Global Livestock Monitoring
Market Report
2024
Livestock Monitoring market size will be USD 4.9 billion in 2024 and will expand at a compound annual growth rate (CAGR) of 20.80% from 2024 to 2031.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global Livestock Monitoring market size will be USD 4.9 billion in 2024 and will expand at a compound annual growth rate (CAGR) of 20.80% from 2024 to 2031.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Livestock Monitoring Market Sales Revenue 2024 | $ 4.9 Billion |
Global Livestock Monitoring Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 20.8% |
Market Split by Offering |
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Market Split by Livestock Type |
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Market Split by Application |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Livestock Monitoring Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
The Livestock Monitoring Market is a burgeoning sector leveraging advanced technologies to enhance animal health, productivity, and welfare in agricultural practices. This market encompasses a variety of monitoring solutions, including IoT (Internet of Things) devices, sensors, and data analytics platforms tailored for livestock management. By deploying these technologies, farmers and ranchers can remotely monitor vital parameters such as health indicators, behavior patterns, and environmental conditions in real time. AI-powered algorithms analyze the collected data to detect early signs of illness, optimize feeding schedules, and improve breeding strategies, ultimately leading to more efficient livestock management practices. The integration of livestock monitoring solutions not only increases productivity and profitability for farmers but also contributes to sustainable agriculture by reducing resource wastage and promoting animal welfare.
Rising Focus on Real-time Monitoring and Early Disease Detection to Increase the Demand Globally - The rising emphasis on real-time monitoring and early disease detection is a key driver of the Livestock Monitoring market. Real-time monitoring enables farmers to continuously track health and the behavior of their animals, allowing for timely intervention in case of any abnormalities. Early disease detection, facilitated by advanced sensors and data analytics, enables prompt treatment, reducing the spread and impact of illnesses on livestock populations. This proactive approach not only improves animal welfare but also helps prevent significant economic losses associated with disease outbreaks.
Rising Demand for Sustainable and Precision Agricultural Practices- The surging demand for sustainable and precision agriculture practices, which optimize resource utilization and minimize environmental impact, is another key driver fueling the growth of the Livestock Monitoring market.
High Cost of Livestock Monitoring Solutions- The high cost of livestock monitoring solutions can hinder market growth by posing a barrier to adoption for smaller-scale farmers and ranchers who may lack the financial resources to invest in these technologies.
Limited Internet Connectivity and Infrastructure—Limited internet connectivity and infrastructure in rural areas can be a significant restraining factor for the livestock monitoring market, impeding the seamless implementation and utilization of monitoring technologies.
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In June 2021, MSD Animal Health declared to acquire the assets of LIC Automation Ltd., a subsidiary of LIC Ltd., which provides integrated herd management systems and sensors for milk testing. This acquisition helped MSD Animal Health to diversify its portfolio related to animal well-being products.
(Sourcehttps://www.msd-animal-health.com/)
Top Companies Market Share in Livestock Monitoring Industry: (In no particular order of Rank)
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Global Livestock Monitoring Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Livestock Monitoring Industry growth. Livestock Monitoring market has been segmented with the help of its Offering , Livestock Type Application , and others. Livestock Monitoring market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
According to Cognitive Market Research, hardware is the dominating category due to its essential role in data collection and transmission. Sensors, RFID tags, GPS trackers, and other monitoring devices are crucial components enabling real-time tracking of animal health, behavior, and environmental conditions. These hardware solutions provide valuable insights to farmers and ranchers, facilitating proactive decision-making and improving overall livestock management practices. Additionally, advancements in hardware technology have led to the development of more reliable, durable, and cost-effective monitoring devices, further solidifying their dominance in the market.
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Livestock Monitoring Industry. Request a Free Sample PDF!
This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends and opportunities for each application of Livestock Monitoring from 2019 to 2031. This will also help to analyze the demand for Livestock Monitoring across different end-use industries. Our research team will also help acquire additional data such as Value Chain, Patent analysis, Company Evaluation Quadrant (Matrix), and much more confidential analysis and data insights.
Some of the key Livestock Type of Livestock Monitoring are:
The above Graph is for representation purposes only. This chart does not depict actual Market share. Please purchase the Livestock Monitoring market report 2024 Edition by contacting our team.
According to Cognitive Market Research, North America dominated the market in 2024 and accounted for around 40% of the global revenue. The region boasts a large and technologically advanced agricultural sector, with a high adoption rate of precision farming practices. Additionally, North America is home to numerous livestock producers who prioritize efficiency and productivity, driving the demand for advanced monitoring solutions. Furthermore, the presence of established players and technological innovators in the region contributes to the development and deployment of cutting-edge livestock monitoring technologies.
Asia-Pacific stands out as the fastest-growing region in the Livestock Monitoring market due to rapid urbanization and increasing disposable incomes driving up the demand for high-quality animal products, prompting farmers to adopt advanced monitoring technologies to meet consumer preferences for food safety and quality. Additionally, the region's large agricultural sector, particularly in countries like China and India, presents immense opportunities for livestock monitoring solutions to optimize production efficiency and ensure sustainable farming practices, further fueling market growth in the Asia Pacific.
The current report Scope analyzes Livestock Monitoring Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only. To learn more about geographical trends request the free sample pages. Contact US!
Research Analyst at Cognitive Market Research
I am a well-organized, conscientious, and professional Research Analyst with two plus years of experience. In my current role, I conduct in-depth secondary research, data mining, competitive analysis, DRO's, PR, and Collateral writing. Whilst I enjoy working as part of a team, researching information, analyzing data, and producing results that help my organization to achieve its commercial and financial objectives.
I am a well-organized, conscientious, and professional Research Analyst with two plus years of experience. In my current role, I conduct in-depth secondary research, data mining, competitive analysis, DRO's, PR, and Collateral writing. Whilst I enjoy working as part of a team, researching information, analyzing data, and producing results that help my organization to achieve its commercial and financial objectives.
I am committed to continuous professional development, regularly engaging in workshops, seminars, and staying attuned to the latest industry trends. This commitment reflects my dedication to providing cutting-edge insights and staying ahead in the ever-evolving field of research. I led research initiatives aimed at uncovering market opportunities and enhancing competitive positioning. My responsibilities spanned the entire research lifecycle, from designing methodologies to presenting findings. Through collaborative efforts, I facilitated data-driven decision-making processes that contributed to the overall success of key projects.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Livestock Monitoring Market is witnessing significant growth in the near future.
In 2023, the Hardware segment accounted for noticeable share of global Livestock Monitoring Market and is projected to experience significant growth in the near future.
The Cattle segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies GEA Group Aktiengesellschaft , Afimilk Ltd. and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Table of Content differs accordign to the user License selction. Current Displayed TOC is for the Corporate User License Report Edition. TOC Customization options: Add or Remove section's Or chapter's from the report. Specific section's of report can be ordered at a discounted price. If applicable; On Request Volume Data will also be provided (at an Additional Cost).
Offering | Hardware, Software, Services |
Livestock Type | Cattle, Poultry, Swine, Equine, Others |
Application | Milk Harvesting Management, Heat Detection Monitoring, Feeding Management, Heat Stress Management, Health Monitoring Management, Sorting & Weighing Management |
List of Competitors | GEA Group Aktiengesellschaft, Nedap N.V, Afimilk Ltd., Sensaphone, DeLaval, Intervet Inc., Dairymaster, BouMatic, Fancom BV, Antelliq, Lely, Fullwood Packo., Allflex Livestock Intelligence., ENGS Systems, CowManager B.V, HerdInsights, Zoetis |
This chapter will help you gain GLOBAL Market Analysis of Livestock Monitoring. Further deep in this chapter, you will be able to review Global Livestock Monitoring Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
Chapter 2 North America Market Analysis
Executive Summary North America Market (2019 vs 2024 vs 2031)
Purchase Add-Ons to Customize the Report Edition and get further granular data level data about the North America market. Add-On Cost: Request before placing the order, Respective Pricing will be informed after sending the inquiry
Qualitative Analysis for the North America Market: North America Livestock Monitoring Market Trends North America Livestock Monitoring Technological Road Map North America Livestock Monitoring Market Drivers North America Livestock Monitoring Market Restraints North America Livestock Monitoring Market Opportunity Market Attractiveness Analysis COVID – 19 Impact Analysis PESTEL Analysis Porter’s Five Forces Analysis Product Life Cycle Industrial Chain Analysis
Chapter 3 Europe Market Analysis
Chapter 4 Asia-Pacific Market Analysis
Chapter 5 South America Market Analysis
Chapter 6 Middle East and Africa Market Analysis
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Offering Analysis 2019 -2031, will provide market size split by Offering . This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Offering Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Livestock Type Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 12 Market Split by Application Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Livestock Monitoring market
Chapter 13 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Hardware have a significant impact on Livestock Monitoring market? |
What are the key factors affecting the Hardware and Software of Livestock Monitoring Market? |
What is the CAGR/Growth Rate of Cattle during the forecast period? |
By type, which segment accounted for largest share of the global Livestock Monitoring Market? |
Which region is expected to dominate the global Livestock Monitoring Market within the forecast period? |
Segmentation Level Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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Report Format Alteration |
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