By submitting this form, you are agreeing to the Terms of Use and Privacy Policy.
Livestock management, also known as livestock monitoring or precision livestock farming, tracks and monitors the health of livestock, most commonly cattle, using IoT-enabled devices. Tracked robots, unlike tanks, move on terrain using tracks rather than wheels.
This locomotion method alleviates the difficulties that wheeled robots face when traversing rough terrain with obstacles. Tracked robots have an advantage over wheeled counterparts in soft or slick terrain.
The Global Livestock tracking robot market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.
Modern farms rely on technology to ensure efficient and profitable animal production efficiency and profitability. Individualised dietary demands for each animal are made possible by the use of livestock feeding robots. These feeding robots give farmers the freedom to feed their livestock multiple times per day, allowing them to achieve a higher feed conversion ratio while lowering labour costs.
In cattle, a higher feed conversion ratio indicates better health, increased milk production capacity, and higher fertility. Demand for livestock feeding robots is expected to rise due to factors such as rising automation technology adoption, rising food and feed demand, increasing popularity of livestock farming, and weather unpredictability.
The growing urban and suburban populations are driving the economy forward. As a result of this condition, the demand for food production increases. The growing demand for feed to improve livestock nutritional value and productivity is expected to drive market growth.
North America is expected to hold a significant share of the market during the forecast period. The majority of North America’s market share can be attributed to the region’s growing demand for dairy products, hands-free cattle handling equipment, and increased knowledge of the latest technologies for managing farm animal feeding procedures.
Due to the region’s growing labour shortage and high labour costs, robotics and automation have been implemented to boost production while maintaining quality standards. The players in this region are heavily investing in R&D operations in order to develop affordable and highly productive robots. These factors have influenced the North American market for livestock feeding robots.
