Data Bridge Market Research analyses that smart collar tag for cow market will project a compound annual growth rate (CAGR) of 10.90% during the forecast period of 2022-2029. One of the primary aspects driving market expansion is the cost savings realised after mounting the collars on a cow. This means that Smart Collar Tag for Cow market value, which was USD 0.234 billion in 2020 will climb up to USD 1.61 billion by the year 2029.
The smart collar tags are linked to servers and send data to dairy farmers via their smartphones, tablets, and computers.
Smart collar tags are becoming more popular among dairy farmers and ranchers due to easy access to the cow's whereabouts and real-time monitoring. The importance of the agricultural and animal industries has grown even more as a result of the COVID-19 epidemic. Dairy products are becoming more popular as a result of their nutritious value. Dairy farmers are looking for new technology to increase milk production volume in order to fulfil the rising demand for dairy products.
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Some of the major players operating in smart collar tag for cow market report are Afimilk Ltd, Connecterra B.V., Cowlar Inc, CowManager B.V, HerdInsights, Lely, Moocall, Quantified AG, SCR Dairy, GEA Farm Technologies, DeLaval, BouMatic, LLC, Merck Animal Health, Dairymaster Ltd., Lely International NV, Fancom BV, Fullwood Packo Ltd., and Nedap NV among others.
Scope of the Smart Collar Tag For Cow Market Report:
The smart collar tag for cow market is segmented on the basis of product type and application type. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- Based on the product type, the smart collar tag for cow market is segmented into GPS based, radio based, and others.
- Based on the application type, the smart collar tag for cow market is segmented into tracking, training, and others.
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Smart Collar Tag For Cow Market Regional Analysis/Insights
The Smart Collar Tag For Cow market is analyzed and market size insights and trends are provided by country, material type, end user and application as referenced above.
The countries covered in the Smart Collar Tag For Cow market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the market in terms of market share and market revenue and will continue to flourish its dominance during the forecast period of 2022-2029. The market growth over this region is attributed to the high demand for fiber cement Smart Collar Tag For Cow within the region. Asia-Pacific on the other hand, is estimated to show lucrative growth over the forecast period of 2022-2029, due to the prominent presence of fiber cement Smart Collar Tag For Cow market players within the region. Moreover, the high requirement for the residential and commercial building construction also boosts the regional demand.
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