Published Date: 2019-10-31 | Pages: Ongoing | Tables: Ongoing | Report ID: 8189 | Industry: Electronics & Semiconductor |
Format :
A collar enabled with technology employed to track the pet’s activity, health, and location is known as a smart pet collar. The pet owner can also train and correct certain behavior of the pet with these smart pet collars. This device come with a GPS service and is also capable of sending alerts if the pet goes beyond its safe zone. Manufacturers are taking up various strategic initiatives such as product innovation, mergers and acquisitions, and strategic alliances with an aim to expand their presence across the globe.
900 Yard Remote Trainer is one such example of product innovation. This smart pet collar helps in training pets and correcting their behavior with the push of a button. The collar comes with a digital remote that allows the pet owners to train and stop the pets from lunging, digging, or any other unwanted behaviour. This collar is perfect for various outdoor activities such as running, walking, and hiking.
Technological Innovations to Foster the Smart Pet Collar Market Growth
Manufacturers are trying innovative ways to incorporate multiple functions and advanced technology in the pet collars in order to cater to the growing demand of the pet owners. Portfolio expansion is also playing an essential role in driving the smart pet collar market. Consumer’s preference for products having exceptional durability, practicality, and quality is driving them to invest in such products. Moreover, smart pet collars can be connected with devices such as smart phones, which makes tracking easier and convenient.
Key Players to Innovate New Products
Some of the key companies operating in the global smart pet collar market are Petsafe, LINK AKC, WÜF, Whistle (Tagg), PetPace, Marco Polo, Nuzzle, KYON, Garmin, FitBark, Tractive, Loc8tor, and Gibi Technologies Inc. Manufacturers are offering advanced solutions and suitable wireless infrastructure, which is, in turn, contributing significantly to the smart pet collar market growth. In addition, they are coming up with novel products to draw more customers and raise their overall revenue.
For instance, lately, one of the key companies, Petsafe launched spray bark collar makes use of a light citronella or unscented spray, which helps in stopping barking and whining. It is easy to refill and replace. The collar comes with a rechargeable battery and is perfect for a peaceful night as well as for a walk.
Key Points to Remember
● Associated advantages of smart pet collars to act as a key driver in the global smart pet collar market
● GPS based pet collars to gain popularity as a key product type
● Tracking to witness substantial growth in the near future
● North America to hold a major share in the global smart pet collar market in the forthcoming years
By Product Type
● GPS Based
● Radio Based
● Other
By Application
● Tracking
● Training
● Monitoring
● Others
GPS based smart pet collars is expected to acquire a greater share in the smart pet collar market according to the researchers. This is attributed to growing popularity of GPS based collars among the pet owners as it aids in easy tracking of lost and stolen pets with the help of smart phones. As per the analysts, tracking is anticipated to emerge as a key application segment in the forthcoming years. This is attributed to growing need mong the pet owners to track their pet’s activity and location.
By Region
North America is expected to grab a major share in the smart pet collar market in the upcoming years. Surge in the demand for smart pet collars from households due to growing need to track and observe pet’s day to day activities, particularly in the US, is a key factor fostering the smart pet collar market growth in North America. Moreover, it has been found that majority of the U.S. households own a pet, thereby driving the demand for smart pet collar. Europe is also likely to emerge as a lucrative market in the near future owing to technological innovations.
QYR Consulting brings to you a list of in-depth reports about the electronics and semiconductors industry. Our effort focuses on streamlining operations for our clients through our insightful data. The evolution of electronics and semiconductors at a breathtaking speed is poised to change businesses as they push for shorter technology life cycles. We assess how these factors are likely to bring in a change in product development.
We promise to deliver unquestionable market insights that cover all geographies. Our unique approach is aimed towards addressing your challenges and helping you find optimum solutions to rise above the cutthroat competition with the best laid plans. We look forward to addressing strategic challenges by developing your growth plans with the help our well-researched reports.
We are committed to delivering the best solutions and we offer a 24*7 helpline.
We promise superior quality of authenticated data.
We offer help and advice across varying time zones.
We boast a strong team of experienced analysts.
We have an exhaustive repository of published reports.
For Enquiry : sales@qyrconsulting.com
We are committed to delivering the best solutions and we offer a 24*7 helpline.
We promise superior quality of authenticated data.
We offer help and advice across varying time zones.
We boast a strong team of experienced analysts.
We have an exhaustive repository of published reports.
For Enquiry : sales@qyrconsulting.com
We are committed to delivering the best solutions and we offer a 24*7 helpline.
We promise superior quality of authenticated data.
We offer help and advice across varying time zones.
We boast a strong team of experienced analysts.
We have an exhaustive repository of published reports.
For Enquiry : sales@qyrconsulting.com
We have the fastest report delivery service with excellent after-sales support
We provide a comprehensive and in-depth analysis in every report that we sell
We own large database which will help our clients to get customized and syndicated research reports
To offer you accurate data, our seasoned analysts will be available to assist you
NOTE - The analysis, thoughts, views, facts, and opinions expressed in this report are of the respective research analysts. QYR Consulting does not necessarily endorse it or it is also not essentially formal views of QYR Consulting.