Global Automated Pest Monitoring System Market By Offerings (Hardware, Software and Services), End User Industry (Agricultural Industry, Forestry Industry and Others), Farm Size (Small Farms, Mid-sized Farms and Large Farms), Country (U.S., Canada, Mexico, Germany, Poland, Ireland, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Chile, Rest of South America, UAE, Saudi Arabia, Egypt, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights of Automated Pest Monitoring System Market
Data Bridge Market Research analyses that the automated pest monitoring system market will project a compound annual growth rate (CAGR) of 8.00% during the forecast period of 2021-2028. Rising need to adopt specific and scientific farming solutions, increased utilization of integrated pest management techniques, and rapidly increasing industry competitiveness is attributable to the growth of automated pest monitoring system market. This means that the automated pest monitoring system market value, which was USD 0.3 billion in 2020, will climb up to USD 0.55 billion by the year 2028.
The automated pest monitoring systems are those systems that enable the farmers to remotely monitor presence of insects and pests on the farm on real time basis. In other words, the automated pest monitoring systems are efficient enough in alerting or cautioning the farmers in case of an attack of large number of insects and pests on the farm. Therefore, the automated pest monitoring systems enable the farmers to take preventive and protective measures. Not just that, the automated pest monitoring systems enable qualitative production of crops.
Rising awareness about the benefits of automated pest monitoring system over manual pest controlling techniques and growing labor shortage will emerge as the major factors fostering the growth of automated pest monitoring system market. Increasing demand for efficient and effective pest control technologies and induced focus on the crop quality are other factors fostering the growth of automated pest monitoring system market. Increased focus on the adoption of advanced technologies in the agriculture sector to reduce manual intervention in fields coupled with increasing personal disposable income will further create lucrative and remunerative growth opportunities for the automated pest monitoring system market.
However, growing threat from alternative pest control techniques will pose a major challenge to the growth of automated pest monitoring system market. Lack of awareness and technical farming knowledge in the developing and under developed economies will further create hindrances for the automated pest monitoring system market growth. Also, requirement of huge initial investment will further slowdown the automated pest monitoring system market growth rate
This automated pest monitoring system market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on automated pest monitoring system market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Automated Pest Monitoring System Market Scope and Market Size
The global automated pest monitoring system market is segmented on the basis of offerings, end user industry, and farm size. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- Based on the offerings, the automated pest monitoring system market is segmented into hardware, software and services.
- Based on the end user industry, the automated pest monitoring system market is segmented into agricultural industry, forestry industry, and others.
- Based on the farm size, the automated pest monitoring system market is segmented into small farms, mid-sized farms and large farms.
Automated Pest Monitoring System Market Country Level Analysis
The global automated pest monitoring system market is analyses and market size, volume information is provided by country by offerings, end user industry, and farm size as referenced above.
The countries covered in the automated pest monitoring system market report are U.S., Canada, Mexico in North America, Germany, Poland, Ireland, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Chile, Rest of South America as a part of South America, UAE, Saudi Arabia, Egypt, Kuwait, South Africa, Rest of Middle East and Africa(MEA) as a part of Middle East and Africa(MEA).
North America dominates the automated pest monitoring system market and will continue to flourish its dominance during the forecast period owing to the presence of major IT players in this region. Asia-Pacific region is undergoing substantial gains, and the region is set to project the highest CAGR for the forecast period owing to the high degree of adoption of advanced farming technologies by countries like India, China, New Zealand and Australia.
The country section of the automated pest monitoring system market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Automated Pest Monitoring System Market Share Analysis
The global automated pest monitoring system market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to automated pest monitoring system market.
The major players covered in the automated pest monitoring system report are Cargill, Incorporated, Syngenta Crop Protection AG, STAR BIO SCIENCE, Anticimex., Valent BioSciences LLC, DTN, DunavNET., EFOS d.o.o., FAUNAPHOTONICS, Mouser Electronics, Inc., Semios., ServicePro, SNAPTRAP, Spensa Technologies Inc., Biz4intellia Inc., EMnify GmbH, Pest Pulse Limited, Postscape LLC, Russell IPM Ltd, TRAPVIEW HQ, and Turner Pest Control among other domestic and global players. Market share data is available for Global, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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