Livestock Monitoring Market Report: Trends, Forecast and Competitive Analysis to 2030

Livestock Monitoring Trends and Forecast

The future of the global livestock monitoring market looks promising with opportunities in the milk harvesting management, heat detection monitoring, feeding management, heat stress management, health monitoring management, and sorting and weighing management markets. The global livestock monitoring market is expected to reach an estimated $3.5 billion by 2030 with a CAGR of 10.7% from 2024 to 2030. The major drivers for this market are growing emphasis on monitoring in real-time and the early detection of diseases and increasing meat consumption around the world and financial savings made possible by the use of livestock monitoring technologies.

A more than 150-page report is developed to help in your business decisions.

Livestock Monitoring by Segment

The study includes a forecast for the global livestock monitoring by offering, livestock type, application, and region.

Livestock Monitoring Market by Offering [Shipment Analysis by Value from 2018 to 2030]:

• Hardware
• Software
• Services

Livestock Monitoring Market by Livestock Type [Shipment Analysis by Value from 2018 to 2030]:

• Cattle
• Poultry
• Swine
• Equine
• Others

Livestock Monitoring Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Milk Harvesting Management
• Heat Detection Monitoring
• Feeding Management
• Heat Stress Management
• Health Monitoring Management
• Sorting & Weighing Management
• Others

Livestock Monitoring Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Livestock Monitoring Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies livestock monitoring companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the livestock monitoring companies profiled in this report include-

• Allflex Livestock Intelligence
• DeLaval
• Afimilk
• Nedap
• BouMatic

Livestock Monitoring Market Insights

Lucintel forecasts that hardware is expected to witness the highest growth over the forecast period due to global rise in average herd size and the number of livestock farms, coupled with advances in sensor technologies, driven by the imperative to achieve cost savings.

Within this market, feeding management will remain the largest segment due to increasing global demand for dairy and meat products, coupled with farmers' heightened focus on enhancing milk yield.

Europe is expected to witness highest growth over the forecast period due to widespread automation of livestock farms in Western Europe.

Features of the Global Livestock Monitoring Market

Market Size Estimates: Livestock monitoring market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Livestock monitoring market size by offering, livestock type, application, and region in terms of value ($B).

Regional Analysis: Livestock monitoring market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different offering, livestock type, application, and regions for the livestock monitoring market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the livestock monitoring market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the livestock monitoring market size?

Answer: The global livestock monitoring market is expected to reach an estimated $3.5 billion by 2030.

Q2. What is the growth forecast for livestock monitoring market?

Answer: The global livestock monitoring market is expected to grow with a CAGR of 10.7% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the livestock monitoring market?

Answer: The major drivers for this market are growing emphasis on monitoring in real-time and the early detection of diseases and increasing meat consumption around the world and financial savings made possible by the use of livestock monitoring technologies.

Q4. What are the major segments for livestock monitoring market?

Answer: The future of the livestock monitoring market looks promising with opportunities in the milk harvesting management, heat detection monitoring, feeding management, heat stress management, health monitoring management, and sorting and weighing management markets.

Q5. Who are the key livestock monitoring market companies?

Answer: Some of the key livestock monitoring companies are as follows.

• Allflex Livestock Intelligence
• DeLaval
• Afimilk
• Nedap
• BouMatic

Q6. Which livestock monitoring market segment will be the largest in future?

Answer: Lucintel forecasts that hardware is expected to witness the highest growth over the forecast period due to global rise in average herd size and the number of livestock farms, coupled with advances in sensor technologies, driven by the imperative to achieve cost savings.

Q7. In livestock monitoring market, which region is expected to be the largest in next 5 years?

Answer: Europe is expected to witness highest growth over the forecast period due to widespread automation of livestock farms in Western Europe.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the livestock monitoring market by offering (hardware, software, and services), livestock type (cattle, poultry, swine, equine, and others), application (milk harvesting management, heat detection monitoring, feeding management, heat stress management, health monitoring management, sorting & weighing management, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?