Smart Pest Monitoring Management System Market Size by 2028

Smart Pest Monitoring Management System Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Component (Hardware and Software & Services) and End User (Commercial, Residential, Agriculture, and Industrial)

  • Report Code : TIPRE00015753
  • Category : Electronics and Semiconductor
  • Status : Published
  • No. of Pages : 169
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The smart pest monitoring management system market is projected to reach US$ 1,219.35 million by 2028 from US$ 805.06 million in 2022; it is expected to grow at a CAGR of 7.2% from 2022 to 2028.

Smart pest monitoring management systems are utilized for real-time monitoring of pest populations in residential, commercial, agriculture, and industrial premises. The smart pest monitoring system allows users to use smart pest traps devices such as smart monitoring traps, mechanical rats, and mouse traps with objects to analyze and predict pest population growth using predictive analysis. Smart pest monitoring system helps the user to take preventive action before the pest population rises. It reduces the cost of users by reducing the use of chemicals and other pest activities as it provides the whole details of the site and location with many targeted insects on the premise. The global smart pest monitoring management system players are offering more advanced solution with the advent of radio signals technology that Bayer introduces prompt facility manager when a rodent is caught, and this solution as a Rodent Monitoring System (RMS).

Expansion of warehouses globally owing to the rise in e-commerce and consumer goods and surge in demand for pest control services for the containment of cockroaches, bed bugs, mosquitoes, and termites in residential sector are the two prime factors that can lead the smart pest monitoring management systems in upcoming years. However, the outbreak of the COVID-19 pandemic  severely affected the market due to the shutdown of the global economy in first two quarter of 2020. In addition, the continuous growth in the number of virus-infected patients compelled governments to measure social distancing. Hence, the factors mentioned above negatively impacted the overall business of the smart pest monitoring management system market

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Smart Pest Monitoring Management System Market: Strategic Insights

smart-pest-monitoring-management-system-market
Market Size Value inUS$ 805.06 Million in 2022
Market Size Value byUS$ 1,219.35 Million by 2028
Growth rateCAGR of 7.2% from 2022 to 2028
Forecast Period2022-2028
Base Year2022
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– Smart Pest Monitoring Management System Market

Impact of COVID-19 Pandemic on Smart Pest Monitoring Management System Market

North America is one of the leading regions in the development and adoption of new technologies; however, due to pandemic situation, the growth of the industrial sector hampered for consecutive few months in 2020. The smart pest monitoring management industry relies on residential, commercial, industrial, and agriculture industries that were badly impacted due to COVID-19. The import and export of insecticide and pesticide from one place to another was affected by the travel ban. Also, due to lockdown imposed by the government has adversely affected the business of office, commercial places, and industries. This impact has created disturbance in the demand of smart pest monitoring management systems as well. 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.

The opportunity is now to acquire surveillance equipment powered by artificial intelligence (AI). As a result, treatment locations will only be visited in the case of pest observations. As a result, there should be less need for regular human-to-human interaction. Pest management firms might collaborate with insurance providers to tailor termite control insurance policies to particular needs. Pest perimeter treatments have been carried out by pest control businesses in the area for a long time. This practice is now more commonplace. Electronic rodent monitoring (ERM) became more widely known, and pest monitoring grew steadily. Factors mentioned above will continue to positively impact the smart pest monitoring management system market during COVID-19 recovery sessions.

Lucrative Regions for Smart Pest Monitoring Management System Market

 

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Market Insights –Smart Pest Monitoring Management System Market

The global smart pest monitoring management system market ,based on geography, is segmented into North America, Europe, Asia-Pacific (Asia Pacific), the Middle East & Africa (MEA), and South America (SAM). North America accounted for the highest share in the global smart pest monitoring management system market growth in 2021, followed by Europe and Asia Pacific. However, Asia Pacific is expected to grow with the highest CAGR during the forecast period.  

In North America, the high manufacturing base of various industries, including automotive, chemical, rubber, and others, and rising agriculture activities makes this region one of the largest consumers of smart pest monitoring management system. Thus, the rising manufacturing industries are influencing the development of the regional smart pest monitoring management system market growth.

Component-Based Insights

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 2021 in the global smart pest monitoring management system market share. Smart pest monitoring management system, based on hardware,  comprises smart monitoring traps, mechanical rats and mouse traps, sensors, and GPS drones, among others. Smart monitoring traps are monitoring devices that attract targeted insect pests, sense the entering insect, and takes pictures of it.

The smart pest monitoring management system market size is segmented into component, end-user, and geography. Based on component, the smart pest monitoring management system market analysis is categorized into hardware and software & services. By end-user, the smart pest monitoring management system market analysis is segmented into commercial, residential, agriculture, and industrial. On the basis of geography, the smart pest monitoring management system market size is primarily segregated into North America, Europe, Asia Pacific (Asia Pacific), the Middle East & Africa (MEA), and South America.

Anticimex, Bell Labs, Bayer AG, Corteva, Ecolab, and Rentokil Initial PLC are some prominent smart pest monitoring management system market players. The market is highly fragmented, with several smart pest monitoring management system market players localized in a specific region to cater to domestic demand.

 

The smart pest monitoring management system market players mainly focus on developing advanced and efficient products.

  • In 2022, RATSENSE’s technology will be applied in NEA markets. All NEA markets and hawker centers will have rat surveillance devices installed. Under a two-year experiment, the NEA will deploy around 20 rat surveillance technologies every month, beginning with marketplaces and hawker centers.
  • In 2022, Bayer AG announced the launch of its brand-new Research and Innovation Center at Kendall Square in Boston-Cambridge, Massachusetts (U.S.A.), further extending the company's presence into one of the most cutting-edge pharmaceutical research and development centers worldwide.
Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

Component and End User

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russian Federation, Saudi Arabia, South Africa, South Korea, United Arab Emirates, United Kingdom, United States

Frequently Asked Questions


What trends are expected to drive the demand for various Smart Pest Monitoring Management Systems?

With the advent of advanced technologies such as artificial intelligence (AI), the acceptance of smart pest monitoring management systems is also rising, owing to their low service cost and ability to operate in real-time without interrupting the operation of the facility. Consequently, the demand for advanced pest control solutions is estimated to witness high growth in the coming years. The pest control service providers such as Rentokil, are robustly focusing on the integration of AI-based image-recognition technology to detect and handle different types of vermin and bugs. Also, the company's pest control specialists use a mobile app Pest ID developed by Accenture to detect bugs more efficiently.

Which region is expected to dominate the smart pest monitoring management system market in the forecast period?

The US, Canada, and Mexico are the key contributors to the Noth America smart pest monitoring management system market. The US and Canada are the developed countries in terms of modern technologies, the standard of living, and infrastructure. North America is one of the frontrunners in terms of developing and accepting new and advanced technologies. Also, North America is attracting massive foreign direct investment in manufacturing and several other industries, which creates a lucrative opportunity for smart pest monitoring management system players to grow the market. Further, the smart pest monitoring management system market is expected to grow significantly due to rising initiatives from the governments to implement pest management programs in all possible places.

Which end user is expected to dominate the market in the forecast period?

The commercial end-user segment of smart pest monitoring management system comprises commercial premises and properties. The commercial premises mainly entail offices, shopping malls, commercial complex, warehouses, and hospitals among others. On other hand, commercial properties majorly include hotels, restaurants, and resorts among others. The commercial segment is expected to register significant amount of smart pest monitoring management system market share owing to the rising number commercial premises and properties across the globe. Since, in commercial places visitors visit very frequent, the owners of the places do pest control on regular intervals to keep the place healthy.

Which component is expected to dominate the market in the forecast period?

Smart pest monitoring management system by hardware segment comprises smart monitoring traps, mechanical rats and mouse traps, sensors, and GPS drones among others. Smart monitoring traps are monitoring devices attracts targeted insect pests, senses the entering insect, and takes pictures of it. The trap also includes strong attractants (pheromone and/or food) to increase capture efficiency and traps the insect on its sticky floor. Further, the mechanical rats and mouse traps uses jaws that are operated by a coiled spring and triggering mechanism. Furthermore, sensors with internalized antenna can be used in any multi-catch trap or station other device without tools. The sensor can also be used outside of traps to monitor insects.

What are reasons behind smart pest monitoring management system market growth?

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.

What are market opportunities for smart pest monitoring management system market?

The increasing popularity of smart pest control solutions, along with the growing urbanization in developing markets and the advent of megacities, is creating a massive opportunity for the smart pest monitoring management system market. Countries such as China and India are among the key markets targeted by pest control service providers and pesticide suppliers, owing to the presence of high population density and a large middle-class population that is adopting pest control services. The residential sector witnessed a huge demand for smart pest monitoring management systems to efficiently handle the problem of the increasing number of bed bugs, mosquitoes, cockroaches, and termites. Moreover, insecticide aerosols are usually suggested to be applied across small buildings or nearby areas.

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. Smart Pest Monitoring Management System Market Landscape

4.1 Market Overview

4.2 PEST Analysis

4.2.1 North America

4.2.2 Europe

4.2.3 Asia-Pacific

4.2.4 Middle East and Africa

4.2.5 South America

4.3 Ecosystem Analysis

4.4 Expert Opinion

5. Smart Pest Monitoring Management System Market – Key Market Dynamics

5.1 Market Drivers

5.1.1 Rise in Adoption of Advance Technologies in Agriculture Sector

5.1.2 Several 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 Rising 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:

5.5.4 Other European Regulations

5.6 Impact Analysis of Drivers and Restraints

6. Smart Pest Monitoring Management System Market – Global Analysis

6.1 Smart Pest Monitoring Management System Market Global Overview

6.2 Smart Pest Monitoring Management System Market – Global Revenue and Forecast to 2028 (US$ Million)

6.3 Market Positioning – Six Key Players

6.4 Positioning Map- Smart Pest Monitoring Management Market

6.5 Competitive Benchmarking

6.5.1 Competitive Benchmarking

7. Smart Pest Monitoring Management System Market Analysis – by Component

7.1 Overview

7.2 Global 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. Smart Pest Monitoring Management System Market Revenue and Forecasts to 2028 – End-User

8.1 Overview

8.2 Global 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. Smart Pest Monitoring Management System Market – Geographic Analysis

9.1 Overview

9.2 North America: Smart Pest Monitoring Management System Market

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

9.2.2 North America: Smart Pest Monitoring Management System Market- by Component

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

9.2.4 North America: Smart Pest Monitoring Management System Market- by Key Country

9.2.4.1 US: Smart Pest Monitoring Management System Market – Revenue and Forecast to 2028 (US$ Million)

9.2.4.1.1 US: Smart Pest Monitoring Management System Market- by Component

9.2.4.1.2 US: Smart Pest Monitoring Management System Market- By End-User

9.2.4.2 Canada: Smart Pest Monitoring Management System Market – Revenue and Forecast to 2028 (US$ Million)

9.2.4.2.1 Canada: Smart Pest Monitoring Management System Market- by Component

9.2.4.2.2 Canada: Smart Pest Monitoring Management System Market- By End-User

9.2.4.3 Mexico: Smart Pest Monitoring Management System Market – Revenue and Forecast to 2028 (US$ Million)

9.2.4.3.1 Mexico: Smart Pest Monitoring Management System Market- by Component

9.2.4.3.2 Mexico: Smart Pest Monitoring Management System Market- By End-User

9.3 Europe: Smart Pest Monitoring Management System Market

9.3.1 Europe: Smart Pest Monitoring Management System Market – Revenue and Forecast to 2028 (US$ Million)

9.3.2 Europe: Smart Pest Monitoring Management System Market- by Component

9.3.3 Europe: Smart Pest Monitoring Management System Market- By End-User

9.3.4 Europe: Smart Pest Monitoring Management System Market- by Key Country

9.3.4.1 Germany: Smart Pest Monitoring Management System Market – Revenue and Forecast to 2028 (US$ Million)

9.3.4.1.1 Germany: Smart Pest Monitoring Management System Market- by Component

9.3.4.1.2 Germany: Smart Pest Monitoring Management System Market- By End-User

9.3.4.2 France: Smart Pest Monitoring Management System Market – Revenue and Forecast to 2028 (US$ Million)

9.3.4.2.1 France: Smart Pest Monitoring Management System Market- by Component

9.3.4.2.2 France: Smart Pest Monitoring Management System Market- By End-User

9.3.4.3 Italy: Smart Pest Monitoring Management System Market – Revenue and Forecast to 2028 (US$ Million)

9.3.4.3.1 Italy: Smart Pest Monitoring Management System Market- by Component

9.3.4.3.2 Italy: Smart Pest Monitoring Management System Market- By End-User

9.3.4.4 UK: Smart Pest Monitoring Management System Market – Revenue and Forecast to 2028 (US$ Million)

9.3.4.4.1 UK: Smart Pest Monitoring Management System Market- by Component

9.3.4.4.2 UK: Smart Pest Monitoring Management System Market- By End-User

9.3.4.5 Russia: Smart Pest Monitoring Management System Market – Revenue and Forecast to 2028 (US$ Million)

9.3.4.5.1 Russia: Smart Pest Monitoring Management System Market- by Component

9.3.4.5.2 Russia: Smart Pest Monitoring Management System Market- By End-User

9.3.4.6 Rest of Europe: Smart Pest Monitoring Management System Market – Revenue and Forecast to 2028 (US$ Million)

9.3.4.6.1 Rest of Europe: Smart Pest Monitoring Management System Market- by Component

9.3.4.6.2 Rest of Europe: Smart Pest Monitoring Management System Market- By End-User

9.4 APAC: Smart Pest Monitoring Management System Market

9.4.1 APAC: Smart Pest Monitoring Management System Market – Revenue and Forecast to 2028 (US$ Million)

9.4.2 APAC: Smart Pest Monitoring Management System Market- by Component

9.4.3 APAC: Smart Pest Monitoring Management System Market- By End-User

9.4.4 APAC: Smart Pest Monitoring Management System Market- by Key Country

9.4.4.1 Australia: Smart Pest Monitoring Management System Market – Revenue and Forecast to 2028 (US$ Million)

9.4.4.1.1 Australia: Smart Pest Monitoring Management System Market- by Component

9.4.4.1.2 Australia: Smart Pest Monitoring Management System Market- By End-User

9.4.4.2 China: Smart Pest Monitoring Management System Market – Revenue and Forecast to 2028 (US$ Million)

9.4.4.2.1 China: Smart Pest Monitoring Management System Market- by Component

9.4.4.2.2 China: Smart Pest Monitoring Management System Market- By End-User

9.4.4.3 India: Smart Pest Monitoring Management System Market – Revenue and Forecast to 2028 (US$ Million)

9.4.4.3.1 India: Smart Pest Monitoring Management System Market- by Component

9.4.4.3.2 India: Smart Pest Monitoring Management System Market- By End-User

9.4.4.4 Japan: Smart Pest Monitoring Management System Market – Revenue and Forecast to 2028 (US$ Million)

9.4.4.4.1 Japan: Smart Pest Monitoring Management System Market- by Component

9.4.4.4.2 Japan: Smart Pest Monitoring Management System Market- By End-User

9.4.4.5 South Korea: Smart Pest Monitoring Management System Market – Revenue and Forecast to 2028 (US$ Million)

9.4.4.5.1 South Korea: Smart Pest Monitoring Management System Market- by Component

9.4.4.5.2 South Korea: Smart Pest Monitoring Management System Market- By End-User

9.4.4.6 Rest of APAC: Smart Pest Monitoring Management System Market – Revenue and Forecast to 2028 (US$ Million)

9.4.4.6.1 Rest of APAC: Smart Pest Monitoring Management System Market- by Component

9.4.4.6.2 Rest of APAC: Smart Pest Monitoring Management System Market- By End-User

9.5 MEA: Smart Pest Monitoring Management System Market

9.5.1 MEA: Smart Pest Monitoring Management System Market – Revenue and Forecast to 2028 (US$ Million)

9.5.2 MEA: Smart Pest Monitoring Management System Market- by Component

9.5.3 MEA: Smart Pest Monitoring Management System Market- By End-User

9.5.4 MEA: Smart Pest Monitoring Management System Market- by Key Country

9.5.4.1 South Africa: Smart Pest Monitoring Management System Market – Revenue and Forecast to 2028 (US$ Million)

9.5.4.1.1 South Africa: Smart Pest Monitoring Management System Market- by Component

9.5.4.1.2 South Africa: Smart Pest Monitoring Management System Market- By End-User

9.5.4.2 Saudi Arabia: Smart Pest Monitoring Management System Market – Revenue and Forecast to 2028 (US$ Million)

9.5.4.2.1 Saudi Arabia: Smart Pest Monitoring Management System Market- by Component

9.5.4.2.2 Saudi Arabia: Smart Pest Monitoring Management System Market- By End-User

9.5.4.3 UAE: Smart Pest Monitoring Management System Market – Revenue and Forecast to 2028 (US$ Million)

9.5.4.3.1 UAE: Smart Pest Monitoring Management System Market- by Component

9.5.4.3.2 UAE: Smart Pest Monitoring Management System Market- By End-User

9.5.4.4 Rest of MEA: Smart Pest Monitoring Management System Market – Revenue and Forecast to 2028 (US$ Million)

9.5.4.4.1 Rest of MEA: Smart Pest Monitoring Management System Market- by Component

9.5.4.4.2 Rest of MEA: Smart Pest Monitoring Management System Market- By End-User

9.6 SAM: Smart Pest Monitoring Management System Market

9.6.1 SAM: Smart Pest Monitoring Management System Market – Revenue and Forecast to 2028 (US$ Million)

9.6.2 SAM: Smart Pest Monitoring Management System Market- by Component

9.6.3 SAM: Smart Pest Monitoring Management System Market- By End-User

9.6.4 SAM: Smart Pest Monitoring Management System Market- by Key Country

9.6.4.1 Brazil: Smart Pest Monitoring Management System Market – Revenue and Forecast to 2028 (US$ Million)

9.6.4.1.1 Brazil: Smart Pest Monitoring Management System Market- by Component

9.6.4.1.2 Brazil: Smart Pest Monitoring Management System Market- By End-User

9.6.4.2 Argentina: Smart Pest Monitoring Management System Market – Revenue and Forecast to 2028 (US$ Million)

9.6.4.2.1 Argentina: Smart Pest Monitoring Management System Market- by Component

9.6.4.2.2 Argentina: Smart Pest Monitoring Management System Market- By End-User

9.6.4.3 Rest of SAM: Smart Pest Monitoring Management System Market – Revenue and Forecast to 2028 (US$ Million)

9.6.4.3.1 Rest of SAM: Smart Pest Monitoring Management System Market- by Component

9.6.4.3.2 Rest of SAM: Smart Pest Monitoring Management System Market- By End-User

10. Smart Pest Monitoring Management System Market- COVID-19 Impact Analysis

10.1 Overview

10.2 North America

10.3 Europe

10.4 Asia Pacific

10.5 Middle East and Africa

10.6 South America

11. Industry Landscape

11.1 Overview

11.2 Market Initiative

11.3 Merger and Acquisition

11.4 New Development

12. Company Profiles

12.1 Ratdar

12.1.1 Key Facts

12.1.2 Business Description

12.1.3 Products and Services

12.1.4 Financial Overview

12.1.5 SWOT Analysis

12.1.6 Key Developments

12.2 Anticimex

12.2.1 Key Facts

12.2.2 Business Description

12.2.3 Products and Services

12.2.4 Financial Overview

12.2.5 SWOT Analysis

12.2.6 Key Developments

12.3 Bell Laboratories, Inc.

12.3.1 Key Facts

12.3.2 Business Description

12.3.3 Products and Services

12.3.4 Financial Overview

12.3.5 SWOT Analysis

12.3.6 Key Developments

12.4 Bayer AG

12.4.1 Key Facts

12.4.2 Business Description

12.4.3 Products and Services

12.4.4 Financial Overview

12.4.5 SWOT Analysis

12.4.6 Key Developments

12.5 Corteva

12.5.1 Key Facts

12.5.2 Business Description

12.5.3 Products and Services

12.5.4 Financial Overview

12.5.5 SWOT Analysis

12.5.6 Key Developments

12.6 EFOS d.o.o.

12.6.1 Key Facts

12.6.2 Business Description

12.6.3 Products and Services

12.6.4 Financial Overview

12.6.5 SWOT Analysis

12.6.6 Key Developments

12.7 SnapTrap B.V.

12.7.1 Key Facts

12.7.2 Business Description

12.7.3 Products and Services

12.7.4 Financial Overview

12.7.5 SWOT Analysis

12.7.6 Key Developments

12.8 Pelsis Group Ltd

12.8.1 Key Facts

12.8.2 Business Description

12.8.3 Products and Services

12.8.4 Financial Overview

12.8.5 SWOT Analysis

12.8.6 Key Developments

12.9 VM Products

12.9.1 Key Facts

12.9.2 Business Description

12.9.3 Products and Services

12.9.4 Financial Overview

12.9.5 SWOT Analysis

12.9.6 Key Developments

12.10 Rentokil Initial plc

12.10.1 Key Facts

12.10.2 Business Description

12.10.3 Products and Services

12.10.4 Financial Overview

12.10.5 SWOT Analysis

12.10.6 Key Developments

12.11 Futura GmbH

12.11.1 Key Facts

12.11.2 Business Description

12.11.3 Products and Services

12.11.4 Financial Overview

12.11.5 SWOT Analysis

12.11.6 Key Developments

12.12 PestWest USA

12.12.1 Key Facts

12.12.2 Business Description

12.12.3 Products and Services

12.12.4 Financial Overview

12.12.5 SWOT Analysis

12.12.6 Key Developments

12.13 RATSENSE

12.13.1 Key Facts

12.13.2 Business Description

12.13.3 Products and Services

12.13.4 Financial Overview

12.13.5 SWOT Analysis

12.13.6 Key Developments

12.14 Ecolab

12.14.1 Key Facts

12.14.2 Business Description

12.14.3 Products and Services

12.14.4 Financial Overview

12.14.5 SWOT Analysis

12.14.6 Key Developments

13. Appendix

13.1 About The Insight Partners

13.2 Word Index

LIST OF TABLES

Table 1. Smart Pest Monitoring Management System Market – Revenue, and Forecast to 2028 (US$ Million)

Table 2. North America: Smart Pest Monitoring Management System Market- by Component – Revenue and Forecast to 2028 (US$ Million)

Table 3. North America: Smart Pest Monitoring Management System Market- By End-User – Revenue and Forecast to 2028 (US$ Million)

Table 4. US: Smart Pest Monitoring Management System Market- by Component –Revenue and Forecast to 2028 (US$ Million)

Table 5. US: Smart Pest Monitoring Management System Market- By End-User –Revenue and Forecast to 2028 (US$ Million)

Table 6. Canada: Smart Pest Monitoring Management System Market- by Component –Revenue and Forecast to 2028 (US$ Million)

Table 7. Canada: Smart Pest Monitoring Management System Market- By End-User –Revenue and Forecast to 2028 (US$ Million)

Table 8. Mexico: Smart Pest Monitoring Management System Market- by Component –Revenue and Forecast to 2028 (US$ Million)

Table 9. Mexico: Smart Pest Monitoring Management System Market- By End-User –Revenue and Forecast to 2028 (US$ Million)

Table 10. Europe: Smart Pest Monitoring Management System Market- by Component – Revenue and Forecast to 2028 (US$ Million)

Table 11. Europe: Smart Pest Monitoring Management System Market- By End-User – Revenue and Forecast to 2028 (US$ Million)

Table 12. Germany: Smart Pest Monitoring Management System Market- by Component –Revenue and Forecast to 2028 (US$ Million)

Table 13. Germany: Smart Pest Monitoring Management System Market- By End-User –Revenue and Forecast to 2028 (US$ Million)

Table 14. France: Smart Pest Monitoring Management System Market- by Component –Revenue and Forecast to 2028 (US$ Million)

Table 15. France: Smart Pest Monitoring Management System Market- By End-User –Revenue and Forecast to 2028 (US$ Million)

Table 16. Italy: Smart Pest Monitoring Management System Market- by Component –Revenue and Forecast to 2028 (US$ Million)

Table 17. Italy: Smart Pest Monitoring Management System Market- By End-User –Revenue and Forecast to 2028 (US$ Million)

Table 18. UK: Smart Pest Monitoring Management System Market- by Component –Revenue and Forecast to 2028 (US$ Million)

Table 19. UK: Smart Pest Monitoring Management System Market- By End-User –Revenue and Forecast to 2028 (US$ Million)

Table 20. Russia: Smart Pest Monitoring Management System Market- by Component –Revenue and Forecast to 2028 (US$ Million)

Table 21. Russia: Smart Pest Monitoring Management System Market- By End-User –Revenue and Forecast to 2028 (US$ Million)

Table 22. Rest of Europe: Smart Pest Monitoring Management System Market- by Component –Revenue and Forecast to 2028 (US$ Million)

Table 23. Rest of Europe: Smart Pest Monitoring Management System Market- By End-User –Revenue and Forecast to 2028 (US$ Million)

Table 24. APAC: Smart Pest Monitoring Management System Market- by Component – Revenue and Forecast to 2028 (US$ Million)

Table 25. APAC: Smart Pest Monitoring Management System Market- By End-User – Revenue and Forecast to 2028 (US$ Million)

Table 26. Australia: Smart Pest Monitoring Management System Market- by Component –Revenue and Forecast to 2028 (US$ Million)

Table 27. Australia: Smart Pest Monitoring Management System Market- By End-User –Revenue and Forecast to 2028 (US$ Million)

Table 28. China: Smart Pest Monitoring Management System Market- by Component –Revenue and Forecast to 2028 (US$ Million)

Table 29. China: Smart Pest Monitoring Management System Market- By End-User –Revenue and Forecast to 2028 (US$ Million)

Table 30. India: Smart Pest Monitoring Management System Market- by Component –Revenue and Forecast to 2028 (US$ Million)

Table 31. India: Smart Pest Monitoring Management System Market- By End-User –Revenue and Forecast to 2028 (US$ Million)

Table 32. Japan: Smart Pest Monitoring Management System Market- by Component –Revenue and Forecast to 2028 (US$ Million)

Table 33. Japan: Smart Pest Monitoring Management System Market- By End-User –Revenue and Forecast to 2028 (US$ Million)

Table 34. South Korea: Smart Pest Monitoring Management System Market- by Component –Revenue and Forecast to 2028 (US$ Million)

Table 35. South Korea: Smart Pest Monitoring Management System Market- By End-User –Revenue and Forecast to 2028 (US$ Million)

Table 36. Rest of APAC: Smart Pest Monitoring Management System Market- by Component –Revenue and Forecast to 2028 (US$ Million)

Table 37. Rest of APAC: Smart Pest Monitoring Management System Market- By End-User –Revenue and Forecast to 2028 (US$ Million)

Table 38. MEA: Smart Pest Monitoring Management System Market- by Component– Revenue and Forecast to 2028 (US$ Million)

Table 39. MEA: Smart Pest Monitoring Management System Market- By End-User – Revenue and Forecast to 2028 (US$ Million)

Table 40. South Africa: Smart Pest Monitoring Management System Market- by Component –Revenue and Forecast to 2028 (US$ Million)

Table 41. South Africa: Smart Pest Monitoring Management System Market- By End-User –Revenue and Forecast to 2028 (US$ Million)

Table 42. Saudi Arabia: Smart Pest Monitoring Management System Market- by Component –Revenue and Forecast to 2028 (US$ Million)

Table 43. Saudi Arabia: Smart Pest Monitoring Management System Market- By End-User –Revenue and Forecast to 2028 (US$ Million)

Table 44. UAE: Smart Pest Monitoring Management System Market- by Component –Revenue and Forecast to 2028 (US$ Million)

Table 45. UAE: Smart Pest Monitoring Management System Market- By End-User –Revenue and Forecast to 2028 (US$ Million)

Table 46. Rest of MEA: Smart Pest Monitoring Management System Market- by Component –Revenue and Forecast to 2028 (US$ Million)

Table 47. Rest of MEA: Smart Pest Monitoring Management System Market- By End-User –Revenue and Forecast to 2028 (US$ Million)

Table 48. SAM: Smart Pest Monitoring Management System Market- by Component – Revenue and Forecast to 2028 (US$ Million)

Table 49. SAM: Smart Pest Monitoring Management System Market- By End-User – Revenue and Forecast to 2028 (US$ Million)

Table 50. Brazil: Smart Pest Monitoring Management System Market- by Component –Revenue and Forecast to 2028 (US$ Million)

Table 51. Brazil: Smart Pest Monitoring Management System Market- By End-User –Revenue and Forecast to 2028 (US$ Million)

Table 52. Argentina: Smart Pest Monitoring Management System Market- by Component –Revenue and Forecast to 2028 (US$ Million)

Table 53. Argentina: Smart Pest Monitoring Management System Market- By End-User –Revenue and Forecast to 2028 (US$ Million)

Table 54. Rest of SAM: Smart Pest Monitoring Management System Market- by Component–Revenue and Forecast to 2028 (US$ Million)

Table 55. Rest of SAM: Smart Pest Monitoring Management System Market- By End-User –Revenue and Forecast to 2028 (US$ Million)

Table 56. List of Abbreviation

LIST OF FIGURES

Figure 1. Smart Pest Monitoring Management System Market Segmentation

Figure 2. Smart Pest Monitoring Management System Market Segmentation – By Geography

Figure 3. Global Smart Pest Monitoring Management System Market Overview

Figure 4. Hardware Segment Held the Largest Market Share in 2021

Figure 5. Residential Held the Largest Market Share in 2021

Figure 6. North America was the Largest Revenue Contributor in 2021

Figure 7. North America – PEST Analysis

Figure 8. Europe – PEST Analysis

Figure 9. Asia-Pacific – PEST Analysis

Figure 10. Middle East and Africa – PEST Analysis

Figure 11. South America – PEST Analysis

Figure 12. Expert Opinion

Figure 13. Smart Pest Monitoring Management System Market Impact Analysis of Drivers and Restraints

Figure 14. Geographic Overview of Smart Pest Monitoring Management System Market

Figure 15. Global Smart Pest Monitoring Management System Market – Revenue and Forecast to 2028 (US$ Million)

Figure 16. Competitive Benchmarking

Figure 17. Competitive Benchmarking

Figure 18. Smart Pest Monitoring Management System Market Breakdown, By Component, 2021 and 2028 (%)

Figure 19. Hardware: Smart Pest Monitoring Management System Market - Revenue and Forecast to 2028 (US$ Million)

Figure 20. Software & Services: Smart Pest Monitoring Management System Market - Revenue and Forecast to 2028 (US$ Million)

Figure 21. Global Smart Pest Monitoring Management System Market Breakdown, By End-User, 2021 and 2028 (%)

Figure 22. Commercial: Smart Pest Monitoring Management System Market - Revenue and Forecast to 2028 (US$ Million)

Figure 23. Residential: Smart Pest Monitoring Management System Market - Revenue and Forecast to 2028 (US$ Million)

Figure 24. Agriculture: Smart Pest Monitoring Management System Market - Revenue and Forecast to 2028 (US$ Million)

Figure 25. Industrial: Smart Pest Monitoring Management System Market - Revenue and Forecast to 2028 (US$ Million)

Figure 26. Smart Pest Monitoring Management System Market Revenue Share, By Region (2021 and 2028)

Figure 27. North America: Smart Pest Monitoring Management System Market – Revenue and Forecast to 2028 (US$ Million)

Figure 28. North America: Smart Pest Monitoring Management System Market Revenue Share, by Component (2021 and 2028)

Figure 29. North America: Smart Pest Monitoring Management System Market Revenue Share, By End-User (2021 and 2028)

Figure 30. North America: Smart Pest Monitoring Management System Market Revenue Share, by Key Country (2021 and 2028)

Figure 31. US: Smart Pest Monitoring Management System Market – Revenue and Forecast to 2028 (US$ Million)

Figure 32. Canada: Smart Pest Monitoring Management System Market – Revenue and Forecast to 2028 (US$ Million)

Figure 33. Mexico: Smart Pest Monitoring Management System Market – Revenue and Forecast to 2028 (US$ Million)

Figure 34. Europe: Smart Pest Monitoring Management System Market – Revenue and Forecast to 2028 (US$ Million)

Figure 35. Europe: Smart Pest Monitoring Management System Market Revenue Share, By Component (2021 and 2028)

Figure 36. Europe: Smart Pest Monitoring Management System Market Revenue Share, By End-User (2021 and 2028)

Figure 37. Europe: Smart Pest Monitoring Management System Market Revenue Share, By Key Country (2021 and 2028)

Figure 38. Germany: Smart Pest Monitoring Management System Market – Revenue and Forecast to 2028 (US$ Million)

Figure 39. France: Smart Pest Monitoring Management System Market – Revenue and Forecast to 2028 (US$ Million)

Figure 40. Italy: Smart Pest Monitoring Management System Market – Revenue and Forecast to 2028 (US$ Million)

Figure 41. UK: Smart Pest Monitoring Management System Market – Revenue and Forecast to 2028 (US$ Million)

Figure 42. Russia: Smart Pest Monitoring Management System Market – Revenue and Forecast to 2028 (US$ Million)

Figure 43. Rest of Europe: Smart Pest Monitoring Management System Market – Revenue and Forecast to 2028 (US$ Million)

Figure 44. APAC: Smart Pest Monitoring Management System Market – Revenue and Forecast to 2028 (US$ Million)

Figure 45. APAC: Smart Pest Monitoring Management System Market Revenue Share, By Component (2021 and 2028)

Figure 46. APAC: Smart Pest Monitoring Management System Market Revenue Share, By End-User (2021 and 2028)

Figure 47. APAC: Smart Pest Monitoring Management System Market Revenue Share, By Key Country (2021 and 2028)

Figure 48. Australia: Smart Pest Monitoring Management System Market – Revenue and Forecast to 2028 (US$ Million)

Figure 49. China: Smart Pest Monitoring Management System Market – Revenue and Forecast to 2028 (US$ Million)

Figure 50. India: Smart Pest Monitoring Management System Market – Revenue and Forecast to 2028 (US$ Million)

Figure 51. Japan: Smart Pest Monitoring Management System Market – Revenue and Forecast to 2028 (US$ Million)

Figure 52. South Korea: Smart Pest Monitoring Management System Market – Revenue and Forecast to 2028 (US$ Million)

Figure 53. Rest of APAC: Smart Pest Monitoring Management System Market – Revenue and Forecast to 2028 (US$ Million)

Figure 54. MEA: Smart Pest Monitoring Management System Market – Revenue and Forecast to 2028 (US$ Million)

Figure 55. MEA: Smart Pest Monitoring Management System Market Revenue Share, By Component (2021 and 2028)

Figure 56. MEA: Smart Pest Monitoring Management System Market Revenue Share, By End-User (2021 and 2028)

Figure 57. MEA: Smart Pest Monitoring Management System Market Revenue Share, By Key Country (2021 and 2028)

Figure 58. South Africa: Smart Pest Monitoring Management System Market – Revenue and Forecast to 2028 (US$ Million)

Figure 59. Saudi Arabia: Smart Pest Monitoring Management System Market – Revenue and Forecast to 2028 (US$ Million)

Figure 60. UAE: Smart Pest Monitoring Management System Market – Revenue and Forecast to 2028 (US$ Million)

Figure 61. Rest of MEA: Smart Pest Monitoring Management System Market – Revenue and Forecast to 2028 (US$ Million)

Figure 62. SAM: Smart Pest Monitoring Management System Market – Revenue and Forecast to 2028 (US$ Million)

Figure 63. SAM: Smart Pest Monitoring Management System Market Revenue Share, By Component (2021 and 2028)

Figure 64. SAM: Smart Pest Monitoring Management System Market Revenue Share, By End-User (2021 and 2028)

Figure 65. SAM: Smart Pest Monitoring Management System Market Revenue Share, By Key Country (2021 and 2028)

Figure 66. Brazil: Smart Pest Monitoring Management System Market – Revenue and Forecast to 2028 (US$ Million)

Figure 67. Argentina: Smart Pest Monitoring Management System Market – Revenue and Forecast to 2028 (US$ Million)

Figure 68. Rest of SAM: Smart Pest Monitoring Management System Market – Revenue and Forecast to 2028 (US$ Million)

Figure 69. Impact of COVID-19 Pandemic in North American Country Markets

Figure 70. Impact of COVID-19 Pandemic in Europe Country Markets

Figure 71. Impact of COVID-19 Pandemic in Asia Pacific Country Markets

Figure 72. Impact of COVID-19 Pandemic in Middle East and Africa Country Markets

Figure 73. Impact of COVID-19 Pandemic in South America Country Markets

The List of Companies - Smart Pest Monitoring Management Market

  1. Ratdar
  2. Anticimex
  3. Bell Laboratories, Inc.
  4. Bayer AG
  5. Corteva
  6. EFOS d.o.o
  7. SnapTrap B.V.
  8. Pelsis Group Ltd
  9. VM Products
  10. Rentokil Initial Plc
  11. Futura GmbH
  12. PestWest USA
  13. Ratsense
  14. Ecolab

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

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