Milking Robots Market to Hit USD 4.94 billion by 2030, Driven by Rising Trends and Innovation
The Global Milking Robts Market size was valued at USD 2.59 billion in 2023 and is projected to reach USD 4.94 billion by 2030. The market is estimated to grow at a CAGR of around 11.3% during the forecast period, i.e., 2024-30.
The Global Milking Robts Market size was valued at USD 2.59 billion in 2023 and is projected to reach USD 4.94 billion by 2030. The market is estimated to grow at a CAGR of around 11.3% during the forecast period, i.e., 2024-30.
Key Findings of the Study: Milking Robots Market
Global Milking Robots Market Driver: Heightened Focus on Limiting Manual Labour Requirement Enhances Market Growth
Managing and milking cows in dairy farms requires dedicated manpower. Also, as the demand for dairy products increases globally, the need for cows and other milk-producing animals rises. This results in an increased need for labor to manage farm animals and for milking purposes. However, this becomes a burden for dairy farm owners with limited labor resources & large farmlands, who face the challenge of higher overall labor costs and operating expenses. As a result, they have started investing in automation technology and adopting milking robots for their farm’s day-to-day milking operations. This allows them to reduce the burden of manual labor and associated costs, eventually contributing to market growth.
Further, these milking robots not only reduce labor needs and costs but also improve productivity by increasing the number of times a single cow can be milked. This becomes crucial for farm owners as milking through manual labor has always been associated with inconsistencies due to differences in milking technique, human error, etc. Hence, based on the mentioned factors, the Global Milking Robots Market is expected to witness considerable growth in the coming years.
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Scope of the Report and Milking Robots Market Segmentation
By Offering
-Hardware
–Automation & Control Devices
—Robotic Arm Devices
—Control and Display Units
—Milk meters
—Milk Analyzers
—Cleaning and Detection Systems
—Others
–Sensing and Monitoring Devices
—Sensors
—-Temperature Sensors
—-Environmental Sensors
—RFID Tags & Readers
—Camera Systems
—Others
-Software
–Cloud-Based
–On-premises
-Services
–System Integration and Consulting Services
–Managed Services
–Connectivity Services
–Assisted Professional Services
—Supply Chain Management Services
—Climate Information Services
—Others
–Maintenance & Support Services
By System Type
-Single-Stall Unit
-Multi-Stall Unit
-Automated Milking Rotary
By Herd Size
-Upto 100
-Between 100 and 1000
-Above 1000
- During the forecast period, farms with a herd size exceeding 1,000 are poised to experience rapid market growth.
By Actuator
-Electric
-Hydraulic
-Pneumatic
By Species
-Dairy Cattle
-Goats
-Sheep
Top leading companies in the Milking Robots Market includes:
Delaval, GEA Group AG, Lely, Nedap Livestock Management, Boumatic, Fullwood Joz, System Happel GMBH, AMS Galaxy USA, Waikato Milking Systems, Dairy Master, Mirobot, Milk Plan, Milkwell Milking Systems, Prompt Dairytech, ADF Milking Ltd. And Others
Milking Robots Market Development
- 2024: DeLaval announced the launch of its new automated batch-milking system called VMS™ Batch Milking system.
- 2023: BouMatic Group unveiled the next-generation Gemini milking robot, named Gemini UP with a focus on providing best milking practices, cow comfort, and lowering energy consumption.
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Geographical analysis:
North America: US, Canada, Mexico
Europe: Germany, The UK, France, Spain, Italy, Rest of Europe
Asia-Pacific: China, India, Japan, South Korea, Australia, Rest of Asia-Pacific
South America: Brazil, Argentina, Rest of South America
Middle East & Africa: UAE, Saudi Arabia, South Africa, Rest of MEA
- Europe is expected to hold a significant market share in the Global Milking Robots Market.
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