Milking Robots Market Size To Reach $6.32 Billion By 2030

December 2024 | Report Format: Electronic (PDF)

Milking Robots Market Growth & Trends

The global milking robotics market size is anticipated to reach USD 6.32 billion by 2030, according to a new report by Grand View Research, Inc., registering a CAGR of 10.9% from 2024 to 2030. Growing demand for milk and milk products, the need for automation, and high labor costs are anticipated to drive the market.

The milk production industry has witnessed an increase in herd size and demand for milk in the past few years. A prominent factor driving the market growth is high labor costs. Robotics and automation technology has increased production capacities and operational efficiencies of milk producers. Furthermore, it is encouraging milk producers to adopt automation systems. Primary applications of milking robot systems include collecting and routing animals, cleaning teats, and milking operations.

The multi-stall unit segment is expected to witness the highest growth rate over the forecast years. Increase in herd size has elevated the adoption of automation and robotic systems in the dairy farming industry. Advantages bestowed by the technology include higher efficiency in milk production, elimination of labor, increased milking efficiencies and frequency, and consistent quality.

The key market participants in the milking robots market include DeLaval, Inc.; BouMatic; GEA Group AG; Fullwood Ltd.; and Lely Holding S.A.R.L. Vendors are expected to witness a rise in demand for robotic solutions over the forecast years, owing to increasing technological advancements.

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Milking Robots Market Report Highlights

The single-stall unit segment held the largest revenue share of 39.7% in 2023. This growth is attributed to the several benefits of single-stall units, such as reducing labor costs and eliminating the necessity for manual milking.
The herd size between 100 and 1,000 segment has the largest revenue share in 2023. The number of animals present in the farm primarily influences adoption of milking robots.
Asia Pacific milking robots dominated the global market in 2023. This is attributed to the rising consumption of milk and milk products, resulting in an increased need for effective technology-based solutions for milking and other tasks related to dairy farm management.