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 Segmentation
North America smart pest monitoring management system market is segmented into component, end user, and country.
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.
| Report Attribute | Details |
|---|---|
| Market size in 2022 | US$ 272.78 Million |
| Market Size by 2028 | US$ 373.12 Million |
| CAGR (2022 - 2028) | 5.4% |
| Historical Data | 2020-2021 |
| Forecast period | 2023-2028 |
| Segments Covered |
By Component
|
| Regions and Countries Covered |
North America
|
| Market leaders and key company profiles |
|
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.
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.
The North America Smart Pest Monitoring Management System Market report typically cover these key segments-
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:
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:
The North America Smart Pest Monitoring Management System Market report is valuable for diverse stakeholders, including:
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.
Please tell us your area of interest
(Market Segments/ Regions and Countries/ Companies)