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Smart Animal Trap Market Emerging Growth Analysis, Future Demand and Business Opportunities 2028

04-27-2023 09:09 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Premium Market Insights

Smart Animal Trap Market

Smart Animal Trap Market

The "Smart Animal Trap Market" is expected to grow from US$ 334.36 million in 2022 to US$ 507.56 million by 2028. It is estimated to grow at a CAGR of 7.2% from 2022 to 2028.

The practice of local hunters setting traps and checking them daily for the capture of dangerous animals becomes increasingly challenging as they age. To alleviate this physical strain, there is a growing interest in using the Internet of Things (IoT) to minimize human involvement in animal trapping. A number of IT companies and startups specializing in the IoT are working on creating remote monitoring systems for wildlife surveillance and wildlife trapping to address this issue. These systems utilize sensors to detect the capture of hazardous animals and then alert remote administrators through GPS and Low Power Wide Area (LPWA) communication.

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Companies Profiled in this report includes:

• Trapmaster
• AlertHouse ApS (Minkpolice)
• Revier Manager
• Wildmelder
• Skyhawk
• CatchAlive ApS
• Encounter Solutions Ltd.
• Econode Ltd.
• Wildlife Dominion Management LLC. (HogEye)
• PestSense Pty Ltd Animal Trap Solutions
• TrapSmart tm LLp
• uWatch Ltd.
• Fallenmeder TRAPMASTER
• Tritos
• Boarmaster

The use of IoT technology in wildlife trapping has enabled remote monitoring and reduced the physical demands of daily checks by hunters. A map can be generated to show the status of traps in a specific region, and notifications can be sent to registered email addresses. This technique is more efficient as it allows hunters to go directly to the location of the captured animals. Cloud data collected from wildlife trap monitoring devices can also be analyzed to track the capture time and location. However, poor connectivity and limited access to power sources can result in blind spots, which can be addressed by testing wireless relays and renewable energy-powered systems such as solar power-based traps. Thus, the expansion of IoT technology and the development of power sources are expected to introduce new trends in the smart animal trap market during the forecast period.

COVID-19 Impact on Smart Animal Trap Market Size

In the MEA region, which includes South Africa, the UAE, and Saudi Arabia, the COVID-19 pandemic posed significant challenges for all sectors during 2020 and the first half of 2021. With the outbreak leading most people to stay indoors, the adoption of work-from-home practices was boosted. The smart animal trap market experienced a decline at the start of the pandemic, due to disrupted supply chains and declining growth in industries such as semiconductor components, consumer electronics, and IT & telecommunication. Additionally, some developing economies in the region have been unable to afford smart animal trap systems due to significant losses incurred by governments and businesses.

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Smart Animal Trap Market Segmentation:

By Component:
• Hardware
 Sensors
 Cameras
• Software
• Services

By Application:
• Residential
• Commercial

In June 2021, a visitor was killed by a wild hippo in Kenya's Mairo-inya village. The relevant government could not fund the deployment of a smart animal trap system due to supply chain constraints that increased the overhead costs of deployment. Such incidents and factors have led to increased demand for smart animal trap systems in the region. Therefore, the COVID-19 pandemic's overall impact on the MEA smart animal trap market was moderate.
The Asia Pacific region has been divided into different segments, including India, China, Japan, South Korea, Australia, and the Rest of Asia Pacific, for the smart animal trap market study. With 11% of all animal species being found in China, wildlife conservation is critical to maintaining biodiversity globally. China's conservation initiatives have had some success, but human activities pose a threat to 21.4% of vertebrate species, which has led to an increasing demand for monitoring devices in the country.

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