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Feed Robotics Market worth $2.5 billion by 2029 – Exclusive Report by MarketsandMarkets™

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CHICAGO, July 26, 2024 /PRNewswire/ — The Feed Robotics Market is projected to grow from USD 1.6 billion in 2024 to USD 2.5 billion by 2029, at a CAGR of 11.5% from 2024 to 2029 according to a new report by MarketsandMarkets™. The feed robotics market has seen exponential growth in recent years, fueled by increasing growth in the use of automation, artificial intelligence, & robotics as a solution to many challenges on the farm, majorly related to the shortage of the labor demands. The limitations created by the labor shortage is not the only factor for the high adoption of artificial intelligence on the farms. The factor such as learning more about precision feeding and its importance to deliver its critical nutrients in appropriate amounts at specific points in time to the cattle also plays a vital role in the growing adoption of robotics in feeding management.

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One significant driver of growth in the feed robotics market is the expanding demand for automation in agriculture. Agricultural sector faces a significant labor shortage worldwide and the feed robotics provides a viable solution to this by automating the day to day task and reducing the dependence on skilled labors. Further, the efficiency and productivity through the usage of robotics farmers can gain increased operational efficiency, reduced wastage and improved overall farm productivity, making it an attractive investment for farmers. Another prominent factor driving the industry is the rising awareness and adoption of precision farming. These sustainable farming practices are gaining traction as this approach ensures optimal and timely feed utilization.

Moreover, the feed robotics market is witnessing several significant mergers and acquisitions, reflecting the dynamic nature of the market and the strategic moves by the companies for enhancing the capabilities and market reach. This investment influx has led to the scaling up of production capacities, technological advancements, and aggressive marketing campaigns to promote robotics in feed management. For instance, in 2023 Lely International acquired Horizon Robotics, a startup specializing in AI driven robotic solutions. The acquisition aimed to integrate Horizon’s advanced AI capabilities into Lely’s existing product line and focusing on enhancing the precision and efficiency of feed robotics for dairy farms. Similarly, in 2022 DeLaval acquired Connecterra, intending to combine both the companies technology resulting in advanced and automated feeding solutions. These mergers and acquisitions highlight the strategic efforts by the key players to enhance their technological capabilities and expand their geographical presence and improvise the overall productivity and farm efficiency.

The feeding system is projected to hold the leading position within the product type sector of the feed robotics market.

The global feed robotics market is witnessing significant growth, with the feeding systems category projected to hold the leading position within the product type category. This is driven by various factors, which includes technological advancements, integration of AI in machine learning, increased awareness of IoT and Smart Sensors and robust automation capabilities. Advances in the technology have led to development of highly automated feeding systems which can perform complex tasks with minimal / zero intervention of humans. Improved productivity and reduced labor costs have been the major growth parameters, these systems can handle large volumes of feed and distribute efficiently across.

Scalability is one of the growth drivers enabling high demand for robotic feeding systems. These systems are scalable and can be customized to meet the needs of various farm sizes and types. These systems can be tailored to provide optimal feeding solutions.  Further the rising adoption of precision farming practices have driven the accelerated growth of these systems. Feeding Systems are integral to this approach and deliver precise amounts of feed based on real time data, these systems also help in reducing the feed wastage and promoting sustainable resources usage. Data driven decision making further optimizes the operations. Feeding systems which are installed with advanced data analytics provide valuable input into feed efficiency, animal health, and the overall farm performance. This has enabled the users to make informed decisions which has optimized the costs and operations.

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Diverse End-User Applications of Feed Robotics: Transforming Dairy, Poultry, Swine, and Aquaculture Farms

There has been high adoption of feed robotics in revolutionary sectors within the agricultural industry including dairy farms, swine farms, aquaculture, and poultry farms. Consistent and accurate feeding schedules have improved the animal health and also increased production yield by each type of animal. Based on real time data farmers can monitor the feed intake and adjust the portions which has promoted the overall animal welfare. Further the improved hygiene has also driven the growing adoption of feed robotics in farms. Reduced risk of contamination, and disease transformation are vital in maintaining the hygiene standards for animal health. In aquaculture, the feed robotics ensure precise control of feed distribution which is very crucial to maintain the water quality and promote healthy fish growth. Each sector with its unique requirements stands to benefit the efficiency, paving the way for productive and sustainable farming.

Europe Dominates Regional Share in Feed Robotics Market: Government Initiatives and Farmer Readiness Drive Adoption.

Europe is at the forefront of the global feed robotics market, accounting for the largest regional share. This dominance is underlined by robust government initiatives and subsidies, along with rising awareness and readiness amongst the end users in Europe to adopt to new robotic technologies. The European union and member states fund research and development projects focused primarily on agricultural innovations. Programs such as Horizon Europe allocates significant resources to the advancing agricultural technologies. These initiatives are programmed to encourage the development of next generation feed robotics, enhancing their efficiency and affordability of farmers. Willingness to invest in the new technologies have promised long term benefits amongst European farmers. The high return on investments offered by feed robotics systems have enhanced efficiency and reduced operational costs. Further the availability of government subsidies have reduced the financial burdens of initial investments making the feed robotics systems available to farmers at a broader reach. Further Europe focuses on proactive approach for agricultural innovations. Government initiatives and subsidies such as European Union’s Common Agricultural Policy (CAP), National Subsidy Programs, and research & development programs have facilitated the adoption of feed robotics and advanced technologies accessible to the farmers.

Key Market Players in this include Lely Holdings (Netherlands), DeLaval (Sweden), GEA (Germany), Triolet (Netherlands), HETWIN – FÜTTERUNGSTECHNIK (Austria), ROVIBEC AGRI SOLUTIONS INC. (Canada), AGCO CORPORATION (US), Joz Fullwood (UK), Jeantil Company (France), KUHN SAS (France), Boumatic Robotics (Netherlands), Wasserbuar Futterugssteme (Switzerland).

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Browse Adjacent Markets @ Feed and Animal Nutrition Market Research Reports & Consulting

Related Reports:

Food Robotics Market by Type (Articulated, Cartesian, SCARA, Parallel, Collaborative, Cylindrical), Payload (Heavy, Medium, Low), Function (Palletizing, Packaging, Repackaging, Picking, Processing), Application and Region – Trends & Forecast to 2026

Agriculture Robots Market by Type (Unmanned Aerial Vehicles/Drones, Milking Robots, Driverless Tractors, Automated Harvesting Systems), Farming Environment (Indoor and Outdoor), End-use Application and Region – Global Forecast to 2028

About MarketsandMarkets™

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MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

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The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the ‘GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

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CGTN: China honors individuals with highest awards in celebration of 75th National Day

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BEIJING, Sept. 29, 2024 /CNW/ — Huang Zongde enlisted in the Chinese People’s Liberation Army at the age of 17, beginning a nearly four-decade-long military career where his bravery, valor and devotion earned him countless awards and honors.

The heavily decorated 93-year-old received the highest state honor on Sunday when Chinese President Xi Jinping conferred him with the Medal of the Republic at a ceremony in the Great Hall of the People in Beijing.

China awarded national medals and national honorary titles to 15 individuals, including Huang, in recognition of their contribution and achievement as it celebrates the 75th anniversary of the founding of the People’s Republic of China, which falls on October 1.

Chinese heroes and role models

In addition to Huang, three others were awarded the Medal of the Republic. Wang Yongzhi, a missile and rocket expert and a pioneer of China’s manned space program, was honored posthumously. Wang Zhenyi, a medical scientist known for breakthroughs in leukemia treatment, and Li Zhensheng, an expert in wheat breeding, are also among the honorees.

The national honorary titles went to 10 people, including scientists, a border patrolman, an artist, a craftsman, educators, a health worker, an economist and an athlete.

Addressing Sunday’s awarding ceremony, President Xi, also general secretary of the Communist Party of China Central Committee and chairman of the Central Military Commission, called on the Chinese people to learn from heroes and role models to form a mighty force to build a strong China.

China is in a crucial period for building a great modern socialist country in all respects and achieving national rejuvenation through Chinese modernization, he said.

Encouraging the Chinese people to strive for extraordinary achievements at ordinary job posts, Xi urged them to contribute to resolving challenges to development and reform and safeguarding social harmony and stability.

China’s old friends and good friends

As its highest state honor for foreigners, China awarded the Friendship Medal to Dilma Rousseff, president of the New Development Bank and former Brazilian president, for her commitment to the friendship between China and Brazil, and development of relationship between China and the Community of Latin American and Caribbean States, and cooperation among BRICS countries, a group of major emerging economies.

Accepting the honor at the ceremony, Rousseff said the medal symbolizes the strong bonds between Brazil and China and pledged to continue her unremitting efforts to promote the friendship.

China’s achievements over the decades, including economic transformation, technological innovation and remarkable social development, have made it a beacon and a source of inspiration for the world, she said.

Xi lauded Rousseff as an outstanding representative of China’s old friends and good friends who have shared the same aspirations and stood together with the Chinese people over the past 75 years and vowed that China will never forget such international friends.

The Chinese people are ready to join hands with people from all over the world to safeguard world peace, promote common development and advance the building of a community with a shared future for mankind to create a better future for humanity, he said.

https://news.cgtn.com/news/2024-09-29/China-honors-individuals-with-highest-awards-ahead-of-National-Day-1xhS1SaZeZa/p.html

 

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SOURCE CGTN

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Huawei Peer-Recognized as a 2024 Gartner® Peer Insights™ Customers’ Choice for Enterprise Wired and Wireless LAN Infrastructure

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SHENZHEN, China, Sept. 29, 2024 /PRNewswire/ — On September 24, 2024, Huawei announced that it has been peer-recognized a 2024 Gartner® Peer Insights™ Customers’ Choice in the Voice of the Customer for Enterprise Wired and Wireless LAN Infrastructure thanks to its Xinghe Intelligent Campus offerings. This marks the fifth year in a row that Huawei has received this distinction. Notably, Huawei receives Customers’ Choice distinctions in four of the six customer segments: Midsize Enterprise (50M1B USD); Public Sector, Government and Education; Asia/Pacific; and Europe, the Middle East and Africa.

As of June 30, 2024, customers across diverse sectors — including manufacturing, IT services, education, and telecommunication — have reviewed Huawei’s complete Xinghe Intelligent Campus offerings on the Gartner Peer Insights platform. We believe their impressive feedback showed global recognition of Huawei from the industry influence, deployment scales, and mature commercial use perspectives.

“We’re thrilled to be named a Gartner® Peer Insights™ Customers’ Choice for Enterprise Wired and Wireless LAN Infrastructure again,” said Shawn Zhao, President of Huawei’s Campus Network Domain. “Recently, Huawei launched the newly upgraded Xinghe Intelligent Campus that takes wireless, application, and O&M experience to new levels with AI technologies, ultimately accelerating the digital transformation of enterprises.”

Looking ahead, Huawei will further innovate Xinghe Intelligent Campus offerings from wireless, application, and O&M experience upgrade perspectives, helping all industries stride to the future of experience-centric intelligent campus networks.

For more about Gartner® Peer Insights™ Customers’ Choice, visit: https://www.gartner.com/reviews/market/enterprise-wired-wireless-lan-access-infrastructure 

Disclaimer:

Gartner, Voice of the Customer for Enterprise Wired and Wireless LAN Infrastructure, Peer Contributors, 12 September 2024

Gartner, Peer Insights, Magic Quadrant and Customers’ Choice badge are trademarks of Gartner, Inc. and/or its affiliates. All rights reserved. Gartner Peer Insights content consists of the opinions of individual end users based on their own experiences, and should not be construed as statements of fact, nor do they represent the views of Gartner or its affiliates. Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

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SOURCE Huawei

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“MLOVE” Rangers Speakers to be unveiled at Global Sources Consumer Electronics Show 2024.10

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SHENZHEN, China, Sept. 29, 2024 /PRNewswire/ — MLOVE, announces its participation in the Global Sources Consumer Electronics Show during October 11 to 14, 2024 in Hong Kong. We look very much forward to offering 7 original and pioneering Busking Speakers from MLOVE Rangers Series.

To further expand MLOVE on the global market and have more face-to-face communications with our customers and agents, we are scheduled to attend the Global Sources Consumer Electronics Show.

Come and Join Us at:
Booth No.: Hall1, 1D26
Time: October 11 – 14, 2024
Address: AsiaWorld-Expo • Hong Kong

About Global Sources Consumer Electronics Show

Global Sources Consumer Electronics show, the world’s largest export-centered electronics sourcing trade show, features over 3,100 booths offering a whole host of industry innovations, which cover 9 major product categories including smart wearables, TWS, AR/VR, energy storage, solar energy, and charging stations — all in high demand for the world’s buyers. Aside from their diversity, what these products share in common are strong branding, intelligence, and innovative design.

Introducing 7 New Masterpieces: Rangers Busking Speakers

MLOVE S3 Pro, S1, S5 ,D5, D4, D6, D8 Pro

Three Main Functions In One Speaker  

Playing Music Speaker
Sound is the soul of the speaker. We are committed to shaping the sound characteristics of our own style with deep and dynamic bass, clean and clear vocal, stable treble, bass, vocal, and treble balance so that every note is full of our persistence and passion, bringing users an unprecedented auditory feast.

Karaoke Speaker
Support 2 wireless UHF microphones,
high quality metal housing and cardioid voice collection Microphone
Multi channels timbre adjustment independently, customized your tone

Musical Instrument Amplifier
This function specially developed for musical instrument lovers
Portable size, you can make a street busk with your friends easily
Different musical instruments assigns independent impedance matching tap
Maximizes the musical instrument’s sound

Other Special Features:
100+ Connections Together
Reverse Charging other devices
Wireless/Wired Recording
OTG playing and charging
Wireless/Wired Live Streaming

About MLOVE

Established in 2008, the MLOVE factory is a national high-tech enterprise that integrates ID design, research and development, production, and sales and after-sales service. It is also a specialized and innovative enterprise in the Guangdong Province. MLOVE factory has a modern independent industrial park of 30,000 square meters, strategically cooperated with SMT and injection molding suppliers.

Currently, MLOVE product line includes Rangers Karaoke and musical instrument speaker series, retro home speaker series, and portable outdoor speaker series.

We will continue to pursue excellence and provide customers with higher quality products and services.

Thank you for your attention. We look forward to establishing a long-term and stable cooperative partnership with customers all over the world.

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SOURCE MLOVE

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