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Asia Pacific Smart Collar Tags for Cow Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Product Type (GPS Based, Radio Based, and Others); Application (Tracking, Training, and Others)

Report Code :  TIPRE00022084
No. of Pages :  74
Published Month :  May 2021
Category :  Electronics and Semiconductor
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Market Introduction

Smart collar tags for cow are the introduction of the Internet of things (IoT) technology in the livestock industry that brought new solutions for dairy farmers to manage the livestock more effectively. New smart technologies, such as real-time animal activity monitoring, automated feeding systems, and health tracking devices, have boosted the revenue margin for dairy farmers. The cost-saving benefits experienced after mounting the collars on a cow is one of the key factors for the smart collar tag for cow market growth. Dairy farmers and ranchers are adopting smart collars to locate and monitor the cow's activities.

 

Market Overview and Dynamics

The Asia Pacific smart collar tags for cow market is expected to reach US$ 124.3 million in 2027 from US$ 54.2 million in 2019. The market is estimated to grow with a CAGR of 12.0% from 2020-2027. The growth of this market is estimated to grow owing to key driving factors such as the rising need for cattle tracking solutions and an increasing demand in dairy farming applications. However, the market is expected experiencing slow growth during the forecast period owing to the availability of substitute technologies.

 

Key Market Segments

Based on product type, the smart collar tags for cow market is segmented into GPS based, radio based, and others. Based on application, the smart collar tags for cow market, is segmented into tracking, training, and others.

 

Major Sources and Companies Listed

Some of the major primary and secondary sources for smart collar tags for cow market included in the report are the Food and Agriculture Organization (FAO), the Sierra Wireless company, and others.

 

Reasons to buy the report

  • To understand the Asia Pacific smart collar tags for cow market landscape and identify market segments that are most likely to guarantee a strong return
  • Stay ahead of the race by comprehending the ever-changing competitive landscape for smart collar tags for cow market
  • Efficiently plan M&A and partnership deals in Asia Pacific smart collar tags for cow market by identifying market segments with the most promising probable sales
  • Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form smart collar tags for cow market
  • Obtain market revenue forecast for market by various segments from 2019 to 2027 in Asia Pacific region

 

 

ASIA PACIFIC SMART COLLAR TAGS FOR COW MARKET SEGMENTATION

 

By Product Type

  • GPS Based
  • Radio Based
  • Others

 

By Application

  • Tracking
  • Training
  • Others

 

By Country

  • Asia Pacific
  • Australia
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia Pacific

 

Company Profiles

  • Afimilk Ltd
  • BouMatic
  • CowManager B.V
  • Lely
  • SCR Dairy
 
  1. Afimilk Ltd
  2. BouMatic
  3. CowManager B.V
  4. Lely
  5. SCR Dairy
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Asia Pacific smart collar tags for cow market.
  • Highlights key business priorities in order to assist companies to realign their business strategies.
  • The key findings and recommendations highlight crucial progressive industry trends in the Asia Pacific smart collar tags for cow market, thereby allowing players across the value chain to develop effective long-term strategies.
  • Develop/modify business expansion plans by using substantial growth, offering developed and emerging markets.
  • Scrutinize in-depth market trends and outlook coupled with the factors driving the market, as well as those hindering it.
  • Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing, and distribution.