Radio Frequency Identification Tags for Livestock Management market research forecast to 2029
the
radio
frequency identification tags for livestock management market was valued at
USD 1.35 billion in 2021 and is expected to reach the value of USD 1.53 billion
by 2029, at a CAGR of 1.60% during the forecast period of 2022-2029.
Radio Frequency Identification (RFID) Tags for
Livestock Management Market Dynamics
Drivers
- Increasing
support from government to encourage farmers
The increasing government support for encouraging farmers to adopt smart
agricultural practises in order to boost agricultural output is a significant
factor driving the growth of the global RFID tags for livestock management
market. Many governments require the use of RFID tags for cattle and other
animals in order to identify and track specific animals. Furthermore, the
increasing adoption of automation in livestock management and government
regulations governing the transition to RFID tags and animal welfare are
expected to drive the global (RFID) tags for livestock management market
forward.
- Rising smart farming trends to assist the
growth of the market
There is a trend toward smart farming, which uses smart solutions such
as RFID readers, RFID tags, and RFID middleware to wirelessly collect livestock
data from the field, such as changes in location, weight, treatment codes, and
estimated birthing time. These advancements assist in the growth of the global
(RFID) tags for the livestock management market.
Opportunity
Leading RFID market players are focusing their investments on more
technologically advanced, cost-effective, and secure products and solutions for
a wide range of applications. Governments in various countries implement
various policies to improve the profitability and livelihood of farmers and
ranchers.
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Market Definition
RFID tags for livestock management enable a person to accurately measure
and track the movements of livestock animals. It can also identify livestock
animals in the forest or field and track them in real time. These tags are
essentially a technology that collects data from small GPS labels carried by
sheep, cows, and other animals. It is widely used in slaughterhouse management,
hatcheries, poultry farms, and by government agencies to track all types of
pets and stray animals. RFID tags enable farmers to improve breeding control, improve traceability, increase
conservation efforts, and collect data on every animal in the herd.
(RFID) Tags for Livestock Management Market Scope
The radio frequency identification (RFID) tags for livestock management
market are segmented on the basis of type, application and sales channel. The
growth amongst these segments will help you analyse meagre growth segments in
the industries and provide the users with a valuable market overview and market
insights to help them make strategic decisions for identifying core market
applications.
Type
- Active
- Passive
Application
- Sheep
- Cows
- Poultry
- Others
Sales channel
- Manufacturer
- Distributor
- Service Provider
- Aftermarket
Competitive Landscape and Radio Frequency Identification (RFID) Tags
for Livestock Management Market Share Analysis
The radio frequency identification (RFID) tags for livestock management
market competitive landscape provides details by competitor. Details included
are company overview, company financials, revenue generated, market potential,
investment in research and development, new market initiatives, global
presence, production sites and facilities, production capacities, company
strengths and weaknesses, product launch, product width and breadth,
application dominance. The above data points provided are only related to the
companies' focus related to the radio frequency identification (RFID) tags for
livestock management market.
- Alien Technology, LLC (US)
- GAO Group Inc. (Canada)
- Honeywell International Inc. (US)
- Imping, Inc. (US)
- Mobile Aspects, Inc. (US)
- RF Technologies, Inc. (US)
- Radiance (US)
- STID (US)
- STANLEY Healthcare (US)
- SATO HOLDINGS CORPORATION (Japan)
- Motorola Solutions, Inc. (US)
- CAEN RFID U.R.L. (Italy)
- New Age Industries, Inc. (US)
- IBM Corporation (US)
- Siemens (Germany)
- AMERICAN RFID SOLUTIONS, LLC (US)
- 3M (US)
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MAJOR TOC OF THE REPORT
Ø Chapter
One: Introduction
Ø Chapter
Two: Market Dynamics
Ø Chapter
Three: market Definition
Ø Chapter
Four: Market Scope
Ø Chapter
five: Market Share Analysis
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