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Milking Robots Market Expected to Achieve 14.9% CAGR by 2029: Growth Forecast Insights
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.How Large Will the Milking Robots Market Size By 2025?
The market size for milking robots has experienced swift growth in the past few years. This sector, valued at $2.98 billion in 2024, is anticipated to grow to $3.35 billion in 2025, recording a compound annual growth rate (CAGR) of 12.6%. Factors such as the modernization of farms, the necessity for precision agriculture, labor costs, an increase in the size of farms, regulatory modifications, and a greater emphasis on animal welfare have all contributed to the growth during the historical period.
How Big Is the Milking Robots Market Size Expected to Grow by 2029?
The market for milking robots is anticipated to witness accelerated expansion in the upcoming years, potentially reaching a value of $5.84 billion by 2029, experiencing a compound annual growth rate (CAGR) of 14.9%. The projected expansion during this period can be associated with factors such as demand for sustainability and efficiency, integration of data analytics, worldwide alterations in farm sizes, predictions of cost-effectiveness and labor shortages. Predominant patterns during this projected period comprise of software revisions and enhancements, automation aimed at productivity augmentation, focus on comfort of cows, implementations in minuscule-scaled farms, and remote supervision and regulation.
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Which Key Market Drivers Powering Milking Robots Market Expansion and Growth?
The growing need to minimize labor expenses via automation is anticipated to boost the expansion of the milking robots market in upcoming years. Automation denotes the design and utilization of various technologies to provide any product or service with minimal human involvement. By leveraging automation, milking robots have the potential to cut labor costs by milking a larger number of cows in a shorter timespan without needing additional workforce for farm maintenance. For example, in May 2022, Miltrim Farms, an American farm housing 1800 cows, implemented automation by introducing 30 box barn milking robots to save on labor costs. The farm was able to accommodate an added 1,200 cows without the need for extra labor, with just six full-time employees managing the 1800-cow farm. Consequently, the escalating demand to lessen labor expenses via automation is fueling the growth of the milking robots market.
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Which Fast-Growing Trends Are Poised to Disrupt the Milking Robots Market?
To enhance efficiency, improve animal welfare, and optimize the milk production process while also lowering labor costs and reducing the environmental impact of dairy farming, leading companies in the milking robot market are focusing on the development of new technologies like robotic milking technology. This particular technology involves the use of automated systems for milking cows without any human intervention, providing a more flexible and efficient schedule for milking. As an example, in January 2024, the farm machinery and equipment company based in Sweden, DeLaval, introduced the VMSTM batch milking system. This system, which automates milking for larger herds, allows farmers to categorize cows into groups and guide them to a centralized milking area, mirroring traditional parlors. So far, this setup has proved successful in over 10 installations around the globe, with about 10,000 cows milked in total.
What Are the Emerging Segments in the Milking Robots Market?
The milking robotsmarket covered in this report is segmented -
1) By System Type: Single-Stall Unit, Multi-Stall Unit, Automated Milking Rotary
2) By Offering: Hardware, Software, Services
3) By Herd Size: Below 100, Between 100 and 1,000, Above 1,000
Subsegments:
1) By Single-Stall Unit: Robotic Milking Systems for Individual Cows, Stand-Alone Milking Stations
2) By Multi-Stall Unit: Robotic Milking Systems for Multiple Cows, Parallel Milking Systems
3) By Automated Milking Rotary: Rotary Systems for Large Herds, Continuous Milking Systems, Automated Rotary Platforms
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Who Are the Global Leaders in the Milking Robots Market?
Major companies operating in the milking robots market include GEA Group Aktiengesellschaft, Lely Holding S.à r.l., DeLaval AB, Eurotec GmbH, Afimilk Agricultural Cooperative Ltd., Fullwood Packo Ltd., Dairymaster International Ltd., FutureDairy Pty Ltd., Milkplan SA, Hokofarm Group B.V., Rovibec Agrisolutions Inc., Rotec Engineering B.V., Milkomax Solutions Laitieres, Icerobotics Ltd., AMS Galaxy USA Inc., VMS Robotics BV, DairyRobotics LLC, Wadleren Robotics, Milking Automation Pty Ltd., RoboCow BV, Robotic Milking Systems BV
Which are the Top Profitable Regional Markets for the Milking Robots Industry?
Europe was the largest region in the milking robots market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the milking robots market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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