Published Date: 24-Nov-2022
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According to a new report, published by KBV research, The Global Milking Robots Market size is expected to reach $4.4 billion by 2028, rising at a market growth of 11.9% CAGR during the forecast period.
The Software market is showcasing a CAGR of 12.4% during (2022 - 2028). It is due to the increasing awareness of the benefits of automated milking systems, particularly on farms with big herds, and techniques to evaluate information gathered by software platforms and mobile apps that are among the most important drivers driving the expansion of the services industry.
The Single-stall Unit market is leading the segment in the Global Milking Robots Market by System Type in 2021; thereby, achieving a market value of $2.16 billion by 2028. Because single-stall units have a lower capacity, the expenses associated with their design as well as the expenditures linked to the installation of control systems and other components are greatly reduced. These systems may milk anywhere from 60 to 70 dairy cows about three times a day while still maintaining the high milking performance requirements and efficiency that are typical of most farms.
Between 100 & 1,000 market is registering a CAGR of 12.3% during (2022 - 2028). Milking robots are becoming increasingly popular on dairy farms with herd sizes between 100 and 1,000 animals. This is because these devices make it possible to milk many cows at the same time, which increases milk production.
The Europe market dominated the Global Milking Robots Market by Region in 2021; thereby, achieving a market value of $1.56 billion by 2028. The North America market is poised to grow at a CAGR of 11.3% during (2022 - 2028). Additionally, The Asia Pacific market would witness a CAGR of 12.9% during (2022 - 2028).
Full Report: https://www.kbvresearch.com/milking-robots-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Tetra Laval International S.A. (DeLaval), GEA Group AG, Madison One Holdings, LLC (BouMatic), Lely International N.V., Fullwood Ltd., Milkomax, Solutions laitières, Inc., System Happel GmbH, Waikato Milking Systems NZ LP, AMS Galaxy USA and Dairymaster USA, Inc.
By System Type
By Herd Size
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