Robot Pet Care Market is estimated to be US$ 5.1 billion by 2032; Rising Adoption of Robotics Technology to Foster Industrial Growth

Published Date: May 2023

Robot Pet Care are implemented with AI (artificial intelligence) and other technologies to look after the pets and to simplify their life with monitoring day to day pet activities and to entertain pets by creating videos, clicking photos and playing calls. Technological innovation has increased spending of an individual on different pet-care related products which in turn result in Robot Pet Care market growth.

Rising awareness about animal welfare and adoption of robotics technology to tackle health issues of pets has become a major factor in target market growth. Growth in adoption of pets has further facilitated the demand for target market growth. Emergence of IoT technologies like robotic video monitoring and use of automated robots for control and defense is anticipated to increase the demand for Robot Pet Care market growth.

The report “Robot Pet Care Market, By Type (Automatic Animal Repellents, Automatic Pet Doors, Pet Feeders & Fountains, Catgenie Robot Litter, Litter-Robot Litter Box, Pet Tracking & Entertainment), By Application (Commercial Used, and Household Used), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2032”

 Key Highlights:

  • In June 2017, Mayfield Robotics “Kuri” can able to recognize pets, human family members and can understand when it has to look at pets featured with better vision system that has 1080p HD camera fully integrated with rest of its systems and able to handle multiple and changing indoor surfaces such as rugs, carpets.
  • In January 2023, Whisker sells one millionth robots and completed its $10 M USA manufacturing expansion as it maintains laser focus on developing bets-in class, solution-oriented pet products. The company launched “Litter-Robot 4” to enhance pet and pet parenting experience across the globe featured with health monitoring technology and patented connected app.

Analyst View:

The key factor driving the growth of the Robot Pet Care market is increasing demand for Robot Pet Care due to adoption of technology. Wide benefits of robotic technology to track health and fitness record of pets has further enhanced the target market growth. Rising disposable income and increase in spending on pet care related products is expected to provide lucrative opportunities in Robot Pet Care market growth. As a result, market competition is intensifying, and both big international corporations and start-ups are vying to establish position in the market.

Browse 60 market data tables* and 35 figures* through 140 slides and in-depth TOC on Robot Pet Care Market, By Type (Automatic Animal Repellents, Automatic Pet Doors, Pet Feeders & Fountains, Catgenie Robot Litter, Litter-Robot Litter Box, Pet Tracking & Entertainment), By Application (Commercial Used, and Household Used), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2032”

To know the upcoming trends and insights prevalent in this market, click the link below:

https://www.prophecymarketinsights.com/market_insight/Global-Robot-Pet-Care-Market-2641

Key Market Insights from the report:

Robot Pet Care Market accounted for US$ 1.6 billion in 2022 and is estimated to be US$ 5.1 billion by 2032 and is anticipated to register a CAGR of 11.6%. The Robot Pet Care Market is segmented based on Type, Application and Region.

  • Based on Type, Robot Pet Care Market is segmented into Automatic Animal Repellents, Automatic Pet Doors, Pet Feeders & Fountains, Catgenie Robot Litter, Litter-Robot Litter Box, Pet Tracking & Entertainment.
  • Based on Application, Robot Pet Care Market is segmented into Commercial Used, and Household Used.
  • By Region, the Robot Pet Care Market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East & Africa.

Competitive Landscape & their strategies of Robot Pet Care Market:

The prominent players operating in the Robot Pet Care Market includes, Litter-Robot, Hexbug, CatGenie – Petnovations, Autopetfeeder, Add-a-Motor, High Tech Pet, CatGenie – Petnovations, Hexbug, Autopetfeeder, High Tech Pet, and others.

The market provides detailed information regarding the industrial base, productivity, strengths, manufacturers, and recent trends which will help companies enlarge the businesses and promote financial growth. Furthermore, the report exhibits dynamic factors including segments, sub-segments, regional marketplaces, competition, dominant key players, and market forecasts. In addition, the market includes recent collaborations, mergers, acquisitions, and partnerships along with regulatory frameworks across different regions impacting the market trajectory. Recent technological advances and innovations influencing the global market are included in the report.

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Some Important Points Answered in this Market Report Are Given Below:

  • Explains an overview of the product portfolio, including product development, planning, and positioning
  • Explains details about key operational strategies with a focus on R&D strategies, corporate structure, localization strategies, production capabilities, and financial performance of various companies.
  • Detailed analysis of the market revenue over the forecasted period.
  • Examining various outlooks of the market with the help of Porter’s five forces analysis, PEST & SWOT Analysis.
  • Study on the segments that are anticipated to dominate the market.
  • Study on the regional analysis that is expected to register the highest growth over the forecast period

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