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AUSTRALIA LIVESTOCK MONITORING MARKET FORECAST 2022-2028

The Australia livestock monitoring market is estimated to record a CAGR of 19.88% across the forecasting period, acquiring a revenue share of $880.98 million by 2028. While the base year considered for the studied market is 2021, the forecast period is from 2022 to 2028.

AUSTRALIA LIVESTOCK MONITORING MARKET FORECAST 2022-2028

Australia Livestock Monitoring Market by Animal Type (Cattle, Poultry, Swine, Equine, Goat & Sheep, Other Animal Types) Market by Product Type (Hardware With Integrated Software & Systems, Standalone Software, Service) Market by Application (Milk Harvesting, Breeding Management, Feeding Management, Animal Health Monitoring & Comfort, Heat Stress, Behavior Monitoring, Other Applications)

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Report Summary

The Australia livestock monitoring market is estimated to record a CAGR of 19.88% across the forecasting period, acquiring a revenue share of $880.98 million by 2028. While the base year considered for the studied market is 2021, the forecast period is from 2022 to 2028.

The market growth of the country is primarily accredited to the increasing production of beef, in addition to the introduction of new products by key players.

Australia-Livestock-Monitoring-Market

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Livestock monitoring, also termed livestock management or precision livestock farming, utilizes IoT-enabled devices for tracking as well as monitoring the health of livestock. With the use of technology, livestock management helps provide quality products to consumers, coupled with maintaining environmental conditions and meeting industry standards and requirements.

With the number of animals on the rise, the number of farms is also increasing. Consequently, it is challenging to monitor animals manually and detect problems at the earliest. However, with the advent of numerous products and software, including livestock monitoring solutions, it is now possible and more convenient to manage the herd.

While Australia is considered the second-largest producer of beef across the globe, cattle farming is also an essential industry in the country. This is mainly accredited to the fact that dairy products are among the nation’s most valuable agricultural exports. Moreover, multiple Australian enterprises are also introducing novel products associated with livestock monitoring. For instance, MOOvement offers GPS-enabled ear tags for cattle tracking, thus fulfilling the requirements of bull tamers.

On the other hand, FarmBot provides farmers with a cost effective, smart, and easy-to-use solution to better manage water, which is deemed the most valuable resource. AgriWebb also develops livestock management software that enables cattle farmers to plot their lands, monitor the cattle’s movement remotely, and moderate the weights and health of the animals. Therefore, these factors are set to facilitate the Australia livestock monitoring market over the forecasting period.

The Australia livestock monitoring market is segmented into animal type, product type, and application. The product type segment is further categorized into hardware with integrated software and systems, services, and standalone software. Hardware with integrated software and systems essentially implies that a machine is operable using software, with the machine characterized as a single usable system. Numerous software and system-integrated hardware are now entering the livestock monitoring market, thereby making livestock management easier.

Conversely, in standalone software, companies deliver software independently, which can be installed by farmers in the hardware available on farms. Leading key players, as well as other companies, are now developing and launching different software for managing livestock.

Some of the leading companies operating in the Australia livestock monitoring market include FarmBot, AgriWebb, GEA Group, etc.

GEA Group, headquartered in Germany, is one of the largest systems suppliers for the food, beverage, and pharmaceutical sectors globally. Its portfolio comprises components and comprehensive services, machinery and plants, and others. The company’s products include centrifugal separators, spray dryers, gas screw compressors, etc. GEA Group’s operations span the Asia-Pacific, North America, Latin America, Europe, and the Middle East.

The company’s product DairyRobot R9500 is a robotic milking system designed intelligently, thus delivering efficiency and flexibility. Moreover, it improves the milking process for the cow as well.

Report Synopsis

Report Scope Details
Market Forecast Years 2022-2028
Base Year 2021
Market Historical Years 2018-2021
Forecast Units Revenue (Million)
Segments Analyzed Animal Type, Product Type, and Application
Country Analyzed Australia
Companies Analyzed

FarmBoz, AgriWebb, GEA Group, Lely, MOOvement

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    Table of Contents

    1. RESEARCH SCOPE & METHODOLOGY
      • STUDY OBJECTIVES
      • SCOPE OF STUDY
      • METHODOLOGY
      • ASSUMPTIONS & LIMITATIONS
    2. EXECUTIVE SUMMARY
      • MARKET SIZE & ESTIMATES
      • COUNTRY SNAPSHOT
      • COUNTRY ANALYSIS
      • KEY GROWTH ENABLERS
      • KEY CHALLENGES
    3. KEY ANALYTICS
      • IMPACT OF COVID-19 ON LIVESTOCK MONITORING MARKET
      • PESTLE ANALYSIS- AUSTRALIA
      • KEY MARKET TRENDS
      • PORTER’S FIVE FORCES ANALYSIS
        • BUYERS POWER
        • SUPPLIERS POWER
        • SUBSTITUTION
        • NEW ENTRANTS
        • INDUSTRY RIVALRY
      • OPPORTUNITY MATRIX
      • VALUE CHAIN ANALYSIS
        • MANUFACTURERS
        • DISTRIBUTORS & SUPPLIERS
        • END-USERS
      • KEY BUYING CRITERIA
        • COST-EFFICIENCY
        • DURABILITY
        • APPLICATION SERVING THE PURPOSE
        • TECHNOLOGY
      • REGULATORY FRAMEWORK
    4. MARKET BY ANIMAL TYPE
      • CATTLE
      • POULTRY
      • SWINE
      • EQUINE
      • GOAT & SHEEP
      • OTHER ANIMAL TYPES
    5. MARKET BY PRODUCT TYPE
      • HARDWARE WITH INTEGRATED SOFTWARE & SYSTEMS
        • SENSORS
        • GPS
        • OTHER PRODUCT TYPES (RFID, SMART CAMERAS)
      • STANDALONE SOFTWARE
        • ON-CLOUD
        • ON-PREMISE
      • SERVICE
        • INTEGRATION & DEPLOYMENT
        • MAINTENANCE & SUPPORT
        • OTHER SERVICES
    1. MARKET BY APPLICATION
      • MILK HARVESTING
      • BREEDING MANAGEMENT
      • FEEDING MANAGEMENT
      • ANIMAL HEALTH MONITORING & COMFORT
      • HEAT STRESS
      • BEHAVIOR MONITORING
      • OTHER APPLICATIONS
    2. COMPETITIVE LANDSCAPE
      • KEY STRATEGIC DEVELOPMENTS
        • MERGERS & ACQUISITIONS
        • PRODUCT LAUNCHES & DEVELOPMENTS
        • PARTNERSHIPS & AGREEMENTS
        • BUSINESS EXPANSIONS & DIVESTITURES
      • COMPANY PROFILES
        • AGRIWEBB
        • FARMBOT
        • GEA GROUP
        • LELY
        • MOOVEMENT

    LIST OF TABLES

    TABLE 1: MARKET SNAPSHOT – LIVESTOCK MONITORING

    TABLE 2: PRODUCTS USED IN LIVESTOCK MONITORING

    TABLE 3: EMISSION BY SPECIES (IN MILLION TONNES)

    TABLE 4: AUSTRALIA LIVESTOCK MONITORING MARKET, BY ANIMAL TYPE, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

    TABLE 5: AUSTRALIA LIVESTOCK MONITORING MARKET, BY ANIMAL TYPE, FORECAST YEARS, 2022-2028 (IN $ MILLION)

    TABLE 6: AUSTRALIA LIVESTOCK MONITORING MARKET, BY PRODUCT TYPE, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

    TABLE 7: AUSTRALIA LIVESTOCK MONITORING MARKET, BY PRODUCT TYPE, FORECAST YEARS, 2022-2028 (IN $ MILLION)

    TABLE 8: AUSTRALIA LIVESTOCK MONITORING MARKET, BY HARDWARE WITH INTEGRATED SOFTWARE & SYSTEMS, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

    TABLE 9: AUSTRALIA LIVESTOCK MONITORING MARKET, BY HARDWARE WITH INTEGRATED SOFTWARE & SYSTEMS, FORECAST YEARS, 2022-2028 (IN $ MILLION)

    TABLE 10: AUSTRALIA LIVESTOCK MONITORING MARKET, BY STANDALONE SOFTWARE, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

    TABLE 11: AUSTRALIA LIVESTOCK MONITORING MARKET, BY STANDALONE SOFTWARE, FORECAST YEARS, 2022-2028 (IN $ MILLION)

    TABLE 12: AUSTRALIA LIVESTOCK MONITORING MARKET, BY SERVICE, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

    TABLE 13: AUSTRALIA LIVESTOCK MONITORING MARKET, BY SERVICE, FORECAST YEARS, 2022-2028 (IN $ MILLION)

    TABLE 14: AUSTRALIA LIVESTOCK MONITORING MARKET, BY APPLICATION, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

    TABLE 15: AUSTRALIA LIVESTOCK MONITORING MARKET, BY APPLICATION, FORECAST YEARS, 2022-2028 (IN $ MILLION)

    TABLE 16: LIST OF MERGERS & ACQUISITIONS

    TABLE 17: LIST OF PRODUCT LAUNCHES & DEVELOPMENTS

    TABLE 18: LIST OF PARTNERSHIPS & AGREEMENTS

    TABLE 19: LIST OF BUSINESS EXPANSIONS & DIVESTITURES                        

    LIST OF FIGURES

    FIGURE 1: KEY MARKET TRENDS

    FIGURE 2: PORTER’S FIVE FORCES ANALYSIS

    FIGURE 3: OPPORTUNITY MATRIX

    FIGURE 4: VALUE CHAIN ANALYSIS

    FIGURE 5: KEY BUYING CRITERIA

    FIGURE 6: AUSTRALIA LIVESTOCK MONITORING MARKET, GROWTH POTENTIAL, BY ANIMAL TYPE, IN 2021

    FIGURE 7: AUSTRALIA LIVESTOCK MONITORING MARKET, BY CATTLE, 2022-2028 (IN $ MILLION)

    FIGURE 8: AUSTRALIA LIVESTOCK MONITORING MARKET, BY POULTRY, 2022-2028 (IN $ MILLION)

    FIGURE 9: AUSTRALIA LIVESTOCK MONITORING MARKET, BY SWINE, 2022-2028 (IN $ MILLION)

    FIGURE 10: AUSTRALIA LIVESTOCK MONITORING MARKET, BY EQUINE, 2022-2028 (IN $ MILLION)

    FIGURE 11: AUSTRALIA LIVESTOCK MONITORING MARKET, BY GOAT & SHEEP, 2022-2028 (IN $ MILLION)

    FIGURE 12: AUSTRALIA LIVESTOCK MONITORING MARKET, BY OTHER ANIMAL TYPES, 2022-2028 (IN $ MILLION)

    FIGURE 13: AUSTRALIA LIVESTOCK MONITORING MARKET, GROWTH POTENTIAL, BY PRODUCT TYPE, IN 2021

    FIGURE 14: AUSTRALIA LIVESTOCK MONITORING MARKET, BY HARDWARE WITH INTEGRATED SOFTWARE & SYSTEMS, 2022-2028 (IN $ MILLION)

    FIGURE 15: AUSTRALIA LIVESTOCK MONITORING MARKET, GROWTH POTENTIAL, BY HARDWARE WITH INTEGRATED SOFTWARE & SYSTEMS, IN 2021

    FIGURE 16: AUSTRALIA LIVESTOCK MONITORING MARKET, BY SENSORS, 2022-2028 (IN $ MILLION)

    FIGURE 17: AUSTRALIA LIVESTOCK MONITORING MARKET, BY GPS, 2022-2028 (IN $ MILLION)

    FIGURE 18: AUSTRALIA LIVESTOCK MONITORING MARKET, BY OTHER PRODUCT TYPES (RFID, SMART CAMERAS), 2022-2028 (IN $ MILLION)

    FIGURE 19: AUSTRALIA LIVESTOCK MONITORING MARKET, BY STANDALONE SOFTWARE, 2022-2028 (IN $ MILLION)

    FIGURE 20: AUSTRALIA LIVESTOCK MONITORING MARKET, GROWTH POTENTIAL, BY STANDALONE SOFTWARE, IN 2021

    FIGURE 21: AUSTRALIA LIVESTOCK MONITORING MARKET, BY ON-CLOUD, 2022-2028 (IN $ MILLION)

    FIGURE 22: AUSTRALIA LIVESTOCK MONITORING MARKET, BY ON-PREMISE, 2022-2028 (IN $ MILLION)

    FIGURE 23: AUSTRALIA LIVESTOCK MONITORING MARKET, BY SERVICE, 2022-2028 (IN $ MILLION)

    FIGURE 24: AUSTRALIA LIVESTOCK MONITORING MARKET, GROWTH POTENTIAL, BY SERVICE, IN 2021

    FIGURE 25: AUSTRALIA LIVESTOCK MONITORING MARKET, BY INTEGRATION & DEPLOYMENT, 2022-2028 (IN $ MILLION)

    FIGURE 26: AUSTRALIA LIVESTOCK MONITORING MARKET, BY MAINTENANCE & SUPPORT, 2022-2028 (IN $ MILLION)

    FIGURE 27: AUSTRALIA LIVESTOCK MONITORING MARKET, BY OTHER SERVICES, 2022-2028 (IN $ MILLION)

    FIGURE 28: AUSTRALIA LIVESTOCK MONITORING MARKET, GROWTH POTENTIAL, BY APPLICATION, IN 2021

    FIGURE 29: AUSTRALIA LIVESTOCK MONITORING MARKET, BY MILK HARVESTING, 2022-2028 (IN $ MILLION)

    FIGURE 30: AUSTRALIA LIVESTOCK MONITORING MARKET, BY BREEDING MANAGEMENT, 2022-2028 (IN $ MILLION)

    FIGURE 31: AUSTRALIA LIVESTOCK MONITORING MARKET, BY FEEDING MANAGEMENT, 2022-2028 (IN $ MILLION)

    FIGURE 32: AUSTRALIA LIVESTOCK MONITORING MARKET, BY ANIMAL HEALTH AND COMFORT, 2022-2028 (IN $ MILLION)

    FIGURE 33: AUSTRALIA LIVESTOCK MONITORING MARKET, BY HEAT STRESS, 2022-2028 (IN $ MILLION)

    FIGURE 34: AUSTRALIA LIVESTOCK MONITORING MARKET, BY BEHAVIOR MONITORING, 2022-2028 (IN $ MILLION)

    FIGURE 35: AUSTRALIA LIVESTOCK MONITORING MARKET, BY OTHER APPLICATIONS, 2022-2028 (IN $ MILLION)       

    SEGMENTATION

    1. MARKET BY ANIMAL TYPE
      • CATTLE
      • POULTRY
      • SWINE
      • EQUINE
      • GOAT & SHEEP
      • OTHER ANIMAL TYPES
    2. MARKET BY PRODUCT TYPE
      • HARDWARE WITH INTEGRATED SOFTWARE & SYSTEMS
        • SENSORS
        • GPS
        • OTHER PRODUCT TYPES (RFID, SMART CAMERAS)
      • STANDALONE SOFTWARE
        • ON-CLOUD
        • ON-PREMISE
      • SERVICE
        • INTEGRATION & DEPLOYMENT
        • MAINTENANCE & SUPPORT
        • OTHER SERVICES
    1. MARKET BY APPLICATION
      • MILK HARVESTING
      • BREEDING MANAGEMENT
      • FEEDING MANAGEMENT
      • ANIMAL HEALTH MONITORING & COMFORT
      • HEAT STRESS
      • BEHAVIOR MONITORING
      • OTHER APPLICATIONS

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