The automated pest monitoring system market for agriculture sector size has the potential to grow by USD 82.72 million during 2020-2024, and the market’s growth momentum will accelerate during the forecast period, according to this Technavio research
Market Competitive Analysis
The market is fragmented. By offering a complete analysis of the competitive landscape of the pest monitoring system market along with information on the products offered by the companies, this automated pest monitoring system market for agriculture sector industry analysis report will aid clients in identifying new growth opportunities and design new growth strategies. Mouser Electronics Inc., SemiosBio Technologies Inc., ServicePro, SNAPTRAP, and Syngenta Crop Protection AG are some of the major market participants. Although the Growing focus on reducing manual intervention in fields will offer immense growth opportunities, the Growing threat from alternative pest control methods will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
To help clients improve their market position, this automated pest monitoring system market for the agriculture sector forecast report provides a detailed analysis of the market leaders and offers information on the competencies and capacities of these companies. The report also covers details on the market’s competitive landscape and offers information on the products offered by various companies. Moreover, this automated pest monitoring system market for the agriculture sector analysis report also provides information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.
This report provides information on the production, sustainability, and prospects of several leading companies, including:
- Anticimex Group
- DUNAVNET DOO NOVI SAD
- EFOS doo
- FaunaPhotonics AS
- Mouser Electronics Inc.
- SemiosBio Technologies Inc.
- Syngenta Crop Protection AG
Automated Pest Monitoring System Market for Agriculture Sector: Segmentation by Region
APAC will offer several growth opportunities to market vendors during the forecast period. New product launches will significantly influence the growth of the automated pest monitoring system market share for the agriculture sector in this region.
31% of the market’s growth will originate from APAC during the forecast period. China is the key market for an automated pest monitoring system in APAC. Market growth in this region will be slower than the growth of the market in South America.
Automated Pest Monitoring System Market for Agriculture Sector: Segmentation by End-user
In large-scale farms, the land is used to grow a variety of different crops across acres to produce consistent and high yield for maximum profits. Maintaining crop health is essential for successful farming both in terms of quality and yield for which farmers need to carry out strategies to control pest attacks and increase crop yield. Pest attacks can be controlled effectively by installing automated pest control systems that ensure the early detection of pests. Such practices also help large-scale farmers to keep the pest population below the EIL in large-scale agricultural fields. These benefits offered by automated pest monitoring systems will increase their demand in large-scale farms.
Market growth in this segment will be slower than the growth of the market in the small-scale farms’ segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the automated pest monitoring system market for agriculture sector size.
Automated Pest Monitoring System Market for Agriculture Sector: Key Drivers and Trends
The growing focus for reducing manual intervention in fields will be one of the major factors driving automated pest monitoring system market growth. Manual pest monitoring in farms is time-consuming and requires expert labors for sufficient accuracy while incurring additional cost for farmers and may result in safety issues for workers. These factors result in significant yield loss due to the damage caused by pests, driving the need for automated solutions. Automated pest monitoring systems minimize crop damage by pests and ensure fewer field visits. Also, the implementation of these automated monitoring systems enhances the accuracy of pest monitoring at a lower cost.
The use of automated pest control methods reduces the use of chemical pesticides in the agriculture sector. The automated pest monitoring systems reduce risks associated with pest occurrences. These systems help end-users to use pest management inputs timely and efficiently. Moreover, the early controlling of pests helps resolve the problem before the crop sustains serious damage. These systems offer near real-time indications regarding pest occurrences, provide accurate data about the influence of pests on the yield and help end-users in deciding the required amount of pesticides. Therefore, the increasing focus on reducing pesticide will influence the growth of the market in focus during the forecast period.