Continuously rising demand for the big oxen and poultry segment to drive the revenue of the Livestock Monitoring System Market
The Asia Pacific Livestock Monitoring System Market size was around USD 104.73 million in 2016. It is expected to grow at a CAGR of 19% to reach USD 249.91 million by 2021. It captures 25% of the global market.
(EMAILWIRE.COM, April 12, 2018 ) Overview
Nowadays, animals are being intensively taken care of and maintained underneath best conditions for growth and production at intervals with respect to current technological limits. The bulk of animals are kept in a building or yard for a large duration. As they're prevented from search for their own food, the farmer/ owner of these animals needs to beware of all aspects of their farming. Therefore, observance and management involving feeding, setting, copy, health, growth, marketing, transport, and quality, which now becomes the responsibility of the farmer. This is where the Livestock Monitory systems come into play.
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The Asia Pacific Livestock Monitoring System Market is estimated to have a value of USD 104.73 million in 2016. With a CAGR of 19%, the market size is expected to grow rapidly to cross USD 249.91 million by 2021. Growing size of dairy farms, technological advancements alongside new product launches, and substantial price savings due to the implementation of these observance management systems are some of the factors driving the market.
To know more read: https://www.marketdataforecast.com/market-reports/asia-pacific-livestock-monitoring-system-market-3915/
Drivers and Restraints
Progressive developments in sensing element technology are creating increasing amounts of knowledge relevant to observance animals and their setting, and hence their production, growth, and health. Continuously rising demand for the big oxen and poultry is another crucial factor contributing to the market growth prospects. Poultry, oxen and different animals need ideal living conditions to remain healthy and maximize their yield. Instrumentality failures adore ventilation systems, circulation fans, heaters and air conditioners will threaten their health and might cause issues if not handled diligently.
As per the U.S. Department of Labor (USDA), employment of dairy staff is calculable to decrease by 6% from 2014 to 2024. Likewise, as per a report of the social unit on agriculture & farming, Government of India 2014, only 34,500 veterinarians are utilized for field services against the necessity of 67,000.
Get your customized report: https://www.marketdataforecast.com/market-reports/asia-pacific-livestock-monitoring-system-market-3915/customize-report
Regional Overview
The market in APAC is anticipated to grow at the best CAGR in the forecast period. The primary driving forces for this growth are increasing technological adoption and growing range of oxen and poultry, providing immense opportunities in APAC countries, particularly in India, China, and Japan. The Livestock Monitoring System Market in APAC is ready to grow attributable to technological advancements and increased awareness among farmers concerning latest placental observance technologies.
The major market contributors for the Livestock Monitoring System Market are Afimilk Ltd. (Israel), BouMatic LLC (U.S.), SCR Dairy, Inc. (Israel) DeLaval (Sweden), GEA Group AG (Germany), and livestock monitoring software and service providers such as DairyMaster (Ireland), SUM-IT Computer Systems, Ltd. (U.K.), and Valley Agriculture Software (U.S.).
About MarketDataForecast™
Market Data Forecast is a market research firm offering syndicated research, consults and industry newsletters across various domains & verticals. With a well-established in-house team of experts from diverse fields and outsource research network across 100+ countries, we are the sole research providers for the majority of Fortune 500 companies. Along with the standards of reports being on par excellence, our unique services like free customization, analyst support for the period of six months post to the purchase will be the flag bearers and differentiates us from the rest. Our experience and in-depth understanding of various business environments will be a support to you and your organization in making well-informed decisions
Nowadays, animals are being intensively taken care of and maintained underneath best conditions for growth and production at intervals with respect to current technological limits. The bulk of animals are kept in a building or yard for a large duration. As they're prevented from search for their own food, the farmer/ owner of these animals needs to beware of all aspects of their farming. Therefore, observance and management involving feeding, setting, copy, health, growth, marketing, transport, and quality, which now becomes the responsibility of the farmer. This is where the Livestock Monitory systems come into play.
View sample and decide: https://www.marketdataforecast.com/market-reports/asia-pacific-livestock-monitoring-system-market-3915/request-sample
The Asia Pacific Livestock Monitoring System Market is estimated to have a value of USD 104.73 million in 2016. With a CAGR of 19%, the market size is expected to grow rapidly to cross USD 249.91 million by 2021. Growing size of dairy farms, technological advancements alongside new product launches, and substantial price savings due to the implementation of these observance management systems are some of the factors driving the market.
To know more read: https://www.marketdataforecast.com/market-reports/asia-pacific-livestock-monitoring-system-market-3915/
Drivers and Restraints
Progressive developments in sensing element technology are creating increasing amounts of knowledge relevant to observance animals and their setting, and hence their production, growth, and health. Continuously rising demand for the big oxen and poultry is another crucial factor contributing to the market growth prospects. Poultry, oxen and different animals need ideal living conditions to remain healthy and maximize their yield. Instrumentality failures adore ventilation systems, circulation fans, heaters and air conditioners will threaten their health and might cause issues if not handled diligently.
As per the U.S. Department of Labor (USDA), employment of dairy staff is calculable to decrease by 6% from 2014 to 2024. Likewise, as per a report of the social unit on agriculture & farming, Government of India 2014, only 34,500 veterinarians are utilized for field services against the necessity of 67,000.
Get your customized report: https://www.marketdataforecast.com/market-reports/asia-pacific-livestock-monitoring-system-market-3915/customize-report
Regional Overview
The market in APAC is anticipated to grow at the best CAGR in the forecast period. The primary driving forces for this growth are increasing technological adoption and growing range of oxen and poultry, providing immense opportunities in APAC countries, particularly in India, China, and Japan. The Livestock Monitoring System Market in APAC is ready to grow attributable to technological advancements and increased awareness among farmers concerning latest placental observance technologies.
The major market contributors for the Livestock Monitoring System Market are Afimilk Ltd. (Israel), BouMatic LLC (U.S.), SCR Dairy, Inc. (Israel) DeLaval (Sweden), GEA Group AG (Germany), and livestock monitoring software and service providers such as DairyMaster (Ireland), SUM-IT Computer Systems, Ltd. (U.K.), and Valley Agriculture Software (U.S.).
About MarketDataForecast™
Market Data Forecast is a market research firm offering syndicated research, consults and industry newsletters across various domains & verticals. With a well-established in-house team of experts from diverse fields and outsource research network across 100+ countries, we are the sole research providers for the majority of Fortune 500 companies. Along with the standards of reports being on par excellence, our unique services like free customization, analyst support for the period of six months post to the purchase will be the flag bearers and differentiates us from the rest. Our experience and in-depth understanding of various business environments will be a support to you and your organization in making well-informed decisions
Contact Information:
Market Data Forecast.
Abhishek Shukla
Tel: +1-888-702-9626
Email us
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Market Data Forecast.
Abhishek Shukla
Tel: +1-888-702-9626
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results