Automatic Milking System Market Size, Share, Opportunities, And Trends By Type (Single-Stall Unit, Multi-Stall Unit, Rotary System), And By Geography - Forecasts From 2023 To 2028
- Published : Mar 2023
- Report Code : KSI061611568
- Pages : 114
The Automatic Milking System market is projected to grow at a CAGR of 1.59% during the forecast period. The continuously increasing global population has been a major factor shaping the growth of this market. According to data from the United Nations, the world, in 2017, had a total population of nearly 7.53 billion and this figure is expected to reach 8.5 billion by 2030 and 9.7 billion by 2050. This increase in population has been affecting the availability of food and dairy products, thus increasing the demand for advanced processes and techniques which can help producers meet this demand. This is increasing the demand for automatic milking systems. The increasing focus of dairy farm owners on improving their margins is another factor contributing to the growing demand for these systems. High labor costs and significantly high costs associated with the cleaning and maintenance of herds and dairy harm are steering many farm owners towards automatic milking systems as these systems do not require much manual labor and at the same time, reduce the waste generation in the farms. However, the high cost of these systems is restraining their adoption, especially in various emerging economies. Low financial support from the governments is further restraining the adoption of these systems despite the significant cost advantage they provide in the long run. Geographically, the market has been segmented into North America, South America, Europe, the Middle East and Africa, and Asia Pacific. North America holds a major share of this market and this large share is mainly due to the high spending capacity of dairy farm owners in developed economies.
DRIVERS
Rising demand for advanced processes and techniques
Rising global population
RESTRAINTS
High cost
Lack of awareness
INDUSTRY UPDATE
In June 2018, DeLaval launched the VMS milking system V300 and the OptiDuo robotic feed pusher.
Recently in March 2019, The Fullwood Packo Diary Group acquired Mewitec BV which imports, retails, installs, and provides technical support for Fullwood Packo smart milking and cooling solutions in The Netherlands.
The major players profiled in the Automatic Milking System market include DeLaval Inc., GEA Group Aktiengesellschaft, Lely, SAC, Fullwood Packo, miRobot, BouMatic, Hokofarm Group B.V., and Afimilk Ltd.
Segmentation:
The Automatic Milking System Market has been analyzed through the following segments:
- By Type
- Single-Stall Unit
- Multi-Stall Unit
- Rotary System
- By Geography
- North America
- USA
- Canada
- Mexico
- South America
- Brazil
- Argentina
- Others
- Europe
- United Kingdom
- Germany
- France
- Spain
- Others
- Middle East and Africa
- Saudi Arabia
- Israel
- Others
- Asia Pacific
- China
- Japan
- Australia
- India
- Others
1. INTRODUCTION
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Currency
1.5. Assumptions
1.6. Base, and Forecast Years Timeline
2. RESEARCH METHODOLOGY
2.1. Research Design
2.2. Secondary Sources
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1. Market Segmentation
4.2. Market Drivers
4.3. Market Restraints
4.4. Market Opportunities
4.5. Porter’s Five Force Analysis
4.5.1. Bargaining Power of Suppliers
4.5.2. Bargaining Power of Buyers
4.5.3. Threat of New Entrants
4.5.4. Threat of Substitutes
4.5.5. Competitive Rivalry in the Industry
4.6. Life Cycle Analysis - Regional Snapshot
4.7. Market Attractiveness
5. AUTOMATIC MILKING SYSTEM MARKET BY TYPE
5.1. Single-Stall Unit
5.2. Multi-Stall Unit
5.3. Rotary System
6. AUTOMATIC MILKING SYSTEM MARKET BY GEOGRAPHY
6.1. North America
6.1.1. USA
6.1.2. Canada
6.1.3. Mexico
6.2. South America
6.2.1. Brazil
6.2.2. Argentina
6.2.3. Others
6.3. Europe
6.3.1. United Kingdom
6.3.2. Germany
6.3.3. France
6.3.4. Spain
6.3.5. Others
6.4. Middle East and Africa
6.4.1. Saudi Arabia
6.4.2. Israel
6.4.3. Others
6.5. Asia Pacific
6.5.1. China
6.5.2. Japan
6.5.3. Australia
6.5.4. India
6.5.5. Others
7. COMPETITIVE INTELLIGENCE
7.1. Company Benchmarking and Analysis
7.2. Recent Investment and Deals
7.3. Strategies of Key Players
8. COMPANY PROFILES
8.1. DeLaval Inc.
8.2. GEA Group Aktiengesellschaft
8.3. Lely
8.4. SAC
8.5. Fullwood Packo
8.6. miRobot
8.7. BouMatic
8.8. Hokofarm Group B.V.
8.9. Afimilk Ltd.
LIST OF FIGURES
LIST OF TABLES
Master Meters
DeLaval Inc.
GEA Group Aktiengesellschaft
Lely
SAC
Fullwood Packo
miRobot, BouMatic
Hokofarm Group B.V.
Afimilk Ltd.
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