Smart Animal Trap Market is expected to reach US$ 507.56 Million by 2028

PRESS RELEASE BY The Insight Partners 12 Jul 2022

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According to our latest market study, titled “Smart Animal Trap Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by hardware, application, and component,” the smart animal trap market is expected to grow from US$ 334.36 million in 2022 to US$ 507.56 million by 2028. It is estimated to grow at a CAGR of 7.2% from 2022 to 2028.

Animal attacks in agricultural and residential areas, which have become quite frequent these days, have been resulting in crop destruction and harm to locals. Paddy fields and crops cannot always be fenced; therefore, there is a chance for cows, goats, and other animals to devour crops, leading to significant crop loss. Villagers are left defenseless against their fate due to inadequate protection measures. Hence, a good detection system could effectively save crops and human lives.

Traditionally, fences, noisemakers, and other deterrents are deployed to keep wild animals away and protect human lives and crops. Based on farmers' observations, animal controls and deterrents are applied when animal presence is discovered in the vicinity. However, with time, animals might develop tolerance to noise, which may hamper these deterrents' effectiveness, and they fail to protect crops on the farms and human lives. Fencing can be a more effective deterrent for bigger farms due to the limited feasibility of noisemakers. Modest fencing sections may steer animals away from high-value or delicate crops, but they might be effective in all the regions of farms as some wild animals might break it by their strength. This problem presents an opportunity for the growt of smart animal trap market. Thus, old methods can prevent wildlife from entering agricultural fields, but they are ineffective for all wild animals. They are also limited to certain field setups, which underlines the demand and benefits of smart animal traps, thus, driving the smart animal trap market.

The key stakeholders in the smart animal trap market report are animal trap producers and suppliers, animal trap distributors, importers and exporters, research institutes, government bodies, distributors, and end users. Cellular (mobile phone) network-based trap monitoring is a relatively new technology, but its application is fast-growing, especially in large-scale operations where live traps are the only workable alternative to kill traps because of the possibility of non-target catches when kill traps are utilized. A little box linked to the trap detects when the door closes and immediately alerts the control system. Then, this system automatically creates an alarm message and sends it to one or more people, registered for that specific trap through email and/or text message. The term "smart trap” is starting to be used to describe traps with this feature. Some key manufacturers profiled in smart animal trap market include Alert House ApS, CatchAlive ApS, Encounter Solutions Ltd., Econode Ltd., and Skyhawk. The researchers in smart animal trap market play a crucial role in the ecosystem by developing the smart animal trap by integrating them with advanced technologies. Various distributors provide the final products through their sales channels to an array of end users.

These distributors reach the end user of these products to complete the channel. The end-user industries taken into consideration in the smart animal trap market study include farmers, farming organizations, contract farmers, etc. These factors are anticipated to boost the smart animal trap market growth during the forecast period of 2022 - 2028.

Impact of COVID-19 Pandemic on Smart Animal Trap Market

Germany, France, and the UK possess a number of electronics manufacturing facilities. Several European countries witnessed an economic hit and a decline in industrial activities in Q2 2020. Many European countries partially closed their borders and implemented drastic measures on imports and exports of goods. These measures caused a decline in various industries' production volumes, and hampered the demand for smart animal traps in Europe in 2020, thus, hampering the smart animal trap market growth. The COVID-19 pandemic severely affected the operations of electronics and semiconductor manufacturers, including smart animal trap manufacturers, as they continued their operations with limited workforces. This, in turn, adversely impacted the product deliveries in 2020.

Based on component, the smart animal trap market report is segmented into hardware, software, and services. Hardware components of a smart trap include various sensors and trackers. The software acts as a link between the hardware and end users, providing a user interface to interact with the hardware. Smart Animal Trapping services are entirely based on user requirements and service providers’ hardware and software configuration.

The companies profiled in the smart animal trap market study are Alert House ApS, CatchAlive ApS, Encounter Solutions Ltd., Econode Ltd., Wildlife Dominion Management LLC. (HogEye), PestSense Pty Ltd Animal Trap Solutions, Skyhawk, TrapSmart tm LLP., uWatch Ltd., Fallenmelder TRAPMASTER, TFK Handels GmbH, WildMelder, Triotos, and BOARMASTER.

Smart Animal Trap Market Share – by Region, 2021

Smart Animal Trap Market Share – by Region, 2021

Smart Animal Trap Market Size, Share And Growth analysis

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Smart Animal Trap Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Hardware (Sensors, Cameras, and Others), Application (Residential and Commercial), and Component (Hardware, Software, and Services)

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