The main players in the livestock monitoring market are DeLaval Inc, Afimilk Ltd, Boumatic, Dairymaster, Lely, Fullwood Packo Ltd, GEA Group Aktiengesellschaft, Communications Group Lethbridge, Sensaphone, SUM-IT Computer Systems, SCR Dairy, Fancom BV, Infovet , Nedap NV , Allflex Livestock Intelligence and Antelliq Corporation.
New York, September 12, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Global Livestock Monitoring Market Report 2022” – https://www.reportlinker.com/p06319253/?utm_source=GNW
The global livestock monitoring market is expected to grow from $2.41 billion in 2021 to $2.76 billion in 2022 at a compound annual growth rate (CAGR) of 14.60%. Livestock monitoring market is expected to grow to $5.18 billion in 2026 at a compound annual growth rate (CAGR) of 17.03%.
The livestock monitoring market consists of the sale of livestock monitoring systems by entities (organizations, associations, and sole proprietors) that are used to monitor farm animals remotely. Livestock monitoring system tracks and monitors activities such as eating, drinking, resting, fertility, temperature and movement patterns of farm animals such as cattle.
This tracking system helps identify any problems faced by cattle before they escalate and cause damage. Various tools and technologies used in livestock monitoring include a camera, microphones, thermometers, accelerometers, IoT, machine learning, deep vision, and others.
The main types of livestock in the livestock monitoring market are cattle, poultry, pigs, horses, and others. Cattle monitoring solutions are used to monitor a group of animals, including cows and buffalo.
Livestock monitoring uses sensor technology to monitor and ensure the safety of livestock. Cattle monitoring is offered through hardware, software, and services and has applications in milk harvest management, heat detection monitoring, feeding management, heat stress management, health monitoring and management of grading and weighing.
North America was the largest region in the livestock monitoring market in 2021. Regions covered in the livestock monitoring market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Livestock Monitoring market research report is one of a series of new reports providing Livestock Monitoring market statistics including Global Livestock Monitoring industry market size, regional shares, competitors with share of Livestock Monitoring market, Detailed Livestock Monitoring market segments, market trends and opportunities. , and any additional data you may need to thrive in the livestock monitoring industry. This Livestock Monitoring Market research report offers a comprehensive perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The increasing focus on early disease detection and real-time monitoring in cattle is expected to significantly drive the growth of the cattle monitoring market. The focus on real-time monitoring and early detection of disease is crucial to providing proper animal care and helping maintain good animal health.
With sensor technologies, any issues in cattle can be identified so they can be corrected as soon as possible. For example, according to data from the Department of Livestock and Dairy, a department of the Indian government, from January 2019 to June 2019, infectious bursal disease (IBD) caused the death of 877 head of cattle. Ranikhet, an acute, infectious and highly contagious disease, caused the death of 345 head of cattle. Whereas, 196 head of cattle died of rabies, a disease spread through the saliva of infected animals. Therefore, the increasing focus on real-time monitoring and early disease detection will drive the growth of the livestock monitoring market.
Technological advancement such as livestock management systems is a key trend that is gaining popularity in the livestock monitoring market. Farmers can keep their cows fresh and healthy by using herd management systems.
The herd management system is an advanced single-label system that uses software modules to analyze herd behavior in real time. These devices allow farmers to increase milk production without ever overloading the cow.
It is a less invasive method of keeping track of cows as it does not require markings or additional tags. For example, in December 2020, BouMatic, a US-based milking technology company, released an improved management system for its Gemini milking robot called OneView. .
This comprehensive Gemini milking robot management system converts all robot, cow and herd performance data into easy-to-use tools and charts to present all data. This system includes sensors that provide data such as milk flow, somatic cell count, color and conductivity in real time to monitor and increase productivity.
In February 2021, Merck Animal Health, a US-based company and an animal health division of Merck & Co Inc., acquired Poultry Sense Limited for an undisclosed amount. Through this acquisition, Merck Animal Health intends to enhance its portfolio with complementary products and technology to improve animal welfare and outcomes. Poultry Sense Limited is a UK based company providing hardware and software technology solutions for poultry health and welfare.
Countries Covered in Livestock Monitoring Market Report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA.
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