North America Smart Pest Monitoring Management System Market Analysis and Opportunities by 2028

The smart pest monitoring management system market in North America is expected to grow from US$ 264.11 million in 2021 to US$ 373.12 million by 2028; it is estimated to grow at a CAGR of 5.1% from 2021 to 2028.

The US, Canada, and Mexico are major economies in North America. Several government regulations for implementation of smart pest monitoring management systems are the major factor driving the growth of the North America smart pest monitoring management system market. The application of PEST across different industries is one of the risky processes. The industries are focusing robustly on adopting preventive measures while using chemical pesticides. Due to the risky application environment, 0governments across different countries are announcing various regulations for the Implementation of smart pest monitoring management systems across different industries. For instance, in 2016, The Exterminators Law was issued for the licensing of businesses, specifically for non-agricultural exterminations. Under this regulation, the user must pass a Ministry of Environmental Protection (MoEP) licensing exam to carry out pest control work in the industry. The law sets four types of licenses – structures and open spaces license, domestic license, military license, and fumigation license. This is unless the business ensures that the chemical product is handled by a person who holds a license to use that pesticide under the PHW Act. Thus, such laws and regulations imposed by the governments are driving the smart pest monitoring management system market, which is further anticipated to drive the market in North America.

North America is one of the leading regions in terms of the development and adoption of new technologies; this is mainly attributed to favorable government policies that boost innovation and strengthen the infrastructure capabilities. Hence, any impact on the growth of industrial sector hampers the economic growth of the region. Presently, the US is the world’s worst-affected country due to COVID-19 outbreak. The smart pest monitoring management industry relies on residential, commercial, industrial, and agriculture industry. Owing to travel ban, the import and export of insecticide and pesticide is severely affected. Also, due to lockdown imposed by the government has affected the business from office, commercial places, industries, and many more, which has, in turn, reduced the demand for smart pest monitoring management systems. However, the overall demand for smart pest monitoring management system is likely to increase once the industries attain normal operational conditions; these systems are much needed because of the growing number of rodents, bugs, pests across different industries.

North America Smart Pest Monitoring Management System Market Segmentation       

North America Smart Pest Monitoring Management System Market – By Component

• Hardware
• Software and Services

North America Smart Pest Monitoring Management System Market – By End-User

• Commercial
• Residential
• Agriculture
• Industrial

North America Smart Pest Monitoring Management System Market– By Country

• US
• Canada
• Mexico

North America Smart Pest Monitoring Management System Market-Companies Mentioned

• Anticimex
• Bayer AG
• Bell Labs
• Corteva
• EFOS d.o.o
• Pelsis Group Ltd
• PestWest USA
• Rentokil Initial plc
• VM Products

North America Smart Pest Monitoring Management System Report Scope