Milking Robots Market Is Witnessing High Growth At 11.8% CAGR By 2025 | Grand View Research, Inc.

April 15 02:37 2021
Milking Robots Market Is Witnessing High Growth At 11.8% CAGR By 2025 | Grand View Research, Inc.

“Grand View Research, Inc. – Market Research And Consulting.”
The global Milking Robots Market is anticipated to set a new growth story as the global economy emerges from the Covid-19 shutdown and the growing investments in the technology employed for milking and washing livestock in the dairy farming industry, finds Grand View Research, Inc. This rise in market value can be accredited to the benefits such as reduced labor cost due to the adoption of automation technologies on dairy farms.

The global milking robotics market size is anticipated to reach USD 2.61 billion by 2025, registering a CAGR of 11.8% during the forecast period. The market is driven by the rising need for automation technologies, demand for milk and milk products, and high labor costs.  Robotics and automation have benefited the overall production of dairy products. This is encouraging the use of automation in the dairy farming industry. Robots and automation have widespread application in primary livestock activities that include cleaning teats, collecting and routing animals, and milking operations.

Apart from milking operations, the technology also facilitates other dairy functions such as herd management and dairy farm management. The key market players are investing in research and development activities to strengthen their foothold in the global market space and to introduce innovative robotic systems to meet the emerging demands of dairy products. The growing demand for robotic solutions and economic growth in a number of emerging countries are also providing new growth avenues for manufacturers. 

Milking Robots Market Report Highlights

 Based on systems, the multi-stall unit and rotary system segments are set to grow at a staggering rate due to the increasing herd size in dairy industries and rising adoption of multi-stall unit system

The single-stall unit segment dominated the market in 2016 and accounted for the highest revenue share

• 100-1,000 animal herd size segment is projected to showcase the highest growth rate by 2025 due to its high operational efficiencies in dairy farms

• Europe was the leading regional segment in 2016 and this can be attributed to the prominent advancements made in technology and R&D in the dairy industry

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Milking Robots Market Segmentation

Grand View Research has segmented the global milking robots market based on type of robotic system, herd size, and region:

Milking Robotics Type of Robot System Outlook (Revenue, USD Million, 2014 – 2025)

     Single-Stall Unit
     Multi-Stall Unit
     Rotary System

Milking Robotics Herd Size Outlook (Revenue, USD Million, 2014 – 2025)

     Up to 100
     Between 100-1,000
     Above 1,000

Milking Robotics Regional Outlook (Revenue, USD Million, 2014 – 2025)

     North America
        • The U.S.
        • Canada
        • Germany
        • The U.K.
        • France
     Asia Pacific
        • China
        • India
        • Japan
     Rest of the World

List of Key Players of Milking Robots Market

    • DeLaval, Inc.
    • BouMatic
    • GEA Group AG
    • Fullwood Ltd.

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About Grand View Research

Grand View Research is a U.S. & India-based market research and consultancy firm. It is headquartered in San Francisco. Grand View Research is an India & U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services.

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