ID: MRFR/SEM/6273-HCR | February 2021 | Region: Global | 100 pages
Market Synopsis
The global pet wearable market was valued at USD 895.4 million in 2017 and is expected to reach USD 1,611.0 million by the end of the forecast period at a CAGR of 10.6%.
Pet wearable is a device that can be worn by animals either in the form of a collar, a tag, or a vest. These wearable devices operate on RFID, GPS or close proximity wireless connectivity such as Bluetooth. Pet wearable devices are used to identify and track the location of the pets, monitor their health, and detect behavioral changes in the pets. Pet wearable devices are expected to show significant growth during the forecast period. The major factor contributing to the growth of pet wearable devices is the growing awareness about their health and well-being, and the rising need for monitoring and tracking the movement of the pets. These wearable devices can be linked with a smartphone application to keep a record of the data gathered from pets for further analysis. Moreover, the increased adoption of connected devices and the Internet of Things (IoT) helps in gathering data and gaining meaningful insights. However, limited awareness about pet wearable devices and lack of medical and healthcare attention for animals in rest of the world and Asian region poses a challenge for the market growth.
Key Developments
Segmentation
The global pet wearable market has been segmented based on product, technology, application, and region.
By product, the pet wearable market has been segmented into smart collar, smart vest, smart harness, and others.
By technology, the pet wearable market has been segmented into RFID, GPS, Bluetooth, and others.
By application, the pet wearable market has been segmented into identification and tracking, fitness monitoring, behavior monitoring and control, and medical diagnosis and treatment.
By region, the pet wearable market has been segmented into North America, Europe, Asia-Pacific, and the rest of the world.
Regional Analysis
The global market for pet wearable is estimated to grow at a significant rate during the forecast period from 2019 to 2024. The geographic analysis of the pet wearable market has been conducted for North America, Europe, Asia-Pacific, and the rest of the world (including the Middle East, Africa, and Latin America).
Among the regions mentioned above for the study of pet wearable market, North America dominates the market holding a significant market share. The factors contributing to the growth of pet wearable market in North America is the rise in adoption of pets along with increased disposable incomes of North American residents. In countries such as the US and Canada, various pet shows and events are organized to promote a healthylifestyle for the pets. As these devices are capable of tracking, and monitoring the pets’ activities, thus ensuring the wellbeing of the pets.
Global Pet Wearable Market, USD Million
Source: MRFR Analysis
Competitive landscape
The companies operating in pet wearable market are primarily focusing on improving their supply chain and distribution channel along with organic growth strategies, under which they focus on investing highly in research and development for the launch of new products. However, not many inorganic strategies are being adopted by the companies as the market is highly segregated under different applications.
Key Players
The key players in the pet wearable market are identified across all the major regions based on their country of origin, presence across different regions, recent key developments, product diversification, and industry expertise. Some of them are FitBark Inc. (US), Indiegogo Inc. (US), Tractive GmbH (Austria), Loc8tor Ltd (UK), PawTrax Limited (UK), Dairymaster USA Inc. (US), Whistle Labs Inc. (US), Afimilk Ltd (Israel), IceRobotics, Ltd (UK), and PetPace LLC (US). These players contribute significantly to market growth.
Intended Audience
Frequently Asked Questions (FAQ) :
The global pet wearables market is flourishing and expected to acquire nearly USD 1611 million by the end of the forecast period.
The global pet wearables market is expected to mature at an approximate CAGR of 10.6% through the review period.
The primary factor backing to the growth of pet wearable devices is the growing awareness about their health and well-being.
On the basis of the product, the smart collar is poised to witness substantial growth.
North America is expected to dominate the pet wearable market in terms of revenue generation, and acquire a substantial market value over the forecast period.
TABLE OF CONTENTS
1 Executive Summary
2 Scope of the Report
2.1 Market Definition
2.2 Scope of the Study
2.3 Research Objectives
2.4 Markets Structure
3 Research Methodology
4 Market Landscape
4.1 Porter’s Five Forces Analysis
4.1.1 Threat of New Entrants
4.1.2 Bargaining Power of Buyers
4.1.3 Threat of Substitutes
4.1.4 Rivalry
4.1.5 Bargaining Power of Suppliers
4.2 Value Chain/Supply Chain of Pet Wearable Market
5 Market Landscape
5.1 Introduction
5.2 Growth Drivers
5.3 Impact Analysis
5.4 Market Challenges
6 Market Trends
6.1 Introduction
6.2 Growth Trends
6.3 Impact Analysis
7 Pet Wearable Market, by Product
7.1 Introduction
7.2 Smart Collar
7.2.1 Market Estimates & Forecast, 2019–2024
7.3 Smart Vest
7.3.1 Market Estimates & Forecast, 2019–2024
7.4 Smart Harness
7.4.1 Market Estimates & Forecast, 2019–2024
7.5 Others
7.5.1 Market Estimates & Forecast, 2019–2024
8 Pet Wearable Market, by Technology
8.1 Introduction
8.2 RFID
8.2.1 Market Estimates & Forecast, 2019–2024
8.3 GPS
8.3.1 Market Estimates & Forecast, 2019–2024
8.4 Bluetooth
8.4.1 Market Estimates & Forecast, 2019–2024
8.5 Ohers
8.5.1 Market Estimates & Forecast, 2019–2024
9 Pet Wearable Market, by Application
9.1 Introduction
9.2 Identification and Tracking
9.2.1 Market Estimates & Forecast, 2019–2024
9.3 Fitness Monitoring
9.3.1 Market Estimates & Forecast, 2019–2024
9.4 Behavior Monitoring and Control
9.4.1 Market Estimates & Forecast, 2019–2024
9.5 Medical Diagnosis and Treatment
9.5.1 Market Estimates & Forecast, 2019–2024
10 Pet Wearable Market, by Region
10.1 Introduction
10.2 North America
10.2.1 Market Estimates & Forecast, by Country, 2019–2024
10.2.2 Market Estimates & Forecast, by Product, 2019–2024
10.2.3 Market Estimates & Forecast, by Technology, 2019–2024
10.2.4 Market Estimates & Forecast, by Application, 2019–2024
10.2.5 US
10.2.5.1 Market Estimates & Forecast, by Product, 2019–2024
10.2.5.2 Market Estimates & Forecast, by Technology, 2019–2024
10.2.5.3 Market Estimates & Forecast, by Application, 2019–2024
10.2.6 Mexico
10.2.6.1 Market Estimates & Forecast, by Product, 2019–2024
10.2.6.2 Market Estimates & Forecast, by Technology, 2019–2024
10.2.6.3 Market Estimates & Forecast, by Application, 2019–2024
10.2.7 Canada
10.2.7.1 Market Estimates & Forecast, by Product, 2019–2024
10.2.7.2 Market Estimates & Forecast, by Technology, 2019–2024
10.2.7.3 Market Estimates & Forecast, by Application, 2019–2024
10.3 Europe
10.3.1 Market Estimates & Forecast, by Country, 2019–2024
10.3.2 Market Estimates & Forecast, by Product, 2019–2024
10.3.3 Market Estimates & Forecast, by Technology, 2019–2024
10.3.4 Market Estimates & Forecast, by Application, 2019–2024
10.3.5 Germany
10.3.5.1 Market Estimates & Forecast, by Product, 2019–2024
10.3.5.2 Market Estimates & Forecast, by Technology, 2019–2024
10.3.5.3 Market Estimates & Forecast, by Application, 2019–2024
10.3.6 France
10.3.6.1 Market Estimates & Forecast, by Product, 2019–2024
10.3.6.2 Market Estimates & Forecast, by Technology, 2019–2024
10.3.6.3 Market Estimates & Forecast, by Application, 2019–2024
10.3.7 Italy
10.3.7.1 Market Estimates & Forecast, by Product, 2019–2024
10.3.7.2 Market Estimates & Forecast, by Technology, 2019–2024
10.3.7.3 Market Estimates & Forecast, by Application, 2019–2024
10.3.8 Spain
10.3.8.1 Market Estimates & Forecast, by Product, 2019–2024
10.3.8.2 Market Estimates & Forecast, by Technology, 2019–2024
10.3.8.3 Market Estimates & Forecast, by Application, 2019–2024
10.3.9 UK
10.3.9.1 Market Estimates & Forecast, by Product, 2019–2024
10.3.9.2 Market Estimates & Forecast, by Technology, 2019–2024
10.3.9.3 Market Estimates & Forecast, by Application, 2019–2024
10.4 Asia-Pacific
10.4.1 Market Estimates & Forecast, by Country, 2019–2024
10.4.2 Market Estimates & Forecast, by Product, 2019–2024
10.4.3 Market Estimates & Forecast, by Technology, 2019–2024
10.4.4 Market Estimates & Forecast, by Application, 2019–2024
10.4.5 China
10.4.5.1 Market Estimates & Forecast, by Product, 2019–2024
10.4.5.2 Market Estimates & Forecast, by Technology, 2019–2024
10.4.5.3 Market Estimates & Forecast, by Application, 2019–2024
10.4.6 India
10.4.6.1 Market Estimates & Forecast, by Product, 2019–2024
10.4.6.2 Market Estimates & Forecast, by Technology, 2019–2024
10.4.6.3 Market Estimates & Forecast, by Application, 2019–2024
10.4.7 Japan
10.4.7.1 Market Estimates & Forecast, by Product, 2019–2024
10.4.7.2 Market Estimates & Forecast, by Technology, 2019–2024
10.4.7.3 Market Estimates & Forecast, by Application, 2019–2024
10.4.8 Rest of Asia-Pacific
10.4.8.1 Market Estimates & Forecast, by Product, 2019–2024
10.4.8.2 Market Estimates & Forecast, by Technology, 2019–2024
10.4.8.3 Market Estimates & Forecast, by Application, 2019–2024
10.5 Rest of the World
10.5.1 Market Estimates & Forecast, by Country, 2019–2024
10.5.2 Market Estimates & Forecast, by Product, 2019–2024
10.5.3 Market Estimates & Forecast, by Technology, 2019–2024
10.5.4 Market Estimates & Forecast, by Application, 2019–2024
10.5.5 Middle East & Africa
10.5.5.1 Market Estimates & Forecast, by Product, 2019–2024
10.5.5.2 Market Estimates & Forecast, by Technology, 2019–2024
10.5.5.3 Market Estimates & Forecast, by Application, 2019–2024
10.5.6 Latin America
10.5.6.1 Market Estimates & Forecast, by Product, 2019–2024
10.5.6.2 Market Estimates & Forecast, by Technology, 2019–2024
10.5.6.3 Market Estimates & Forecast, by Application, 2019–2024
11 Competitive Landscape
12 Company Profiles
12.1 FitBark Inc.
12.1.1 Company Overview
12.1.2 Product/Business Segment Overview
12.1.3 Financial Updates
12.1.4 Key Developments
12.1.5 SWOT Analysis
12.1.6 Key Strategies
12.2 Indiegogo, Inc.
12.2.1 Company Overview
12.2.2 Product/Business Segment Overview
12.2.3 Financial Updates
12.2.4 Key Developments
12.2.5 SWOT Analysis
12.2.6 Key Strategies
12.3 Tractive GmbH
12.3.1 Company Overview
12.3.2 Product/Business Segment Overview
12.3.3 Financial Updates
12.3.4 Key Developments
12.3.5 SWOT Analysis
12.3.6 Key Strategies
12.4 Loc8tor Ltd
12.4.1 Company Overview
12.4.2 Product/Business Segment Overview
12.4.3 Financial Updates
12.4.4 Key Developments
12.4.5 SWOT Analysis
12.4.6 Key Strategies
12.5 PawTrax Limited
12.5.1 Company Overview
12.5.2 Product/Business Segment Overview
12.5.3 Financial Updates
12.5.4 Key Developments
12.5.5 SWOT Analysis
12.5.6 Key Strategies
12.6 Dairymaster USA Inc.
12.6.1 Company Overview
12.6.2 Product/Business Segment Overview
12.6.3 Financial Updates
12.6.4 Key Developments
12.6.5 SWOT Analysis
12.6.6 Key Strategies
12.7 Whistle Labs, Inc.
12.7.1 Company Overview
12.7.2 Product/Business Segment Overview
12.7.3 Financial Updates
12.7.4 Key Developments
12.7.5 SWOT Analysis
12.7.6 Key Strategies
12.8 Afimilk Ltd
12.8.1 Company Overview
12.8.2 Product/Business Segment Overview
12.8.3 Financial Updates
12.8.4 Key Developments
12.8.5 SWOT Analysis
12.8.6 Key Strategies
12.9 IceRobotics, Ltd
12.9.1 Company Overview
12.9.2 Product/Business Segment Overview
12.9.3 Financial Updates
12.9.4 Key Developments
12.9.5 SWOT Analysis
12.9.6 Key Strategies
12.10 PetPace LLC
12.10.1 Company Overview
12.10.2 Product/Business Segment Overview
12.10.3 Financial Updates
12.10.4 Key Developments
12.10.5 SWOT Analysis
12.10.6 Key Strategies
13 Conclusion
LIST OF TABLES
Table 1 Global Pet Wearable Market, by Product, 2019–2024
Table 2 Global Pet Wearable Market, by Technology, 2019–2024
Table 3 Global Pet Wearable Market, by Application, 2019–2024
Table 4 Global Pet Wearable Market, by Region, 2019–2024
Table 5 North America: Pet Wearable Market, by Country, 2019–2024
Table 6 North America: Pet Wearable, Market, by Product, 2019–2024
Table 7 North America: Pet Wearable Market, by Technology, 2019–2024
Table 8 North America: Pet Wearable, Market, by Application, 2019–2024
Table 9 US: Pet Wearable, Market, by Product, 2019–2024
Table 10 US: Pet Wearable Market, by Technology, 2019–2024
Table 11 US: Pet Wearable Market, by Application, 2019–2024
Table 12 Canada: Pet Wearable, Market, by Product, 2019–2024
Table 13 Canada: Pet Wearable Market, by Technology, 2019–2024
Table 14 Canada: Pet Wearable, Market, by Application, 2019–2024
Table 15 Mexico: Pet Wearable, Market, by Product, 2019–2024
Table 16 Mexico: Pet Wearable Market, by Technology, 2019–2024
Table 17 Mexico: Pet Wearable, Market, by Application, 2019–2024
Table 18 Europe: Pet Wearable Market, by Country, 2019–2024
Table 19 Europe: Pet Wearable Market, by Product, 2019–2024
Table 20 Europe: Pet Wearable Market, by Technology, 2019–2024
Table 21 Europe: Pet Wearable Market, by Application, 2019–2024
Table 22 Germany: Pet Wearable Market, by Product, 2019–2024
Table 23 Germany: Pet Wearable Market, by Technology, 2019–2024
Table 24 Germany: Pet Wearable Market, by Application, 2019–2024
Table 25 France: Pet Wearable Market, by Product, 2019–2024
Table 26 France: Pet Wearable Market, by Technology, 2019–2024
Table 27 France: Pet Wearable Market, by Application, 2019–2024
Table 28 UK: Pet Wearable Market, by Product, 2019–2024
Table 29 UK: Pet Wearable Market, by Technology, 2019–2024
Table 30 UK: Pet Wearable Market, by Application, 2019–2024
Table 31 Spain: Pet Wearable Market, by Product, 2019–2024
Table 32 Spain: Pet Wearable Market, by Technology, 2019–2024
Table 33 Spain: Pet Wearable Market, by Application, 2019–2024
Table 34 Italy: Pet Wearable Market, by Product, 2019–2024
Table 35 Italy: Pet Wearable Market, by Technology, 2019–2024
Table 36 Italy: Pet Wearable Market, by Application, 2019–2024
Table 37 Asia-Pacific: Pet Wearable Market, by Country, 2019–2024
Table 38 Asia-Pacific: Pet Wearable Market, by Product, 2019–2024
Table 39 Asia-Pacific: Pet Wearable Market, by Technology, 2019–2024
Table 40 Asia-Pacific: Pet Wearable Market, by Application, 2019–2024
Table 41 China: Pet Wearable Market, by Product, 2019–2024
Table 42 China: Pet Wearable Market, by Technology, 2019–2024
Table 43 China: Pet Wearable Market, by Application, 2019–2024
Table 44 Japan: Pet Wearable Market, by Product, 2019–2024
Table 45 Japan: Pet Wearable Market, by Technology, 2019–2024
Table 46 Japan: Pet Wearable Market, by Application, 2019–2024
Table 47 India: Pet Wearable Market, by Product, 2019–2024
Table 48 India: Pet Wearable Market, by Technology, 2019–2024
Table 49 India: Pet Wearable Market, by Application, 2019–2024
Table 50 Rest of Asia-Pacific: Pet Wearable Market, by Product, 2019–2024
Table 51 Rest of Asia-Pacific: Pet Wearable Market, by Technology, 2019–2024
Table 52 Rest of Asia-Pacific: Pet Wearable Market, by Application, 2019–2024
Table 53 Rest of the World: Pet Wearable Market, by Country, 2019–2024
Table 54 Rest of the World: Pet Wearable Market, by Product, 2019–2024
Table 55 Rest of the World: Pet Wearable Market, by Technology, 2019–2024
Table 56 Rest of the World: Pet Wearable Market, by Application, 2019–2024
LIST OF FIGURES
FIGURE 1 Global Pet Wearable Market Segmentation
FIGURE 2 Forecast Methodology
FIGURE 3 Porter’s Five Forces Analysis of the Global Pet Wearable Market
FIGURE 4 Value Chain of the Global Pet Wearable Market
FIGURE 5 Share of the Global Pet Wearable Market in 2017, by Country (in %)
FIGURE 6 Global Pet Wearable Market, 2019–2024
FIGURE 7 Sub-Segments of Product
FIGURE 8 Global Pet Wearable Market Size, by Product, 2017
FIGURE 9 Share of the Global Pet Wearable Market, by Product, 2019 to 2024
FIGURE 10 Sub-Segments of Technology
FIGURE 11 Global Pet Wearable Market Size, by Technology, 2017
FIGURE 12 Share of Global Pet Wearable Market, by Technology, 2019 to 2024
FIGURE 10 Sub-Segments of Application
FIGURE 11 Global Pet Wearable Market Size, by Application, 2017
FIGURE 12 Share of the Global Pet Wearable Market, by Application, 2019 to 2024