The pet care robot market is projected to bring in $3.65 billion by 2030, according to a new report from Next Move Strategy Consulting – Yahoo Finance | Region & Cash

Stralligence Consulting LLP d/b/a Next Move strategy consulting

Increasing awareness of animal welfare and welfare and adoption of robotic technology to solve pet health issues are driving the growth of the global pet grooming robot market.

NEW YORK, July 01, 2022 (GLOBE NEWSWIRE) — According to the report published by Next Move Strategy Consulting, the Global Pet Robot Market generated $1.41 billion in 2021 and is projected to generate $3.65 billion by 2030, at a CAGR of 11.2% from 2022 to 2030. The report presents 234 pages of in-depth analysis and detailed explanation of all aspects of the market a rich source of information with 314 tables and 158 figures. The report provides a comprehensive analysis of the key segments, market estimates, regional and country shares, drivers and opportunities, and leading market players.

Along with a comprehensive analysis of market shares and estimates, the study highlights the impact of the Covid-19 pandemic and its impact on the global Pet Grooming Robots market size. This information is helpful for strategizing and achieving growth in the post-pandemic era and in the years to come.

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report coverage

details

forecast period

2022-2030

base year

2021

Market size in 2021

$1.41 billion

Market size in 2030

$3.65 billion

CAGR

11.2%

number of pages

234

tables

314

characters

158

segments covered

Product type, distribution channel, application and region.

driver

Raise awareness of animal welfare and well-being

The penetration of robotic technology to solve pet health problems

occasions

Introducing Internet of Things (IoT) technology to pet care

Steady increase in adoption of pet health tracking solutions

The report provides a detailed account of the driving factors, restraining factors and opportunities in the global Pet Grooming Robots Market. Increasing awareness of animal welfare and welfare and proliferation of robotic technology to solve pet health issues are driving the growth of the market. Additionally, the increase in owners’ spending on pet care products is an important factor complementing the market growth. On the other hand, lack of knowledge about robotic monitoring solutions for pet care restrains the market growth to some extent.

Outlining the potential opportunities in the pet care robot industry, the Lead Analyst for the ICT & Media category at Next Move Strategy Consulting stated: “The advent of Internet of Things (IoT) technology for pet care and the steady increase in adoption of health tracking solutions for pets offer potential opportunities for the market.”

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The report provides a comprehensive analysis of the key segments of the global Pet Grooming Robots Market. This information is valuable in determining the performance of key segments and their sub-segments, and estimates help in deciding future course of action. The key segments assessed in the report are product type, distribution channel, application, and region. On the basis of product type, the report splits the market into stationary robots and moving robots. Based on distribution channel, the study further classifies the market into online and offline. Based on application, research segments the market into video recording and surveillance, pet feeding, pet entertainment, and self-cleaning.

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Based on region, the report segments the global Pet Grooming Robots Market into North America, Europe, Asia Pacific and RoW. According to the analysis in the report, North America had the highest revenue share in 2021 and will continue to dominate during the forecast period. This is attributed to the increase in the number of pet lovers in the region, the availability of a wide distribution network for robotic products, and the increase in pet spending. However, the Asia Pacific region is set to grow steadily over the forecast period. This is attributed to the introduction of robotics for various animal care activities including animal entertainment, animal feeding and others. In addition, the emergence of IoT technologies such as robotic video surveillance, automated robots for control and defense, and others are also contributing to regional growth.

Through tabular and graphical representations, the study analyzes each of the above segments and sub-segments on the basis of regions and their respective countries. This information can be used to determine the strategies and steps to take before entering a regional market. For expanding the market share of pet grooming robots, these insights prove to be the most valuable.

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The report outlines in detail the competitive scenario of the global Pet Grooming Robots Market. The research mentions the portfolio and detailed information on the leading market players such as RobotShop Inc., Pawly, Smartpaw, Pebby Corporation, Pawbo, Whisker, Pumpkii, Rocki, Guru IOT and Petsafe. The report provides insights into the product portfolio and main competitors of market players. These insights are helpful for investors in determining investment feasibility.

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About us:

Next Move Strategy Consulting is a leading market research and management consulting firm committed to providing clients with strategically analyzed, well-documented, cutting-edge research reports. The research industry is awash with many companies to choose from. What sets Next Move apart from the rest is its world-class research and obsession with turning data into knowledge by analyzing every piece of it and providing fact-based research recommendations backed by information gathered from over 500 million websites, paid databases, industry journals, and One-on-one consultations with industry experts from a variety of industries have been collected. The high-quality custom research reports with actionable insights and excellent end-to-end customer service help our clients make important business decisions that enable them to go ahead and have a competitive advantage in the industry.

We’ve served over 1,000 clients worldwide for over a decade, including 90% of the Fortune 500 companies. Our analysts constantly follow various high-growth markets and identify hidden opportunities in each sector or industry. We offer one of the industry’s best syndicates as well as custom research reports across 10 different industry verticals. We strive to deliver high quality research solutions in alignment with your business needs. Ranging from pre-consultation to after-sales service, our industry-standard delivery solutions deliver a superior customer experience and ensure the right strategic decision-making for businesses.

CONTACT: Joseph Lawrence Head - Client Engagement & Servicing Next Move Strategy Consulting E-Mail: Joseph@nextmsc.com Direct: +1-217-650-7991 You can also email us at - info@nextmsc.com Website: www.nextmsc.com

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