According to IMARC Group’s latest report, titled “Livestock Farm Equipment Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, the livestock farm equipment market is expected to exhibit a CAGR of 3.81% during 2022-2027. Looking forward, IMARC Group expects the global livestock farm equipment market to continue its robust growth during the forecast period (2022-2027).
Livestock farm equipment refers to the tools and machines used to manage livestock in dairy and poultry farms. They include milking, grooming, egg handling and feed equipment. For instance, the grooming equipment is powered by an electric motor and includes hoof trimmers, whereas the egg handling machines used in poultry farms include roller and table controls and are used to collect, transport and sort eggs. Milking equipment includes pumps and is utilized to automatically milk goats, buffaloes and cows. These livestock farm equipment aid in increasing the animal yield, generating high-quality products and maintaining the hygiene of the animals.
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What Are the Key Driving Factors and Challenges in the Industry?
The global livestock farm equipment market is primarily being driven by the widespread product adoption in dairy farms for enhanced operational efficiency and improved livestock management. Moreover, various technological advancements, such as the integration of the Internet of Things (IoT), artificial intelligence (AI) and machine learning (ML) solutions with the equipment, are providing a thrust to the market growth. These technologies assist the farmers in monitoring grazing patterns, optimizing breeding practices and tracking animals through smartphone applications. Other factors, including the increasing requirement for automating various animal husbandry processes and the rising consumer demand for milk and other dairy products, are anticipated to drive the market toward growth.
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Note: In this report you will get detailed analysis of the market, growth analysis graphs, historical period analysis, forecast period analysis, major market segmentation, top leading key players of the market, table of content, list of figures, and list of tables.
Competitive Landscape with Key Players:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
- Afimilk Agricultural Cooperative Ltd.
- Bob-White Systems Inc.
- FarmTek
- Hid Global Corporation (Assa Abloy Inc.)
- Hi-Hog Farm & Ranch Equipment Ltd.
- IAE Agriculture, Murray Farmcare Ltd.
- Omnia Technologies
- Pearson International LLC
- Real-Tuff Inc.
- Royal Livestock Farms Equipment
- Texha PA LLC.
Key Market Segmentation:
The report has categorized the market based on product type, end user and region.
Breakup by Product Type:
- Milking Equipment
- Cleaning Equipment
- Egg Handling Equipment
- Feed Equipment
- Housing Equipment
- Livestock Handling
- Foggers, Coolers and Heaters
- Others
Breakup by End User:
- Poultry Farm
- Dairy Farm
- Swine Farm
- Others
Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, South Africa, Others)
Key Highlights of The Report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Market Trends
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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