Global Milking Machine Market - A Report by Fact.MR

Fact.MR, in its latest business intelligence study, depicts the nuts and bolts of the global milking machine market. The milking machine market report presents detailed information regarding the drivers, restraints, opportunities and trends affecting market growth. Each segment along with its sub-segment is analyzed in terms of value and volume. Further, the milking machine market report elaborates the market behavior of each vendor operating in the milking machine market.

According to a recent Fact.MR study, the global sales of milking machines were upward of 10 thousand units in 2018, and are estimated to record 7% Y-o-Y growth in 2019. Price volatility in the dairy industry shows no signs of abating, however the global milk production has been on an upward spiral in the recent past. Additionally, there has been a marked rise in adoption of milking machines among dairy farmers to stay ahead of the curve in this fiercely competitive landscape.

The Fact.MR study opines that the demand for cow milk is steadily exceeding the global supply, and eventually milking machines will replace labor-intensive operations in cow milk businesses. Leading manufacturers in the milking machine industry are increasingly focusing on small-scale businesses that are engaged in cow milk production, as local dairy businesses are primary suppliers to households in most developing countries.

The milking machine market report considers the following years to present the overall market growth:

History Year: 2013 - 2018
Base Year: 2013
Estimated Year: 2027
Forecast Year: 2019 – 2027

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Key findings of the milking machine market study:

Regional breakdown of the milking machine market based on predefined taxonomy.
Innovative manufacturing processes implemented by milking machine market vendors in detail.
Region-wise and country-wise fragmentation of the milking machine market to grasp the revenue, and growth outlook in these areas.
Changing preferences among consumers across various regions and countries.
Factors (Positive and Negative) impacting the growth of the global milking machine market.

On the basis of product type, the milking machine market study consists of:

Fully Automatic
Semi-Automatic

On the basis of model type, the milking machine market study incorporates:

Mobile
Stationary
Pipeline

According to the study, growth of the milking machine market in the APEJ is mainly attributed to two factors—a dramatic upsurge in the milk production in developing Asian nations, and the negative impacts of the 2018 European drought and heat wave on its dairy industry. The EU-drought of 2018 caused lower milk yields in the region, causing the EU milk prices to soar. This is restricting European dairy businesses from adopting expensive milking machines in order to maintain competitive milk prices in the region.

A key trend gaining utter traction in the milking machine market is growing demand for fully automatic variants, as the requirement for time-effective production and enhanced productivity continues to intensify among dairy farmers. The efficiency in milking multiple animals in a single go, which increases the milking efficiency while reducing the dependency on labor and leading to quality improvement, continues to advocate adoption of automatic milking machines in the dairy industry.

On the basis of region, the milking machine market study contains:

North America (U.S., Canada)
Latin America (Brazil, Mexico)
Europe (U.K., Germany)
APEJ (China, India)

Key players analyzed in the milking machine market study:

LELY
GEA Group
DeLaval
Fullwood Packo
BouMatic
A. Christensen & Co.
Milkplan Farming Technologies
Prompt Dairy Tech
ADFmilking Ltd.
Afimilk Ltd.
Impact Technologies
Bisstarr Milking Systems
Vansun Technologies Pvt Ltd.
AMS-Galaxy USA
Caprine Supply

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Queries addressed in the milking machine market report:

How has the global milking machine market grown over the historic period of 2013-2018?
Why are the milking machine market players targeting region for increased product sales?
What patented technologies are the players utilizing in the global milking machine market?
Which regions are displaying the fastest growth in the milking machine market?
What are the underlying micro- macroeconomic factors affecting the global milking machine market?

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