Global Livestock Farm Equipment Market, By Product Type (Milking Equipment, Cleaning Equipment, Egg Handling Equipment, Feed Equipment, Housing Equipment, Livestock Handling, Foggers, Coolers, and Heaters, Others), End User (Poultry Farm, Dairy Farm, Swine Farm, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights: Global Livestock Farm Equipment Market
The livestock farm equipment market is expected to witness market growth at a rate of 3.5% in the forecast period of 2021 to 2028, and is estimated to reach the value of USD 23,441.83 million by 2028. Data Bridge Market Research report on livestock farm equipment market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The increase in demand for the product for various industrial applications is escalating the growth of livestock farm equipment market.
Livestock farm equipment is defined as the type of machinery that is utilized in dairy and poultry farms for managing the livestock. The equipment is widely used for various farm applications including milking, tagging, grooming, feed distribution and egg handling. The grooming equipment generally involves hoof trimmers and grooming kits, and milking equipment pumps to collect milk from buffalos, goats and cows automatically. To collect, sort and transport eggs within the farm and the tagging are characterized under egg handling machines, and tagging equipment used for convenient labeling of the livestock.
The increase in the consumption of dairy products, meat, and eggs, across the globe acts as one of the major factors driving the growth of livestock farm equipment market. The implementation of advanced technologies in the agriculture sector in order to enhance the operational efficiency, and rise in deployment of milking and breeding equipment for improving the overall yield and management practices accelerate the market growth. The increase in popularity of automated equipment for the management of the livestock and undertaking various tasks, such as milking, cleaning and feeding, and monitoring, and benefits offered by livestock farm equipment in terms of easing the livestock farming activities further influence the market. Additionally, rapid industrialization, high adoption of the product especially in developed regions, and expansion of agriculture sector positively affect the livestock farm equipment market. Furthermore, utilization of sensors and smart radio-frequency identification (RFID) tags extends profitable opportunities to the market players in the forecast period of 2021 to 2028.
- On the other hand, the rise in number of lactose intolerant population and disrupted the supply chains due to the outbreak of the COVID-19 pandemic are expected to obstruct the market growth. The opposition from animal activist groups is projected to challenge the livestock farm equipment market in the forecast period of 2021-2028.
This livestock farm equipment market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on livestock farm equipment market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Livestock Farm Equipment Market Scope and Market Size
The livestock farm equipment market is segmented on the basis of product type and end user. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of product type, the livestock farm equipment market is segmented into milking equipment, cleaning equipment, egg handling equipment, feed equipment, housing equipment, livestock handling, foggers, coolers, and heaters and others.
- On the basis of end user, the livestock farm equipment market is segmented into poultry farm, dairy farm, swine farm and others.
Livestock Farm Equipment Market Country Level Analysis
The livestock farm equipment market is analyzed and market size, volume information is provided by country, product type and end user as referenced above.
The countries covered in the livestock farm equipment market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the livestock farm equipment market due to the rise in need for farm automation in line with the increasing livestock within the region. Latin America is expected to be the fastest growing market during the forecast period of 2021 to 2028 because of the growing livestock in the region prompts farm owners to adopt innovative livestock farm equipment.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Livestock Farm Equipment Market Share Analysis
The livestock farm equipment market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to livestock farm equipment market.
The major players covered in the livestock farm equipment market report are Agriculture Technologies Deere & Company, Trimble, Inc., SST Development Group, Inc., Teejet Technologies, Topcon Positioning Systems, Inc., Dickey-John Corporation and Cropmetrics LLC, Certhon, Nexus Corporation, VEMCO, ScaleAQ, Aquabyte, Fancom BV, BouMatic, Nedap NV, The Climate Corporation, Afimilk Ltd., Antelliq, Heliospectra, Raven Industries, Agjunction, Inc., AGCO Corporation, AG Leader Technology, and Precision Planting, Inc., among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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