Precision Business Insights has published a report on the global livestock monitoring market, estimating its value at USD 7,166.6 million in 2024 and is expected to expand at a compound annual growth rate (CAGR) of 19.8% over the forecast period 2025-2031. The report explores the market growth and potential opportunities in the market industry. Additionally, it offers a detailed analysis of how these elements will affect market demand dynamics and market performance throughout the forecast period.

View the detailed report description here - https://www.precisionbusinessinsights.com/market-reports/livestock-monitoring-market      

The livestock monitoring market refers to the industry focused on systems, devices, and technologies used to track, manage, and analyze the health, productivity, and behavior of livestock such as cattle, poultry, swine, and sheep. These solutions include sensors, wearable devices, smart cameras, GPS trackers, and software platforms that collect real-time data on vital parameters like feeding, reproduction, health conditions, and location.
The market is primarily driven by the rising demand for meat and dairy products worldwide, as increasing population and protein consumption push farmers to enhance productivity and efficiency. One of the major drivers is the need for effective disease detection and animal health management, as early monitoring through smart sensors and wearable devices helps reduce livestock mortality and veterinary costs.

The global livestock monitoring market segmentation:
1) By Animal Type: Cattle, Poultry, Swine, Equine, and Others
2) By Component: Hardware, Software, and Services
3) By Application: Milk Harvesting, Breeding Management, Feeding Management, Animal Health Monitoring & Comfort, Heat Stress, Behaviour Monitoring, and Others

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Regional Overview:
The report also examines the current concerns and their Future Effects on the livestock monitoring market by the region. The market has been segmented into numerous primary regions and a detailed evaluation of primary countries.

• North America (U.S., Canada)
• Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
• Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
• Latin America (Mexico, Brazil, Argentina, Columbia, Rest of Latin America)
• Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)

The competitive landscape is dominated by major players like  Afimilk Ltd., DeLaval, Sensaphone, Intervet Inc.,  BouMatic, Dairymaster, Lely, Fancom BV, Fullwood Packo

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