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Follow on Google News | Feeding Systems Market worth 1,474.1 Million USD by 2023Feeding Systems Market categorizes global market by Offering (Hardware, Software, Service), System Type (Rail Guided System, Conveyor Belt System, Self-Propelled System), Application (Dairy Farm, Poultry Farm, Swine Farm, Equine Farm), Region.
By: Marketsandmarkets Browse 65 market data tables and 67 figures spread through 181 pages and in-depth TOC on "Feeding Systems Market - Global Forecast to 2023" Early buyers will receive 10% customization on this report. The rapid growth of the feeding systems market can be attributed to various factors, which include growing number of dairy farms across the globe, continuous technological advancements in the feeding management, along with new product launches, and substantial cost savings associated with livestock feeding management. The self-propelled system application segment is projected to lead the feeding systems market by 2023. Among applications, the self-propelled system segment is projected to lead the feeding systems market during the forecast period. A number of factors such as increasing preference of livestock farm owners for automated feeding systems, such as total mixed ration (TMR) feeding and feed wagon, and easy availability of various innovative feeding systems, such as liquid feeding systems and dry feeding systems are expected to drive the growth of this segment during the forecast period. Download PDF Brochure @ http://www.marketsandmarkets.com/ The hardware offering segment is projected to lead the feeding systems market during the forecast period. The hardware offering segment is projected to lead the feeding systems market during the forecast period due to increasing use of automated and control devices, and sensing and monitoring devices, such as radio frequency identification (RFID), sensors, and global system positioning (GPS) technologies in the livestock farming. The growth of this segment can also be attributed to the increasing preference of the livestock farm owners towards automated feeding systems, technological advancements in feeding management by the introduction of innovative products by the key players, rising demand for dairy products across the globe, and increasing number of dairy cattle, globally. The Asia Pacific feeding systems market is expected to grow at the highest CAGR during the forecast period. The Asia Pacific feeding systems market is expected to grow at the highest CAGR between 2017 and 2023. The increasing adoption of various feeding management technologies and growing number of dairy cattle and poultry in the Asia Pacific countries, especially in India, China, and Japan, among others, are expected to lead to the growth of the Asia Pacific feeding systems market during the forecast period. The Asia Pacific feeding systems market is also expected to grow during the forecast period, owing to the technological advancements in the feeding management and increased awareness among farmers regarding the latest feeding technologies. Request Sample @ http://www.marketsandmarkets.com/ The report also profiles the key players, such as DeLaval Holding AB (Sweden), GEA Group AG (Germany), Lely Holding S.A.R.L (Netherlands) About MarketsandMarkets™ MarketsandMarkets™ Our 850 fulltime analyst and SMEs at MarketsandMarkets™ MarketsandMarkets's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. Contact: Mr. Rohan MarketsandMarkets™ 701 Pike Street Suite 2175, Seattle, WA 98101, United States Tel: 1-888-600-6441 Email: sales@marketsandmarkets.com End
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