Automatic feeding systems are designed to feed pets. The operation is usually carried out using advanced machines and Automatic robots to feed cattle with milk and other food. But until now, in practical conditions, AFS has been used with static settings for feeding times and frequencies without considering the animals' demands. The Automatic Feeding System Market is expected at USD 5.1 billion in 2021 and is anticipated to be over USD 9.79 billion by the end of the assessment period. The Automatic Feeding System Market is estimated to experience reasonable growth to record a CAGR of 8.51% throughout the estimated period (2021-2026).
The coronavirus is an unprecedented public health emergency that has affected nearly every industry, hence the long-term effects expected to affect industry growth during the forecast period. Our research amplifies our framework for determining the underlying concerns of COVID-19 and possible future pathways. The report provides insights into the coronavirus, considering changes in consumer behavior and demand, purchasing patterns, supply chain deviations, the dynamics of current market forces, and significant government interventions.
Recent Developments:
Automatic Feeding System Market Drivers and Restraints:
The market for Automatic feeding systems is driven by a changing preference to reduce operating costs, time, and waste associated with manual feeding by adopting Automatic processes. Also, the ever-increasing size of dairy farms, the increasing demand for livestock surveillance services, and the increasing consumption of dairy and meat products are some of the factors that are expected to drive the growth of the target market. Additionally, increased awareness of substantial cost savings through the adoption of energy systems is expected to positively impact.
A recent trend observed in the target market is that major manufacturers are introducing new products and technological advancements in power management, which are expected to drive demand for Automatic power systems. Market players are constantly investing in product innovation, creating new market opportunities. However, the high installation costs associated with automatic feeding systems can put off small and medium-sized farmers, hampering the market growth and considering that the lack of standardization of electrical equipment and the high cost of installation can hinder the target's growth market.
The automatic feeding system market is segmented into Ruminants, Swine, and Poultry based on the livestock. The ruminant segment is expected to dominate the global market for Automatic feeding systems in 2018. Hardware and software solutions enable automatic feeding, resulting in accurate and fast feeding management of the animal feeding. The labor cost associated with power management is drastically reduced due to increased automation and fewer labor requirements. Due to these advantages, the market for Automatic ruminant feeding systems is expected to grow significantly during the forecast period.
The automatic feeding system market is divided into Controlling, Mixing, and Filling, and Screening by function. The filling and screening segment is estimated to account for most of the Automatic feeding systems market in 2018. The filling and screening segment is estimated to have the largest share of the Automatic feeding systems market in 2018.
Regional Analysis:
The Market for Automatic Feeding System has been categorized based on geography into North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa. Europe is holding the dominant shares of the Automatic feeding systems market due to parameters such as the increasing attention of companies to technological advancements in feed management, the effective management of livestock nutritional needs, the increasing adoption of software in Automatic feeding systems in livestock production. North America is expected to grow during the forecast period due to various innovations in different lines of equipment and feeding equipment to meet the growing demand from farm owners and farmers. In addition, the demand for meat is increasing in this region, which in turn contributes to the market for Automatic feeding systems.
Leading Company:
Agco Corporation had the largest share of the Automatic Feeding System Market in terms of sales revenue in 2021.
Key Players:
The Automatic Feeding System Market is concentrated with well-established players. Key players in the Automatic Feeding System Market include Roxell, Agco Corporation, Coromall as, Rovibec Agrisolutions, Pellon Group Oy, VDL Agrotech, Trioliet B.V., Lely Holding Sarl, Kuhn, Big Dutchman, and GEA Delaval Holding AB.
1. Introduction
1.1 Market Definition
1.2 Scope of the report
1.3 Study Assumptions
1.4 Base Currency, Base Year and Forecast Periods
2. Research Methodology
2.1 Analysis Design
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Data Modelling
2.2.4 Expert Validation
2.3 Study Timeline
3. Report Overview
3.1 Executive Summary
3.2 Key Inferencees
4. Market Dynamics
4.1 Impact Analysis
4.1.1 Drivers
4.1.2 Restaints
4.1.3 Opportunities
4.2 Regulatory Environment
4.3 Technology Timeline & Recent Trends
5. Competitor Benchmarking Analysis
5.1 Key Player Benchmarking
5.1.1 Market share analysis
5.1.2 Products/Service
5.1.3 Regional Presence
5.2 Mergers & Acquistion Landscape
5.3 Joint Ventures & Collaborations
6. Market Segmentation
6.1 Automatic Feeding Systems Market, By Livestock
6.1.1 Ruminants
6.1.2 Swine
6.1.3 Poultry
6.1.4 Market Size Estimations & Forecasts (2021-2026)
6.1.5 Y-o-Y Growth Rate Analysis
6.1.6 Market Attractiveness Index
6.2 Automatic Feeding Systems Market, By Fucntion
6.2.1 Controlling
6.2.2 Mixing
6.2.3 Filling and Screening
6.2.4 Market Size Estimations & Forecasts (2021-2026)
6.2.5 Y-o-Y Growth Rate Analysis
6.2.6 Market Attractiveness Index
7. Geographical Landscape
7.1 Global Identity Governance and Administration Market, by Region
7.2 North America - Market Analysis (2018 - 2024)
7.2.1 By Country
7.2.1.1 USA
7.2.1.2 Canada
7.2.2 By Livestock
7.2.3 By Fucntion
7.3 Europe
7.3.1 By Country
7.3.1.1 UK
7.3.1.2 France
7.3.1.3 Germany
7.3.1.4 Spain
7.3.1.5 Italy
7.3.1.6 Rest of Europe
7.3.2 By Livestock
7.3.3 By Fucntion
7.4 Asia Pacific
7.4.1 By Country
7.4.1.1 China
7.4.1.2 India
7.4.1.3 Japan
7.4.1.4 South Korea
7.4.1.5 South East Asia
7.4.1.6 Australia & NZ
7.4.1.7 Rest of Asia-Pacific
7.4.2 By Livestock
7.4.3 By Fucntion
7.5 Latin America
7.5.1 By Country
7.5.1.1 Brazil
7.5.1.2 Argentina
7.5.1.3 Mexico
7.5.1.4 Rest of Latin America
7.5.2 By Livestock
7.5.3 By Fucntion
7.6 Middle East and Africa
7.6.1 By Country
7.6.1.1 Middle East
7.6.1.2 Africa
7.6.2 By Livestock
7.6.3 By Fucntion
8. Key Player Analysis
8.1 Roxell
8.1.1 Business Description
8.1.2 Products/Service
8.1.3 Financials
8.1.4 SWOT Analysis
8.1.5 Recent Developments
8.1.6 Analyst Overview
8.2 Agco Corporation
8.3 Coromallas
8.4 Rovibec Agrisolutions
8.5 Pellon Group Oy
8.6 VDL Agrotech
8.7 Trioliet B.V.
8.8 Lely Holding Sarl
8.9 Kuhn
8.10 Big Dutchman
8.11 GEA Delaval Holding AB
9. Market Outlook & Investment Opportunities
10. Appendix
List of Tables
List of Figures