Global Precision Livestock Farming Market Size study, By Offering (Hardware, Software, Services), By System Type (Milking Robotics Systems, Precision Feeding Systems, Livestock Identification, Monitoring and Tracking Systems, Poultry Monitoring and Robotic Systems), By Application (Milk Harvesting, Feeding Management, Livestock Health and Behavior Monitoring, Others), By Farm Type (Dairy Farms, Swine Farms, Poultry Farms, Others), and Regional Forecasts 2022-2028
- BIZ4982655
- 200 Pages
- May 2022
- Food and Beverages
Precision livestock farming is a collection of electronic tools that are used for managing livestock. This technology facilitates tracking farm animals and perceives lameness and enables farmers to take proper actions. This system involves the automated monitoring of animals for boosting their enhancing production, reproduction, health & welfare, and impact on the environment. The increasing adoption of IoT- and AI-enabled devices for livestock monitoring, rising demand for protein and dairy products, coupled with growing focus on real-time monitoring and early disease detection are the primary factors that are fueling the market demand across the globe. For instance, according to Statista, in 2019, the dairy market worldwide was accounted with USD 718.9 billion and the amount is likely to grow and reach USD 1032.7 billion by 2024. Thereby, the growth of the dairy industry is fueling the market demand, which, in turn, accelerates the market growth in the near future. However, high upfront cost and marginal return on investment, and lack of technological awareness among livestock farmers impede the growth of the market over the forecast period of 2022-2028. Also, the growing adoption of livestock monitoring technology in developing countries and the increasing popularity of poultry robots and BSC smart cameras are anticipated to act as a catalyzing factor for the market demand during the forecast period.
The key regions considered for the global Precision Livestock Farming Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. Europe is the leading region across the world in terms of market share owing to high investment in technological developments and the presence of providers of precision livestock farming technology like GEA Farm Technology, DeLaval, Fancom, Lely International, etc. Whereas, Asia-Pacific is anticipated to exhibit the highest CAGR over the forecast period 2022-2028. Factors such as the growth of the livestock farming sector, escalating population, as well as development of the emerging countries such as India, and China, would create lucrative growth prospects for the Precision Livestock Farming Market across the Asia-Pacific region.
Major market players included in this report are:
DeLaval Pvt. Ltd.
Allflex Group
GEA Farm Technology
Afimilk Agricultural Cooperative Ltd.
BouMatic LLC
Lely International N.V.
Dairymaster
Livestock Improvement Corporation
Fancom B.V.
Fullwood Packo Group
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Offering:
Hardware
Software
Services
By System Type:
Milking Robotics Systems
Precision Feeding Systems
Livestock Identification, Monitoring and Tracking Systems
Poultry Monitoring and Robotic Systems
By Application:
Milk Harvesting
Feeding Management
Livestock Health and Behavior Monitoring
Others
By Farm Type:
Dairy Farms
Swine Farms
Poultry Farms
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028
Target Audience of the Global Precision Livestock Farming Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Billion)
1.2.1. Global Precision Livestock Farming Market, by Region, 2020-2028 (USD Billion)
1.2.2. Global Precision Livestock Farming Market, by Offering, 2020-2028 (USD Billion)
1.2.3. Global Precision Livestock Farming Market, by System Type, 2020-2028 (USD Billion)
1.2.4. Global Precision Livestock Farming Market, by Application, 2020-2028 (USD Billion)
1.2.5. Global Precision Livestock Farming Market, by Farm Type, 2020-2028 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Precision Livestock Farming Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Precision Livestock Farming Market Dynamics
3.1. Precision Livestock Farming Market Impact Analysis (2020-2028)
3.1.1. Market Drivers
3.1.1.1. Increasing adoption of IoT- and AI-enabled devices for livestock monitoring
3.1.1.2. Rising demand for protein and dairy products
3.1.2. Market Challenges
3.1.2.1. High upfront cost and marginal return on investment
3.1.2.2. Lack of technological awareness among livestock farmers
3.1.3. Market Opportunities
3.1.3.1. Growing adoption of livestock monitoring technology in developing countries
3.1.3.2. Increasing popularity of poultry robots and BSC smart cameras
Chapter 4. Global Precision Livestock Farming Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2028)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
4.5. Top investment opportunity
4.6. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
5.1.1. Assessment of the overall impact of COVID-19 on the industry
5.1.2. Pre COVID-19 and post COVID-19 market scenario
Chapter 6. Global Precision Livestock Farming Market, by Offering
6.1. Market Snapshot
6.2. Global Precision Livestock Farming Market by Offering, Performance - Potential Analysis
6.3. Global Precision Livestock Farming Market Estimates & Forecasts by Offering 2018-2028 (USD Billion)
6.4. Precision Livestock Farming Market, Sub Segment Analysis
6.4.1. Hardware
6.4.2. Software
6.4.3. Services
Chapter 7. Global Precision Livestock Farming Market, by System Type
7.1. Market Snapshot
7.2. Global Precision Livestock Farming Market by System Type, Performance - Potential Analysis
7.3. Global Precision Livestock Farming Market Estimates & Forecasts by System Type 2018-2028 (USD Billion)
7.4. Precision Livestock Farming Market, Sub Segment Analysis
7.4.1. Milking Robotics Systems
7.4.2. Precision Feeding Systems
7.4.3. Livestock Identification, Monitoring and Tracking Systems
7.4.4. Poultry Monitoring and Robotic Systems
Chapter 8. Global Precision Livestock Farming Market, by Application
8.1. Market Snapshot
8.2. Global Precision Livestock Farming Market by Application, Performance - Potential Analysis
8.3. Global Precision Livestock Farming Market Estimates & Forecasts by Application 2018-2028 (USD Billion)
8.4. Precision Livestock Farming Market, Sub Segment Analysis
8.4.1. Milk Harvesting
8.4.2. Feeding Management
8.4.3. Livestock Health and Behavior Monitoring
8.4.4. Others
Chapter 9. Global Precision Livestock Farming Market, by Farm Type
9.1. Market Snapshot
9.2. Global Precision Livestock Farming Market by Farm Type, Performance - Potential Analysis
9.3. Global Precision Livestock Farming Market Estimates & Forecasts by Farm Type 2018-2028 (USD Billion)
9.4. Precision Livestock Farming Market, Sub Segment Analysis
9.4.1. Dairy Farms
9.4.2. Swine Farms
9.4.3. Poultry Farms
9.4.4. Others
Chapter 10. Global Precision Livestock Farming Market, Regional Analysis
10.1. Precision Livestock Farming Market, Regional Market Snapshot
10.2. North America Precision Livestock Farming Market
10.2.1. U.S. Precision Livestock Farming Market
10.2.1.1. Offering estimates & forecasts, 2018-2028
10.2.1.2. System Type estimates & forecasts, 2018-2028
10.2.1.3. Application estimates & forecasts, 2018-2028
10.2.1.4. Farm Type estimates & forecasts, 2018-2028
10.2.2. Canada Precision Livestock Farming Market
10.3. Europe Precision Livestock Farming Market Snapshot
10.3.1. U.K. Precision Livestock Farming Market
10.3.2. Germany Precision Livestock Farming Market
10.3.3. France Precision Livestock Farming Market
10.3.4. Spain Precision Livestock Farming Market
10.3.5. Italy Precision Livestock Farming Market
10.3.6. Rest of Europe Precision Livestock Farming Market
10.4. Asia-Pacific Precision Livestock Farming Market Snapshot
10.4.1. China Precision Livestock Farming Market
10.4.2. India Precision Livestock Farming Market
10.4.3. Japan Precision Livestock Farming Market
10.4.4. Australia Precision Livestock Farming Market
10.4.5. South Korea Precision Livestock Farming Market
10.4.6. Rest of Asia Pacific Precision Livestock Farming Market
10.5. Latin America Precision Livestock Farming Market Snapshot
10.5.1. Brazil Precision Livestock Farming Market
10.5.2. Mexico Precision Livestock Farming Market
10.6. Rest of The World Precision Livestock Farming Market
Chapter 11. Competitive Intelligence
11.1. Top Market Strategies
11.2. Company Profiles
11.2.1. DeLaval Pvt. Ltd.
11.2.1.1. Key Information
11.2.1.2. Overview
11.2.1.3. Financial (Subject to Data Availability)
11.2.1.4. Product Summary
11.2.1.5. Recent Developments
11.2.2. Allflex Group
11.2.3. GEA Farm Technology
11.2.4. Afimilk Agricultural Cooperative Ltd.
11.2.5. BouMatic LLC
11.2.6. Lely International N.V.
11.2.7. Dairymaster
11.2.8. Livestock Improvement Corporation
11.2.9. Fancom B.V.
11.2.10. Fullwood Packo Group
Chapter 12. Research Process
12.1. Research Process
12.1.1. Data Mining
12.1.2. Analysis
12.1.3. Market Estimation
12.1.4. Validation
12.1.5. Publishing
12.2. Research Attributes
12.3. Research Assumption
TABLE 1. Global Precision Livestock Farming Market, report scope
TABLE 2. Global Precision Livestock Farming Market estimates & forecasts by Region 2018-2028 (USD Billion)
TABLE 3. Global Precision Livestock Farming Market estimates & forecasts by Offering 2018-2028 (USD Billion)
TABLE 4. Global Precision Livestock Farming Market estimates & forecasts by System Type 2018-2028 (USD Billion)
TABLE 5. Global Precision Livestock Farming Market estimates & forecasts by Application 2018-2028 (USD Billion)
TABLE 6. Global Precision Livestock Farming Market estimates & forecasts by Farm Type 2018-2028 (USD Billion)
TABLE 7. Global Precision Livestock Farming Market by segment, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 8. Global Precision Livestock Farming Market by region, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 9. Global Precision Livestock Farming Market by segment, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 10. Global Precision Livestock Farming Market by region, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 11. Global Precision Livestock Farming Market by segment, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 12. Global Precision Livestock Farming Market by region, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 13. Global Precision Livestock Farming Market by segment, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 14. Global Precision Livestock Farming Market by region, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 15. Global Precision Livestock Farming Market by segment, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 16. Global Precision Livestock Farming Market by region, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 17. U.S. Precision Livestock Farming Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 18. U.S. Precision Livestock Farming Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 19. U.S. Precision Livestock Farming Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 20. Canada Precision Livestock Farming Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 21. Canada Precision Livestock Farming Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 22. Canada Precision Livestock Farming Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 23. UK Precision Livestock Farming Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 24. UK Precision Livestock Farming Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 25. UK Precision Livestock Farming Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 26. Germany Precision Livestock Farming Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 27. Germany Precision Livestock Farming Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 28. Germany Precision Livestock Farming Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 29. RoE Precision Livestock Farming Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 30. RoE Precision Livestock Farming Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 31. RoE Precision Livestock Farming Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 32. China Precision Livestock Farming Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 33. China Precision Livestock Farming Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 34. China Precision Livestock Farming Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 35. India Precision Livestock Farming Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 36. India Precision Livestock Farming Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 37. India Precision Livestock Farming Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 38. Japan Precision Livestock Farming Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 39. Japan Precision Livestock Farming Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 40. Japan Precision Livestock Farming Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 41. RoAPAC Precision Livestock Farming Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 42. RoAPAC Precision Livestock Farming Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 43. RoAPAC Precision Livestock Farming Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 44. Brazil Precision Livestock Farming Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 45. Brazil Precision Livestock Farming Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 46. Brazil Precision Livestock Farming Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 47. Mexico Precision Livestock Farming Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 48. Mexico Precision Livestock Farming Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 49. Mexico Precision Livestock Farming Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 50. RoLA Precision Livestock Farming Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 51. RoLA Precision Livestock Farming Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 52. RoLA Precision Livestock Farming Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 53. Row Precision Livestock Farming Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 54. Row Precision Livestock Farming Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 55. Row Precision Livestock Farming Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 56. List of secondary sources, used in the study of global Precision Livestock Farming Market
TABLE 57. List of primary sources, used in the study of global Precision Livestock Farming Market
TABLE 58. Years considered for the study
TABLE 59. Exchange rates considered
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