North America Industrial Vegetation Management Market

North America Industrial Vegetation Management Market Size (2024 to 2029)

As per our research report, the North American industrial vegetation management market is expected to reach USD 700.6 million by 2029 from USD 576.4 million in 2024, growing at a compound annual growth rate (CAGR) of 3.98% from 2024 to 2029.

Industrial vegetation management is a process of removing unwanted vegetation such as weeds, grass, and other unused plants during the setup of infrastructure, transport lines and industries.

The increasing urbanization and development of utility infrastructures are the primary factors driving the North American industrial vegetation management market. The emphasis on safety by the local government in the implementation of electricity lines, railway routes, and highways is also fuelling the regional market growth. The rising need for proper vegetation to avoid infrastructure-related accidents or fires along with the offered environmental benefits is further promoting the industrial vegetation management market in North America. The latest trend in drone technologies, remote sensing, GPS systems, and geographical information systems is favoring the growth of the North American industrial vegetation management market. The modern research and development activities along with supporting government initiatives to promote vegetation management are boosting the North American market growth. The need to control invasive plant varieties and reduce infrastructure maintenance costs is predicted to create more opportunities for the North American industrial vegetation management market in the future.

The major limitation of the North American industrial vegetation management market is the resistance from people to use chemical herbicides and pesticides that can harm the atmosphere. Also, the lack of experienced workers and high expenses associated with the implementation of vegetation management practices are negatively impacting local businesses. In addition, the concerns related to invasive species management, harsh climatic conditions, and consumer misunderstanding are affecting the profitability of players in this business. Besides, the long-term impact of vegetation management processes and the challenges with data privacy due to the applications of GIS and remote sensing are supposed to limit the North American industrial vegetation management market.

Impact of COVID-19 on the North American industrial vegetation management market:

The COVID-19 pandemic had an initial negative impact on the North American industrial vegetation management market. The lockdown restrictions resulted in supply chain disruptions, transportation limitations, and the cancellation of infrastructure projects. The shutdown of several companies led to a pause in research and development activities and improvements in the vegetation management process. Also, the temporary closures and contactless conditions led to labor shortages for the removal of unwanted plant species. The lockdown also halted new highways and industrial constructions, which hampered the growth of the North American industrial vegetation management market.

This market research report on the North American industrial vegetation management market is segmented and sub-segmented into the following categories.

North America Industrial Vegetation Management Market – By Product Type:

• Herbicides
• Insecticides
• Plant Growth Hormones

The herbicides segment accounted for a significant share of the North American industrial vegetation management market in 2023 and is expected to grow at a promising CAGR during the forecast period. The availability of effective and affordable herbicides to control the growth of weeds along with the rise in utility, roadways, and railways projects, are promoting the demand in this segment.

North America Industrial Vegetation Management Market – By End Use:

• Utilities
• Transportation
• Oil & Gas
• Industrial Areas

The utilities segment recorded a notable share of the regional industrial vegetation management market in 2023, and the lead of the segment is estimated to continue throughout the forecast period owing to the modifications to the traditional power lines and utility infrastructure. In addition, the transportation segment is likely to register significant growth in the coming years owing to the expanding transportation and logistics sector that requires roadways and railways for the movement of goods.

North America Industrial Vegetation Management Market - By Region:

• The U.S.
• Canada
• Rest of North America

The USA dominated the regional industrial vegetation management market in 2023 and will continue to lead the market in North America during the forecast period due to the rising demand for advanced transportation and utility infrastructure within the area. California is a prominent state in the USA that spends huge amounts on vegetation management. In addition, the supportive government initiatives coupled with the adoption of the latest technologies are contributing to the US industrial vegetation management market. Similarly, Canada is also an emerging market in North America, and with harsh climatic conditions, there is a huge need for continuous maintenance of industrial sites, transportation, and utilities, which will benefit the industrial vegetation management business in this locale.

KEY MARKET PLAYERS:

BASF, DuPont, Dow Agro Sciences, Monsanto, Nufarm, Helena, Boultbee Vegetation Management, DBI Services, Ferrosafe, Lewis Services, Corteva Canada, VegClear, and Aquatic Vegetation Control Inc. are some major players involved in the North American industrial vegetation management market.

RECENT HAPPENINGS IN THIS MARKET:

• In August 2023, Alamo Group announced its second-quarter financial results that showed a tremendous increase of 11.9% compared to the second quarter of 2022, where vegetation management sales accounted for a 2.5% increase.
• In February 2023, Swap Robotics, a start-up company in the USA, raised an investment of USD 7 million to improve its model of robotics-as-a-service to replace conventional solar vegetation management and use autonomous robots.