HOME Research Insight DeLaval (Sweden), GEA Group AG (Germany), are Leading key players in Livestock Monitoring Market

DeLaval (Sweden), GEA Group AG (Germany), are Leading key players in Livestock Monitoring Market

The livestock monitoring market is expected to be valued at USD 952.7 Million by 2022, growing at a CAGR of 18.01% between 2016 and 2022. Major drivers of the livestock monitoring market are growing size of dairy farms, technological advancements and new product launches, and substantial cost savings associated with livestock monitoring management. Some of the other driving factors for high growth of the livestock monitoring market include massive investment by several governments for the development of livestock farms and cost optimization in managing these livestock farms. Owing to the above stated advantages, the livestock monitoring market is expected to grow significantly during the forecast period.

DeLaval is among the leading players in the livestock monitoring market. The company is a leading provider of the products aiding livestock monitoring management worldwide. The company has more than 130 years of experience. It has been in the forefront of innovating products and solutions, such as the DeLaval VMS voluntary milking system, the state-of-the-art DeLaval AMR automatic rotary milking solution, and Herd Navigator. To maintain its leadership position in the global dairy herd management market, the company focuses on new product launches and agreements as its key growth strategies. For instance, DeLaval and Tetra Pak, sister companies of Tetra Laval Group, signed a five-year agreement with the Dairy Association of China to provide training to Chinese dairy farm managers. This agreement enabled DeLaval to strengthen its dairy farming business in China.

GEA Group AG is one of the leading firms in the global livestock monitoring market, owing to its wide dairy farming product portfolio and significant geographical presence. The company’s segment “GEA Farm Technologies” offers milking equipment, milk cooling technologies, animal hygiene, automatic feeding systems, milking parlor cleaning and accessories, barn equipment, slurry technologies, and farm services. The company focuses on new product launches and developments for strengthening its position in the dairy herd management market. For instance, in January 2016, GEA launched its new Mix&Carry WIC fully automatic feeding system to support a profitable production of high-quality milk with reduction in labor and feed costs. In 2014, GEA launched the Air Mattress System for cow comfort and a Cable Drive Unit for free stall barn cleaning.

Afimilk Ltd. manufactures and supplies a range of products and systems used in cow, milk, and herd intelligence technologies. To maintain its competitive position in the market, the company focuses on commercializing its dairy herd management products by entering into partnerships and collaborations with various companies. For instance, Afimilk Ltd. partnered with ABS Global (U.S.) to market its next-generation automatic heat detection system, AfiAct II. This enabled Afimilk to strengthen its product portfolio of heat detection solutions. The company also focuses on inorganic growth strategies such as mergers and acquisitions to maintain its leadership position across the highly competitive dairy herd management market. For instance, in February 2016, Afimilk, Ltd. acquired Silent Herdsman (U.K.). This helped the company to strengthen its product portfolio.

The key players in the livestock monitoring market include DeLaval (Sweden), GEA Group AG (Germany), Afimilk Ltd. (Israel), BouMatic LLC (U.S.), SCR Dairy, Inc. (Israel), DairyMaster (Ireland), Lely Holding S. Ŕ.R.L (Netherlands), SUM-IT Computer Systems, Ltd. (U.K.), and Valley Agriculture Software (U.S.).

Related Reports:

Livestock Monitoring Market by Offering (Hardware, Software, and Service), Species (Cattle, Poultry, Swine, Equine), Application (Milk Harvesting, Feeding, Breeding, Behaviour Monitoring & Control), and Geography - Global Forecast to 2022

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