Industrial Vegetation Management (IVM) Market: By Product Type (Herbicides, Insecticides, Plant Growth Regulators, Others), By Industrial Application (Roadways, Railways, Aquatic Areas, Electric Utilities and Pipelines, Rangeland and Pastureland, Others), and Geography

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Industrial Vegetation Management (IVM) Market size is estimated to be valued at USD 1,446.8 million in 2022 and is poised to grow at a significant CAGR of 4.4% over 2023-2029. Industrial vegetation management is described as the technique of deliberately encouraging the low-growing vegetation to reduce the growth of undesirable species such as weeds and avoid service interruptions. Electric companies utilize a variety of technologies to regulate or remove vegetation in a safe and ecologically conscientious manner to avoid such outages. The goal of vegetation management is to avoid tree damage while preserving a healthy relationship with the environment. Based on product type, the global industrial vegetation market is segmented into Herbicides, Insecticides, Plant Growth Regulators, and Others. Herbicides segment accounted to have largest share and is projected to grow at a significant CAGR over the forecasting period. Chemical control with herbicides has been an important tool for managing weeds in crops and landscapes for many years. Most of the current herbicides are more effective and selective. Although herbicides are widely used, few people understand how they work to control undesirable plants. Considering these benefits herbicide segment is used widely. The increasing need for industrial vegetation management solely in forestry, electric utility railways, and roadways are major factors that help the market's growth. Furthermore, power utilities, pipelines, and aquatic areas are key drivers boosting the global industrial vegetation management market's growth.

Industrial Vegetation Management (IVM) Market Key Developments:

In July 2017 - DBi Services acquired railroad vegetation management specialist reforestation services. The transaction adds to DBi Services existing presence, further increasing its resource capabilities across the United States. In combination to its existing vegetation management and varied service capabilities.

Industrial Vegetation Management Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

4.40%

Largest Market

North America

Fastest Growing Market

North America
Industrial Vegetation Management (IVM) Market Dynamics

The market is expected to offer lucrative opportunities due to transmission failure and power outages are most caused by overgrown vegetation. Near electricity lines, tree branches can arc and ignite flames. Trees and vegetation close to residential or commercial properties, power lines, or on land accessible to the public need careful management. To reduce this problem the vegetation management products, have high demand and the growth is expected to be primarily driven by increasing demand and adoption of the category across those few regions including North America, Europe, and APAC. According to the power grid, the vegetation management is frequently the single largest line item in annual operating budgets, exceeding $100 million annually in many larger utilities. Moreover, Asia Pacific is expected to be the fastest expanding region in the market due to the hot, humid climate and an enormous variety of habitats that have given rise to an abundance and diversity of vegetative forms unlike that in any other area of the world.

Industrial Vegetation Management Market Segmentation

By Product Type
  • Herbicides
  • Insecticides
  • Plant Growth Regulators
  • Others
By Application
  • Roadways
  • Railways
  • Aquatic Areas
  • Electric Utilities and Pipelines
  • Rangeland and Pastureland
  • Others
By Geography
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • MEA

Frequently Asked Questions

The industrial vegetation management market is projected to expand at a CAGR of 4.4% during the forecast period

BASF, Nufarm, DuPont, Helena, Monsanto, Dbi services

North America is the fastest-growing region for the industrial vegetation management market

Key Features of the Reports

  • The industrial vegetation management market report provides granular level information about the market size, regional market share, historic market (2018-2022) and forecast (2023-2029)
  • The industrial vegetation management market report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The industrial vegetation management market report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The global market report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The market report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
1.Executive Summary
2.Global Industrial Vegetation Management (IVM) Market Introduction 
2.1.Global Industrial Vegetation Management (IVM) Market  - Taxonomy
2.2.Global Industrial Vegetation Management (IVM) Market  - Definitions
2.2.1. By Product Type 
2.2.2. By Application
2.2.3. By Region
3.Global Industrial Vegetation Management (IVM) Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Product Landscape
3.6. New Product Launches
3.7. Impact of COVID 19 on Market
4.Global Industrial Vegetation Management (IVM) Market Analysis, 2018 - 2022 and Forecast 2023 - 2029
4.1.  Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
4.2.  Year-Over-Year (Y-o-Y) Growth Analysis (%) 
4.3.  Market Opportunity Analysis 
5.Global Industrial Vegetation Management (IVM) Market  By Product Type , 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
5.1. Herbicides
5.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.1.3. Market Opportunity Analysis 
5.2. Insecticides
5.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.2.3. Market Opportunity Analysis 
5.3. Plant Growth Regulators
5.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.3.3. Market Opportunity Analysis 
5.4. Others
5.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.4.3. Market Opportunity Analysis 
6.Global Industrial Vegetation Management (IVM) Market  By Application, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
6.1. Roadways
6.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.1.3. Market Opportunity Analysis 
6.2. Railways
6.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.2.3. Market Opportunity Analysis 
6.3. Aquatic Areas
6.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.3.3. Market Opportunity Analysis 
6.4. Electric Utilities and Pipelines
6.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.4.3. Market Opportunity Analysis 
6.5. Rangeland and Pastureland
6.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
6.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.5.3. Market Opportunity Analysis 
6.6. Others
6.6.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
6.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.6.3. Market Opportunity Analysis 
7.Global Industrial Vegetation Management (IVM) Market  By Region, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
7.1. North America
7.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.1.3. Market Opportunity Analysis 
7.2. Europe
7.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.2.3. Market Opportunity Analysis 
7.3. Asia Pacific (APAC)
7.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.3.3. Market Opportunity Analysis 
7.4. Middle East and Africa (MEA)
7.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.4.3. Market Opportunity Analysis 
7.5. Latin America
7.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.5.3. Market Opportunity Analysis 
8.North America Industrial Vegetation Management (IVM) Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
8.1. Product Type  Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
8.1.1.Herbicides
8.1.2.Insecticides
8.1.3.Plant Growth Regulators
8.1.4.Others
8.2.  Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
8.2.1.Roadways
8.2.2.Railways
8.2.3.Aquatic Areas
8.2.4.Electric Utilities and Pipelines
8.2.5.Rangeland and Pastureland
8.2.6.Others
8.3.  Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
8.3.1.United States of America (USA)
8.3.2.Canada
9.Europe Industrial Vegetation Management (IVM) Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
9.1. Product Type  Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.1.1.Herbicides
9.1.2.Insecticides
9.1.3.Plant Growth Regulators
9.1.4.Others
9.2.  Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.2.1.Roadways
9.2.2.Railways
9.2.3.Aquatic Areas
9.2.4.Electric Utilities and Pipelines
9.2.5.Rangeland and Pastureland
9.2.6.Others
9.3.  Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.3.1.Germany
9.3.2.France
9.3.3.Italy
9.3.4.United Kingdom (UK)
9.3.5.Spain
10.Asia Pacific (APAC) Industrial Vegetation Management (IVM) Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
10.1. Product Type  Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.1.1.Herbicides
10.1.2.Insecticides
10.1.3.Plant Growth Regulators
10.1.4.Others
10.2.  Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.2.1.Roadways
10.2.2.Railways
10.2.3.Aquatic Areas
10.2.4.Electric Utilities and Pipelines
10.2.5.Rangeland and Pastureland
10.2.6.Others
10.3.  Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.3.1.China
10.3.2.India
10.3.3.Australia and New Zealand (ANZ)
10.3.4.Japan
10.3.5.Rest of APAC
11.Middle East and Africa (MEA) Industrial Vegetation Management (IVM) Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
11.1. Product Type  Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.1.1.Herbicides
11.1.2.Insecticides
11.1.3.Plant Growth Regulators
11.1.4.Others
11.2.  Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.2.1.Roadways
11.2.2.Railways
11.2.3.Aquatic Areas
11.2.4.Electric Utilities and Pipelines
11.2.5.Rangeland and Pastureland
11.2.6.Others
11.3.  Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.3.1.GCC Countries
11.3.2.South Africa
11.3.3.Rest of MEA
12.Latin America Industrial Vegetation Management (IVM) Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
12.1. Product Type  Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.1.1.Herbicides
12.1.2.Insecticides
12.1.3.Plant Growth Regulators
12.1.4.Others
12.2.  Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.2.1.Roadways
12.2.2.Railways
12.2.3.Aquatic Areas
12.2.4.Electric Utilities and Pipelines
12.2.5.Rangeland and Pastureland
12.2.6.Others
12.3.  Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.3.1.Brazil
12.3.2.Mexico
12.3.3.Rest of LA
13. Competition Landscape
13.1.  Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) 
13.2.1.BASF
13.2.2.Nufarm
13.2.3.DuPont
13.2.4.Helena
13.2.5.Monsanto
13.2.6.Dbi services
13.2.7.Makhteshim Agan
13.2.8.Dow AgroSciences
13.2.9.Boultbee Vegetation Management.
14. Research Methodology 
15. Appendix and Abbreviations 
  • BASF
  • Nufarm
  • DuPont
  • Helena
  • Monsanto
  • Dbi services
  • Makhteshim Agan
  • Dow AgroSciences
  • Boultbee Vegetation Management.

Adjacent Markets