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Milking Robots Market by Offering, System Type, Herd Size, Geography - Global Forecast to 2023

Milking Robots Market: Global Forecast until 2023

  • July 2017
  • 140 pages
  • ID: 5044770
In this report:
The single-stall unit segment registered the highest shipment of ##,##.## units in 2016 and is expected to reach ##,##.## units by 2023, at a CAGR of ##.##% during the forecast period.
The shipment for the AMR segment is expected to reach ##,##.## units by 2023, at the highest CAGR of ##.##% during the forecast period.

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"Milking robots market forecasted to grow at a CAGR (Compound annual growth rate) of ~11.1 percent from 2017 to 2023"

The milking robots market is forecasted to be worth ~$2.5B by 2023, increasing at a compound annual growth rate (CAGR) of ~11.1 percent between 2017 and 2023. The growing adoption of automated milking systems owing to different benefits combined with them, including less dependency on manual labor, rised milk yields due to more frequent milking, and reduced labor cost, is a main driving factor for the milking robots market. A main factor restraining the increase of the milking robots market is the high initial investments. Milking robots need high initial investments, efficient management tools, and skilled and knowledgeable farmers for uninterrupted and effective use of automated milking systems.

"Milking robots market for automated milking rotary forecasted to grow at topmost cagr during projection period"

On the basis of system type, the milking robots market has been categorized into single-stall unit, multi-stall unit, and automated milking rotary. The industry for automated milking rotary is anticipated to grow at the highest compound annual growth rate (CAGR) during the outlook period. Automated milking rotary has the ability to milk larger herd size and is flexible enough to operate in distinct farming practices-from free stall and loose housing to pasture-based dairying. This is the main reason for the important increase of automated milking rotary systems between 2017 and 2023.

"EU recorded for most important share of milking robots market in 2016"

Europe (EU) recorded for the biggest share of the milking robots market in 2016. The milking robots market in EU is influenced by several factors, including technological advancements in automated milking systems and the early adoption of different milking robotics technologies in the territory. Europe (EU) is anticipated to offer a huge platform for the increase ot the milking robots market. European countries including Germany, the UK, the netherlands (NL), and Denmark (DK) are the early adopters of milking robots, which is the main reason for the big size of the milking robots market in this area.

The breakup of primaries conducted during the market research is depicted below:

• By Company category: Tier 1 - 55 %, Tier 2 - 20.0 percent, and Tier 3 -25.0 percent

• By Description: C-Level Managers - 57.0 percent, Directors - 29.0 percent, and Others - 14.0 percent

• By Area: Americas - 40.0 percent, EU - 30.0 percent, Asia-Pacific - 20.0 percent, and rest of the world - 10.0 percent

The top players operating in the milking robots market are DeLaval Holding AB, GEA Group AG, Lely Holding S.A.R.L., SCR Dairy Inc., S.A. Christensen & Co., Fullwood Ltd, Afimilk Ltd, BouMatic LLC, Hokofarm Group B.V., DairyMaster Ltd, and Livestock Improvement Corp Ltd..

Segment Research

This business report includes the milking robots market based on offering, herd size, system type, and area. On the basis of offering, the milking robots market has been split into hardware, software, and services. On the basis of herd size, the milking robots market has been divided into below 100, between 100 and 1,000, and above 1,000. On the basis of system type, the milking robots market has been categorized into single-stall unit, multi-stall unit, and automated milking rotary. On the basis of area, the sector has been broken down into Americas, Europe (EU), Asia-Pac, and RoW.

Main highlights

• this business report includes the industry statistics pertaining to offering, application, system type, and area, together with their respective market sizes.

• In-depth review of the value chain has been done to furnish a detailed insight into the milking robots market.

• Major drivers, market restraints, opportunities, and alternatives for the milking robots market have been precised in this industry report.

• Illustrative segmentation, study, and estimate for the industries on the basis of offering, application, system type, and area have been conducted to provide an global view of the milking robots market.

• The report includes an exhaustive competitive analysis, containing top players and complete study and ranking of the main actors.

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