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The global dairy herd management market is expected to reach $1,511.91 million by 2018, at a CAGR of 12.92% between 2013 and 2018. Dairy herd management products offer substantial cost advantages over traditional, manual herd management techniques.

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Europe accounted for the largest share of the global dairy herd management market in 2013. This market is also poised to grow at the highest rate during the forecast period of 2013 to 2018. As such, Europe will remain an important market for dairy herd management products and will offer substantial growth opportunities for market players. Europe has one of the highest adoption rates for dairy herd management products.

The application segments included in this report are animal comfort, calf management, feeding management, heat stress management, milk harvesting, reproduction management, and other applications. The milk harvesting application segment is expected to grow at the highest CAGR during the forecast period, owing to the growing demand for dairy products. Milk harvesting has the highest adoption rate of automated dairy herd management products. Its adoption rate is also relatively higher in the regional segments of China, India, and South America.

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The major players in the dairy herd management market are Afimilk Ltd. (Israel), BouMatic (U.S.), DeLaval (Sweden), FarmWizard Ltd. (Ireland), GEA Group AG (Germany), Infovet (India), Lely Holdings S.A.R.L. (Netherlands), SCR Dairy, Inc. (Israel), Sum-IT Computer Systems Ltd. (Oxfordshire), and Valley Agricultural Software (U.S.).

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