Global Milking Robots Market - 2023-2030
Market OverviewThe global milking robots market reached US$ XX million in 2022 and is projected to witness lucrative growth by reaching up to US$ XX million by 2030. The market is growing at a CAGR of 16.7 % during the forecast period (2023-2030).
Maximizing daily milk output is essential for the dairy sector to increase earnings. In comparison to conventional approaches that rely on human labor to tend to individual animals, researchers have shown that utilizing robots to milk herds can result in a 5%–10% boost in production. Some of the main drivers of market growth are the rising trend of automation and the existence of numerous market players.
Market DynamicsTechnological advancements in the milking robots market drives the growth
Milking robots integrated with the SCC monitor sensor proactively analyzes milk flow continuously throughout the milking process. Moreover, it collects reliable data in real-time, eliminating chemical reagents, to help detect mastitis early. For instance, in July 2021, GEA launched a new generation of dairy robot R9500 and DairyProQ automatic milking systems. The product is expected to significantly enhance the milking technology module, the in-liner everything milking process and the MilkRack milking technology module, including several other benefits.
Growing interest in precision dairy herd management
Due to numerous benefits offered by the management system and increased adoption rates, the global market for dairy herd management is expected to grow at a large rate over the forecast period. An increase in the product launches by major players for precision herd management helps to boost segment growth. For instance, in 2020, Afimilk Ltd. (Israel) launched AfiCollar, an integrated system for milking and cow monitoring using an advanced neck collar.
COVID-19 Impact AnalysisThe COVID-19 analysis includes Pre-COVID Scenario, COVID Scenario and Post-COVID Scenario along with pricing dynamics (including pricing change during and post-pandemic comparing it with pre-COVID scenarios), demand-supply spectrum (shift in demand and supply owing to trading restrictions, lockdown and subsequent issues), government initiatives (initiatives to revive market, sector or industry by government bodies) and manufacturers strategic initiatives (what manufacturers did to mitigate the COVID issues will be covered here).
Segment AnalysisThe global milking robots market is segmented based on type, herd size and region.
Owing to the profitability of large herd sizes
The milking robots market has been segmented by herd size as <100 Cows, 100-200 Cows, and >200 Cows.
In 2022, the >200 cows segment accounted approximately 16.4% market share in the global milking robots market. >200 cows herd size accounted for the largest market share due to an increase in the use of milking robots to reduce labor costs. Robotic milking systems for large herds are frequently put in modules, with each group of cows having access to 4-6 robots. The robotic rotary offers around 1,400-1,600 milking chances per day depending on the farm system, management style and voluntary or batch milking.
Geographical AnalysisIncrease in major players focusing on the milking robots in the region
By region, the global milking robots market is segmented into North America, South America, Europe, Asia-Pacific, Middle-East and America.
In 2022, Asia Pacific region accounted for approximately 15.63% of market share in the global milking robots market. Asia Pacific is the dominating region due to the increase in the working woman population in developing countries like India and China. Australia plays a major role in milking robots due to its growing number of dairy farms in the past couple of years. For instance, a growing number of Australian dairy farmers are considering purchasing an automatic milking system, reports global dairy on December 15, 2022. (AMS). One in three dairy farmers in the country would think about installing milking robots.
Competitive LandscapeThe major global players include GEA Group Aktiengesellschaft, Fullwood Packo, Lely, DeLaval, BouMatic, Dairymaster, Afimilk Ltd., Daritech Inc., E-Zee Milking Equipment, LLC, and Westmoor, Ltd.
Why Purchase the Report?• To visualize the global milking robots market segmentation based on type, herd size and region and region, as well as understand key commercial assets and players.
• Identify commercial opportunities by analyzing trends and co-development.
• Excel data sheet with numerous data points of milking robots market-level with all segments.
• PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
• Product mapping available as Excel consisting of key products of all the major players.
The global milking robots market report would provide approximately 53 tables, 41 figures and 195 Pages.
Target Audience 2023
• Manufacturers/ Buyers
• Industry Investors/Investment Bankers
• Research Professionals
• Emerging Companies