Global Milking Robots Market 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 industry. Milking Robots Market report will help you take expert decisions, recognize opportunities, plan effective professional tactics, plan new schemes, analyse drivers and restraints and give you a vision on the Milking Robots Market forecast.
The Milking Robots Market report discusses the primary industry growth
drivers and challenges that the vendors and the market as a whole face and
provides an overview of the key trends emerging in the market. It also talks
about the market size of different segments and their growth aspects along with
key leading countries in Americas, Asia-Pacific, Europe, the Middle East, and
Africa regions.
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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.
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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