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14:40 | 07.11.2017
Global Livestock Monitoring & Management Market Anticipated to Reach $4.84 Billion by 2021 – Research and Markets

The “Global
Livestock Monitoring & Management Market – Analysis & Forecast
(2017-2021) ” report has been added to Research and
Markets’ offering.

The livestock monitoring & management market is expected to grow at a
high CAGR of 17.8% from 2016 to 2021 and anticipated to reach $4.84
Billion by 2021

Growing livestock herd size globally is driving an imperative need to
enhance the productivity by employing efficient systems to simplify the
management of large volumes of animals. Moreover, the increasing
concerns over global food security and sustainability has facilitated
heavy investments by governments across the world. The global livestock
monitoring & management market is strongly motivated by the substantial
support of the government in terms of investments, favourable
initiatives and trade policies.

Moreover, the rapid penetration of IoT technology in the livestock
farming practices has led to the enhancement in productivity level by
minimizing the manual labor and providing efficient platform for proper
management. Increasing implementation of cloud based software systems,
wherein shared resources and data are provided to computers and other
devices on demand, has fuelled the market for livestock management.

The prominent players operating in the global livestock monitoring &
management market are DeLaval, GEA Farm Technologies, Lely, Afimilk
Ltd., Allflex Inc., SCR Dairy Inc., Boumatic LLC, Dairymaster, Fullwood,
Nedap, Sum-It Computer Systems and Gallagher Group, among others.
Market Dynamics
Market Drivers

Increasing Dairy Farm Size

Cost-effective Livestock Monitoring Solutions

Government Prioritizing Investments in Livestock Management

Growing Market Penetration of IoT Technology in Livestock Farming

Rising Focus on New Product Development and Innovation

Market Restraints

Requirement of Huge Capital Investment

Lack of Skilled Professionals in Emerging Economies

Environmental Issues Resulting from Livestock Farming

Market Opportunities

Significant Growth Opportunities in Emerging Countries

Rapid Development of Cattle Health Monitoring Solutions

Livestock Management Services to Display Healthy Market Prospects
Key Topics Covered:
Executive Summary

1 Scope & Research Methodology

2 Market Dynamics

3 Competitive Landscape

4 Industry Analysis

5 Global Livestock Monitoring & Management Market by Product Type

6 Global Livestock Monitoring & Management Market by Animal Type

7 Global Livestock Monitoring & Management Market by Application

8 Global Livestock Monitoring & Management Market by Region

9 Company Profiles

Afimilk Ltd.

Allflex USA Inc.

Boumatic LLC

Dairymaster

DeLaval

FBS Systems Inc.

Fullwood Ltd.

GAO RFID Inc.

GEA Group

Gallagher Group Ltd.

Lely S.a.r.l

Nedap N.V.

Quantified Ag

SCR Dairy Inc.

Sol Chip Ltd.

Sum-It Computer Systems Ltd

Valley Agriculture Software

For more information about this report visit https://www.researchandmarkets.com/research/gwd3sn/global_livestock
View source version on businesswire.com: http://www.businesswire.com/news/home/20171107005996/en/


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