Global Automatic Milking Machines Market 2019-2023

Global Automatic Milking Machines Market 2019-2023

About this market

To increase the profitability for dairy farmers, the milk production must be increased, while time taken for mill production should be reduced. To improve the work efficiency in dairy farms, the diary farmers need to perform the milking operation in a lesser time. Hence, the prefer automatic milking machines, as they can manage larsger herds faster while minimizing the risk of transmitting pathogenic microorganisms. This allows the diary farmers to collect milk compared with the traditional way to milking. Hence, dairy farmers are increasingly investing in automatic milking machines, as they do not require any labor and enhance the milking efficiency, their increasing their profits. Technavio’s analysts have predicted that the automatic milking machines market will register a CAGR of more than 7% by 2023.

Market Overview

Increasing focus on improving milk quality and yield

The automatic milking machines help address the issues associated with quality of raw milk collected through traditional methods. Automatic milking machines also maintain the quality of milk by keeping the milk enclosed and safe from external contamination. Hence, the role of automatic milking machines on improving the milk quality and yield will fuel the growth of the market during the forecast period.

High investments and maintenance cost of automatic milking machines

The automatic milking machines also require frequent maintenance, which can incur additional cost, thereby making it difficult for the end- users to meet profitability in their business. Hence. The high upfront cost of automatic milking machines may hinder the potential growth of the market during our forecast period.

For the detailed list of factors that will drive and challenge the growth of the automatic milking machines market during the 2019-2023, view our report.

Competitive Landscape

The global automatic milking machines market is extremely concentrated. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market’s competitive landscape and offering information on the products offered by companies.


PRESS RELEASE

Technavio Announces the Publication of its Research Report – Global Automatic Milking Machines Market 2019-2023

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is the growing inclination toward automatic milking machines with mobile application.”

According to the report, one of the major drivers for this market is the growing inclination toward dairy products will drive the global automatic milking machines during the forecast period.

Further, the report states that one of the major factors hindering the growth of this market is the low adoption of automatic milking machines in developing economies may affect the potential growth of the market during our forecast period.

Companies Mentioned

BouMatic
DeLaval
GEA Group
Lely
Milkplan

  • Executive summary
  • Scope of the report
    • Preface
    • Currency conversion rates for US$
  • Market landscape
    • Market ecosystem
      • Table Global livestock farming market
      • Table Segments of global livestock farming market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2018
      • Table Market size 2018
    • Market size and forecast 2018-2023
      • Table Global market: Size and forecast 2018-2023 ($ millions)
      • Table Global market: Year-over-year growth 2019-2023 (%)
  • Five forces analysis
    • Table Five forces analysis 2018
    • Table Five forces analysis 2023
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2018
  • Market segmentation by product
    • Table Product - Market share 2018-2023 (%)
    • Comparison by product
      • Table Comparison by product
    • Semi-automatic milking machines - Market size and forecast 2018-2023
      • Table Semi-automatic milking machines - Market size and forecast 2018-2023 ($ millions)
      • Table Semi-automatic milking machines - Year-over-year growth 2019-2023 (%)
    • Fully-automatic milking machines - Market size and forecast 2018-2023
      • Table Fully-automatic milking machines - Market size and forecast 2018-2023 ($ millions)
      • Table Fully-automatic milking machines - Year-over-year growth 2019-2023 (%)
    • Market opportunity by product
      • Table Market opportunity by product
  • Market segmentation by mobility
    • Portable automatic milking machines
    • Stationary automatic milking machines
  • Customer landscape
    • Table Customer landscape
  • Geographic landscape
    • Geographic segmentation
      • Table Market share by geography 2018-2023 (%)
    • Geographic comparison
      • Table Geographic comparison
    • EMEA - Market size and forecast 2018-2023
      • Table EMEA - Market size and forecast 2018-2023 ($ millions)
      • Table EMEA - Year-over-year growth 2019-2023 (%)
    • Americas - Market size and forecast 2018-2023
      • Table Americas - Market size and forecast 2018-2023 ($ millions)
      • Table Americas - Year-over-year growth 2019-2023 (%)
    • APAC - Market size and forecast 2018-2023
      • Table APAC - Market size and forecast 2018-2023 ($ millions)
      • Table APAC - Year-over-year growth 2019-2023 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
      • Table Impact of drivers and challenges
  • Market Trends
    • Rising demand for sensor-based milking
    • New product launches
    • Growing inclination toward automatic milking machines with mobile applications
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive scenario
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • BouMatic
      • Table BouMatic - Vendor overview
      • Table BouMatic - Product segments
      • Table BouMatic - Key offerings
      • Table BouMatic - Key customers
    • DeLaval
      • Table DeLaval - Vendor overview
      • Table DeLaval - Product segments
      • Table DeLaval - Geographic focus
      • Table DeLaval - Segment focus
      • Table DeLaval - Key offerings
      • Table DeLaval - Key customers
    • GEA Group
      • Table GEA Group - Vendor overview
      • Table GEA Group - Business segments
      • Table GEA Group - Organizational developments
      • Table GEA Group - Geographic focus
      • Table GEA Group - Segment focus
      • Table GEA Group - Key offerings
      • Table GEA Group - Key customers
    • Lely
      • Table Lely - Vendor overview
      • Table Lely - Product segments
      • Table Lely - Key offerings
      • Table Lely - Key customers
    • Milkplan
      • Table Milkplan - Vendor overview
      • Table Milkplan - Product segments
      • Table Milkplan - Geographic focus
      • Table Milkplan - Key offerings
      • Table Milkplan - Key customers
  • Appendix
    • Research methodology
      • Table Validation techniques employed for market sizing
    • List of abbreviations
  • Explore Technavio

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