What is the current market size and future outlook for the milking machines market?
The milking machines market size has grown strongly in recent years. It will grow from $4.01 billion in 2024 to $4.32 billion in 2025 at a compound annual growth rate (CAGR) of 7.7%. The growth in the historic period can be attributed to population growth, high investment in dairy farming, growth in dairy cattle population, and increase in quality and yield of the milk.
The milking machines market size is expected to see strong growth in the next few years. It will grow to $5.47 billion in 2029 at a compound annual growth rate (CAGR) of 6.1%. The growth in the forecast period can be attributed to rapidly expanding organic dairy businesses, growing demand for milk and dairy products, and focus on reducing labor dependency. Major trends in the forecast period include adopting robotic milking systems, investing in artificial intelligence (AI), adopting the use of IoT and investing in 5g to digitize their dairy farm, and considering strategic collaboration or acquisition.
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How has the milking machines market evolved, and what factors have shaped its growth?
An increase in the rearing of dairy cattle is expected to drive the demand for the milking machines market. For instance, in February 2024, according to Teagasc, an Ireland-based agriculture and food development authority, in December 2023, Ireland’s national statistics office reported a total of 1.510 million dairy cows in the country, marking a modest rise of just 500 cows compared to the same period in 2022. This follows a larger increase of 5,000 cows between the 2021 and 2022 statistical years, when the dairy herd grew from 1.505 million to 1.510 million cows. 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.
What are the major segments of the milking machines market?
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
Subsegments:
1) By Fully Automatic: Robotic Milking Systems, Automated Milking Parlors, Milking Systems With Integrated Data Management
2) By Semi-Automatic: Portable Semi-Automatic Milking Machines, Pipeline Milking Systems, Bucket Milking Systems
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Which companies dominate the milking machines market?
Major companies operating in the milking machines market include 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, Yuyao Yuhai Livestock Machinery Technology Co., Ltd., Shanghai Ruike Machinery Equipment Co., Ltd., Daviesway, ORION Machinery Co., ltd., Vansun Technologies Pvt. Ltd., EE-Media, Genjing Records, Ocean Butterflies Music, Pest Productions, Outdustry, Split Works, Popsport, 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, Bisstarr Milking Systems
How will evolving trends contribute to the growth of the milking machines market?
Major companies operating in the milking machine market are focusing on developing innovation, such as seamless transitions that help minimize training needs for staff. A seamless transition refers to a smooth and efficient changeover between different phases or processes without interruption or disruption. For instance, in January 2024, DeLaval, a Sweden-based company that manufactures and supplies integrated milking solutions, launched the VMS Batch Milking system, a significant advancement in robotic milking technology designed for large herds. A new robotic batch milking system designed for large dairy operations aims to enhance efficiency and reduce labor costs. This innovative approach groups herds for milking in a facility resembling a traditional parlor, allowing one operator to manage up to 450 cows with minimal staff. The system also captures individual cow data, offering valuable insights into herd performance and health. Additionally, it facilitates a smooth transition for farms familiar with conventional milking methods, minimizing the need for extensive staff training.
What are the key regional dynamics of the milking machines market, and which region leads in market share?
The countries covered in the milking machines market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Canada, Spain
What Does The Milking Machines Market Report 2025 Offer?
The milking machines market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
A milking machine is a piece of equipment that consists of a suction apparatus that takes milk from the cows. They are used to extract milk from cows.
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