Press release
Milking Machine Market Likely to Inflict Positive Growth Trend during 2019-2027 | Key Players are DeLaval Inc., Fullwood Packo, BouMatic LLC, etc.
As per the current market trends and the promising nature of the milking machine market, it can be estimated that the future holds positive outcomes. In order to provide a deep insight about the concerned market, FACTMR would be publishing a resourceful analysis that will enclose knowledge about the regional milking machine market size, revenue and opportunity status. Readers will be offered the privilege to decode various facets of the market during 2019-2027, together with the active access to secondary and primary research methodology. Furthermore, various segments of the market associated to product, application, end-user etc., would also be present in this intelligent research report.Get a Free Sample Report from Here – https://www.factmr.com/connectus/sample?flag=S&rep_id=2204
In Brief
During 2013 to 2018, the milking machine market witnessed an impressive growth at a CAGR of 6%, mainly attributed to the rapid penetration of automation in the dairy industry.
Demand for milking machine has been significantly influenced by the advent of advanced electromechanical technologies in the dairy equipment industry. The milking machine market was estimated at over US$ 1.5 billion in 2018.
The milking machine market is expected to grow at a CAGR of nearly 8% through 2027, as leading stakeholders continue to enhance their product portfolio to gain a competitive edge.
Europe remains the leading market for milking machine, accounting for over 30% sales, despite a rigid dichotomy between veganism and high consumption for dairy products in the region.
Asia-Pacific excluding Japan (APEJ) is expected to be the high-growth market for milking machine, attributed in part to growth of the dairy industry, which has created significant opportunities for market players.
Milking Machine Market – Notable Developments
In January 2019, GEA Group AG – a German manufacturer in the milking machine market – announced that it has introduced DairyRobot R9500—a new cow-milking robot, which is engineered to increase on-farm efficiency and improve the milking process. The company claims that the DairyRobot R9500 the industry’s first real-time Somatic Cell Count (SCC) monitoring unit that assesses milk flow throughout the entire milking process to detect mastitis early in order to protect the health of the herd and minimize treatment time.
In November 2018, DeLaval – a producer of dairy and farming machinery headquartered in Sweden – announced that it will double its manufacturing capacity for its VMS™ milking system V300 with a dramatic increase in its order intake. The company also declared that it aims to secure deliveries from suppliers, adjust supply chain planning, and provide a high-efficiency and larger storage facility in order to reduce lead-time to customers.
In April 2019, Fullwood Packo – a European manufacturer of automated milking systems – announced that it has entered a strategic outsourcing partnership with PP Control & Automation (PP C&A) to get a significantly more value-added and cross-functional manufacturing solution. With this partnership, the company aims to free up its valuable manufacturing resource and bypass the challenge of availability of additional skilled labor physical space issues or to focus more on growing its business in the milking machine market.
Fullwood Packo
Founded in 1785 and headquartered in Ellesmere, England, Fullwood Packo is a leading manufacturer of milk cooling tanks and milking systems, and it also offers high quality products for the pharmaceuticals and food industries. The company offers high-tech robotic milking systems with the ultimate focus on providing better efficiency, productivity, and milk quality over the milking machines introduced by its competitors.
BouMatic LLC
Founded in 1939, BouMatic LLC is a leading company in the dairy industry with its global headquarters in Wisconsin, U.S. The company operated in the milking machine market through its subsidiary – BouMatic Robotics B.V., which is a dynamic Dutch company that offers milking robots for dairy farmers. BouMatic Robotics focuses on introducing modern robots in the dairy cattle industry with been a continual emphasis on maintaining the balance between cow, man, and technology.
LELY, GEA Group, DeLaval, Fullwood Packo, BouMatic, S.A. Christensen & Co., Milkplan Farming Technologies, Prompt Dairy Tech, ADFmilking Ltd., Afimilk Ltd., Impact Technologies, Bisstarr Milking Systems, Vansun Technologies Pvt Ltd., AMS-Galaxy USA, and Caprine Supplyare among the leading companies in the milking machine market that are featured in the FactMR report.
Research Methodology
The FactMR research study on milking machine market offers industry-best intelligence and insights into the global milking machine market forecast. The research study on milking machine market is a result of extensive research methodology, comprising of a primary phase and a secondary phase. The report on milking machine market gives a comprehensive analysis of its growth prospects and opportunities over the forecast period, including a detailed segmentation.
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