The Precision Livestock Farming Market size was estimated at USD 4.25 billion in 2022 and expected to reach USD 4.71 billion in 2023, at a CAGR 11.01% to reach USD 9.82 billion by 2030.

Market Segmentation & Coverage:

This research report analyzes various sub-markets, forecasts revenues, and examines emerging trends in each category to provide a comprehensive outlook on the Precision Livestock Farming Market.

  • Based on Product, market is studied across Hardware, Services, and Software. The Hardware is further studied across Cameras, GPS, RFID Tags & Readers, Robotics Component, and Sensors. The Sensors is further studied across Accelerometer Sensor, Environmental Humidity Sensor, Motion Sensor, and Temperature Sensor. The Services is further studied across Maintenance & Support, Managed Service, and System Integration & Deployment. The Hardware commanded largest market share of 43.49% in 2022, followed by Services.

  • Based on Technology, market is studied across Livestock Identification & Tracking, Milking Robots, and Precision Feeding Systems. The Milking Robots is further studied across Automated Milking Rotary, Multistall Unit, and Single-Stall Unit. The Livestock Identification & Tracking commanded largest market share of 24.92% in 2022, followed by Milking Robots.

  • Based on Deployment, market is studied across On-Cloud and On-Premise. The On-Premise commanded largest market share of 66.28% in 2022, followed by On-Cloud.

  • Based on Application, market is studied across Feeding Management, Livestock Behavior & Health Monitoring, and Milk Harvesting. The Milk Harvesting commanded largest market share of 38.12% in 2022, followed by Livestock Behavior & Health Monitoring.

  • Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Europe, Middle East & Africa commanded largest market share of 60.23% in 2022, followed by Americas.

Market Statistics:

The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix is an indispensable tool for assessing the Precision Livestock Farming Market. It comprehensively evaluates vendors, analyzing key metrics related to Business Strategy and Product Satisfaction. This enables users to make informed decisions tailored to their specific needs. Through advanced analysis, vendors are categorized into four distinct quadrants, each representing a different level of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V). Be assured that this insightful framework empowers decision-makers to navigate the market with confidence.

Market Share Analysis:

The Market Share Analysis offers invaluable insights into the vendor landscape Precision Livestock Farming Market. By evaluating their impact on overall revenue, customer base, and other key metrics, we provide companies with a comprehensive understanding of their performance and the competitive environment they confront. This analysis also uncovers the level of competition in terms of market share acquisition, fragmentation, dominance, and industry consolidation during the study period.

Key Company Profiles:

The report delves into recent significant developments in the Precision Livestock Farming Market, highlighting leading vendors and their innovative profiles. These include Afimilk Ltd., AGCO Corporation., BinSentry Inc, BouMatic, LLC, Dairymaster, DeLaval, Inc., Evonik Industries AG, Fancom B.V., Farm4Trade SRL, Farmcontrol, FlyPard Analytics GmbH., Fullwood Ltd. by JOZ b.v., GEA Group, HID Global Corporation, Hokofarm Group BV, IceRobotics Ltd. by Peacock Technology Ltd, Lely International N.V., Merck & Co., Inc., Moocall Limited, Nedap N.V., Optifarm, Precision Livestock Technologies, Simple Ag Solutions, SomaDetect Inc., TIBOT Technologies by Octopus Biosafety, Trioliet B.V., VDL Agrotech B.V by VDL Groep, and Waikato Milking Systems NZ LP.

The report offers valuable insights on the following aspects:

  1. Market Penetration: It provides comprehensive information about key players’ market dynamics and offerings.
  2. Market Development: In-depth analysis of emerging markets and penetration across mature market segments, highlighting lucrative opportunities.
  3. Market Diversification: Detailed information about new product launches, untapped geographies, recent developments, and investments.
  4. Competitive Assessment & Intelligence: Exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of leading players.
  5. Product Development & Innovation: Intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

  1. What is the market size and forecast for the Precision Livestock Farming Market?
  2. Which products, segments, applications, and areas hold the highest investment potential in the Precision Livestock Farming Market?
  3. What is the competitive strategic window for identifying opportunities in the Precision Livestock Farming Market?
  4. What are the latest technology trends and regulatory frameworks in the Precision Livestock Farming Market?
  5. What is the market share of the leading vendors in the Precision Livestock Farming Market?
  6. Which modes and strategic moves are suitable for entering the Precision Livestock Farming Market?