Smart pet accessories are all those inter connected accessories that are designed for various types of pets, such as cats, dogs, fish, rabbits, and others. These products are embedded with various advanced technologies, such as artificial intelligence (AI), machine learning (ML), natural language processing (NLP), internet of things (IoT), and others. The Central Europe smart pet accessories market is anticipated to grow with a CAGR of 4.6% during the forecast period, i.e., 2020-2028. Factors such as the growing availability of luxury pet products, growing need amongst pet owners to take care of the health of their pets, increasing pet population, and the growing advancements in technology in pet accessories are expected to drive the market growth in the coming years. The market, which garnered a revenue of close to USD 4500 Thousand in 2019, is further expected to reach around USD 6700 Thousand by the end of 2028.
The Central Europe smart pet accessories market is segmented by numerous segments, which include segmentation by product type, connectivity, power source, pet, distribution channel, end user, and by country. On the basis of product type, the market is segmented into pet doors, pet feeders, tracking collars, tracing harness, pet housing, pet bedding, accessories, grooming products, training & behavior products, and others. Out of these, the pet doors segment is anticipated to hold the largest market share throughout the forecast period and further attain a market revenue of over USD 1800 Thousand by the end of 2028.
On the basis of geographical analysis, the market is segmented into Austria, Czech Republic, Hungary, Poland, Romania, Russia, and Slovak Republic, out of which, the market in Poland is anticipated to hold the largest market share of close to 20% by the end of 2028 and further attain a market revenue of USD 1300 Thousand approximately in the same year.
Some of the leading players in the Central Europe smart pet accessories market that are mentioned in our report are FitBark Inc., Tractive GmbH, PetPace, Ferplast S.p.A., Garmin Ltd., Tail it Technologies AS, Petwalk Solutions GmbH, SureFlap Ltd., Merck & Co., Inc., Doskocil Manufacturing Company, Inc. (Petmate), and others. The market report also includes details of the players who manufacture pet microchips, comprising Virbac Group, Trovan Ltd., Avid Identification Systems, Inc., Micro ID Ltd, iDLogic, Doowa Technology Co., Ltd., and others.
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Companies Mentioned
- Virbac Group
- Trovan Ltd.
- Avid Identification Systems Inc.
- Micro ID Ltd
- iDLogic
- Doowa Technology Co.Ltd.