Global Smart Pet Locator And Motion Detector Market Expected to Achieve 8.6% CAGR by 2029: Growth Forecast Insights

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How Large Will the Smart Pet Locator And Motion Detector Market Size By 2025?
The market for smart pet locators and motion detectors has seen significant growth recently. It is projected to increase from $100.44 billion in 2024 to $108.96 billion in 2025, boasting a compound annual growth rate (CAGR) of 8.5%. The considerable increase in the historical period is due to factors such as heightened consciousness about pet security, a surge in the number of missing pets, expansion of e-commerce platforms, rapid urbanization, and a rise in outdoor activities involving pets.

How Big Is the Smart Pet Locator And Motion Detector Market Size Expected to Grow by 2029?
The market for smart animal locators and movement sensors is projected to experience significant expansion in the upcoming years. It is anticipated to reach a net value of $151.55 billion by 2029, with a compounded annual growth rate (CAGR) of 8.6%. This predicted growth within the forecast period can be credited to factors such as escalating pet ownership, growing consciousness about pet safety, augmented disposable income, a surge in demand for real-time tracing and supervision, and the increase in pet healthcare awareness. The forecast period is also expected to see major trends such as technological progression, incorporation with smart home ecosystems, pet tracking powered by AI, Bluetooth technology, and services based on subscriptions.

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Which Key Market Drivers Powering Smart Pet Locator And Motion Detector Market Expansion and Growth?
The rise in pet ownership is anticipated to fuel the expansion of the smart pet locator and motion detector market in the future. This phenomenon denotes the legal and moral responsibility of taking care of and supervising domesticated pets as companions. The growing trend of owning pets is attributed to elements such as emotional comfort and companionship, enhanced living conditions, urbanization, evolving family setups, and a heightened understanding of the health and well-being benefits linked to owning pets. Smart pet locators and motion detectors are predominantly used by pet owners to boost pet safety, keep track of their activities, and offer them assurance. For instance, The American Veterinary Medical Association, a not-for-profit association based in the U.S., stated in November 2024 that there was a minor upsurge in households owning at least one cat, moving from 26% in 2020 to 29% in 2022. This rise in pet ownership, therefore, serves as a catalyst for the growth of the smart pet locator and motion detector market.

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Which Fast-Growing Trends Are Poised to Disrupt the Smart Pet Locator And Motion Detector Market?
Renowned firms within the smart pet locator and motion detector market are aiming to advance pet safety and surveillance competencies by centering on the creation of pioneering technologies such as AI wearables suited for pets. These AI pet wearables incorporate artificial intelligence tech into wearable gadgets fitted with sensors for location tracking, health metric monitoring, and behavior pattern analysis. To illustrate, in January 2024, Invoxia, a consumer electronics company based in France, introduced the Minitailz Smart Pet Tracker, an AI-equipped wearable intended for both dogs and cats. This remarkable gadget combines advanced sensors for heart rate variability (HRV) tracking and analysis, offering insights into a pet's heart health. Additionally, it is furnished with GPS tracking features for real-time monitoring of pet's whereabouts, ensuring lost pets can be located effortlessly. This wearable device is engineered to be featherweight and comfy, allowing pets to wear it constantly, hence facilitating uninterrupted monitoring without inducing any discomfort.

What Are the Emerging Segments in the Smart Pet Locator And Motion Detector Market?
The smart pet locator and motion detectormarket 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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Who Are the Global Leaders in the Smart Pet Locator And Motion Detector Market?
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 are the Top Profitable Regional Markets for the Smart Pet Locator And Motion Detector Industry?
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.

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