Europe Pet Tech Market Size study, by Type (RFID, GPS, Sensors, Others), by Product (Monitoring Equipment, Tracking Equipment, Entertainment Equipment, Feediing Equipment, Others), by Application (Pet Safety, Pet Healthcare, Pet Owner Convenience, Communi

Europe Pet Tech Market Size study, by Type (RFID, GPS, Sensors, Others), by Product (Monitoring Equipment, Tracking Equipment, Entertainment Equipment, Feediing Equipment, Others), by Application (Pet Safety, Pet Healthcare, Pet Owner Convenience, Communication & Entertainment), by End User (Household, Commercial), by Distribution Channel and Country Forecasts 2022-2032

Europe Pet Tech Market is valued at approximately USD 1.89 billion in 2023 and is anticipated to grow with a healthy growth rate of more than 15.01 % over the forecast period 2024-2032. The Europe Pet Tech refers to the technological devices that are used to improve the animal wellbeing, health and safety. The Europe Pet Tech market offers a range of technical innovative products such a pet wearables, smart feeders and water dispensers, pet cameras and monitors, automatic pet toys, pet training devices and more. The adoption of innovative pet tech products is trending in the market. Products such as automative feeding and watering systems, this product allows pet owners to manage their pets feeding remotely and GPS and Location tracking helps the owner to track their pets when they are not at home.

Several factors driving the Europe Pet Tech Market as the pet owners are becoming more conscious of their pet health and well- being which is driving the demand for health monitoring and fitness tracking devices. Increase in disposable income led to economic growth and higher disposable incomes enables consumers to spend more on premium pet tech products. The expansion of online retail platforms increasing the demand of devices and making the purchases convenient for the pet owners. Although these products involve high cost and compatibility issues with the existing pet care products and tech ecosystems which can be a restraint in this market.
There is a limited product range available for certain pets as some products are designed for only dogs and cats with fewer options, this can hinder the growth of the market.

The key countries considered for the Europe Pet Tech market study includes UK, Germany, France, Italy, Spain, and Rest of Europe. Germany is dominating the Europe Pet Tech Market. Germany has the high pet ownership rate which led to higher adoption of pet tech devices. It has an advanced Technological infrastructure and strong economy which supports innovation and establishment of pet tech start- ups. United Kingdom is the fastest growing country in the Europe market as there is a rapid growth in pet ownership and mor purchasing power. UK has the robust e-commerce infrastructure which is facilitating the easy purchase and delivery of pet tech devices.

Major market player included in this report are:
Felmo
Baby dog
My Pet
Company 4
Company 5
Company 6
Company 7
Company 8
Company 9
Company 10

The detailed segments and sub-segment of the market are explained below:

By Type
RFID
GPS
Sensors
Others

By Product
Monitoring Equipment
Tracking Equipment
Entertainment Equipment
Feeding Equipment
Others

By Application
Pet Safety
Pet Healthcare
Pet Owner Convenience
Communication & Entertainment

By End User
Household
Commercial

By Distribution Channel
Online
Offline

By Region:
Europe
UK
Germany
France
Spain
Italy
ROE

Years considered for the study are as follows:
Historical year – 2022
Base year – 2023
Forecast period – 2024 to 2032

Key Takeaways:
Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and Country level analysis for each market segment.
Detailed analysis of geographical landscape with Country level analysis.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of competitive structure of the market.
Demand side and supply side analysis of the market.

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