1 / 7

Pet Wearable Market Growth Potential & Forecast, 2032

Pet Wearables Market is anticipated to grow considerably through 2032, owing to a surge in pet adoption across the globe. An increasing number of pets has impelled the demand for advanced monitoring & tracking devices, especially across North America. Pet wearable devices help control and track the movement of companion animals. Besides, modern devices work as animal translators, help to analyze pet manners, needs, and moods, and enhance the relationship between pet and owner.

sudeepkedar77
Télécharger la présentation

Pet Wearable Market Growth Potential & Forecast, 2032

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Pet Wearable Market 2023-2032; Growth Forecast & Industry Share Report

  2. Industry Insights • Pet Wearables Market is anticipated to grow considerably through 2032, owing to a surge in pet adoption across the globe. An increasing number of pets has impelled the demand for advanced monitoring & tracking devices, especially across North America. Pet wearable devices help control and track the movement of companion animals. Besides, modern devices work as animal translators, help to analyze pet manners, needs, and moods, and enhance the relationship between pet and owner. • Based on the product, the smart vest segment is anticipated to grow considerably through 2032. Smart vests are being increasingly used by pet owners to enhance pet safety. They also offer a range of features that empower owners to track their pet's activity levels, such as their exercise, sleep, and rest patterns. • By technology, the GPS segment has been gaining massive momentum over the past few years. GPS trackers help detect the real-time location of the pet. Besides, an increasing number of innovative smart collars integrated with GPS trackers are now available at reasonable prices, which is anticipated to spur its adoption in the coming future.

  3. Considering the application, the medical diagnosis & treatment segment held over 20% market share in 2022. Increasing pet ownership and rising awareness regarding the health and fitness of pets will drive the adoption of advanced pet wearables for medical diagnosis and treatment during the estimated timeframe. • In terms of end-use, the commercial segment is expected to grow positively during 2023-2032. Increasing adoption of pet wearables for horses and livestock for analyzing and monitoring their fitness and health in commercial applications will support the segmental growth. Besides, these devices offer a range of integrated GPS equipment for livestock, aiding detection of predator activity & health conditions.

  4. Regional Analysis Europe pet wearables market will grow at over 10% CAGR through 2032. The regional growth will come from the increasing trend of pet adoption among the baby boomer generation and young millennials, fueled by the quick pace of social and economic change. Moreover, as younger generation of professionals become more solitary, a high demand for the pet wearable devices in the region would escalate the market dynamics in the near future. • Competitive Analysis • Wagz, Inc., Whistle Labs (Mars Incorporated), Tractive, Scollar, Inc., Petcube, Inc., PetPace LLC, Nedap NV, Loc8tor, Ltd., IceRobotics Ltd. (Peacock Technology), Halo Collar, Garmin International, Inc., Fitbark, Inc., Dogtra, and Afimilk Ltd

  5. Pet Wearable Market @ https://www.gminsights.com/industry-analysis/pet-wearable-market Request for sample of this research report @ https://www.gminsights.com/request-sample/detail/151 Request for customization: https://www.gminsights.com/roc/151

  6. Stay In Touch Social Media:

  7. THANK YOU www.gminsights.com

More Related