Milking Robots Market Growth and Development Insight - Size, Share, Growth, and Industry Analysis
The recent analytical report published by Markntel Advisors (a leading consulting, data analytics, and market
research firm), Milking Robots Market comprises a detailed study of critical
and major aspects of market dynamics, i.e. market trends, size, forecasts,
growth factors, challenges, and competitor landscape.
In-Depth
Market Overview of Milking Robots Industry (2024-2030):
According to the latest report, The Global Milking Robots Market size was valued at USD 2.59 billion in 2023 and
is projected to reach USD 4.94 billion by 2030. The market is
estimated to grow at a CAGR of around 11.3% during the
forecast period, i.e., 2024-30. The report demonstrates the prominent factors
propelling the exponential growth of the Milking Robots industry.
Key
Takeaways: Beneficial for Stakeholders and Clients:
·
Historical Data: 2019-22
·
Base Year: 2023
·
Forecast Period: 2024-30
·
CAGR: 11.3%
·
Market Value In (2023): USD 2.59
Billion
·
Market Value By (2030): USD 4.94
Billion
What are the major Challenge
facing the global Milking Robots industry?
High Initial Expenditure &
Maintenance Cost to Impede Market Growth - Milking
Robots have immense potential to improve milking practices and revolutionize
the dairy industry. However, the high cost of milking robots significantly
impacts market growth by limiting accessibility and slowing down its widespread
utilization. The high cost further restricts smaller dairy farms from adopting
such technologies and continuing with conventional milking practices. Even if
certain facilities might afford it, the maintenance cost remains high. Hence,
despite the potential to enhance milk production, the high cost, hinders the
widespread adoption & access to milking robots. Further, in countries like
Africa, Vietnam, India, etc. there are dairy farmers who do not have adequate
knowledge and expertise to utilize these milking robots for their benefits. All
this thereby negatively impacts the Global Milking Robots Market.
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Milking Robots Market
Segmentation
The Milking
Robots Market analysis of Markntel Advisors explores the industry by
emphasizing the growth parameters and categorizes including geographical
segmentation, to offer a comprehensive understanding of the market
dynamic. The further bifurcations are as
follows:
- By Offering
- Hardware-
Market Size & Forecast 2019-2030, (USD Million)
- Automation
& Control Devices- Market Size & Forecast 2019-2030, (USD
Million)
- Robotic
Arm Devices- Market Size & Forecast 2019-2030, (USD Million)
- Control
and Display Units- Market Size & Forecast 2019-2030, (USD
Million)
- Milk
meters- Market Size & Forecast 2019-2030, (USD Million)
- Milk
Analyzers- Market Size & Forecast 2019-2030, (USD Million)
- Cleaning
and Detection Systems- Market Size & Forecast 2019-2030, (USD
Million)
- Others-
Market Size & Forecast 2019-2030, (USD Million)
- Sensing
and Monitoring Devices- Market Size & Forecast 2019-2030, (USD
Million)
- Sensors-
Market Size & Forecast 2019-2030, (USD Million)
- Temperature Sensors- Market Size &
Forecast 2019-2030, (USD Million)
- Environmental Sensors- Market Size &
Forecast 2019-2030, (USD Million)
- RFID
Tags & Readers- Market Size & Forecast 2019-2030, (USD
Million)
- Camera
Systems- Market Size & Forecast 2019-2030, (USD Million)
- Others-
Market Size & Forecast 2019-2030, (USD Million)
- Software-
Market Size & Forecast 2019-2030, (USD Million)
- Cloud-Based-
Market Size & Forecast 2019-2030, (USD Million)
- On-premises-
Market Size & Forecast 2019-2030, (USD Million)
- Services-
Market Size & Forecast 2019-2030, (USD Million)
- System
Integration and Consulting Services- Market Size & Forecast
2019-2030, (USD Million)
- Managed
Services- Market Size & Forecast 2019-2030, (USD Million)
- Connectivity
Services- Market Size & Forecast 2019-2030, (USD Million)
- Assisted
Professional Services- Market Size & Forecast 2019-2030, (USD
Million)
- Supply
Chain Management Services- Market Size & Forecast 2019-2030, (USD
Million)
- Climate
Information Services- Market Size & Forecast 2019-2030, (USD
Million)
- Others-
Market Size & Forecast 2019-2030, (USD Million)
- Maintenance
& Support Services- Market Size & Forecast 2019-2030, (USD
Million)
- By System Type
- Single-Stall
Unit- Market Size & Forecast 2019-2030, (USD Million)
- Multi-Stall
Unit- Market Size & Forecast 2019-2030, (USD Million)
- Automated
Milking Rotary- Market Size & Forecast 2019-2030, (USD Million)
- By Herd Size
- Upto 100- Market
Size & Forecast 2019-2030, (USD Million)
- Between 100 and
1000- Market Size & Forecast 2019-2030, (USD Million)
- Above 1000- Market
Size & Forecast 2019-2030, (USD Million)
- By Actuator
- Electric- Market
Size & Forecast 2019-2030, (USD Million)
- Hydraulic- Market
Size & Forecast 2019-2030, (USD Million)
- Pneumatic- Market
Size & Forecast 2019-2030, (USD Million)
- By Species
- Dairy Cattle- Market
Size & Forecast 2019-2030, (USD Million)
- Goats- Market Size
& Forecast 2019-2030, (USD Million)
- Sheep- Market Size
& Forecast 2019-2030, (USD Million)
- By Region
- North America
- South America
- Europe
- The Middle East
& Africa
- Asia-Pacific
As per
the regional aspect, the Milking Robots Market is expected to be dominated by
North America by capturing the potential market share.
Explore further details about
this research report - https://www.marknteladvisors.com/research-library/milking-robots-market.html
Top
Companies in the Milking Robots Market
Delaval, GEA Group AG, Lely, Nedap Livestock
Management, Boumatic, Fullwood Joz, System Happel GMBH, AMS Galaxy USA, Waikato
Milking Systems, Dairy Master, Mirobot, Milk Plan, Milkwell Milking Systems,
Prompt Dairytech, ADF Milking Ltd. And Others
Global Milking
Robots Market Recent Development
2024: DeLaval announced the launch of its new
automated batch-milking system called VMS™ Batch Milking system.
2023: BouMatic Group unveiled the next-generation
Gemini milking robot, named Gemini UP with a focus on providing best milking
practices, cow comfort, and lowering energy consumption.
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spectrum of activities, including precise market sizing, detailed segment
analysis, accurate demand forecasting, competitor identification, and
meticulous pricing trend monitoring.
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