17th July 2019 - Milking
Robots Market 2014-2025 report delivers future development strategies,
key companies, Possibility of competition, major challenges analysis. The
reports elaborate the expansion rate of the Milking Robots market supported the
highest company profile analysis. This report providing an in-depth analysis,
market size, and evaluation for the developing segment among the Milking Robots
market. Milking Robots Market report will help you take expert decisions,
recognize opportunities, plan effective professional tactics, plan new schemes,
analyze drivers and restraints and give you a vision on the Milking Robots
Market forecast.
Global Milking Robots Market size
is expected to reach USD 2.61 billion by 2025.
A milking robot is a type of rural robot which performs milking of dairy cows
without human work. The milk production industry has seen an increase in herd
size and demand for milk in the past few years. Automation and robotics
technology has increased the production capacities and operational efficiencies
of milk producers. Milking robots market is expected to register a CAGR of
11.8% in the upcoming period as the scope, product types, and its applications
are increasing across the globe.
The factors that play an important role
in the growth of milking robot market include increasing demand, growing
population, increasing urbanization & industrialization, growing number of
dairy farms across the globe, increasing milk yield, growing demand for milk
& milk products, need for automation, high labor cost, technological
advancement and growing dairy industry. Moreover, significantly rising herd
size and introduction of advanced & innovative automation technologies are
driving the growth of market in the upcoming period.
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The primary applications of milking
robot systems include cleaning teats, collecting & routing animals and
milking operations. The implementation of milking robots in dairy industry
requires high initial investments, skilled & knowledgeable farmers and
efficient management tools for the uninterrupted & effective use of
technologies. In the market, various types of milking robot are available such
as single-stall unit, multi-stall unit, rotary system, and others. These
systems are designed as per requirements of dairy farmers. The “multi-stall
unit” is expected to hold the highest market share in the upcoming years due to
the increasing herd size in dairy industries. Moreover, the “rotary system” is
anticipated to witness a significant growth rate in the upcoming period. The
“single-stall unit” is held the largest market share in 2016.
Herd size refers to the total number of
animals in a dairy farm. The market is classified by herd size such as up to
100 animals, between 100-1000 animals, and above 1000 animals. The adoption of
milking robot’s system is dependent on the number of animals in dairy farms. The
“between 100-1000 animals” and “above 1000 animals” segments are anticipated to
grow at a high CAGR during the forecast period due to benefits such as
increased efficiency and performance provided by systems used for this herd
size.
In addition, increasing adoption of
automation in the dairy industry and increasing labor costs are anticipated to
boost the growth of market during the forecast period. However, high initial
investment and the other high pricing are negatively impacting the growth of
milking robots industry. The market is widely analyzed based on different
regional factors such as gross domestic product (GDP), demographics,
acceptance, inflation rate and others. The market is categorized based on type
of robot system, herd size, components and geography.
Asia Pacific is expected to hold the
largest market share in the next couple of years due to the increasing demand
for milk products & milk and growing herd sizes in developing countries
such as India and China. Additionally, increasing adoption of various automatic
milking systems, technological advancements, growing dairy farms and increasing
awareness among farmers regarding various latest automatic milking technologies
are the factors driving the growth of market in this region.
The key players contributing to the
robust development of the milking robots market include DeLavalInc., GEA Group
AG,BouMatic, Lely Holding S.A.R.L., Fullwood Ltd., Fullwood Ltd., SCR Dairy
Inc., BouMatic LLC, Afimilk Ltd., Hokofarm Group B.V., S.A. Christensen &
Co., DairyMaster Ltd. and Livestock Improvement Corporation Ltd. These market
players are focusing on inorganic growth to sustain themselves amidst fierce
competition. As such, mergers, acquisitions, and joint ventures are the need of
the hour.
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