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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. Sample figures with some insights are shown below.
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?
For any questions related to Milking Automation Market, Milking Automation Market Size, Milking Automation Market Growth, Milking Automation Market Analysis, Milking Automation Market Report, Milking Automation Market Share, Milking Automation Market Trends, Milking Automation Market Forecast, Milking Automation Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Milking Automation Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Milking Automation Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Milking Automation Market by Offering
3.3.1: Hardware
3.3.2: Software
3.3.3: Service
3.4: Global Milking Automation Market by Farm Size
3.4.1: Small
3.4.2: Medium
3.4.3: Large
3.5: Global Milking Automation Market by Species
3.5.1: Dairy Cattle
3.5.2: Goat
3.5.3: Sheep
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Milking Automation Market by Region
4.2: North American Milking Automation Market
4.2.2: North American Milking Automation Market by Species: Dairy Cattle, Goat, and Sheep
4.3: European Milking Automation Market
4.3.1: European Milking Automation Market by Offering: Hardware, Software, and Service
4.3.2: European Milking Automation Market by Species: Dairy Cattle, Goat, and Sheep
4.4: APAC Milking Automation Market
4.4.1: APAC Milking Automation Market by Offering: Hardware, Software, and Service
4.4.2: APAC Milking Automation Market by Species: Dairy Cattle, Goat, and Sheep
4.5: ROW Milking Automation Market
4.5.1: ROW Milking Automation Market by Offering: Hardware, Software, and Service
4.5.2: ROW Milking Automation Market by Species: Dairy Cattle, Goat, and Sheep
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Milking Automation Market by Offering
6.1.2: Growth Opportunities for the Global Milking Automation Market by Farm Size
6.1.3: Growth Opportunities for the Global Milking Automation Market by Species
6.1.4: Growth Opportunities for the Global Milking Automation Market by Region
6.2: Emerging Trends in the Global Milking Automation Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Milking Automation Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Milking Automation Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: DeLaval
7.2: Afimilk
7.3: GEA Group
7.4: Nedap N.V.
7.5: Allflex Livestock Intelligence
.
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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