacting factors from both supply and demand side of Livestock Monitoring market.
FAQ
Frequently Asked Question
What is the global demand for Livestock Monitoring in terms of revenue?
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The global Livestock Monitoring valued at USD 1468.55 Million in 2022 and is expected to reach USD 3264.28 Million in 2030 growing at a CAGR of 10.50%.
Which are the prominent players in the market?
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The prominent players in the market are Allflex Livestock Intelligence (Subsidiary of MSD Animal Health) (US), DeLaval (Sweden), Afimilk Ltd. (Israel), Nedap N.V. (Netherlands), BouMatic (US), ENGS Systems (Israel), CowManager B.V. (Netherlands), Dairymaster (Ireland), HerdInsights (Subsidiary of Datamars) (Ireland), Zoetis (US).
At what CAGR is the market projected to grow within the forecast period?
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The market is project to grow at a CAGR of 10.50% between 2023 and 2030.
What are the driving factors fueling the growth of the market.
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The driving factors of the Livestock Monitoring include
- Increasing focus on real-time monitoring and early disease detection
Which region accounted for the largest share in the market?
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North America was the leading regional segment of the Livestock Monitoring in 2022.