Search results for: 'Forecast on Australian engineering market'

This study analyses the size, drivers, restraints, trends, opportunities, and competitive environment of the Australian industrial pumps market from 2017 to 2024. The Australian industrial pumps market is undergoing significant changes in its competitive and technological environment. Driven by the demand from key end markets and for technological ...

The commercial drone market in Australia, while at a nascent stage, has seen a surge of activity in recent years, particularly in service provider businesses. Drone applications are emerging in various sectors such as agriculture, mining, oil and gas (O&G), construction, utilities, and environmental conservation. Technological advancements are ma...

09 Jan 2018  |  Asia Pacific  |  Market Outlook

Digital Transformation of the Australian Manufacturing Industry, Forecast to 2024

Industrial Internet of Things and Data Analytics to Transform the Factory Floor

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Australia is able to stay competitive in global manufacturing due to its capabilities in manufacturing high value-added products. However, the comparative disadvantage in large-volume production is currently a restraint limiting the global competitiveness of the industry. The transition to smart manufacturing is being driven by structural changes i...

As operators reduce staff and CAPEX to save costs, automation use cases such as predictive maintenance, asset optimization, and remote monitoring of equipment across large sites become important. Other key IoT outcomes include reducing downtime, saving energy, improving productivity and output, and enhancing operational safety. Through digital in...

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 farm...

This research service provides insight into the pressurised irrigation systems market in Australia. It looks at the overall size and growth rates of the market and discusses key market drivers and restraints. In addition, it provides segmentation breakdowns by irrigation system types, components, and end-use verticals, which include agriculture, ho...

Market estimates, growth estimates, and segmentation are based on existing data, secondary research, and information gathered from interviews in 2018. The base year for the report is 2017. The beverages subsegment is the most digitally mature end market in the F&B sector, followed by meat and dairy. Maturity varies between the subsegments according...

Artificial intelligence is a core transformation lever across industrial design and engineering. Product complexity, shorter development cycles, and the need for mass customization are overwhelming traditional workflows, making AI-enabled design, engineering, simulation, and decision-making support key for competitiveness. AI-based tools, such as g...

The private market insight discusses the mining equipment repair and maintenance and rental market in Australia. Mining is a key component of Australias economy, and over the recent years, the mining industry has witnessed strong growth driven by a number of factors. The market is currently at a mature stage. The study also includes an analysis of...