SMART PET COLLAR Market Size, Share, Drivers, Restraints, Growth Statistics, Regional Analysis Until 2032 | Garmin, Whistle

A smart pet collar is a wearable device designed for animals, typically cats or dogs, that incorporates various technological features to enhance the care, safety, and monitoring of pets. These collars often include a combination of sensors, connectivity options, and tracking capabilities to provide pet owners with valuable information and control over their pets' well-being. Many smart pet collars come equipped with GPS technology, allowing owners to track their pet's location in real-time through a mobile app. This feature is particularly useful for locating lost or wandering pets. Many smart pet collars come equipped with GPS technology, allowing owners to track their pet's location in real-time through a mobile app. This feature is particularly useful for locating lost or wandering pets. Some smart collars can monitor a pet's physical activity, such as steps taken, distance traveled, and calories burned. This information can help pet owners ensure their pets are getting enough exercise and staying healthy. Advanced smart collars may include sensors that monitor a pet's vital signs, such as heart rate or respiration rate. This information can be shared with veterinarians to track a pet's health and detect potential issues early. Smart collars may store essential information about the pet, such as identification details, vaccination records, and emergency contact information. This information can be accessed through the collar in case the pet is lost or injured.

The Smart pet collar Market was valued at USD 415 Billion in 2023 and is expected to register a CAGR of 11.1% by 2032.

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Pet owners are increasingly concerned about the safety and security of their pets. Smart collars with GPS tracking and geofencing features provide peace of mind by helping owners locate their pets if they go missing and prevent them from wandering into dangerous areas. As pet health becomes a top priority for owners, smart collars with health monitoring features, such as activity tracking and vital signs monitoring, allow owners to proactively manage their pets' well-being and detect health issues early. The trend of urbanization means more people are living in densely populated areas with limited outdoor space. Smart pet collars help urban pet owners ensure their pets get enough exercise and monitor their safety in crowded environments. These are the key factors expected to drive global market growth during the forecast period.

The global smart pet collar market is segmented on the following basis:

On the Basis of Product Type:

• GPS Based
• Radio Based
• Others

On the Basis of Application:

• Training
• Tracking
• Monitoring

On the Basis of Component:

• Displays
• GPS Chips
• Bluetooth Chips
• Sensors

On the Basis of Sales Channel:

• Online Sales Channel
• Offline Sales Channel
• Multi-Brand Stores
• Supermarkets/ Hypermarkets
• Other Sales Channel

On the Basis of Price:

• Mass/ Economic
• Premium

The global market players of smart pet collar consist of some leading players which are as follows:

• Garmin
• Whistle
• Fit Bark
• Findster
• Link AKC
• KYON
• Tractive
• Pet Pace
• PETBLE
• Find My Pet
• DOTT, and others

Consumption by Region:

• North America (The USA, Canada)
• Latin America (Mexico, Brazil, Rest of LATAM)
• Europe (Germany, The United Kingdom, France, Italy, Spain, Poland, Russia, Rest of Europe)
• East Asia (China, Japan, South Korea)
• South Asia (India, Thailand, Malaysia, Vietnam, Indonesia)
• Oceania (Australia, New Zealand)
• Middle East & Africa (GCC Countries, Turkey, Northern Africa, South Africa)

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KEY DEVELOPMENTS:

• Tractive recently launched a GPS tracker and activity monitor for cats, this enables the owners to discover where the cat goes, how much time the cat spends in various locations, and find whenever is required.
• Fit Bark partnered with Fit Bit, which allows them to add more features in smart pet collars so that the device can track daily distance walked including calories burned.

Key highlights Of the Report:

· The study includes an analytical depiction of the global market, covering current and upcoming market trends, and market investments during the forecast period
· In-depth analysis of competitive landscape, global position, revenue standing, license agreement, and business expansion plans of each market player along with strategic alliances such as mergers and acquisitions, collaborations, joint ventures, and product launches.
· Detailed information about market size, share, opportunities, key drivers, restraints, challenges, and possible risks
· Brief about impact of COVID-19 on the global market

Objectives of the Report:

· Analyze and forecast market size of global Smart pet collar market by value and volume
· Estimate market size, share, revenue CAGR
· Analyze and study micro markets in terms of contributions to the Smart pet collar market, their individual growth trends, and prospects
· Provide precise insights into crucial details concerning the factors that propel and influence the expansion of the Smart pet collar market.
• Deliver a comprehensive overview along with profiles of key stakeholders, detailing their business strategies encompassing aspects like investments in research and development, collaborations, partnerships, mergers and acquisitions, product debuts, and joint ventures.

Frequently Asked Questions:

· What are some of the biggest challenges for the global Smart pet collar market?
· What are the key outcomes of Porter's five forces and SWOT analysis?
· Which key factors are expected to boost global market revenue growth during the forecast period?
· Which key factors are expected to hamper overall growth of the Smart pet collar market between 2024 and 2032?
· What is the role of new market players in expanding their presence in the global Smart pet collar market?
· Which application segment is expected to account for the largest revenue share over the forecast period?
· Which region is expected to account for the largest revenue share in the global market during the forecast period?
· What revenue CAGR is the Asia Pacific market expected to register during the forecast period?

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Key Questions Covered in the Report:

· What is the expected market size of the global Smart pet collar market during the forecast period?
· Which regional market is expected to lead in terms of revenue share over the forecast period?
· What key factors are expected to drive global market revenue growth between 2023 and 2028?
· Who are the key players operating in the Smart pet collar market?
Silent Features of The Report:
· Detailed Analysis of The Global Smart pet collar Market In Terms Of Drivers, Restraints, Growth Opportunities, Challenges And Risks
· Latest Developments and Trends In The Global Market
· Historical And Current Data
· Competitive Landscape and Strategic Alliances Of Key Companies
· Impact Of COVID-19 On the Smart pet collar Industry
Do You Have Questions About How the COVID-19 Pandemic Has Affected the Smart pet collar Market?

Smart pet collar Market Overview:

The global Smart pet collar market size is expected to register a robust revenue share throughout the forecasted timeframe. The report offers detailed insights into factors that can drive and hamper overall market growth during the coming years. The purpose of this report is to provide a detailed overview of the Smart pet collar industry to help consumers and avid readers understand market dynamics and make investment plans accordingly.

COVID-19 Impact on the Global Smart pet collar Market:

The COVID-19 pandemic has drastically affected overall market with an untimely lockdown, shortage of labor due to gathering restrictions, slowing of manufacturing, and fluctuations in demand and supply of products. However, the situation is expected to change due to increasing vaccination drives and reducing COVID-19 cases.

Competitive Landscape:

The global market is highly fragmented and comprises various market players operating at global and regional levels. The report offers a detailed review of each market player including their business expansion plans, global standing, research and development plans, and product launches. Moreover, it also sheds light on how market players are planning various strategic alliances to retain their market position and enhance their product base.

The report includes:

· Company Name
· Business Information
· SWOT Analysis
· Sales, Revenue, Price and Gross Margin
· Market Share

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