1 INTRODUCTION 16
1.1 STUDY OBJECTIVES 16
1.2 DEFINITION 16
1.3 STUDY SCOPE 17
1.3.1 MARKETS COVERED 17
1.3.2 GEOGRAPHICAL SCOPE 18
1.3.3 YEARS CONSIDERED 18
1.4 CURRENCY 19
1.5 LIMITATIONS 19
1.6 STAKEHOLDERS 19

2 RESEARCH METHODOLOGY 20
2.1 RESEARCH DATA 20
2.1.1 SECONDARY DATA 21
2.1.1.1 Major secondary sources 21
2.1.1.2 Secondary sources 22
2.1.2 PRIMARY DATA 22
2.1.2.1 Primary interviews with experts 22
2.1.2.2 Breakdown of primaries 23
2.1.2.3 Key data from primary sources 23
2.1.3 SECONDARY AND PRIMARY RESEARCH 24
2.1.3.1 Key industry insights 25
2.2 MARKET SIZE ESTIMATION 25
2.2.1 BOTTOM-UP APPROACH 26
2.2.1.1 Approach for capturing market size by bottom-up analysis
(demand side) 26
2.2.2 TOP-DOWN APPROACH 27
2.2.2.1 Approach for capturing market size by top-down analysis
(supply side) 27
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION 28
2.4 RESEARCH ASSUMPTIONS 29
2.4.1 MAJOR ASSUMPTIONS CONSIDERED WHILE ESTIMATING GLOBAL PRECISION LIVESTOCK FARMING MARKET 30

3 EXECUTIVE SUMMARY 31
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4 PREMIUM INSIGHTS 36
4.1 ATTRACTIVE OPPORTUNITIES IN PRECISION LIVESTOCK FARMING MARKET 36
4.2 PRECISION LIVESTOCK FARMING MARKET IN EUROPE, BY TECHNOLOGY AND COUNTRY 37
4.3 PRECISION LIVESTOCK FARMING MARKET, BY APPLICATION 37
4.4 PRECISION LIVESTOCK FARMING MARKET, BY OFFERING 38
4.5 GEOGRAPHIC ANALYSIS OF PRECISION LIVESTOCK FARMING MARKET 39

5 MARKET OVERVIEW 40
5.1 INTRODUCTION 40
5.2 MARKET DYNAMICS 40
5.2.1 DRIVERS 41
5.2.1.1 Increasing adoption of IoT and AI in dairy farms 41
5.2.1.2 Increasing need for optimization of dairy herds 42
5.2.1.3 Growing demand for protein, food traceability, and food safety 42
5.2.1.4 Substantial cost-saving associated with livestock
monitoring management 43
5.2.2 RESTRAINTS 43
5.2.2.1 High initial investment 43
5.2.2.2 Lack of technological awareness among dairy farmers 44
5.2.3 OPPORTUNITIES 44
5.2.3.1 Increasing adoption of livestock monitoring technology in
developing countries 44
5.2.3.2 Increasing number of dairy farms 45
5.2.4 CHALLENGES 46
5.2.4.1 Stringent regulations and high trade barriers 46
5.2.4.2 Environmental concern and global warming 46

6 INDUSTRY TRENDS 47
6.1 INTRODUCTION 47
6.2 VALUE CHAIN ANALYSIS 47
6.2.1 MAJOR MARKET PLAYERS IN PRECISION LIVESTOCK FARMING MARKET 48
6.3 INDUSTRY TRENDS 49
6.3.1 ADVENT OF AI AND BLOCKCHAIN IN LIVESTOCK TO INFLUENCE MARKET EXPANSION 49
6.3.2 MILKING ROBOTS AND FEEDING ROBOTS TO MITIGATE LABOR SHORTAGE 49

7 PRECISION LIVESTOCK FARMING MARKET, BY OFFERING 50
7.1 INTRODUCTION 51
7.2 HARDWARE 52
7.2.1 ROBOTICS HARDWARE 55
7.2.1.1 Increasing herd size of dairy farms and rising labor costs expected to propel the growth of robotics hardware component 55
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7.2.2 RFID TAGS & READERS 56
7.2.2.1 Increasing adoption of low frequency RFID tags for identification
& tracking 56
7.2.3 SENSORS 56
7.2.3.1 Temperature sensor 58
7.2.3.2 Accelerometer sensor 58
7.2.3.3 Motion sensor 58
7.2.3.4 Environmental humidity sensor 58
7.2.3.5 Others 58
7.2.4 CAMERAS 58
7.2.4.1 Increasing awareness among ranchers in remote monitoring of livestock expected to propel the growth of cameras 58
7.2.5 GPS 59
7.2.5.1 Increasing demand for livestock location tracking is major factor driving the growth of GPS 59
7.2.6 OTHERS 59
7.3 SOFTWARE 59
7.3.1 ON-CLOUD 61
7.3.1.1 Rising demand for software-as-a-solution (SaaS) model in precision livestock farming market 61
7.3.2 ON-PREMISE 62
7.3.2.1 Various benefits associated with on promise software to propel
the adoption of this segment 62
7.4 SERVICES 63
7.4.1 SYSTEM INTEGRATION & DEPLOYMENT 65
7.4.2 MANAGED SERVICE 65
7.4.3 MAINTENANCE AND SUPPORT 66

8 PRECISION LIVESTOCK FARMING MARKET, BY TECHNOLOGY 67
8.1 INTRODUCTION 68
8.2 MILKING ROBOTS 69
8.2.1 SINGLE-STALL UNIT 69
8.2.1.1 Increasing adoption of single–stall milking unit on small to medium sized dairy farms 69
8.2.2 MULTI STALL UNIT 69
8.2.2.1 Increasing demand for multi stall unit from dairy farms with herd size 100 to 1,000 69
8.2.3 AUTOMATED MILKING ROTARY 70
8.2.3.1 Consolidation of dairy farms in developed region to boost the growth of automated milking rotary 70
8.3 PRECISION FEEDING SYSTEMS 73
8.3.1 INCREASING ADOPTION OF FEEDING ROBOTS TO MITIGATE LABOR SHORTAGE ISSUE EXPECTED TO PROPEL THE MARKET GROWTH 73
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8.4 LIVESTOCK IDENTIFICATION & TRACKING 76
8.4.1 INCREASING ADOPTION OF ACTIVE RFID TAGS ON MEDIUM TO LARGE LIVESTOCK FARMS TO ACCELERATE DEMAND FOR LIVESTOCK IDENTIGICATION & TRACKING DEVICES 76

9 PRECISION LIVESTOCK FARMING MARKET, BY APPLICATION 80
9.1 INTRODUCTION 81
9.2 MILK HARVESTING 82
9.2.1 RISING DEMAND FOR MILKING ROBOTS ON DAIRY FARMS TO PROPEL
THE GROWTH OF MILK HARVESTING APPLICATION 82
9.3 FEEDING MANAGEMENT 84
9.3.1 INCREASING AWARENESS AMONG DAIRY FARM OWNERS FOR ACCURATE DIET FORMULATION 84
9.4 LIVESTOCK BEHAVIOR AND HEALTH MONITORING 86
9.4.1 INCREASING INTEREST AMONG RANCHERS AND DAIRY FARM OWNERS TO TRACK HEAT DETECTION AND EARLY DETECTION OF DISEASES 86
9.5 OTHER APPLICATIONS 88

10 GEOGRAPHIC ANALYSIS 89
10.1 INTRODUCTION 90
10.2 AMERICAS 92
10.2.1 NORTH AMERICA 93
10.2.1.1 US 96
10.2.1.1.1 The US accounted for the largest share of precision livestock farming market in North America 96
10.2.1.2 Canada 97
10.2.1.2.1 High dairy farm operational cost and unavailability of skilled farmers to drive precision livestock farming market in Canada 97
10.2.1.3 Mexico 97
10.2.1.3.1 Market in Mexico to witness highest CAGR in North America 97
10.2.2 SOUTH AMERICA 99
10.2.2.1 Brazil 101
10.2.2.1.1 Brazil accounted for the largest share of precision livestock farming market in South America 101
10.2.2.2 Argentina 101
10.2.2.2.1 Market in Argentina to witness highest growth in
South America 101
10.2.2.3 Rest of South America 101
10.3 EUROPE 102
10.3.1 GERMANY 104
10.3.1.1 Germany to hold largest share of precision livestock farming market in Europe during the forecast period 104
10.3.2 NETHERLAND 105
10.3.2.1 Increasing herd size and rising labor cost to propel demand for precision livestock farming market in Netherland 105
10.3.3 UK 105
10.3.3.1 UK to witness an increasing adoption of precision livestock farming technologies between 2019 and 2024 105
10.3.4 FRANCE 105
10.3.4.1 Increasing adoption of precision livestock farming technology to boost market demand in France 105
10.3.5 DENMARK 105
10.3.5.1 High adoption of milking robots in Denmark 105
10.3.6 SWEDEN 106
10.3.6.1 Higher adoption of livestock technology in Sweden 106
10.3.7 REST OF EUROPE 106
10.4 ASIA PACIFIC 107
10.4.1 CHINA 109
10.4.1.1 China accounted for largest market share in Asia Pacific 109
10.4.2 AUSTRALIA & NEW ZEALAND 110
10.4.2.1 Australia & New Zealand accounted for second largest market share in Asia Pacific 110
10.4.3 JAPAN 110
10.4.3.1 Aging workforce and increasing government incentives to boost demand for milking robots and feeding robots in Japan 110
10.4.4 INDIA 110
10.4.4.1 Market in India expected to witness stronger growth owing to government initiatives and focus on increasing dairy productivity 110
10.4.5 REST OF ASIA PACIFIC 111
10.5 REST OF WORLD 111
10.5.1 AFRICA 112
10.5.1.1 Weak exchange rate in African countries and low-profit margins are major challenges 112
10.5.2 MIDDLE EAST 113
10.5.2.1 Increasing R&D investments to boost adoption of automated milking system and feeding robots 113
10.5.3 OTHERS 113
11 COMPETITIVE LANDSCAPE 114
11.1 INTRODUCTION 114
11.2 MARKET RANKING ANALYSIS FOR THE PRECISION LIVESTOCK FARMING MARKET, 2018 115
11.3 COMPETITIVE LEADERSHIP MAPPING, 2018 117
11.3.1 VISIONARY LEADERS 117
11.3.2 DYNAMIC DIFFERENTIATORS 117
11.3.3 INNOVATORS 117
11.3.4 EMERGING COMPANIES 117
11.4 STRENGTH OF PRODUCT PORTFOLIO (25 PLAYERS) 119
11.5 BUSINESS STRATEGIES EXCELLENCE (25 PLAYERS) 120
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11.6 COMPETITIVE SITUATION AND TRENDS 121
11.6.1 NEW PRODUCT LAUNCHES 121
11.6.2 AGREEMENTS, PARTNERSHIPS, AND CONTRACTS 122
11.6.3 MERGERS AND ACQUISITIONS 122
12 COMPANY PROFILES 123
12.1 KEY PLAYERS 123
(Business overview, Products offered, Recent developments, MNM view, SWOT analysis)*
12.1.1 DELAVAL (SUBSIDIARY OF TETRA LAVAL INTERNATIONAL, S.A.) 123
12.1.2 ANTELLIQ (SUBSIDIARY OF MERCK & CO., INC.) 127
12.1.3 GEA FARM TECHNOLOGY (GEA GROUP AG) 130
12.1.4 AFIMILK LTD. 134
12.1.5 BOUMATIC, LLC 137
12.1.6 LELY INTERNATIONAL N.V. 140
12.1.7 DAIRYMASTER 142
12.1.8 FANCOM B.V. (SUBSIDIARY OF CTB INTERNATIONAL CORP.) 144
12.1.9 FULLWOOD PACKO. LTD 146
12.1.10 WAIKATO MILKING SYSTEMS LP 148
*Business overview, Products offered, Recent developments, MNM view, SWOT analysis might not be captured in case of unlisted companies.
12.2 OTHER PLAYERS 150
12.2.1 HOKOFARM GROUP 150
12.2.2 TRIOLIET B.V. 150
12.2.3 VDL AGROTECH (VDL GROEP) 151
12.2.4 ICEROBOTICS 151
12.2.5 HID GLOBAL 152
12.3 KEY INNOVATOR 153
12.3.1 CAINTHUS 153
12.3.2 CONNECTERRA 153
12.3.3 MI ROBOT LTD. 153
12.3.4 FARM CONTROL 154
12.3.5 ALEIS PTY LTD. 154
12.3.6 MOOCALL 154
12.3.7 COWLAR 154

13 APPENDIX 155
13.1 INSIGHTS FROM INDUSTRY EXPERTS 155
13.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 158
13.4 AVAILABLE CUSTOMIZATION 160
13.5 RELATED REPORTS 160
13.6 AUTHOR DETAILS 161