Automated Feeding System Market Forecast and CAGR
According to the latest research done by Fact.MR, the automated feeding system market has high potential and is rising at a significant rate. It is being accepted worldwide slowly and showing a promising sign of high growth in the forecasted period of 2021-2031. According to the research done by our analysts and taking care of all the elements of its market, the automated feeding system market is expected to experience a healthy CAGR of 7%-8%.
What are the Driving Forces for Automated Feeding System?
The automated feeding system has great functionality that serves the purpose of a cattle farm very well. It has a number of benefits that are fueling the sales of automated feeding systems. This machine is mainly used in farms to feed domestic animals. Half of the daily cost on these farms goes into feeding and the right amount of diet in time is very important for the health of animals. An automated feeding system does exactly that in a very efficient manner.
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US and Canada Market outlook on Automated Feeding System
The Automated feeding system market is a rising one in North America. The market is in the growth stage and sales are increasing significantly. The automated feeding system was introduced at a later stage compared to Europe in this part of the globe. After the introduction, the growth of this machine has been higher than the rest of the world and with this speed, it is expected to take the major share of the market globally.
North America has vast farmlands, cattle farms, dairy farms and it is increasing in big numbers. Also with the advancement in technology, innovation in modern types of equipment, feeding methodologies, and demand of farm owners or farmers for equipping themselves with modern practices has helped in growing the demand and sales of automated feeding systems in the US and Canada.
Europe Demand Outlook for Automated Feeding System
Europe is the leader in this segment for the use of automated feeding system machines. Most of the key manufacturers and suppliers are based in Europe. Europe is dominant in this market globally and is called the biggest manufacturing hub in cattle farming machinery. They are the biggest users of this product too, and the market is growing at the highest rate in the present scenario but is expected to lag behind North America in the near future during the forecasted period.
With the increase in livestock farming in most part of Europe and increasing adoption of software in the automated feeding system, the use of this machine with advanced features are becoming the new favorite for the European cattle farmers.
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Who are the Key Manufacturers and Suppliers of Automated Feeding System Machines?
The manufacturers and suppliers are distributed throughout the globe but Europe being the biggest user of it, hence the major key players of this market are from Europe. Some of the key manufacturers and suppliers are
- DeLaval
- Fullwood Packo
- Boumatic LLC
- Lely Holding
- GEA
- Sum-it Computer
- Pellon Group Oy
- Davisway
- Dairymaster
- AfiMilk
- VDL Agrotech
- Trioliet
- Rovibec Agrisolutions
- few others.
Key Segments
By Feeding Line
- Mixer
- Conveyer
- Controllers
- Others
By Component
- Software
- Hardware
By Livestock
- Ruminants
- Swine
- Poultry
By Technology
- Robotics
- RFID
- Remote Sensing
By Region
- North America
- US and Canada
- Rest of North America
- Latin America
- Brazil
- Mexico
- Argentina
- Europe
- Norway
- Germany
- UK
- Sweden
- Spain
- Rest
- Asia-Pacific
- China
- India
- Japan
- Middle East & Africa
- South Africa
- Israel
- GCC
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Transgenic Seeds Market Report Highlights:
- Detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint
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