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Precision Livestock Farming Market Key Insights
Precision Livestock Farming Market Analysis by Regions
Precision Livestock Farming Market Analysis by Segments
Precision Livestock Farming Market Size (current and future)
Precision Livestock Farming Market Competitive Benchmarking
3 years ago
Global Precision Livestock Farming Market Size study, By Offering (Hardware, Software, Services), By System Type (Milking Robotics Systems, Precision Feeding Systems, Livestock Identification, Monitoring and Tracking Systems, Poultry Monitoring and Robotic Systems), By Application (Milk Harvesting, Feeding Management, Livestock Health and Behavior Monitoring, Others), By Farm Type (Dairy Farms, Swine Farms, Poultry Farms, Others), and Regional Forecasts 2022-2028
"Global Precision Livestock Farming Market is valued approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028.
Precision livestock farming is a collection of electronic tools that are used for managing livestock. This technology facilitates tracking farm animals and perceives lameness and enables...
Precision Livestock Farming Market
Precision livestock farming is a way to improve animals’ health by arranging electronic devices that help in monitoring their heartbeat, blood pressure, pulse, etc. Precision livestock farming has become highly common in today’s world.
The main drivers of this market are the increase in labor costs, making people turn to electronic devices to monitor animals’ health. Also, the deployment of technology in numerous processes has led to the growth of this market. The market trend identified by experts is the increase in demand for dairy and animal products, positively impacting this market.
A major restraint of this market includes COVID-19, as it has affected customer willingness to adopt technology for livestock farming, negatively affecting the overall market.
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