Smart Pest Detection System Market was valued at USD 1.2 Billion in 2022 and is projected to reach USD 3.4 Billion by 2030, growing at a CAGR of 17.2% from 2024 to 2030.
The global Smart Pest Detection System market was valued at approximately USD 1.8 billion in 2022 and is projected to reach USD 3.6 billion by 2027, growing at a compound annual growth rate (CAGR) of 14.7% during the forecast period. The increasing adoption of Internet of Things (IoT) technologies, advancements in sensor technologies, and rising awareness about the benefits of automated pest management systems are driving the growth of this market. Additionally, the need for precision agriculture and smart farming practices, which enhance crop yield and reduce the usage of harmful chemicals, contributes significantly to the market expansion.
Opportunity analysis indicates that there is substantial potential in emerging markets, particularly in regions like Asia-Pacific and Latin America, where rapid urbanization and agricultural advancements are creating a fertile ground for smart pest detection solutions. These regions are expected to experience robust growth due to increased investment in smart agriculture and the expansion of IoT infrastructure. Moreover, the growing focus on sustainable agriculture and the integration of machine learning and AI in pest management systems further accentuate the market opportunities. As these technologies become more accessible and affordable, the market is likely to see increased adoption and innovation across various sectors.
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Anticimex
Syngenta Crop Protection AG
Dunav NET
Mouser Electronics Inc.
EFOS
Spensa Technologies
Fauna Photonics AS
SemiosBio Technologies
Ratdar
Futura GmbH
Ratsense
Pelsis Group Ltd
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Smart Pest Detection System Market
Agricultural
Forestry
Customs
Others
Based on Types the Market is categorized into Below types that held the largest Smart Pest Detection System market share In 2023.
Pest ldentification
Pest Warning
Others
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Smart Pest Detection System Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Smart Pest Detection System Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Smart Pest Detection System Market, By Type
6. Global Smart Pest Detection System Market, By Application
7. Global Smart Pest Detection System Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Smart Pest Detection System Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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