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Explore Global milking robots market size to reach at a CAGR of 11.5% during 2017-2024

Explore Global milking robots market size to reach at a CAGR of 11.5% during 2017-2024

The Global Milking Robots Market accounted for USD 1.4 billion in 2016 growing at a CAGR of 11.5% during the forecast period of 2017 to 2024.

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Global Milking Robots market, By Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa), By Offering (Hardware, Software, Service), System Type (Single-Stall Unit, Multi-Stall Unit, Automated Milking Rotary), Herd Size (Below 100, Between 100 and 1,000 and Above 1,000) – Industry Trends and Forecast to 2024

The upcoming market report contains data for historic year 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

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Milking robots are the robots replace a person to do all the jobs involved in milking a herd of cows. This automated system is the collection of the specifically devoted to extracting milk from an animal.

Global Milking Robots Major market drivers:

  • Stringent government regulations due to dairy quality
  • Reduced labor cost due to automation on dairy farms
  • Increasing herd size of dairy farms

Global Milking Robots Market Segmentation:

The milking robots market is segmented on the basis of offering into hardware, software, and service.

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The global milking robots market is also segmented on the basis of system type into single-stall unit, multi-stall unit, and automated milking rotary. 

On the basis of herd size, the global milking robots market is further segmented into below 100, between 100 and 1,000 and above 1,000.

On the basis of geography, global milking robots market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.

In 2017, North America is expected to dominate the market.

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Global Milking Robots Market – Company Share Analysis:

The report for milking robots  market include detailed vendor level analysis for market shares in 2016 for Global, North America, Europe, Asia Pacific, Middle East and Africa and South America specifically. Also impact and development analysis of key vendors is registered in the market and factored on the basis of Vendor Positioning Grid Analysis which measures the vendors strengths and opportunities against present market challenges, measure providers ability to identify or satisfy present market needs, map providers market vision to current and upcoming market dynamics among others.

The report also measures technology life line curve and market time line to analyze and do more affective investments.

Global Milking Robots Market – Major Market Competitors:

Some of the major players of the global milking robots  market are DeLaval Holding AB, GEA Group AG, Lely Holding S.A.R.L., SCR Dairy Inc., S.A. Christensen & Co., Fullwood Ltd, Afimilk Ltd, BouMatic LLC, Hokofarm Group B.V., DairyMaster Ltd, Livestock Improvement Corp Ltd., and DairyMaster Ltd., among others.

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