About Milking Equipment
Milking Equipment is most commonly used by farmers and cattle owners use every day to milk their cows and sheep. This equipments really made it easy to perform the agriculture of milking. These equipment are used to continuously remove some of the air from the various lines in the milking system. The growing demand for dairy products is expected to boost the market size in upcoming years.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
In Milking Equipment Market, it has been observed that most of the companies are upgrading or introducing innovative products. They rely on strategies such as mergers & acquisitions, product development, geographical expansion, technological innovation and sourcing strategies to enhance their market share. Analyst at AMA Research estimates that United States and European Manufacturers will contribute the maximum growth to Global Milking Equipment market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
GEA Group Aktiengesellschaft (Germany), JBT Corporation. (United States), SPX Flow Inc. (United States), Krones AG (Germany), Alfa Laval AB (Sweden), Tetra Pak International S.A. (Switzerland), Paul Mueller Company (United States), IMA Group (Italy), Feldmeier Equipment Inc. (New York), Scherjon Dairy Equipment Holland (The Netherlands), Stephan Machinery GMBH (Germany) and Shanghai Joylong Industry Co. Ltd. (China) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are S.A.E. Afikim (Israel), E-Zee Milking Equipment, LLC (United States) and The Coburn Company (United States).
Segmentation Overview
AMA Research has segmented the market of Global Milking Equipment market by , Application (Processed Milk, Milk Powder, Cheese, Protein Concentrate and Yogurt) and Region.
On the basis of geography, the market of Milking Equipment has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Components, the sub-segment i.e. Milking Machines will boost the Milking Equipment market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Milk Source, the sub-segment i.e. Cows will boost the Milking Equipment market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Equipment Type, the sub-segment i.e. Pasteurizers will boost the Milking Equipment market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Rising Automation Trends in Dairy Industry
Market Growth Drivers:
Growing Demand for Processed Dairy Products, Need to Increase Productivity and Increasing Focus on Safety of Dairy Products and the Safety of Workers
Challenges:
Lack of Trained Workforce and High Capital Investment
Restraints:
High Cost of Equipment Due to Its High Production Cost
Opportunities:
Growing Markets- Asia, Latin America, and Africa and Increasing Adoption of Milking Machines by Dairy Manufacturers
Market Leaders and their expansionary development strategies
In October 2021, BouMatic, an innovative dairy equipment manufacturer with global headquarters in Madison, Wisconsin,has acquired SAC Group. SAC, with headquarters in Kolding, Denmark, is a well reputed full line producer of complete milking systems for cows, sheep, and goats. Going forward, SAC will operate as a fully owned subsidiary of BouMatic. This acquisition demonstrates BouMatic’s continued commitment to bringing best-in-class dairy farm solutions to its clients across the world.
In January 2024, DeLaval has launched of their new VMS Batch Milking system, a method advancement in robotic milking technology that helps reduce labor and increase efficiency.this method, which has gained global traction with more than 10 installations milking a total of 10,000 cows worldwide, involves dividing herds into groups and bringing them to the milking center, similar to a traditional parlor or rotary.
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Milking Equipment Providers, Raw Material Suppliers, Dealers, Suppliers, Traders, and Distributors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End-Users
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.