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A37734 | Pages: 280 | Charts: 55 | Tables: 109 |
The Global Milking Robots Market was valued at $1.7 billion in 2021, and is projected to reach $7 billion by 2031, growing at a CAGR of 15.3% from 2022 to 2031. Milking robots are made to best meet the farmer's preferences and requirements. Labor and operational costs are expected to rise as a result of rising demand for dairy products and subsequent expansion in dairy farms worldwide.
Milking automation technology, such as milking robots, can dramatically reduce labor costs on dairy farms by improving milk output. Not only do milking robots minimize manual labor, but they also increase the number of times a single cow can be milked, hence boosting the output.
The training provided to the cows at dairy farms has a significant impact on the functionality and usefulness of milking robots. Cows need to adjust to the systems in order to operate more effectively. One of the main things that is anticipated to impede the market is inadequate training. Furthermore, the majority of farm owners worldwide own small to medium-sized farms, and investing heavily in advanced and automated solutions may result in financial losses. This is especially prevalent in emerging economies such as India, Brazil, and China, where farm herd sizes are small and the livestock industry is unorganized.
The milking robots industry players are investing a lot of effort on the research and development of smart and unique strategies to sustain their growth in the market. These strategies include product launches, mergers & acquisitions, collaborations, partnerships, and refurbishing of existing technology. In August 2021, The National Gas Company of Trinidad and Tobago Limited (NGC) inked a Consolidated Gas Supply Contract (CGSC) with Milking Robots Holdings (Trinidad) Limited (MHTL), a part of the Proman family of companies, which is also the largest milking robots producer in the world. The agreement is supposed to upkeep operations at the MHTL Milking robots Complex, which includes one of the world’s most competent producers of low carbon milking robots -- the mega-Milking Robotic M5 plant.
The milking robots market is segmented into Herd Size, System and Offering.
The global milking robots market is segmented on the basis of system, offering, herd size, and region. By system, the market is sub-segmented into single-stall milking system, multi-stall milking system, and rotary milking system. By offering, the market is sub-segmented into software, hardware, and services. By herd size, the market is classified into less than 100, between 100 to 1,000, and more than 1,000. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
[HERDSIZEGRAPH]
By herd size, the less than 100 sub-segment dominated the global milking robots market share in 2021. Robotic milking system are widely used by dairy farm proprietors with herd sizes of between 100 and 1,000 cows because they make it possible to milk several cows at once, increasing milk production. Multi-stall automatic milking is preferred by farms with herds of 100 to 1,000 cows. In such units, a single robot arm can milk up to 500 cows at once and can serve two or more stalls, making it easier and more convenient for farms with bigger herds.
[SYSTEMGRAPH]
By system, the multi-stall milking system sub-segment dominated the market in 2021. Multi-stall models accounted for roughly 44% of the worldwide market share. Due to rising demand for milk and milk products, significant investment in farming technology, and expensive on-farm labor costs, the market is anticipated to witness significant growth. Rising average herd size and technological advancement are expected to drive substantial growth in milking robots adoption in these areas. These are predicted to be the major factors affecting the milking robots market size during the milking robots market forecast.
[OFFERINGGRAPH]
By offering, the hardware sub-segment dominated the global milking robots market share in 2021. The milking robot was developed to improve the efficiency and productivity of the milking process. Because robot suppliers wished to keep the data to themselves, it used to be a stand-alone system. However, most robots have become compatible with a wide range of other technologies and devices over the years, and data flows between systems are being encouraged, which is a positive development. Integrating AMS technology with other systems and sensor technology improves cow health and welfare while allowing farmers to respond faster and make better, more informed choices.
[REGIONGRAPH]
By region, Europe dominated the global milking robots market overview market in 2021 and is projected to remain the dominating sub-segment during the forecast period. Growing demand of dairy product and subsequent increase in number of dairy farms in Europe is expected to drive the milking robots market growth in this region. A rise in livestock rearing operations has resulted from the region's expanding population and the ensuing rise in demand for milk and dairy products, opening up possibilities for the adoption of automated milking techniques like milking robots. Additionally, it is anticipated that the demand for milking automation solutions will increase as a result of the fast urbanization and economic growth in nations like the UK, Germany, and Spain as well as the rising demand for automatic milker and other dairy products.
The key players profiled in this report include 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 NZ LP.
Key Market Segments
Key Market Players