The new report by Expert Market Research titled, ‘Global Electric Fencing Market Report and Forecast 2022-2027’, gives an in-depth analysis of the global electric fencing market, assessing the market based on its segments like types, applications, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.
Get a Free Sample Report with Table of Contents: https://bit.ly/3u5Lk7s
The key highlights of the report include:
Market Overview (2017-2027)
• Historical Market Size (2021): USD 337.06 Million
• Forecast CAGR (2022-2027): 5.5%
• Forecast Market Size (2027): USD 464.17 Million
The rising application of electric fencing in the agricultural sector to prevent the raiding of crops and killing of livestock is driving the market growth. Electric fencing requires lower cost for labour and materials, which is likely to be an invigorating factor in the market. Moreover, the growing adoption of portable electrical fences by farmers for an effective and convenient gazing control is anticipated to propel the market growth in the forecast period. Meanwhile, the rampant use of electric fencing in the commercial and residential construction areas aimed towards keeping a territory secure from theft and crime, is likely to be a major driving factor in the market. Geographically, North America accounts for significant share in the market owing to the stringent government regulations in Canada and the United States, aimed towards taking care of the demands of the community.
Industry Definition and Major Segments
Electric fencing is constructed around a space to provide a physical and psychological barrier to the outer resources. Electric fencing system is made up of conductive wires and insulators and are energised by a fence controller. Electric fencing can be of two types, portable or permanent. The rate of success of electric fencing is dependent upon a lot of factors among which, careful insulation and removal of stray wires are primary.
On the basis of type, the market can be segmented into:
• Permanent Fence
• Portable Fence
Based on application, the market can be bifurcated into:
• Agriculture
• Wild Animals
• Pets
• Security
• Others
The regional markets for electric fencing include:
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa
Read Full Report with Table of Contents: https://bit.ly/3HSzROg
Market Trends
The key trends in the electric fencing market include the technological advancements in the fencing systems, coupled with the rapid digitalisation across the emerging economies. For instance, electrical fencing supported with artificial intelligence notify the presence of intruders or wild animals. Meanwhile, the growing R&D activities by the major market players aimed towards developing electric fences with special designs capable of withstanding and efficiently operating in snowy, frozen, or dry weather conditions are likely to be among the other key trends in the market. Furthermore, the market will be aided by the increasing investments in the remote operation technology to bolster the fencing system for wildlife purposes.
Key Market Players
The major players in the market are Dare Products Inc, Arthur J. Gallagher and Co., High Tech Pet Products, Inc., Kencove Farm Fence Supplies, and Radio Systems Corporation (Petsafe), among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
About Us:
Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company’s expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.
EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over a 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.
Media Contact
Company Name: Claight Corporation
Contact Person:- Jessica Lucas, Business Consultant
Email: sales@expertmarketresearch.com
Toll Free Number: US +1-415-325-5166 | UK +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, US
Website: https://www.expertmarketresearch.com
Also Read:
Low Fat Dairy Products Market: https://voiceofthesouth.com.au/2022/06/02/global-low-fat-dairy-products-market-to-be-driven-by-increasing-prevalence-of-diseases-like-obesity-and-rising-awareness-for-the-health-benefits-of-consuming-low-fat-dairy-products-in-the-forecast-per/
Chiropractic Software Market: https://voiceofthesouth.com.au/2022/06/02/global-chiropractic-software-market-to-be-driven-by-increasing-adoption-of-technology-and-improved-medical-infrastructure-in-the-forecast-period-of-2021-2026/
Cod Liver Oil Market: https://voiceofthesouth.com.au/2022/06/02/global-cod-liver-oil-market-to-be-driven-by-the-growing-awareness-about-the-various-health-benefits-in-the-forecast-period-of-2021-2026/
Eggshell Membrane Derivatives Market: https://voiceofthesouth.com.au/2022/06/02/global-eggshell-membrane-derivatives-market-to-be-driven-by-its-rising-popularity-in-the-forecast-period-of-2021-2026-emr-inc/
Explore more on Procurement Intelligence services of EMR Inc.
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
