Smart Animal Trap Market

Smart Animal Trap Market Outlook (2022-2032)

As of the current year 2022, the smart animal trap market share is estimated at US$ 337 million. The market for smart animal trap is likely to reach US$ 694.57 million by 2032 and is anticipated to register at a CAGR of 7.5% from 2022 to 2032.

The market for "smart animal traps" is predicted to grow rapidly because there are more and more instances of animals destroying crops and costing farmers money. There has been an increase in the number of animal-related flu in recent times. As a result, scientists from all over the world would like to examine the sample related to the appropriate birds and animals. The samples are easily accessible since the innovative animal traps used to capture the animals make the process easier overall.

Talking from the farmer’s perspective, this would enable the farmers to track the behavior of the animals, like their eating habits, biosecurity, and so on. This as well might increase the demand for the smart animal traps. Furthermore, an increase in the number of zoonotic disorders would further propel the farmers to adopt smart wild animal trap system.

Apart from that, there is also a risk of certain species of animals getting extinct, a result of which nations across the world have been taking measures to preserve them. For example, in the USA, the Recovering America’s Wildlife Act would provide the state and the territorial wildlife agencies with US$ 1.3 Bn for implementing the action plans. The adoption of smart animal trap to preserve endangered species would certainly assist the organizations to implement their plans.

Additionally, the market for smart animal traps has a tremendous opportunity due to the expanding animal model market. Based on the market research, the animal model market is expected to reach a valuation of US$ 3,120 Mn by 2032. An increase in the demand for effective methods to treat chronic diseases is expected to surge the market growth of animal model, which would have a positive influence on the market of smart animal trap.

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What is Driving the Growth of the Smart Animal Trap Market?

The smart animal traps incorporate the latest technologies in order to operate at high precision. Apart from that, the hunters can capture the animals in no time, as these provide the exact location.

Some of the market drivers are:

Immediate notification

The demand for smart animal trap is expected to surge owing to its ability to provide notification in case of an important happening. The system notifies the user via message or E-mail when the trap is triggered. This allows the user to check the trap when it is necessary, owing to this, the zoologists are especially investing on the smart animal traps.

Furthermore, these systems make use of the animal trap sensors, which sends signals to the users as soon as the animal has been captured.

Development of user-friendly apps

The apps that have developed by the some of the key players provide a complete area coverage, coupled with free support. These apps also assist in automatic storage of the captured data, apart from unlimited notifications.

Apart from that, if the users are willing to upgrade their services, they have the option to do so by paying extra amount, which does not cost high. This might increase the sales of smart animal trap during the forecast period.

All these options provided by the smart animal trap become crucial especially for wildlife photographers, who capture a variety of pictures, and need the space for storing them.

Resistant to harsh climatic conditions

The ability of the smart animal traps to operate well in all types of climatic conditions-be it intense heat, rain, cold, or wind-has captured the attention of conservation biologists. The manufacturers are providing a warranty period of more than 2 years to win the consumer’s confidence.

Apart from that, smart animal traps are easy to install and do not require any technical assistance.

Additionally, users worry that someone might steal these systems. Thanks to the GPS and the reliable antenna that these systems have, the user can get the most recent track of the system's present position as well. Moreover, these also assist in remote trap monitoring.

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Strict Rules for the Preservation of Endangered Species Represents Massive Opportunities for the Smart Animal Trap Market

Countries across the world have been framing policies and regulations to preserve endangered species. The Bird’s Directive, which was adopted in 1979 in the EU emphasizes the protection of endangered birds. Based on the directive, activities like the deliberate killing of birds, taking of eggs, and trading in live or dead birds is a punishable offences.

Furthermore, the USA Endangered Species Act lays special emphasis on the protection of crucial habitat areas, and the implementation of recovery plans for the endangered species.

Implementation of such bills would ensure that the smart animal traps are put into usage with the purpose to avoid some species from getting extinct.

Apart from that, growth in the IoT market also represents huge prospects for the market. The main purpose of the IoT is to centralize the operations, and see to it that all the components are interconnected, and work in coherence.

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Category-wise Insights

An increase in the cases pertaining to Human and Wildlife Conflicts has led to the development of a positive curve in the smart animal trap adoption trends. This has ultimately led to cases like encroachment, habitat loss, livestock and crop destruction.

Thus, smart animal traps have proved to be an effective tool for conflict management, and the effect has been profound in countries where agriculture plays a significant role in generating income.

Thus, be it for commercial or residential purposes, smart animal traps have found a number of buyers in order to protect the products of the buyers.

On the Basis of Hardware, the Camera Segment has the Highest Market Share

The camera performs the most important function of recording the video and storing the information. Hence, the segment is bound to have the highest market share. Furthermore, being exposed to the harshest of surroundings, these are susceptible to getting damaged quite easily, because of which they have to be replaced.

Furthermore, the key players operating in the market of smart animal traps have also gradually started making use of the smart camera. The smart camera is known for its ability to offer features like motion detection, integrating seamlessly with other components, etc.

On the Basis of Application, the Commercial Segment has the Higher Market Share

The commercial players involved in the market make use of the smart animal trap system on a continuous basis. Apart from that, they are also involved in the bulk purchase of these systems as these are involved in frequent usage.

Furthermore, the commercial segment is also known to make use of these systems under all types of conditions, because of which there might be cases related to the wire getting ripped off. Consequently, in many conditions, they may have to go in for the new system. All these are expected to surge the demand for smart animal traps during the forecast period.

On the Basis of Component, the Hardware Segment has the Highest Market Share

The hardware segment is prone to external pressure. Hence, these have to be replaced on a regular basis.

Apart from that, the hardware systems need to upgrade based on the upgradation of the software. Upgradation for the hardware would also mean in certain cases that the hardware may be replaced by a better version.

Moreover, business expansion of the niches that are dependent on the market would mean buying more hardware systems.

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Comparative View of Smart Animal Trap Market

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Country-wise Insights

Europe

The marke for smart animal traps is mainly driven by the fur market in Europe. Europeans mainly make use of this system to obtain fur, especially from mink, foxes, and chinchillas.

In Poland alone, there are nearly 1000 fur farms, where nearly five million animals are captured to obtain a fur. Europe has a market share of nearly 60% in the global fur market.

Moreover, the turnover of the fur products manufacturing industry in Germany was nearly 35.6 Mn Euros in 2019, and the market has been steadily surging.

USA

The smart animal trap market in the USA is mainly driven by a huge pest control market. The USA pest control market is valued at US$ 12 Bn as on 2022, and the market is expected to grow at a CAGR of nearly 7%.

An increasing number of chikungunya and dengue cases in the region is expected to further surge the market growth. Furthermore, a burgeoning housing market is expected to further drive the growth of the market during the forecast period.

South Korea

A huge wildlife hunting market in South Korea is expected to drive the growth of the market of smart animal traps during the forecast period.

A high obsession for trophy hunting in the country is expected to drive the market during the forecast period. Furthermore, the increased consumption of animals like rabbit, is expected to further surge the market growth during the forecast period.

Japan

Despite being one of the most technologically advanced nations in the world, Japan has been experiencing increasing infiltration of animals in agricultural lands. Apart from that, there are some animals, like rabbits, moles, deers, etc. who are known to multiply at a very fast rate. This might well increase the sales of smart animal traps during the forecast period.

Furthermore, an increased demand for wildlife management because of the increase in the number of endangered species in Japan is also expected to increase the demand for smart animal traps.

Recent Developments in the Smart Animal Trap Market

The key players operating in the market are mainly investing huge amounts in Research and Development in order to develop better systems. Apart from that, the manufacturers operating in the market are also getting involved in strategic partnerships with players from other niches. Moreover, the manufacturers are also getting involved in sustainability development actions with a view to focus on the future as well.

In October 2022, Allstate collaborated with Forktree Project with a view to supporting the local initiatives, and to be as sustainable as possible for the long run.

Report Scope

Smart Animal Trap Market Segmentation

By Hardware:

• Camera
• Sensors
• Others

By Application:

• Residential
• Commercial

By Component:

• Hardware
• Software
• Services

By Region:

• North America
• South America
• Asia Pacific
• MEA
• Europe