Global Milking Machines Market Report 2021 - Opportunities And Strategies, Market Forecast And Trends

19 Oct, 2021

The milking machines market consists of sales of milking machines by entities (organizations, sole traders, or partnerships) that are engaged in manufacturing milking machines that are used for milk extraction from dairy animals, especially dairy cattle. Only goods and services traded between entities or sold to end consumers are included.

Global Milking Machines Market Size And Drivers:

The global milking machines market is expected to grow from $3.67 billion in 2020 to $4.22 billion in 2021 at a compound annual growth rate (CAGR) of 15%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $6.87 billion in 2025 at a CAGR of 13%. An increase in the rearing of dairy cattle is expected to drive the demand for the milking machines market.

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Trends In The Global Milking Machines Market

The robotic milking machines has created immense demand in the milking machinery market. More dairy farmers are looking to robotic-milking systems as a result of the difficulty in finding a dependable workforce or being able to afford labor costs. In January 2019, GEA launched a GEA DairyRobot R9500 Milking Robot which brings a new level of intelligent milking to the farm. Similarly, in April 2018, LELY introduced a new robot milking machinery called Astronaut A5. Lely Astronaut A5 is intended to convey top-level usability, longevity, and reliability and produces a healthy and stress-free milking experience for both the farmers and their cows. With the Lely Astronaut A5, cow convenience has been furthermore advanced with a new hybrid arm that is placid, faster, energy-efficient, and more precise than results in concordant milking. Robotic Milking machinery is increasingly being used by dairy farmers for extracting milk from cattle. Animals (in robotic-milking systems) are undergoing less physical pressure and have expanded autonomy and freedom of movement, less-organized timetables, and lower pressure, all resulting in a better quantity of milk.

Global Milking Machines Market Segments:
The global milking machines market is further segmented –
By Product Type: Fully Automatic, Semi-Automatic
By Livestock: Cow, Sheep, Goat, Buffalo, Others
By Application: Micro Dairy Farms, Macro Dairy Farms, Others
By Geography: The global milking machines market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

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Milking Machines Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides milking machines market overviews, analyzes and forecasts market size and growth for the global milking machines market, milking machines market share, milking machines market players, milking machines market segments and geographies, milking machines market’s leading competitors’ revenues, profiles and market shares. The milking machines market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.