Press release
Electric Fence Market By Product and Service, By Application, By End User and Region: Global Industry Analysis, Share, Opportunity, Competition and Forecast 2022 to 2027
The Electric Fence Market 2022 report provides the overall structure and business outlook of the global and regional industries. The study also involves the important Achievements of the market, Research & Development, new product launch, product responses and regional growth of the leading competitors operating in the market on a global and local scale. This study provides information about the growth and revenue during the historic and forecasted period of 2022 to 2028. The structured analysis contains graphical as well as a diagrammatic representation of the global Electric Fence Market with its specific geographical regions.The Global Electric Fence Market Size is Projected to Reach at a CAGR of 7% during 2022-2028.
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Market Overview:
The electric fencing works as a major deterrent for wild animals to enter the farmlands and destroy the crops and livestock. Farmers have been suffering huge economic losses owing to the destruction caused by the wild animals. To curb such wild animal attacks, the farmers are focusing on installing electric fences to prevent crop and livestock destruction. For instance, in 2019, the Forest Department in Kerala, India installed electric fences and dug trenches that run over several kilometers across the forest borders to prevent the entry of wild animals. The increasing adoption of fencing products to prevent economic loss by the farmers is expected to bode well for the growth of the electric fence market during the forecast period.
The key manufacturers covered in this report:
Gallagher, Tru-Test Group, Woodstream, Electric Guard Dog, Parker McCrory, Premier1Supplies, Kencove, PetSafe, Dare Products, Mpumalanga, High Tech Pet, Shenzhen Tongher Technology, Shenzhen Lanstar
Segmentation by type:
Portable Fence
Permanent Fence
Segmentation by application:
Agriculture
Wild Animals
Pets
Security
Others
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North America to Remain Dominant; Increasing Focus on National Security to Aid Growth
Among all the regions, North America is expected to remain at the forefront and hold the highest position in the global electric fencing market in the forthcoming years. This is attributable to the increasing focus on national security that is propelling the defense forces to install fencing to prevent intrusion. The region stood at USD 166.8 million in 2019. The electric fencing market in Malaysia growing with high technological advancements. The market in Europe is anticipated to showcase a significant growth owing to the increasing demand for fencing products by homeland security between 2020 and 2027.
The regions are further sub-divided into:
North America - US, Canada, and Mexico
Europe - UK, Germany, France, Italy, Russia, Spain & Rest of Europe
Asia-Pacific - China, India, Japan, South Korea, Australia & Rest of APAC
Latin America - Brazil, Argentina, Peru, Chile & Rest of Latin America
The Middle East and Africa - Saudi Arabia, UAE, Israel, South Africa
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Highlights of the Electric Fence Market Report:
Detailed overview of Electric Fence Market
Changing the Electric Fence market dynamics of the industry
In-depth market segmentation by Type, Application, etc.
Historical, current and projected Electric Fence market size in terms of volume and value
Recent industry trends and developments
Competitive landscape of Electric Fence Market
Strategies of key players and product offerings
Potential and niche segments/regions exhibiting promising growth.
Finally, the Electric Fence Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request, market development rate and figure, and so on. Electric Fence industry report additionally Presents a new task SWOT examination, speculation attainability investigation, and venture return investigation.
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Also, Research Report Examines:
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By Product Type, Applications & Growth Factors
Industry Status and Outlook for Major Applications / End Users / Usage Area
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