Livestock Monitoring

Global Livestock Monitoring Market to Reach US$4.0 Billion by 2030

The global market for Livestock Monitoring estimated at US$2.3 Billion in the year 2024, is expected to reach US$4.0 Billion by 2030, growing at a CAGR of 9.5% over the analysis period 2024-2030. Hardware, one of the segments analyzed in the report, is expected to record a 8.7% CAGR and reach US$2.2 Billion by the end of the analysis period. Growth in the Software segment is estimated at 11.0% CAGR over the analysis period.

The U.S. Market is Estimated at US$600.1 Million While China is Forecast to Grow at 12.4% CAGR

The Livestock Monitoring market in the U.S. is estimated at US$600.1 Million in the year 2024. China, the world`s second largest economy, is forecast to reach a projected market size of US$895.2 Million by the year 2030 trailing a CAGR of 12.4% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 6.3% and 7.6% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 7.1% CAGR.

Global Livestock Monitoring Market - Key Trends & Drivers Summarized

How Is Technology Transforming Livestock Management?
Livestock monitoring technology has drastically transformed modern farming practices, making it possible to manage large herds efficiently and with greater precision. Using GPS trackers, RFID tags, and sensors, farmers can monitor the location, health, and behavior of individual animals in real time. This technology enables early detection of illnesses, better reproductive management, and optimized feeding strategies, contributing to increased productivity and reduced operational costs. Additionally, these systems facilitate automated milking, feeding, and weighing processes, thereby reducing labor costs and improving animal welfare by ensuring timely medical attention and consistent care.

What Innovations Are Shaping Livestock Monitoring Solutions?
Innovation in livestock monitoring is focused on enhancing data integration and analysis capabilities. Advanced software solutions now aggregate data collected from various sensors to provide a comprehensive view of the herd`s health and productivity. Machine learning algorithms analyze this data to predict health issues before they become apparent, allowing for proactive management. Moreover, mobile apps enable remote monitoring, giving farmers the flexibility to manage their operations from anywhere. This connectivity not only streamlines farm management but also ensures that the data collected is actionable and directly linked to improving bottom-line results.

Why Is Sustainability a Key Focus in Livestock Monitoring?
Sustainability in livestock farming is increasingly vital as consumers demand more ethically produced meat and dairy products. Livestock monitoring systems help achieve these sustainability goals by optimizing resource usage and reducing the environmental footprint of farming operations. For instance, monitoring systems can fine-tune the feeding process to reduce waste and enhance feed efficiency, thereby lowering methane emissions per output of meat or milk. Additionally, by improving animal health and reducing mortality rates, these systems ensure that resources used in raising livestock are utilized effectively, supporting the sustainability of the entire agricultural sector.

What Drives the Growth of the Livestock Monitoring Market?
The growth in the livestock monitoring market is driven by several factors, including the increasing demand for protein-rich diets that require efficient and scalable livestock management solutions. The push towards precision farming practices underpinned by government initiatives and subsidies to adopt smart agricultural practices is another critical driver. As the global population continues to grow, there is a pressing need to enhance food security by increasing productivity, which livestock monitoring technologies facilitate. Furthermore, the integration of IoT and cloud-based technologies in these systems enables farmers to scale operations without compromising on animal welfare or farm efficiency. This technological evolution, coupled with the growing emphasis on sustainable practices and animal welfare, significantly propels the adoption of livestock monitoring systems worldwide.

SCOPE OF STUDY:

The report analyzes the Livestock Monitoring market in terms of units by the following Segments, and Geographic Regions/Countries:

Segments:
Offering (Hardware, Software, Services); Livestock (Cattle, Poultry, Swine, Equine, Other Livestocks); Application (Milk Harvesting Management, Animal Comfort Management, Feeding Management, Heat Stress & Fertility Management, Other Applications)

Geographic Regions/Countries:
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

Select Competitors (Total 47 Featured) -

• Agrologic Ltd.
• Anitar
• Axereal
• Cadilhe & Santos LDA
• Commonwealth Scientific and Industrial Research Organisation (CSIRO)
• Datamars, Inc.
• FRIGORÍFICO FORRES BELTRÁN
• Italcol
• JetBov
• Masstock Arable (UK) Ltd. (Agrii)

TARIFF IMPACT FACTOR

Our new release incorporates impact of tariffs on geographical markets as we predict a shift in competitiveness of companies based on HQ country, manufacturing base, exports and imports (finished goods and OEM). This intricate and multifaceted market reality will impact competitors by artificially increasing the COGS, reducing profitability, reconfiguring supply chains, amongst other micro and macro market dynamics.

We are diligently following expert opinions of leading Chief Economists (14,949), Think Tanks (62), Trade & Industry bodies (171) worldwide, as they assess impact and address new market realities for their ecosystems. Experts and economists from every major country are tracked for their opinions on tariffs and how they will impact their countries.

We expect this chaos to play out over the next 2-3 months and a new world order is established with more clarity. We are tracking these developments on a real time basis.

As we release this report, U.S. Trade Representatives are pushing their counterparts in 183 countries for an early closure to bilateral tariff negotiations. Most of the major trading partners also have initiated trade agreements with other key trading nations, outside of those in the works with the United States. We are tracking such secondary fallouts as supply chains shift.

To our valued clients, we say, we have your back. We will present a simplified market reassessment by incorporating these changes!

APRIL 2025: NEGOTIATION PHASE

Our April release addresses the impact of tariffs on the overall global market and presents market adjustments by geography. Our trajectories are based on historic data and evolving market impacting factors.

JULY 2025 FINAL TARIFF RESET

Complimentary Update: Our clients will also receive a complimentary update in July after a final reset is announced between nations. The final updated version incorporates clearly defined Tariff Impact Analyses.

Reciprocal and Bilateral Trade & Tariff Impact Analyses:

USA
CHINA
MEXICO
CANADA
EU
JAPAN
INDIA
176 OTHER COUNTRIES.

Leading Economists - Our knowledge base tracks 14,949 economists including a select group of most influential Chief Economists of nations, think tanks, trade and industry bodies, big enterprises, and domain experts who are sharing views on the fallout of this unprecedented paradigm shift in the global econometric landscape. Most of our 16,491+ reports have incorporated this two-stage release schedule based on milestones.

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