North America Smart Animal Trap Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – Component (Hardware, Software, and Services), Hardware (Sensors, Cameras, and Others), and Application (Residential and Commercial)
The North America smart animal trap market is expected to grow from US$ 460.14 million in 2022 to US$ 646.44 million by 2028; it is estimated to grow at a CAGR of 5.8% from 2022 to 2028.
Agriculture is the primary means of livelihood for many people around the world. Farmers still rely on old, conventional farming practices, which is a major factor causing a reduction in crop yields. The poor management of animal infiltration in agricultural lands is one of many factors that contribute to this. Deer, wild pigs, rabbits, moles, monkeys, and other animals with high reproductive rates can seriously harm crops by nibbling on small pieces or just by rushing around the fields and trampling them. The fast adaptation of some wild animal species to anthropogenic surroundings is further intensifying the HWCs, which results in reproduction of populations that are abnormally big in numbers. Epigenetics may provide species with the adaptability to be able to cope with rapidly changing environmental conditions, even if they take a long time to develop and reproduce sparingly. Shorter-lived species reproduce more frequently, and the quick succession of generations makes it possible for them to attain genetic adaptation much more swiftly through natural selection. The manual irrigation of a vast tract of agricultural land is exceedingly laborious for farmers and wild animal attacks in such huge population might quickly result in considerable yield losses and create financial issues for farmers. Considering the fact that crop security from wild animals necessitates extra precautions that adds up to overall costs of farming, the need for smart animal traps is likely to propel in the market during the forecast period.
Vendors in the smart animal trap market can attract new customers and expand their footprints in emerging markets by offering products with new features and technologies. This factor is likely to drive the North America smart animal trap market at a good CAGR during the forecast period.
North America Smart Animal Trap Market Revenue and Forecast to 2028 (US$ Million)
North America Smart Animal Trap Market Segmentation
The North America smart animal trap market is segmented on the basis of hardware, application, component, and country. Based on hardware, the market is segmented into sensors, cameras, and others. The cameras segment dominated the market in 2022, and the sensors segment is expected to register the highest CAGR during forecast period. By application, the market is bifurcated into residential and commercial. The commercial segment dominated the market in 2022 and is expected to register a higher CAGR during the forecast period. In terms of component, the North America smart animal trap market is segmented into hardware, software, and services. The hardware segment dominated the market in 2022, and the software segment is expected to register the highest CAGR during the forecast period. From country point of reference, the North America smart animal trap market is segmented into the US, Canada, and Mexico.
Fallenmelder TRAPMASTER, Skyhawk, TrapSmart tm LLP., Triotos, and Wildlife Dominion Management LLC. (HogEye) are among the leading companies in the North America smart animal trap market.
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