DUBLIN--(BUSINESS WIRE)--The "Automated Feeding Systems Market by Livestock (Ruminants, Swine, Poultry), Function (Controlling, Mixing, Filling and Screening), Offering, Technology, Integration, Type and Region (North America, Europe, Asia Pacific, Row) - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.
The automated feeding systems market is estimated to account for nearly USD 5.1 billion in 2018 and is projected to grow at a CAGR of 7.6%, to reach nearly USD 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. However, the major challenge faced by stakeholders is the lack of standardization of feeding equipment and feeding lines. In addition, high capital requirement at the initial stage of installation may discourage small and medium-sized farms from automating the feeding process.
On the basis of type, the automated feeding systems market is segmented into rail-guided, conveyor, and self-propelled feeding systems. The rail guided feeding systems segment is estimated to account for the largest share in 2018. These systems have gained popularity among farms, due to their durability and low maintenance cost. Currently, rail-guided feed wagons are witnessing a significant demand in the market, as it is possible to save time and achieve greater flexibility by using these systems, compared to conventional feed mixer wagons.
Based on livestock, the ruminants segment is projected to record the fastest growth in the automated feeding systems market between 2018 and 2023. Ruminants are a source of milk and meat, and the quality of these products depends on the quality of the feed as well as the efficiency and preciseness of the feeding process.
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Automated Feeding System Market, By Function
7 Automated Feeding Systems Market, By Livestock
8 Automated Feeding Systems Market, By Offering
9 Automated Feeding Systems Market, By Technology
10 Automated Feeding Systems Market, By Type
11 Automated Feeding Systems Market, By Integration
12 Automated Feeding Systems Market, By Region
13 Competitive Landscape
14 Company Profiles
- Afimilk
- Boumatic LLC
- Dairy Master
- Davisway
- Delaval
- Fullwood Packo
- GEA
- Lely Holding
- Pellon Group Oy
- Sum-It Computer Systems
- Trioliet
- VDL Agrotech
For more information about this report visit https://www.researchandmarkets.com/research/3t9r96/global_automated?w=4
