Global Rfid Tags For Livestock Management Market 2024-2028
Technavio has been monitoring the rfid tags for livestock management market and is forecast to grow by USD 1060.4 mn during 2023-2028, accelerating at a CAGR of 10.6% during the forecast period. Our report on the rfid tags for livestock management market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by regulations regarding animal welfare, emphasis on reducing methane emissions from livestock, and government regulations on transition to rfid tags.
Technavio's rfid tags for livestock management market is segmented as below:
By Type
- Cattle
- Goats and sheep
- Others
By Application
By Geography
- North America
- Europe
- APAC
- South America
- Middle East and Africa
This study identifies the increasing adoption of automation in livestock units as one of the prime reasons driving the rfid tags for livestock management market growth during the next few years. Also, increasing adoption of rfid in smart farming applications and increasing adoption of cloud technologies to improve dairy production in livestock units will lead to sizable demand in the market.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the rfid tags for livestock management market covers the following areas:
- Rfid tags for livestock management market sizing
- Rfid tags for livestock management market forecast
- Rfid tags for livestock management market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading rfid tags for livestock management market vendors that include Allflex Group, Bartronics India Ltd., CoreRFID Ltd., Dalton Tags, Datamars SA, eAgile Inc., Essen Computers Ltd., GAO RFID Inc., HID Global Corp., ID Tech Solutions Pvt. Ltd., Impinj Inc., Ketchum Mfg. Co., Mojix Inc., National Band and Tag Co., NXP Semiconductors NV, Omnia Technologies Pvt. Ltd., RFID Inc., Siemens AG, Tag Factory, and Zebra Technologies Corp.. Also, the rfid tags for livestock management market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.