Supply Chain Ecosystem Analysis now part of DBMR Reports
Market Size in USD Billion
| 2022 –2029 | |
|
|
USD 0.23 Billion |
| USD 1.61 Billion | |
| % | |
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Global Smart Collar Tag for Cow Market, By Product Type (GPS Based, Radio Based, and Others); Application (Tracking, Training, and Others), Country (U.S., Canada, Mexico, Germany, Poland, Ireland, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Chile, Rest of South America, UAE, Saudi Arabia, Egypt, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2029
Data Bridge Market Research analyses that smart collar tag for cow market will project a compound annual growth rate (CAGR) of 10.90% during the forecast period of 2022-2029. One of the primary aspects driving market expansion is the cost savings realised after mounting the collars on a cow. This means that Smart Collar Tag for Cow market value, which was USD 0.234 billion in 2020 will climb up to USD 1.61 billion by the year 2029.
The smart collar tags are linked to servers and send data to dairy farmers via their smartphones, tablets, and computers.
Smart collar tags are becoming more popular among dairy farmers and ranchers due to easy access to the cow's whereabouts and real-time monitoring. The importance of the agricultural and animal industries has grown even more as a result of the COVID-19 epidemic. Dairy products are becoming more popular as a result of their nutritious value. Dairy farmers are looking for new technology to increase milk production volume in order to fulfil the rising demand for dairy products.
The rise of smart collar tag for cow industry is being aided by increased awareness of current technology and a shift in dairy producers' attitudes toward smart connection solutions.
However, these livestock monitoring systems generate massive amounts of data, which is difficult for non-experts to handle and comprehend. Furthermore, a lack of awareness among farmers about the availability of such technologies is a major impediment to the market's growth.
This smart collar tag for cow market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised 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, geographic expansions, technological innovations in the market. To gain more info on smart collar tag for cow market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
The smart collar tag for cow market is segmented on the basis of product type and application type. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
The global smart collar tag for cow market is analyses and market size, volume information is provided by country by product type and application type as referenced above.
The countries covered in smart collar tag for cow market report are U.S., Canada, Mexico in North America, Germany, Poland, Ireland, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Chile, Rest of South America as a part of South America, UAE, Saudi Arabia, Egypt, Kuwait, South Africa, Rest of Middle East and Africa(MEA) as a part of Middle East and Africa(MEA).
Asia-Pacific region is undergoing substantial gains and is projected to score the highest compound annual growth rate (CAGR) during the forecast period. This is because of the surge in the number of local parks especially in the developing economies like India, China, Japan, Indonesia, Malaysia and Thailand. Increasing focus on the construction of smart cities will further create lucrative market growth opportunities.
The country section of smart collar tag for cow market 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.
Smart collar tag for cow 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 smart collar tag for cow market.
Some of the major players operating in smart collar tag for cow market report are Afimilk Ltd, Connecterra B.V., Cowlar Inc, CowManager B.V, HerdInsights, Lely, Moocall, Quantified AG, SCR Dairy, GEA Farm Technologies, DeLaval, BouMatic, LLC, Merck Animal Health, Dairymaster Ltd., Lely International NV, Fancom BV, Fullwood Packo Ltd., and Nedap NV among others.
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Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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