Table of Content

1 INTRODUCTION 33
1.1 STUDY OBJECTIVES 33
1.2 DEFINITION AND SCOPE 33
1.3 INCLUSIONS AND EXCLUSIONS 34
1.3.1 INCLUSIONS AND EXCLUSIONS FOR OFFERING SEGMENT 34
1.3.2 INCLUSIONS AND EXCLUSIONS FOR SYSTEM TYPE SEGMENT 34
1.3.3 INCLUSIONS AND EXCLUSIONS FOR OTHER SEGMENTS 35
1.4 STUDY SCOPE 36
1.4.1 MARKETS COVERED 36
1.4.2 GEOGRAPHIC SCOPE 37
1.4.3 YEARS CONSIDERED 37
1.5 SUMMARY OF CHANGES 38
1.6 CURRENCY CONSIDERED 38
1.7 LIMITATIONS 38
1.8 STAKEHOLDERS 39
1.9 IMPACT OF RECESSION ON PRECISION LIVESTOCK FARMING MARKET 39
2 RESEARCH METHODOLOGY 40
2.1 RESEARCH DATA 40
FIGURE 1 PRECISION LIVESTOCK FARMING MARKET: RESEARCH DESIGN 41
2.1.1 SECONDARY DATA 42
2.1.1.1 List of major secondary sources 42
2.1.1.2 Secondary sources 43
2.1.2 PRIMARY DATA 43
2.1.2.1 Primary interviews with experts 43
2.1.2.2 Breakdown of primaries 44
2.1.2.3 Key data from primary sources 44
2.1.3 SECONDARY AND PRIMARY RESEARCH 45
2.1.3.1 Key industry insights 45
2.2 MARKET SIZE ESTIMATION 46
2.2.1 BOTTOM-UP APPROACH 46
2.2.1.1 Approach to capture market size by bottom-up analysis 46
FIGURE 2 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH 46
2.2.2 TOP-DOWN APPROACH 47
2.2.2.1 Approach to capture market size by top-down analysis 47
FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH 47
FIGURE 4 MARKET SIZE ESTIMATION: SUPPLY-SIDE APPROACH 48
FIGURE 5 MARKET SIZE ESTIMATION: DEMAND-SIDE APPROACH 49
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2.3 RESEARCH ASSUMPTIONS 50
2.4 RISK ASSESSMENT 51
TABLE 1 RISK ASSESSMENT: PRECISION LIVESTOCK FARMING MARKET 51
2.5 MARKET BREAKDOWN AND DATA TRIANGULATION 51
FIGURE 6 DATA TRIANGULATION 52
2.6 RECESSION IMPACT ASSESSMENT: PRECISION LIVESTOCK FARMING MARKET 52
3 EXECUTIVE SUMMARY 53
FIGURE 7 PRECISION LIVESTOCK FARMING MARKET, 2019–2028 (USD MILLION) 54
FIGURE 8 SERVICES SEGMENT TO RECORD HIGHEST CAGR FROM 2023 TO 2028 54
FIGURE 9 LIVESTOCK HEALTH & BEHAVIOR MONITORING TO RECORD HIGHEST CAGR FROM 2023 TO 2028 55
FIGURE 10 MILKING ROBOTIC SYSTEMS TO ACCOUNT FOR LARGEST MARKET SIZE DURING FORECAST PERIOD 56
FIGURE 11 POULTRY FARMS TO RECORD HIGHEST CAGR DURING FORECAST PERIOD 56
FIGURE 12 LARGE FARMS SECURED LARGEST MARKET SHARE IN 2023 57
FIGURE 13 ASIA PACIFIC LIKELY TO RECORD HIGHEST CAGR DURING FORECAST PERIOD 58
4 PREMIUM INSIGHTS 59
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN PRECISION LIVESTOCK FARMING MARKET 59
FIGURE 14 INCREASING LABOR COST AND CONSOLIDATION OF LIVESTOCK FARMS IN DEVELOPED REGIONS TO PROPEL MARKET 59
4.2 PRECISION LIVESTOCK FARMING MARKET IN ASIA PACIFIC, BY SYSTEM TYPE AND COUNTRY 60
FIGURE 15 PRECISION FEEDING SYSTEMS AND CHINA SECURED LARGEST SHARE OF MARKET IN ASIA PACIFIC IN 2022 60
4.3 PRECISION LIVESTOCK FARMING MARKET, BY SYSTEM TYPE 60
FIGURE 16 MILKING ROBOTIC SYSTEMS TO HOLD LARGEST MARKET SHARE DURING 2023–2028 60
4.4 PRECISION LIVESTOCK FARMING MARKET, BY APPLICATION 61
FIGURE 17 MILK HARVESTING TO DOMINATE MARKET DURING 2023–2028 61
4.5 PRECISION LIVESTOCK FARMING MARKET, BY OFFERING 61
FIGURE 18 HARDWARE SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD 61
4.6 PRECISION LIVESTOCK FARMING MARKET, BY FARM TYPE 62
FIGURE 19 DAIRY FARMS TO DOMINATE MARKET DURING FORECAST PERIOD 62
4.7 PRECISION LIVESTOCK FARMING MARKET, BY FARM SIZE 62
FIGURE 20 LARGE-SIZED FARMS ANTICIPATED TO LEAD MARKET DURING FORECAST PERIOD 62
4.8 REGIONAL ANALYSIS OF PRECISION LIVESTOCK FARMING MARKET 63
FIGURE 21 EUROPE TO HOLD LARGEST MARKET SHARE FROM 2023 TO 2028 63
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5 MARKET OVERVIEW 64
5.1 INTRODUCTION 64
5.2 MARKET DYNAMICS 64
FIGURE 22 PRECISION LIVESTOCK FARMING MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 64
5.2.1 DRIVERS 65
5.2.1.1 Implementation of IoT- and AI-enabled devices for livestock monitoring 65
FIGURE 23 INSTALLED BASE OF LIVESTOCK RFID TAGS, 2018–2032 (MILLION UNITS) 66
5.2.1.2 Transition from precision livestock farming to decision livestock farming 66
5.2.1.3 Surging labor costs and rising demand for automation in livestock industry 67
5.2.1.4 Increasing focus on real-time monitoring and early disease detection 67
5.2.1.5 Growing demand for protein and dairy products 68
FIGURE 24 MEAT CONSUMPTION PER CAPITA (KG/CAPITA) 68
5.2.1.6 Supporting government policies and incentive programs promoting dairy farm mechanization 69
FIGURE 25 IMPACT ANALYSIS: DRIVERS 70
5.2.2 RESTRAINTS 70
5.2.2.1 High upfront cost and marginal return on investment 70
FIGURE 26 PRICE TREND OF AUTOMATED MILKING ROBOTS (USD THOUSAND) 2017–2025 71
5.2.2.2 Lack of technological awareness among livestock farmers 71
5.2.2.3 Availability of plant-based products as alternative 71
TABLE 2 AVERAGE AMOUNT OF WATER USED AND CO2 PRODUCED BY DIFFERENT TYPES OF MILK, PER LITER, 2020 72
FIGURE 27 TOTAL NUMBER OF PARTICIPANTS IN VEGANUARY PROGRAM, 2014–2022 73
FIGURE 28 IMPACT ANALYSIS: RESTRAINTS 73
5.2.3 OPPORTUNITIES 73
5.2.3.1 Rising adoption of livestock monitoring technology in developing countries 73
TABLE 3 PRECISION LIVESTOCK FARMING: GLOBAL TECHNOLOGY ADOPTION 74
5.2.3.2 Increasing number of dairy, poultry, and swine farms 74
FIGURE 29 CATTLE INVENTORY OF MAJOR COUNTRIES IN 2021 (MILLION UNITS) 75
5.2.3.3 Growing popularity of poultry robots and BSC smart cameras 75
FIGURE 30 IMPACT ANALYSIS: OPPORTUNITIES 76
5.2.4 CHALLENGES 76
5.2.4.1 Global warming and other environmental concerns 76
TABLE 4 EMISSIONS INTENSITY OF AGRICULTURAL COMMODITIES (KG CO2 EQ/KG) 77
5.2.4.2 Emergence and re-emergence of diseases and environmental concerns 77
FIGURE 31 IMPACT ANALYSIS: CHALLENGES 78
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5.3 SUPPLY CHAIN ANALYSIS 78
FIGURE 32 PRECISION LIVESTOCK FARMING MARKET: SUPPLY CHAIN ANALYSIS 78
5.4 PRECISION LIVESTOCK FARMING MARKET ECOSYSTEM 80
TABLE 5 PRECISION LIVESTOCK FARMING MARKET: ECOSYSTEM 80
FIGURE 33 PRECISION LIVESTOCK FARMING MARKET: KEY PLAYERS IN ECOSYSTEM 81
5.5 PRICING ANALYSIS: AVERAGE SELLING PRICE TRENDS 81
5.5.1 PRICING ANALYSIS: LIVESTOCK MONITORING DEVICES 81
TABLE 6 AVERAGE SELLING PRICE OF LIVESTOCK MONITORING DEVICES 81
FIGURE 34 ASP TREND FOR RFID TAGS USED FOR LIVESTOCK MONITORING 82
5.5.2 PRICING ANALYSIS: MILKING ROBOTS 82
FIGURE 35 ASP TREND FOR MILKING ROBOTS 82
5.6 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES 83
FIGURE 36 PRECISION LIVESTOCK FARMING MARKET: REVENUE SHIFT 83
5.7 TECHNOLOGY ANALYSIS 83
5.7.1 BODY CONDITIONING SCORING SYSTEMS 83
5.7.2 AGRICULTURAL DRONES 84
5.7.3 AUTOMATIC CATTLE TRAFFIC MANAGEMENT SYSTEMS 84
5.7.4 PARLOR MONITORING SYSTEMS 84
5.7.5 TECHNOLOGIES ADOPTED IN DAIRY AND POULTRY FARMS 85
5.8 PORTER’S FIVE FORCES ANALYSIS 86
FIGURE 37 PRECISION LIVESTOCK FARMING MARKET: PORTER’S FIVE FORCES ANALYSIS 86
FIGURE 38 PORTER’S FIVE FORCES ANALYSIS 87
TABLE 7 PRECISION LIVESTOCK FARMING MARKET: IMPACT OF PORTER’S FIVE FORCES ANALYSIS 87
5.8.1 THREAT OF NEW ENTRANTS 87
5.8.2 THREAT OF SUBSTITUTES 88
5.8.3 BARGAINING POWER OF SUPPLIERS 88
5.8.4 BARGAINING POWER OF BUYERS 88
5.8.5 INTENSITY OF COMPETITIVE RIVALRY 88
5.9 KEY STAKEHOLDERS AND BUYING CRITERIA 89
5.9.1 KEY STAKEHOLDERS IN BUYING PROCESS 89
FIGURE 39 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE APPLICATIONS 89
TABLE 8 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE APPLICATIONS 89
5.9.2 BUYING CRITERIA 90
FIGURE 40 KEY BUYING CRITERIA FOR TOP THREE APPLICATIONS 90
TABLE 9 KEY BUYING CRITERIA FOR TOP THREE APPLICATIONS 90
5.10 CASE STUDY ANALYSIS 90
5.10.1 IMPROVEMENT IN MILKING PROCEDURE AT NEWLANDS FAMILY FARM, US 90
TABLE 10 DELAVAL VMS V300 MILKING ROBOTS ENHANCE OVERALL MILKING PROCESS 90
5.10.2 INCREASE IN LABOR PRODUCTIVITY AT VAN ADRICHEM’S FAMILY DAIRY FARM, AUSTRALIA 91
TABLE 11 LELY ASTRONAUT MILKING ROBOTS IMPROVE LABOR EFFICIENCY 91
5.10.3 ADOPTION OF COW MONITORS TO BOOST DAIRY PRODUCTION 91
TABLE 12 ALLFLEX MONITORS RUMINATION AND ACTIVITY OF COWS 91
5.11 TRADE ANALYSIS 92
TABLE 13 IMPORT DATA FOR MILKING MACHINES, HS CODE: 843410, BY COUNTRY, 2017–2021 (USD MILLION) 92
FIGURE 41 MILKING MACHINES IMPORT VALUES FOR MAJOR COUNTRIES (2017–2021) 92
TABLE 14 EXPORT DATA FOR MILKING MACHINES, HS CODE: 843410, BY COUNTRY, 2017–2021 (USD MILLION) 93
FIGURE 42 MILKING MACHINES EXPORT VALUES FOR MAJOR COUNTRIES (2017–2021) 93
5.12 PATENT ANALYSIS 94
FIGURE 43 PRECISION LIVESTOCK FARMING MARKET: NUMBER OF PATENTS GRANTED (2013–2022) 94
FIGURE 44 PRECISION LIVESTOCK FARMING MARKET: REGIONAL ANALYSIS OF PATENTS GRANTED (2013–2022) 95
TABLE 15 PRECISION LIVESTOCK FARMING MARKET: LIST OF KEY PATENTS (2019–2022) 95
5.13 KEY CONFERENCES AND EVENTS, (2023–2024) 96
TABLE 16 PRECISION LIVESTOCK FARMING MARKET: DETAILED LIST OF CONFERENCES AND EVENTS 96
5.14 TARIFF AND REGULATORY LANDSCAPE 97
5.14.1 TARIFFS 97
TABLE 17 MFN TARIFFS FOR MILKING MACHINES EXPORTED BY FRANCE 97
5.14.2 REGULATIONS 98
5.14.2.1 North America 98
5.14.2.2 Australia 98
5.14.2.3 Europe 99
5.14.3 STANDARDS 99
5.14.3.1 International Organization of Standardization 99
6 PRECISION LIVESTOCK FARMING MARKET, BY SYSTEM TYPE 100
6.1 INTRODUCTION 101
TABLE 18 PRECISION LIVESTOCK FARMING MARKET, BY SYSTEM TYPE, 2019–2022 (USD MILLION) 101
FIGURE 45 POULTRY MONITORING AND ROBOTIC SYSTEMS SEGMENT TO RECORD HIGHEST CAGR FROM 2023 TO 2028 101
TABLE 19 PRECISION LIVESTOCK FARMING MARKET, BY SYSTEM TYPE, 2023–2028 (USD MILLION) 102
6.2 MILKING ROBOTIC SYSTEMS 102
TABLE 20 MILKING ROBOTIC SYSTEMS: PRECISION LIVESTOCK FARMING MARKET, BY OFFERING, 2019–2022 (USD MILLION) 103
TABLE 21 MILKING ROBOTIC SYSTEMS: PRECISION LIVESTOCK FARMING MARKET, BY OFFERING, 2023–2028 (USD MILLION) 103
TABLE 22 MILKING ROBOTIC SYSTEMS: PRECISION LIVESTOCK FARMING MARKET, BY REGION, 2019–2022 (USD MILLION) 103
FIGURE 46 PRECISION LIVESTOCK FARMING MARKET FOR MILKING ROBOTIC SYSTEMS IN ASIA PACIFIC TO DISPLAY HIGHEST CAGR FROM 2023 TO 2028 104
TABLE 23 MILKING ROBOTIC SYSTEMS: PRECISION LIVESTOCK FARMING MARKET, BY REGION, 2023–2028 (USD MILLION) 104
TABLE 24 MILKING ROBOTIC SYSTEMS: PRECISION LIVESTOCK FARMING MARKET, BY FARM SIZE, 2019–2022 (USD MILLION) 105
TABLE 25 MILKING ROBOTIC SYSTEMS: PRECISION LIVESTOCK FARMING MARKET, BY FARM SIZE, 2023–2028 (USD MILLION) 105
6.2.1 SINGLE-STALL MILKING UNITS 105
6.2.1.1 Used across small and mid-sized dairy farms 105
6.2.2 MULTI-STALL MILKING UNITS 106
6.2.2.1 Suitable for mid-sized dairy farms 106
6.2.3 AUTOMATED MILKING ROTARY 106
6.2.3.1 Provides information necessary to monitor and analyz herd performance 106
6.3 PRECISION FEEDING SYSTEMS 106
6.3.1 INCREASING ADOPTION OF FEEDING ROBOTS TO MITIGATE LABOR SHORTAGE ISSUE 106
TABLE 26 PRECISION FEEDING SYSTEMS: PRECISION LIVESTOCK FARMING MARKET, BY OFFERING, 2019–2022 (USD MILLION) 107
FIGURE 47 SERVICES SEGMENT TO RECORD HIGHEST CAGR IN MARKET FOR PRECISION FEEDING SYSTEMS DURING 2023–2028 107
TABLE 27 PRECISION FEEDING SYSTEMS: PRECISION LIVESTOCK FARMING MARKET, BY OFFERING, 2023–2028 (USD MILLION) 108
TABLE 28 PRECISION FEEDING SYSTEMS: PRECISION LIVESTOCK FARMING MARKET, BY FARM TYPE, 2019–2022 (USD MILLION) 108
TABLE 29 PRECISION FEEDING SYSTEMS: PRECISION LIVESTOCK FARMING MARKET, BY FARM TYPE, 2023–2028 (USD MILLION) 109
TABLE 30 PRECISION FEEDING SYSTEMS: PRECISION LIVESTOCK FARMING MARKET, BY FARM SIZE, 2019–2022 (USD MILLION) 109
FIGURE 48 SMALL FARMS SEGMENT TO EXHIBIT HIGHEST CAGR IN MARKET FOR PRECISION FEEDING SYSTEMS DURING FORECAST PERIOD 109
TABLE 31 PRECISION FEEDING SYSTEMS: PRECISION LIVESTOCK FARMING MARKET, BY FARM SIZE, 2023–2028 (USD MILLION) 110
TABLE 32 PRECISION FEEDING SYSTEMS: PRECISION LIVESTOCK FARMING MARKET, BY REGION, 2019–2022 (USD MILLION) 110
TABLE 33 PRECISION FEEDING SYSTEMS: PRECISION LIVESTOCK FARMING MARKET, BY REGION, 2023–2028 (USD MILLION) 111
6.4 LIVESTOCK MONITORING SYSTEMS 111
6.4.1 GROWING DEVELOPMENT OF ACTIVE RFID TAGS IN MEDIUM-SIZED AND LARGE LIVESTOCK FARMS 111
TABLE 34 LIVESTOCK MONITORING SYSTEMS: PRECISION LIVESTOCK FARMING MARKET, BY OFFERING, 2019–2022 (USD MILLION) 112
TABLE 35 LIVESTOCK MONITORING SYSTEMS: PRECISION LIVESTOCK FARMING MARKET, BY OFFERING, 2023–2028 (USD MILLION) 112
TABLE 36 LIVESTOCK MONITORING SYSTEMS: PRECISION LIVESTOCK FARMING MARKET, BY APPLICATION, 2019–2022 (USD MILLION) 113
FIGURE 49 FEEDING MANAGEMENT SEGMENT TO DISPLAY HIGHEST CAGR IN MARKET FOR LIVESTOCK IDENTIFICATION, MONITORING, AND TRACKING SYSTEMS DURING FORECAST PERIOD 113
TABLE 37 LIVESTOCK MONITORING SYSTEMS: PRECISION LIVESTOCK FARMING MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 114
TABLE 38 LIVESTOCK MONITORING SYSTEMS: PRECISION LIVESTOCK FARMING MARKET, BY FARM TYPE, 2019–2022 (USD MILLION) 114
TABLE 39 LIVESTOCK MONITORING SYSTEMS: PRECISION LIVESTOCK FARMING MARKET, BY FARM TYPE, 2023–2028 (USD MILLION) 114
TABLE 40 LIVESTOCK MONITORING SYSTEMS: PRECISION LIVESTOCK FARMING MARKET, BY FARM SIZE, 2019–2022 (USD MILLION) 115
TABLE 41 LIVESTOCK MONITORING SYSTEMS: PRECISION LIVESTOCK FARMING MARKET, BY FARM SIZE, 2023–2028 (USD MILLION) 115
TABLE 42 LIVESTOCK MONITORING SYSTEMS: PRECISION LIVESTOCK FARMING MARKET, BY REGION, 2019–2022 (USD MILLION) 115
TABLE 43 LIVESTOCK MONITORING SYSTEMS: PRECISION LIVESTOCK FARMING MARKET, BY REGION, 2023–2028 (USD MILLION) 116
6.5 POULTRY MONITORING AND ROBOTIC SYSTEMS 116
6.5.1 RISING EFFORTS TO IMPROVE POULTRY FARM OPERATIONS 116
TABLE 44 POULTRY MONITORING AND ROBOTIC SYSTEMS: PRECISION LIVESTOCK FARMING MARKET, BY OFFERING, 2019–2022 (USD MILLION) 117
FIGURE 50 SOFTWARE SEGMENT TO REGISTER HIGHEST CAGR IN MARKET FOR POULTRY MONITORING AND ROBOTIC SYSTEM DURING FORECAST PERIOD 117
TABLE 45 POULTRY MONITORING AND ROBOTIC SYSTEMS: PRECISION LIVESTOCK FARMING MARKET, BY OFFERING, 2023–2028 (USD MILLION) 118
TABLE 46 POULTRY MONITORING AND ROBOTIC SYSTEMS: PRECISION LIVESTOCK FARMING MARKET, BY APPLICATION, 2019–2022 (USD MILLION) 118
TABLE 47 POULTRY MONITORING AND ROBOTIC SYSTEMS: PRECISION LIVESTOCK FARMING MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 118
TABLE 48 POULTRY MONITORING AND ROBOTIC SYSTEMS: PRECISION LIVESTOCK FARMING MARKET, BY FARM SIZE, 2019–2022 (USD MILLION) 119
TABLE 49 POULTRY MONITORING AND ROBOTIC SYSTEMS: PRECISION LIVESTOCK FARMING MARKET, BY FARM SIZE, 2023–2028 (USD MILLION) 119
TABLE 50 POULTRY MONITORING AND ROBOTIC SYSTEMS: PRECISION LIVESTOCK FARMING MARKET, BY REGION, 2019–2022 (USD MILLION) 120
TABLE 51 POULTRY MONITORING AND ROBOTIC SYSTEMS: PRECISION LIVESTOCK FARMING MARKET, BY REGION, 2023–2028 (USD MILLION) 120
7 PRECISION LIVESTOCK FARMING MARKET, BY OFFERING 121
7.1 INTRODUCTION 122
TABLE 52 PRECISION LIVESTOCK FARMING MARKET, BY OFFERING, 2019–2022 (USD MILLION) 122
FIGURE 51 PRECISION LIVESTOCK MARKET FOR SERVICES TO RECORD AT HIGHEST CAGR DURING FORECAST PERIOD 123
TABLE 53 PRECISION LIVESTOCK FARMING MARKET, BY OFFERING, 2023–2028 (USD MILLION) 123
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7.2 HARDWARE 124
TABLE 54 HARDWARE: PRECISION LIVESTOCK FARMING MARKET, BY TYPE, 2019–2022 (USD MILLION) 124
TABLE 55 HARDWARE: PRECISION LIVESTOCK FARMING MARKET, BY TYPE, 2023–2028 (USD MILLION) 125
TABLE 56 HARDWARE: PRECISION LIVESTOCK FARMING MARKET, BY SYSTEM TYPE, 2019–2022 (USD MILLION) 125
TABLE 57 HARDWARE: PRECISION LIVESTOCK FARMING MARKET, BY SYSTEM TYPE, 2023–2028 (USD MILLION) 125
TABLE 58 HARDWARE: PRECISION LIVESTOCK FARMING MARKET, BY REGION, 2019–2022 (USD MILLION) 126
FIGURE 52 PRECISION LIVESTOCK MARKET FOR HARDWARE IN ASIA PACIFIC EXPECTED TO RECORD HIGHEST CAGR DURING FORECAST PERIOD 126
TABLE 59 HARDWARE: PRECISION LIVESTOCK FARMING MARKET, BY REGION, 2023–2028 (USD MILLION) 126
7.2.1 ROBOTICS HARDWARE 127
7.2.1.1 Increasing herd size of dairy farms and rising labor costs 127
7.2.2 RFID TAGS & READERS 127
7.2.2.1 Rising adoption of low-frequency RFID tags to identify & track livestock 127
7.2.3 SENSORS 128
7.2.3.1 Ensure continuous productivity of healthy herd 128
7.2.3.2 Temperature sensors 128
7.2.3.3 Accelerometer sensors 128
7.2.3.4 Motion sensors 129
7.2.3.5 Environmental humidity sensors 129
7.2.3.6 Others 129
7.2.4 CAMERAS 129
7.2.4.1 Increasing awareness among ranchers regarding for remote livestock monitoring technology 129
7.2.5 GPS 130
7.2.5.1 Surging demand for livestock location tracking 130
7.2.6 OTHERS 130
7.3 SOFTWARE 130
TABLE 60 SOFTWARE: PRECISION LIVESTOCK FARMING MARKET, BY TYPE, 2019–2022 (USD MILLION) 131
FIGURE 53 PRECISION LIVESTOCK MARKET FOR AI AND DATA ANALYTICS TO DISPLAY HIGHEST CAGR DURING FORECAST PERIOD 131
TABLE 61 SOFTWARE: PRECISION LIVESTOCK FARMING MARKET, BY TYPE, 2023–2028 (USD MILLION) 132
TABLE 62 SOFTWARE: PRECISION LIVESTOCK FARMING MARKET, BY SYSTEM TYPE, 2019–2022 (USD MILLION) 132
TABLE 63 SOFTWARE: PRECISION LIVESTOCK FARMING MARKET, BY SYSTEM TYPE, 2023–2028 (USD MILLION) 132
TABLE 64 SOFTWARE: PRECISION LIVESTOCK FARMING MARKET, BY REGION, 2019–2022 (USD MILLION) 133
TABLE 65 SOFTWARE: PRECISION LIVESTOCK FARMING MARKET, BY REGION, 2023–2028 (USD MILLION) 133
7.3.1 ON-CLOUD 133
7.3.1.1 Provides flexibility and scalability and is affordable 133
7.3.2 ON-PREMISE 134
7.3.2.1 Beneficial for organizations migrating from one system to another 134
7.3.3 AI AND DATA ANALYTICS 134
7.3.3.1 Drives decision-making of livestock farm owners 134
7.4 SERVICES 135
7.4.1 INCREASING DEPLOYMENT OF LIVESTOCK FARMING DEVICES AND EQUIPMENT 135
TABLE 66 SERVICES: PRECISION LIVESTOCK FARMING MARKET, BY TYPE, 2019–2022 (USD MILLION) 135
FIGURE 54 SYSTEM INTEGRATION & CONSULTING SERVICES TO CAPTURE LARGEST MARKET SHARE IN 2028 135
TABLE 67 SERVICES: PRECISION LIVESTOCK FARMING MARKET, BY TYPE, 2023–2028 (USD MILLION) 136
TABLE 68 SERVICES: PRECISION LIVESTOCK FARMING MARKET, BY SYSTEM TYPE, 2019–2022 (USD MILLION) 136
TABLE 69 SERVICES: PRECISION LIVESTOCK FARMING MARKET, BY SYSTEM TYPE, 2023–2028 (USD MILLION) 136
TABLE 70 SERVICES: PRECISION LIVESTOCK FARMING MARKET, BY REGION, 2019–2022 (USD MILLION) 137
TABLE 71 SERVICES: PRECISION LIVESTOCK FARMING MARKET, BY REGION, 2023–2028 (USD MILLION) 137
7.4.2 SYSTEM INTEGRATION & CONSULTING 137
7.4.3 MANAGED SERVICES 138
7.4.4 MAINTENANCE & SUPPORT SERVICES 138
8 PRECISION LIVESTOCK FARMING MARKET, BY FARM TYPE 139
8.1 INTRODUCTION 140
TABLE 72 PRECISION LIVESTOCK FARMING MARKET, BY FARM TYPE, 2019–2022 (USD MILLION) 140
FIGURE 55 POULTRY FARMS TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD 140
TABLE 73 PRECISION LIVESTOCK FARMING MARKET, BY FARM TYPE, 2023–2028 (USD MILLION) 141
8.2 DAIRY FARMS 141
8.2.1 SIGNIFICANT USE OF ROBOTIC MILIKING SYSTEMS IN LARGE FARMS 141
TABLE 74 DAIRY FARMS: PRECISION LIVESTOCK FARMING MARKET, BY SYSTEM TYPE, 2019–2022 (USD MILLION) 142
TABLE 75 DAIRY FARMS: PRECISION LIVESTOCK FARMING MARKET, BY SYSTEM TYPE, 2023–2028 (USD MILLION) 142
8.3 SWINE FARMS 143
8.3.1 HIGH ADOPTION OF RFID AND CAMERAS TO MONITOR SWINE HEALTH AND BODY TEMPERATURE 143
TABLE 76 SWINE FARMS: PRECISION LIVESTOCK FARMING MARKET, BY SYSTEM TYPE, 2019–2022 (USD MILLION) 143
FIGURE 56 SWINE FARMS TO RECORD HIGHEST CAGR IN MARKET FOR LIVESTOCK IDENTIFICATION, MONITORING, AND TRACKING SYSTEMS 144
TABLE 77 SWINE FARMS: PRECISION LIVESTOCK FARMING MARKET, BY SYSTEM TYPE, 2023–2028 (USD MILLION) 144
8.4 POULTRY FARMS 144
8.4.1 PREDOMINANT USE OF SEVERAL FARMING SOLUTIONS INCLUDING CAMERAS IN POULTRY FARMS 144
TABLE 78 POULTRY FARMS: PRECISION LIVESTOCK FARMING MARKET, BY SYSTEM TYPE, 2019–2022 (USD MILLION) 145
TABLE 79 POULTRY FARMS: PRECISION LIVESTOCK FARMING MARKET, BY SYSTEM TYPE, 2023–2028 (USD MILLION) 145
8.5 OTHERS 145
TABLE 80 OTHERS: PRECISION LIVESTOCK FARMING MARKET, BY SYSTEM TYPE, 2019–2022 (USD MILLION) 146
TABLE 81 OTHERS: PRECISION LIVESTOCK FARMING MARKET, BY SYSTEM TYPE, 2023–2028 (USD MILLION) 146
9 PRECISION LIVESTOCK FARMING MARKET, BY FARM SIZE 147
9.1 INTRODUCTION 148
TABLE 82 PRECISION LIVESTOCK FARMING MARKET, BY FARM SIZE, 2019–2022 (USD MILLION) 148
FIGURE 57 PRECISION LIVESTOCK FARMING MARKET FOR SMALL FARMS TO EXHIBIT HIGHEST CAGR FROM 2023 TO 2028 148
TABLE 83 PRECISION LIVESTOCK FARMING MARKET, BY FARM SIZE, 2023–2028 (USD MILLION) 149
9.2 SMALL FARMS 149
9.2.1 COMMON IN DEVELOPING SOUTH AND SOUTHEAST ASIAN COUNTRIES 149
TABLE 84 SMALL FARMS: PRECISION LIVESTOCK FARMING MARKET, BY SYSTEM TYPE, 2019–2022 (USD MILLION) 150
TABLE 85 SMALL FARMS: PRECISION LIVESTOCK FARMING MARKET, BY SYSTEM TYPE, 2023–2028 (USD MILLION) 150
9.3 MID-SIZED FARMS 150
9.3.1 MOST COMMONLY OBSERVED IN MID-SIZED FARMS 150
TABLE 86 MID-SIZED FARMS: PRECISION LIVESTOCK FARMING MARKET, BY SYSTEM TYPE, 2019–2022 (USD MILLION) 151
TABLE 87 MID-SIZED FARMS: PRECISION LIVESTOCK FARMING MARKET, BY SYSTEM TYPE, 2023–2028 (USD MILLION) 151
9.4 LARGE FARMS 152
9.4.1 OFFER ECONOMIES OF SCALE TO FARM OWNERS INVOLVED IN CAPTIAL-INTESNIVE FARMING 152
TABLE 88 LARGE FARMS: PRECISION LIVESTOCK FARMING MARKET, BY SYSTEM TYPE, 2019–2022 (USD MILLION) 152
TABLE 89 LARGE FARMS: PRECISION LIVESTOCK FARMING MARKET, BY SYSTEM TYPE, 2023–2028 (USD MILLION) 152
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10 PRECISION LIVESTOCK FARMING MARKET, BY APPLICATION 153
10.1 INTRODUCTION 154
TABLE 90 PRECISION LIVESTOCK FARMING MARKET, BY APPLICATION, 2019–2022 (USD MILLION) 154
FIGURE 58 LIVESTOCK BEHAVIOR & HEALTH MONITORING TO RECORD HIGHEST CAGR FROM 2023 TO 2028 155
TABLE 91 PRECISION LIVESTOCK FARMING MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 155
10.2 MILK HARVESTING 156
10.2.1 RISING DEMAND FOR MILKING ROBOTS ON DAIRY FARMS 156
TABLE 92 MILK HARVESTING: PRECISION LIVESTOCK FARMING MARKET, BY REGION, 2019–2022 (USD MILLION) 156
TABLE 93 MILK HARVESTING: PRECISION LIVESTOCK FARMING MARKET, BY REGION, 2023–2028 (USD MILLION) 157
10.3 FEEDING MANAGEMENT 157
10.3.1 GROWING AWARENESS AMONG LIVESTOCK FARM OWNERS FOR BETTER MANAGEMENT OF FEED INVENTORY AND ANIMAL DIETS 157
TABLE 94 FEEDING MANAGEMENT: PRECISION LIVESTOCK FARMING MARKET, BY REGION, 2019–2022 (USD MILLION) 158
TABLE 95 FEEDING MANAGEMENT: PRECISION LIVESTOCK FARMING MARKET, BY REGION, 2023–2028 (USD MILLION) 158
10.4 LIVESTOCK BEHAVIOR AND HEALTH MONITORING 159
10.4.1 INCREASING AWARENESS AMONG RANCHERS AND DAIRY FARM OWNERS TO TRACK HEAT DETECTION AND EARLY DISEASE IDENTIFICATION 159
TABLE 96 LIVESTOCK HEALTH & BEHAVIOR MONITORING: PRECISION LIVESTOCK FARMING MARKET, BY REGION, 2019–2022 (USD MILLION) 159
FIGURE 59 EUROPE TO LEAD MARKET FOR LIVESTOCK BEHAVIOR & HEALTH MONITORING DURING FORECAST PERIOD 160
TABLE 97 LIVESTOCK HEALTH & BEHAVIOR MONITORING: PRECISION LIVESTOCK FARMING MARKET, BY REGION, 2023–2028 (USD MILLION) 160
10.5 OTHERS 161
TABLE 98 OTHERS: PRECISION LIVESTOCK FARMING MARKET, BY REGION, 2019–2022 (USD MILLION) 161
FIGURE 60 ASIA PACIFIC TO RECORD HIGHEST CAGR IN MARKET FOR OTHER APPLICATIONS DURING FORECAST PERIOD 161
TABLE 99 OTHERS: PRECISION LIVESTOCK FARMING MARKET, BY REGION, 2023–2028 (USD MILLION) 162
11 PRECISION LIVESTOCK FARMING MARKET, BY GEOGRAPHY 163
11.1 INTRODUCTION 164
FIGURE 61 REGIONAL SNAPSHOT: INDIA TO WITNESS HIGHEST CAGR FROM 2023 TO 2028 164
TABLE 100 PRECISION LIVESTOCK FARMING MARKET, BY REGION, 2019–2022 (USD MILLION) 165
TABLE 101 PRECISION LIVESTOCK FARMING MARKET, BY REGION, 2023–2028 (USD MILLION) 165
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11.2 AMERICAS 166
FIGURE 62 AMERICAS: PRECISION LIVESTOCK FARMING MARKET SNAPSHOT 166
11.2.1 AMERICAS: RECESSION IMPACT 167
FIGURE 63 AMERICAS: IMPACT OF RECESSION (PRE-RECESSION SCENARIO VS. POST-RECESSION SCENARIO) 167
TABLE 102 AMERICAS: PRECISION LIVESTOCK FARMING MARKET, BY REGION, 2019–2022 (USD MILLION) 167
TABLE 103 AMERICAS: PRECISION LIVESTOCK FARMING MARKET, BY REGION, 2023–2028 (USD MILLION) 168
TABLE 104 AMERICAS: PRECISION LIVESTOCK FARMING MARKET, BY SYSTEM TYPE, 2019–2022 (USD MILLION) 168
TABLE 105 AMERICAS: PRECISION LIVESTOCK FARMING MARKET, BY SYSTEM TYPE, 2023–2028 (USD MILLION) 168
TABLE 106 AMERICAS: PRECISION LIVESTOCK FARMING MARKET, BY OFFERING, 2019–2022 (USD MILLION) 169
TABLE 107 AMERICAS: PRECISION LIVESTOCK FARMING MARKET, BY OFFERING, 2023–2028 (USD MILLION) 169
TABLE 108 AMERICAS: PRECISION LIVESTOCK FARMING MARKET, BY APPLICATION, 2019–2022 (USD MILLION) 170
TABLE 109 AMERICAS: PRECISION LIVESTOCK FARMING MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 170
11.2.2 NORTH AMERICA 170
TABLE 110 NORTH AMERICA: PRECISION LIVESTOCK FARMING MARKET, BY COUNTRY, 2019–2022 (USD MILLION) 171
TABLE 111 NORTH AMERICA: PRECISION LIVESTOCK FARMING MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 171
TABLE 112 NORTH AMERICA: PRECISION LIVESTOCK FARMING MARKET, BY SYSTEM TYPE, 2019–2022 (USD MILLION) 172
TABLE 113 NORTH AMERICA: PRECISION LIVESTOCK FARMING MARKET, BY SYSTEM TYPE, 2023–2028 (USD MILLION) 172
11.2.2.1 US 173
11.2.2.1.1 US to remain largest market for precision livestock farming in region 173
11.2.2.2 Canada 173
11.2.2.2.1 Substantial demand generated by dairy industry 173
11.2.2.3 Mexico 174
11.2.2.3.1 Growing cattle industry 174
11.2.3 SOUTH AMERICA 174
TABLE 114 SOUTH AMERICA: PRECISION LIVESTOCK FARMING MARKET, BY COUNTRY, 2019–2022 (USD MILLION) 175
TABLE 115 SOUTH AMERICA: PRECISION LIVESTOCK FARMING MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 175
TABLE 116 SOUTH AMERICA: PRECISION LIVESTOCK FARMING MARKET, BY SYSTEM TYPE, 2019–2022 (USD MILLION) 175
TABLE 117 SOUTH AMERICA: PRECISION LIVESTOCK FARMING MARKET, BY SYSTEM TYPE, 2023–2028 (USD MILLION) 176
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11.2.3.1 Brazil 176
11.2.3.1.1 Rapid adoption of precision livestock farming technology by commercial farmers 176
11.2.3.2 Argentina 177
11.2.3.2.1 Large cattle population to accelerate demand for livestock identification, monitoring, and tracking 177
11.2.3.3 Rest of South America 177
11.3 EUROPE 177
FIGURE 64 EUROPE: PRECISION LIVESTOCK FARMING MARKET SNAPSHOT 178
11.3.1 EUROPE: RECESSION IMPACT 178
FIGURE 65 EUROPE: IMPACT OF RECESSION (PRE-RECESSION SCENARIO VS. POST-RECESSION SCENARIO) 179
TABLE 118 EUROPE: PRECISION LIVESTOCK FARMING MARKET, BY COUNTRY, 2019–2022 (USD MILLION) 179
TABLE 119 EUROPE: PRECISION LIVESTOCK FARMING MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 180
TABLE 120 EUROPE: PRECISION LIVESTOCK FARMING MARKET, BY SYSTEM TYPE, 2019–2022 (USD MILLION) 180
TABLE 121 EUROPE: PRECISION LIVESTOCK FARMING MARKET, BY SYSTEM TYPE, 2023–2028 (USD MILLION) 181
TABLE 122 EUROPE: PRECISION LIVESTOCK FARMING MARKET, BY OFFERING, 2019–2022 (USD MILLION) 181
TABLE 123 EUROPE: PRECISION LIVESTOCK FARMING MARKET, BY OFFERING, 2023–2028 (USD MILLION) 181
TABLE 124 EUROPE: PRECISION LIVESTOCK FARMING MARKET, BY APPLICATION, 2019–2022 (USD MILLION) 182
TABLE 125 EUROPE: PRECISION LIVESTOCK FARMING MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 182
11.3.2 UK 183
11.3.2.1 Established milk and meat industries to support market growth 183
11.3.3 GERMANY 183
11.3.3.1 Largest dairy producer in region to propel market 183
11.3.4 FRANCE 184
11.3.4.1 Growing number of livestock farms to contribute to market growth 184
11.3.5 DENMARK 184
11.3.5.1 High adoption of automated milk harvesting systems to drive market 184
11.3.6 SWEDEN 184
11.3.6.1 Higher adoption of precision livestock farming technologies to fuel market 184
11.3.7 NETHERLANDS 185
11.3.7.1 Surging adoption of precision livestock farming solutions in milk harvesting and feeding management applications to drive market 185
11.3.8 REST OF EUROPE 185
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11.4 ASIA PACIFIC 185
FIGURE 66 ASIA PACIFIC: PRECISION LIVESTOCK FARMING MARKET SNAPSHOT 186
11.4.1 ASIA PACIFIC: RECESSION IMPACT 187
FIGURE 67 ASIA PACIFIC: IMPACT OF RECESSION (PRE-RECESSION SCENARIO VS. POST-RECESSION SCENARIOS) 187



13 COMPANY PROFILES 218
(Business Overview, Products/Solutions/Services Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats))*
13.1 KEY PLAYERS 218
13.1.1 DELAVAL 218
TABLE 153 DELAVAL: COMPANY SNAPSHOT 218
FIGURE 72 DELAVAL: COMPANY SNAPSHOT 219
TABLE 154 DELAVAL: PRODUCTS/SOLUTIONS/SERVICES OFFERED 220
TABLE 155 DELAVAL: PRODUCT/SOLUTION/SERVICE LAUNCHES 224
TABLE 156 DELAVAL: DEALS 226
TABLE 157 DELAVAL: OTHER DEVELOPMENTS 227
13.1.2 GEA GROUP 229
TABLE 158 GEA GROUP: COMPANY SNAPSHOT 229
FIGURE 73 GEA GROUP: COMPANY SNAPSHOT 230
TABLE 159 GEA GROUP: PRODUCTS/SOLUTIONS/SERVICES OFFERED 231
TABLE 160 GEA GROUP: PRODUCT/SOLUTION/SERVICE LAUNCHES 233
TABLE 161 GEA GROUP: DEALS 233
TABLE 162 GEA GROUP: OTHER DEVELOPMENTS 234
13.1.3 AFIMILK LTD. 236
TABLE 163 AFIMILK LTD.: COMPANY SNAPSHOT 236
TABLE 164 AFIMILK LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 237
TABLE 165 AFIMILK LTD.: PRODUCT/SOLUTION/SERVICE LAUNCHES 238
TABLE 166 AFIMILK LTD.: DEALS 239
TABLE 167 AFIMILK LTD.: OTHER DEVELOPMENTS 240
13.1.4 ALLFLEX LIVESTOCK INTELLIGENCE (SUBSIDIARY OF MSD ANIMAL HEALTH) 241
TABLE 168 ALLFLEX LIVESTOCK INTELLIGENCE: COMPANY SNAPSHOT 241
TABLE 169 ALLFLEX LIVESTOCK INTELLIGENCE: PRODUCTS/SOLUTIONS/SERVICES OFFERED 242
TABLE 170 ALLFLEX LIVESTOCK INTELLIGENCE: PRODUCT/SOLUTION/SERVICE LAUNCHES 244
TABLE 171 ALLFLEX LIVESTOCK INTELLIGENCE: DEALS 245
TABLE 172 ALLFLEX LIVESTOCK INTELLIGENCE: OTHER DEVELOPMENTS 247
13.1.5 NEDAP N.V. 248
TABLE 173 NEDAP N.V.: BUSINESS OVERVIEW 248
FIGURE 74 NEDAP N.V.: COMPANY SNAPSHOT 249
TABLE 174 NEDAP N.V.: PRODUCTS OFFERED 249
TABLE 175 NEDAP N.V.: DEALS 250
13.1.6 LELY INTERNATIONAL 252
TABLE 176 LELY INTERNATIONAL: COMPANY SNAPSHOT 252
TABLE 177 LELY INTERNATIONAL: PRODUCTS/SOLUTIONS/SERVICES OFFERED 253
TABLE 178 LELY INTERNATIONAL: PRODUCTS/SOLUTIONS/SERVICES OFFERED 254
TABLE 179 LELY INTERNATIONAL: DEALS 255
13.1.7 WAIKATO MILKING SYSTEMS 256
TABLE 180 WAIKATO MILKING SYSTEMS: BUSINESS OVERVIEW 256
TABLE 181 WAIKATO MILKING SYSTEMS: PRODUCTS/SOLUTIONS/SERVICES OFFERED 256
TABLE 182 WAIKATO MILKING SYSTEMS: PRODUCT/SOLUTION/SERVICE LAUNCHES 258
13.1.8 LIVESTOCK IMPROVEMENT CORPORATION 259
TABLE 183 LIVESTOCK IMPROVEMENT CORPORATION (LIC): COMPANY SNAPSHOT 259
FIGURE 75 LIVESTOCK IMPROVEMENT CORPORATION (LIC): COMPANY SNAPSHOT 260
TABLE 184 LIVESTOCK IMPROVEMENT CORPORATION (LIC): PRODUCTS/SOLUTIONS/SERVICES OFFERED 260
13.1.9 BOUMATIC 261
TABLE 185 BOUMATIC: BUSINESS OVERVIEW 261
TABLE 186 BOUMATIC: PRODUCTS/SOLUTIONS/SERVICES OFFERED 262
TABLE 187 BOUMATIC: PRODUCT/SOLUTION/SERVICE LAUNCHES 263
TABLE 188 BOUMATIC: DEALS 263
13.1.10 FANCOM BV 264
TABLE 189 FANCOM BV: COMPANY SNAPSHOT 264
TABLE 190 FANCOM BV: PRODUCTS/SOLUTIONS/SERVICES OFFERED 264
TABLE 191 FANCOM BV: PRODUCT/SOLUTION/SERVICE LAUNCHES 266
TABLE 192 FANCOM BV: DEALS 267
13.2 OTHER PLAYERS 268
13.2.1 HOKOFARM GROUP 268
13.2.2 TRIOLIET 269
13.2.3 BIG DUTCHMAN 269
13.2.4 VDL AGROTECH (VDL GROEP) 270
13.2.5 HID GLOBAL 271
13.2.6 ALEIS 272
13.2.7 ICEROBOTICS 272
13.2.8 CONNECTERRA 273
13.2.9 CAINTHUS 274
13.2.10 FAROMATICS 275
13.2.11 TIBOT 275
13.2.12 MIROBOT 276
13.2.13 FARMCONTROL 277
13.2.14 MOOCALL 278
13.2.15 SCIO+ 278
*Details on Business Overview, Products/Solutions/Services Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats) might not be captured in case of unlisted companies.
14 APPENDIX 279
14.1 INSIGHTS FROM INDUSTRY EXPERTS 279
14.2 DISCUSSION GUIDE 280
14.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 283
14.4 AVAILABLE CUSTOMIZATION 285
14.5 RELATED REPORTS 285
14.6 AUTHOR DETAILS 286