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The electronic insect killer market size is projected to increase by USD 49.73 million, at a CAGR of 7.08% between 2023 and 2028. The growth rate of the market depends on several factors, including the increasing cases of vector-borne diseases, the rise in a number of awareness campaigns, and the global warming triggering insect population boom. An electronic insect killer or a bug zapper attracts and kills flying insects. An electronic insect killer works on the principle of attracting insects using a light source and electrocuting them with high-voltage current passing through the device. These devices are also known as electrical discharge insect control systems.
The report includes a comprehensive outlook on the Electronic Insect Killer Market, offering forecasts for the industry segmented by Distribution Channel, which comprises offline and online. Additionally, it categorizes Product into indoor insect killers, rackets, and lanterns, and covers Regions, including North America, Europe, APAC, South America, and Middle East and Africa. The report provides market size, historical data spanning from 2018 to 2022, and future projections, all presented in terms of value in USD million for each of the mentioned segments.
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Global warming triggering insect population boom is the key factor driving market growth. The rise in temperature and the increase in global warming have been triggering weather changes. The insects have a high metabolism rate and tend to reproduce very fast in warmer areas. Consequently, the increase in global warming enhances the population growth of insects. The rise in temperatures expands the habitable areas for mosquitoes. Climate changes decrease the mortality rates, with warmer temperatures prevailing worldwide, leading to range expansion.
Moreover, the increasing temperature affects the insect species and aids in their growing population. Therefore, with the increase in global warming and the rise in the insect population, many end-users are expected to buy electronic insect killers, as electronic insect and mosquito-killing traps are extremely effective in killing bugs and night insects by electro-conducting them through a charged grill. Thus, such factors have a positive impact on the revenue and growth of the global electronic insect killer market during the forecast period.
Rising investments in R&D by the companies is one of the primary market trends shaping growth. Aligning with market trends and analysis, the number of patents for electronic insect killers is growing globally. Patent applications and approvals indicate product innovation in the market, which is a major factor contributing to market growth. Many leading players in the market understand the value of product innovation and are increasing their research and development (R&D) activities as a strategy to increase their market share globally.
In addition, market players are increasingly focusing on the development of sustainable products. The continuous shift in consumers' preference for green electronic insect killers is one of the major factors prompting market players to introduce eco-friendly electronic insect killers. This, in turn, will positively impact the market in focus during the forecast period.
The inefficacy of electronic insect killers in killing mosquitoes is a challenge that affects market growth. Electronic insect killers emit ultraviolet lights that tend to attract insects. However, mosquitoes, a form of insects, do not tend to get attracted by these ultraviolet lights. Mosquitoes follow the trail of carbon dioxide and sting people. However, the chances of mosquitoes being attracted to ultraviolet lights are low. Hence, electronic insect killers are not the best choice for controlling mosquitoes.
Consequently, these insect killers are ineffective against mosquitoes and fail to provide a significant impact on the population of the mosquitoes in the areas used. Therefore, the major hindrance to the growth of insect killers in the market is the fact that they do not eliminate the mosquitoes that cause diseases. This, in turn, will negatively impact market growth during the forecast period.
The market share growth by the offline segment will be significant during the forecast period. In the offline segment, specialty stores sell an extensive range of electronic insect killers of distinct brands and can be of two kinds multi-branded stores and brand-specific stores. Customers prefer purchasing electronic insect killers from specialty stores due to the product's insight and personal assistance that the salesforce provides, which helps them understand innovative features integrated into electronic insect killers.
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The offline segment showed a gradual increase in the market share of USD 66.69 million in 2018. Furthermore, in other segments, the retail formats include department stores, hypermarkets, and warehouse clubs. Department stores offer a wide range of electronic insect killers of varied brands. The following are a few factors that customers consider when selecting department stores to purchase electronic insect killers. Besides, other offline stores that offer electronic insect killers include hypermarkets and warehouse clubs. Therefore, the offline distribution channel will contribute to the growth of the global electronic insect killer market during the forecast period.
The indoor electronic insect killers attract insects via ultraviolet light at a faster rate as compared with the rest of the products. The growing commercial sector worldwide, the increasing demand for supermarkets and hypermarkets, and the rising demand for frozen food packets drive the market. However, the low demand from the residential sector hinders the growth of the market. The fact that these indoor electronic insect killers attract insects and trap them, they tend to die and fall apart here and there, making it unhygienic. The buzzing sound and the lights make it unsuitable for bedrooms and kitchens. Hence, the market is anticipated to be driven by the demand from the commercial segment during the forecast period.
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North America is estimated to contribute 46% to the growth of the global market during the forecast period.
Technavio's analysts have provided extensive insight into the market forecast, detailing the regional trends and drivers influencing the market's trajectory throughout the forecast period. Insects generally thrive in warmer temperatures, and the prevalence of insects is the highest in the region during the summer. Mosquitoes can transmit harmful parasitic and viral diseases, and thus, in areas of heavy infestation, people have started looking out for solutions for relief from the various insects and bugs.
Moreover, the market for electronic insect killers has a high potential for growth in the region. This, in turn, increases the demand for electronic insect killers in the region. However, the increased interest in gardening in the region may hinder the growth of the market in terms of growing herbs such as lemongrass that can be used to repel insects. In addition, increasing vector-borne diseases in the region will contribute to the growth of the regional market during the forecast period.
The market forecasting report includes the adoption lifecycle of the market research and growth, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their electronic insect killer market growth and trends strategies.
Global Electronic Insect Killer Market Customer Landscape
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
The Electronic Insect Killer Market growth and forecasting report also includes detailed analyses of the competitive landscape of the market and information about 09 market companies, including:
Electronic Insect Killer Market market analysis and report of qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
The electronic insect killer market research report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 20108-2028
Electronic Insect Killer Market Scope |
|
Report Coverage |
Details |
Page number |
148 |
Base year |
2023 |
Historic period |
2018-2022 |
Forecast period |
2024-2028 |
Growth momentum & CAGR |
Accelerate at a CAGR of 7.08% |
Market Growth 2024-2028 |
USD 49.73 million |
Market structure |
Concentrated |
YoY growth 2023-2024(%) |
6.47 |
Regional analysis |
North America, Europe, APAC, South America, and Middle East and Africa |
Performing market contribution |
North America at 46% |
Key countries |
US, China, India, Germany, and UK |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Key companies profiled |
Armatron Co., Aspectek, FUTURA DIRECT LTD, GreenYellow Electric Technology Co. Ltd., Koolatron, Livin Well, Pelsis Ltd., Rentokil Initial plc, and SereneLife Home LLC |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Distribution Channel
7 Market Segmentation by Product
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
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