(MENAFN - GetNews) The global livestock monitoring market is expected to grow at a Compound Annual Growth Rate (CAGR) of 15.76% from 2017 to 2024 to reach USD 1,990.57 million.
According to a new market research report"Global Livestock Monitoring Market - Premium Insight, Industry Trends, FPNV Positioning Matrix, Competitive News Feed Analysis, Company Usability Profiles, Market Sizing & Forecasts to 2024 (Q1 2019 Update)", published by 360iResearch, the global livestock monitoring market is expected to grow from USD 714.69 million in 2017 to USD 1,990.57 million by 2024 at a CAGR of 15.76%.
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'Increasing size of dairy and poultry farms is one of the factors largely attributing to the growth of livestock monitoring market globally
'Hardware: The highest growing component for the global livestock monitoring market
On the basis of component, the global livestock monitoring market is studied across Hardware, Services, and Software. Among all these component, the Hardware is projected to hold the largest market share while the Services has the potential to grow the market with the highest CAGR in the forecast period.
'Milk Harvesting Management: The highest growing function for the global livestock monitoring market
On the basis of function, the global livestock monitoring market is studied across Animal Comfort Management, Behavior Monitoring & Control, Breeding Management, Feeding Management, Heat Stress Management, and Milk Harvesting Management. Among all these function, the Milk Harvesting Management is projected to hold the largest market share while the Behavior Monitoring & Control has the potential to grow the market with the highest CAGR in the forecast period.
'Cattle: The highest growing species for the global livestock monitoring market
On the basis of species, the global livestock monitoring market is studied across Cattle, Equine, Poultry, and Swine. Among all these species, the Cattle is projected to hold the largest market share while the Swine has the potential to grow the market with the highest CAGR in the forecast period.
'On-Premises: The highest growing deployment for the global livestock monitoring market
On the basis of deployment, the global livestock monitoring market is studied across On-Cloud and On-Premises. Among all these deployment, the On-Premises has captured the maximum market share while the On-Cloud has the opportunity to emerge with the highest CAGR.
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'Europe, Middle East & Africa: The highest growing geography for the global livestock monitoring market
On the basis of geography, the global livestock monitoring market is studied across Americas, (United States, Brazil, Canada, Mexico, and Argentina) Europe, Middle East & Africa, (United Kingdom, Germany, France, Saudi Arabia, United Arab Emirates, Italy, and Russia) and Asia-Pacific (China, Japan, India, and Australia). Among all these geography, the Asia-Pacific is showing the maximum growth in the near future with the highest CAGR while the Europe, Middle East & Africa is dominating the market with highest market size.
'Accent Advanced Systems, SLU: The potential growing player for the global livestock monitoring market
The key players profiled in the global livestock monitoring market are Accent Advanced Systems, SLU, Afimilk Ltd., Boumatic, LLC, Cambridge Animal Technologies Ltd, Dairymaster, GEA Group AG, Infovet, Lely Holding S.À.R.L, Monnit Corp., SCR Dairy, Inc., Sensaphone, Sum-It Computer Systems, Ltd., Telit, and Valley Agriculture Software.
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In the report, we have covered two proprietary models, the 360iResearch FPNV Positioning Matrix and 360iResearch Competitive Strategic Window. The 360iResearch FPNV Positioning Matrix analyses the competitive market place for the players in terms of product satisfaction and business strategy they adopt to sustain in the market. The 360iResearch Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies. The 360iResearch Competitive Strategic Window helps the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. During a forecast period, it defines the optimal or favorable fit for the vendors to adopt successive merger and acquisitions strategies, geography expansion, research & development, new product introduction strategies to execute further business expansion and growth.
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The key chapters profiled in the report are as follows:
2. Research & Forecasting
3. Executive Summary
4. Premium Insight
5. Market Data Feed
6. Americas Livestock Monitoring Market
7. Europe, Middle East & Africa Livestock Monitoring Market
8. Asia-Pacific Livestock Monitoring Market
9. 360iResearch Competitive Strategic Window
10. Competitive Landscape
11. Company Usability Profiles
The report answers questions such as:
1. What is the market size of livestock monitoring market in the global?
2. What are the factors that affect the growth in global livestock monitoring market over the forecast period?
3. What is the competitive position in the global livestock monitoring market?
4. Which are the best product areas to be invested in over the forecast period?
5. What are the opportunities in the global livestock monitoring market?
6. What are the modes of entering the global livestock monitoring market?
360iResearch LLP, headquartered in Pune, India, is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as Aerospace & Defense, Agriculture, Automotive & Transportation, Building, Construction & Real Estate, Chemicals & Advanced Material, Consumer Goods & Retail, Energy & Utilities, Food & Beverage, Healthcare & Life Sciences, Information Technology, Packaging, and Semiconductor & Electronics.
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