Milking Machines Global Market Report 2024 - By Trends, Share, Demand And Industry Outlook, Forecast To 2033

"The new report published by The Business Research Company, titled Milking Machines Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033, delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, the milking machines market size has grown strongly in recent years. It will grow from $3.79 billion in 2023 to $4.09 billion in 2024 at a compound annual growth rate (CAGR) of 7.9%. The milking machines market size is expected to see strong growth in the next few years. It will grow to $5.4 billion in 2028 at a compound annual growth rate (CAGR) of 7.2%.

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Rising Dairy Cattle Population Drives Demand For Milking Machines Market
An increase in the rearing of dairy cattle is expected to drive the demand for the milking machines market. For instance, in October 2021, according to Central Statistics Office, Ireland, in 2020, there were 1,567,700 dairy cows, a 4.2% increase from 2019. Further, in May 2021, according to data from the US Department of Agriculture Foreign Agriculture Service, the number of dairy cows globally increased to 137 million heads in 2020. (USDA FAS). It is predicted that in 2021, there would be more than 138 million heads of the animals in question. Therefore, the growth in the dairy cattle population across the globe led to increasing in milking production, which in turn propelled the revenues generated for the milking machinery market.

Innovative Products In The Milking Machines Market
Major companies operating in the milking machines market are focusing on developing innovative products, such as rotary milking systems, to provide reliable services to customers. A rotary milking system is a type of milking parlor that uses a rotating platform to move cows past a series of milking stalls. For instance, in March 2023, DeLaval, a Sweden-based manufacturer of dairy and farming machinery, launched the DeLaval Rotary E500. It is an innovative process that prioritizes a cow's natural milk flow by using flow-adjusted vacuum technology to monitor each cow's milk flow and modify the vacuum level according to the cow's individual needs. The DeLaval Rotary E500 can milk up to 1,066 cows per hour, and its Flow-Responsive Milking technology ensures that each cow is milked at the optimal vacuum level, resulting in a gentle and efficient milking experience.

The milking machines market covered in this report is segmented -
1) By Product Type: Fully Automatic, Semi-Automatic
2) By Livestock: Cow, Sheep, Goat, Buffalo, Others
3) By Application: Micro Dairy Farms, Macro Dairy Farms, Others

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Major companies operating in the milking machines market report are DeLaval Inc., GEA Group, Lely Holding SARL, BouMatic Robotics B.V., Fullwood Packo, Afimilk Ltd., S. A. Christensen & Co, Milkplan, Prompt Dairy Tech, AMS-Galaxy USA, Handtop Tech Co Ltd., Arcnut Agro Machinery, Yuyao Yuhai Livestock Machinery Technology Co., Ltd., Shanghai Ruike Machinery Equipment Co.,Ltd., Demir Packing & Agricultural Machinery, Daviesway, ORION Machinery Co., ltd., Vansun Technologies Pvt. Ltd., EE-Media, Genjing Records, Ocean Butterflies Music, Pest Productions, Outdustry, Split Works, Popsport, ADFmilking Ltd., Agrifac Machinery BV, Pjur Group Luxembourg S.A., Kanters Holland BV , Bob-White Systems Inc, Vevor, Slavic Beauty, Dansha Farms, The Coburn Company, Alfa Laval, UKAL Canada, Damate Group, Triunfo Indústria Metalúrgica, Melasty, LUSNA, SEZER Milking Technologies, Al Ain Farms, WaikatoSA, miRobot LTD., Bisstarr Milking Systems

Contents of the report:
1. Executive Summary
2. Milking Machines Market Report Structure
3. Milking Machines Market Trends And Strategies
4. Milking Machines Market - Macro Economic Scenario
5. Milking Machines Market Size And Growth
…..
27. Milking Machines Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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