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RFID Tag for Livestock Management Market Trends and Forecast

The future of the global RFID tag for livestock management market looks promising with opportunities in the sheep, cow, and poultry applications. The global RFID tag for livestock management market is expected to reach an estimated $2.16 billion by 2028 with a CAGR of 6.7% from 2023 to 2028. The major drivers for this market are rising trend for automation in livestock management, increasing governmental support for farmers to use smart farming techniques for enhanced agricultural production, and growing concern towards animal health as well as welfare.
RFID Tag for Livestock Management Market by Product Type, Distribution Channel, and Application
 
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown here.
RFID Tag for Livestock Management Market by Segments

RFID Tag for Livestock Management Market by Segment

The study includes trends and forecast for the global RFID tag for livestock management market by product type, distribution channel, application, and region, as follows:

RFID Tag for Livestock Management Market by Product Type [Shipment Analysis by Value from 2017 to 2028]:

  • Active
  • Passive

RFID Tag for Livestock Management Market by Distribution Channel [Shipment Analysis by Value from 2017 to 2028]:

  • Manufacturer
  • Distributor
  • Service Provider
  • Aftermarket

RFID Tag for Livestock Management Market by Application [Shipment Analysis by Value from 2017 to 2028]:

  • Sheep
  • Cows
  • Poultry
  • Others

RFID Tag for Livestock Management Market by Region [Shipment Analysis by Value from 2017 to 2028]:

  • North America
  • Europe
  • Asia Pacific
  • The Rest of the World

List of RFID Tag for Livestock Management Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies, RFID tag for livestock management companies cater to increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the RFID tag for livestock management companies profiled in this report include: 
  • Alien Technology
  • Confidex
  • Smartrac
  • Atmel
  • HID Global
  • Impinj
  • Invengo Information Technology

RFID Tag for Livestock Management Market Insights

  • Lucintel forecasts that passive is expected to witness higher growth over the forecast period as these tags are affordable, compact, and durable and helps in tracking and identifying animals, smart agricultural techniques, and collecting livestock data in real-time.
  • Cow is expected to remain the largest segment due to significantly growing demand for beef products and increasing use of this RFID technology for tracking, disease diagnosis and treatment, breeding management, and feeding schedules.
  • North America will remain the largest region due to the extensive consumption of meat and dairy products, supportive investments towards livestock farming, and presence of key players in the region.

Features of the RFID Tag for Livestock Management Market

  • Market Size Estimates: RFID tag for livestock management market size estimation in terms of value ($B)
  • Trend And Forecast Analysis: Market trends (2017-2022) and forecast (2023-2028) by various segments and regions.
  • Segmentation Analysis: RFID tag for livestock management market size by various segments, such as by product type, distribution channel, application, and region
  • Regional Analysis: RFID tag for livestock management market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
  • Growth Opportunities: Analysis on growth opportunities in different by product type, distribution channel, application, and regions for the RFID tag for livestock management market.
  • Strategic Analysis: This includes M&A, new product development, and competitive landscape for the RFID tag for livestock management market.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q1. What is the RFID tag for livestock management market size?
Answer: The global RFID tag for livestock management market is expected to reach an estimated $2.16 billion by 2028.
Q2. What is the growth forecast for RFID tag for livestock management market?
Answer: The global RFID tag for livestock management market is expected to grow with a CAGR of 6.7% from 2023 to 2028.
Q3. What are the major drivers influencing the growth of the RFID tag for livestock management market?
Answer: The major drivers for this market are rising trend for automation in livestock management, increasing governmental support for farmers to use smart farming techniques for enhanced agricultural production, and growing concern towards animal health as well as welfare.
Q4. What are the major segments for RFID tag for livestock management market?
Answer: The future of the RFID tag for livestock management market looks promising with opportunities in the sheep, cow, and poultry applications.
Q5. Who are the key RFID tag companies for livestock management?
Answer: Some of the key RFID tag companies for livestock management are as follows:
  • Alien Technology
  • Confidex
  • Smartrac
  • Atmel
  • HID Global
  • Impinj
  • Invengo Information Technology
Q6. Which RFID tag for livestock management segment will be the largest in future?
Answer: Lucintel forecasts that passive is expected to witness higher growth over the forecast period as these tags are affordable, compact, and durable and helps in tracking and identifying animals, smart agricultural techniques, and collecting livestock data in real-time.
Q7. In RFID tag for livestock management market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region due to the extensive consumption of meat and dairy products, supportive investments towards livestock farming, and presence of key players in the region.
Q8. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.

This report answers following 11 key questions

Q.1. What are some of the most promising, high-growth opportunities for the RFID tag for livestock management market by product type (active and passive), distribution channel (manufacturer, distributor, service provider, and aftermarket), application (sheep, cows, poultry, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4: What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5: What are the business risks and competitive threats in this market?
Q.6: What are the emerging trends in this market and the reasons behind them?
Q.7: What are some of the changing demands of customers in the market?
Q.8: What are the new developments in the market? Which companies are leading these developments?
Q.9: Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10: What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11: What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

For any questions related to RFID tag for livestock management market or related to RFID tag for livestock management companies, RFID tag for livestock management market size, RFID tag for livestock management market share, RFID tag for livestock management market growth, RFID tag for livestock management market research, write Lucintel analyst at email:
helpdesk@lucintel.com we will be glad to get back to you soon.
Table of Contents
 
1. Executive Summary
 
2. Global RFID Tag for Livestock Management Market: Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
 
3. Market Trends and Forecast Analysis from 2017 to 2028
3.1: Macroeconomic Trends (2017-2022) and Forecast (2023-2028)
3.2: Global RFID Tag for Livestock Management Market Trends (2017-2022) and Forecast (2023-2028)
3.3: Global RFID Tag for Livestock Management Market by Product Type
3.3.1: Active
3.3.2: Passive 
3.4: Global RFID Tag for Livestock Management Market by Distribution Channel
3.4.1: Manufacturer
3.4.2: Distributor
3.4.3: Service Provider
3.4.4: Aftermarket  
3.5: Global RFID Tag for Livestock Management Market by Application
3.5.1: Sheep
3.5.2: Cows
3.5.3: Poultry
3.5.4: Others 
 
4. Market Trends and Forecast Analysis by Region from 2017 to 2028
4.1: Global RFID Tag for Livestock Management Market by Region
4.2: North American RFID Tag for Livestock Management Market
4.2.1: North American RFID Tag for Livestock Management Market by Product Type: Active and Passive
4.2.2: North American RFID Tag for Livestock Management Market by Application: Sheep, Cows, Poultry, and Others
4.3: European RFID Tag for Livestock Management Market
4.3.1: European RFID Tag for Livestock Management Market by Product Type: Active and Passive
4.3.2: European RFID Tag for Livestock Management Market by Application: Sheep, Cows, Poultry, and Others
4.4: APAC RFID Tag for Livestock Management Market 
4.4.1: APAC RFID Tag for Livestock Management Market by Product Type: Active and Passive
4.4.2: APAC RFID Tag for Livestock Management Market by Application: Sheep, Cows, Poultry, and Others
4.5: ROW RFID Tag for Livestock Management Market 
4.5.1: ROW RFID Tag for Livestock Management Market by Product Type: Active and Passive
4.5.2: ROW RFID Tag for Livestock Management Market by Application: Sheep, Cows, Poultry, and Others
 
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
 
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global RFID Tag for Livestock Management Market by Product Type
6.1.2: Growth Opportunities for the Global RFID Tag for Livestock Management Market by Distribution Channel
6.1.3: Growth Opportunities for the Global RFID Tag for Livestock Management Market by Application
6.1.4: Growth Opportunities for the Global RFID Tag for Livestock Management Market by Region
6.2: Emerging Trends in the Global RFID Tag for Livestock Management Market 
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global RFID Tag for Livestock Management Market 
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global RFID Tag for Livestock Management Market 
6.3.4: Certification and Licensing
 
7. Company Profiles of Leading Players
7.1: Alien Technology
7.2: Confidex
7.3: Smartrac
7.4: Atmel
7.5: HID Global
7.6: Impinj
7.7: Invengo Information Technology
 
.

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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
  • In-depth interviews of the major players in this market
  • Detailed secondary research from competitors’ financial statements and published data 
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
 
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process. 
 

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