The Australian Government has direct management responsibility for a significant proportion of Australia’s fisheries resources. The 22 fisheries managed by the Australian Government accounted for 38% of the total volume and 27% of the total value of Australia’s wild-catch fisheries production in 2020–21. Legislation requires the Australian Government to manage these fisheries so as to maintain fish stocks at ecologically sustainable levels and, within this context, maximise the net economic returns (NER) to the Australian community (Fisheries Management Act 1991 – FM Act). In its management of fish stocks and fisheries, the Australian Government is also required to consider the impact of fishing activities on non-target species and the long-term sustainability of the marine environment (FM Act; Environment Protection and Biodiversity Conservation Act 1999 – EPBC Act).

In order to make farming smart and precise, agronomists introduced advanced technologies to agriculture practices as they became aware that crops responded differently to various inputs and agricultural practices. According to the exhibit, more than 50% of large farms use some form of precision agriculture hardware, while nearly a quarter of small farms use this technology or intend to use it over the next two years. The introduction of agriculture technologies into farming allowed growers to utilize the opportunity of growing higher yields. Agriculture technologies are being used for activities such as soil testing, crop scouting, yield monitoring, and field georeferencing. Many farmers, especially those in developing regions like Asia and Africa, cannot afford these technologies. In order to overcome this restraint in the agriculture technology ecosystem, agriculture technology-as-a-service was introduced, a business model in which these technologies are offered as a service. Being offered as a service reduces the upfront costs and capital investment required to procure these agriculture technologies, leading to higher adoption. For instance, John Deere is a leading farm equipment and technology company that offers its advanced farm management system as a service to farmers in the form of a subscription. Within this business model, different companies offer agriculture technologies as services under different pricing models. This provides farmers with the ability to select the pricing model that best fits their budget, thus allowing them to access the latest technology without having to invest a large sum of money upfront. A few of the key pricing models deployed in the industry are discussed in the following segments.

The major drivers that influence the technology based industries is the process of the evolution of communication network The mobile network evolution is constant, innovating, and adjusting in a cyclical pattern This means, an old technology in a certain period of time, is replaced on the oncoming of a new technology It has proven to be an essential part of the network technology ecosystem The changing paradigm of the consumer as well as enterprise market for the requirement of higher bandwidth, and low latency the introduction of 5 G network took place, which caters to the growing needs of speed, reliability, and low latency

Globalization and growth in the VFX industry have led to global interconnectivity. Due to the continuous development in VFX technology, growth in streaming content, and episodic fare becoming more cinematic based on quality, there is a high-quality VFX in film and series content. There is an increasing demand for VFX artists due to the surging film & episodic VFX content and the gradual ascension of AR and VR. Thus, all these factors increased the demand for skilled artists and the work of VFX studios in Vancouver, London, and Mumbai. Moreover, financial incentives in several locations have helped to globalize the VFX industry.

The global 5G in the mining market is increasingly gaining strength with the increasing competition, complexity in the organization, operational cost, and rising focus on increasing the margin by reducing the cost of operations. The 5G technology offers various opportunities to implement Industry 4.0, such as IoT, AI, machine learning, robotics, and others. They are required for mining operations to run efficiently in real time.

Expert Opinion helped us to explore specific quantitative information related to market scenario of Global demolition equipment industry specific to regional markets. We have approached the industry experts and key decision makers in both developing and developed markets. Great amount of actionable insights have also been gathered from industry suppliers.

The global extruded plastics market is expected to register healthy growth during the review period on account of the extensive use of plastics products in packaging. Plastic packaging is used in various end-use industries such as food & beverage, pharmaceuticals, medical, cosmetics & personal care, and homecare. Rapid industrialization and urbanization across the globe result in increased construction activities, which further promote the use of extruded plastics. In addition, the increasing focus on the use of lightweight and fuel-efficient vehicles boost the demand for plastic in automobile manufacturing. Raw material price fluctuations coupled with the regulatory constraints act as restraints for the market growth. The growing adoption of sustainable food packaging is expected to be a major challenge faced by the players in this market. Microbial degradation of plastics is likely to create new growth avenues for the players in this market.

The bicycle tires market has a huge potential to grow over the forecasted period, owing to the increasing number of disorders such as obesity and cardiovascular diseases which has increased because of inactive lifestyle, so people are shifting their focus towards a healthier lifestyle, and cycling is the easiest and efficient solution for it.

The bicycle tires market has a huge potential to grow over the forecasted period, owing to the increasing number of disorders such as obesity and cardiovascular diseases which has increased because of inactive lifestyle, so people are shifting their focus towards a healthier lifestyle, and cycling is the easiest and efficient solution for it.

The market study aims at estimating the market size and the growth potential of this market. Topics analyzed within the report include a detailed breakdown of the global markets for ac drives by geography and historical trend. The scope of the report extends to sizing of the ac drives market and global market trends with market data for 2021 as the base year, 2022 and 2022 as the estimate years and forecast for 2024 with projection of CAGR from 2024 to 2029.