Milking Robots Market Outlook 2031
The global milking robots market size was USD 2.40 Billion in 2022 and is anticipated to reach USD 6.50 Billion by 2031, expanding at a CAGR of 11.7% during the forecast period, 2023-2031. The growth of the market is attributed to the automation in the dairy industry and increasing labor costs of workforce.
Milking robots are advanced machines that offer automatic milking system for dairy animals without human intervention or participation. Robotic milking decreases the labor demand on the dairy farm. Typical milking robots consist of various components such as tank, pulsator, vacuum pump & gauge, teat cups shell & liners, and regulator.
The robot offers several benefits including analyzing the health of cow, estimating the duration of milking process, and evaluating the quality of milk through sensors attached to it. These robots also provide data related to the milking and cow health condition, which can be further accessed through using smartphones and laptops. The process offer valuable insights, which can be used for increasing milk production.
The COVID-19 pandemic outbreak had a negative impact on the market. During the pandemic, the global supply and demand chain had been disrupted and global farmgate milk prices had significantly reduced. As a result, the profit from dairy farms decreased substantially due to the increased feed costs.
Additionally, the pandemic forced to shut down the manufacturing units, which had delayed the production of milking robots. The market is expected to recover soon as the emergency lockdown is gradually lifted and manufacturing plants are resuming their operations across the globe due to the sharp decline in the number of the COVID cases in many countries.
Milking Robots Market Trends, Drivers, Restraints, and Opportunities
- Rising demand of milk and milk products including cheese, butter, and cream across the globe is one of the key factors driving the market growth.
- Increasing herd size and the introduction of automation in the dairy industry are projected to boost the market during the forecast period.
- High cost of installation and maintenance of milking robots acts as a major challenge that can restrict the market growth in the coming years.
- Lack of standardization in dairy industry is expected to hamper the market growth during the projected timeline.
- Growing demand for milking robots from emerging economies is anticipated to create significant growth opportunities for the market.
Scope of Milking Robots Market Report
The report on the global milking robots market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
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Attributes
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Details
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Report Title
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Milking Robots Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
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Base Year
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2022
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Historic Data
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2016–2021
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Forecast Period
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2023–2031
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Segmentation
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Herd Sizes (Up to 100, Between 100-1,000, and Above 1,000) and Types of Robotic Systems (Rotary System, Single-stall Unit, and Multi-stall Unit)
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Regional Scope
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Asia Pacific, North America, Latin America, Europe, and Middle East & Africa
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Report Coverage
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Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
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Key Players Covered in the Report
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BouMatic LLC; Fullwood Packo; DeLaval, Inc.; and GEA Group AG
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Milking Robots Market Segment Insights
Herd Size Segment Analysis
On the basis of herd size, the global milking robots market is divided into up to 100, between 100-1,000, and above 1,000. The between 100-1,000 segment is estimated to expand at robust growth rate during the forecast period due to the increasing demand for milk and milk products across the globe.
Additionally, the dairy farm owners of herd size between 100-1,000 are adopting milking robots for higher operational efficiency, is major driver of the segment. However, the above 1,000 segment is projected to expand at a considerable CAGR during the forecast period attributed to the growing number of herds lead to a rise in milking activity, which increases the demand of milking robots.
Types of Robotic Systems Segment Analysis
Based on types of robotic systems, the market is segmented into rotary system, single-stall unit, and multi-stall unit. The multi-stall segment is expected to grow at a rapid pace during the forecast period due to the increasing herd size in the dairy industry.
Furthermore, the segment growth is further accelerated as multi-stall unit is adopted by small & medium size dairy farms to generate an early return on investment and gain optimized efficiency.
On the other hand, the rotary systems segment is anticipated to expand at a substantial CAGR in the coming years owing to features it provides, including low maintenance components and energy-efficient.
Regional Outlook
In terms of region, the global milking robots market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. Europe is anticipated to constitute a key share of the market during the projected period owing to the adoption and development of robotics technology and the presence of key global players in the region.
However, the market of Asia Pacific is anticipated to grow at a rapid pace during the forecast period due to the increasing demand for milk and milk products from emerging economies in the region.
Segments
The global milking robots market has been segmented on the basis of
Herd Sizes
- Up to 100
- Between 100-1,000
- Above 1,000
Types of Robotic Systems
- Rotary System
- Single-stall Unit
- Multi-stall Unit
Regions
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
Key Players
Competitive Landscape
Key players competing in the global milking robots market are BouMatic LLC; Fullwood Packo; DeLaval, Inc.; and GEA Group AG. Companies are focusing on investment in R&D to introduce innovative robotics solutions for meeting the evolving requirements of the dairy industry.
Furthermore, companies have widely engaged in strategic partnership, merger & acquisition, new product launch, and collaborations to boost their market share and acquiring new buyers.
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In May 2021, Fullwood Packo Ltd. announced a launch of batch milking set-up, the M²erlin Meridian for flexible milking system in the U.K. The newly launched system is beneficial for farms with a gazing platform to minimize the forage and improve the quantity and quality of milk and milking time.
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In July 2021, GEA Group AG introduced milking robots namely ‘automatic milking systems DairyProQ’ and ‘DairyRobot R9500’ to enhance milking technology. The robots are used to lower the maintenance cost, minimize system downtime, and improve serviceability.
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