openPR Logo
Press release

Pet Wearable Market: Global Industry Analysis, Size, Sales and Forecast By 2024 : - PetPace Ltd., Nedap N.V., Loc8tor Ltd., and DeLaval Inc - Accelerate at CAGR of 12.0% Through

05-25-2018 06:39 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Research Report Insights

Pet Wearable Market: Global Industry Analysis, Size, Sales

The pet wearable industry has revealed hefty expansion owing to the increasing awareness among the pet owners about pet comfort. Moreover, increasing attachment of pet owners with their pets for companionship, entertainment, fitness and mental wellbeing has resulted in more spending by them on their companion than earlier which is anticipated to further boost the market growth.

Qualified Analyst Investigate the Market to Technology and Application. In terms of application, identification and tracking currently accounts for a leading share in the demand for pet wearables.
Report For Report Sample:
https://www.researchreportinsights.com/report/sample/110114561/Pet-Wearable-Market

The Report employs comprehensive and constant analysis methodology focused on minimizing aberrance in order to provide the most accurate and simplified estimates and forecast possible. The company utilizes a combination of bottom-up and top-down approaches for segmenting and estimating quantitative aspects of the market.

Pet Wearable Market to Accelerate at CAGR of 12.0% Through 2024

“There are a lot of challenges with dogs at the moment,” says Andrew Nowell, one of the founders of PitPat, who previously worked on wearable tech for humans. About 4 million of the UK’s 9 million dogs are burluy, and about 25% are left home alone. So in terms of pet care, it’s deteriorating. Hence this creates an urge of awareness for safety, fitness and health. Further rise of wearable technology has added fuel to Growth of this market.

World Pet wearable market is further carved into Identification and Tracking (On the basis of application) which could account for a colossal share. However, this segment is projected to eyewitness a slight downturn in the coming decade. This could be because of the oppurtunity of alternate products with more refined and advanced features. The demand for medical diagnosis devices is forecast to hike due to the swelling awareness about pet fitness and health among owners, mainly in Europe and North America. Medical diagnosis and treatment coupled with abetment, safety, and security could account for more than a 25.0% of the market by 2024.

Global Pet Wearable Market: Geological Reasoning

Europe and North America are portened to brandish an aggregate share of close to a 75.0% between 2016 and 2024. These major regions of the international pet wearable market could experience a high sewage of products in the formable future. This could be due to rigid animal treatment standards and higher purchasing power of consumers therein. Severe regulations have constrained pet owners to buy products such as behavior modification devices and bark collars. The adoption of such devices could be organised by the presence of telecommunication technologies and advanced wireless infrastructure.

Asia Pacific is expected to amass a decent growth in the international pet wearable market owing to a high demand for radio-frequency identification (RFID) and global positioning system (GPS)-based control, behavior monitoring, tracking, and identification. The regional market could expand at a quick pace during the course of the forecast period.

Request Report Discount: https://www.researchreportinsights.com/report/discount/110114561/Pet-Wearable-Market

Global Pet Wearable Market: Key Players

The worldwide pet wearable market is envisioned to honor Whistle Labs Inc., PetPace Ltd., Nedap N.V., Loc8tor Ltd., and DeLaval Inc. as key players. In order to cash in on industry gains, players could take to strategic expansion as a powerful business strategy.

Global Pet Wearable Market (By Technology)

GPS

RFID

Sensors

Global Pet Wearable Market (By Application): Medical Diagnosis and Treatment, Behavior Monitoring and Control, Facilitation, Safety, and Security, Identification and Tracking

Global Pet Wearable Market (By Geography)

North America, U.S., Rest of North America, Europe, U.K, Germany,France, Rest of Europe, Asia Pacific (APAC), Japan, India, China, Rest of APAC, Middle East and Africa (MEA), U.A.E., Qatar, South Africa, Rest of MEA, Latin America, Brazil, Argentina, Rest of Latin America.

Report Analysis: https://www.researchreportinsights.com/report/rd/110114561/Pet-Wearable-Market

About Us:
Research Report Insights (RRI) is a leading market intelligence and consulting firm. We deliver a host of services including custom research reports, syndicated research reports, and consulting services which are personalised in nature. RRI delivers a complete packaged solution to clients; this combines current market intelligence, technology inputs, statistical anecdotes, valuable growth insights, 360-degree view of the competitive framework, and anticipated market trends.
Our research services cover global as well as regional emerging markets such as BRICS, GCC, and ASEAN. Our offerings cover a broad spectrum of verticals which include Oil and Gas, Chemicals, Materials, Energy, Technology, Automotive, and Retail. The operating model of RRI blends cross-disciplinary research experience to deploy insightful, in-depth, and actionable research.

Contact Us:
Research Report Insights (RRI)
101 Maimuna Apartment
Koliwada Vasai West
Mumbai-401201
Phone - (+91) 787-575-8555
Website: https://www.researchreportinsights.com/
Email: sales@researchreportinsights.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Pet Wearable Market: Global Industry Analysis, Size, Sales and Forecast By 2024 : - PetPace Ltd., Nedap N.V., Loc8tor Ltd., and DeLaval Inc - Accelerate at CAGR of 12.0% Through here

News-ID: 1061680 • Views:

More Releases from Research Report Insights

Automotive Brake System Market 5.7% of CAGR throughout 2017-2022 Research Report Insights
Automotive Brake System Market 5.7% of CAGR throughout 2017-2022 Research Report …
The global automotive brake system market is anticipated to witnessing a substantial growth due to fresh prospects of the automotive industry in emerging along with developing economies and increased safety concerns by the government. It was stated in the report that the overall growth of the market is expected to reach a market value of above US$ 25 Billion through 2022, exhibiting a strong 5.7% of CAGR throughout 2017-2022. In modern
Automotive Brake System Market 2022 | Continental AG, Robert Bosch GmbH, Wabco Holdings, Inc., ZF Friedrichshafen AG, Aisin Seiki Co, Ltd., Knorr-Bremse AG, Akebono Brake Industry Co. Ltd
Automotive Brake System Market 2022 | Continental AG, Robert Bosch GmbH, Wabco H …
The global automotive brake system market is anticipated to witnessing a substantial growth due to fresh prospects of the automotive industry in emerging along with developing economies and increased safety concerns by the government. It was stated in the report that the overall growth of the market is expected to reach a market value of above US$ 25 Billion through 2022, exhibiting a strong 5.7% of CAGR throughout 2017-2022. In modern
Tarpaulin Sheets Market These factors, thus, are likely to boost the plastic mar …
A tarpaulin is a big sheet of water-proof material available in various sizes, generally being crafted from plastic like HDPE, LDPE. Tarps can be used to refuge any kind of items. Tarpaulins can efficiently be used to cover goods in the course of shipping and then they also can be used to house goods internal of a truck body so they are not uncovered to the elements. The Tarpaulin Sheets Market
Research Report Insights present kayaks market by 21 percent, or over by $42 mil …
Kayaking is a watersport which involves paddling using a double-bladed oar and a small boat known as a kayak. The boats come in a variety of sizes and types, depending on their intended use, but most kayaks feature an enclosed deck which covers the legs. The boat sits low in the water & usually only accommodates the single paddler, but tandem kayaks hold two people and some boats hold three

All 5 Releases


More Releases for Pet

Pet Travel Services Market 2020 PetSino IPATA Happy Tails Travel Pet Travel PetR …
With the slowdown in world economic growth, the Pet Travel Services industry has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, Pet Travel Services market size to maintain the average annual growth rate of 15 from XXX million $ in 2014 to XXX million $ in 2019, BisReport analysts believe that in the next few years, Pet Travel Services market size will
Pet Veterinary Diets Market 2019 Industry Dynamics - Mars, Farmina Pet Foods, Ni …
Recent market research study Global Pet Veterinary Diets Market 2019-2024 now available with Fior Markets provides a comprehensive market analysis based on past and current situation of the market. The report covers future trends, current growth drivers, thoughtful insights, facts, market valuation, competitive spectrum, regional share, and revenue predictions. The report shows the market size, share, business growth enhancers, and obstructers, prior and current trends being followed by the market.
Recycled PET Market Share, Recycled PET Market Size, Recycled PET Market Trends, …
Scope of the Report: This study provides an overview of the global recycled PET market, tracking one market segment across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for
Pet Care Products Market is Booming Worldwide | Mars, Merrick Pet Care, Central …
HTF MI released a new market study on Global Pet Care Products Market with 100+ market data Tables, Pie Chat, Graphs & Figures spread through Pages and easy to understand detailed analysis. At present, the market is developing its presence. The Research report presents a complete assessment of the Market and contains a future trend, current growth factors, attentive opinions, facts, and industry validated market data. The research study provides
Pet Furniture Market Is Booming Worldwide | Go Pet Club, North American Pet Prod …
HTF MI recently introduced Global Pet Furniture Market study with in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status to 2023. The market Study is segmented by key regions which are accelerating the marketization. At present, the market is developing its presence and some of the key players from the complete study are Go Pet Club, North American Pet Products, MidWest Homes for Pets,
Pet Utility Products Market 2018- Advanced Pet Products, IRIS USA Inc, Costal Pe …
This report studies the global market size of Pet Utility Products in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Pet Utility Products in these regions. Request a Sample of this Report@ http://www.orbisresearch.com/contacts/request-sample/2304884 This research report categorizes the global Pet Utility Products market by players/brands, region, type and application. This report also studies the global market status, competition