By 2033, a sizable CAGR of 8.4% is anticipated for the industry. According to FMI, the revenue share of the market for cow milking machines is expected to rise from USD 888 million in 2023 to USD 1,989 million by 2033.
How Automation Influences Cow Milking Machine Productivity?
Recent emerging adoption trends in the market are automated cow milking machines, which also provide fresh milk in a hygienic and secure manner. Key manufacturers of cow milking machine assist in addressing a number of drawbacks associated with the manual milking process, including milk contamination and inconsistent milking.
To meet customer demand, large-scale, commercial dairy farms need to produce significant amounts of milk. To improve milk quality and cut costs, these dairy farms are investing in automated milking machines. The result is that global business is growing at a rate of 1.08x compared to the previous year.
The majority of dairy farms today are automated and employ high-tech milking equipment that can work quickly and gather the milk more quickly. These machines feature sensors that keep track of each cow's milk production and udder size.
Top players in the cow milking machine market are experiencing several opportunities in the global business as a result of the increase in dairy farm productivity. The machine's ability to be operated by a single operator also helps to lower labor costs.
The primary barrier to the market is the greater initial cost of the cow milking machine. The dearth of competent labor to operate the devices is another issue. For the devices to function properly and last a long time, constant maintenance is required. Improper handling might result in significant losses for the cow milking machine market.
| Attributes | Details |
|---|---|
| Cow Milking Machine Market CAGR (2023 to 2033) | 8.4% |
| Cow Milking Machine Market Size (2023) | USD 888 million |
| Cow Milking Machine Market Size (2033) | USD 1,989 million |
The development of sophisticated electromechanical technology in the dairy equipment sector has had a considerable impact on the demand for cow milking machines. When compared to the 7.5% CAGR recorded between 2016 and 2022, the cow milking machine business is predicted to expand at an 8.4% CAGR between 2023 and 2033.
| Market Statistics | Details |
|---|---|
| Market Share (2016) | USD 530.1 million |
| Market Share (2021) | USD 761.8 million |
| Market Share (2022) | USD 819.1 million |
Advanced dairy equipment is no longer only used in large-scale dairy production facilities; small- and medium-sized dairy enterprises are increasingly incorporating it into their manufacturing cow milking machines.
Short-term Growth (2023 to 2026): a promising market trend is a fully autonomous variation. Short-term sales of cow milking machines are projected to rise in the industry as a result.
Medium-term Growth (2027 to 2029): during the predicted period, there is likely to increase in knowledge of these machines worldwide and in rural cooperative dairy enterprises.
Long-term Growth (2030 to 2033): high investment prospects by key market participants are projected to give great profit margins by 2033.
Key areas in the livestock business where the application of AI can yield significant benefits include combating parasites, biosecurity, monitoring farm animals, and farm management. In November 2018, rotational milking adopted artificial intelligence (AI) thanks to Dairymaster, an Irish producer of dairy equipment.
Most industrial sectors, including the dairy industry, have been affected by the fourth industrial revolution. It has increased the demand for cow milking machines in the fast-growing organic dairy industries throughout the world.
In an effort to meet end-user demands for company efficiency, milking machine industry leaders are introducing more user-friendly controls and effective features thanks to technological advancements.
The introduction of next-generation automation technologies in the dairy equipment business can support an increase in the sales of fully automatic cow milking machines.
Sales of these versions are nevertheless supported by end users' willingness to pay more for technologically advanced and automated milking machines. It is primarily driven by dairy firms' growing demand to increase milking efficiencies per labor hour.
FMI suggests cow milking machine manufacturers concentrate on using the internet of things (IoT) and 5G for increased productivity, profitability, and efficiency. Key players must concentrate on enlarging their product portfolios through acquisitions, and more, to take advantage of these opportunities.
The market for milking machines is currently trending toward higher demand for semi-automated models than for fully automatic ones. However, the introduction of robotic milking systems in the business can support the sales of fully automatic cow milking machines, with a CAGR of 8.3%.
As leading milking machine manufacturers introduce machines with herd management systems, the demand for fully automated milking machines is expected to soar in the near future.
The mobile model system outperforms the stationary milking apparatus, allowing the cows to spend the entire summer outdoors without ever leaving the pasture. With this arrangement, cows are milked in a mobile parlor that is on a grazing pasture, eliminating the need for herd trails. All challenges with remote herds are resolved by mobile models.
| Countries | Market Value (2022) |
|---|---|
| USA | USD 220.1 million |
| UK | USD 71.9 million |
| China | USD 67.69 million |
| Australia | USD 22.2 million |
| Germany | USD 140.2 million |
| Japan | USD 39.7 million |
| India | USD 34.3 million |
The USA is expected to generate the greatest revenue due to rising milk product demand and increased implementation of cutting-edge automated equipment. In 2022, it holds the largest cow milking machine market share at 26.9%.
Major dairy products are in high demand in this region. The region's dairy producers place a strong emphasis on using cutting-edge automated dairy equipment to produce high-quality milk products quickly.
Additionally, the essential stakeholders emphasize the delivery of high-quality equipment. As an illustration, the market-leading BouMatic LLC, with its headquarters in Wisconsin, USA, manufactures and runs milking machines through a subsidiary, BouMatic Robotics B.V.
For dairy farmers, a Dutch start-up makes milking robots. The business is primarily concerned with maintaining the harmony between cows, people, and technology, while also incorporating contemporary robotics into the dairy cattle industry.
Despite a severe dichotomy between vegetarianism and the region's heavy consumption of dairy products, the milking machine business in Europe is predicted to develop significantly over the coming years.
| UK Market CAGR (2033) | 9% |
|---|---|
| UK Market Share (2033) | 8.8% |
| UK Market Value (2033) | USD 170.3 million |
The UK's strong acceptance of technology automation is one factor that is helping to fuel the market's expansion. The industry is also being driven by the presence of top milking machines and dairy manufacturers. For instance, Fullwood Packo is a well-known producer of milking systems and milk chilling tanks with its headquarters in Ellesmere, England.
For the food and pharmaceutical industries, the company provides high-quality products. They produce sophisticated robotic milking systems with a strong emphasis on enhancing productivity, efficiency, and milk quality.
High sales of cow milking machines are anticipated for nations like China and India in the upcoming years, due to a variety of industry developments in these nations.
| Country | China |
|---|---|
| Market Share (2033) | 8.30% |
| Market CAGR (2033) | 6.70% |
| Market Value (2033) | USD 129.9 million |
| Country | India |
|---|---|
| Market Share (2033) | 5.20% |
| Market CAGR (2033) | 9.90% |
| Market Value (2033) | USD 87.8 million |
Along with new manufacturing methods, the local government in these areas is also helping the dairy business expand. As a result, the global industry is expanding due to rising opportunities in the cow milking machine market.
Germany holds a market share of 14.1% in 2022 due to high investment plans.
Leading dairy producers' emphasis on minimizing labor dependence is reflected in their recent business strategies, which support the deployment of cutting-edge automated technologies in the market.
Targeting new dairy businesses, developing cutting-edge products, and expanding product penetration through e-commerce are anticipated to generate sizable market potential.
For instance, in January 2016, DeLaval, another well-known brand in milking equipment, was bought by the largest company. DeLaval paid USD 780 Million in cash for the transaction. The position of DeLaval in the market for milking equipment around the world is improved by this acquisition.
The cow milking machine industry has a vibrant start-up scene. Numerous new businesses and goods are being developed. Being active in this sector right now is a wise decision. There are several chances for new goods and services, for this high investments are required by start-ups and key players.
Recent Developments
Table 1: Global Market Value (US$ Million) Forecast by Region, 2018 to 2033
Table 2: Global Market Volume (Units) Forecast by Region, 2018 to 2033
Table 3: Global Market Value (US$ Million) Forecast by Product Type, 2018 to 2033
Table 4: Global Market Volume (Units) Forecast by Product Type, 2018 to 2033
Table 5: Global Market Value (US$ Million) Forecast by Model Type, 2018 to 2033
Table 6: Global Market Volume (Units) Forecast by Model Type, 2018 to 2033
Table 7: Global Market Value (US$ Million) Forecast by Buyer Type, 2018 to 2033
Table 8: Global Market Volume (Units) Forecast by Buyer Type, 2018 to 2033
Table 9: North America Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 10: North America Market Volume (Units) Forecast by Country, 2018 to 2033
Table 11: North America Market Value (US$ Million) Forecast by Product Type, 2018 to 2033
Table 12: North America Market Volume (Units) Forecast by Product Type, 2018 to 2033
Table 13: North America Market Value (US$ Million) Forecast by Model Type, 2018 to 2033
Table 14: North America Market Volume (Units) Forecast by Model Type, 2018 to 2033
Table 15: North America Market Value (US$ Million) Forecast by Buyer Type, 2018 to 2033
Table 16: North America Market Volume (Units) Forecast by Buyer Type, 2018 to 2033
Table 17: Latin America Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 18: Latin America Market Volume (Units) Forecast by Country, 2018 to 2033
Table 19: Latin America Market Value (US$ Million) Forecast by Product Type, 2018 to 2033
Table 20: Latin America Market Volume (Units) Forecast by Product Type, 2018 to 2033
Table 21: Latin America Market Value (US$ Million) Forecast by Model Type, 2018 to 2033
Table 22: Latin America Market Volume (Units) Forecast by Model Type, 2018 to 2033
Table 23: Latin America Market Value (US$ Million) Forecast by Buyer Type, 2018 to 2033
Table 24: Latin America Market Volume (Units) Forecast by Buyer Type, 2018 to 2033
Table 25: Europe Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 26: Europe Market Volume (Units) Forecast by Country, 2018 to 2033
Table 27: Europe Market Value (US$ Million) Forecast by Product Type, 2018 to 2033
Table 28: Europe Market Volume (Units) Forecast by Product Type, 2018 to 2033
Table 29: Europe Market Value (US$ Million) Forecast by Model Type, 2018 to 2033
Table 30: Europe Market Volume (Units) Forecast by Model Type, 2018 to 2033
Table 31: Europe Market Value (US$ Million) Forecast by Buyer Type, 2018 to 2033
Table 32: Europe Market Volume (Units) Forecast by Buyer Type, 2018 to 2033
Table 33: Asia Pacific Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 34: Asia Pacific Market Volume (Units) Forecast by Country, 2018 to 2033
Table 35: Asia Pacific Market Value (US$ Million) Forecast by Product Type, 2018 to 2033
Table 36: Asia Pacific Market Volume (Units) Forecast by Product Type, 2018 to 2033
Table 37: Asia Pacific Market Value (US$ Million) Forecast by Model Type, 2018 to 2033
Table 38: Asia Pacific Market Volume (Units) Forecast by Model Type, 2018 to 2033
Table 39: Asia Pacific Market Value (US$ Million) Forecast by Buyer Type, 2018 to 2033
Table 40: Asia Pacific Market Volume (Units) Forecast by Buyer Type, 2018 to 2033
Table 41: MEA Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 42: MEA Market Volume (Units) Forecast by Country, 2018 to 2033
Table 43: MEA Market Value (US$ Million) Forecast by Product Type, 2018 to 2033
Table 44: MEA Market Volume (Units) Forecast by Product Type, 2018 to 2033
Table 45: MEA Market Value (US$ Million) Forecast by Model Type, 2018 to 2033
Table 46: MEA Market Volume (Units) Forecast by Model Type, 2018 to 2033
Table 47: MEA Market Value (US$ Million) Forecast by Buyer Type, 2018 to 2033
Table 48: MEA Market Volume (Units) Forecast by Buyer Type, 2018 to 2033
Figure 1: Global Market Value (US$ Million) by Product Type, 2023 to 2033
Figure 2: Global Market Value (US$ Million) by Model Type, 2023 to 2033
Figure 3: Global Market Value (US$ Million) by Buyer Type, 2023 to 2033
Figure 4: Global Market Value (US$ Million) by Region, 2023 to 2033
Figure 5: Global Market Value (US$ Million) Analysis by Region, 2018 to 2033
Figure 6: Global Market Volume (Units) Analysis by Region, 2018 to 2033
Figure 7: Global Market Value Share (%) and BPS Analysis by Region, 2023 to 2033
Figure 8: Global Market Y-o-Y Growth (%) Projections by Region, 2023 to 2033
Figure 9: Global Market Value (US$ Million) Analysis by Product Type, 2018 to 2033
Figure 10: Global Market Volume (Units) Analysis by Product Type, 2018 to 2033
Figure 11: Global Market Value Share (%) and BPS Analysis by Product Type, 2023 to 2033
Figure 12: Global Market Y-o-Y Growth (%) Projections by Product Type, 2023 to 2033
Figure 13: Global Market Value (US$ Million) Analysis by Model Type, 2018 to 2033
Figure 14: Global Market Volume (Units) Analysis by Model Type, 2018 to 2033
Figure 15: Global Market Value Share (%) and BPS Analysis by Model Type, 2023 to 2033
Figure 16: Global Market Y-o-Y Growth (%) Projections by Model Type, 2023 to 2033
Figure 17: Global Market Value (US$ Million) Analysis by Buyer Type, 2018 to 2033
Figure 18: Global Market Volume (Units) Analysis by Buyer Type, 2018 to 2033
Figure 19: Global Market Value Share (%) and BPS Analysis by Buyer Type, 2023 to 2033
Figure 20: Global Market Y-o-Y Growth (%) Projections by Buyer Type, 2023 to 2033
Figure 21: Global Market Attractiveness by Product Type, 2023 to 2033
Figure 22: Global Market Attractiveness by Model Type, 2023 to 2033
Figure 23: Global Market Attractiveness by Buyer Type, 2023 to 2033
Figure 24: Global Market Attractiveness by Region, 2023 to 2033
Figure 25: North America Market Value (US$ Million) by Product Type, 2023 to 2033
Figure 26: North America Market Value (US$ Million) by Model Type, 2023 to 2033
Figure 27: North America Market Value (US$ Million) by Buyer Type, 2023 to 2033
Figure 28: North America Market Value (US$ Million) by Country, 2023 to 2033
Figure 29: North America Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 30: North America Market Volume (Units) Analysis by Country, 2018 to 2033
Figure 31: North America Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 32: North America Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 33: North America Market Value (US$ Million) Analysis by Product Type, 2018 to 2033
Figure 34: North America Market Volume (Units) Analysis by Product Type, 2018 to 2033
Figure 35: North America Market Value Share (%) and BPS Analysis by Product Type, 2023 to 2033
Figure 36: North America Market Y-o-Y Growth (%) Projections by Product Type, 2023 to 2033
Figure 37: North America Market Value (US$ Million) Analysis by Model Type, 2018 to 2033
Figure 38: North America Market Volume (Units) Analysis by Model Type, 2018 to 2033
Figure 39: North America Market Value Share (%) and BPS Analysis by Model Type, 2023 to 2033
Figure 40: North America Market Y-o-Y Growth (%) Projections by Model Type, 2023 to 2033
Figure 41: North America Market Value (US$ Million) Analysis by Buyer Type, 2018 to 2033
Figure 42: North America Market Volume (Units) Analysis by Buyer Type, 2018 to 2033
Figure 43: North America Market Value Share (%) and BPS Analysis by Buyer Type, 2023 to 2033
Figure 44: North America Market Y-o-Y Growth (%) Projections by Buyer Type, 2023 to 2033
Figure 45: North America Market Attractiveness by Product Type, 2023 to 2033
Figure 46: North America Market Attractiveness by Model Type, 2023 to 2033
Figure 47: North America Market Attractiveness by Buyer Type, 2023 to 2033
Figure 48: North America Market Attractiveness by Country, 2023 to 2033
Figure 49: Latin America Market Value (US$ Million) by Product Type, 2023 to 2033
Figure 50: Latin America Market Value (US$ Million) by Model Type, 2023 to 2033
Figure 51: Latin America Market Value (US$ Million) by Buyer Type, 2023 to 2033
Figure 52: Latin America Market Value (US$ Million) by Country, 2023 to 2033
Figure 53: Latin America Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 54: Latin America Market Volume (Units) Analysis by Country, 2018 to 2033
Figure 55: Latin America Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 56: Latin America Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 57: Latin America Market Value (US$ Million) Analysis by Product Type, 2018 to 2033
Figure 58: Latin America Market Volume (Units) Analysis by Product Type, 2018 to 2033
Figure 59: Latin America Market Value Share (%) and BPS Analysis by Product Type, 2023 to 2033
Figure 60: Latin America Market Y-o-Y Growth (%) Projections by Product Type, 2023 to 2033
Figure 61: Latin America Market Value (US$ Million) Analysis by Model Type, 2018 to 2033
Figure 62: Latin America Market Volume (Units) Analysis by Model Type, 2018 to 2033
Figure 63: Latin America Market Value Share (%) and BPS Analysis by Model Type, 2023 to 2033
Figure 64: Latin America Market Y-o-Y Growth (%) Projections by Model Type, 2023 to 2033
Figure 65: Latin America Market Value (US$ Million) Analysis by Buyer Type, 2018 to 2033
Figure 66: Latin America Market Volume (Units) Analysis by Buyer Type, 2018 to 2033
Figure 67: Latin America Market Value Share (%) and BPS Analysis by Buyer Type, 2023 to 2033
Figure 68: Latin America Market Y-o-Y Growth (%) Projections by Buyer Type, 2023 to 2033
Figure 69: Latin America Market Attractiveness by Product Type, 2023 to 2033
Figure 70: Latin America Market Attractiveness by Model Type, 2023 to 2033
Figure 71: Latin America Market Attractiveness by Buyer Type, 2023 to 2033
Figure 72: Latin America Market Attractiveness by Country, 2023 to 2033
Figure 73: Europe Market Value (US$ Million) by Product Type, 2023 to 2033
Figure 74: Europe Market Value (US$ Million) by Model Type, 2023 to 2033
Figure 75: Europe Market Value (US$ Million) by Buyer Type, 2023 to 2033
Figure 76: Europe Market Value (US$ Million) by Country, 2023 to 2033
Figure 77: Europe Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 78: Europe Market Volume (Units) Analysis by Country, 2018 to 2033
Figure 79: Europe Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 80: Europe Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 81: Europe Market Value (US$ Million) Analysis by Product Type, 2018 to 2033
Figure 82: Europe Market Volume (Units) Analysis by Product Type, 2018 to 2033
Figure 83: Europe Market Value Share (%) and BPS Analysis by Product Type, 2023 to 2033
Figure 84: Europe Market Y-o-Y Growth (%) Projections by Product Type, 2023 to 2033
Figure 85: Europe Market Value (US$ Million) Analysis by Model Type, 2018 to 2033
Figure 86: Europe Market Volume (Units) Analysis by Model Type, 2018 to 2033
Figure 87: Europe Market Value Share (%) and BPS Analysis by Model Type, 2023 to 2033
Figure 88: Europe Market Y-o-Y Growth (%) Projections by Model Type, 2023 to 2033
Figure 89: Europe Market Value (US$ Million) Analysis by Buyer Type, 2018 to 2033
Figure 90: Europe Market Volume (Units) Analysis by Buyer Type, 2018 to 2033
Figure 91: Europe Market Value Share (%) and BPS Analysis by Buyer Type, 2023 to 2033
Figure 92: Europe Market Y-o-Y Growth (%) Projections by Buyer Type, 2023 to 2033
Figure 93: Europe Market Attractiveness by Product Type, 2023 to 2033
Figure 94: Europe Market Attractiveness by Model Type, 2023 to 2033
Figure 95: Europe Market Attractiveness by Buyer Type, 2023 to 2033
Figure 96: Europe Market Attractiveness by Country, 2023 to 2033
Figure 97: Asia Pacific Market Value (US$ Million) by Product Type, 2023 to 2033
Figure 98: Asia Pacific Market Value (US$ Million) by Model Type, 2023 to 2033
Figure 99: Asia Pacific Market Value (US$ Million) by Buyer Type, 2023 to 2033
Figure 100: Asia Pacific Market Value (US$ Million) by Country, 2023 to 2033
Figure 101: Asia Pacific Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 102: Asia Pacific Market Volume (Units) Analysis by Country, 2018 to 2033
Figure 103: Asia Pacific Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 104: Asia Pacific Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 105: Asia Pacific Market Value (US$ Million) Analysis by Product Type, 2018 to 2033
Figure 106: Asia Pacific Market Volume (Units) Analysis by Product Type, 2018 to 2033
Figure 107: Asia Pacific Market Value Share (%) and BPS Analysis by Product Type, 2023 to 2033
Figure 108: Asia Pacific Market Y-o-Y Growth (%) Projections by Product Type, 2023 to 2033
Figure 109: Asia Pacific Market Value (US$ Million) Analysis by Model Type, 2018 to 2033
Figure 110: Asia Pacific Market Volume (Units) Analysis by Model Type, 2018 to 2033
Figure 111: Asia Pacific Market Value Share (%) and BPS Analysis by Model Type, 2023 to 2033
Figure 112: Asia Pacific Market Y-o-Y Growth (%) Projections by Model Type, 2023 to 2033
Figure 113: Asia Pacific Market Value (US$ Million) Analysis by Buyer Type, 2018 to 2033
Figure 114: Asia Pacific Market Volume (Units) Analysis by Buyer Type, 2018 to 2033
Figure 115: Asia Pacific Market Value Share (%) and BPS Analysis by Buyer Type, 2023 to 2033
Figure 116: Asia Pacific Market Y-o-Y Growth (%) Projections by Buyer Type, 2023 to 2033
Figure 117: Asia Pacific Market Attractiveness by Product Type, 2023 to 2033
Figure 118: Asia Pacific Market Attractiveness by Model Type, 2023 to 2033
Figure 119: Asia Pacific Market Attractiveness by Buyer Type, 2023 to 2033
Figure 120: Asia Pacific Market Attractiveness by Country, 2023 to 2033
Figure 121: MEA Market Value (US$ Million) by Product Type, 2023 to 2033
Figure 122: MEA Market Value (US$ Million) by Model Type, 2023 to 2033
Figure 123: MEA Market Value (US$ Million) by Buyer Type, 2023 to 2033
Figure 124: MEA Market Value (US$ Million) by Country, 2023 to 2033
Figure 125: MEA Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 126: MEA Market Volume (Units) Analysis by Country, 2018 to 2033
Figure 127: MEA Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 128: MEA Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 129: MEA Market Value (US$ Million) Analysis by Product Type, 2018 to 2033
Figure 130: MEA Market Volume (Units) Analysis by Product Type, 2018 to 2033
Figure 131: MEA Market Value Share (%) and BPS Analysis by Product Type, 2023 to 2033
Figure 132: MEA Market Y-o-Y Growth (%) Projections by Product Type, 2023 to 2033
Figure 133: MEA Market Value (US$ Million) Analysis by Model Type, 2018 to 2033
Figure 134: MEA Market Volume (Units) Analysis by Model Type, 2018 to 2033
Figure 135: MEA Market Value Share (%) and BPS Analysis by Model Type, 2023 to 2033
Figure 136: MEA Market Y-o-Y Growth (%) Projections by Model Type, 2023 to 2033
Figure 137: MEA Market Value (US$ Million) Analysis by Buyer Type, 2018 to 2033
Figure 138: MEA Market Volume (Units) Analysis by Buyer Type, 2018 to 2033
Figure 139: MEA Market Value Share (%) and BPS Analysis by Buyer Type, 2023 to 2033
Figure 140: MEA Market Y-o-Y Growth (%) Projections by Buyer Type, 2023 to 2033
Figure 141: MEA Market Attractiveness by Product Type, 2023 to 2033
Figure 142: MEA Market Attractiveness by Model Type, 2023 to 2033
Figure 143: MEA Market Attractiveness by Buyer Type, 2023 to 2033
Figure 144: MEA Market Attractiveness by Country, 2023 to 2033
The cow milking machine market is estimated to be worth USD 888 million in 2023.
The cow milking machine market is expected to have a CAGR of 8.4% by 2033.
The cow milking machine market expanded at a share of USD 819.1 million in 2022.
North America accounted for 36.9% share in the cow milking machine market in 2022.
The UK accounts for 9% CAGR in the cow milking machine market by 2033.
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