The automatic and smart pet feeder global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Automatic And Smart Pet Feeder Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The automatic and smart pet feeder market size has grown rapidly in recent years. It will grow from $1.49 billion in 2023 to $1.72 billion in 2024 at a compound annual growth rate (CAGR) of 15.4%. The growth in the historic period can be attributed to rising demand for convenience, integration with IoT ecosystems, multifunctionality of smart pet feeders, influence of pet-centric media and entertainment, increasing pet lifespan and aging pets.
The automatic and smart pet feeder market size is expected to see rapid growth in the next few years. It will grow to $2.86 billion in 2028 at a compound annual growth rate (CAGR) of 13.6%. The growth in the forecast period can be attributed to increasing pet ownership ,increasing adoption of smart home technology ,increasing in convenience-driven lifestyles ,increasing awareness of pet health and nutrition, the increasing humanization of pets. Major trends in the forecast period include integration with IoT ecosystems, product innovation and advancements, integration with smart home ecosystems, introduction of smart food dispensing sensors, pet industry partnerships and collaborations.
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Scope Of Automatic And Smart Pet Feeder Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Automatic And Smart Pet Feeder Market Overview
Market Drivers –
The increasing demand for pet ownership is expected to propel the growth of the automatic and smart pet feeder markets going forward. The demand for pet ownership is increasing due to the growing recognition of pets for companionship and emotional support, as well as the trend towards humanization of pets. Automatic and smart pet feeders offer convenient solutions for pet care tasks, reducing the time and effort required to feed pets regularly, making pet ownership more manageable, and appealing to potential pet owners. This convenience factor encourages individuals to consider adopting pets, contributing to the overall increase in pet ownership rates. For instance, according to the American Pet Products Association (APPA), a US-based non-profit association, pet ownership in the United States experienced a substantial surge in 2022, witnessing an increase of 11% compared to the preceding year. Therefore, the increasing demand for pet ownership drives the growth of the automatic and smart pet feeder markets.
Market Trends –
Major companies operating in the automatic and smart pet feeder market are focusing on developing innovative products, such as Petlibro Granary Automatic Pet Feeder, to gain a competitive edge in the market. Petlibro Granary Automatic Pet Feeder is a device that automatically dispense food for pets or livestock based on predefined schedules. For instance, in April 2021, Petlibro, a US-based brand offering various pet products, launched the Petlibro Granary Automatic Pet Feeder, an automatic, cheap pet feeder designed for the busiest pet parents. It incorporates sensors to detect food levels, dispense the correct amount, and possibly even monitor feeding patterns and behaviors. These sensors enable the feeder to operate automatically, providing pet owners with remote control and monitoring capabilities through smartphone apps or other interfaces.
The aerospace support and auxiliary equipment market covered in this report is segmented –
1) By Type: Commercial Radars, Satellites
2) By Ownership: Public, Private
3) By Platform: Airborne, Land, Naval, Space
Subsegments Covered: Continuous Waveform, Pulse Waveform, Large Satellite, Mini Satellite, Micro Satellite, Nano Satellite
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Regional Insights –
North America was the largest region in the automatic and smart pet feeders market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the automatic and smart pet feeder market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Major companies operating in the automatic and smart pet feeder market are Pets at Home Group Plc, Godrej Agrovet Limited, Shenzhen Petlibro Pet Products Co. Ltd. , Tuya Global Inc., Radio Systems Corporation , Hangzhou Tianyuan Pet Products Co. Ltd. , Ceva Santé Animale, Automated Pet Care Products Inc. , OurPets Company, Petwant Co. Ltd., Owon Technology Inc., Dogness (International) Corporation, Zesty Paws, Arf Pets, Anser Innovation LLC , Petcube Inc., Whistle Labs Inc. , Petkit Ltd., Petoneer Limited , Encaya Corp., iFetch LLC, PetFusion LLC, Doskocil Manufacturing Co. Inc., Vet Innovations Inc.
Table of Contents
1. Executive Summary
2. Automatic And Smart Pet Feeder Market Report Structure
3. Automatic And Smart Pet Feeder Market Trends And Strategies
4. Automatic And Smart Pet Feeder Market – Macro Economic Scenario
5. Global Automatic And Smart Pet Feeder Market Size and Growth
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32. Global Automatic And Smart Pet Feeder Market Competitive Benchmarking
33. Global Automatic And Smart Pet Feeder Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Automatic And Smart Pet Feeder Market
35. Automatic And Smart Pet Feeder Market Future Outlook and Potential Analysis
36. Appendix
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