Global Precision Livestock Farming Market Growth (Status and Outlook) 2023-2029

Global Precision Livestock Farming Market Growth (Status and Outlook) 2023-2029

Precision livestock farming (PLF) is a method of managing livestock using continuous real-time information that is obtained through the monitoring, control, and tracking of animals. This technology allows farmers to constantly monitor and sustain livestock operations such as feeding, health, and milking.

LPI (LP Information)' newest research report, the “Precision Livestock Farming Industry Forecast” looks at past sales and reviews total world Precision Livestock Farming sales in 2022, providing a comprehensive analysis by region and market sector of projected Precision Livestock Farming sales for 2023 through 2029. With Precision Livestock Farming sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Precision Livestock Farming industry.

This Insight Report provides a comprehensive analysis of the global Precision Livestock Farming landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Precision Livestock Farming portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Precision Livestock Farming market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Precision Livestock Farming and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Precision Livestock Farming.

The global Precision Livestock Farming market size is projected to grow from US$ 2509.7 million in 2022 to US$ 3625.2 million in 2029; it is expected to grow at a CAGR of 5.4% from 2023 to 2029.

United States market for Precision Livestock Farming is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Precision Livestock Farming is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Precision Livestock Farming is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Precision Livestock Farming players cover Afimilk, BouMatic, DeLaval, Allflex, Dairymaster and GEA Group, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

This report presents a comprehensive overview, market shares, and growth opportunities of Precision Livestock Farming market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Precision Feeding Systems
Precision Milking Robots
Stable and FMS

Segmentation by application
Swine
Ruminant
Poultry
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Afimilk
BouMatic
DeLaval
Allflex
Dairymaster
GEA Group

Please note: The report will take approximately 2 business days to prepare and deliver.