• US: +1 9176726599
  • Login

Electric Fencing Market Status (2016-2020) and Forecast Market Analysis, Regional Outlook, Segment Growth Potential, and Competitive Market Share Analysis, 2021-2027

Format: PDF | Pages: 264 | Report ID: MRS1161


Report Description

The global Electric Fencing market size is estimated at USD 400.1 million in 2020, expanding at a CAGR of 5.5% from 2021 to 2027 to reach 520.7 million USD in 2027.

Market Dynamics

Electric fence systems are usually used to control a huge variety of different animals. A typical electric fence is basically a barrier that keeps different farm animals indoors as well as wild animals outdoors, even over very long distances. The animal is trained not to touch or approach electric fences. Electric fences are also a type of barrier that prevents animals and people from entering a restricted area. These fences will emit a slight electric shock that will make the subject uncomfortable and prevent them from entering a prohibited area. Today, electric fences are used primarily for defense and agricultural purposes. They are also used for surveillance in high-security areas such as prisons and military installations. It is basically a combination of various conductors which are made from different barbed wires and a lot of technologically advanced insulators which are connected to these electrical fence devices.

The Electric Fencing Market size was significantly robust in 2020 and is expected to register a steady revenue CAGR over the forecast period. Key factors providing impetus to market revenue growth are growing demand for electric fence systems for storage security, arable land security, and storage centers.

Regional Insights

Among all regions, North America will dominate in terms of revenue share due to the increased use of fences in the United States to increase focus on national security and restrict the unauthorized entry of migrants into the country. Additionally, home security on fences is increasing in North America. The Asia Pacific region is expected to grow at the fastest CAGR over the forecast period due to increased defense spending from emerging economies such as India and China on barbed wire, concertina coils, and fencing chain links. In addition, the armed forces use underwater and underground sonar sensors to detect illegal cross-border activities. In addition, the border security fences are leading to curbing the smuggling of drugs and goods in the APAC region in relation to the CAGR.

Segment Insights

The Electric Fencing market is fragmented into type, application, and end-user segments. Based on the type, The permanent fence segment has the largest market share and is expected to experience significant growth due to the increasing adoption of the electric fence by defense forces to protect international borders and its increasing use for agricultural security and national security. Based on application, the agriculture segment is anticipated to have a higher growth rate in the coming years.

Competitive Insights

Key players in the global Electric Fencing market are focusing on growth strategies such as product launch, collaboration, and fundraising, which are expected to drive market growth over the forecast period. In December 2019, Parker McCrory launched its technologically advanced DFSPLI MODEL, which is an electric fence charger designed to charge a 6V solar model. This can be used for both medium-sized types of grass and livestock fences in conjunction with weed-free fences that are transparent.

The report begins with an overview of the Industry Chain structure, and describes the industry environment, then analyses the market size and forecast of Electric Fencing by type, application, sales channel, and region. In addition, this report introduces the market competition situation among the vendors, and company profile, besides, market price analysis and value chain features are covered in this report.

Company Coverage (Company Profile, Sales Revenue, Price, Gross Margin, Main Products etc.):

  • Gallagher
  • Tru-Test Group
  • High Tech Pet
  • Premier 1 Supplies
  • Dare Products
  • Mpumalanga
  • Shenzhen Lanstar
  • PetSafe
  • Parker McCrory
  • Woodstream
  • Electric Guard Dog
  • Kencove
  • Amarok
  • Shenzhen Tongher Technology

Type Coverage (Market Size & Forecast, Main Consumer Analysis etc.):

  • Permanent Fence
  • Portable Fence

Application Coverage (Market Size & Forecast, Main Consumer Analysis etc.):

  • Agriculture
  • Wild Animals
  • Pets
  • Security
  • Others

Sales Distribution Coverage (Market Size & Forecast, Main Consumer Analysis etc.):

  • Direct Channel
  • Distribution Channel

Region Coverage (Regional Consumption, Demand & Forecast by Countries etc.):

  • North America (U.S., and Canada)
  • Europe (Germany, U.K., France, Italy, Spain etc.)
  • Asia-Pacific (China, India, Japan, Indonesia, Malaysia, Australia, South Korea, etc.)
  • South America (Brazil, Mexico, Argentina etc.)
  • Middle East & Africa (Saudi Arabia, Kuwait, UAE, South Africa etc.)

Frequently Asked Questions

The global Electric Fencing market size is estimated at USD 400.1 million in 2020, expanding at a CAGR 5.5% from 2021-2027 to reach 520.7 million USD in 2027.
North America captured the highest revenue in 2021 and is projected to continue its dominance during the study period.
The global Electric Fencing market size is expanding at a CAGR 5.5% from 2021-2027 to reach 520.7 million USD in 2027.
Asia Pacific (especially China, and India) region is projected to grow at the fastest growth rate during the study period.
Key players in the global Electric Fencing market are focusing on growth strategies such as product launch, collaboration, and fundraise, which are expected to drive market growth over the forecast period. In December 2019, Parker McCrory launched its technologically advanced DFSPLI MODEL, which is an electric fence charger designed to charge a 6V solar model. This can be used for both medium-sized grasses and livestock fences in conjunction with weed-free fences that are transparent.

Why Choose Market Research Strategy?

  Authenticated Data Sources

We utilize market analysis/information from verified authenticated data sources to scoop accurate research reports

  Express Delivery

We understand the urgency of our clients and their clients' in the competitive space thus, deliver the report in minimum turnaround

  Gain Instant Access

Without further ado, choose us and get instant access to reliable analysis to help you make the right business decisions.

  Our Pledge to You

We abide by the information security policy and adheres to keep your private and business information confidential and secure.

Copyright © 2022 Market Research Strategy, All rights reserved.