Milking Automation Global Market Report 2024

Description

“Milking Automation Global Market Report 2024 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on milking automation market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

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Where is the largest and fastest growing market for milking automation? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The milking automation market global report ” from The Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

Scope

Markets Covered:

1) By Offering: Hardware; Software; Services
2) By Farm Size: Small; Medium; Large
3) By Species: Dairy Cattle; Goat; Sheep
Companies Mentioned: Afimilk Ltd.; DeLaval; GEA Group AG; Nedap N.V.; Allflex Livestock Intelligence
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery format: PDF, Word and Excel Data Dashboard.

Executive Summary

Milking automation is a system wherein milking is conducted without the direct involvement of an operator. These automated systems are designed to handle all tasks related to the milking procedure and the management of cows.

The primary offerings in milking automation include hardware, software, and services. Hardware pertains to the physical components of the system or its delivery mechanisms that enable the execution of instructions written in the software. Milking automation finds application on farms of varying sizes, ranging from small to medium and large farms. It is utilized across different species, including dairy cattle, goats, and sheep.

The milking automation market research report is one of a series of new reports from The Business Research Company that provides milking automation market statistics, including milking automation industry global market size, regional shares, competitors with a milking automation market share, detailed milking automation market segments, market trends and opportunities, and any further data you may need to thrive in the milking automation industry. This milking automation market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The milking automation market size has grown strongly in recent years. It will grow from $0.97 billion in 2023 to $1.07 billion in 2024 at a compound annual growth rate (CAGR) of 9.9%. The historical period's growth can be attributed to several factors, including labor shortages in dairy farming, the trend towards increasing dairy herd sizes, a heightened demand for improved milk quality, a focus on animal welfare, the rising requirements in dairy production, and government support and incentives.

The milking automation market size is expected to see strong growth in the next few years. It will grow to $1.53 billion in 2028 at a compound annual growth rate (CAGR) of 9.4%. The anticipated growth in the forecast period can be attributed to a focus on sustainable and efficient farming practices, the expansion of dairy farming in emerging markets, the rise of precision livestock farming, cost savings through automation, and advanced milk quality monitoring. Prominent trends in the forecast period include the adoption of robotic milking systems, the integration of IoT and sensors in dairy farming, automated teat cleaning and preparation, the use of data analytics for herd management, the integration with cow health monitoring, and the development of mobile apps for monitoring.

The anticipated surge in the demand for dairy products is set to drive the growth of the milking automation market. Dairy products, including butter, cheese, ice cream, yogurt, and more, are expected to experience increased demand in the coming years. To efficiently cater to this rising demand and foster the industry's growth potential, automation in milking processes becomes crucial. For example, a report by the International Dairy Foods Association (IDFA) in September 2022 revealed a per capita consumption increase of 12.4 pounds of dairy products per person in 2022. Notably, specific dairy products, such as American-type cheese, butter, and yogurt, demonstrated significant growth. Hence, the growing demand for dairy products is a key driver propelling the milking automation market.

The growth of urbanization is poised to boost the milking automation market. As more people gather in urban areas, the available farmland diminishes, and traditional farming faces space constraints. In response to these challenges, dairy operations are expected to increasingly adopt efficient and space-saving technologies such as milking automation to optimize productivity within limited spaces. According to the World Bank's 2022 report, over 50% of the global population resides in urban regions, and this number is projected to reach 6 billion by 2045. The report also forecasts a continued expansion of urban land consumption, outpacing population growth. Hence, the upward trend in urbanization is a significant factor driving the growth of the milking automation market.

A notable trend in the milking automation market is the adoption of technologically advanced milking equipment. Major companies in the market are investing in innovative technologies to enhance their competitive positions. For instance, in 2022, DeLaval, a leading global provider of milking equipment and solutions, introduced the E-series rotary milking system-a next-gen rotary milking system. This system incorporates innovative techniques prioritizing a cow's natural milk flow, ensuring optimal milk flow for each cow through flow-adjusted vacuum technology.

Major players in the milking automation market are developing innovative products such as rotary milking systems to expand their customer base, drive sales, and increase revenue. Rotary milking systems are advanced technologies used in the dairy industry for highly efficient and automated cow milking. In March 2023, DeLaval launched the Rotary E500, featuring unique functionalities that operate in harmony with the natural movements and physiology of cows. The system allows comprehensive monitoring of each cow's milking status through the DeLaval Rotary Cockpit, enhancing efficiency and reliability with features such as DeLaval WorkSure.

In October 2021, BouMatic, a US-based provider of milking products, acquired SAC, a Denmark-based manufacturer of milking systems, for an undisclosed amount. This acquisition enhances BouMatic's global expansion potential and strengthens its collaboration with dairy producers worldwide, with complementary product portfolios and technical advancements between the two companies.

Major companies operating in the milking automation market report are Afimilk Ltd., DeLaval, GEA Group AG, Nedap N.V., Allflex Livestock Intelligence, BouMatic LLC, Waikato Milking Systems NZ LP, Dairymaster, BECO Dairy Automation Inc., AMS-Galaxy-USA, Dairy Automation Pvt. Ltd., Fullwood Packo Ltd., Merck and Company, Solutions laitieres Inc., S.A. Christensen & Co., SCR Dairy Inc., Tetra Laval International SA, A DUE Spa, Alfa Laval AB, Krones AG, SPX Flow Inc., ProLeiT AG, Rockwell Automation Inc., Dairy Conveyor Corporation, Cache Valley Creamery, Cass-Clay Creamery, Country Delite Farms, Country Fresh, Craigs Creamery, Cumberland Dairy .

Asia-Pacific was the largest region in the milking automation market in 2023. The regions covered in the milking automation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in the milking automation market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The milking automation market includes revenues earned by entities by providing robotic milking systems, voluntary milking systems, and milking robots. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Product Code: r11152

1. Executive Summary

2. Milking Automation Market Characteristics

3. Milking Automation Market Trends And Strategies

4. Milking Automation Market - Macro Economic Scenario

4.1. Impact Of High Inflation On the Market
4.2. Ukraine-Russia War Impact On the Market
4.3. COVID-19 Impact On the Market

5. Global Milking Automation Market Size and Growth

5.1. Global Milking Automation Market Drivers and Restraints
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints Of The Market
5.2. Global Milking Automation Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)
5.3. Global Milking Automation Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Milking Automation Market Segmentation

6.1. Global Milking Automation Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Hardware
Software
Services
6.2. Global Milking Automation Market, Segmentation By Farm Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Small
Medium
Large
6.3. Global Milking Automation Market, Segmentation By Species, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Dairy Cattle
Goat
Sheep

7. Milking Automation Market Regional And Country Analysis

7.1. Global Milking Automation Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Milking Automation Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Milking Automation Market

8.1. Asia-Pacific Milking Automation Market Overview
Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Milking Automation Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Milking Automation Market, Segmentation By Farm Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Milking Automation Market, Segmentation By Species, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Milking Automation Market

9.1. China Milking Automation Market Overview
9.2. China Milking Automation Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Milking Automation Market, Segmentation By Farm Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Milking Automation Market, Segmentation By Species, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Milking Automation Market

10.1. India Milking Automation Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Milking Automation Market, Segmentation By Farm Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Milking Automation Market, Segmentation By Species, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Milking Automation Market

11.1. Japan Milking Automation Market Overview
11.2. Japan Milking Automation Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Milking Automation Market, Segmentation By Farm Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan Milking Automation Market, Segmentation By Species, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Milking Automation Market

12.1. Australia Milking Automation Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Milking Automation Market, Segmentation By Farm Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Milking Automation Market, Segmentation By Species, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Milking Automation Market

13.1. Indonesia Milking Automation Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Milking Automation Market, Segmentation By Farm Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Milking Automation Market, Segmentation By Species, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Milking Automation Market

14.1. South Korea Milking Automation Market Overview
14.2. South Korea Milking Automation Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Milking Automation Market, Segmentation By Farm Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea Milking Automation Market, Segmentation By Species, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Milking Automation Market

15.1. Western Europe Milking Automation Market Overview
15.2. Western Europe Milking Automation Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Milking Automation Market, Segmentation By Farm Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Milking Automation Market, Segmentation By Species, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Milking Automation Market

16.1. UK Milking Automation Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Milking Automation Market, Segmentation By Farm Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Milking Automation Market, Segmentation By Species, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Milking Automation Market

17.1. Germany Milking Automation Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Milking Automation Market, Segmentation By Farm Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Milking Automation Market, Segmentation By Species, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Milking Automation Market

18.1. France Milking Automation Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France Milking Automation Market, Segmentation By Farm Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France Milking Automation Market, Segmentation By Species, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Milking Automation Market

19.1. Italy Milking Automation Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy Milking Automation Market, Segmentation By Farm Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy Milking Automation Market, Segmentation By Species, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Milking Automation Market

20.1. Spain Milking Automation Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain Milking Automation Market, Segmentation By Farm Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain Milking Automation Market, Segmentation By Species, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Milking Automation Market

21.1. Eastern Europe Milking Automation Market Overview
21.2. Eastern Europe Milking Automation Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Milking Automation Market, Segmentation By Farm Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Milking Automation Market, Segmentation By Species, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Milking Automation Market

22.1. Russia Milking Automation Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Milking Automation Market, Segmentation By Farm Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Milking Automation Market, Segmentation By Species, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Milking Automation Market

23.1. North America Milking Automation Market Overview
23.2. North America Milking Automation Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Milking Automation Market, Segmentation By Farm Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Milking Automation Market, Segmentation By Species, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Milking Automation Market

24.1. USA Milking Automation Market Overview
24.2. USA Milking Automation Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Milking Automation Market, Segmentation By Farm Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Milking Automation Market, Segmentation By Species, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Milking Automation Market

25.1. Canada Milking Automation Market Overview
25.2. Canada Milking Automation Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Milking Automation Market, Segmentation By Farm Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Milking Automation Market, Segmentation By Species, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Milking Automation Market

26.1. South America Milking Automation Market Overview
26.2. South America Milking Automation Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Milking Automation Market, Segmentation By Farm Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Milking Automation Market, Segmentation By Species, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Milking Automation Market

27.1. Brazil Milking Automation Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Milking Automation Market, Segmentation By Farm Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Milking Automation Market, Segmentation By Species, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Milking Automation Market

28.1. Middle East Milking Automation Market Overview
28.2. Middle East Milking Automation Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Milking Automation Market, Segmentation By Farm Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Milking Automation Market, Segmentation By Species, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Milking Automation Market

29.1. Africa Milking Automation Market Overview
29.2. Africa Milking Automation Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Milking Automation Market, Segmentation By Farm Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Milking Automation Market, Segmentation By Species, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Milking Automation Market Competitive Landscape And Company Profiles

30.1. Milking Automation Market Competitive Landscape
30.2. Milking Automation Market Company Profiles
- 30.2.1. Afimilk Ltd.
  - 30.2.1.1. Overview
  - 30.2.1.2. Products and Services
  - 30.2.1.3. Strategy
  - 30.2.1.4. Financial Performance
- 30.2.2. DeLaval
  - 30.2.2.1. Overview
  - 30.2.2.2. Products and Services
  - 30.2.2.3. Strategy
  - 30.2.2.4. Financial Performance
- 30.2.3. GEA Group AG
  - 30.2.3.1. Overview
  - 30.2.3.2. Products and Services
  - 30.2.3.3. Strategy
  - 30.2.3.4. Financial Performance
- 30.2.4. Nedap N.V.
  - 30.2.4.1. Overview
  - 30.2.4.2. Products and Services
  - 30.2.4.3. Strategy
  - 30.2.4.4. Financial Performance
- 30.2.5. Allflex Livestock Intelligence
  - 30.2.5.1. Overview
  - 30.2.5.2. Products and Services
  - 30.2.5.3. Strategy
  - 30.2.5.4. Financial Performance

31. Global Milking Automation Market Competitive Benchmarking

32. Global Milking Automation Market Competitive Dashboard

33. Key Mergers And Acquisitions In The Milking Automation Market

34. Milking Automation Market Future Outlook and Potential Analysis

34.1 Milking Automation Market In 2028 - Countries Offering Most New Opportunities
34.2 Milking Automation Market In 2028 - Segments Offering Most New Opportunities
34.3 Milking Automation Market In 2028 - Growth Strategies
- 34.3.1 Market Trend Based Strategies
- 34.3.2 Competitor Strategies

35. Appendix

35.1. Abbreviations
35.2. Currencies
35.3. Historic And Forecast Inflation Rates
35.4. Research Inquiries
35.5. The Business Research Company
35.6. Copyright And Disclaimer