North America Smart Pest Monitoring Management System Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Component (Hardware and Software & Services) and End User (Commercial, Residential, Agriculture, and Industrial)
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.
- 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.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. North America Smart Pest Monitoring Management System Market Landscape
4.1 Market Overview
4.2 North America PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. North America Smart Pest Monitoring Management System Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Agriculture Sector Accepting Advanced Technologies
5.1.2 Various Government Regulations for Implementation of Smart PEST Monitoring Management Systems
5.2 Market Restraints
5.2.1 High Initial and Maintenance Cost of Smart Pest Monitoring Management Systems
5.3 Market Opportunities
5.3.1 Increasing Rates of Urbanization and Middle-Class Population Drive Pest Control Demand in Residential Applications
5.4 Future Trends
5.4.1 Mounting Adoption of Advanced Technologies and Applications
5.4.2 Adoption of Integrated Pest Management
5.5 Other Key Market Dynamics:
5.5.1 Drivers & Opportunities:
5.5.2 Restraints:
5.5.3 Trends:
5.6 Impact Analysis of Drivers and Restraints
6. Smart Pest Monitoring Management System Market – North America Analysis
6.1 North America Smart Pest Monitoring Management System Market Overview
6.2 North America Smart Pest Monitoring Management System Market – Revenue and Forecast to 2028 (US$ Million)
7. North America Smart Pest Monitoring Management System Market Analysis – by Component
7.1 Overview
7.2 North America Smart Pest Monitoring Management System Market Breakdown, By Component, 2021 and 2028
7.3 Hardware
7.3.1 Overview
7.3.2 Hardware: Smart Pest Monitoring Management System Market - Revenue and Forecast to 2028 (US$ Million)
7.4 Software & Services
7.4.1 Overview
7.4.2 Software & Services: Smart Pest Monitoring Management System Market - Revenue and Forecast to 2028 (US$ Million)
8. North America Smart Pest Monitoring Management System Market Revenue and Forecasts to 2028 – End-User
8.1 Overview
8.2 North America Smart Pest Monitoring Management System Market Breakdown, By End-User, 2021 and 2028
8.3 Commercial
8.3.1 Overview
8.3.2 Commercial: Smart Pest Monitoring Management System Market - Revenue and Forecast to 2028 (US$ Million)
8.4 Residential
8.4.1 Overview
8.4.2 Residential: Smart Pest Monitoring Management System Market - Revenue and Forecast to 2028 (US$ Million)
8.5 Agriculture
8.5.1 Overview
8.5.2 Agriculture: Smart Pest Monitoring Management System Market - Revenue and Forecast to 2028 (US$ Million)
8.6 Industrial
8.6.1 Overview
8.6.2 Industrial: Smart Pest Monitoring Management System Market - Revenue and Forecast to 2028 (US$ Million)
9. North America Smart Pest Monitoring Management System Market – Country Analysis
9.1 Overview
9.1.1 North America: Smart Pest Monitoring Management System Market- by Key Country
9.1.1.1 US: Smart Pest Monitoring Management System Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.1.1 US: Smart Pest Monitoring Management System Market- by Component
9.1.1.1.2 US: Smart Pest Monitoring Management System Market- By End-User
9.1.1.2 Canada: Smart Pest Monitoring Management System Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.2.1 Canada: Smart Pest Monitoring Management System Market- by Component
9.1.1.2.2 Canada: Smart Pest Monitoring Management System Market- By End-User
9.1.1.3 Mexico: Smart Pest Monitoring Management System Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.3.1 Mexico: Smart Pest Monitoring Management System Market- by Component
9.1.1.3.2 Mexico: Smart Pest Monitoring Management System Market- By End-User
10. Industry Landscape
10.1 Overview
10.2 Market Initiative
10.3 Merger and Acquisition
10.4 New Development
11. Company Profiles
11.1 Anticimex
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 Bell Laboratories, Inc.
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 Bayer AG
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 Corteva
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 EFOS d.o.o.
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
11.6 Pelsis Group Ltd
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.6.6 Key Developments
11.7 VM Products
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Products and Services
11.7.4 Financial Overview
11.7.5 SWOT Analysis
11.7.6 Key Developments
11.8 Rentokil Initial plc
11.8.1 Key Facts
11.8.2 Business Description
11.8.3 Products and Services
11.8.4 Financial Overview
11.8.5 SWOT Analysis
11.8.6 Key Developments
11.9 Futura GmbH
11.9.1 Key Facts
11.9.2 Business Description
11.9.3 Products and Services
11.9.4 Financial Overview
11.9.5 SWOT Analysis
11.9.6 Key Developments
11.10 PestWest USA
11.10.1 Key Facts
11.10.2 Business Description
11.10.3 Products and Services
11.10.4 Financial Overview
11.10.5 SWOT Analysis
11.10.6 Key Developments
11.11 Ecolab
11.11.1 Key Facts
11.11.2 Business Description
11.11.3 Products and Services
11.11.4 Financial Overview
11.11.5 SWOT Analysis
11.11.6 Key Developments
12. Appendix
12.1 About The Insight Partners
12.2 Word Index
LIST OF TABLES
Table 1. North America Smart Pest Monitoring Management System Market – Revenue, and Forecast to 2028 (US$ Million)
Table 2. US: Smart Pest Monitoring Management System Market- by Component –Revenue and Forecast to 2028 (US$ Million)
Table 3. US: Smart Pest Monitoring Management System Market- By End-User –Revenue and Forecast to 2028 (US$ Million)
Table 4. Canada: Smart Pest Monitoring Management System Market- by Component –Revenue and Forecast to 2028 (US$ Million)
Table 5. Canada: Smart Pest Monitoring Management System Market- By End-User –Revenue and Forecast to 2028 (US$ Million)
Table 6. Mexico: Smart Pest Monitoring Management System Market- by Component –Revenue and Forecast to 2028 (US$ Million)
Table 7. Mexico: Smart Pest Monitoring Management System Market- By End-User –Revenue and Forecast to 2028 (US$ Million)
Table 8. List of Abbreviation
LIST OF FIGURES
Figure 1. North America Smart Pest Monitoring Management System Market Segmentation
Figure 2. North America Smart Pest Monitoring Management System Market Segmentation – By Country
Figure 3. North America Smart Pest Monitoring Management System Market Overview
Figure 4. Hardware Segment Held the Largest Market Share in 2021
Figure 5. Commercial Segment Held the Largest Market Share in 2021
Figure 6. US was the Largest Revenue Contributor in 2021
Figure 7. North America – PEST Analysis
Figure 8. Expert Opinion
Figure 9. North America Smart Pest Monitoring Management System Market Impact Analysis of Drivers and Restraints
Figure 10. North America Smart Pest Monitoring Management System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 11. North America Smart Pest Monitoring Management System Market Breakdown, By Component, 2021 and 2028 (%)
Figure 12. North America Hardware: Smart Pest Monitoring Management System Market - Revenue and Forecast to 2028 (US$ Million)
Figure 13. North America Software & Services: Smart Pest Monitoring Management System Market - Revenue and Forecast to 2028 (US$ Million)
Figure 14. North America Smart Pest Monitoring Management System Market Breakdown, By End-User, 2021 and 2028 (%)
Figure 15. North America Commercial: Smart Pest Monitoring Management System Market - Revenue and Forecast to 2028 (US$ Million)
Figure 16. North America Residential: Smart Pest Monitoring Management System Market - Revenue and Forecast to 2028 (US$ Million)
Figure 17. North America Agriculture: Smart Pest Monitoring Management System Market - Revenue and Forecast to 2028 (US$ Million)
Figure 18. North America Industrial: Smart Pest Monitoring Management System Market - Revenue and Forecast to 2028 (US$ Million)
Figure 19. North America: Smart Pest Monitoring Management System Market, by Key Country – Revenue (2021) (US$ Million)
Figure 20. North America: Smart Pest Monitoring Management System Market Revenue Share, by Key Country (2021 and 2028)
Figure 21. US: Smart Pest Monitoring Management System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 22. Canada: Smart Pest Monitoring Management System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 23. Mexico: Smart Pest Monitoring Management System Market – Revenue and Forecast to 2028 (US$ Million)
- Anticimex
- Bayer AG
- Bell Laboratories, Inc.
- Corteva
- Ecolab
- EFOS d.o.o
- Futura GmbH
- Pelsis Group Ltd
- PestWest USA
- Rentokil Initial Plc
- VM Products
- To understand the North America smart pest monitoring management system market landscape and identify market segments that are most likely to guarantee a strong return
- Stay ahead of the race by comprehending the ever-changing competitive landscape for North America smart pest monitoring management system market
- Efficiently plan M&A and partnership deals in North America smart pest monitoring management system market by identifying market segments with the most promising probable sales
- Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form North America smart pest monitoring management system market
- Obtain market revenue forecast for market by various segments from 2021-2028 in North America region.