Smart Cattle Market Scope
Smart cattle are cattle that have sensors attached to them that collect data and analyse whether they are sick, lost, stuck, or dead. Several sensors are included in this technology, including a GPS for position monitoring, an accelerometer for disease detection, and a temperature sensor to decide whether the cattle are alive or dead. Herds can now be linked to the cloud using smart cattle and drones as mobile base stations, which can also deliver information through pictures.The market acceptance of smart cattle is being driven by rising demand for dairy food products, limited farmland supply, and a declining dairy and beef industry. The industry has seen a high adoption of connected technologies for business advantage, as well as investments in research and development and infrastructure. To protect framers from livestock losses, market vendors are developing smart pills, wireless sensors, and new location technologies.Smart cattle have sensors that can detect whether or not a cow is dead, which is important because dead cattle can transmit disease to other animals.
The Smart Cattle market study is segmented by Type (Heat Sensors, Temperature Sensors, Motion Sensor, Base Stations and Others), by Application (Milk Harvesting Management, Breeding Management, Feeding Management, Heat Stress Management, Animal Comfort Management, Behavior Monitoring & Control and Others) and major geographies with country level break-up.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Smart Cattle market throughout the predicted period.
GEA Farm Technologies (Germany), DeLaval (Sweden), Afimilk Ltd. (Israel), BouMatic, LLC (United States), Merck Animal Health (United States), Dairymaster Ltd. (Ireland), Lely International NV (Netherlands), Fancom BV (Netherlands), Fullwood Packo Ltd. (United Kingdom), Nedap NV (Netherlands) and BT Group (United Kingdom) are some of the key players that are part of study coverage.
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
AMA Research has segmented the market of Global Smart Cattle market by Type, Application and Region.
On the basis of geography, the market of Smart Cattle has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Leaders and their expansionary development strategies
In August 2020, Merck Animal Health, a division of Merck & Co., announced the completion of its acquisition of IdentiGEN Ltd. (Ireland), a leader in DNA-based animal traceability solutions for Livestock and Aquaculture, to enhance its livestock solutions business.
Market Trend
- Growing Focus on Integration of Smartphones with Agricultural Hardware and Software Applications
Market Drivers
- Helps Farmers to Bring Efficiency in Their Agriculture Business
- Rising pressure on Supply System Owing to Rapidly Growing Population
Opportunities
- Rising Adoption of Solutions in Developing Countries
Restraints
- High Cost of Investment in New Technology
Challenges
- Complicated End User Requirements
Key Target Audience
Software Providers, Technology Providers, End-Users, Governmental Bodies and Others