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Increasing Pet Ownership Driving The Growth Of The Smart Pet Locator And Motion Detector Market: Key Factor Driving The Growth In The Smart Pet Locator And Motion Detector Market
Smart Pet Locator And Motion Detector
What Is the Expected Smart Pet Locator And Motion Detector Market Size During the Forecast Period?
The smart pet locator and motion detector market is set to grow from $100.44 billion in 2024 to $110.06 billion in 2025 at a CAGR of 9.6%. This market growth is driven by increased awareness of pet safety, the rising number of lost pets, the growth of e-commerce platforms, urbanization, and more outdoor activities with pets.
The smart pet locator and motion detector market is forecasted to reach $156.58 billion by 2029, growing at a CAGR of 9.2%. Contributing factors include rising pet ownership, growing safety awareness, higher disposable income, real-time tracking demand, and pet health consciousness. Trends include smart home integration, AI-powered tracking, Bluetooth use, and subscription-based features.
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What Are the High-Growth Segments in the Smart Pet Locator And Motion Detector Market?
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 Key Drivers Are Expected to Influence Future Smart Pet Locator And Motion Detector Market Growth?
The increasing trend of pet ownership is expected to drive the growth of the smart pet locator and motion detector market. As pet ownership rises due to factors such as companionship and health benefits, owners are increasingly using smart devices to monitor and ensure the safety of their pets. The American Veterinary Medical Association reported in November 2024 that the percentage of U.S. households owning a cat rose from 26% in 2020 to 29% in 2022, further propelling the growth of the smart pet tracker market.
Which Companies Hold the Largest Share Across Different Smart Pet Locator And Motion Detector Market Segments?
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.
What Trends Are Expected to Dominate the Smart Pet Locator And Motion Detector Market in the Next 5 Years?
Leading companies in the smart pet locator and motion detector market are developing technologies such as AI-powered wearables for pets to enhance safety and monitoring. These wearables integrate AI to track location, monitor health, and analyze behavior. For example, in January 2024, Invoxia, a France-based consumer electronics company, launched the Minitailz Smart Pet Tracker. This device uses advanced sensors to monitor pets' heart rate variability and provides real-time GPS tracking, ensuring pets' safety and health.
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What Are the Emerging Geographies for The Smart Pet Locator And Motion Detector Market Growth?
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.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Smart Pet Locator And Motion Detector Market?
2. What is the CAGR expected in the Smart Pet Locator And Motion Detector Market?
3. What Are the Key Innovations Transforming the Smart Pet Locator And Motion Detector Industry?
4. Which Region Is Leading the Smart Pet Locator And Motion Detector Market?
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