Livestock Monitoring Market Worth $2.5 Billion by 2025 - Exclusive Report by MarketsandMarkets - Seite 2

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Growing population of dairy farms and population expansion boost demand for livestock monitoring in APAC during the forecast period

The Livestock monitoring market in APAC is expected to grow at the highest CAGR during the forecast period.  The population expansion in the region's developing countries is mounting pressure on the suppliers of livestock products to become more efficient and productive, thus pushing the sales of livestock monitoring solutions upward. The rising penetration of IoT in the animal monitoring application also boosts the growth of this market.

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Key players in the livestock monitoring market are GEA Farm Technologies (Germany), DeLaval (Sweden), Afimilk Ltd. (Israel), BouMatic, LLC (US), Antelliq Corporation (France), Dairymaster Ltd. (Ireland), Lely International NV (Netherlands), Fancom BV (Netherlands), Fullwood Packo Ltd. (UK), and Nedap NV (Netherlands). These players are increasingly adopting growth strategies such as product launches and developments, partnerships, collaborations, agreements, and acquisitions to develop and introduce new technologies and products in the market.

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