GLOBAL LIVESTOCK TRACKING ROBOT MARKET

INTRODUCTION

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. 

GLOBAL LIVESTOCK TRACKING ROBOT MARKET SIZE AND FORECAST

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.

MARKET DYNAMICS

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.

COMPANY PROFILE

• Connecterra·
• Rex Animal Health 
• Cainthus ·
• Vence 
• SmartShepherd · 

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

1. How many Livestock tracking robots are manufactured per annum globally? Who are the sub-component suppliers in different regions?
2. Cost breakup of a Global Livestock tracking robot and key vendor selection criteria
3. Where is the Livestock tracking robot manufactured? What is the average margin per unit?
4. Market share of Global Livestock tracking robot market manufacturers and their upcoming products
5. Cost advantage for OEMs who manufacture Global Livestock tracking robot in-house
6. key predictions for next 5 years in Global Livestock tracking robot market
7. Average B-2-B Livestock tracking robot market price in all segments
8. Latest trends in Livestock tracking robot market, by every market segment
9. The market size (both volume and value) of the Livestock tracking robot market in 2023-2030 and every year in between?
10. Production breakup of Livestock tracking robot market, by suppliers and their OEM relationship