Livestock Monitoring Market

Global Livestock Monitoring Market

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Raksha

Author :

Raksha Sharma

Amulya

Fact-checked by :

Amulya Agarwal

Shruti

Editor :

Shruti Bhat

The global livestock monitoring market size was valued at USD 1.6 Billion in 2022 and is likely to reach USD 4.09 Billion by 2031, expanding at a CAGR of 11% during the forecast period, 2023–2031. Increasing adoption of Internet of Things (IOT) and Artificial Intelligence (AI) in livestock monitoring and growing focus on animal disease detection among farmers are driving the growth of livestock monitoring market. Moreover growing population of cattle due to rising dairy farms and growing adoption of livestock monitoring technology in developing countries fuels the growth of the market across the globe.

Livestock Monitoring Market Outlook

Market Trends, Drivers, Restraints, and Opportunities:

  • Increasing number of cattle with the growing adoption of livestock monitoring technology is boosting market growth.

  • Rising demand for livestock monitoring systems among farmers due to increasing product advertisement by key players is driving the market.

  • Substantial cost-saving associated with livestock monitoring management is encouraging farmers to use these systems, which in turns, is boosting the market globally.

  • Use of conventional farming by farmers in rural areas due to the lack of technological advancement is restraining the growth of the market.

Scope of the report:

The report on the global livestock monitoring market includes an assessment of the market, size, share, trends, segments, and regional markets. Overview and dynamics have been included in the report.

Attributes

Details

Report Title Livestock Monitoring Market- Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2022

Historic Data

2016-2021

Forecast Period

2023–2031

Regional Scope

Asia Pacific, North America, Europe, Latin America, and Middle East & Africa

Report Coverage

Market scope, analysis, share, competitive analysis, growth facts, restraints, opportunities, and revenue forecast

Livestock Monitoring Market Segment Insights:

Hardware segment to hold significant market share

Based on farm size, the market is trifurcated into small, medium, and large. Rising usage of hardware devices in rural and urban farms boosts the market. Use of modern livestock monitoring hardware such as radio-frequency identification (RFID), smart cameras, sensors, and Global Positioning Systems (GPS) technology is fueling sales worldwide. The data collected through these significantly helping farmers to track the wellbeing of the animals increases the demand for livestock monitoring products among them. Technological advancements in services and software used in livestock monitoring management systems are propelling segment growth.

Growing implementation of monitoring solutions fuels milk harvesting segment

On the basis of applications, the global livestock monitoring market is segmented into milk harvesting management, feeding, management, behavior monitoring & control, heat stress management, animal comfort management, breeding management, and others. The milk harvesting management segment holds a significant share in the global market due to high adoption of livestock monitoring in animal feeding management applications. Moreover, increasing automation in dairy farms is creating intense demand of livestock monitoring among farmers.

Livestock Monitoring Market Application

Cattle livestock monitoring system is expected to create lucrative opportunities

In terms of animal types, the market is divided into cattle, poultry, swine, and equine. The cattle livestock monitoring systems is expected to create lucrative opportunities in developing countries such as Mexico, India, and China owing to associated benefits with its usage such as, accurate oestrous detection, and real time alerts on acute health monitoring of cattle. Increase in the demand for beef and dairy products is boosting the growth of this segment. Moreover, beef and dairy products are under constant inspection by various public and private organizations to ensure the safety quality of these products and the prevention of disease transmission boosts segment growth.

Livestock Monitoring Market Types

Urban farms segment to growth during the forecast period

Based on farm types, the market is bifurcated into urban farms and rural farms.
Surge in the demand for fresh food among urban population, food security, and reduction in food logistics costs between villages and cities are continuously raising number of urban farms across the world. Technological advancements associated with urban areas significantly increases the adoption of livestock monitoring in urban farms, which in turn, fuels growth of urban farms segment.

Livestock monitoring market in Asia Pacific is expected to grow during the forecast period

In terms of regions, the global livestock monitoring market is split into Europe, North America, Asia Pacific, Middle East & Africa, and Latin America. Population expansion in Asia Pacific in developing countries such as India, China, and Thailand is fueling the demand for livestock products, thus boosting the market in the region. Moreover, rising applications of IoT and technological advancements due to use of AI in the animal monitoring are expected to create opportunities in the market in the region.  Increasing penetration of key players from North America in Asia Pacific is driving the market in Asia Pacific.

Livestock Monitoring Market Region

Segments

By Farm Size

  • Large
  • Medium
  • Small

By Applications

  • Milk Harvesting Management
  • Feeding Management
  • Behavior Monitoring & Control
  • Heat Stress Management
  • Animal Comfort Management
  • Breeding Management
  • Others

By Animal Types

  • Cattle
  • Equine
  • Poultry
  • Swine
  • Others

By Offerings

  • Software
  • Hardware
  • Services

By Farm Types

  • Rural Farms
  • Urban Farms

 By Regions

  • North America
  • Europe
  • Latin America
  • Asia Pacific
  • Middle East & Africa

Keyplayers

  • DeLaval
  • Lely International NV
  • Fancom BV
  • Dairymaster Ltd.
  • Fullwood Packo Ltd.
  • Hokofarm-Group BV (Netherlands)
  • Nedap NV
  • Sensaphone
  • HID Global Corporation
  • Sum-It Computer Systems
  • GAO RFID Inc.

Competitive Landscape

Key players in the global livestock monitoring market include  DeLaval, Lely International NV, Fancom BV, Dairymaster Ltd., Fullwood Packo Ltd., Hokofarm-Group BV (Netherlands), Nedap NV,  Sensaphone, HID Global Corporation, Sum-It Computer Systems, Ltd., GAO RFID Inc., Infovet (India), Quantified AG, FBS Systems Inc., Communications Group Lethbridge Ltd., Cainthus, GEA Farm Technologies, Afimilk Ltd., BouMatic, LLC., Antelliq Corporation, Valley Agriculture Software, Sol Chip Ltd.,  IceRobotics Ltd., Gallagher Group Limited, and Connecterra B.V. These players are engaging in product launches, technological advancements, partnerships, and collaborations between key players to increase their market presence and share.

Livestock Monitoring Market Keyplayers

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Livestock Monitoring Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Livestock Monitoring Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Livestock Monitoring Market - Supply Chain
  4.5. Global Livestock Monitoring Market Forecast
     4.5.1. Livestock Monitoring Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Livestock Monitoring Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Livestock Monitoring Market Absolute $ Opportunity
5. Global Livestock Monitoring Market Analysis and Forecast by Applications
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Applications
     5.2.2. Y-o-Y Growth Projections by Applications
  5.3. Livestock Monitoring Market Size and Volume Forecast by Applications
     5.3.1. Milk Harvesting Management
     5.3.2. Feeding Management
     5.3.3. Behavior Monitoring & Control
     5.3.4. Heat Stress Management
     5.3.5. Animal Comfort Management
     5.3.6. Breeding Management
     5.3.7. Others
  5.4. Absolute $ Opportunity Assessment by Applications
  5.5. Market Attractiveness/Growth Potential Analysis by Applications
6. Global Livestock Monitoring Market Analysis and Forecast by Region
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Region
     6.2.2. Y-o-Y Growth Projections by Region
  6.3. Livestock Monitoring Market Size and Volume Forecast by Region
     6.3.1. North America
     6.3.2. Latin America
     6.3.3. Europe
     6.3.4. Asia Pacific
     6.3.5. Middle East and Africa (MEA)
  6.4. Absolute $ Opportunity Assessment by Region
  6.5. Market Attractiveness/Growth Potential Analysis by Region
  6.6. Global Livestock Monitoring Demand Share Forecast, 2019-2026
7. North America Livestock Monitoring Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
  7.2. North America Livestock Monitoring Market Size and Volume Forecast by Country
     7.2.1. U.S.
     7.2.2. Canada
  7.3. Absolute $ Opportunity Assessment by Country
  7.4. North America Livestock Monitoring Market Size and Volume Forecast by Applications
     7.4.1. Milk Harvesting Management
     7.4.2. Feeding Management
     7.4.3. Behavior Monitoring & Control
     7.4.4. Heat Stress Management
     7.4.5. Animal Comfort Management
     7.4.6. Breeding Management
     7.4.7. Others
  7.5. Basis Point Share (BPS) Analysis by Applications
  7.6. Y-o-Y Growth Projections by Applications
  7.7. Market Attractiveness/Growth Potential Analysis
     7.7.1. By Country
     7.7.2. By Product Type
     7.7.3. By Application
  7.8. North America Livestock Monitoring Demand Share Forecast, 2019-2026
8. Latin America Livestock Monitoring Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Latin America Average Pricing Analysis
  8.2. Latin America Livestock Monitoring Market Size and Volume Forecast by Country
      8.2.1. Brazil
      8.2.2. Mexico
      8.2.3. Rest of Latin America
   8.3. Absolute $ Opportunity Assessment by Country
  8.4. Latin America Livestock Monitoring Market Size and Volume Forecast by Applications
     8.4.1. Milk Harvesting Management
     8.4.2. Feeding Management
     8.4.3. Behavior Monitoring & Control
     8.4.4. Heat Stress Management
     8.4.5. Animal Comfort Management
     8.4.6. Breeding Management
     8.4.7. Others
  8.5. Basis Point Share (BPS) Analysis by Applications
  8.6. Y-o-Y Growth Projections by Applications
  8.7. Market Attractiveness/Growth Potential Analysis
     8.7.1. By Country
     8.7.2. By Product Type
     8.7.3. By Application
  8.8. Latin America Livestock Monitoring Demand Share Forecast, 2019-2026
9. Europe Livestock Monitoring Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Europe Average Pricing Analysis
  9.2. Europe Livestock Monitoring Market Size and Volume Forecast by Country
     9.2.1. Germany
     9.2.2. France
     9.2.3. Italy
     9.2.4. U.K.
     9.2.5. Spain
     9.2.6. Russia
     9.2.7. Rest of Europe
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Europe Livestock Monitoring Market Size and Volume Forecast by Applications
     9.4.1. Milk Harvesting Management
     9.4.2. Feeding Management
     9.4.3. Behavior Monitoring & Control
     9.4.4. Heat Stress Management
     9.4.5. Animal Comfort Management
     9.4.6. Breeding Management
     9.4.7. Others
  9.5. Basis Point Share (BPS) Analysis by Applications
  9.6. Y-o-Y Growth Projections by Applications
  9.7. Market Attractiveness/Growth Potential Analysis
     9.7.1. By Country
     9.7.2. By Product Type
     9.7.3. By Application
  9.8. Europe Livestock Monitoring Demand Share Forecast, 2019-2026
10. Asia Pacific Livestock Monitoring Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Asia Pacific Average Pricing Analysis
  10.2. Asia Pacific Livestock Monitoring Market Size and Volume Forecast by Country
     10.2.1. China
     10.2.2. Japan
     10.2.3. South Korea
     10.2.4. India
     10.2.5. Australia
     10.2.6. Rest of Asia Pacific (APAC)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Asia Pacific Livestock Monitoring Market Size and Volume Forecast by Applications
     10.4.1. Milk Harvesting Management
     10.4.2. Feeding Management
     10.4.3. Behavior Monitoring & Control
     10.4.4. Heat Stress Management
     10.4.5. Animal Comfort Management
     10.4.6. Breeding Management
     10.4.7. Others
  10.5. Basis Point Share (BPS) Analysis by Applications
  10.6. Y-o-Y Growth Projections by Applications
  10.7. Market Attractiveness/Growth Potential Analysis
     10.7.1. By Country
     10.7.2. By Product Type
     10.7.3. By Application
  10.8. Asia Pacific Livestock Monitoring Demand Share Forecast, 2019-2026
11. Middle East & Africa Livestock Monitoring Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Middle East & Africa Average Pricing Analysis
  11.2. Middle East & Africa Livestock Monitoring Market Size and Volume Forecast by Country
     11.2.1. Saudi Arabia
     11.2.2. South Africa
     11.2.3. UAE
     11.2.4. Rest of Middle East & Africa (MEA)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Middle East & Africa Livestock Monitoring Market Size and Volume Forecast by Applications
     11.4.1. Milk Harvesting Management
     11.4.2. Feeding Management
     11.4.3. Behavior Monitoring & Control
     11.4.4. Heat Stress Management
     11.4.5. Animal Comfort Management
     11.4.6. Breeding Management
     11.4.7. Others
  11.5. Basis Point Share (BPS) Analysis by Applications
  11.6. Y-o-Y Growth Projections by Applications
  11.7. Market Attractiveness/Growth Potential Analysis
     11.7.1. By Country
     11.7.2. By Product Type
     11.7.3. By Application
  11.8. Middle East & Africa Livestock Monitoring Demand Share Forecast, 2019-2026
12. Competition Landscape
  12.1. Global Livestock Monitoring Market: Market Share Analysis
  12.2. Livestock Monitoring Distributors and Customers
  12.3. Livestock Monitoring Market: Competitive Dashboard
  12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     12.4.1. DeLaval
     12.4.2. Lely International NV
     12.4.3. Fancom BV
     12.4.4. Dairymaster Ltd.
     12.4.5. Fullwood Packo Ltd.
     12.4.6. Hokofarm-Group BV (Netherlands)
     12.4.7. Nedap NV
     12.4.8. Sensaphone
     12.4.9. HID Global Corporation
     12.4.10. Sum-It Computer Systems
     12.4.11. GAO RFID Inc.

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