New York, NY, May 08, 2023 (GLOBE NEWSWIRE) -- Polaris Market Research has published a new research report titled “Milking Robots Market Share, Size, Trends, Industry Analysis Report, By System Type (Single-Stall Unit, Multi-Stall Unit, and Automated Milking Rotary); By Offering; By Herd Size; By Region; Segment Forecast, 2023 - 2032” in its research database.
“As per the latest research analysis, the global milking robots market size/share will be valued at roughly USD 2,425.01 Million in 2022, and its revenue is projected to reach about USD 7,474.68 Million By 2032. The market is forecasted to expand at a compound annual growth rate of approximately 11.9% between 2023 and 2032.”
What are Milking Robots? How Big is Milking Robots Market Size & Share?
- Overview
Milking robots are automatic milking system which was developed to perform milking without human intervention. There are 2.5 to 3 milking every day on average. A 10-15% increase in production is the outcome. Compared to conventional milking, incorporating milking robots in a farm requires a different approach. Automatic milking systems gather data on milk production, quality, and cow health, which enables farmers to better manage their herds.
There are a number of advantages of milking robots, such as reduced labor requirements, increased frequency of milking, consistency, and management of the herd. The technology is becoming increasingly popular in dairy farming as a way to increase efficiency and reduce labor costs. The increased growth in herd sizes and the rising development of innovative and advanced automated technologies that offer various dairy services such as herd management, dairy farm management, and milking operations are anticipated to drive the milking robots market size during the forecast period.
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(The sample of this report is readily available on request. The report sample contains a brief introduction to the research report, a Table of Contents, a Graphical introduction of regional analysis, Top players in the market with their revenue analysis, and our research methodology.)
Our Sample Report Covers:
- 2032 Updated Report Introduction, Overview, and In-depth industry analysis.
- 115+ Pages Research Report (Inclusion of Updated Research).
- Provide Chapter-wise guidance on Requests.
- 2023 Updated Regional Analysis with Graphical Representation of Size, Share & Trends
- Includes Updated List of tables & figures.
- Updated Report Includes Top Market Players with their Business Strategy, Sales Volume, and Revenue Analysis.
Some of the Top Players Are:
- GEA Group
- S.A. Christensen & Co.
- Fullwood Packo
- Afimilk Ltd.
- Hokofarm Group B.V.
- DIARYMASTER
- DeLaval Inc.
- Bella AG LLC
- Interplus S.P.A.
- Lely Holdings
- Cowchips LLC
- Boumatic LLC
- Read Industrial Ltd.
- System Happel GmbH
- Stellapps Technologies Pvt Ltd.
- Pearson International LLC
- Paul Mueller Company
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Prominent Growth Driving Factors
- Growing demand for dairy products: Increasing demand for dairy products in the food industry pushes market growth. This is because milk and milk products have nutritional properties. Also, the demand for dairy products is increasing from the food and beverages industries which is majorly boosting the milking robots market demand.
- Rising popularity of robotic milking: This automatic milking system potentially increases the milk output per cow, reduces tension on the udder, and improves the cow's comfort, which has led to an increase in its popularity. This is one of the major factors supporting the milking robot market growth.
- High cost of labor: Milking robots reduces labor requirement as it operates automatically. Thus, the high cost of labor has led to the higher adoption of milking robots for different operational purposes across the world, which is propelling the market demand and growth of milking robots.
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Top Report Findings:
- Introduction to innovative and advanced automated technologies and increasing demand for milk and milking products from the food industry drive the industry expansion.
- The market is segmented based on system type, offering, herd size, and region.
- By geography, Europe witnessed the largest market share in 2022
Recent Trends Influencing the Market
- Investments in robotic solutions for the dairy industry: A surge in investments by the leading milking robots market key players in research & development activities to establish and launch advanced robotic solutions to fulfill the requirement for the dairy industry, which is expected to create growth opportunities for the market.
- Launch of the next-gen milking robot: For instance, in July 2022, for US dairy farmers, AMS Galaxy just announced the release of their most advanced next-generation automated milking technology. With the new robot's high efficiency, dependability, and improved durability, farmers will be able to simply control their operating equipment expenses and increase their profitability and income.
- Robotic data tracking: The ability of robot systems to efficiently track various important information like the data on cow rumination, the electrical conductivity of the milk, and the amount of milk a specific dairy animal produces is likely to fuel the market evolution in the coming years.
Segmental Analysis
- Multi-stall unit segment dominated the market in 2022
Based on system type, the multi-stall unit category held the largest milking robots market share in 2022 and is expected to maintain its dominance during the forecast period. This growth can be attributed to the rise in requirement and demand for milk and dairy products coupled with high implementation on developing these systems to run the milking operation simultaneously. Further, the growing adoption of multi-stall units from various small and medium-sized enterprises in order to increase efficiency, deliver an early return on investment, and further cut capital expenditure are some of the milking robots market trends positively influencing its growth.
- Hardware segment accounted for a significant revenue share in 2022
Based on offering milking robots market segmentation, the hardware category registered a significant market share in 2022 owing to the increased adoption of milking robots, various technological developments made by leading market players, and increasing demand for dairy products in both developed and emerging nations. Furthermore, the consequent increase in the number of dairy cows across the world is predicted to accelerate the segment demand.
- Between 100-100 is expected to grow at the fastest rate during foreseen period
By herd size, the 100-100 category is anticipated to expand at the fastest growth rate over the forecast period due to the growing demand for milk and milk products across several countries, along with the increasing emphasis on medium-sized dairy farms to set up multi-stall or rotating milking robots in order to improve production, enhance output through herds, and increase efficiency.
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Milking Robots Market: Report Scope & Coverage
| Report Attribute | Details |
| Revenue forecast in 2032 | USD 7,474.68 Million |
| Market size value in 2023 | USD 2,708.49 Million |
| Expected CAGR Growth | 11.9% from 2023 – 2032 |
| Base Year | 2022 |
| Forecast Year | 2023 – 2032 |
| Top Market Players | GEA Group, S.A. Christensen & Co., Fullwood Packo, Afimilk Ltd., Hokofarm Group B.V., DIARYMASTER, DeLaval Inc., Bella AG LLC, Interplus S.P.A., Lely Holdings, Cowchips LLC, Boumatic LLC, Read Industrial Ltd., System Happel GmbH, Stellapps Technologies Pvt Ltd., Pearson International LLC, and Paul Mueller Company. |
| Segments Covered | By System Type, By Offering, By Herd Size, By Region |
| Customization Options | Customized purchase options are available to meet any research needs. Explore customized purchase options |
Geographic Overview
Europe: The region held the largest revenue share in milking robots market in 2022 and is expected to continue to dominate the market during the forecast period. The key factors supporting the regional market growth include the presence of major manufacturers of milk-related products, large investments in research and development activities in nations like the UK, Germany, and France, and demand for milk commodities in the region.
Asia Pacific: The region is expected to register the fastest growth in the market owing to the growing average herd size, increased development of technological upgradation among other economies, and implementation of milk production centers in nations like China, Indonesia, and India. Moreover, numerous Asian countries' populations are expected to increase significantly over the forecast period, and there will also be an increase in the number of animal-rearing operations, which is estimated to enhance market growth.
Browse the Detail Report “Milking Robots Market Share, Size, Trends, Industry Analysis Report, By System Type (Single-Stall Unit, Multi-Stall Unit, and Automated Milking Rotary); By Offering; By Herd Size; By Region; Segment Forecast, 2023 - 2032” with in-depth TOC: https://www.polarismarketresearch.com/industry-analysis/milking-robots-market
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Recent Developments
- In January 2022, A milking robot called "ROBOMAX" was unveiled by a Quebec company. The farmers can choose between one and four milkings per day. This technology allows for real-time milk analysis and gives users access to data such as lactation curves and information on milk cleanliness and rearing.
- In August 2022, DeLaval unveiled a revolutionary method for milking cows that efficiently adapts to their natural milk in order to reduce time and improve animal welfare. The DeLaval Flow-Responsive system's first two products, Flow-Adjusted Vacuum, and Flow-Adjusted Stimulation, will be made available for rotaries and parlors.
The Report Answers Questions Such as
- What is the market size and forecast of the industry?
- What are the inhibiting factors and impact of key factors shaping the market during the forecast period?
- Who are the key players operating in this market?
- Which application/end-user or product type may seek incremental growth prospects?
- What are the most significant challenges the market could face in the future?
- What growth strategies are the players considering to stay in the market?
Polaris Market Research has segmented the milking robots market report based on system type, offering, herd size, and region:
By System Type Outlook
- Single-Stall Unit
- Multi-Stall Unit
- Automated Milking Rotary
By Offering Outlook
- Hardware
- Software
- Services
By Herd Size Outlook
- Below 100
- Between 100 and 1000
- Above 1000
By Region Outlook
- North America (U.S., Canada)
- Europe (France, Germany, UK, Italy, Netherlands, Spain, Russia)
- Asia Pacific (Japan, China, India, Malaysia, Indonesia. South Korea)
- Latin America (Brazil, Mexico, Argentina)
- Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)
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