Australia Smart Agriculture Market Size & Outlook
Australia smart agriculture market, 2018-2030 (US$M)
Related Markets
Australia smart agriculture market highlights
- The Australia smart agriculture market generated a revenue of USD 1,260.1 million in 2023 and is expected to reach USD 3,179.2 million by 2030.
- The Australia market is expected to grow at a CAGR of 14.1% from 2024 to 2030.
- In terms of segment, precision farming was the largest revenue generating agriculture type in 2023.
- Smart greenhouse is the most lucrative agriculture type segment registering the fastest growth during the forecast period.
Smart agriculture market data book summary
| Market revenue in 2023 | USD 1,260.1 million |
| Market revenue in 2030 | USD 3,179.2 million |
| Growth rate | 14.1% (CAGR from 2023 to 2030) |
| Largest segment | Precision farming |
| Fastest growing segment | Smart greenhouse |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Precision farming, Livestock monitoring, Smart greenhouse |
| Key market players worldwide | AGCO Corp, AgEagle Aerial Systems Inc, Argus Worldwide Corp, CropX, Deere & Co, Alfa Laval AB, AgriFORCE Growing Systems Ltd, Gamma Communications PLC, GEA Group AG, Trimble Inc, Topcon Corp |
Other key industry trends
- In terms of revenue, Australia accounted for 5.6% of the global smart agriculture market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, Australia smart agriculture market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,792.0 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Smart Agriculture Market Scope
Smart Agriculture Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Australia smart agriculture market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to smart agriculture market will help companies and investors design strategic landscapes.
Precision farming was the largest segment with a revenue share of 45.16% in 2023. Horizon Databook has segmented the Australia smart agriculture market based on precision farming, livestock monitoring, smart greenhouse covering the revenue growth of each sub-segment from 2018 to 2030.
- Australia Smart Agriculture Agriculture Type Outlook (Revenue, USD Million, 2018-2030)
- Precision farming
- Livestock monitoring
- Smart greenhouse
- Others
- Australia Smart Agriculture Offering Outlook (Revenue, USD Million, 2018-2030)
- Hardware
- Automation & control system
- Drones
- Application control devices
- Guidance system
- GPS
- GIS
- Remote sensing
- Hand held
- Satellite sensing
- Driverless tractors
- Mobile devices
- VRT
- Map-based
- Sensor-based
- Wireless module
- Bluetooth technology
- Wi-Fi technology
- Zigbee
- RF technology
- Milking robots
- Sensing devices
- Soil sensors
- Nutrient sensor
- Moisture sensor
- Temperature sensor
- Water sensors
- Climate sensors
- Others
- Soil sensors
- HVAC system
- LED grow light
- RFID tags & readers
- Automation & control system
- Software
- Web-based
- Cloud based
- Services
- System integration & consulting
- Maintenance & support
- Managed services
- Data servcies
- Analytic services
- Farm operation services
- Assisted professional servcies
- Supply chain management services
- Climate information services
- Hardware
- Australia Smart Agriculture Application Outlook (Revenue, USD Million, 2018-2030)
- Precision farming
- Yield monitoring
- On-Farm
- Off-Farm
- Field mapping
- Crop scouting
- Weather tracking & forecasting
- Irrigation management
- Inventory management
- Farm labor management
- Yield monitoring
- Livestock monitoring
- Milk harvesting
- breeding management
- Feeding management
- Animal comfort management
- Others
- Smart greenhouse
- Water & fertilizer management
- HVAC management
- Yield monitoring
- Others
- Others
- Precision farming
Reasons to subscribe to Australia smart agriculture market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Australia smart agriculture market databook
-
Our clientele includes a mix of smart agriculture market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Australia smart agriculture market , including forecasts for subscribers. This country databook contains high-level insights into Australia smart agriculture market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Australia smart agriculture market size, by agriculture type, 2018-2030 (US$M)
Australia Smart Agriculture Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
