The latest study on the Pet Wearable Market industry includes a detailed analysis of the future trends and demands for the forecast period, 2020 - 2032 . The report is furnished with the latest scenario and growth outlook of the market with regard to the impact of the pandemic.The report considers 2017-2018 as historical years, 2019 as the base year, and 2020- 2032 as the forecast timeline. The report offers strategic recommendations to the key stakeholders and investors to help them ascertain maximum returns on their investments and formulate new strategic business plans.
The global pet wearable market size was USD Billion 2.35 in 2022 and is expected to register a revenue CAGR of 14.1% during the forecast period, according to latest analysis by Emergen Research. Rising investment in pet technologies such as smart feeders and identification and tracking chips and devices are factors projected to support market revenue growth between 2021 and 2030. Wearable monitoring and sensors are among the increasingly popular technological devices for pets and livestock. These monitors have wearable sensors that can track vital signs, food consumption, and activity levels. Wearables for animal health monitoring are gradually becoming mainstream owing to the convenience and usefulness these offer. Some of these wearables function as general health monitors, assisting pet owners and veterinarians in better tracking an animal’s overall health, while others are designed to assist with more specialized tasks, such as tracking activity and food consumption for weight management.
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Some major players in the market include Avid Identification Systems, Inc., Datamars, Merck Co., Inc., Loc8tor Ltd., Garmin Ltd., PetPace, Tractive, Whistle, Wagz Inc., EQUISENSE.
Elucidating the competitive landscape of the Global Pet Wearable Market :
- The global Pet Wearable Market report offers viable insights into the competitive spectrum of the Pet Wearable Market business sphere.
- The report systematically profiles the company information of each market player.
- It identifies the estimated industry share, production facilities, development prospects, and geographies served by each market player.
- The study showcases the extensive product portfolios of the prominent market contenders.
Objectives of the Global Pet Wearable Market Study:
- An in-depth study of the evolving market sectors and the growth penetration status of the global Pet Wearable Market .
- COVID-19 Impact Analysis to highlight the major opportunities and challenges
- Strategic recommendations to help readers formulate lucrative business strategies
- Identification of the emerging players and their tactical approaches to expand market presence
- An extensive study of the product portfolios of the major market players and their regional presence
- A closer look at the strategic initiatives undertaken by the leading companies across this industry, including mergers acquisitions, collaborations, partnerships, and joint ventures
The purpose of the global Pet Wearable Market research report is to provide substantial information about key segments and the competitive landscape of the Pet Wearable Market report. It also offers valuable data to assist the investors in formulating strategic business investment plans and capitalize on the emerging growth prospects in the Pet Wearable Market .
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Emergen Research has segmented the global pet wearable market on the basis of product, technology, component, end-use, and region:
· Product Outlook (Revenue, USD Billion; 2019–2032)
- Smart Collars
- Smart Cameras
- Harnesses
- Others
· Technology Outlook (Revenue, USD Billion; 2019–2032)
- GPS
- RFID
- Sensors
- Others
· Component Outlook (Revenue, USD Billion; 2019–2032)
- Processors
- Displays
- Memory
- Cellular Chips
- Wi-Fi Chips
- Batteries
- Others
Regional Outlook (Revenue, USD Million; 2018-2028)
North America
U.S.
Canada
Mexico
Europe
U.K.
Germany
Italy
France
BENELUX
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Rest of APAC
Latin America
Brazil
Rest of LATAM
Middle East Africa
Saudi Arabia
U.A.E.
South Africa
Rest of MEA
In North America, the United States is the major market for industrial maintenance coatings due to the presence of a well-established industrial sector and increasing investments in infrastructure development. The market in Canada is also expected to grow due to the expansion of the oil and gas industry.
In Europe, Germany and the United Kingdom are the major markets for industrial maintenance coatings, owing to the presence of a large number of manufacturing industries and increasing demand for high-performance coatings. The market in France is also expected to grow due to the increasing adoption of advanced coating technologies.
In the Asia-Pacific region, China is the largest market for industrial maintenance coatings due to the presence of a large number of manufacturing industries and increasing investments in infrastructure development.
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