The global market for electric fencing is being driven by its applications in multiple environments like farms, security areas, offices, etc. Robust government investments in strengthening the international borders are one of the many factors propelling the market growth of electric fencing globally. Electric fences are equipped with multiple levels of security technologies that provide an early warning signal to the intruder by not causing any harm. In addition to this, electric fences in consumer settings are gradually gaining public attention, which is another driving factor augmenting the growth of the market. Public and private spaces like societies, offices, parks, and malls, among others, deploy electric fences to impede access to unauthorised beings, including animals or criminals. The cost-friendly, reliable, and effective designs engineered by leading industry players, such as Arthur J. Gallagher and Co. (NYSE: AJG) are pushing the overall growth of the market.
Amarok, a global leader in the market for electric fencing, recently announced the launch of FORTIFEYE, an electric fencing solution in August 2020. The first-to-market electric fencing solution for businesses, FORTIFEYE, is engineered to deter theft, detect activity, and detain intruders. The electric fencing system is integrated with electric security fencing, video surveillance, and video monitoring to ensure maximum security. Starting with the first level of security, the 7,000-volt solar electric fence serves as a preventive measure to stop intruders. The second level of security is provided by the high-resolution video cameras installed at strategic points that trigger loud alarms while capturing images. The third line of defence is video surveillance with security professionals monitoring the property. Such developments by leading market players are providing impetus to the overall growth of the market.
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The major players in the global electric fencing market are Dare Products Inc, Arthur J. Gallagher and Co., High Tech Pet Products, Inc., Kencove Farm Fence Supplies, and Radio Systems Corporation (Petsafe), among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
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