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Global Pet Wearable Market Report 2021: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2015-2026 - ResearchAndMarkets.com

·4 min read

DUBLIN, January 24, 2022--(BUSINESS WIRE)--The "Pet Wearable Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026" report has been added to ResearchAndMarkets.com's offering.

The global pet wearable market exhibited strong growth during 2015-2020. Looking forward, the market is expected to grow at a CAGR of around 13% during 2021-2026.

Keeping in mind the uncertainties of COVID-19, the analyst is continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.

Pet wearables are devices that pet parents use to monitor the physiological and biomechanical activities of their pets. These wearables are manufactured using advanced technologies, such as radio-frequency identification (RFID), internet of things (IoT), global positioning system (GPS) trackers, Bluetooth sensors, cameras, transmitters and antennas, to ensure the safety of the pets.

They record health metrics, such as pulse, respiration, body temperature, calories burnt, rest patterns, food intake and heart rate variability (HRV), which can assist a doctor in providing adequate treatment to the pets.

Global Pet Wearable Market Trends and Drivers

The growing trend of pet humanization, along with the increasing concerns among pet parents about the well-being of their pets, represents one of the key factors influencing the demand for pet wearables positively. Apart from this, owing to the rising cases of lost and stolen pets, pet owners are increasingly spending on pet wearables to identify their real-time location.

Furthermore, leading players are offering Wi-Fi-enabled RFID devices to provide controlled monitoring of pets remotely. They are also incorporating cloud-based and data analytics services that allow pet owners to store medical records on the cloud and set goals or reminders. Besides this, they are collaborating and forming alliances with other organizations to introduce innovative products.

For instance, FitBark Inc., a US-based consumer electronics firm, partnered with FitBit Inc., a renowned manufacturer of human health and fitness devices, to monitor daily activities of dogs and their owners simultaneously, such as the distance covered and calories burned during a walk.

Key Questions Answered in This Report

  • How has the global pet wearable market performed so far and how will it perform in the coming years?

  • What are the key regional markets?

  • What has been the impact of COVID-19 on the global pet wearable market?

  • What is the breakup of the market based on the product?

  • What is the breakup of the market based on the technology?

  • What is the breakup of the market based on the application?

  • What is the breakup of the market based on the end-user?

  • What is the breakup of the market based on the distribution channel?

  • What are the various stages in the value chain of the industry?

  • What are the key driving factors and challenges in the industry?

  • What is the structure of the global pet wearable market and who are the key players?

  • What is the degree of competition in the industry?

Competitive Landscape

The report has also analysed the competitive landscape of the market with some of the key players being

  • Cybortra Technology Co. Ltd.

  • Dogtra

  • FitBark Inc.

  • Garmin Ltd.

  • High Tech Pet Products Inc.

  • Invisible Fence Inc. (Radio Systems Corporation)

  • Loc8tor Ltd.

  • Motorola (Lenovo)

  • Petcube

  • PetPace Ltd.

  • Tractive and Whistle Labs Inc. (Mars Inc.)

Key Market Segmentation

Breakup by Product

  • Smart Collar

  • Smart Vest

  • Smart Harness

  • Smart Camera

  • Others

Breakup by Technology

  • GPS

  • RFID

  • Sensor

  • Others

Breakup by Application

  • Identification and Tracking

  • Monitoring and Control

  • Medical Diagnosis and Treatment

  • Facilitation, Safety and Security

Breakup by End-user

  • Household

  • Commercial

Breakup by Distribution Channel

  • Modern Trade

  • Franchised Outlets

  • Specialty Stores

  • E-Commerce

  • Others

Breakup by Region

  • North America

  • United States

  • Canada

  • Asia Pacific

  • China

  • Japan

  • India

  • South Korea

  • Australia

  • Indonesia

  • Others

  • Europe

  • Germany

  • France

  • United Kingdom

  • Italy

  • Spain

  • Russia

  • Others

  • Latin America

  • Brazil

  • Mexico

  • Others

  • Middle East and Africa

Key Topics Covered:

1 Preface

2 Scope and Methodology

3 Executive Summary

4 Introduction

5 Global Pet Wearable Market

6 Market Breakup by Product

7 Market Breakup by Technology

8 Market Breakup by Application

9 Market Breakup by End-user

10 Market Breakup by Distribution Channel

11 Market Breakup by Region

12 SWOT Analysis

13 Value Chain Analysis

14 Porters Five Forces Analysis

15 Price Analysis

16 Competitive Landscape

For more information about this report visit https://www.researchandmarkets.com/r/idkimb

View source version on businesswire.com: https://www.businesswire.com/news/home/20220124005453/en/

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