According to the new research report, titled "Smart Animal Trap Market Forecast to 2028 - COVID-19 Impact and Global Analysis," published by The Insight Partners, the smart animal trap market is expected to reach US$ 507.56 million by 2028, registering a CAGR of 7.2% from 2022 to 2028.
Local hunters set up wildlife traps in mountainous areas to capture dangerous animals that may cause significant harm. However, this traditional practice is redundant, and manufacturers are now turning to advanced technologies such as the Internet of Things (IoT) to develop wildlife damage countermeasure trap remote monitoring systems. Numerous IT firms and start-ups have developed these systems to overcome the limitations of traditional methods.
The growth of the smart animal trap market is primarily fuelled by the increase in human-wildlife conflicts (HWCs) and the rapid growth in certain wildlife populations. However, the market is impeded by the high costs of deployment and regulatory limitations. In the US, for instance, the Department of Inland Fisheries and Wildlife mandates that all traps set in organized towns, except for killer-type traps, drowning sets, and under-ice drowning sets, must be checked daily. Killer-type traps or drowning sets in organized towns, apart from under-ice sets, need maintenance at least once every three calendar days. If a drowning set is within a half-mile of a built-up area, it must be inspected every 24 hours. Traps placed in unorganized communities require daily maintenance, with the exception of killer-type traps, drowning sets, and under-ice drowning sets.
The smart animal trap market has been categorized into hardware, software, and services. The hardware component comprises of various sensors and trackers used in the trap. For instance, Skyhawk has developed a reasonably priced multi-trap monitoring solution called Hub and Vibration/Magnet Sensor, which facilitates better monitoring of traps and bait stations for rodent control specialists. The sensors are placed on each trap and bait station, and the hub is set up for monitoring. Whenever a trap is set or a bait station is entered, the Skyhawk Software app sends a notification to the technicians. This eliminates the need to check live cage traps manually, saving time and fuel expenses, particularly when the cages are empty. Moreover, smart animal traps are designed to ensure the humane handling of animals. The hardware segment of the smart animal trap market is further subdivided into sensors, cameras, and other components.
Key Findings of Smart Animal Trap Market Study
The study of the global smart animal trap market is divided into five key regions, namely North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South America (SAM). In 2021, North America led the smart animal trap market. Canada, in particular, is one of the countries that allocates a significant budget to wildlife conservation. It boasts over 40 national parks and wildlife reserves that provide shelter to several animal species such as bison, caribou, grizzlies, wolves, and polar bears. Moreover, the region has established numerous associations to address wildlife-related concerns, many of which rely on smart trap equipment for their research. For instance, the North American Invasive Species Management Association (NAISMA) supports, promotes, and strengthens the management and control of invasive species in the region. Members of NAISMA conduct invasive species control programs at all levels. Thus, the thriving wildlife industry in the region and the growing public awareness regarding wildlife conservation are expected to offer significant opportunities for players in the smart animal trap market.
The North American region has a considerable number of exotic pet owners, creating a substantial market demand for smart animal devices, such as collars and tags. According to the Arcus Foundation, there are approximately 100 pet chimpanzees in the US alone. As a result, smart animal traps have become an essential tool for managing these animals. TrapSmart, a company that utilizes GPS communication technology, offers a convenient and compassionate approach to monitoring wildlife traps remotely. Caretakers receive alerts via text or email when traps are triggered, making it easier to manage the animals effectively. The introduction of such innovative products by market players is expected to drive the growth of the smart animal trap market in the future.
Several strategic initiatives taken by market players and governments are significantly boosting demand for these traps. For example, in January 2022, researchers from the United States Department of Agriculture (USDA) used smart technology to capture wild swine herds. The technology uses cameras to capture images of the herd's composition, allowing the trapper to wait until all the pigs are in the trap before closing the gate.
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