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The global livestock management market is projected to grow at a CAGR of over 10% during the forecast period. The primary factors that drive the growth of the global livestock management industry include the increased adoption of these systems owing to the availability of technologically enhanced and advanced products, designed and manufactured by the key players.
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Orion Market Research Livestock Management Market Growth, Size, Share and Forecast 2019-2025 Request https://www.omrglobal.com/request-sample/livestock-management-market a free sample of our report on Livestock Management Market: ------------------------------------------------------------------------------------ Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: info@omrglobal.com Contact no: +1 646-755-7667, +91 7803040404
The global livestock management market is projected to grow at a CAGR of over 10% during the forecast period. The primary factors that drive the growth of the global livestock management industry include the increased adoption of these systems owing to the availability of technologically enhanced and advanced products, designed and manufactured by the key players. Integration of IoT and AI has encouraged the increased adoption of these devices for management, monitoring & tracking and has created ample opportunities for the global livestock management market growth in the near future. With the digitization, tracking every move has become easy to collect data points for monitoring the behavior of livestock. Also, it is estimated by Cisco that there will be more than 25 billion IoT devices for the management and monitoring of livestock by the end of 2020. These internet-connected devices aid in increasing the productivity and monitoring of livestock health. For instance, the IoT devices aids in the monitoring of cows, by tracking the cattle movement, fertility, behavior, and lactation. A full report of Livestock Management Market is available at: https://www.omrglobal.com/industry- reports/livestock-management-market Further, the government's supports regarding the adoption of technologically integrated systems are also encouraging the growth of the global livestock management market. For instance, the Kentucky Department of Agriculture (KDA) and Kentucky Office of the State Veterinarian mandated the use of RDIF tags for cattle and other animals for the proper tracking and monitoring of the animals. Besides, the US Department of Agriculture (USDA) announced to mandate RFID tags by 2023 for beef and dairy cattle and bison moving interstate. Thus, the increased number of this government legislation will boost the adoption among the farmers for livestock management. To learn more about this report request a free sample copy @ https://www.omrglobal.com/request- sample/livestock-management-market Smart systems enable to collect complete livestock data including weight variations, location, treatment codes, and estimated birth time along with complete health records and production processes. The increasing use of livestock management in smart farming applications is also one of the key trends that are gaining traction in the global livestock management industry during the forecast period. Further, BouMatic LLC, Dairymaster Ltd., DeLaval, Fancom BV, FBS Systems Inc., Fullwood Packo Ltd., Gallagher Group Ltd., GEA Group AG, HID Global Corp., Hokofarm-Group BV, and Lely International NV, among others are the key players operating in the market and are contributing significantly to expand the global livestock management market size.
Current Market Trends Covered in the Market Report: Rising advancement in the sector is positively affecting the livestock management market growth during the forecast period Shifting of consumer preferences toward the use of IoT integrated systems is expected to provide a growth rate to the livestock management market Poultry segment will have a significant growth in the market Asia-Pacific region to have a major share in the global livestock management market For more customized data, request for report customization @ https://www.omrglobal.com/report- customization/livestock-management-market Global Livestock Management Market – Segment By Type Hardware Software& Services By Animal Type Cattle Poultry Swine Equine Others By Application Milk Harvesting Feeding Management Breeding Animal Health Monitoring & Comfort Others
Global Livestock Management Market – Segment by Region North America United States Canada Europe Germany United Kingdom France Spain Italy Rest of Europe Asia-Pacific China Japan India Rest of Asia-Pacific Rest of the World Middle East & Africa Latin America Company Profiles BouMatic LLC Cainthus Ireland Ltd. Dairymaster DeLaval Inc. Fancom BV FBS Systems Inc. Fullwood Ltd.
Gallagher Group Ltd. GAO RFID Inc. GEA Group AG HID Global Corp. Hokofarm-Group BV IceRobotics Ltd. Lely International NV Merck & Co., Inc. Nedap N.V Quantified AG Sol-Chip Ltd. Sum-It Computer Systems, Ltd. Valley Agriculture Software About Orion Market Research Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research- based services. For More Information, Visit Orion Market Research Media Contact: Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: info@omrglobal.com Contact no: +91 7803-040-404