Pet Wearable Market by Component (GPS Chips, RFID Chips, Sensors, Wi-Fi, Cellular, Bluetooth Chips, Processors, Memory, Displays, Batteries), Product (Smart Collars, Smart Cameras, Smart Harnesses), and Region - Global Forecast to 2024

Pet Wearable Market by Component (GPS Chips, RFID Chips, Sensors, Wi-Fi, Cellular, Bluetooth Chips, Processors, Memory, Displays, Batteries), Product (Smart Collars, Smart Cameras, Smart Harnesses), and Region - Global Forecast to 2024

“Pet Wearable market to grow at CAGR of 19.6% from 2019 to 2024”
The pet wearable market is expected to grow from USD 703 million in 2019 to USD 1,718 million by 2024 at a CAGR of 19.6%. The growth of the pet wearable market can be attributed to the surging demand for IoT in pet tracking devices, increasing concerns toward pet health and well-being, and rising pet population and pet humanization. However, high power consumption and limited battery life of pet wearable devices are restraining the market growth.

“Smart harness to register the highest CAGR in the overall market during the forecast period”
A smart harness is fastened around a pet’s body and is equipped with numerous technologies and sensors to sense and monitor the pet’s posture, body language, and the sounds it makes. The smart harness also includes physiological sensors that monitor the pet’s heart rate and body temperature. The sensors not only track a dog's physical well-being but can offer information on a dog's emotional state, such as whether it is excited or stressed. The technology could be particularly useful for guiding dogs and monitoring their health. For example, a Japanese company created a harness-like device called Inupathy. It monitors the heart rate of pets; the device uses a sensor to analyses a dog’s heartbeat variation and contains multicolored LEDs that represent the emotional state of these pets. For example, red for excited, blue for relaxed, white for focused, and multiple colors for happiness. This allows owners to understand their pets better and maintain a strong bonding with them.

“Sensors to hold the largest size of pet market throughout the forecast period”
Sensors collect information about the pet’s vital signs and analyze the collected data to alerts pet owners with first signs of any trouble. There are various types of sensors such as temperature sensors, heart rate sensors, image sensors, accelerometers, and water sensors available in the market for different applications of pet wearables such for advanced functionalities such as tracking the pet’s exact movement, activities, pet behavior, as well as monitor health-related bio-metric data during these activities. Moreover, the growing trend toward smaller, smarter, and cheaper sensors with improved compatibility is driving the demand for sensors in pet wearables.

“Pet wearable market in APAC expected to grow at highest CAGR during the forecast period”
The pet wearable market in APAC is anticipated to grow at a substantial growth owing to the urbanization and rise in the popularity of pets. Many vendors are extending their businesses to emerging countries of APAC such as China, Japan, and India. The rise in per capita income and disposable incomes in developed and developing countries is leading to a significant change in spending habits pertaining to pet fitness and wellbeing. With the rising disposable incomes and an exponential increase in pet health consciousness among pet owners, there is a growing demand for fitness technology products such as pet smart collars, smart cameras, and fitness trackers in these developing economies. Countries with increasing disposable incomes will continue to be the major contributors to the pet wearable market, thereby resulting in high growth opportunities.

Breakdown of Profile of Primary Participants:
By Company Type: Tier 1 – 27%, Tier 2 – 41%, and Tier 3 – 32%
By Designation: C-Level Executives – 26%, Directors – 40%, and Others – 34%
By Region: North America – 47%, Europe – 28%, APAC – 19%, and RoW – 6%

Whistle Labs (US), PetPace (US), Garmin (US), FitBark (US), Tractive (Austria), Link AKC (US), Motorola (US), Num’Axes /EYENIMAL (France), KYON (Greece), Scollar (US), GoPro (US), and Felcana (UK) are a few key players in the pet wearable market.

Research Coverage:
The study covers the pet wearable market. It aims to estimate the size and growth potential of this market, across different segments, such as product, component, and geography. The study also includes an in-depth competitive analysis of key market players, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.

Key Benefits of Buying This Report:
The report will help leaders/new entrants in this market with information on the closest approximations of revenue numbers for the overall pet wearable market and the market based on segments covered in this report. This report will help stakeholders understand the competitive landscape and gain more insights to better position their businesses and plan suitable go-to-market strategies. The report will also help stakeholders understand the pulse of the market and provide them with information on key market drivers, restraints, challenges, and opportunities.


  • INTRODUCTION
    • STUDY OBJECTIVES
    • DEFINITION
    • STUDY SCOPE
      • MARKETS COVERED
      • GEOGRAPHIC SCOPE
      • YEARS CONSIDERED
    • CURRENCY
    • PACKAGE SIZE
    • LIMITATIONS
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • MARKET SIZE ESTIMATION
      • BOTTOM-UP APPROACH
      • TOP-DOWN APPROACH
    • MARKET BREAKDOWN AND DATA TRIANGULATION
    • RESEARCH ASSUMPTIONS
  • EXECUTIVE SUMMARY
  • PREMIUM INSIGHTS
    • ATTRACTIVE OPPORTUNITIES IN PET WEARABLE MARKET
    • PET WEARABLE MARKET, BY PRODUCT (THOUSAND UNITS)
    • PET WEARABLE MARKET FOR SENSORS, BY PRODUCT (THOUSAND UNITS)
    • PET WEARABLE MARKET IN APAC
    • PET WEARABLE MARKET, BY GEOGRAPHY
  • MARKET OVERVIEW
    • INTRODUCTION
      • DRIVERS
      • RESTRAINT
      • OPPORTUNITY
      • CHALLENGES
  • PET WEARABLE MARKET, BY COMPONENT
    • GPS CHIPS
      • Table PET WEARABLE MARKET FOR GPS CHIPS, BY PRODUCT, 2016-2024 (THOUSAND UNITS)
    • RFID CHIPS
      • Table PET WEARABLE MARKET FOR RFID CHIPS, BY PRODUCT, 2016-2024 (THOUSAND UNITS)
    • CONNECTIVITY INTEGRATED CIRCUITS
      • BLUETOOTH CHIPS
        • Table PET WEARABLE MARKET FOR BLUETOOTH CHIPS, BY PRODUCT, 2016-2024 (THOUSAND UNITS)
      • WI-FI CHIPS
        • Table PET WEARABLE MARKET FOR WI-FI CHIPS, BY PRODUCT, 2016-2024 (THOUSAND UNITS)
      • CELLULAR CHIPS
        • Table PET WEARABLE MARKET FOR CELLULAR CHIPS, BY PRODUCT, 2016-2024 (THOUSAND UNITS)
    • SENSORS
      • Table PET WEARABLE MARKET FOR SENSORS, BY PRODUCT, 2016-2024 (THOUSAND UNITS)
    • PROCESSORS
      • Table PET WEARABLE MARKET FOR PROCESSORS, BY PRODUCT, 2016-2024 (THOUSAND UNITS)
    • MEMORY
      • Table PET WEARABLE MARKET FOR MEMORY, BY PRODUCT, 2016-2024 (THOUSAND UNITS)
    • DISPLAYS
      • Table PET WEARABLE MARKET FOR DISPLAYS, BY PRODUCT, 2016-2024 (THOUSAND UNITS)
    • BATTERIES
      • Table PET WEARABLE MARKET FOR BATTERIES, BY PRODUCT, 2016-2024 (THOUSAND UNITS)
    • OTHERS
      • Table PET WEARABLE MARKET FOR OTHER COMPONENTS, BY PRODUCT, 2016-2024 (THOUSAND UNITS)
  • PET WEARABLE MARKET, BY PRODUCT
    • INTRODUCTION
      • Table GLOBAL PET WEARABLE MARKET, BY PRODUCT, 2016-2024 (USD MILLION)
      • Table GLOBAL PET WEARABLE MARKET, BY PRODUCT, 2016-2024 (THOUSAND UNITS)
    • SMART COLLARS
      • SMART COLLARS ACCOUNTED FOR THE LARGEST SHARE OF THE OVERALL PET WEARABLE MARKET IN 2018.
        • Table PET WEARABLE MARKET FOR SMART COLLARS, BY COMPONENT, 2016-2024 (MILLION UNITS)
        • Table PET WEARABLE MARKET FOR SMART COLLARS, BY REGION, 2016-2024 (USD MILLION)
    • SMART CAMERAS
      • POTENTIAL OF AI TO BRING NEW CAPABILITIES TO PET SMART CAMERA MARKET
        • Table PET WEARABLE MARKET FOR SMART CAMERAS, BY COMPONENT, 2016-2024 (THOUSAND UNITS)
        • Table PET WEARABLE MARKET FOR SMART CAMERAS, BY REGION, 2016-2024 (USD MILLION)
    • SMART HARNESSES
      • SMART HARNESS EXPECTED TO GROW AT HIGHEST CAGR DURING THE FORECAST PERIOD
        • Table PET WEARABLE MARKET FOR SMART HARNESSES, BY COMPONENT, 2016-2024 (THOUSAND UNITS)
        • Table PET WEARABLE MARKET FOR SMART HARNESSES, BY REGION, 2016-2024 (USD MILLION)
  • PET WEARABLE MARKET, BY REGION
    • INTRODUCTION
      • Table GLOBAL PET WEARABLE MARKET, BY REGION, 2016-2024 (USD MILLION)
    • NORTH AMERICA
      • Table PET WEARABLE MARKET IN NORTH AMERICA, BY PRODUCT, 2016-2024 (USD MILLION)
      • Table PET WEARABLE MARKET IN NORTH AMERICA, BY COUNTRY, 2016-2024 (USD MILLION)
      • US
      • CANADA
      • MEXICO
    • EUROPE
      • Table PET WEARABLE MARKET IN EUROPE, BY PRODUCT, 2016-2024 (USD MILLION)
      • Table PET WEARABLE MARKET IN EUROPE, BY COUNTRY, 2016-2024 (USD MILLION)
      • UK
      • GERMANY
      • FRANCE
      • ROE
    • ASIA PACIFIC
      • Table PET WEARABLE MARKET IN APAC, BY PRODUCT, 2016-2024 (USD MILLION)
      • Table PET WEARABLE MARKET IN APAC, BY COUNTRY, 2016-2024 (USD MILLION)
      • JAPAN
      • CHINA
      • AUSTRALIA
      • ROAPAC
    • ROW
      • Table PET WEARABLE MARKET IN ROW, BY PRODUCT, 2016-2024 (USD MILLION)
      • Table PET WEARABLE MARKET IN ROW, BY REGION, 2016-2024 (USD MILLION)
      • SOUTH AMERICA
        • Table PET WEARABLE MARKET IN SOUTH AMERICA, BY COUNTRY, 2016-2024 (USD MILLION)
      • MIDDLE EAST & AFRICA
        • Table PET WEARABLE MARKET IN MIDDLE EAST & AFRICA, BY REGION, 2016-2024 (USD MILLION)
  • COMPETITIVE LANDSCAPE
    • INTRODUCTION
    • MARKET RANKING ANALYSIS: PET WEARABLE MARKET
    • COMPETITIVE SITUATIONS AND TRENDS
      • PRODUCT LAUNCHES AND DEVELOPMENTS
        • Table PRODUCT LAUNCHES AND DEVELOPMENTS (2016-2019)
      • PARTNERSHIPS AND COLLABORATIONS
        • Table PARTNERSHIPS AND COLLABORATIONS (2016-2018)
      • ACQUISITIONS
        • Table ACQUISITIONS (2015-2018)
    • COMPETITIVE LEADERSHIP MAPPING
      • VISIONARY LEADERS
      • INNOVATORS
      • DYNAMIC DIFFERENTIATORS
      • EMERGING COMPANIES
  • COMPANY PROFILES
    • KEY PLAYERS
      • PETPACE
      • GARMIN
      • MOTOROLA MOBILTIY (BINATONE)
      • FITBARK
      • WHISTLE LABS
      • TRACTIVE
      • LINK AKC (WAGZ)
      • NUM'AXES (EYENIMAL)
      • KYON
    • OTHER COMPANIES
      • GOPRO
      • PAWBO
      • LOC8TOR
      • POD TRACKERS
      • FELCANA
      • SCOLLAR
      • INVOXIA
      • DOGTRA
      • XIOMI
      • RAWR
  • APPENDIX
    • INSIGHTS FROM INDUSTRY EXPERTS
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS
    • AUTHOR DETAILS

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