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Published Date: 2016-09-20Number of Pages: 126

Pet Wearable Market (Technology Type - GPS, RFID Sensors; Application - Medical diagnosis & treatment, Behavior monitoring & control, Facilitation, safety & security and Identification and tracking) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024

Pet Wearable Market: Snapshot

Over the last couple of years, the advent of wearable technology and the ever-growing awareness about pet health, fitness, and safety have resulted in the emergence of pet wearables. The pet wearable market is presently in its nascent stage and holds significant potential in the ensuing years. Transparency Market Research projects that the spending on pet wearables is likely to surpass that on pet food by 2017.

The global pet wearables market is estimated to be valued at US$1.0 bn by the end of 2016 and is expected to reach US$2.5 bn by 2024 at a 12.0% CAGR therein.

Availability of Advanced Substitutes Threatening Uptake of Identification and Tracking Devices for Pets

In terms of application, the pet wearable market is classified into identification and tracking, facilitation, safety, and security, behaviour monitoring and control, and medical diagnosis and treatment. So far, majority of the demand in the pet wearables market has been generated by the identification and tracking segment. However, the adoption rate of identification and tracking devices for pets and farm animals is projected to witness a marginal decline during the forecast period mainly due to the availability of substitute products offering similar as well as more advanced and sophisticated features.

Increasing awareness about pet health and fitness among owners, especially in North America and Europe, is expected to fuel the demand for devices providing medical diagnosis. The medical diagnosis and treatment segment, in combination with the facilitation, safety, and security segment, is expected to account for over a quarter of the pet wearables market by 2024.

pet wearable market

Stringent Regulations Pertaining to Treatment toward Animals Drives North America Pet Wearables Market

Geographically, North America and Europe are expected to be the major markets for pet wearables, with a combined share of around 75% during the forecast period. Market penetration of pet wearables is relatively high across these regions owing to greater purchasing power and stringent regulations pertaining to treatment toward animals. The latter has compelled households with pets to purchase products such as bark collars and behavior modification devices. In addition, the availability of advanced wireless infrastructure and telecommunications technologies has catalyzed the adoption of GPS collars along with monitoring devices for pets. The prevailing technological know-how of mobile devices and interpretation of mobile data among prospective customers in these regions also plays a major role in the uptake of these devices across North America and Europe.

The Asia Pacific pet wearables market is projected to grow at a significant pace through 2024. GPS and RFID technology-based identification, tracking, behavior monitoring, and control are expected experience considerable demand during the forecast period. However, in terms of growth rate, the adoption of devices to ensure the safety and security of pets and to facilitate medical diagnosis and treatment is expected be the leading segment. The lack of advanced telecommunication infrastructure across major markets in the Asia-Pacific region has resulted in a relatively lower adoption of pet wearables and they are expected to gain traction only by the next decade.

Some of the major players operating in the pet wearables market are DeLaval Inc. (Sweden), Loc8tor Ltd. (United Kingdom), Nedap N.V. (Netherlands), PetPace Ltd. (Burlington), Whistle Labs Inc. (United States), and IceRobotics Ltd (United Kingdom).

Chapter 1 Preface
1.1 Report Description
1.2 Research Scope
1.3 Research Methodology

Chapter 2 Executive Summary
2.1 Global Pet Wearable Market Snapshot
2.2 Global Pet Wearable Market Revenue, 2016 – 2024 (USD Million)

Chapter 3 Global Pet Wearable Market Analysis
3.1 Overview
3.2 Key Trends Analysis
3.3 Market dynamics
     3.3.1 Drivers
            3.3.1.1 Increased Pet Ownership and Expenditure
            3.3.1.2 Rising Awareness
            3.3.1.3 Easy Set-up Infrastructure
     3.3.2 Market Restraints
            3.3.2.1 Unreliable Internet Connectivity in Developing Markets
            3.3.2.2 Higher Cost/ line of Wireless Technology
     3.3.3 Market opportunities
            3.3.3.1 Using Web Analytics to further provide value added insights
3.4 Distribution Channel Analysis
3.5 Global Pet Wearable Market Analysis, By Technology, 2016 – 2024 (USD Million)
3.6 Global Pet Wearable Market Analysis, By Application, 2016 – 2024 (USD Million)
     3.6.1 Overview
     3.6.2 Medical diagnosis & treatment
     3.6.3 Behavior monitoring & control
     3.6.4 Facilitation, safety & security
     3.6.5 Identification and tracking
3.7 Competitive Landscape
     3.7.1 Market Positioning of Key Players, 2015
     3.7.2 Competitive Strategies Adopted by Leading Players
     3.7.3 Recommendations

Chapter 4 North America Pet Wearable Market Analysis, 2016 – 2024 (USD Million)
4.1 Key Trend Analysis
4.2 North America Pet Wearable Market Analysis, By Technology, 2016 – 2024 (USD Million)
     4.2.1 Overview
     4.2.2 Sensors
     4.2.3 GPS
     4.2.4 RFID
4.3 North America Pet Wearable Market Analysis, By Application, 2016 – 2024 (USD Million)
     4.3.1 Overview
     4.3.2 Medical diagnosis & treatment
     4.3.3 Behavior monitoring & control
     4.3.4 Facilitation, safety & security
     4.3.5 Identification and tracking
4.4 North America Pet Wearable Market Analysis, By Country, 2016 – 2024 (USD Million)
     4.4.1 Overview
     4.4.2 U.S.
     4.4.3 Rest of North America

Chapter 5 Europe Pet Wearable Market Analysis, 2016 – 2024 (USD Million):
5.1 Key Trends Analysis
5.2 Europe Pet Wearable Market Analysis, By Technology, 2016 – 2024 (USD Million)
     5.2.1 Overview
     5.2.2 Sensors
     5.2.3 GPS
     5.2.4 RFID
5.3 Europe Pet Wearable Market Analysis, By Application, 2016 – 2024 (USD Million)
     5.3.1 Overview
     5.3.2 Medical diagnosis & treatment
     5.3.3 Behavior monitoring & control
     5.3.4 Facilitation, safety & security
     5.3.5 Identification and tracking
5.4 Europe Pet Wearable Market Analysis, By Country, 2016 – 2024 (USD Million)
     5.4.1 Overview
     5.4.2 U.K.
     5.4.3 Germany
     5.4.4 France
     5.4.5 Rest of Europe

Chapter 6 Asia Pacific Pet wearable Market Analysis, 2016-2024 (USD Million)
6.1 Key Trends Analysis
6.2 Asia Pacific Pet Wearable Market Analysis, By Technology, 2016 – 2024 (USD Million)
     6.2.1 Overview
     6.2.2 Sensors
     6.2.3 GPS
     6.2.4 RFID
6.3 Asia Pacific Pet Wearable Market Analysis, By Application, 2016 – 2024 (USD Million)
     6.3.1 Overview
     6.3.2 Medical diagnosis & treatment
     6.3.3 Behavior monitoring & control
     6.3.4 Facilitation, safety & security
     6.3.5 Identification and tracking
6.4 Asia Pacific Pet Wearable Market Analysis, By Country, 2016 – 2024 (USD Million)
     6.4.1 Japan
     6.4.2 India
     6.4.3 China
     6.4.4 Rest of APAC

Chapter 7 Latin America Pet wearable Market Analysis, 2016-2024 (USD Million)
7.1 Key Trends Analysis
7.2 Latin America Pet Wearable Market Analysis, By Technology, 2016 – 2024 (USD Million)
     7.2.1 Overview
     7.2.2 Sensors
     7.2.3 GPS
     7.2.4 RFID
7.3 Latin America Pet Wearable Market Analysis, By Application, 2016 – 2024 (USD Million)
     7.3.1 Overview
     7.3.2 Medical diagnosis & treatment
     7.3.3 Behavior monitoring & control
     7.3.4 Facilitation, safety & security
     7.3.5 Identification and tracking
7.4 Latin America Pet Wearable Market Analysis, By Country, 2016 – 2024 (USD Million)
     7.4.1 Overview
     7.4.2 Brazil
     7.4.3 Argentina
     7.4.4 Rest of Latin America

Chapter 8 Middle East and Africa (MEA) Pet wearable Market Analysis, 2016-2024 (USD Million)
8.1 Key Trends Analysis
8.2 MEA Pet Wearable Market Analysis, By Technology, 2016 – 2024 (USD Million)
     8.2.1 Overview
     8.2.2 Sensors
     8.2.3 GPS
     8.2.4 RFID
8.3 MEA Pet Wearable Market Analysis, By Application, 2016 – 2024 (USD Million)
     8.3.1 Overview
     8.3.2 Medical diagnosis & treatment
     8.3.3 Behavior monitoring & control
     8.3.4 Facilitation, safety & security
     8.3.5 Identification and tracking
8.4 MEA Pet Wearable Market Analysis, By Country, 2016 – 2024 (USD Million)
     8.4.1 Overview
     8.4.2 U.A.E
     8.4.3 Qatar
     8.4.4 South Africa
     8.4.5 Rest of MEA

Chapter 9 Company Profiles
9.1 Dairymaster
     9.1.1 Company Overview
     9.1.2 Financial Overview
     9.1.3 Business Strategy
     9.1.4 SWOT Analysis
     9.1.5 Recent Developments
9.2 DeLaval Inc.
     9.2.1 Company Overview
     9.2.2 Financial Overview
     9.2.3 Business Strategy
     9.2.4 SWOT Analysis
     9.2.5 Recent Developments
9.3 Fitbark Inc.
     9.3.1 Company overview
     9.3.2 Financial overview
     9.3.3 Business strategy
     9.3.4 SWOT analysis
     9.3.5 Recent developments
9.4 GEA Group Aktiengesellschaft (AG)
     9.4.1 Company overview
     9.4.2 Financial overview
     9.4.3 Business strategy
     9.4.4 SWOT analysis
     9.4.5 Recent developments
9.5 i4c Innovations Inc.
     9.5.1 Company overview
     9.5.2 Financial overview
     9.5.3 Business strategy
     9.5.4 SWOT analysis
     9.5.5 Recent developments
9.6 IceRobotics Ltd.
     9.6.1 Company overview
     9.6.2 Financial overview
     9.6.3 Business strategy
     9.6.4 SWOT analysis
     9.6.5 Recent developments
9.7 Whistle Labs, Inc.
     9.7.1 Company overview
     9.7.2 Financial overview
     9.7.3 Business strategy
     9.7.4 SWOT analysis
     9.7.5 Recent developments
9.8 PetPace Ltd.
     9.8.1 Company overview
     9.8.2 Financial overview
     9.8.3 Business strategy
     9.8.4 SWOT analysis
     9.8.5 Recent developments
9.9 Motorola Mobility Inc.
     9.9.1 Company overview
     9.9.2 Financial overview
     9.9.3 Business strategy
     9.9.4 SWOT analysis
     9.9.5 Recent developments
9.10 Konectera
     9.10.1 Company overview
     9.10.2 Financial overview
     9.10.3 Business strategy
     9.10.4 SWOT analysis
9.11 Loc8tor Ltd.
     9.11.1 Company overview
     9.11.2 Financial overview
     9.11.3 Business strategy
     9.11.4 SWOT analysis
9.12 Nedap N.V.
     9.12.1 Company overview
     9.12.2 Financial overview
     9.12.3 Business strategy
     9.12.4 Business strategy
     9.12.5 SWOT analysis

List of Figures 

FIG. 1 Market Segmentation of Pet Wearable
FIG. 2 Global  Pet Wearable Market Revenue and Forecast, 2016 – 2024, (USD Million)
FIG. 3 U.S. Pet Industry Expenditure (USD Billion)
FIG. 4 Consumer spending on pets and related products in the U.K. (GBP Million)
FIG. 5 Global Growth of Smart Mobile Devices and Connections
FIG. 6 Global Pet Wearable market revenue share, by technology, 2016 – 2024
FIG. 7 Global Sensors market revenue and forecast, 2016 – 2024 (USD Million)
FIG. 8 Global GPS market revenue and forecast, 2016 – 2024 (USD Million)
FIG. 9 Global RFID market revenue and forecast, 2016 – 2024 (USD Million)
FIG. 10 Global Pet Wearable market revenue share, by application, 2016 – 2024
FIG. 11 Global Medical diagnosis & treatment market revenue and forecast, 2016 – 2024 (USD Million)
FIG. 12 Global Behaviour monitoring & control market revenue and forecast, 2016 – 2024 (USD Million)
FIG. 13 Global Facilitation, safety & security market revenue and forecast, 2016 – 2024 (USD Million)
FIG. 14 Global Identification and tracking market revenue and forecast, 2016 – 2024 (USD Million)
FIG. 15 Market share based on the overall revenue
FIG. 16 North America Pet Wearable market revenue share, by Technology, 2016 – 2024
FIG. 17 North America Sensors market revenue and forecast, 2016 – 2024 (USD Million)
FIG. 18 North America GPS market revenue and forecast, 2016 – 2024 (USD Million)
FIG. 19 North America RFID market revenue and forecast, 2016 – 2024 (USD Million)
FIG. 20 North America Pet Wearable market revenue share, by Application, 2016 – 2024
FIG. 21 North AmericaMedical diagnosis and treatment market revenue and forecast, 2016 – 2024 (USD Million)
FIG. 22 North America Behaviour monitoring & control market revenue and forecast, 2016 – 2024 (USD Million)
FIG. 23 North America Facilitation, safety & security market revenue and forecast, 2016 – 2024 (USD Million)
FIG. 24 North America identification and tracking market revenue and forecast, 2016 – 2024 (USD Million)
FIG. 25 North America Pet Wearable market revenue share, by country, 2016 – 2024
FIG. 26 U.S. Pet Wearable market revenue and forecast, 2016 – 2024 (USD Million)
FIG. 27 Rest of North AmericaPet Wearable market revenue and forecast, 2016 – 2024 (USD Million)
FIG. 28 Europe Pet Wearable market revenue share, by Technology, 2016 – 2024
FIG. 29 Europe Sensors market revenue and forecast, 2016 – 2024 (USD Million)
FIG. 30 Europe GPS market revenue and forecast, 2016 – 2024 (USD Million)
FIG. 31 Europe RFID market revenue and forecast, 2016 – 2024 (USD Million)
FIG. 32 Europe Pet Wearable market revenue share, by Application, 2016 – 2024
FIG. 33 Europe Medical diagnosis and treatment market revenue and forecast, 2016 – 2024 (USD Million)
FIG. 34 Europe Behaviour monitoring & control market revenue and forecast, 2016 – 2024 (USD Million)
FIG. 35 Europe Facilitation, safety & security market revenue and forecast, 2016 – 2024 (USD Million)
FIG. 36 Europe Identification and tracking market revenue and forecast, 2016 – 2024 (USD Million)
FIG. 37 Europe Pet Wearable market revenue share, by Country, 2016 – 2024
FIG. 38 U.K. Pet Wearable market revenue and forecast, 2016 – 2024 (USD Million)
FIG. 39 Germany Pet Wearable market revenue and forecast, 2016 – 2024 (USD Million)
FIG. 40 France Pet Wearable market revenue and forecast, 2016 – 2024 (USD Million)
FIG. 41 Rest of Europe Pet Wearable market revenue and forecast, 2016 – 2024 (USD Million)
FIG. 42 Asia Pacific Pet Wearable market revenue share, by Technology, 2016 – 2024
FIG. 43 Asia Pacific Sensors market revenue and forecast, 2016 – 2024 (USD Million)
FIG. 44 Asia Pacific GPS market revenue and forecast, 2016 – 2024 (USD Million)
FIG. 45 Asia Pacific RFID market revenue and forecast, 2016 – 2024 (USD Million)
FIG. 46 Asia PacificPet Wearable market revenue share, by Application, 2016 – 2024
FIG. 47 Asia Pacific Medical diagnosis and treatment market revenue and forecast, 2016 – 2024 (USD Million)
FIG. 48 Asia Pacific Behaviour monitoring & control market revenue and forecast, 2016 – 2024 (USD Million)
FIG. 49 Asia Pacific Facilitation, safety & security market revenue and forecast, 2016 – 2024 (USD Million)
FIG. 50 Asia Pacific Identification and tracking market revenue and forecast, 2016 – 2024 (USD Million)
FIG. 51 Asia Pacific Pet Wearable market revenue share, by Country, 2016 – 2024
FIG. 52 Japan Pet Wearable market revenue and forecast, 2016 – 2024 (USD Million)
FIG. 53 India Pet Wearable market revenue and forecast, 2016 – 2024 (USD Million)
FIG. 54 China Pet Wearable market revenue and forecast, 2016 – 2024 (USD Million)
FIG. 55 Rest of APAC Pet Wearable market revenue and forecast, 2016 – 2024 (USD Million)
FIG. 56 Latin America Pet Wearable market revenue share, by Technology, 2016 – 2024
FIG. 57 Latin America Sensors market revenue and forecast, 2016 – 2024 (USD Million)
FIG. 58 Latin America GPS market revenue and forecast, 2016 – 2024 (USD Million)
FIG. 59 Latin America RFID market revenue and forecast, 2016 – 2024 (USD Million)
FIG. 60 Latin AmericaPet Wearable market revenue share, by Application, 2016 – 2024
FIG. 61 Latin America Medical diagnosis and treatment market revenue and forecast, 2016 – 2024 (USD Million)
FIG. 62 Latin America Behaviour monitoring & control market revenue and forecast, 2016 – 2024 (USD Million)
FIG. 63 Latin America Facilitation, safety & security market revenue and forecast, 2016 – 2024 (USD Million)
FIG. 64 Latin America Identification and tracking market revenue and forecast, 2016 – 2024 (USD Million)
FIG. 65 Latin America Pet Wearable market revenue share, by Country, 2016 – 2024
FIG. 66 Brazil Pet Wearable market revenue and forecast, 2016 – 2024 (USD Million)
FIG. 67 Argentina Pet Wearable market revenue and forecast, 2016 – 2024 (USD Million)
FIG. 68 Rest of Latin America Pet Wearable market revenue and forecast, 2016 – 2024 (USD Million)
FIG. 69 MEA Pet Wearable market revenue share, by Technology, 2016 – 2024
FIG. 70 MEA Sensors market revenue and forecast, 2016 – 2024 (USD Million)
FIG. 71 MEA GPS market revenue and forecast, 2016 – 2024 (USD Million)
FIG. 72 MEA RFID market revenue and forecast, 2016 – 2024 (USD Million)
FIG. 73 MEAPet Wearable market revenue share, by Application, 2016 – 2024
FIG. 74 MEA Medical diagnosis and treatment market revenue and forecast, 2016 – 2024 (USD Million)
FIG. 75 MEA Behaviour monitoring & control market revenue and forecast, 2016 – 2024 (USD Million)
FIG. 76 MEA Facilitation, safety & security market revenue and forecast, 2016 – 2024 (USD Million)
FIG. 77 MEA Identification and tracking market revenue and forecast, 2016 – 2024 (USD Million)
FIG. 78 MEA Pet Wearable market revenue share, by Country, 2016 – 2024
FIG. 79 UAE Pet Wearable market revenue and forecast, 2016 – 2024 (USD Million)
FIG. 80 Qatar Pet Wearable market revenue and forecast, 2016 – 2024 (USD Million)
FIG. 81 South Africa Pet Wearable market revenue and forecast, 2016 – 2024 (USD Million)
FIG. 82 Rest of MEA Pet Wearable market revenue and forecast, 2016 – 2024 (USD Million)
FIG. 83 DeLaval net sales 2013 – 2015 (Euro million)
FIG. 84 GEA Group AG, annual revenue 2014 – 2015 (EUR million)
FIG. 85 Intersections Inc., annual revenue 2014 – 2015 (USD million)
FIG. 86 Motorola annual revenue 2014 - 2015 (USD million)
FIG. 87 Nedap NV annual revenue 2014 - 2015 (Euro million)

List of Tables

TABLE 1  Snapshot: Global Pet Wearable Market
TABLE 2  Drivers of the Pet Wearable market: Impact analysis
TABLE 3  Restraints of the Pet Wearable market: Impact analysis

This market research study analyses the ‘Pet Wearable’ market on a global level and provides estimate in terms of revenue (USD million) from 2016 to 2024. The report segments the market based on the technologies which include Sensors, GPS and RFID. All these segments have been estimated on the basis of geography in terms of revenue (USD million). In addition, the market is segmented by applications such as medical diagnosis & treatment, behaviour monitoring & control, facilitation, safety & security, identification and tracking.

Pet wearables essentially refer to devices designed for pets, which perform crucial functions including but not limited to identification, tracking, controlling and monitoring of pets. Furthermore, with the advancementof technology pet wearable devices for enabling medical diagnosis & treatment and facilitation, safety and security is fast emerging as a popular product segment globally. These devices are designed specifically for dogs, cats and other pets and pet owners use the information generated to gauge their pet’s health conditions and whereabouts in real time. Additionally, innovative features such as setting up geo fencing for pets, setting up an alert mechanism if a pet crosses the designated geo fence, gauging the amount of rest and activity of pets have become essential features to pet wearable devices.

The report elaborates on the type of technologies based on which pet wearable devices are designed. Primarily technologies used in the devices include (GPS) Global Positioning Systems, (RFID) Radio Frequency Identification and sensors. Moving along the study highlights the share of these technologies of the global pet wearable market. The report features the growth rate and market size of these technology segments along with the projected market sizes for the forecast period. The study also explains the factors driving or hindering the growth of individual technology segments. The study finds that the market is mainly dominated by GPS based trackers and RFID receivers however, devices equipped with temperature sensors, motion sensors and accelerometers among others, which monitor heat patterns of the animal’s body and environment and daily activity patterns such as playtime, walks, and rest duration are gaining significant demand in the global market.

The research further segments the market in terms of application areas of pet wearable devices. It is segmented into identification & tracking, facilitation, safety & security, behaviour monitoring & control and medical diagnosis & treatment. So far, majority of the demand in the market has been in the form of products capable of providing identification and tracking of pets and dairy animals. However, the adoption of these devices is expected to decline over the next couple of years, primarily due to the availability of other feature rich products capable of providing same benefits along with other advanced features. It is anticipated that the demand for devices providing medical diagnosis will experience the strongest demand mainly because of the rising awareness about pet health and fitness among pet owners especially in the mature and developed markets of North America and Europe region.

The report segments the market on the basis of geography into North America, Europe, Asia Pacific (APAC), MEA and Latin America, and these have been estimated in terms of revenue (USD million).

For a better understanding of the pet wearable market, we have provided a detailed analysis of the supply chain. A comprehensive analysis of the market dynamics that is inclusive of market drivers, restraints and opportunities is included in the purview of the report. Market dynamics are the distinctive factors which impact the market growth, thereby helping to understand the ongoing trends of the global market. Therefore, the report provides the forecast of the global market for the period from 2016 to 2024, along with offering an inclusive study of the pet wearable market.

The report offers company market share analysis of the various industry participants. Key players have also been profiled based on company overview, financial overview, business strategies, SWOT analysis, and recent developments in the field of Pet Wearable. Major market participants profiled in this report include DeLaval Inc. (Sweden), Loc8tor Ltd. (United Kingdom), Nedap N.V. (Netherlands), PetPace Ltd. (Burlington), Whistle Labs Inc. (United States) and IceRobotics Ltd (United Kingdom) among others.

The pet wearablemarket has been segmented into:

Global Pet Wearable Market, by Technology Type

  • GPS
  • RFID
  • Sensors

Global Pet Wearable Market, by Application

  • Medical diagnosis & treatment
  • Behavior monitoring & control
  • Facilitation, safety & security
  • Identification and tracking

Global Pet Wearable Market, by Geography: The market is broadly segmented on the basis of geography into:

  • North America
    • U.S.
    • Rest of North America
  • Europe
    • U.K
    • Germany
    • France
    • Rest of Europe
  • Asia Pacific
    • Japan
    • India
    • China
    • Rest of APAC
  • Middle East and Africa
    • U.A.E
    • Qatar
    • South Africa
    • Rest of Middle East & Africa
  • Latin America
    • Brazil
    • Argentina
    • Rest of Latin America


 
 
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