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Livestock Monitoring Market Share

Report ID: GMI10412
Published Date: Jul 2024
Report Format: PDF

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Livestock Monitoring Market Share

GEA Farm Technologies and DeLaval dominate the market with around 12% of the market share. GEA Farm Technologies is a prominent player in the agricultural equipment sector. It has a comprehensive portfolio of solutions for dairy farming and broader livestock management. They are well-known for their milking robots and automated milking systems, which integrate seamlessly with advanced sensors and data analysis tools. GEA prioritizes organic growth strategies, focusing on product launches and innovation to solidify its position in the milking automation market.

DeLaval is a leading force in the dairy equipment industry. They offer a comprehensive suite of solutions for milking, herd management, animal comfort, and farm management software. The company focuses on developing advanced milking technologies, such as its Flow-Responsive Milking system that optimizes milking efficiency. They have a strong geographic presence across EMEA, Asia Pacific, and the Americas.

Livestock Monitoring Market Companies

Major players operating in the livestock monitoring industry are:

Afimilk Ltd.
Allflex Livestock Intelligence
BouMatic
DairyMaster
DeLaval
GEA Farm Technologies
Merck Animal Health
Nedap N.V.
SCR Dairy
Zoetis

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size for livestock monitoring was valued at USD 6.6 billion in 2023 and is estimated to register a CAGR of over 9% between 2024 and 2032, backed by the surge in global population and increased demand for meat and dairy products, leading farmers to focus on livestock productivity and efficiency.

The health monitoring segment is expected to account for over USD 2.1 billion by 2032, due to the increasing need for efficient disease management, early detection of health issues, and overall improvement in animal welfare.

In 2023, North America had a significant share of 34% and will continue to drive the industry growth through 2032, driven by the increasing adoption of advanced technologies, the presence of large-scale livestock farms, and stringent regulations on animal health & welfare.

Afimilk Ltd., Allflex Livestock Intelligence, BouMatic, DairyMaster, DeLaval, GEA Farm Technologies, Merck Animal Health, Nedap N.V., SCR Dairy, and Zoetis.