Pet wearable market analysis and device function analysis

  • Time of issue:2022-07-11
  • Views:470

Pet wearable market analysis and device function analysis

  • Categories:Smart Wear
  • Author:SPP
  • Origin:en.tpe-sp.com
  • Time of issue:2022-07-11
  • Views:470

  A number of apps and products are now available in the pet wearables market that allow pet owners to remotely monitor their beloved pets, pour water and feed them, etc. Some technologies can also remotely control the opening and closing of doors, allowing others to help slip their pets and care for them while their owners are away.

  The number of people who own multiple pets at the same time is expected to grow, and in 2017, these people will spend more on pet wearables than on pet food, with overall spending on pet supplies growing by 50 percent.

  However, in developing countries, the high cost of these technologies makes the products expensive and unaffordable for consumers in these countries, or will somewhat hinder the growth of the market.

  According to statistical data analysis, the market share of pet GPS positioning products accounted for 30% of total revenue, and the demand for real-time positioning systems is also increasing. Radio frequency technology (RFID) will be applied to pet diagnostic devices, such as pills and collars. There are great business opportunities for a variety of tags that mark the identity of pets.

  Pet monitoring and control systems will develop rapidly, including video surveillance and collar sensors, etc., and also include the use of GPS security devices. It is shown that pet wearables in North America will grow at an annual rate of more than 12% from 2015-2022, with growth mainly coming from the popularity of GPS collars and monitoring devices.

  The European pet wearables market is also expected to grow rapidly. Key players in the pet wearables market include Whistle LLC, FitBark, i4C Innovations, DeLaval, and PetPace, with a large number of additional startups and small businesses emerging. Pet trackers and monitoring devices are the main products of these companies.

  Currently, North America and Europe are the major markets for pet wearable devices. The market penetration of pet wearable products in North America and Europe is relatively high due to strong purchasing power and strict regulations related to pet medical care. Europe also requires families with pets to purchase products such as bark collars (pet ultrasonic anti-bark collars) and pet behavior training devices.

  The Asia-Pacific pet wearables market is also expected to grow significantly. GPS and RFID-based identification, location tracking, and behavior monitoring devices may be in great demand. However, in terms of growth rate, wearable devices for pet safety and guidance, and medical diagnosis and treatment are expected to lead the growth rate. The Asia Pacific market has relatively low usage of pet wearables due to lack of advanced communication infrastructure and the market for pet wearables in Asia Pacific is expected to grow only in the next decade or so.

  Current pet smart wearable devices can perform four functions: pet health monitoring, pet location monitoring, pet socialization, and human-pet communication.

  Health monitoring

  Wearable devices are equipped with sensors that monitor the pet's body temperature, pulse rate, respiratory rate and other physiological signs, which are sent to owners from time to time. When these signs are not normal, the app can notify the owner and the vet via SMS, email or push alerts, allowing the vet to have a very comprehensive understanding of the dog's health in a short period of time, helping the owner to get a full picture of the pet's health status.

  Location Monitoring

  The wearable device has built-in GPS positioning function, so if the pet goes out alone to explore freedom, the owner can locate it by positioning the wearable device if it gets lost. The owner can also set the safe distance and dangerous distance on the app. In the Bluetooth connection state, when the dog "jailbreak" happens, the owner's mobile app will start warning. And when the distance away reaches the dangerous distance level, the owner's phone will alarm to remind you to retrieve your pet.

  Pet socialization

  Wearable devices can build a social platform for pets. Since there is a wireless sensor inside the device that senses similar devices and communicates with the phone, owners can use the mobile app to see information about their surrounding pets and find people they might be interested in walking their dogs with. In this way, it is possible to find companions with the same interests for themselves, as well as to build social relationships and maintain friendships between our pets.

  Human-pet communication

  Wearable devices can intelligently interpret what pets are trying to say. While pets and their owners can become very close over time, it is unlikely that owners will ever fully understand what their pets are thinking. This pet smart wearable device to a headset image to show people, it has a built-in microcomputer and a speaker, the pet wears it can scan its EEG, through the analysis can be used to human language through the speaker sound.

  It is understood that the main technologies used in pet wearable devices include: global positioning system (GPS), radio frequency identification (RFID) and sensors. The study found that the pet wearables market is dominated by GPS location trackers and RFID technology, but devices with temperature and motion sensors are growing the fastest. Among them, devices that can monitor the body and environmental temperature of pets, daily activities such as walking and resting time are in high demand in the global market.

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