PUBLISHER: Prescient & Strategic Intelligence | PRODUCT CODE: 1497726
PUBLISHER: Prescient & Strategic Intelligence | PRODUCT CODE: 1497726
Livestock Monitoring Market Size and Share Analysis by Offering, Livestock Type, Application - Global Industry Revenue Estimation and Demand Forecast to 2030
Market Overview
The global livestock monitoring market generated revenue of USD 1,732.8 million in 2023, which is expected to reach USD 3,517.7 million by 2030, witnessing a CAGR of 10.9% during the forecast period. The increase in the market can be attributed to the surge in the number of cattle, accompanied by the adoption of technology that tracks their health, behavior, and locations.
Additionally, marketplaces are accelerated by the growing emphasis on real-time illness monitoring and early detection, a greater demand for meat globally, and an increase in the adoption of AI and IoT technologies for livestock monitoring. The growing attention to early disease diagnostics and real-time monitoring of livestock is a critical factor that affects the growth of the livestock monitoring market. Real-time monitoring and early disease detection should remain vital steps for giving proper treatment to animals and assisting in maintaining their health.
Sensor technology has made it possible for farmers to remotely monitor and track health status through automated sensors in real-time, thus providing early diagnosis of diseases in animals. Such solutions can help identify any health matters that are about to get worse, and these problems can be treated as quickly as possible by applying the required options.
Key Insights
In 2023, the cattle category held a 40% revenue share, and the category is also projected to uphold dominance.
Monitoring systems for livestock play an essential role, guaranteeing good health vital for sustainable dairy production.
Severe food safety guidelines worldwide require regular health checks for dairy animals, particularly cows.
Augmented consumption of beef contributes to the strength of the cattle category in the industry.
Besides organizations and government implementing policies, both public and private sectors also have a role to play regarding beef and dairy product safety, maintaining the required quality standard.
The growth of the poultry category is expected to be dynamic, and among the major factors, will be the daily consumption of poultry products.
Increasing consumer consciousness towards poultry product quality is the main reason for the growing need strictly for animal health monitoring.
In 2023, the hardware category held a substantial 65% revenue share and is also projected to remain dominant.
Numerous hardware tools are used to fuel farming output and lessen difficulties faced by agriculturalists, leading to augmented production.
These hardware solutions are ecologically friendly and cause no harm to animals.
Detectors play an important role in tracking animal health, chewing patterns, location tracking, pasture management, and other important processes in animal husbandry.
The software category is projected to witness a CAGR of 12% over the projected period.
Software applications are progressively utilized for monitoring animal health via user-friendly interfaces and advanced features.
The APAC region is projected to witness the highest CAGR over the projection period, mainly because of its large livestock herds.
Altering dietary patterns, population growth, and fast urbanization in the continent contribute to increased consumption of animal-derived food.
Asia dominates globally in livestock production and is projected to endure this trend.
Asian milk and cattle farmers are adopting advanced technologies to meet the demand for dairy and meat products.
Table of Contents
Chapter 1. Research Scope
- 1.1. Research Objectives
- 1.2. Market Definition
- 1.3. Analysis Period
- 1.4. Market Size Breakdown by Segments
- 1.4.1. Market size breakdown, by offering
- 1.4.2. Market size breakdown, by livestock type
- 1.4.3. Market size breakdown, by application
- 1.4.4. Market size breakdown, by region
- 1.4.5. Market size breakdown, by country
- 1.5. Market Data Reporting Unit
- 1.5.1. Value
- 1.6. Key Stakeholders
Chapter 2. Research Methodology
- 2.1. Secondary Research
- 2.1.1. Paid
- 2.1.2. Unpaid
- 2.1.3. P&S Intelligence database
- 2.2. Primary Research
- 2.3. Market Size Estimation
- 2.4. Data Triangulation
- 2.5. Currency Conversion Rates
- 2.6. Assumptions for the Study
- 2.7. Notes and Caveats
Chapter 3. Executive Summary
Chapter 4. Voice of Industry Experts/KOLs
Chapter 5. Market Indicators
Chapter 6. Industry Outlook
- 6.1. Market Dynamics
- 6.1.1. Trends
- 6.1.2. Drivers
- 6.1.3. Restraints/challenges
- 6.1.4. Impact analysis of drivers/restraints
- 6.2. Impact of COVID-19
- 6.3. Porter's Five Forces Analysis
- 6.3.1. Bargaining power of buyers
- 6.3.2. Bargaining power of suppliers
- 6.3.3. Threat of new entrants
- 6.3.4. Intensity of rivalry
- 6.3.5. Threat of substitutes
Chapter 7. Competitive Landscape
- 7.1. List of Market Players and their Offerings
- 7.2. Competitive Benchmarking of Key Players
- 7.3. Product Benchmarking of Key Players
- 7.4. Recent Strategic Developments
- 7.5. Investment by Players
Chapter 8. Global Market
- 8.1. Overview
- 8.2. Market Revenue, by Offering (2017-2030)
- 8.3. Market Revenue, by Livestock Type (2017-2030)
- 8.4. Market Revenue, by Application (2017-2030)
- 8.5. Market Revenue, by Region (2017-2030)
Chapter 9. North America Market
- 9.1. Overview
- 9.2. Market Revenue, by Offering (2017-2030)
- 9.3. Market Revenue, by Livestock Type (2017-2030)
- 9.4. Market Revenue, by Application (2017-2030)
- 9.5. Market Revenue, by Country (2017-2030)
Chapter 10. Europe Market
- 10.1. Overview
- 10.2. Market Revenue, by Offering (2017-2030)
- 10.3. Market Revenue, by Livestock Type (2017-2030)
- 10.4. Market Revenue, by Application (2017-2030)
- 10.5. Market Revenue, by Country (2017-2030)
Chapter 11. APAC Market
- 11.1. Overview
- 11.2. Market Revenue, by Offering (2017-2030)
- 11.3. Market Revenue, by Livestock Type (2017-2030)
- 11.4. Market Revenue, by Application (2017-2030)
- 11.5. Market Revenue, by Country (2017-2030)
Chapter 12. LATAM Market
- 12.1. Overview
- 12.2. Market Revenue, by Offering (2017-2030)
- 12.3. Market Revenue, by Livestock Type (2017-2030)
- 12.4. Market Revenue, by Application (2017-2030)
- 12.5. Market Revenue, by Country (2017-2030)
Chapter 13. MEA Market
- 13.1. Overview
- 13.2. Market Revenue, by Offering (2017-2030)
- 13.3. Market Revenue, by Livestock Type (2017-2030)
- 13.4. Market Revenue, by Application (2017-2030)
- 13.5. Market Revenue, by Country (2017-2030)
Chapter 14. U.S. Market
- 14.1. Overview
- 14.2. Market Revenue, by Offering (2017-2030)
- 14.3. Market Revenue, by Livestock Type (2017-2030)
- 14.4. Market Revenue, by Application (2017-2030)
Chapter 15. Canada Market
- 15.1. Overview
- 15.2. Market Revenue, by Offering (2017-2030)
- 15.3. Market Revenue, by Livestock Type (2017-2030)
- 15.4. Market Revenue, by Application (2017-2030)
Chapter 16. Germany Market
- 16.1. Overview
- 16.2. Market Revenue, by Offering (2017-2030)
- 16.3. Market Revenue, by Livestock Type (2017-2030)
- 16.4. Market Revenue, by Application (2017-2030)
Chapter 17. France Market
- 17.1. Overview
- 17.2. Market Revenue, by Offering (2017-2030)
- 17.3. Market Revenue, by Livestock Type (2017-2030)
- 17.4. Market Revenue, by Application (2017-2030)
Chapter 18. U.K. Market
- 18.1. Overview
- 18.2. Market Revenue, by Offering (2017-2030)
- 18.3. Market Revenue, by Livestock Type (2017-2030)
- 18.4. Market Revenue, by Application (2017-2030)
Chapter 19. Italy Market
- 19.1. Overview
- 19.2. Market Revenue, by Offering (2017-2030)
- 19.3. Market Revenue, by Livestock Type (2017-2030)
- 19.4. Market Revenue, by Application (2017-2030)
Chapter 20. Spain Market
- 20.1. Overview
- 20.2. Market Revenue, by Offering (2017-2030)
- 20.3. Market Revenue, by Livestock Type (2017-2030)
- 20.4. Market Revenue, by Application (2017-2030)
Chapter 21. China Market
- 21.1. Overview
- 21.2. Market Revenue, by Offering (2017-2030)
- 21.3. Market Revenue, by Livestock Type (2017-2030)
- 21.4. Market Revenue, by Application (2017-2030)
Chapter 22. Japan Market
- 22.1. Overview
- 22.2. Market Revenue, by Offering (2017-2030)
- 22.3. Market Revenue, by Livestock Type (2017-2030)
- 22.4. Market Revenue, by Application (2017-2030)
Chapter 23. India Market
- 23.1. Overview
- 23.2. Market Revenue, by Offering (2017-2030)
- 23.3. Market Revenue, by Livestock Type (2017-2030)
- 23.4. Market Revenue, by Application (2017-2030)
Chapter 24. South Korea Market
- 24.1. Overview
- 24.2. Market Revenue, by Offering (2017-2030)
- 24.3. Market Revenue, by Livestock Type (2017-2030)
- 24.4. Market Revenue, by Application (2017-2030)
Chapter 25. Australia Market
- 25.1. Overview
- 25.2. Market Revenue, by Offering (2017-2030)
- 25.3. Market Revenue, by Livestock Type (2017-2030)
- 25.4. Market Revenue, by Application (2017-2030)
Chapter 26. Brazil Market
- 26.1. Overview
- 26.2. Market Revenue, by Offering (2017-2030)
- 26.3. Market Revenue, by Livestock Type (2017-2030)
- 26.4. Market Revenue, by Application (2017-2030)
Chapter 27. Mexico Market
- 27.1. Overview
- 27.2. Market Revenue, by Offering (2017-2030)
- 27.3. Market Revenue, by Livestock Type (2017-2030)
- 27.4. Market Revenue, by Application (2017-2030)
Chapter 28. Saudi Arabia Market
- 28.1. Overview
- 28.2. Market Revenue, by Offering (2017-2030)
- 28.3. Market Revenue, by Livestock Type (2017-2030)
- 28.4. Market Revenue, by Application (2017-2030)
Chapter 29. South Africa Market
- 29.1. Overview
- 29.2. Market Revenue, by Offering (2017-2030)
- 29.3. Market Revenue, by Livestock Type (2017-2030)
- 29.4. Market Revenue, by Application (2017-2030)
Chapter 30. U.A.E. Market
- 30.1. Overview
- 30.2. Market Revenue, by Offering (2017-2030)
- 30.3. Market Revenue, by Livestock Type (2017-2030)
- 30.4. Market Revenue, by Application (2017-2030)
Chapter 31. Company Profiles
- 31.1. Afimilk Agricultural Cooperative Ltd.
- 31.1.1. Business overview
- 31.1.2. Product and service offerings
- 31.1.3. Key financial summary
- 31.2. Dairymaster
- 31.2.1. Business overview
- 31.2.2. Product and service offerings
- 31.2.3. Key financial summary
- 31.3. CowManager BV
- 31.3.1. Business overview
- 31.3.2. Product and service offerings
- 31.3.3. Key financial summary
- 31.4. Merck & Co. Inc.
- 31.4.1. Business overview
- 31.4.2. Product and service offerings
- 31.4.3. Key financial summary
- 31.5. BouMatic LLC
- 31.5.1. Business overview
- 31.5.2. Product and service offerings
- 31.5.3. Key financial summary
- 31.6. Nedap N.V.
- 31.6.1. Business overview
- 31.6.2. Product and service offerings
- 31.6.3. Key financial summary
- 31.7. GEA Group Aktiengesellschaft
- 31.7.1. Business overview
- 31.7.2. Product and service offerings
- 31.7.3. Key financial summary
- 31.8. Lely International N.V.
- 31.8.1. Business overview
- 31.8.2. Product and service offerings
- 31.8.3. Key financial summary
- 31.9. DeLaval
- 31.9.1. Business overview
- 31.9.2. Product and service offerings
- 31.9.3. Key financial summary
- 31.10. Fancom BV
- 31.10.1. Business overview
- 31.10.2. Product and service offerings
- 31.10.3. Key financial summary
Chapter 32. Appendix
- 32.1. Abbreviations
- 32.2. Sources and References
- 32.3. Related Reports
