Pet Wearable Market
PUBLISHED: 2020 ID: SMRC19585
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Pet Wearable Market

Pet Wearable - Global Market Outlook (2019-2027)

4.2 (79 reviews)
4.2 (79 reviews)
Published: 2020 ID: SMRC19585

This report covers the impact of COVID-19 on this global market

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


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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