The milking robots market is projected to reach USD 4.2 billion by 2027, at a CAGR of 11.7% during the forecast period.
Reduced labor costs due to automation in dairy farms and the growing awareness about the benefits of using automated milking solutions such as milking robots especially in large farms are some of the major factors driving the market growth.
Hardware segment to dominate the milking robots market during forecast period
Increasing adoption of milking robots, growing preference for automated hardware and systems, technological advancements by key players to introduce innovative products, growing demand for dairy products and subsequent increase in the number of dairy cows globally are some of the major factors driving demand for milking robots hardware.
Moreover, the increasing awareness about remote monitoring of dairy cows, identification and tracking of dairy cows with the help of sensor technology, and behavior monitoring and control of livestock on dairy farms are expected to fuel the demand for sensing and monitoring solutions for dairy farming during the forecast period.
Automated milking rotaries to register the highest CAGR in the milking robots market during the forecast period
The market for automated milking rotaries is expected to grow at the highest CAGR during the forecast period as these machines not only facilitate the milking of large herds but are also flexible enough to operate in different farming practices, ranging from free stall and loose housing to pasture-based dairying. Some of the benefits offered by automated milking rotaries include less dependency on manual labor and subsequently reduced labor cost, and increased milk yields due to more frequent milking.
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Key Market Players
The major players in the milking robots companies are DeLaval (Sweden), GEA Group (Germany), Lely (Netherlands), BouMatic (US), and Fullwood JOZ (UK).
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