December 07, 2021 06:38 ET | Source: Research and Markets Research and Markets
Dublin, Dec. 07, 2021 (GLOBE NEWSWIRE) -- The "Milking Machines Global Market Report 2021: COVID-19 Impact and Recovery to 2030" report has been added to ResearchAndMarkets.com's offering. This report provides strategists, marketers and senior management with the critical information they need to assess the global milking machines market as it emerges from the COVID-19 shut down.
The global milking machines market is expected to grow from $3.67 billion in 2020 to $4.22 billion in 2021 at a compound annual growth rate (CAGR) of 15%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $6.87 billion in 2025 at a CAGR of 13%. Reasons to Purchase
Where is the largest and fastest growing market for the milking machines ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The Milking Machine market global report answers all these questions and many more. The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography. It places the market within the context of the wider milking machines market, and compares it with other markets.
Major players in the milking machines market are Lely Holding S.a.r.l., GEA Group, DeLaval Inc., Fullwood Ltd, BouMatic Robotics B.V., S. A. Christensen & Co, AMS-Galaxy USA, Bon-Matic, Universal, and Afimilk Ltd. The milking machines market consists of sales of milking machines by entities (organizations, sole traders, or partnerships) that are engaged in manufacturing milking machines that are used for milk extraction from dairy animals, especially dairy cattle. Only goods and services traded between entities or sold to end consumers are included. The robotic milking machines has created immense demand in the milking machinery market. More dairy farmers are looking to robotic-milking systems as a result of the difficulty in finding a dependable workforce or being able to afford labor costs. In January 2019, GEA launched a GEA DairyRobot R9500 Milking Robot which brings a new level of intelligent milking to the farm. Similarly, in April 2018, LELY introduced a new robot milking machinery called Astronaut A5. Lely Astronaut A5 is intended to convey top-level usability, longevity, and reliability and produces a healthy and stress-free milking experience for both the farmers and their cows. With the Lely Astronaut A5, cow convenience has been furthermore advanced with a new hybrid arm that is placid, faster, energy-efficient, and more precise than results in concordant milking. Robotic Milking machinery is increasingly being used by dairy farmers for extracting milk from cattle. Animals (in robotic-milking systems) are undergoing less physical pressure and have expanded autonomy and freedom of movement, less-organized timetables, and lower pressure, all resulting in a better quantity of milk. The milking machines market covered in this report is segmented by product type into fully automatic, semi-automatic, by livestock into cow, sheep, goat, buffalo, others, by application into micro-dairy farms, macro dairy farms, others. Key Topics Covered: 1. Executive Summary 2. Milking Machines Market Characteristics 3. Milking Machines Market Trends and Strategies 4. Impact of COVID-19 on Milking Machines 5. Milking Machines Market Size and Growth 5.1. Global Milking Machines Historic Market, 2015-2020, $ Billion 5.1.1. Drivers of the Market 5.1.2. Restraints on the Market 5.2. Global Milking Machines Forecast Market, 2020-2025F, 2030F, $ Billion 5.2.1. Drivers of the Market 5.2.2. Restraints on the Market 6. Milking Machines Market Segmentation 6.1. Global Milking Machines Market, Segmentation by Product Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
6.2. Global Milking Machines Market, Segmentation by Livestock, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
6.3. Global Milking Machines Market, Segmentation by Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
7. Milking Machines Market Regional and Country Analysis 7.1. Global Milking Machines Market, Split by Region, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion 7.2. Global Milking Machines Market, Split by Country, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion For more information about this report visit https://www.researchandmarkets.com/r/g0v3qr