Smart Pet Collar Market Industry report contains a complete product overview and its scope in the market to define the key terms and provide the clients a holistic idea of the market and its tendency.
Los Angeles, CA -- (SBWIRE) -- 12/02/2019 -- A collar enabled with technology employed to track the pet's activity, health, and location is known as a smart pet collar. The pet owner can also train and correct certain behavior of the pet with these smart pet collars. This device come with a GPS service and is also capable of sending alerts if the pet goes beyond its safe zone. Manufacturers are taking up various strategic initiatives such as product innovation, mergers and acquisitions, and strategic alliances with an aim to expand their presence across the globe.
900 Yard Remote Trainer is one such example of product innovation. This smart pet collar helps in training pets and correcting their behavior with the push of a button. The collar comes with a digital remote that allows the pet owners to train and stop the pets from lunging, digging, or any other unwanted behaviour. This collar is perfect for various outdoor activities such as running, walking, and hiking.
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Key Players to Innovate New Products
Some of the key companies operating in the global smart pet collar market are Petsafe, LINK AKC, WÜF, Whistle (Tagg), PetPace, Marco Polo, Nuzzle, KYON, Garmin, FitBark, Tractive, Loc8tor, and Gibi Technologies Inc. Manufacturers are offering advanced solutions and suitable wireless infrastructure, which is, in turn, contributing significantly to the smart pet collar market growth. In addition, they are coming up with novel products to draw more customers and raise their overall revenue.
By Product Type
? GPS Based
? Radio Based
? Other
By Application
? Tracking
? Training
? Monitoring
? Others
GPS based smart pet collars is expected to acquire a greater share in the smart pet collar market according to the researchers. This is attributed to growing popularity of GPS based collars among the pet owners as it aids in easy tracking of lost and stolen pets with the help of smart phones.
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By Region
North America is expected to grab a major share in the smart pet collar market in the upcoming years. Surge in the demand for smart pet collars from households due to growing need to track and observe pet's day to day activities, particularly in the US, is a key factor fostering the smart pet collar market growth in North America. Moreover, it has been found that majority of the U.S. households own a pet, thereby driving the demand for smart pet collar. Europe is also likely to emerge as a lucrative market in the near future owing to technological innovations.