Pet Wearable Market
Pet Wearable - Global Market Outlook (2019-2027)
According to Stratistics MRC, the Global Pet Wearable Market is accounted for $1.62 billion in 2019 and is expected to reach $5.24 billion by 2027 growing at a CAGR of 15.8% during the forecast period. Technological developments and enhance in awareness about pet's physical and mental fitness are the major factors propelling the market growth. However, the power utilization and short battery life of devices is hampering the market growth.
Pet wearables refer to tools that can be worn on the pet's body to give out different purposes, such as identification, tracking, monitoring, controlling, medical diagnosis, treatment, facilitation, security, and safety.
Based on the component, sensors segment is estimated to have a lucrative growth due to detect heat, pressure, and heart rates of the pets. Currently, some energy-efficient and low-cost wireless sensor nodes are being implemented in these devices by manufacturers. These nodes are simple to deploy and can be controlled & monitored from remote locations.
By geography, North America is likely to have a huge demand during the forecast period due to growing awareness of pet health and rising adoption of innovative pet care products by increasing number of tech-savvy owners.
Some of the key players profiled in the Pet Wearable Market include Felcana, Fitbark, Garmin, Gopro, Kyon, Link AKC (WAGZ), MotoRoLA Mobiltiy (Binatone), Num’axes (Eyenimal), Pawbo, Petpace, Pod Trackers, Scollar, Tractive and Whistle Labs.
Products Covered:
• Monitors
• Smart Cameras
• Smart Collars
• Smart Harnesses
• Smart Vest
• Translators
Components Covered:
• Batteries
• Displays
• GPS Chips
• Memory
• Processors
• RFID Chips
• Sensors
• Connectivity Integrated Circuits
Animal Types Covered:
• Livestock
• Companion
Distribution Channels Covered:
• E-Commerce
• Franchised Outlets
• Modern Trade
• Specialty Stores
Applications Covered:
• Behaviour Monitoring & Control
• Facilitation, Safety & Security
• Fitness Monitoring
• Identification & Tracking
• Medical Diagnosis & Treatment
End Users Covered:
• Commercial
• Household
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliance
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Product Analysis
3.7 Application Analysis
3.8 End User Analysis
3.9 Emerging Markets
3.10 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Pet Wearable Market, By Product
5.1 Introduction
5.2 Monitors
5.3 Smart Cameras
5.4 Smart Collars
5.5 Smart Harnesses
5.6 Smart Vest
5.7 Translators
6 Global Pet Wearable Market, By Component
6.1 Introduction
6.2 Batteries
6.3 Displays
6.4 GPS Chips
6.5 Memory
6.6 Processors
6.7 RFID Chips
6.8 Sensors
6.9 Connectivity Integrated Circuits
6.9.1 Bluetooth Chips
6.9.2 Wi-Fi Chips
6.9.3 Cellular Chips
7 Global Pet Wearable Market, By Animal Type
7.1 Introduction
7.2 Livestock
7.3 Companion
8 Global Pet Wearable Market, By Distribution Channel
8.1 Introduction
8.2 E-Commerce
8.3 Franchised Outlets
8.4 Modern Trade
8.5 Specialty Stores
9 Global Pet Wearable Market, By Application
9.1 Introduction
9.2 Behaviour Monitoring & Control
9.3 Facilitation, Safety & Security
9.4 Fitness Monitoring
9.5 Identification & Tracking
9.6 Medical Diagnosis & Treatment
10 Global Pet Wearable Market, By End User
10.1 Introduction
10.2 Commercial
10.3 Household
11 Global Pet Wearable Market, By Geography
11.1 Introduction
11.2 North America
11.2.1 US
11.2.2 Canada
11.2.3 Mexico
11.3 Europe
11.3.1 Germany
11.3.2 UK
11.3.3 Italy
11.3.4 France
11.3.5 Spain
11.3.6 Rest of Europe
11.4 Asia Pacific
11.4.1 Japan
11.4.2 China
11.4.3 India
11.4.4 Australia
11.4.5 New Zealand
11.4.6 South Korea
11.4.7 Rest of Asia Pacific
11.5 South America
11.5.1 Argentina
11.5.2 Brazil
11.5.3 Chile
11.5.4 Rest of South America
11.6 Middle East & Africa
11.6.1 Saudi Arabia
11.6.2 UAE
11.6.3 Qatar
11.6.4 South Africa
11.6.5 Rest of Middle East & Africa
12 Key Developments
12.1 Agreements, Partnerships, Collaborations and Joint Ventures
12.2 Acquisitions & Mergers
12.3 New Product Launch
12.4 Expansions
12.5 Other Key Strategies
13 Company Profiling
13.1 Felcana
13.2 Fitbark
13.3 Garmin
13.4 Gopro
13.5 Kyon
13.6 Link AKC (WAGZ)
13.7 MotoRoLA Mobiltiy (Binatone)
13.8 Num’axes (Eyenimal)
13.9 Pawbo
13.10 Petpace
13.11 Pod Trackers
13.12 Scollar
13.13 Tractive
13.14 Whistle Labs
List of Tables
1 Global Pet Wearable Market Outlook, By Region (2018-2027) ($MN)
2 Global Pet Wearable Market Outlook, By Product (2018-2027) ($MN)
3 Global Pet Wearable Market Outlook, By Monitors (2018-2027) ($MN)
4 Global Pet Wearable Market Outlook, By Smart Cameras (2018-2027) ($MN)
5 Global Pet Wearable Market Outlook, By Smart Collars (2018-2027) ($MN)
6 Global Pet Wearable Market Outlook, By Smart Harnesses (2018-2027) ($MN)
7 Global Pet Wearable Market Outlook, By Smart Vest (2018-2027) ($MN)
8 Global Pet Wearable Market Outlook, By Translators (2018-2027) ($MN)
9 Global Pet Wearable Market Outlook, By Component (2018-2027) ($MN)
10 Global Pet Wearable Market Outlook, By Batteries (2018-2027) ($MN)
11 Global Pet Wearable Market Outlook, By Displays (2018-2027) ($MN)
12 Global Pet Wearable Market Outlook, By GPS Chips (2018-2027) ($MN)
13 Global Pet Wearable Market Outlook, By Memory (2018-2027) ($MN)
14 Global Pet Wearable Market Outlook, By Processors (2018-2027) ($MN)
15 Global Pet Wearable Market Outlook, By RFID Chips (2018-2027) ($MN)
16 Global Pet Wearable Market Outlook, By Sensors (2018-2027) ($MN)
17 Global Pet Wearable Market Outlook, By Connectivity Integrated Circuits (2018-2027) ($MN)
18 Global Pet Wearable Market Outlook, By Bluetooth Chips (2018-2027) ($MN)
19 Global Pet Wearable Market Outlook, By Wi-Fi Chips (2018-2027) ($MN)
20 Global Pet Wearable Market Outlook, By Cellular Chips (2018-2027) ($MN)
21 Global Pet Wearable Market Outlook, By Animal Type (2018-2027) ($MN)
22 Global Pet Wearable Market Outlook, By Livestock (2018-2027) ($MN)
23 Global Pet Wearable Market Outlook, By Companion (2018-2027) ($MN)
24 Global Pet Wearable Market Outlook, By Distribution Channel (2018-2027) ($MN)
25 Global Pet Wearable Market Outlook, By E-Commerce (2018-2027) ($MN)
26 Global Pet Wearable Market Outlook, By Franchised Outlets (2018-2027) ($MN)
27 Global Pet Wearable Market Outlook, By Modern Trade (2018-2027) ($MN)
28 Global Pet Wearable Market Outlook, By Specialty Stores (2018-2027) ($MN)
29 Global Pet Wearable Market Outlook, By Application (2018-2027) ($MN)
30 Global Pet Wearable Market Outlook, By Behavior Monitoring & Control (2018-2027) ($MN)
31 Global Pet Wearable Market Outlook, By Facilitation, Safety & Security (2018-2027) ($MN)
32 Global Pet Wearable Market Outlook, By Fitness Monitoring (2018-2027) ($MN)
33 Global Pet Wearable Market Outlook, By Identification & Tracking (2018-2027) ($MN)
34 Global Pet Wearable Market Outlook, By Medical Diagnosis & Treatment (2018-2027) ($MN)
35 Global Pet Wearable Market Outlook, By End User (2018-2027) ($MN)
36 Global Pet Wearable Market Outlook, By Commercial (2018-2027) ($MN)
37 Global Pet Wearable Market Outlook, By Household (2018-2027) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
For more details about research methodology, kindly write to us at info@strategymrc.com
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