Global Milking Robots Market Report Size, Trends & Growth Opportunity, By Offering (Hardware, Software, Services), By Herd Size (Below 100, Between 100 and 1,000, Above 1,000), By Type (Single-Stall Unit, Multi-Stall Unit, Automated Milking Rotary), By Region (North America, Europe, Asia Pacific, Latin America, Middle East) And Forecast Till 2027.
Global Milking Robots Market
The Global Milking Robots Market is estimated to be USD 1.16 Bn in 2021 and is projected to reach USD 2.16 Bn by 2027, growing at a CAGR of 8.42%.
Automated milking systems that allow dairy farms to completely automate the milking process are called as Milking robots. These are classically intended to milk 60 cows, but commercial robots capable of milking up to 80 cows are available in the market. It is used to substitute physical labour in the milk collection process.
Market Drivers
The key factors that drive the growth of the global milking robots’ market are the nutritional properties of milk and milk product’s demand in food industry.
Moreover, Reduction in labour cost and greater emphasis on time adaptability are also a main factor that drives the market growth.
Also, the high demand for labour cost reduction through automation in dairy farms is anticipated to drive market growth and there is a high demand for technology in dairy farms because of the growing herd size, which is likely to drive market growth.
Market Restraints
The key factor that hampers the market growth is the initial cost of purchasing and maintaining these systems.
Furthermore, Inadequate training is anticipated to be a major factor hindering the market growth as the operation and usability of milking robots are highly dependent on the training provided to cows at dairy farms.
Market Segmentation
Milking Robots Market is segmented into major 4 categories. Based Offering, the market is segmented into Hardware, Software, Services. Based on Herd Size, the market is divided into Below 100, Between 100 and 1,000, Above 1,000. Based on Type, the market is segmented into Single-Stall Unit, Multi-Stall Unit, Automated Milking Rotary. Based on Region, the market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East.
Regional Analysis
Europe is accounted to lead the global milking robots’ market during the forecast period due to the large number of dairy farms and growing milk demand for milk production in the region boosting the sales of milking robots in Europe.
Asia Pacific and North America markets are expected to witness highest growth rate in forecast years due to the significant presence of manufacturers in the region. milk production centers are rising at a rapid pace, the growing average herd size, and implementation of technological upgradation are the main factors helping in this market expansion.
Market Key Players
Some of the key players operating in Global Milking Robots Market are Afimilk Ltd., BouMatic Robotics, Dairymaster, DeLaval (Tetra Laval), Fullwood Ltd., GEA Group AG, Lely Industries N.V., Read Industrial Ltd., System Happel and Waikato Milking Systems LP.
Industry development
In October 2021 DeLaval has announced the launch of two new products as part of its new Flow-Responsive milking system, which it claims could reduce milking time by up to 10%. The Flow-Adjusted Vacuum and Flow-Adjusted Stimulation have been launched by the dairy machinery company.
In September 2022 GEA is launching its DairyFeed F4500 feeding robot at EuroTier to help dairy farms reduce their carbon footprint and operating costs. The new feeder operates on sensor technology and can handle herds of up to 300 cows. It runs purely on electricity and can be recharged using renewable energies.
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