Enjoy complimentary customisation on priority with our Enterprise License!
The automatic milking machines market size is forecast to increase by USD 1.68 billion at a CAGR of 6.8% between 2023 and 2028. The market is witnessing significant growth due to the increasing need to improve work efficiency in dairy farms. This trend is particularly prevalent in regions with large-scale dairy farming operations. Another key driver is the rising demand for sensor-based milking systems, which offer improved accuracy and productivity. Robotic and automatic milking machines, as well as milking parlors, are more expensive than traditional automatic milking systems. Smart feeding robots are also an add-on feature that can optimize feeding schedules for dairy cattle, enhancing overall farm machinery productivity. Thus, such factors are driving the growth of the market during the forecast period. These machines require regular servicing and maintenance to ensure optimal performance, which can be costly for farmers. Additionally, the initial investment required to purchase and install these systems can be substantial. Despite these challenges, the benefits of automatic milking machines, such as increased productivity, improved animal welfare, and enhanced milk quality, are driving demand in the market.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Market Segmentation by Mobility Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
Get lifetime access to our
Technavio Insights
Quick Report Overview:
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.
Get the report (PDF) sent to your email within minutes.