From Sensors to Satellite Data: The Technologies Shaping Precision Livestock Farming

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Precision Livestock Farming is the use of advanced technologies to monitor and manage livestock with greater accuracy and efficiency.

Precision Livestock Farming Market size was valued at USD 4.14 Bn. in 2023 and the total Precision Livestock Farming revenue is expected to grow by 8.5 % from 2024 to 2030, reaching nearly USD 7.33 Bn.

Precision Livestock Farming Market Overview:

Maximize Market Research is a Business Consultancy Firm that has published a detailed analysis of the “Precision Livestock Farming Market”. The report includes key business insights, demand analysis, pricing analysis, and competitive landscape. The analysis in the report provides an in-depth aspect at the current status of the Precision Livestock Farming Market.

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Precision Livestock Farming Market Scope and Methodology:

The Precision Livestock Farming Market requires a mix of both qualitative and quantitative research methods. Precision Livestock Farming Market information is gathered through different research methods including expert advice, primary and secondary research, both qualitative and quantitative. Primary research gathers important data from interviews, surveys, questionnaires, and input from industry experts, customers and other sources either in person or over the phone.

The report provides in-depth analysis on different strategies used by leading companies, such as partnerships, mergers, acquisitions, and collaborations. The report conducted a SWOT analysis to evaluate the company's market position through identifying its strengths, weaknesses, opportunities, and threats. Analytical techniques, such as examining investment returns, conducting a feasibility study, and using Porter's five forces analysis, were employed to assess the Precision Livestock Farming market. The bottom-up approach was used to determine the global and regional Precision Livestock Farming market sizes.

Precision Livestock Farming Market Regional Insights:

The Precision Livestock Farming Market report is segmented into various key countries. Countries such as North America (United States, Canada, Mexico), Europe (United Kingdom, Germany, France, Spain, Italy, Rest of Europe), Asia Pacific (China, India, Japan, Australia, South Korea, ASEAN countries, other APAC countries), South America (Brazil), and the Middle East and Africa.

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Precision Livestock Farming Market Segmentation:

  by Offering

Hardware
Software
Services

In terms of market size, the hardware sector is anticipated to lead the worldwide precision livestock farming market over the forecast period, according to Offerings. Hardware, software, and services are the three primary market segments.


by Technology

Identification And Tracking
Milking Robotic Systems
Poultry Monitoring and Robotic Systems
Precision Feeding Systems
Sensors And Monitoring Devices
Software And Data Analytics
GPS Tracking and Geolocation Systems
Others


by Farm Type

Dairy Farms
Poultry Farms
Swine Farms
Others (Equine and Bovine Farms)


by Application

Livestock Health and Behavior Monitoring Management
Environmental Monitoring
Feed Management
Milk Harvesting
Sorting, Animal Weighing Data Analysis, And Financial
Waste Management

According to application, the precision livestock farming market from 2024 to 2030 is expected to have the second-largest market size for the feeding management application segment. The heightened consciousness among livestock farm owners regarding the effective administration of feed inventory and animal diets is anticipated to propel substantial expansion in this industry.

Precision Livestock Farming Market Key Players:

 1. Afimlik (Israel)
3. Allflex (Israel)
4. Antelliq
5. BouMatic (US)
7. Connecterra
8. Cowlar
9. Dairymaster (Ireland)
10. DeLaval (Sweden)
11. Fancom B.V.
12. Farm Control
13. Fullwood Paco Ltd.
14. GEA Farm Technology (Germany)
16. HokoFarm-Group

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Key questions answered in the Precision Livestock Farming Market are:

  • What is Precision Livestock Farming ?
  • What is the growth rate of the Precision Livestock Farming Market?
  • Which are the factors expected to drive the Precision Livestock Farming Market growth?
  • What are the upcoming opportunities and trends for the Precision Livestock Farming Market?
  • Who are the leading companies and what are their portfolios in Precision Livestock Farming Market? 
  • What are the recent industry trends that can be implemented to generate additional revenue streams for the Precision Livestock Farming Market?
  • Who are the key players in the Precision Livestock Farming Market?
  • What are the different segments of the Precision Livestock Farming Market?
  • Which is the fastest growing region in the Precision Livestock Farming Market?
  • What growth strategies are the players considering to increase their presence in Precision Livestock Farming ?
  • What is the CAGR at which the Precision Livestock Farming Market will grow during the forecast period?
  • What segments are covered in the Precision Livestock Farming Market?

For additional insights into this study, please refer to:https://www.maximizemarketresearch.com/market-report/precision-livestock-farming-market/198396/ 

Key Offerings:

  • Past Market Size and Competitive Landscape 
  • Past Pricing and price curve by region
  • Market Size, Share, Size Forecast by different segment 
  • Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
  • Market Segmentation – A detailed analysis by segment with their sub-segments and Region 
  • Competitive Landscape – Profiles of selected key players by region from a strategic perspective 
    • Competitive landscape – Market Leaders, Market Followers, Regional player
    • Competitive benchmarking of key players by region
  • PESTLE Analysis 
  • PORTER’s analysis 
  • Value chain and supply chain analysis 
  • Legal Aspects of Business by Region
  • Lucrative business opportunities with SWOT analysis 
  • Recommendations 

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