Livestock Monitoring Market to Grow 18% Due to Size of Dairy Farms, Technological Advancements & New Product Launches
January 23, 2017 01:26 PM Eastern Standard Time
DUBLIN -- Research and Markets has announced the addition of the "Livestock Monitoring Market - Global Forecast to 2022" report to their offering.
The global livestock monitoring market expected to grow at a CAGR of 18.01%. The livestock monitoring market is anticipated to grow rapidly owing to growing size of dairy farms, technological advancements and new product launches, and substantial cost savings associated with livestock monitoring management.
The livestock monitoring market, based on application, has been classified into milk harvesting management, reproduction management, feeding management, heat stress management, animal comfort management, behavior monitoring and control, and other applications. The market for feeding management application is expected to grow at the highest rate during the forecast period. The high growth of this segment is predominantly driven by the rising availability of innovative feeding technologies such as liquid feeding systems and dry feeding systems.
Europe is holds the largest share of the livestock monitoring market. The livestock monitoring market in Europe is driven by various factors such as technological advancements and early adoption of technologies in the region. The market in APAC is expected to grow at the highest CAGR during the forecast period. The greater utilization of livestock monitoring technologies such as RFID, GPS, and sensors is expected to drive the livestock monitoring market in APAC.
Companies Mentioned:
- Afimilk Ltd.
- Boumatic, Llc
- Dairymaster
- Delaval
- Gea Group Ag
- Infovet
- Lely Holding S.À.R.L
- Scr Dairy, Inc. (An Independent Division of Allflex Group)
- Sum-It Computer Systems, Ltd.
- Valley Agriculture Software
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Livestock Monitoring Market, By Offering
8 Livestock Monitoring Market, By Application
9 Livestock Monitoring Market, By Species
10 Livestock Monitoring Market, By Region
11 Competitive Landscape
12 Company Profiles
13 Appendix
For more information about this report visit http://www.researchandmarkets.com/research/4jr92s/livestock
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