Global automatic cattle waterer market size is projected to be valued at USD 560 million in 2023 and is expected to hit around USD 975 million by 2033. Sales of automatic cattle waterers are expected to rise at a CAGR of 5.7% during the forecast period.
Attribute | Value |
---|---|
Automatic Cattle Waterer Market Value in 2023 | USD 560 million |
Automatic Cattle Waterer Market Value in 2033 | USD 975 million |
Automatic Cattle Waterer CAGR (2023 to 2033) | 5.7% |
Some crucial factors positively affecting the market growth for automatic cattle waterers include:
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Infectious disease outbreaks in the cattle industry are brought on by shifting pathogen risks as a result of growing urbanization and the environment's continual change.
Increasingly frequent occurrences like heat stress, floods, and drought have the potential to spread new diseases by fostering the growth of microparasites and vector-borne illnesses. As a result, the prevalence of big animal illness outbreaks has raised the demand for automatic cattle waterer systems.
According to the studies, farmers utilizing automatic cattle waterers or other livestock and monitoring systems to maintain their animals in better shape have witnessed increased agricultural output. Due to these factors, the adoption of automatic cattle waterers has become necessary for farmers and livestock keepers all over the world to effectively manage animal health.
Government rules and demands for the quality of food have an impact on the need to deploy animal monitoring technologies. The government is supporting sustainable development goals, and consumers are becoming more aware of their food origins and environmental footprints. Governments are putting out new frameworks for the usage of tracking technologies for animals.
Government regulations are promoting the use of automatic cattle waterer equipment all around the world. For newborns and the elderly, in particular, milk plays a crucial role as a supply of protein. Additionally, they enhance and diversify diets. As a result of these factors, the demand for automatic cow waterers is expected to rise throughout the forecast period.
A significant key driver for the market is the rise in the consumption of beef and dairy products. Additionally, several government and commercial organizations constantly monitor the safety, quality, and prevention of disease transmission of cattle and dairy products.
These factors are encouraging the use of automatic cattle waterers. The major players in the automatic cattle waterer market have also implemented some cutting-edge technology which has increased the sales of automatic cattle waterer, which has resulted in market expansion.
Crucial components used in the manufacturing of automatic cattle waterers are advanced and quite expensive. As a result, the high cost of the equipment is projected to restrict the sales of automatic cattle waterers during the forecast period.
Although there are variants with natural gas and propane heating systems, the electrical heat segment is one of the popular types of automatic livestock waterers. Low-energy and alternative energy stock waterers are becoming more prevalent.
The automatic livestock waterer's placement is crucial for optimal performance. Protection from wind and snow lowers energy costs, avoids freeze-up, and facilitates animal usage. As a result, the use of low-energy stock waterers is expected to increase agricultural productivity and lessen farmers' difficulties, which will increase output. The market for low-energy stock waterers is projected to grow as it is safe for both the environment and animals, which appeals to numerous farmers who raise cattle.
During the forecast period, the agro stores are anticipated register high sales of automatic cattle waterers due to the increase in popularity of the equipment among farmers. Furthermore, local stores offer attractive bargains and sales which attract more consumers, thus capturing a large share of the market.
Direct sales are anticipated to witness slight restrictions owing to the lack of trust and confidence in the product. However, due to the advantages of using automated cattle waterer equipment and progressing penetration of eCommerce, FMI predicts that the online sales channel is likely to witness high growth during the forecast period.
The safety, quality, and prevention of disease transmission of cattle and dairy products are continuously monitored by a large number of governmental and private organizations. As a result, the adoption of automatic cattle waterer systems is boosted due to these factors. Animals must always have access to food and water, and their living spaces must be maintained clean.
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Regions | Forecast Revenue Share by 2033 (%) |
---|---|
United States | 29.6% |
Germany | 23% |
China | 10.1% |
The United Kingdom | 9.1 |
Japan | 5.1% |
The United States is anticipated to hold the largest share of automatic cattle waterers due to the rapid improvements in technology and the growing costs of adopting agricultural solutions.
In the USA, the adoption of automatic cattle waterers has grown rapidly in recent years, which has compelled manufacturers and individual distributors of the product to widen their supply chains. The demand for automatic cattle waterer in the USA is likely to rise as consumer income increases and trade barriers are abolished.
Germany holds the highest revenue share in the European market. As a result, revenue from the sales of automatic cattle waterer in Germany is predicted to be valued at USD 91.2 Million by 2033.
Government and the commercial sector are under pressure to guarantee product quality and safety. The widespread use of innovative technology as well as the strong need to lower the price of livestock rearing is expected to fuel market growth in Germany.
The United Kingdom automatic cattle waterer industry is predicted to surpass USD 87.1 Million by 2033. The government's rules for monitoring animal disease are also anticipated to have a big influence on the market's growth.
The region is thus expected to witness high adoption rates of automated cattle waterer equipment. The increased incidence of diseases and the rising need for technology to track sick animals is likely to boost the European market.
Asia Pacific is predicted to grow at a considerable CAGR throughout the projection period. China's automatic cattle waterer industry is predicted to surpass a valuation of USD 83.7 Million by 2033.
Government regulations and interstate livestock trading laws are predicted to be the major forces behind regional demand for automatic cattle waterers. The milk and cattle producers in the area have introduced cutting-edge machinery to suit the need for swiftly moving dairy and animal products in the region.
On the other hand, Japan's automatic cattle waterer industry is anticipated to be valued at USD 27.2 Million by 2033. To boost cattle management operations in countries like China and India, Asian livestock farmers employ cutting-edge technologies.
Furthermore, farmers in growing nations like South Korea, India, and other locations are under a lot of pressure to produce and be prosperous due to population growth. This has led to the development of creative solutions for improved automatic cattle waterers by major players.
The market for automatic cattle waterers is somewhat competitive and less consolidated as a result of the relatively small number of large- and small-scale companies that are present.
The market for automatic cattle waterers is restrained by the growing cost of raw materials for equipment and the intricate design of automatic cattle waterers. Market participants' primary techniques for ensuring market growth include expansions, new product development, and acquisitions.
Qingdao J & W Animal Husbandry Technology Co., Ltd.
Qingdao J & W Animal Husbandry Technology Co., Ltd. was established in August 1998. It is a manufacturing and trading firm that specializes in the creation, manufacture, and research of livestock equipment. It was chosen to serve as the China Dairy Association's executive director in January 2020.
Win Balance Enterprise Co., Ltd.'s corporate headquarters and research center are situated in Qingdao Jimo District, a prosperous industrial area with easy access to transportation. Win Balance was recognized by the government as a High-Tech Enterprise due to its advanced technology and research capabilities, ISO 9001 quality system accreditation, and more than 20 innovation, utility model, and cosmetic patents.
They have worked closely with farmers all around the world over the years to guarantee that we produce goods that are of the best quality, durability, and use. Furthermore, they continue to collaborate closely with local farmers. Today, the company's agricultural portfolio includes a wide range of goods and equipment to help farmers and make sure they can keep up with the constantly evolving needs of contemporary farming.
GEA Group Aktiengesellschaft
GEA is one of the key manufacturers of automatic cattle waterers. The 1881-founded global technological company specializes in machinery and plants, as well as cutting-edge process technologies, components, and all-inclusive services.
With more than 18,000 people operating in 62 countries and five divisions, the group brought in more than 4.7 billion euros in sales in the fiscal year 2021. Globally, the effectiveness and sustainability of manufacturing processes are improved through GEA plants, processes, components, and services. They provide a major contribution to cutting down on plastic use, CO2 emissions, and food waste.
Key Market Developments
Attribute | Details |
---|---|
Forecast Period | 2023 to 2033 |
Historical Data Available for | 2017 to 2022 |
Market Analysis | USD million for Value and Units for Volume |
Key Regions Covered | North America; Latin America; Europe; Asia Pacific; Oceania; Middle East and Africa (MEA) |
Key Countries Covered | USA, Canada, Mexico, Germany, The United Kingdom, France, Italy, Spain, China, Japan, India, South Korea, Australia, Brazil, Argentina, South Africa, UAE |
Key Segments Covered | By Type, By Distribution Channel, By Region |
Key Companies Profiled | Qingdao Tengjun Animal Husbandry Technology Co., Ltd.; GEA Group Aktiengesellschaft; Afimilk Ltd.; DeLaval; H.P. Cattle Supply; NINGBO JOYGEN MACHINERY CO., LTD; BouMatic; Dezhou Huaze Animal Husbandry Machinery Co., Ltd; Qingdao Kemiwo Industrial Technology Co., Ltd.; Fancom BV; Fullwood Packo; Jayna Steel |
Report Coverage | Market Forecast, Company Share Analysis, Competitive Landscape, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
Customization & Pricing | Available upon Request |
The market is projected to generate USD 560 million in sales by 2023.
The global market is set to be worth USD 975 million by 2033.
The market is estimated to advance at a 5.7% CAGR through 2033.
Automatic cattle waterers are encouraged to be used by government regulations.
With a substantial share of the market of 29.6%, the United States is a major player.
The low-energy stock waterers category dominated the market with a market share of over 35%.
1. Executive Summary 2. Market Overview 3. Market Background 4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033 5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Type 5.1. Electrically Heated Stock Waterers 5.2. Low-energy Stock Waterers 5.3. Alternate Energy Waterers 5.4. Thawing Frozen Automatic Waterers 6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Distribution Channel 6.1. Direct Sales 6.2. Agro Stores 7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region 7.1. North America 7.2. Latin America 7.3. Europe 7.4. Asia Pacific 7.5. Middle East and Africa (MEA) 8. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 9. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 10. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 11. Asia Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 12. MEA Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 13. Key Countries Market Analysis 14. Market Structure Analysis 15. Competition Analysis 15.1. Dezhou Huaze Animal Husbandry Machinery Co., Ltd 15.2. Qingdao Tengjun Animal Husbandry Technology Co., Ltd. 15.3. Qingdao Kemiwo Industrial Technology Co., Ltd. 15.4. NINGBO JOYGEN MACHINERY CO., LTD 15.5. H.P. Cattle Supply 15.6. GEA Group Aktiengesellschaft 15.7. Fullwood Packo 15.8. BouMatic 15.9. DeLaval 15.10. Jayna Steel 16. Assumptions & Acronyms Used 17. Research Methodology
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