The milking robots market is estimated to be worth USD 2.4 billion in 2022 and is projected to reach USD 4.2 billion by 2027, at a CAGR of 11.7% during the forecast period. Reduced labor costs due to automation in dairy farms, and technological advancements in dairy farms are some of the major factors driving the market growth.
The major players in the milking robots market with a significant global presence are Lely (Netherlands), GEA Group (Germany), DeLaval (Sweden), Fullwood JOZ (UK), and BouMatic (US). The market players have adopted various organic and inorganic growth strategies such as development of advanced products, expansions, partnerships, collaborations, agreements, and acquisitions to strengthen their position in the market.
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Lely (Netherlands) is a global leader in developing innovative and advanced solutions for sustainable milk production. Lely is a privately held business that aims to provide advanced and innovative solutions to the dairy industry. The company offers a comprehensive portfolio of advanced milking robots that not only improve the milk yield but also ensure animal welfare by maintaining superior hygiene standards in the milking stall. Along with milking solutions, Lely also offers maintenance and support services to ensure that the farm equipment is in appropriate condition. Lely mainly focuses on organic growth strategies such as product launches and expansions to strengthen its position in the milking robots market. The company invests significantly in R&D activities to not only develop new products but also enhance their existing products for higher productivity. The company spends ~6% of its revenue on R&D activities related to product development and advancement.
GEA Group(Germany) offers advanced solutions for enhanced milk production and livestock farming such as automatic milking and feeding systems, conventional milking solutions, and digital herd management solutions through its Farm Technologies Division. The company mainly focuses on organic growth strategies such as product launches and product developments to strengthen its position in the milking robots market. The company fosters product advancement and innovation by spending significantly on R&D activities. The company also boasts a strong geographic footprint with operations and sales in DACH & Eastern Europe, Western Europe, Middle East, and Africa, North and Central Europe, North America, Latin America, and Asia Pacific regions.
DeLaval (Sweden) is a leading manufacturer of integrated milking solutions that help in improving farm productivity and ensuring animal welfare. DeLaval focuses on both organic growth strategies such as product development and inorganic growth strategies such as acquisitions to strengthen its market position. The company has a diverse range of innovative products and solutions for automatic milking, which include the VMS voluntary milking system, the state-of-the-art AMR automatic rotary milking solution, and Flow-Responsive Milking technology among others.
Fullwood JOZ (UK), formally known as Fullwood Packo is a leading designer and manufacturer of milking and cooling systems. The company offers a wide range of robotic milking solutions which include milking robots, and related software that significantly improve milk yield in farms. Fullwood mainly focuses on inorganic growth strategies such as partnerships, collaborations, and acquisitions to strengthen its position in the milking robots market. Furthermore, the company has a strong network of channel partners that distribute the company’s products in more than 80 countries.
BouMatic (US) is a global leader in manufacturing and supplying advanced robotic systems for dairy farming which include single and double stall milking robots, and herd management software. BouMatic uses both organic and inorganic growth strategies to strengthen its position in the milking robots market. Organic growth strategies used by the company mainly include product launches. Inorganic growth used by the company mainly include acquisitions. In October 2021, BouMatic announced the acquisition of SAC Group, a leading producer of milking systems for cows, sheep, and goats.
Milking Robots Market by System Type (Single-stall Unit, Multi-stall Unit, Automated Milking Rotary), Herd Size (Below 100, Between 100 and 1,000, Above 1,000), Offering (Hardware, Software, Services) and Region - Global Forecast to 2027
See Also : Livestock Monitoring Companies
See Also: Milking Automation Companies
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