The article cited AMA's Global Precision Livestock Farming Market Study explored substantial growth with CAGR of 10.1%. According to the study, Technology Advancement in Precision livestock farming is one of the primary growth factors for the market. Growing Preference for Protein-Based Diet Globally
is also expected to contribute significantly to the Precision Livestock Farming market. Overall, Swine
applications of Precision Livestock Farming, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The presence of players such as DeLaval (Sweden), GEA Farm Technology (Germany), Lely (Netherlands), Antelliq (France), Dairy Master (Ireland), Afimilk (Israel), BouMatic (United States), Fancom B.V. (Netherlands), Fullwood Paco Ltd. (United Kingdom) and Waikato Milking System (New Zealand) pushing strong cash flow in Market which is also a key in driving revenue growth.
AMAs Analyst on the Global Precision Livestock Farming market identified that the demand is rising in many different parts of the world as "Growing Number of Dairy Farms across the world
". Furthermore, some recent industry insights like "In June 2018, the DeLaval Company has launched VMS milking system V300. Hence, this launched will increase the product portfolio of the company." is constantly making the industry dynamic. One of the challenges that industry facing is "Continuous Monitoring of Animal Health within the Big Groups of Animals and Increasing Usage of Precision Livestock Farming is Foremost to Health Issues in Livestock"
The report provides an in-depth analysis and forecast about the industry covering the following key features:
Detailed Overview of Precision Livestock Farming market will help deliver clients and businesses making strategies. Influencing factors that thriving demand and latest trend running in the market What is the market concentration? Is it fragmented or highly concentrated? What trends, challenges and barriers will impact the development and sizing of Precision Livestock Farming market SWOT Analysis of profiled players and Porter's five forces & PEST Analysis for deep insights. What growth momentum or downgrade market may carry during the forecast period? Which region may tap highest market share in coming era? What focused approach and constraints are holding the Precision Livestock Farming market tight? Which application/end-user category or Product Type [Precision Feeding Systems, Precision Milking Robots {Single-Stall Unit, Multi stall Unit} and Stable and FMS] may seek incremental growth prospects? What would be the market share of key countries like Germany, USA, France, China etc.?
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Precision Livestock Farming market and other related sub-markets covered in the study.
o Key & emerging players in the Precision Livestock Farming market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Precision Livestock Farming market size is calculated using market estimation process, the Precision Livestock Farming market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Precision Livestock Farming market size has been validated using both top-down and bottom-up approaches.