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Major Force in the Smart Pet Locator And Motion Detector Market 2025: Increasing Pet Ownership Driving The Growth Of The Smart Pet Locator And Motion Detector Market

02-13-2025 02:08 PM CET | IT, New Media & Software

Press release from: The Business Research Company

Smart Pet Locator And Motion Detector Market Size

Smart Pet Locator And Motion Detector Market Size

How Will the Smart Pet Locator And Motion Detector Market Grow, and What Is the Projected Market Size?
There has been a significant growth in the market size of the smart pet locator and motion detector in the past few years. The market, which is estimated to be valued at $100.44 billion in 2024, is predicted to increase to $110.06 billion in 2025 with a compound annual growth rate (CAGR) of 9.6%. The growth during the historical period is due to factors such as heightened awareness about pet safety, increase in cases of lost pets, expansion of e-commerce platforms, urbanization growth, as well as an uptick in outdoor activities involving pets.

The market for smart pet locators and motion detectors is anticipated to witness significant expansion in the coming years. It is projected to reach $156.58 billion by 2029, growing at a compound annual growth rate (CAGR) of 9.2%. Factors such as increasing pet adoption, heightened awareness about pet safety, growth in disposable income, rising demand for immediate tracking and monitoring and increasing consciousness about pet health care are driving the growth during the forecast period. Key trends expected to shape the market during the forecast period encompass advancements in technology, integration with intelligent home systems, AI-driven pet tracking, the use of bluetooth technology, and subscription-oriented services.

What Key Elements Are Boosting Growth in the Smart Pet Locator And Motion Detector Market?
The surge in pet ownership has been identified as a key driver for the expansion of the smart pet locator and motion detector market. Owning a pet involves a legal and moral obligation to look after a tamed animal as a pet. The heightened rate of pet ownership has been related to several reasons such as that of emotional support and companionship, enhanced quality of life, urban growth, evolving family structures, and growing cognizance of the positive effects owning a pet can have on health and overall wellness. These devices are often employed by pet owners to enhance the safety of their pets, keep track of their activities and give them a sense of security. For instance, The American Veterinary Medical Association, a not-for-profit organization based in the U.S, reported a slight rise in the percentage of households owning at least one cat, from 26% in 2020 to 29% in November 2024. Thus, the uptick in pet ownership is fueling the development of the smart pet locator and motion detector market.

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Who Are the Major Industry Players Fueling Smart Pet Locator And Motion Detector Market Expansion?
Major companies operating in the smart pet locator and motion detector market are Tractive GmbH, Whistle Labs Inc., Petsafe, Pitpatpet Ltd., Weenect SAS, Invoxia SA, PetPace Ltd., Link My Pet Wearables Inc., Kippy Srl, Petrics Inc., KYON LLC, Wagz Inc., Findster Technologies SA, Pawfit, Girafus Technology GmbH, Halo Collar Inc., Cube Tracker LLC, Dynotag Inc., Aarvi Trade Solution Private Limited, FitBark Inc., FitBark Information, Jiobit Inc.

Which Key Developments Are Influencing the Smart Pet Locator And Motion Detector Market?
Leading firms in the smart pet locator and motion detection market are putting their focus on the development of cutting-edge technologies such as AI wearables for pets. These products aim to enhance general pet safety and tracking features. These AI pet wearables incorporate artificial intelligence into a wearable gadget equipped with sensors. These sensors are capable of tracking the pet's location, monitoring health metrics, and scrutinizing their behavior patterns. Invoxia, a France-based consumer electronics firm, for example, launched the Minitailz Smart Pet Tracker in January 2024. This sophisticated gadget is an AI wearable for both cats and dogs, which integrates high-tech sensors that analyze and track heart rate variability (HRV), offering important information about the cardiovascular health of the pet. In addition to this, it also offers GPS tracking for real-time location monitoring, ensuring lost pets can be easily located and retrieved. This wearable device is designed to be lightweight and comfortable, allowing for continuous and non-intrusive monitoring of pets.

How Is the Segmentation of the Smart Pet Locator And Motion Detector Market Defined?
The smart pet locator and motion detector market covered in this report is segmented -

1) By Type: With Display, Without Display
2) By Application: Training, Tracking, Monitoring
3) By Sales Channels: Offline, Online

Subsegments:
1) By With Display: Handheld Displays, Wearable Displays, Smartphone-Connected Displays
2) By Without Display: GPS-Based Trackers, Bluetooth-Based Trackers, RFID-Based Trackers

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What Is the Leading Region in the Smart Pet Locator And Motion Detector Market?
North America was the largest region in the smart pet locator and motion detector in 2024. The regions covered in the smart pet locator and motion detector market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

What Is Covered In The Smart Pet Locator And Motion Detector Global Market Report?

- Market Size Analysis: Analyze the Smart Pet Locator And Motion Detector Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Smart Pet Locator And Motion Detector Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Smart Pet Locator And Motion Detector Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Smart Pet Locator And Motion Detector Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.

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