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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|Market size in 2021||$1.41 billion|
|Market size in 2030||$3.65 billion|
|number of pages||234|
|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. Rising awareness of animal protection and welfare and proliferation of robotic technology to deal with 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 Pet health tracking solutions 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 the main competitors of market players. These insights are helpful for investors in determining investment feasibility.
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