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Precision Livestock Farming Market

Precision Livestock Farming Market

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SKU ID :
GIR-15335570

Publishing Date:
26-Feb-2020

No. of pages:
325

Price

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The precision livestock farming market is expected to grow at a CAGR 8.57% rate during the forecast period. Factors such as increasing consolidation of livestock farms, increasing herd size of dairy farms, increasing adoption of livestock farming robots and livestock monitoring devices, and increasing labor cost owing to shortage of skilled labor.

Precision livestock farming technology has the potential to transform the livestock sector, making traditional livestock farming activities more efficient and economical. Increasing global demand for dairy products, extended profitability and high yield, and minimum impact on the environment and climate change are fueling the growth of the market.

Milking robots are expected to hold the largest market share from 2019 to 2024. The advent of connected and autonomous milking robots on dairy farms owing to substantial labor cost saving associated with it is a major reason for the high adoption of milking robots. Milking robots offer substantial cost advantage over traditional and conventional milking techniques. Furthermore, traditional techniques are unsuitable for large, commercial dairy farming operations. A sustained increase in the demand for high-quality dairy products is expected to increase the adoption of milking robots across the globe.

Milk harvesting application is expected to hold the largest market share from 2019 to 2024. Several factors such as the increasing preference for automated milk harvesting systems, the focus of farmers towards increasing the milk yield, and growing demand for dairy products are driving the market growth. Automated milk harvesting reduces labor cost, increases milking efficiency, and leads to higher milk yields.

Europe to hold the largest market size between 2019 and 2024 owing to widespread automation of livestock farms in Western Europe. Increasing herd size, rising labor cost due to a severe shortage of labor force are the major factors for the high adoption of livestock technology in this region.

Key players in the market includes DeLaval (Sweden), GEA Farm Technology (Germany), Lely (Netherlands), Antelliq (France), Dairy Master (Ireland), Afimilk (Israel), BouMatic (US), Fancom B.V. (Netherlands), Fullwood Paco Ltd. (UK), Waikato Milking System (New Zealand), HokoFarm-Group (Netherlands), Trioliet B.V (Netherlands), among others.

Key Questions Addressed by the Report

  • Where will all these developments take the industry in the mid to long term?
  • What are the upcoming industry applications of precision livestock farming?
  • Who are the important players in the market?
  • What are the upcoming products and technologies in the market?
  • What are the major drivers, restraints, opportunities, and challenges for the market?

1.Introduction

Market Definition

Study Scope

Study Period

Stakeholders

2. Research Methodology

Secondary Research

Primary Research

Research Design

Data Validation

Limitation and Assumptions

3. Executive Overview

4. Market Overview

Drivers

Restraints   

Opportunities

Challenges

5. Precision Livestock Farming Market, By Application

Milk harvesting

Feeding management

Livestock behaviour and health monitoring

Other applications

6. Precision Livestock Farming Market, By Technology

Precision feeding systems

Livestock identification and tracking

Milking robots

7. Precision Livestock Farming Market, By Offering

Software

Hardware

Services

8. Precision Livestock Farming Market, By Region

North America

     US

     Canada

Europe

     UK

     Germany

     Spain

     France

     Turkey

     Rest of Europe

Asia Pacific

     China 

     Japan

     South Korea

     India 

     Australia

     Rest of APAC

Middle East

     UAE

     Saudi Arabia

     Rest of Middle East

Rest of the World

     Latin America

     Africa

9. Company Profiles

Antelliq

Afimilk Ltd

Lely International N.V.

Fancom B.V. 

Waikato Milking Systems Lp

Delaval 

GEA Farm Technology

Boumatic, LLC

Dairymaster

Fullwood Packo. Ltd.

10. Appendix

About

Abbreviations

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