This is a demo store. No orders will be fulfilled.
Digital Transformation of the Australian Agriculture Sector, Forecast to 2022
Digital Transformation of the Australian Agriculture Sector, Forecast to 2022
Niche Solutions to Gain Traction over the Medium Term. Integrated Platforms are the Long-term Opportunity
21-May-2019
Asia Pacific
Description
Transforming from traditional farming techniques to adopting precision agriculture solutions requires substantial capital investment. This investment decreases on a year-over-year basis and at the same time, the savings per unit of production increases exponentially. Farmers adapting to modern agriculture techniques have been able to carry out farming in a more efficient way, while reducing waste. For example, a GPS-based (Global Positioning Satellite) navigation system for a tractor provides highly accurate plowing, seeding, and harvesting.
For long, farmers have used their experience and knowledge to judge the health of crops. One major drawback of this, is that the accuracy of detection is not high, which leads to losses and sub-standard products being harvested. With the advent of low-cost sensing techniques, farmers can now accurately judge the health of crops and take necessary steps based on readings. Crop sensors measure various parameters that can determine the ripeness and quality of individual plants.
The significant fall in sensor hardware costs has helped improve affordability of agritech solutions and spur uptake. Over a period of time, there has been a migration from simple to smart sensors to meet diverse agricultural application needs.
In 2016, Australia’s own agtech community emerged. The National Farmers’ Federation teamed up with Findex to establish SproutX, a $10 million agtech fund and Australia’s first agtech incubator, and put 100 people from diverse backgrounds through a pre-accelerator course.
In 2017, the government announced funding of $50 million over ten years for the Food Agility Cooperative Research Centre (CRC) to accelerate research and commercialisation in the agtech sector.
Key Issues Addressed
- What are the key growth drivers for digital transformation of the Australian agriculture sector?
- What are the key restraints to digital transformation of the agriculture sector?
- What is the size and growth forecast for digital spend in the agriculture sector?
- What technology, demand and service trends are likely to impact the opportunity?
- Who are the leading solutions providers and what competitive tools provide differentiation in this market?
Author: Ivan Fernandez
Table of Contents
Key Findings
Scope and Definitions
Scope and Definitions (continued)
Key Questions this Study will Answer
Market Drivers
Drivers Explained
Drivers Explained (continued)
Drivers Explained (continued)
Drivers Explained (continued)
Drivers Explained (continued)
Market Restraints
Restraints Explained
Restraints Explained (continued)
Restraints Explained (continued)
Restraints Explained (continued)
Revenue Forecast
Revenue Forecast Discussion
Percent Revenue Breakdown by Product Category
Percent Revenue Breakdown by Solution
Percent Revenue Breakdown by End-user Segment
Key Enablers
Technology Lifecycle Analysis
Technologies in Focus
Technologies in Focus (continued)
Technologies in Focus (continued)
Perspective on Communications
Case Studies
Case Studies (continued)
Case Studies (continued)
Case Studies (continued)
Industry Structure
Industry Structure (continued)
Industry Structure (continued)
Competitors to Watch
Competitors to Watch (continued)
Competitors to Watch (continued)
Competitors to Watch (continued)
Competitors to Watch (continued)
Competitors to Watch (continued)
Positioning Strategies
Innovation Ecosystem
Importing Precision Agriculture Solutions
Major Growth Opportunities
Strategic Imperatives for Success and Growth
The Last Word
Agriculture—Sector Trends
Agriculture—Policy
Agriculture—Policy (continued)
Legal Disclaimer
List of Exhibits
The Frost & Sullivan Story
Value Proposition—Future of Your Company & Career
Global Perspective
Industry Convergence
360º Research Perspective
Implementation Excellence
Our Blue Ocean Strategy
Popular Topics
Key Issues Addressed
- What are the key growth drivers for digital transformation of the Australian agriculture sector?
- What are the key restraints to digital transformation of the agriculture sector?
- What is the size and growth forecast for digital spend in the agriculture sector?
- What technology, demand and service trends are likely to impact the opportunity?
- Who are the leading solutions providers and what competitive tools provide differentiation in this market?
Author: Ivan Fernandez
No Index | No |
---|---|
Podcast | No |
Author | Ivan Fernandez |
Industries | Industrial Automation |
WIP Number | 9AAC-00-46-00-00 |
Is Prebook | No |
GPS Codes | 9672-A9,9839-A9,9B07-C1,9593,9420 |