Electric Fencing Market to Depict 6.04% CAGR from 2022 to 2029; Bhutan’s National Plant Protection Centre (NPPC) Announced Contracts for Electric Fence Energizers and Accessories

The global electric fencing market size is anticipated to rise from USD 321.1 million in 2022 to USD 484.2 million by 2029. Stakeholders have upped their focus on advanced electric fencing for lightweight, easy installation, and higher capacity. Moreover, an increased use of barriers using electric shocks has become pronounced among farm owners to protect their land from trespassers, including wild animals. Bullish demand for electric fence systems for agricultural security, storage center security, and warehouse security will augur well for the industry outlook.

According to the latest research report by Fortune Business Insights™ titled, “Electric Fencing Market Size, Share & COVID-19 Impact Analysis, By Type (Permanent Fence and Portable Fence), By Application (Agriculture, Wild Animals, Pets, Security, and Others), and Regional Forecasts, 2022-2029,” the market stood at USD 305.5 million in 2021. It is expected to witness a 6.04% CAGR during the forecast period.

Bullish Demand for Electric Fencing amidst Russia-Ukraine War to Propel Growth

The onset of the Russia-Ukraine war has sent shockwaves globally, with several countries striving to bolster security and defense mechanisms. In the light of it, governments have spurred investments in advanced security solutions, including smart sensors, smart electric fences, and machine learning. Advanced border management solutions will continue to gain prominence in the ensuing period.

Plunge in Demand for Electric Fence Due to COVID-19 Pandemic Dented Growth

The emergence of the COVID-19 pandemic led to a notable dip in demand for electric fence systems across emerging and advanced economies. Industrial units witnessed a plunge in production as several businesses were temporarily shut down or projects postponed. Besides, the shortage of skilled workers and reduced demand from defense and commercial sectors did not bode well for the industry outlook. Meanwhile, the next few years could witness increased traction from the defense and agriculture sectors.

To get a detailed report summary and research scope of this market, click here:

https://www.fortunebusinessinsights.com/electric-fence-market-103521

PetSafe Introduced Classic in-Ground Fence System to Boost Flexibility

Leading companies have upped investments in organic and inorganic strategies to tap into markets. Stakeholders could seek advanced solutions and cost-effective border security systems across developing and developed economies. The emergence of video surveillance and monitoring systems will augur well for the business outlook. For instance, in March 2022, PetSafe announced the inclusion of the Classic in-Ground Fence system with increased customization. The system will reportedly provide increased flexibility and avoidance solutions. The prevailing trend suggests the electric fencing market share will witness an appreciable gain during the forecast period.

Strong Demand from Farm Owners to Bolster Growth

Industry players expect the agriculture sector to exhibit profound demand for electric fencing over the next few years. An increased need for an advanced fencing system to abstain wild animals from trespassing farms will expedite the manufacturing of such fencing systems. Besides, increased demand for such fencing from armed forces will expedite investments. BRICS countries, such as Russia, China, and India could show an increased inclination for electrified wires. Soaring demand for barbed wires will underpin the market growth during the forecast period. However, high maintenance costs could deter the industry growth.

Stakeholders Emphasize Strategic Approaches to Bolster Footprint

Major players are poised to inject funds into mergers & acquisitions, product launches, R&D activities, and technological advancements to propel their penetration. Furthermore, leading companies could infuse funds into innovations to expand their market presence across untapped areas.

Notable Industry Development

• September 2021 – Bhutan’s National Plant Protection Centre (NPPC) announced a contract for electric fence energizers and accessories for the fiscal year 2021-2022.

List of the Companies Profiled in the Report

• 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.)

Further Report Findings

• In terms of type, the permanent fence segment will remain dominant during the forecast period. The growth is mainly attributed to the increased need to safeguard international borders.


• The North America market size was valued at USD 145.4 million in 2021 and will witness a similar trend due to increased demand for electric fences.


• The Asia Pacific market forecast will be strong on the back of rising defense budgets across China and India.

Table of Segmentation