Smart Pet Collar Market Report

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.

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