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Useful Information

Pest Control Services

Supplier and Technology Trends

Useful Information

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Pricing Models

• The open booking pricing model is the most preferred and emerging pricing model. This model has the highest level of transparency of costs and pricing of the services. The supplier shares the details of the expenditures to the buyer

• Annual or fixed fee is paid for providing service at the location, no extra payments are made to suppliers

Emerging KPIs

• Emerging KPIs and SLAs: For pest control services, there are two levels at which KPIs are measured for the best sourcing:

‒ ServExice level: KPIs, such as labor, equipment, regulatory compliance, are considered

‒ Supplier level: KPIs, such as quality, types of pest chemicals used, time, capacity, sustainability, etc., are considered

Source: Secondary Sources, S2, Beroe Analysis 2024

Key Takeaway

The pest service industries are focusing on adopting technology and is evolving with the key trends as suggested below and will grow steadily soon.

Heat treatment

• The infraredradiation penetrating surfaces is used in modern heat treatments to eliminate pests without harmingstructural elements. The heat eliminates the bugsby dehydrating them and

Canine Detection

• Dogs may be taught to recognize pest infestations, like bed bugs and termites, in their surroundings. Someonewho handles or trains dogs is needed to use them for this purpose. It appears that canines are incredibly good at sniffing out pests because they have a highly-accurate sense of smell for living bugs and eggs

Green Pest Management

• With an increasing focus on natural and eco-friendly products and services, different pest control service providers are trying to introduce products that shall minimize the environmental damage and prevent using harmful use of pesticides. However, it has been extremely challenging to find organic products that are effective for pest control

Business Expansion, Mergers & Acquisitions

• Marlin Park Exterminating has been merged with Rentokil North America, to help Rentokil to expand its North American division. Rentokil will now be able to serve, Raleigh, Sanford areas, Moore County, and the Sandhills

• Arrow Exterminators expands in Florida with the acquisition of The Pestop, strengthening their presence in Martin and St. Lucie counties. The Pestop will now operate as Stark Exterminators under Arrow's leadership

Introduction of IoT in Pest Control

• IoT is playing an important role in every other industry, and the pest control service industry is not far from reach

• Suppliers are developing solutions using IoT, which facilitate the detection of pests in the designated area. This shall also help in understanding the pest behavior with the use of low-power cameras and different sensors, which makes work efficient

Drones for Pest Control

• Organizations give a lot of importance in ensuring that there are effective strategies in place to control the pests in workplaces for the safety of their employees. One of the challenging aspects of pest control in high rise buildings is the pest control in elevated spaces

• Different pest control suppliers are coming forth with innovative technologies for pest control, one of them being the pest-spraying drone technology from AeroPest, which reduces the risk factor, saves time, and allows labor to work effectively

Precision agriculture techniques

• This help farmers in effective crop monitoring and management, leading to reduced pest risk, improved soil health, and disease prevention
• The management of near-pest attacks is made possible using forecasts and early warnings based on biophysical approaches, which enhances pest control, reduces crop loss, and lowers cultivation expenses

Integrated Pest Management

• Integrated Pest Management (IPM) employs a combination of biological, cultural, mechanical, and chemical controls to effectively manage pests with minimal harm to the environment and non-target organisms.