About Neck Tag
Neck tags for cattle are made of tough, unbreakable nylon. They have engraved numbers on both sides. Neck tag an identification label developed for cattle and sheep. Attach it to the collar of the animal by means of cord. The neck tag is characterized by its simplicity in use, flexibility and high quality due to the use of polyurethane. Neck tags are devices that cloud-based software tracks data collected by gateways and provides ranchers with analysis tools for tracking their livestock across hundreds of miles. Automated disease tracking software can spot sick cattle early. Stolen livestock are noticed when sensors are removed, or when they venture outside a specific area.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
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. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Neck Tag market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Cowlar (United States), SCR Dairy (Israel), Afimilk (United States), HerdInsights (Ireland), Lely (Netherland), Connecterra (Netherlands), CowManager (Netherlands), Moocall (Ireland), Quantified AG (United States), DeLaval (Sweden) and BouMatic (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Neck Tag market by Type (GPS Based, Radio Based and Other), Application (Tracking, Training, Monitoring and Others) and Region.
On the basis of geography, the market of Neck Tag 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). If we see Market by Material, the sub-segment i.e. Metal will boost the Neck Tag market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
New upgrade in tracking technology
Market Growth Drivers:
Increase in population of cattle
Challenges:
Decline investment for animal monitoring solutions
Restraints:
High cost of tags devices
Opportunities:
Increasing use of GPS techniques in the neck tag
Key Target Audience
Neck Tag Distributors, New Entrants and Investors, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.