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Europe Pet Wearable Market Size to Expand at Over 22% CAGR through 2026

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Abhishek

According to a recent study from market research firm Graphical Research, the Europe pet wearable market size is poised to expand at substantial CAGR during the forecast period. With the growing awareness related to the risk of exposure for pets who live in COVID-19 affected households, the demand for pet monitoring has been on the rise. Europe pet wearable market forecast is set to gain from the precautionary approach adopted by pet owners toward social distancing, whereby smart pet collars with location trackers can help them rest assured about the safety of their furry companions.

Smart harnesses are being increasingly adopted by pet owners in Europe pet wearable market, order to ensure the safety of their pets while commuting. Pets can cause distraction in moving vehicles and are prone to getting injured in case of sudden halts or accidents. In such events, a smart harness can protect the pet, passengers, and driver. It also functions as an excellent walking harness for dogs, especially those diagnosed with hip dysplasia.

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In terms of end-use, Europe pet wearables industry outlook has been distinguished in terms of commercial and household users. Household users held the dominant market share during 2019 and the segment is likely to witness an uptick as several European regions including Italy, France, Russia, and the UK, continue to be affected by the coronavirus. Pet owners have been utilizing smart collars with cameras for tracking and monitoring the location of their pet.

Pet trackers can also help monitor the heart rates and breathing rate as well as behaviors of pets such as activity levels, licking, eating, chewing, and sleeping, so that owners get insights into the physical wellbeing of the pets. These trackers can help detect the presence of abnormal behavior due to an illness, enabling faster addressal of the issue, fueling Europe pet wearables market outlook. For this, mobile apps can be used to access data collected through RFID devices and health-tracking sensors.

Veterinary doctors can tap into the potential of the data collected by these devices to diagnose a condition. The data can be helpful in studies and research projects as well. The innovation of wearable devices with latest technologies has been fostering Europe pet wearable market size. For instance, researchers at the Imperial College, London, have designed a wearable health-tracking sensor that can detect and monitor vital signs in real-time, through fur and clothing.

With the dramatic rise in the percentage of aging population across the continent, Europe pet wearables market share is certain to augment. Millions of cat owners and dog owners have high risk of stroke and coronary heart disease, owing to which smart vests, smart collars, smart cameras, and sensors, Bluetooth, RFID, and GPS are particularly deemed instrumental in pet monitoring.

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DogTelligent, Inc, Afimilk Ltd., Findster Technologies, IceRobotics, Ltd., Furtrieve LLC, Dairymaster, Equisense, DeLaval International AB, GoPro Inc., and GEA Group AG are some leading pet wearable brands in Europe.

Table of Contents (ToC) of the report:

Chapter 1   Methodology and Scope

1.1    Research methodology

1.2    List of data sources

1.2.1    Secondary

1.2.2    Primary

Chapter 2   Market Snapshot

2.1    Europe pet wearable market snapshot

Chapter 3   Europe Pet Wearable Market Trends

3.1    Industry coverage

3.2    Industry size, 2016 – 2026

3.3    Impact of COVID-19 pandemic

3.4    Value chain analysis

3.4.1    Company product snapshot

3.5    Innovation landscape

3.6    Regulatory norms & directives

3.7    Drivers & restraints

3.7.1    Market drivers

3.7.2    Market restraints

3.8    Industry analysis - Porter's

3.9    Competitive benchmarking, 2019

3.9.1    Strategy dashboard

3.10    PEST analysis

Browse complete Table of Contents (ToC) of this research report @ https://www.graphicalresearch.com/table-of-content/1747/europe-pet-wearable-market

About Graphical Research:

Graphical Research is a business research firm that provides industry insights, market forecast and strategic inputs through granular research reports and advisory services. We publish targeted research reports with an aim to address varied customer needs, from market penetration and entry strategies to portfolio management and strategic outlook. We understand that business requirements are unique: our syndicate reports are designed to ensure relevance for industry participants across the value chain. We also provide custom reports that are tailored to the exact needs of the customer, with dedicated analyst support across the purchase lifecycle.

Contact Us:

Parikhit B.

Corporate Sales,

Graphical Research

Phone: 1-800-986-6917

Email: [email protected]

Web: https://www.graphicalresearch.com

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