Pet Care Robotic Market by Product Type (Stationary Robot and Movable Robot), by Distribution Channel (Online and Offline), and by Application (Video Recording & Monitoring, Pet Entertainment, Pet Feeding, and Self-Cleaning)- Global Opportunity Analysis and Industry Forecast, 2022 – 2030
Market Definition:
The Pet Care Robotic Market size was valued at 1.41 billion in 2021 and is predicted to reach 3.65 billion by 2030 with a CAGR of 11.2% from 2022-2030. Pet care robotics products are implemented with artificial intelligence and other technologies that allow to look after the pets and simplify their life. Also, these products help in monitoring day-to-day pet activities and can entertain the pets by clicking photos, creating videos, and playing calls. Moreover,the products such as monitoring cameras allow the owner to track the live location of their pets and other useful statistics.
Market Dynamics and Trends
The global pet care robotic market is projected to witness significant growth over the forecast period, owing to increase in knowledge and awareness regarding animal welfare and well-being. Moreover, the benefits of robotic pet care products to head-off the health problems of a pet fuels the market growth. In addition, increase in spending of people on different pet care-related products to provide better life and easy life to the pets is anticipated to boost the market growth.
However, lack of knowledge regarding robotic pet care products is expected to restrain the market growth. The increasing demand for health tracking and fitness solution is anticipated to provide lucrative opportunities to the market.
Market Segmentations and Scope of the Study
The global pet care robotic market is segmented on the basis of product type, distribution channel and application. Based on the product type, the market is categorized into stationary robot and movable robot. By distribution channel, the market is bifurcated into online and offline. By application, it is segmented into video recording & monitoring, pet entertainment, pet feeding, and self-cleaning. The regional analysis of chitosan market comprises of North America, Europe, Asia Pacific, and Rest of the World.
Geographical Analysis
North America holds the predominant share of pet care robot market at present and is expected to boost the market during the forecast period. This is attributed to the factors such as increasing pet lover population and rise in expenditure over pets. Moreover, due to availability of pet care robots through different distribution channels further drives the market growth in this region.
However, Asia- Pacific region is expected to show a steady rise due to increased adoption of robots in pet careactivities such as pet feeding, pet entertainment and pet cleaning. Also, increase in digitization coupled with emerging IOT technologies such as automatic pet control and automatic defense systems drives the market growth in this region.
Competitive Landscape
The pet care robotic market comprising of various market players such asRobotShop Inc., Smartpaw, Pawly, Pawbo, Pebby Corporation, Pumpkii, Whisker, Guru IOT, Rocki and Petsafe. For instance, in April 2020, RobotShop, a leading robotic supplier, and PurrSong hadannounceddistribution exclusivity for LavvieBot S automatic litter box. Following its broad R&D, the LavvieBot S is the most secure and automatic programmed, self-cleaning litter box available in the market. It refills itself automatically removing the chore of refilling it for up to 3 weeks.
KEY MARKET SEGMENTS
Global Pet Care Robotic Market-By Product Type
Stationary Robots
Movable Robots
Global Pet Care Robotic Market- By Application
Video Recording & Monitoring
PET Entertainment
PET Feeding
Self-Cleaning Litterbox
Global Pet Care Robotic Market-By Distribution Channel
Online
Offline
Global Pet Care Robotic Market- By Geography
North America
U.S
Canada
Mexico
Europe
Germany
France
Italy
Spain
UK
Russia
Sweden
Norway
Denmark
Netherlands
Rest of Europe
Asia-Pacific
Australia
China
India
Japan
South Korea
Indonesia
Singapore
Rest of Asia-Pacific
RoW
Brazil
South Africa
Nigeria
Israel
KSA
Turkey
Remaining Countries
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