North America Smart Pest Monitoring Management System Market

Historic Data: 2020-2021   |   Base Year: 2022   |   Forecast Period: 2023-2028

Analysis By Component (Hardware and Software & Services) and End User (Commercial, Residential, Agriculture, and Industrial)


No. of Pages: 123    |    Report Code: TIPRE00025330    |    Category: Electronics and Semiconductor

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North America Smart Pest Monitoring Management System Market

The smart pest monitoring management system market in North America is expected to grow from US$ 272.78 million in 2022 to US$ 373.12 million by 2028; it is estimated to grow at a CAGR of 5.4% from 2022 to 2028.

 

Agriculture Sector Accepting Advanced Technologies 

The mounting adoption of advanced technology to ease the overall processes performed in the agriculture sector, which includes adopting the automated pest monitoring system by the farmers, decreases the manual intervention in fields. The manual pest controlling process in farming is time-consuming, it involves more labor at an additional cost for farmers, and it raises safety issues for workers. The adoption of smart pest monitoring management systems reduces crop damage by pests and decreases the farmer’s field visits for pest monitoring from time to time. The application of smart pest monitoring management systems boosts the accuracy of pest monitoring at a lower cost. Additionally, the adoption of smart pest monitoring management systems in farm fields reduces the application of chemical pesticides. The smart pest monitoring management systems ease the risks by giving prior intimation to the farmers/end users with the help of accurate data about the influence of pests on the yields. Consequently, the early control of pests helps in resolving issues before the crop sustains severe damage.

 

The adoption of IoT-enabled solutions is one of the most significant factors for adopting smart agriculture systems, which includes a smart pest monitoring management system. The smart pest monitoring system helps farmers embrace modern technologies such as artificial intelligence and analytics to enhance crop management and insect monitoring. Thus, the mounting adoption of advanced technologies in the agriculture sector is driving the adoption of smart pest monitoring management systems across the region.

 

Additionally, utilization of drones in farming activities can result into crop spraying economical, more precise, and safe. It is expected that farmers in developed economies will take an advantage of drones for drone-assisted pest management. In April 2022, Clariant- a supplier of specialty chemicals for agriculture unveiled DropForward. It is a focused approach for giving precision application with co-formulants and adjuvants. Synergen DRT is a first solution to come out from their DropForward concept. Synergen DRT assists in controlling volatility and drift of very fine droplets during application and aid in enhancing penetration of actives in leaves, fueling biological performance, and making drone spraying environmentally friendly and better sustainable.

 

Smart pest control is more effective when it becomes easy to identify present status of pest in a timely manner and take actions accordingly. Therefore, to address the mentioned concern, application of Geographic Information System (GIS) has included a new dimension for pest management. The implication of GIS technology for insect pest management application enables foliage damage index, monitoring suitable habitat and migration of insect pests at various aspects. GIS maps facilitates prediction and early warning of insect outbreaks along with their population diversity. Technological advancements in agriculture by utilizing GIS technology is offering plenty of scope for pest monitoring in agriculture sector.

 

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the North America smart pest monitoring management system market. The North America smart pest monitoring management system market is expected to grow at a good CAGR during the forecast period.

 

 North America Smart Pest Monitoring Management System Market Revenue and Forecast to 2028 (US$ Million)

 North America Smart Pest Monitoring Management System Market Revenue and Forecast to 2028 (US$ Million)
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North America Smart Pest Monitoring Management System Strategic Insights

Strategic insights for the North America Smart Pest Monitoring Management System provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

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North America Smart Pest Monitoring Management System Report Scope

Report Attribute Details
Market size in 2022 US$ 272.78 Million
Market Size by 2028 US$ 373.12 Million
Global CAGR (2022 - 2028) 5.4%
Historical Data 2020-2021
Forecast period 2023-2028
Segments Covered By Component
  • Hardware and Software & Services
By End User
  • Commercial
  • Residential
  • Agriculture
  • Industrial
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Market leaders and key company profiles
  • Anticimex
  • Bayer AG
  • Bell Laboratories, Inc.
  • Corteva
  • Ecolab
  • EFOS d.o.o
  • Futura GmbH
  • Pelsis Group Ltd
  • PestWest USA
  • Rentokil Initial Plc
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    North America Smart Pest Monitoring Management System Regional Insights

    The geographic scope of the North America Smart Pest Monitoring Management System refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

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    North America Smart Pest Monitoring Management System Market Segmentation   

    North America smart pest monitoring management system market is segmented into component, end user, and country.

    • Based on component, the smart pest monitoring management system market is bifurcated into hardware and software & services. The hardware segment held a larger share in 2022.
    • By end-user, the smart pest monitoring management system market analysis is segmented into commercial, residential, agriculture, and industrial.  Commercial segment held a larger share in 2022.
    • Based on country, the North America smart pest monitoring management system market is segmented into The US, Canada, and Mexico. The US held the largest market share in 2022.

    Anticimex; Bayer AG; Bell Laboratories, Inc.; Corteva; Ecolab; EFOS d.o.o; Futura GmbH; Pelsis Group Ltd; PestWest USA; Rentokil Initial Plc; and VM Products are among the leading companies in the smart pest monitoring management system market in the region.

    The List of Companies - North America Smart Pest Monitoring Management System Market

    1. Anticimex
    2. Bayer AG
    3. Bell Laboratories, Inc.
    4. Corteva
    5. Ecolab
    6. EFOS d.o.o
    7. Futura GmbH
    8. Pelsis Group Ltd
    9. PestWest USA
    10. Rentokil Initial Plc
    11. VM Products
    Frequently Asked Questions
    How big is the North America Smart Pest Monitoring Management System Market?

    The North America Smart Pest Monitoring Management System Market is valued at US$ 272.78 Million in 2022, it is projected to reach US$ 373.12 Million by 2028.

    What is the CAGR for North America Smart Pest Monitoring Management System Market by (2022 - 2028)?

    As per our report North America Smart Pest Monitoring Management System Market, the market size is valued at US$ 272.78 Million in 2022, projecting it to reach US$ 373.12 Million by 2028. This translates to a CAGR of approximately 5.4% during the forecast period.

    What segments are covered in this report?

    The North America Smart Pest Monitoring Management System Market report typically cover these key segments-

    • Component (Hardware and Software & Services)
    • End User (Commercial, Residential, Agriculture, Industrial)

    What is the historic period, base year, and forecast period taken for North America Smart Pest Monitoring Management System Market?

    The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the North America Smart Pest Monitoring Management System Market report:

  • Historic Period : 2020-2021
  • Base Year : 2022
  • Forecast Period : 2023-2028
  • Who are the major players in North America Smart Pest Monitoring Management System Market?

    The North America Smart Pest Monitoring Management System Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:

  • Anticimex
  • Bayer AG
  • Bell Laboratories, Inc.
  • Corteva
  • Ecolab
  • EFOS d.o.o
  • Futura GmbH
  • Pelsis Group Ltd
  • PestWest USA
  • Rentokil Initial Plc
  • VM Products
  • Who should buy this report?

    The North America Smart Pest Monitoring Management System Market report is valuable for diverse stakeholders, including:

    • Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
    • Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
    • Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
    • Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
    • Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.

    Essentially, anyone involved in or considering involvement in the North America Smart Pest Monitoring Management System Market value chain can benefit from the information contained in a comprehensive market report.