According to the latest IMARC Group report, entitled âLivestock Farming Equipment Market: Global Industry Trends, Share, Size, Growth, Opportunities, and Forecast 2021-2026‘, The global livestock equipment market is expected to show moderate growth during the period 2021-2026. Livestock farm equipment refers to the tools and machines used to manage livestock on dairy and poultry farms. They include milking, grooming, egg handling and feeding equipment. For example, grooming equipment is powered by an electric motor and includes toe cutters, while egg handling machines used on poultry farms include roller and table controls and are used to collect, transport. and sort the eggs. Milking equipment includes pumps and is used to automatically milk goats, buffaloes and cows. These breeding equipments help to increase animal yield, generate high quality products and maintain animal hygiene.
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The global livestock equipment market is primarily driven by the widespread adoption of products in dairy farms for increased operational efficiency and better livestock management. Additionally, various technological advancements such as the integration of Internet of Things (IoT), Artificial Intelligence (AI), and Machine Learning (ML) solutions with the equipment are driving the market growth. These technologies help farmers monitor grazing patterns, optimize animal husbandry practices and track animals through smartphone apps. Other factors including the increasing requirement for automation of various animal husbandry processes and increasing consumer demand for milk and other dairy products are expected to drive the market towards the growth. Looking ahead, IMARC Group expects the global livestock equipment market to grow at a CAGR of around 4% over the next five years.
As the novel coronavirus (COVID-19) crisis takes over the world, we are constantly monitoring changes in the markets, as well as the industrial behaviors of consumers around the world and our estimates on the latest market trends and forecasts are made afterwards. examining the impact of this pandemic.
Competitive landscape with key players:
- Agricultural cooperative Afimilk Ltd.
- Bob-White Systems Inc.
- 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.
Breakdown by product type:
- Milking equipment
- Cleaning equipment
- Egg handling equipment
- Feeding equipment
- Housing equipment
- Livestock handling
- Mists, coolers and radiators
Breakdown by end user:
- Poultry farm
- Dairy farm
- Pig farm
Breakdown 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, others)
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Highlights of the report:
- Market performance (2015-2020)
- Market Outlook (2021-2026)
- Market trends
- Market drivers and success factors
- The impact of COVID-19 on the global market
- Value chain analysis
- Global market structure
- Complete 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 part of the customization.
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