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Asia Pacific Smart Collar Tags for Cow Market Forecast to 2027 - COVID-19 Impact and Regional Analysis by Product Type; Application

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    Report

  • May 2021
  • Region: Asia Pacific
  • The Insight Partners
  • ID: 5331744
UP TO OFF until Dec 31st 2024
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 to 2027.

The growth of this market is attributed to the factors such as the rising need for cattle tracking solutions and an increasing demand in dairy farming applications. However, the market is expected to experience slow growth during the forecast period owing to the availability of substitute technologies.

The world’s population is growing at a faster rate. According to the Food and Agriculture Organization, the global population is expected to reach around 9.8 billion by 2050. To fulfil the needs of population, farmers need to produce 70% more food than current production. Similarly, the demand for dairy products would also soar creating a strong growth opportunity for dairy farmers. To enhance dairy farming operations, farmers are adopting new methods - such as precision livestock farming tools. Precision livestock farming system is a real-time monitoring management tool for farmers. The system provides timely information on the cow's activity and behavior at an individual level to the farmers. This information helps farmers to act immediately if something goes wrong during the production. The precision farming system is incorporated with the smart collar tags for cows. These collars are connected to robotic milking machines and they transmit the signal to start milking operations whenever the cow reaches the machine gates. Thus, increasing production of dairy products is creating the need for precision dairy farming tools, thereby propelling the growth of the smart collar tags for the cow market.

The technology helps to improve milk production with an enhanced detection level of cow estrous. Thus, countries such as India and China have a strong market potential for smart collar tags. For instance, in 2016, China's per capita consumption of dairy products was equivalent to 36.1 liters, which is around one-third of the world average. This indicates huge growth opportunity for dairy farm production. Thus, increasing production of dairy products is creating the need for precision dairy farming tools, thereby propelling the growth of the smart collar tags for cow market.

Due to the outbreak of COVID-19, the governments of various countries in APAC took necessary steps to reduce the spread of virus by announcing lockdowns, thus impacting the growth of the smart collar tags for cow market. The introduction of lockdowns has resulted in the halt of livestock farm projects in the region, which negatively impacted the growth of smart collar tags for cow in the region. However, after a prolonged lockdown, various countries have started easing the restrictions. For instance, India's government started the unlock phase, in which it allowed the farming activities to resume. However, Australia is still under lockdown.

Several livestock farms in China were highly impacted in Q1 2020. The production and demand for smart collar tags for cows in the country dropped during Q1 2020, followed by recovery in Q2 2020. The country is one of the biggest markets for smart collar tags for cows in the world. Also, Japan is one of the significant markets for smart collar tags for cows.

Based on product type, the Asia Pacific smart collar tags for cow market is segmented into GPS based, radio based, and others. The radio-based segment held the largest market share in 2019, and it is anticipated to register the highest CAGR in the market during the forecast period.

Based on application, the Asia Pacific smart collar tags for cow market is segmented into tracking, training, and others. The tracking segment held the largest market share in 2019, whereas the training segment is anticipated to register the highest CAGR in the market during the forecast period.

A few of the primary and secondary sources referred to while preparing the report on the Asia Pacific smart collar tags for cow market are the Food and Agriculture Organization (FAO), the Sierra Wireless company, among others.

Reasons to Buy
  • 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.

Table of Contents

1. Introduction
1.1 Scope of the Study
1.2 Research Report Guidance
1.3 Market Segmentation
1.3.1 Smart Collar Tags for Cow Market - By Product Type
1.3.2 Smart Collar Tags for Cow Market - By Application
1.3.3 Asia Pacific Smart Collar Tags for Cow Market - By Country
2. Asia Pacific Smart Collar Tags for Cow Market - Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Asia Pacific Smart Collar Tags for Cow Market - Market Landscape
4.1 Overview
4.2 PEST Analysis
4.2.1 Smart Collar Tags for Cow Market- Asia Pacific PEST Analysis
4.3 Ecosystem Analysis
5. Asia Pacific Smart Collar Tags for Cow Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Rising Need for Cattle Tracking Solutions
5.1.2 Increasing Demand in Dairy Farming Applications
5.2 Market Restraints
5.2.1 Availability of Substitute Technologies
5.3 Market Opportunities
5.3.1 Growing Focus on Cattle Health Monitoring Solutions
5.4 Future Trends
5.4.1 Advent of Virtual Fence Technology and New Sensors in Smart Collar Tags
5.5 Impact Analysis
6. Smart Collar Tags for Cow Market - Asia Pacific Analysis
6.1 Asia Pacific Smart Collar Tags for Cow Market Revenue Forecasts and Analysis
7. Asia Pacific Smart Collar Tags for Cow Market Analysis and Forecasts To 2027 - By Product Type
7.1 Overview
7.2 Smart Collar Tags for Cow Market Breakdown, by Product Type (2019 and 2027)
7.3 GPS Based
7.3.1 Overview
7.3.2 GPS-Based Market Forecast and Analysis
7.4 Radio Based
7.4.1 Overview
7.4.2 Radio-Based Market Forecast and Analysis
7.5 Others
7.5.1 Overview
7.5.2 Others Market Forecast and Analysis
8. Asia Pacific Smart Collar Tags for Cow Market Analysis and Forecasts to 2027- By Application
8.1 Overview
8.2 Smart Collar Tags for Cow Market Breakdown, by Application (2019 & 2027)
8.3 Tracking
8.3.1 Overview
8.3.2 Tracking Businesses Market Forecast and Analysis
8.4 Training
8.4.1 Overview
8.4.2 Training Market Forecast and Analysis
8.5 Others
8.5.1 Overview
8.5.2 Others Market Forecast and Analysis
9. Smart Collar Tags for Cow Market Revenue and Forecasts to 2027 - Geographical Analysis
9.1 Asia Pacific: Smart Collar Tags for Cow Market
9.1.1 Overview
9.1.2 APAC: Smart Collar Tags for Cow Market, By Country
9.1.2.1 Australia: Smart Collar Tags for Cow Market - Revenue and Forecast to 2027 (US$ Million)
9.1.2.1.1 Australia: Smart Collar Tags for Cow Market, By Product Type
9.1.2.1.2 Australia: Smart Collar Tags for Cow Market, By Application
9.1.2.2 China: Smart Collar Tags for Cow Market - Revenue and Forecast to 2027 (US$ Million)
9.1.2.2.1 China: Smart Collar Tags for Cow Market, By Product Type
9.1.2.2.2 China: Smart Collar Tags for Cow Market, By Application
9.1.2.3 India: Smart Collar Tags for Cow Market - Revenue and Forecast to 2027 (US$ Million)
9.1.2.3.1 India: Smart Collar Tags for Cow Market, By Product Type
9.1.2.3.2 India: Smart Collar Tags for Cow Market, By Application
9.1.2.4 Japan: Smart Collar Tags for Cow Market - Revenue and Forecast to 2027 (US$ Million)
9.1.2.4.1 Japan: Smart Collar Tags for Cow Market, By Product Type
9.1.2.4.2 Japan: Smart Collar Tags for Cow Market, By Application
9.1.2.5 South Korea: Smart Collar Tags for Cow Market - Revenue and Forecast to 2027 (US$ Million)
9.1.2.5.1 South Korea: Smart Collar Tags for Cow Market, By Product Type
9.1.2.5.2 South Korea: Smart Collar Tags for Cow Market, By Application
9.1.2.6 Rest of APAC: Smart Collar Tags for Cow Market - Revenue and Forecast to 2027 (US$ Million)
9.1.2.6.1 Rest of APAC: Smart Collar Tags for Cow Market, By Product Type
9.1.2.6.2 Rest of APAC: Smart Collar Tags for Cow Market, By Application
10. Impact Of COVID-19 Pandemic on Asia Pacific Smart Collar Tags for Cow Market
10.1 Asia Pacific: Impact Assessment of COVID-19 Pandemic
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
12. Company Profiles
12.1 Afimilk Ltd.
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 BouMatic
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 CowManager B.V.
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Lely
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 SCR Dairy
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
13. Appendix
13.1 About the Publisher
13.2 Glossary of Terms
List of Tables
Table 1. Australia Smart Collar Tags for Cow Market, By Product Type- Revenue and Forecast to 2027 (US$ Million)
Table 2. Australia Smart Collar Tags for Cow Market, By Application - Revenue and Forecast to 2027 (US$ Million)
Table 3. China Smart Collar Tags for Cow Market, By Product Type- Revenue and Forecast to 2027 (US$ Million)
Table 4. China Smart Collar Tags for Cow Market, By Application - Revenue and Forecast to 2027 (US$ Million)
Table 5. India Smart Collar Tags for Cow Market, By Product Type- Revenue and Forecast to 2027 (US$ Million)
Table 6. India Smart Collar Tags for Cow Market, By Application - Revenue and Forecast to 2027 (US$ Million)
Table 7. Japan Smart Collar Tags for Cow Market, By Product Type- Revenue and Forecast to 2027 (US$ Million)
Table 8. Japan Smart Collar Tags for Cow Market, By Application - Revenue and Forecast to 2027 (US$ Million)
Table 9. South Korea Smart Collar Tags for Cow Market, By Product Type- Revenue and Forecast to 2027 (US$ Million)
Table 10. South Korea Smart Collar Tags for Cow Market, By Application - Revenue and Forecast to 2027 (US$ Million)
Table 11. Rest of APAC Smart Collar Tags for Cow Market, By Product Type- Revenue and Forecast to 2027 (US$ Million)
Table 12. Rest Of APAC Smart Collar Tags for Cow Market, By Application - Revenue and Forecast to 2027 (US$ Million)
Table 13. Glossary of Terms, Smart Collar Tags for Cow Market
List of Figures
Figure 1. Smart Collar Tags for Cow Market Segmentation
Figure 2. Asia Pacific Smart Collar Tags for Cow Market Overview
Figure 3. Radio Based Segment Held Largest Share of Product Type in Smart Collar Tags for Cow Market
Figure 4. Tracking Segment Held Largest Share of Application in Smart Collar Tags for Cow Market
Figure 5. India is Expected to Show Remarkable Growth During the Forecast Period
Figure 6. Smart Collar Tags for Cow Market - Asia Pacific PEST Analysis
Figure 7. Smart Collar Tags for Cow Market - Ecosystem Analysis
Figure 8. Smart Collar Tags for Cow Market Impact Analysis of Driver and Restraints
Figure 9. Asia Pacific Smart Collar Tags for Cow Market - Revenue Forecasts and Analysis - 2019- 2027
Figure 10. Smart Collar Tags for Cow Market Breakdown, by Product Type, 2019 & 2027 (%)
Figure 11. GPS Based Market Revenue and Forecast to 2027 (US$ Million)
Figure 12. Radio Based Market Revenue and Forecast to 2027 (US$ Million)
Figure 13. Others Market Revenue and Forecast to 2027 (US$ Million)
Figure 14. Smart Collar Tags for Cow Market Breakdown, by Application, 2019 & 2027 (%)
Figure 15. Tracking Market Revenue and Forecast to 2027 (US$ Million)
Figure 16. Training Market Revenue and Forecast to 2027 (US$ Million)
Figure 17. Others Market Revenue and Forecast to 2027 (US$ Million)
Figure 18. Asia Pacific: Smart Collar Tags for Cow Market, by Key Country - Revenue (2019) (USD Million)
Figure 19. APAC: Smart Collar Tags for Cow Market Revenue Share, By Country (2019 and 2027)
Figure 20. Australia: Smart Collar Tags for Cow Market - Revenue and Forecast to 2027 (US$ Million)
Figure 21. China: Smart Collar Tags for Cow Market - Revenue and Forecast to 2027 (US$ Million)
Figure 22. India: Smart Collar Tags for Cow Market - Revenue and Forecast to 2027 (US$ Million)
Figure 23. Japan: Smart Collar Tags for Cow Market - Revenue and Forecast to 2027 (US$ Million)
Figure 24. South Korea: Smart Collar Tags for Cow Market - Revenue and Forecast to 2027 (US$ Million)
Figure 25. Rest of APAC: Smart Collar Tags for Cow Market - Revenue and Forecast to 2027 (US$ Million)
Figure 26. Impact of COVID-19 Pandemic in Asia Pacific Country Markets

Companies Mentioned

  • Afimilk Ltd
  • BouMatic
  • CowManager B.V
  • Lely
  • SCR Dairy