The Global Fencing Market size is expected to reach $37. 6 billion by 2027, rising at a market growth of 4. 8% CAGR during the forecast period. Fencing is the technique of enclosing any asset that needs security and protection from unauthorized access.
New York, March 01, 2022 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Fencing Market By Installation, By End Use, By Application, By Distribution Channel, By Material, By Regional Outlook, Industry Analysis Report and Forecast, 2021 - 2027" - https://www.reportlinker.com/p06240992/?utm_source=GNW Fences are used to give security to agricultural, commercial, and residential structures. In addition, fences are classified into two types: commercial wire fence and agricultural wire fence. Commercial wire fence is typically used for the security of parks, residential buildings, and other structures, whilst agricultural wire fencing is commonly utilized for the security of animals. Metal, composites, plastic, and wood are the most common materials used to construct fences. The major goal of building fences is to guarantee that no trespassers or undesired items access the guarded property, as well as to keep livestock from escaping the area given. As a result of the increased need to improve the look and value of a home, fencing products are projected to showcase an increase in demand. The market is expected to be driven by increased expenditure on institutional buildings, rising government investment on improving parks, government facilities, and public spaces. COVID – 19 Impact Analysis The outbreak of the COVID-19 pandemic has negatively impacted various domains of the business world. The imposition of numerous restrictions like complete or partial lockdown, ban on manufacturing units, social distancing rule and many more has made it more difficult for the companies to survive during these crises. Travel restrictions across the world have had an impact on the building materials sector. As a result, the supply and demand for construction materials has come to a standstill. Construction material production enterprises in China are most affected by the pandemic, due to the region’s lockdown and lack of supplies. Market Growth Factors: Expansion of the construction industry With the expansion in the population around the world, the demand for various facilities like schools, buildings, industries, government building and office has increased in the last few years. In addition, people and companies across different verticals are highly investing in making their home more beautiful and attractive along with ensuring the safety of their homes. The construction sector has traditionally been one of the most revenue-generating industries on a large scale. Recently, there has been an increase in the demand for independent residences and new building methods. The introduction of new technologies Every market is being impacted by technological innovation and advancement. Traditional agricultural fence systems need a lot of labour and supervision. When compared to conventional techniques and technologies, newer approaches have shown to be equally successful. For example, virtual fence is a recent development in the fencing sector. This kind of fencing is a technology in which a real and physical fence is not employed; instead, it operates on the basis of a GPS monitoring system and induces a stimulus into the animal’s body via a neck band when such animal attempts to leave the specified area. Market Restraining Factors: High maintenance costs The huge cost attached to the up gradation and maintenance involved with replacing traditional electric fence is impeding industry expansion. The high maintenance expense is due to the obligation to install barriers across international boundaries and conduct frequent inspection to ensure optimal utilization. End-users are exploring other alternatives, such as unmanned systems, due to the high maintenance costs, which would hinder the growth of the fencing market. In order to improve the security of a place or facility, people install better fencing system that incurs more expense than ordinary fencing. One significant factor affecting the market is the increased demand for environmentally friendly fencing. Installation Outlook Based on Installation, the market is segmented into Contractor and Do-It-Yourself. The contractor segment dominated the fencing market. It is because many contractors provide experience-based gate and other product placement, as well as design advice, which motivate consumers to opt for this kind of installation. End Use Outlook Based on End Use, the market is segmented into Military & Defence, Petroleum & Chemicals, Transport, Government, Energy & Power, Mining, and Others. The petroleum & chemical segment garnered a substantial revenue share in the fencing market in 2020 and is estimated to maintain this trend over the forecast period. Petroleum and chemical plants require the strict safeguards to avoid explosions and tragedies. The risk of hazardous poisons, explosive chemicals, and caustic gases is quite significant in the petroleum industry, leading to a rise in the building of fence around its limits. Many companies are opting for fence that is both physically deterrent and aesthetically appealing. Application Outlook Based on Application, the market is segmented into Residential, Agricultural and Industrial. The agricultural segment garnered a significant revenue share in fencing market in 2020. The increased need to protect farm animals, crops, and farm lands from wild animals and thieves is expected to fuel product demand in agricultural sector. Moreover, an increase in incursion activities such as raiding a farm’s chemical storage and stealing valuable pesticides promotes need for agricultural fence. Fences used in agricultural sector are developed and constructed in accordance with client specifications using high-quality raw materials. Distribution Channel Outlook Based on Distribution Channel, the market is segmented into Retail and Online. The retail distribution channel segment garnered the maximum revenue share. Customers get immediate access to the items given by major vendors through retail outlets. Moreover, the retail distribution channel enables businesses to lower their marketing spend. Material Outlook Based on Material, the market is segmented into Metal, Wood, Concrete and Others. The wood segment procured a significant revenue share. Due to its natural look, wood fence is a preferred for residential sector. Additionally, owing to the lower costs, wood may face significant competition from plastic and composite throughout the forecast period. Regional Outlook Based on Regions, the market is segmented into North America, Europe, Asia Pacific, and Latin America, Middle East & Africa. North America emerged as the leading region in the fencing market with the maximum revenue share in 2020 and is anticipated to continue this trend over the forecast period. Rising growth in construction activities and demand for elegant home products are projected to account for the regional market growth. The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Saint-Gobain Group (CertainTeed), Allied Tube & Conduit (Atkore, Inc.), Ameristar Perimeter Security (ASSA ABLOY), N.V. Bekaert S.A., Betafence Group, Gregory Industries, Inc., Long Fence, Inc., Ply Gem Industries, Inc., and Poly Vinyl Creations, Inc. Strategies deployed in Fencing Market Jul-2021: CertainTeed took over Vi-Lux Building Products, a Canadian custom manufacturer of cellular polyvinyl chloride (PVC) molding and trim. This acquisition aimed to expand the company’s offering of standard and specialty trim and millwork products, providing the company with better flexibility to fulfill the requirements of each customer. Oct-2018: Ply Gem completed the acquisition of Silver Line vinyl window and patio door division from Andersen Corporation. This acquisition aimed to better balance the mix of end markets that Ply Gem serves, and also strengthen its core capabilities, which would contribute significantly to revenues and earnings. Jul-2017: CertainTeed announced the acquisition of SimTekTM Fence of Orem, Utah, a leading manufacturer of high-density polyethylene fence products. This acquisition aimed to add major innovation to CertainTeed’s outdoor living products portfolio, specifically its Bufftech premium fence line. Scope of the Study Market Segments covered in the Report: By Installation • Contractor and • Do-It-Yourself By End Use • Military & Defense • Petroleum & Chemicals • Transport • Government • Energy & Power • Mining, and • Others By Application • Residential • Agricultural and • Industrial By Distribution Channel • Retail • Online By Material • Metal • Wood • Concrete • Others By Geography • North America o US o Canada o Mexico o Rest of North America • Europe o Germany o UK o France o Russia o Spain o Italy o Rest of Europe • Asia Pacific o China o Japan o India o South Korea o Singapore o Malaysia o Rest of Asia Pacific • LAMEA o Brazil o Argentina o UAE o Saudi Arabia o South Africa o Nigeria o Rest of LAMEA Companies Profiled • Saint-Gobain Group (CertainTeed) • Allied Tube & Conduit (Atkore, Inc.) • Ameristar Perimeter Security (ASSA ABLOY) • N.V. Bekaert S.A. • Betafence Group • Gregory Industries, Inc. • Long Fence, Inc. • Ply Gem Industries, Inc. • Poly Vinyl Creations, Inc. Unique Offerings • Exhaustive coverage • Highest number of market tables and figures • Subscription based model available • Guaranteed best price • Assured post sales research support with 10% customization free Read the full report: https://www.reportlinker.com/p06240992/?utm_source=GNW About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. __________________________
On Wednesday, March 9, Amazon (AMZN) dropped a bombshell: For the first time since September 1999, the first time this century -- the first time this millennium -- Amazon will split its stock. And we're not talking a tiny 2-for-1 or 3-for-1 split, either. After watching its share price rise an astounding 4,000%-plus over the last couple decades, Amazon will need to split its $2,900 stock into much tinier pieces in order to get the per-share price down to a reasonable-seeming level. Accordingly,
Shares of DiDi Global (NYSE: DIDI) plunged 44% on Friday, following reports that the Chinese ride-hailing leader was ceasing its preparations for a listing on the Hong Kong Stock Exchange. DiDi reportedly went ahead with its initial public offering (IPO) in June despite calls from Chinese regulators to first strengthen its data management systems, so as to better protect its users' personal information. In December, the situation worsened to the point that Didi announced its intention to delist its shares from the New York Stock Exchange.
The weirdest thing about Elon Musk and Grimes' relationship, and the thing that almost no one wants to admit, is that it's at least kinda cute. The CEO and Chief Engineer of SpaceX and Tesla and the musician born Claire Boucher are both polarizing figures, to be put it lightly. Musk presents himself as a creature of pure ID, one who can disrupt the stock market with a few tweets, while Grimes presents herself as a real-time anime character.
Sometimes we can see more about the future of a young company based on what insiders do instead of what they say. That is why we will go through the ownership structure of SoFi Technologies ( NASDAQ:SOFI ), and see which insiders are serious about the long-term future of the company.
(Bloomberg) -- A Morgan Stanley trader is leaving the firm after racking up tens of millions of dollars in losses as a bout of market turmoil makes and breaks trading books across Wall Street.Most Read from BloombergUkraine Update: Kuleba Says Russian Talks Fruitless So FarRussia Devises Plan to Seize Firms Abandoned in Foreigner ExodusUkraine Update: Russia Targeting Airfields in Western UkraineRussia Bans Export of 200 Products After Suffering Sanctions HitTech Walls Off Russia Like Never Befo
David Solomon believes in-office work is crucial to the bank’s success. In a post-pandemic world, will employees agree?
Berkshire Hathaway Inc on Friday urged the rejection of four shareholder proposals recommending that it replace Warren Buffett as chairman, report on its plans to handle climate risk and reduce greenhouse gases, and improve diversity. The company, run by Buffett since 1965, also said the 91-year-old received $373,204 in compensation for 2021, down from $380,328 a year earlier, comprising his usual $100,000 salary plus personal and home security. Though Buffett's salary is low for a chief executive officer of a major company, his 16.2% Berkshire stake comprises most of his $117.9 billion net worth, which Forbes magazine said makes him the world's fifth-richest person.
Yahoo Finance Live’s Jared Blikre and Akiko Fujita discuss Chinese tech stocks as they face their worst week in a year.
Yahoo Finance's Alexandra Semenova joins the Live show to discuss investors pouring into Cathie Wood's ARKK Innovation ETF despite losses.
A big opportunity to get involved in Amazon's future growth may have just taken shape, one analyst explains.
Futures jumped early Friday as Putin cited positive shifts in Russia-Ukraine talks. The market rally showed resilience Thursday.
The Fed appears set to raise interest rates next week for the first time since 2018. With inflation now at nettlesome levels and still climbing, the so-called "Fed put" is out of action, one economist said.
Too many investors have been a little too aggressive with their selling of late, setting the stage for major rebounds.
Rio Tinto produces raw materials including copper, iron ore, bauxite, diamonds, uranium and industrial minerals. On Thursday it was reported RIO was dropping its connection to Russian businesses. In this daily bar chart of RIO, below, we can see that prices gapped down below the 200-day and the 50-day averages.
Yahoo Finance Live's Julie Hyman and Brian Sozzi discuss fourth quarter earnings for Rivian Automotive.
A corporate exodus from Russia in response to its military invasion of Ukraine has seen more than 300 U.S. and multinational companies sever business ties with the country – and the list seems to be growing by the minute. But even as many flee, a number of big-name firms have remained mum.
(Bloomberg) -- David Woo, the Wall Street contrarian who foresaw Donald Trump’s election in 2016 and how to profit from it, sees a much more dangerous world today with fewer investment options. Most Read from BloombergUkraine Update: Kuleba Says Russian Talks Fruitless So FarRussia Devises Plan to Seize Firms Abandoned in Foreigner ExodusUkraine Update: Russia Targeting Airfields in Western UkraineRussia Bans Export of 200 Products After Suffering Sanctions HitIran Nuclear Talks Suspended as Win
The European Union is planning to cut Russian gas imports. Its target may be aspirational but the political sign looks serious.
The Tesla CEO now rents in Texas after selling his California homes to Unlimint founder Kirill Evstratov, Chinese billionaire William Ding and others.
According to Ripple, its fund is the first to link creators with marketplaces and creative agencies like Mintable, MintNFT, and VSA Partners.