Milking Robots Market is Anticipated to reach USD 5.6 billion, grow at a CAGR of 11.70 % from 2023 to 2032
Research Reports
Sep 15, 2023
Milking Robots Market Insights:
The market size for milking robots was estimated at USD 2.1 billion in 2022. The market for milking robots is anticipated to increase from USD 2.3 billion in 2023 to USD 5.6 billion by 2032, growing at a projected compound annual growth rate (CAGR) of 11.70% from 2023 to 2032. The primary market factors fostering market growth include an increase in the demand for dairy products, customised designs, and constant operational workflow.
The rise in dairy product consumption and the shift in consumer preference from non-vegetarian to dairy products for the addition of protein. Dairy goods are easily accessible because to cold chain logistics and high-end retail facilities, enabling the market’s expansion. Dairy farms can reduce labour costs by using milking automation technologies like milking robots, which can significantly increase milk production.
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Key Players:
- DeLaval
- Gea Group
- Lely
- Boumatic
- Fullwood Joz
- Christensen & Company
- Paul Mueller Company
- Milkomaz Dairy Solutions
- System Happel GmbH
- Waikato Milking Systems NZ LP,
are the notable vendors in the Milking Robots market.
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Milking Robots Market Regional Analysis:
The analysis offers market information for North America, Europe, Asia-Pacific, and the rest of the world, organised by region. Due to an increase in contemporary dairy farming technologies, the North American market for milking robots will lead this market. The use of online portals to educate consumers about farming and food quality and the decline in the price of milking equipment will also help this region’s market flourish. Due to the significant presence of manufacturers and the growing awareness of farm owners regarding milking robots, the Asia-Pacific Milking Robots Market is anticipated to develop at the quickest CAGR from 2023 to 2032. Additionally, the Asia-Pacific region’s Milking Robots market in India grew at the fastest rate, while the Milking Robots market in China had the greatest market share.
Milking Robots Market Segmentation:
Hardware, software, and services are all included in the offering-based segmentation of the milking robots market. The hardware industry contributed the most to overall market revenue.
Single-stall units, multi-stall units, and automated milking rotary are included in the segmentation of the worldwide robot milking market based on system type. The market has been dominated by the multi-stall unit sector.
Based on herd size, the global milking robot market is divided into three categories: below 100, between 100 and 1000, and above 1000. The category between 100 and 1000 commands the highest market income.
Pneumatic and electric actuators are included in the market segmentation for milking robots based on actuator type. The fastest and most reliable category of actuators was pneumatic, which brought in the most money.
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The milking robots are also created specifically to cater to the needs and preferences of the farmer. Additionally, each cow chooses her own rhythm when it comes to milking, and this rhythm’s success is greatly influenced by the cow’s comfort and desire. As a result, the robot’s development was exclusively cow-focused. The cow is encouraged to milk frequently and quickly since the robot makes sure she is calm, unperturbed, and not distracted visually by arm movement. In the anticipated time frame, the customizability and operational effectiveness of these robots will increase.
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