Australia Livestock Monitoring Market Forecast 2022-2028

Australia Livestock Monitoring Market Forecast 2022-2028

KEY FINDINGS

The Australia livestock monitoring market is projected to record a CAGR of 19.88% across the forecasting years. The base year considered for the studied market is 2021, and the forecasted period is from 2022 to 2028. Some of the top aspects accredited to the market growth of the country include the increasing production of beef as well as the introduction of new products by major players.

MARKET INSIGHTS

Australia is regarded as the second-largest producer of beef worldwide. Moreover, cattle farming is also a pivotal sector in the country. This is mainly attributed to the fact that dairy products are among the most valuable agricultural exports in Australia.

Furthermore, numerous Australian companies primarily focus on the introduction of novel products linked to livestock monitoring. For example, FarmBot offers an affordable as well as an easy-to-use solution for the better management of water, which is considered the most important resource. Likewise, MOOvement provides GPS-enabled ear tags for the purpose of cattle tracking, thereby fulfilling the requirements of bull tamers

AgriWebb is an important player in Australia that develops livestock management software. The solution assists cattle farmers in plotting their lands, monitoring the movement of the cattle remotely, and moderating the health and weight of the animals. As a result, the aforementioned factors are expected to reinforce the livestock monitoring market in Australia during the forecasting years.

COMPETITIVE INSIGHTS

Some of the prominent companies operating in the market are AgriWebb, FarmBot, GEA Group, etc.

Our report offerings include:
Explore key findings of the overall market
Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
Market Segmentation cater to a thorough assessment of key segments with their market estimations
Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments