Milking Automation Market Report: Trends, Forecast and Competitive Analysis to 2030

Milking Automation Trends and Forecast

The future of the global milking automation market looks promising with opportunities in the dairy cattle, goat, and sheep markets. The global milking automation market is expected to reach an estimated $2.5 billion by 2030 with a CAGR of 11.0% from 2024 to 2030. The major drivers for this market are growing demand for quality dairy products and rising emphasis of governments on the dairy and agricultural sectors.

A more than 150-page report is developed to help in your business decisions.

Milking Automation by Segment

The study includes a forecast for the global milking automation by offering, farm size, species, and region.

Milking Automation Market by Offering [Shipment Analysis by Value from 2018 to 2030]:

• Hardware
• Software
• Service

Milking Automation Market by Farm Size [Shipment Analysis by Value from 2018 to 2030]:

• Small
• Medium
• Large

Milking Automation Market by Species [Shipment Analysis by Value from 2018 to 2030]:

• Dairy Cattle
• Goat
• Sheep

Milking Automation Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Milking Automation Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies milking automation companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the milking automation companies profiled in this report include-

• DeLaval
• Afimilk
• GEA Group
• Nedap N.V.
• Allflex Livestock Intelligence

Milking Automation Market Insights

Lucintel forecasts that hardware will remain the largest segment over the forecast period.

Within this market, dairy cattle will remain the largest segment over the forecast period.

APAC is expected to witness highest growth over the forecast period.

Features of the Global Milking Automation Market

Market Size Estimates: Milking automation market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Milking automation market size by offering, farm size, species, and region in terms of value ($B).

Regional Analysis: Milking automation market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different offerings, farm sizes, species, and regions for the milking automation market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the milking automation market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the milking automation market size?

Answer: The global milking automation market is expected to reach an estimated $2.5 billion by 2030.

Q2. What is the growth forecast for milking automation market?

Answer: The global milking automation market is expected to grow with a CAGR of 11.0% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the milking automation market?

Answer: The major drivers for this market are growing demand for quality dairy products and rising emphasis of governments on the dairy and agricultural sectors.

Q4. What are the major segments for milking automation market?

Answer: The future of the milking automation market looks promising with opportunities in the dairy cattle, goat, and sheep markets.

Q5. Who are the key milking automation market companies?

Answer: Some of the key milking automation companies are as follows:

• DeLaval
• Afimilk
• GEA Group
• Nedap N.V.
• Allflex Livestock Intelligence

Q6. Which milking automation market segment will be the largest in future?

Answer: Lucintel forecasts that hardware will remain the largest segment over the forecast period.

Q7. In milking automation market, which region is expected to be the largest in next 5 years?

Answer: APAC is expected to witness highest growth over the forecast period.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the milking automation market by offering (hardware, software, and service), farm size (small, medium, and large), species (dairy cattle, goat, and sheep), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?