Milking Robots Market Size, Share & Growth | Forecast [2031]

Report Description

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.

Get Free Sample Report

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.

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.

Get Free Sample Report

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.

Get Free Sample Report