RFID Tags for Livestock Management Market

RFID tags for livestock management allow an individual to properly measure and pursue the movements of the livestock’s animals. It also enables to identify livestock animals throughout the forest or field to track them in real-time. These tags are basically a technology that is gathered by small GPS labels carried by sheep, cows, and other creatures. It is broadly used in slaughter-house management, hatchery, poultry farms, and by government bodies to keep a track of all types of pets and strays. RFID tags provide farmers with better breeding control, superior traceability, greater conservation efforts, and data collection about every animal of the herd.

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RFID Tags for Livestock Management Market Key Drivers

The significant factor driving the growth of the global RFID tags for livestock management market is the increasing support by the governments to encourage the farmers towards the adoption of smart agricultural practices in order to boost the agricultural produce. In many areas, governments are mandating the use of RFID tags for cattle and other animals to identify and track specific animals. Moreover, the increasing adoption of automation in livestock management and government regulations on the transition to RFID tags and animal welfare are likely to boost the growth of the global RFID tags for livestock management market. There is an inclination towards smart farming with the use of smart solutions, including RFID readers, RFID tags, and RFID middleware in order to allow the wireless gathering of livestock data from the field, such as changes in location, weight, treatment codes, and estimated birthing time. These advancements are playing a key role in propelling the growth of the global RFID tags for livestock management market. On the contrary, the high cost related to the implementation of RFID tags, threat of disruption in RFID frequencies, and data security issues might restrain the growth of the global RFID tags for livestock management market.

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Based on the type, the market is segmented into active and passive. The passive segment is expected to grow at a higher CAGR over the forecast period. This types of tags are cost-effective, smaller, and durable because of the absence of an internal power source as passive tags depend on the power induced by the reader. The popularity of passive RFID tags is growing among the end-users owing to the use of these tags to perform activities, which includes tracking and identifying creatures, smart agricultural practices, collection of livestock data in real-time, among others. These factors are contributing to the growth of the passive segment in the global RFID tags for livestock management market.

Based on the application, the market is segmented into sheep, cows, poultry, and others. The sheep segment is anticipated to witness a faster CAGR over the forecast period. This is attributed to the increasing adoption of RFID technologies for the identification and record keeping of sheep. It also provides various advantages, such as proof of ownership and, traceability, and registration. These features are surging the growth of the sheep segment in the global RFID tags for livestock management market.

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Regional – Segment Analysis

Based on the region, the Europe region is projected to grow at a higher CAGR during the forecast period. The growing number of livestock farming units and implementation of smart solutions for farming to surge the agricultural production is likely to increase the growth of the market. Several initiatives taken by the governments to mandate the use of RFID tags to track and identify specific animals are further boosting the growth of the RFID tags for livestock management market in Europe.

Top Market Players

Various notable players operating in the market include Confidex Ltd, Alien Technology, LLC., Honeywell International Inc, HID Global Corporation, Invengo Technology Pte. Ltd., Omni-ID Ltd (U.S.), Impinj, Inc., Tag Factory, Smartrac Technology GmbH, SCR Engineers Ltd., and DaltonTags.co., among others. 

Key Developments: 

• • In 2020, Alien Technology, LLC., an industry leading RFID technology company, partnered with Digital China to strategically integrate strengths of both the companies to bolster the sales of RFID by selling the products and solutions to China-based customers.
  • In 2019, HID Global Corporation, a global leader in trusted identity solutions, announced its agreement on acquisition of LUX-Ident, a leading provider in radio frequency identification (RFID) components. This acquisition is aimed at strengthening RFID technology and extending its market leadership.

Segments covered in the Report:

The global RFID tags for livestock management market has been segmented on the basis of type, application, sales channel, and regions. Based on type, the market is segmented into active and passive. Based on application, the market is segmented into sheep, cows, poultry, and others. Based on sales channel, the market is segmented into manufacturer/distributor/service provider and aftermarket. Based on region, the global RFID tags for livestock management market is segmented into North America, Europe, Asia-Pacific, and RoW. 

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Key questions answered in this research report:

• • At what pace is global RFID tags for livestock management market growing? What will be the growth trend in the future?
  • What are the key drivers and restraints in RFID tags for livestock management market? What will be the impact of drivers and restraints in the future?
  • What are the regional revenues and forecast breakdowns? Which are the major regional revenue pockets for growth in the global RFID tags for livestock management market?
  • Which type generated maximum revenues in 2019 and identify the most promising type during the forecast period?
  • What are the various application areas of global RFID tags for livestock management market and how they are poised to grow?
  • What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?

Report Coverage	Details
Market Base Year	2019
Market Forecast Period	2020-2027
Market Revenues Currency	USD Million
Base Year & Forecast Units	Revenues (USD Million)
Market Segment	By Type, By Application, By Sales Channel, By Region
Regional Coverage	Asia Pacific, Europe, North America, and RoW
Companies Profiled	Confidex Ltd, Alien Technology, LLC., Honeywell International Inc, HID Global Corporation, Invengo Technology Pte. Ltd. , Omni-ID Ltd (U.S.), Impinj, Inc., Tag Factory, Smartrac Technology GmbH, SCR Engineers Ltd., DaltonTags.co., among others; a total of 10 companies covered.
25% Free Customization Available	We will customize this report up to 25% as a free customization to address our client’s specific requirements

Market Segmentation

Global RFID Tags for Livestock Management Market by Type

• • Active
  • Passive

Global RFID Tags for Livestock Management Market by Application

• • Sheep
  • Cows
  • Poultry
  • Others

Global RFID Tags for Livestock Management Market by Sales Channel

• • Manufacturer/Distributor/Service Provider
  • Aftermarket

Global RFID Tags for Livestock Management Market by Region

• • North America RFID Tags for Livestock Management Market (Option 1: As a part of the free 25% customization)
    • North America RFID Tags for Livestock Management Market by Type
    • North America RFID Tags for Livestock Management Market by Application
    • North America RFID Tags for Livestock Management Market by Sales Channel
    • US RFID Tags for Livestock Management Market All-Up
    • Canada RFID Tags for Livestock Management Market All-Up
  • Europe RFID Tags for Livestock Management Market (Option 2: As a part of the free 25% customization)
    • Europe RFID Tags for Livestock Management Market by Type
    • Europe RFID Tags for Livestock Management Market by Application
    • Europe RFID Tags for Livestock Management Market by Sales Channel
    • UK RFID Tags for Livestock Management Market All-Up
    • Germany RFID Tags for Livestock Management Market All-Up
    • France RFID Tags for Livestock Management Market All-Up
    • Spain RFID Tags for Livestock Management Market All-Up
    • Rest of Europe RFID Tags for Livestock Management Market All-Up
  • Asia-Pacific RFID Tags for Livestock Management Market (Option 3: As a part of the free 25% customization)
    • Asia-Pacific RFID Tags for Livestock Management Market by Type
    • Asia-Pacific RFID Tags for Livestock Management Market by Application
    • Asia-Pacific RFID Tags for Livestock Management Market by Sales Channel
    • China RFID Tags for Livestock Management Market All-Up
    • India RFID Tags for Livestock Management Market All-Up
    • Japan RFID Tags for Livestock Management Market All-Up
    • Rest of APAC RFID Tags for Livestock Management Market All-Up
  • RoW RFID Tags for Livestock Management Market (Option 4: As a part of the free 25% customization)
    • RoW RFID Tags for Livestock Management Market by Type
    • RoW RFID Tags for Livestock Management Market by Application
    • RoW RFID Tags for Livestock Management Market by Sales Channel
    • Brazil RFID Tags for Livestock Management Market All-Up
    • South Africa RFID Tags for Livestock Management Market All-Up
    • Saudi Arabia RFID Tags for Livestock Management Market All-Up
    • UAE RFID Tags for Livestock Management Market All-Up
    • Rest of world (remaining countries of the LAMEA region) RFID Tags for Livestock Management Market All-Up

Major Players Operating the RFID Tags for Livestock Management (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • Confidex Ltd
  • Alien Technology, LLC.
  • Honeywell International Inc
  • HID Global Corporation
  • Invengo Technology Pte. Ltd.
  • Omni-ID Ltd (U.S.), Impinj, Inc.
  • Tag Factory
  • Smartrac Technology GmbH
  • SCR Engineers Ltd.
  • DaltonTags.co