According to a report published by Grand View Research, Inc.; the global milking robots market is anticipated to reach around USD 2.61 billion by 2025. Burgeoning labor costs, demand for milk and milk products, and automation can propel the market during the forecast period (2014 to 2025).
Growing herd sizes and advancements in automation technologies are expected to be some of the major market drivers. Key applications of milking robots includes cleaning teats, milking operations, and collecting and routing animals. Adoption of robotics and automation expertise has enhanced operational efficiencies and production capacities. These technologies enable automation of different dairy applications including dairy farm management, milking operation, and herd management. Employment of robotics technology decreases the requirement of labor and helps maintain product quality. all these factors are anticipated to positively influence market growth in the forthcoming years.
The worldwide milking robots market can be segmented on the basis of type, herd size, and region. Based on type, the market can be trifurcated into single-stall, multi-stall, and rotary system. Designed as per specific requirements of dairy farmers, these devices can simultaneously milk single or multiple animals based on the size of herds. In 2016, the single-stall unit segment held the highest market share. Low costs and simple operation are the primary factors impelling adoption og these products.
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The multi-stall segment is anticipated to expand rapidly with a CAGR of around 13.0% during the estimated period. Growth in herd size has boosted the implementation of these systems. Higher efficiency in milk production, consistent product quality, and reduces labor costs are anticipated to propel adoption of these systems over the forecast period.
As per herd size, the market for milking robots can be split into up to 100, between 100 to 1,000, and above 1,000. Implementation of robotic milking systems mainly depends on the number of animals. The ‘between 100 to 1,000’ and ‘above 1,000’ segments are likely to showcase higher CAGR during the forecast period. These robots are designed to deliver high operational efficiencies by milking more number of animals. This has increased adoption of these systems among dairy farmers.
Geographically, the market can be divided into North America, Europe, Asia Pacific, and Rest of the World (RoW). In 2016, Europe held a significant market share due to high penetration of robotics, existence of established robotics solution providers, and rapid technological advancements. In addition, escalating labor costs in milking industry has impelled adoption in the region.
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Asia Pacific is projected to grow at a rapid pace during the forecast period. Increasing demand for milk in developing countries is expected to spur regional market growth over the forecast period. High demand for milk and milk products and rise in herd sizes in India and China are expected to further boost demand for milking robots in the forthcoming years.
In North America, U.S. is projected to display high growth over the forecast period. Increasing number of well-known manufacturers and existence of advanced robotics infrastructure are key market drivers. High demand for multi-stall units and rotary systems is anticipated to further increase during the forecast period.
Key players operating in the milking robots market include DeLaval, Inc.; Lely Holding S.A.R.L.; GEA Group AG; Lely Holding S.A.R.L.; and Fullwood Ltd. Growing number of companies is anticipated to boost competition and decrease product cost during the forecast period. Market players are concentrating on research and development (R&D) activities to introduce advanced robotic solutions to meet the evolving requirements of dairy industry.
Rising demand for robotics and improving economic conditions in emerging countries are likely to create more opportunities for manufacturers in the market for milking robots. Major robotics system providers are from Europe. However, Asia Pacific is projected to provide attractive business opportunities in the years to come.
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