Electric Fencing Market Share, Size, Trends, Industry Analysis Report, By Type (Permanent Fence and Portable Fence); By Application; By Region; Segment Forecast, 2023-2032
- Published Date:Feb-2023
- Pages: 116
- Format: pdf
- Report ID: PM3028
- Base Year: 2022
- Historical Data: 2019-2021
Report Outlook
The global electric fencing market was valued at USD 322.04 million in 2022 and is expected to grow at a CAGR of 6.3% during the forecast period. Increasing reliance on decentralized renewable energy (DRE) systems, particularly solar electricity, in rural areas to lessen this burden. The government also supports the usage of DRE as it reduces the power consumption by farmers in the country. This makes the farmers use solar fencing as animals approaching the solar-powered fence device receive a controlled electric shock. The mild shock does not hurt the animal, but it discouraged them from entering the fields to eat the yield. This will fuel the growth of the electric fencing market.
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Animals of all kinds may typically be controlled with electric fence systems. A standard electric fence is a wall to keep various agricultural animals inside and wild animals outside, even over extremely long distances. Animals are taught to stay away from and not approach electric fences.
Another barrier that keeps people and animals out of restricted areas is electric fences. These fences will cause a mild electric shock that will make the victim uneasy and keep them from going into an off-limits site. Today, defense and agriculture are the two main objectives of electric fences. Additionally, they monitor places with high security, such as prisons and military institutions.
Electric perimeter fencing is undoubtedly one of the best methods for keeping intruders from any property. Electric perimeter fencing is gaining importance since they are economical and easy to set up, has reliable performance, is safe to use, and is durable.
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Industry Dynamics
Growth Drivers
The electric fencing market has gained ground quickly in recent years and is anticipated to experience strong revenue growth over the forecast period. Russia's invasion of Ukraine has brought about a revolutionary shift in the global environment. Electric fencing has grown in popularity because of its enhanced capacity, ease of installation, and lightweight. Barbed electric wires will become more common as they are used more frequently to enclose international borders.
Electric fences, the primary preventive measure against wildlife invading fields and destroying crops and animals, propel the market's expansion. Farmers have experienced significant financial losses as a result of wildlife devastation. Farmers are concentrating more on erecting various electric fences to prevent the destruction of animals and crops from reducing wildlife attacks that occur in fields. The use of fences to close off international borders through armed conflict is another element promoting the expansion of this industry.
Players in the business will keep investing in the landscape due to the demand for such fence systems for agriculture and security. Electric fencing not only saves the property of an individual from wild animals but also saves wild animals. Recent elephant death at the railway track in Odisha has pressured the state government to install a solar fence at the railway tracks to prevent fatalities. This increases the demand for solar fencing and creates a broad market for wildlife welfare.
The solar fence has several characteristics, including cheap maintenance, and is highly reliable because it continues to operate even when the grid supply is unavailable. Neither people nor animals were physically harmed. Cost-effective utilizes energy from the renewable sun. It has a centralized alarm system by default. These all contribute to expanding the solar fence market share in upcoming years. Solar fencing can be utilized in various settings, including Domestic applications, such as residential dwellings. Industrial uses, such as those found in factories, agriculture applications, farms, and forests, Zoos & Parks, police stations and military installations, hospitals, and schools.
Report Segmentation
The market is primarily segmented based on type, application, and region.
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By Type |
By Application |
By Region |
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The permanent Fence segment is expected to witness the fastest growth
The permanent fence segment, which currently has the largest market share, is predicted to experience significant growth due to the expanding use of electric fences by defense forces to protect international borders and its growing use for agricultural security and national security. The category for movable fences is predicted to experience a higher growth rate during the forecast period due to its benefits. The advantages of the portable fence over permanent fencing are low cost, simple installation, long life, ease of mobility, great flexibility, minor maintenance, and less stock harm. Due to these benefits, electric fencing is now more famous in agriculture, pet care, and commercial security applications.
Agriculture segment accounted for the second-largest market share in 2022
The usage of electric fences by land-owners to safeguard their crops from wild animals is expected to increase throughout the projected period, contributing to the growth of the agriculture segment. The agriculture segment is anticipated to be the most significant share due to the rising necessity to safeguard their crops and possessions from a variety of wild and domestic animals is increasing. The military's growing requirement for electric fences to prevent terrorist activity in remote areas is anticipated to propel the security market at the most significant rate during the forecast period.
The demand in North America is projected to witness significant growth
In 2022, North America accounted for the largest revenue share over the study period. This is primarily due to rising cases of animal intrusion in farmlands & homes, significant investments by the key players, and innovations in the sector. The development of the electric fencing business in was made feasible by increased defense spending from growing nations like India and China on barbed wire, concertina coils, and fencing chain links. Recent border conflicts between China and India made India allocate six times more funds to improve border infrastructure which will fuel the growth of the global market.
Governments have demonstrated strong support for cutting-edge security technologies to improve military systems. For instance, due to the intensifying border disputes, Asia Pacific has emerged as one of the key markets for electric fence systems. Adopting intelligent sensors, intelligent electric fences, and cutting-edge monitoring systems will be positive for the sector's future.
Europe is anticipated to develop significantly during the duration of the forecast. The growth in Europe is attributed to the increased usage of electric fences for homeland security. A 60-kilometer stretch of the India-Bangladesh border is secured by the Indian armed forces using underwater and subterranean sonar sensors, which also look for any unlawful cross-border activity.
Competitive Insight
Some of the major players operating in the global market include Dare Products, Gallagher, High Tech Pet, Kencove, Mpumalanga, Parker McCrory, PetSafe, Premier1Supplies, Tru-Test Group and Woodstream.
Recent Developments
In March 2022, PetSafe, a global leader in pet product solutions, added the Classic In-Ground Fence system to its lineup of pet confinement systems. This is the initial model of a new range of in-ground PetSafe fences. This system offers containment and avoidance solutions and increased adaptability, with a customized border of up to five acres and compatible with Pawz Away Pet Barriers.
Electric Fencing Market Report Scope
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Report Attributes |
Details |
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Market size value in 2023 |
USD 341.65 million |
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Revenue forecast in 2032 |
USD 594.08 million |
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CAGR |
6.3% from 2023 - 2032 |
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Base year |
2022 |
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Historical data |
2019 – 2021 |
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Forecast period |
2023 - 2032 |
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Quantitative units |
Revenue in USD million and CAGR from 2023 to 2032 |
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Segments covered |
By Type, By Application, By Region |
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Regional scope |
North America, Europe, Asia Pacific, Latin America; Middle East & Africa |
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Key companies |
Dare Products, Gallagher, High Tech Pet, Kencove, Mpumalanga, Parker McCrory Mfg, PetSafe, Premier1Supplies, Tru-Test Group and Woodstream. |
FAQ's
The electric fencing market report covering key segments are type, application, and region.
Electric Fencing Market Size Worth $594.08 Million By 2032 | CAGR: 6.3%.
The global electric fencing market expected to grow at a CAGR of 6.3% during the forecast period.
North America is leading the global market.
key driving factor in electric fencing market are increase adoption of electric fencing by farm.
