Automated Feeding Systems Market Global Industry Outlook, Opportunity Analysis and Forecast 2018-2023
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The automated feeding systems market is estimated to account for nearly US$ 5.1 Billion in 2018 and is projected to grow at a CAGR of 7.6%, to reach nearly US$ 7.4 Billion by 2023. The market is driven by the increasing preference of farm owners to automate processes for reducing operating costs and losses associated with manual feeding techniques.
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The automated feeding systems market in the Asia Pacific is projected to witness the fastest growth during the forecast period. The increasing modernization of animal production techniques in the Asia Pacific region is also providing opportunities for the automated feeding industry, which has further impacted the rise in the need for commercial feed among farmers in the region.
The Study Objectives of this report are:
- To provide detailed information about the key factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges)
- To analyze competitive developments such as expansions & investments, new product launches, mergers & acquisitions, joint ventures, and agreements
- To analyze the micromarkets; with respect to individual growth trends, future prospects, and their contribution to the total market
- To project the size of the market and its submarkets, in terms of value, with respect to the four regions (along with their respective key countries)
- To understand the structure of the automated feeding systems market by identifying its various subsegments
Top Key Players in the “Automated Feeding Systems Market” include are
- GEA (Germany)
- DeLaval (Sweden)
- Trioliet (Netherlands)
- Fullwood Packo (UK)
- AfiMilk (Israel)
- Lely Holding (Netherlands)
- VDL Agrotech (Netherlands)
- Sum-it Computer (UK)
- Boumatic LLC (US)
- Pellon Group Oy (Finland)
- Davisway (Australia)
- Dairymaster (US)
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Research Coverage:
The report segments the automated feeding systems market on the basis of system, livestock, offerings, type, function, technology, and region. To offer valuable insights, this report has focused on various levels of analysis—competitive landscape, end-use analysis, and company profiles—which together comprise and discuss views on the emerging & high-growth segments of the automated feeding systems market, the high-growth regions, countries, government initiatives, drivers, restraints, opportunities, and challenges.
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Reasons to buy this report:
- To get a comprehensive overview of the automated feeding systems market
- To gain insights about the major countries/regions in which the automated feeding systems market is flourishing
- To gain wide information about the top players in this industry, their product portfolios, and the key strategies adopted by them
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