The Global Electric Fencing Market Size Was Valued At USD 305.5 Million In 2021. The Market Is Projected To Grow From USD 321.1 Million In 2022 To USD 484.2 Million By 2029, Exhibiting A CAGR Of 6.04% During The Forecast Period.

Electric Fencing Market Overview:

The global COVID-19 pandemic has been unprecedented and shocking. Demand for electric fencing is lower than expected in all areas compared to levels before the pandemic. Based on our research, the world market was 14.99% smaller in 2020 than it was in 2019.

Electric fencing is easy to set up, doesn't weigh much, and can hold more. It has a lot of bare wire conductors and high-tech insulators that are connected to the fence energizer. It is also hooked up to a power source and ground rods. Electric fencing is likely to grow as military forces use it to close international borders. Also, more and more farm owners are using electric fences to keep wild animals off their land by putting up a barrier that keeps the farm safe from invasion. This is likely to increase demand in the near future. The electric fence market is expected to grow because more people want to use electric fences to protect their warehouses, storage centres, and farms.

Electric fencing in remote areas is powered by a system of solar panels. When there is no electricity in a rural area, solar panels are used as an alternative to electricity. Most of the time, solar panels are used to charge batteries and power metal fences. In hilly areas where there isn't enough electricity for fencing, solar panels can be used. In the solar power enclosure, a WiFi-enabled IP energizer is used to monitor solar-powered fencing with new operating systems like Android and IOS.

Market Dynamics:

Latest Trends:

The newest development in technology is an Internet of Things (IoT) solution that uses cloud routers. The devices on the fence are linked to the cloud router by a nimbus gateway. The main features of cloud router technology are real-time alerts, an easy-to-use interface, and an advanced log system. The cloud router is a technologically advanced gateway that connects cloud router administrators with electric fence users and their devices in their own fields. Cloud router technology is used a lot for warehouse security management. As more companies in the U.S. use IoT-based cloud router technology to protect their warehouses, the market is likely to grow.

Driving Factors:

Several military forces around the world use electric fences to keep people from crossing international borders. For example, the Indo-Asian News Service (IANS) says that in September 2020, Indian soldiers will set up barbed electric wires in Ladakh to end the border dispute with China. Also, the Russian military has put up electric fences along the border with China. In Rajasthan, India, normal wires are used to close the 840 km long border between India and Pakistan. In the coming years, electric cobra wires will replace all other wire setups. Anyone who tries to cut the electric wires with barbs will get an electric shock, which will alert security. Because of this, the market is growing because more and more military troops around the world need barbed electric wires.

A farm is safer with an electric fence because it keeps wild animals from getting in without permission. A well-kept electric fencing system keeps wild animals from getting into farms by giving them small electric shocks. Because of this, it makes a very strong physical barrier for farm security. As more farm owners use electric fences to keep wild animals off their land, the industry is likely to grow even more. An electric fence is the core of this system for keeping an eye on things. The monitoring system tells the farmers right away if a wild animal tries to get through the fence.

Restraining Factors:

The growth of the market is limited by the high cost of upgrading and maintaining traditional fencing. Maintenance costs are high because fences have to be put up across international borders and checked on a regular basis to make sure they are being used as efficiently as possible. End users are looking into other options, such as unmanned systems, because maintenance costs are so high. This may slow the growth of the market.

Segmentation Analysis:

By Type:

In the base year, most of the electric fencing market was made up of permanent fences. This is because there are more fights between neighboring countries, making it more important to protect international borders. The growing number of illegal border crossings around the world is a big reason why permanent electric fences are being used for security purposes.

During 2022–2029, the segment of the market for portable fences is expected to grow at the fastest rate. Portable fencing has a lot of advantages over permanent fencing, such as being cheaper, easier to set up, lasting longer, being easy to move, being flexible, requiring less maintenance, and causing less harm to livestock. Because of these benefits, there is more demand for electric fencing in farming, pet care, and business security.

By Application:

Depending on how it is used, the market is divided into agriculture, wild animals, pets, security, and other groups. During the time frame of the forecast, the agriculture segment is expected to be the largest. This rise is likely because landowners are using electric fencing to keep wild and domestic animals away from their crops and other valuables. During the forecast period, the security segment is expected to have the highest CAGR. This is because the armed forces will need more electric fences to stop terrorists from acting in isolated places.

Regional Insights:

North America's market was worth USD 145.4 million in 2021. The region is in charge because the U.S. is paying more attention to national security and building more electric fences along the border with Mexico to keep Mexican migrants out.

During the time frame of the forecast, the Europe electric fencing market is expected to grow by a large amount. Europe's growth is due to the fact that electric fences are being used more for home security.

During the time frame of the projection, the Asia-Pacific market is expected to grow the fastest. This growth is due to the fact that China and India are spending more on defence, which means they need more concertina coils, razor wire, barbed wire, and chain-link fences. The Indian military uses underwater and subsurface sonar sensors to keep a 60-kilometer stretch of the border between India and Bangladesh safe and find any illegal activity that happens across the border.

During the planned time, South American and Middle Eastern and African markets are expected to grow a lot. This growth can be explained by the fact that more electric fencing is being used to protect borders and stop people from sneaking in goods and drugs.

Scope Analysis

Recent Development:

• March 2022 - PetSafe, a global pioneer in pet product solutions, is expanding its line of pet restraint systems to include the Classic in-Ground Fence system. This is the first of a new line of PetSafe ground fencing. With personalized perimeters of up to 5 acres and compatibility with Pawz Away Pet Barriers, this system provides a containment and avoidance solution and added adaptability.
• December 2021 - The Indian Air Force (IAF) has awarded Bharat Electronics Limited a contract to install the system at airbases across the country. The Government of India has approved the Integrated Perimeter Security System (IPSS), an integrated smart power fence system for 23 air bases.
• October 2020 - Vestar Capital Partners, a leading US mid-market private equity firm, announced that it has entered into a definitive agreement to sell Woodstream, a leading manufacturer and marketer of branded pet and animal control products, to the Bansk Group.
• May 2021 - Datamars SA announces a partnership with Cabi Group to expand the distribution network of world-renowned speedlight electric fencing products in France.
• June 2020 - $410,000 has been allocated to promote solar electric fencing systems for farmland in Tamil Nadu under the National Agriculture Development Scheme for fiscal year 2020-21.

Market Segmentation

By Type:

• Permanent Fence
• Portable Fence
• Others

By Application:

• Agriculture
• Wild Animals
• Pets
• Security
• Others

By Companies:

• Dare Products (U.S.)
• Gallagher (U.S.)
• High Tech Pet (U.S.)
• Kencove (U.S.)
• Mpumalanga (South Africa)
• Parker McCrory Mfg Co ( U.S.)
• PetSafe (U.S.)
• Premier1Supplies (U.S.)
• Tru-Test Group (New Zealand)
• Woodstream (U.S.)
• Others