USD 2.28 billion Growth in Automatic And Smart Pet Feeder Market Due to Changing Lifestyle Patterns And Busy Work Lives Of Urban Populace - 17,000+ Technavio Research Reports

NEW YORK, Sept. 5, 2022 /PRNewswire/ -- The "Automatic And Smart Pet Feeder Market Forecast and Analysis 2021-2025" report has been added to Technavio's offering. With ISO 9001:2015 certification, Technavio is proudly partnering with more than 100 Fortune 500 companies for over 16 years. The potential growth difference for the automatic and smart pet feeder market between 2020 and 2025 is USD 2.28 billion, as per the latest market analysis report by Technavio. The report predicts the market to witness an accelerating growth momentum at a CAGR of 21.9%. The analysts at Technavio have categorized the global automatic and smart pet feeder market as a part of the global leisure products market. The report identifies the changing lifestyle patterns and busy work lives of the urban populace as one of the most prominent factors influencing the market's growth. In addition, smart homes augmenting the demand for smart pet feeders will be one of the key market trends driving the automatic and smart pet feeder market growth. However, the major challenge impeding the automatic and smart pet feeder market growth is the low battery life leading to low battery runtime.

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Key Market Segment Highlights:

The automatic and smart pet feeder market report is segmented by Product (automatic pet feeder and smart pet feeder), End-user (dogs and cats), Geography (North America, Europe, APAC, South America, and MEA), and Distribution channel (offline and online).

• Regional Opportunities: 55% of the market's growth will originate from North America during the forecast period. US and Canada are the key markets for the automatic and smart pet feeder market in North America. Market growth in this region will be faster than the growth of the European and South American markets. Rising online sales, an increase in pet ownership, and the adoption of smart pet care devices will facilitate the automatic and smart pet feeder market growth in North America over the forecast period. 
• Revenue-generating Segment Highlights: The automatic and smart pet feeder market share growth in the automatic pet feeder segment will be significant during the forecast period. Automatic pet feeders are programmed to dispense food to pets at fixed intervals and also allow users to customize the food quantity as per the requirements of their pets. This product is embedded with a microphone and a speaker for the pet owner to record his/her message as an indication for the pets during meal times. Such offerings are expected to drive the segment growth during the forecast period.

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Vendor Landscape

The automatic and smart pet feeder market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market. This statistical study of the automatic and smart pet feeder market encompasses successful business strategies deployed by key vendors. The automatic and smart pet feeder market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. To make the most of the opportunities and recover from the pandemic impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Some Companies Mentioned with their Offerings

• C and A Marketing Inc.: The company offers automatic and smart pet feeders under the brand name ARF pets
• Doskocil Manufacturing Co. Inc.: The company offers automatic and smart pet feeders under the brand name Aspen pet, Petmate, and Gamma2.
• Encaya Corp.: The company offers automatic and smart pet feeders under the brand name Wireless Whiskers.
• JnB Innovation SAS: The company offers automatic and smart pet feeders under the brand name Catspad.
• PetKeen: The company offers automatic and smart pet feeders under the brand name Pintofeed.
• PETKIT Ltd.
• Pets at Home Group Plc
• Radio Systems Corp.
• SureFlap LLC
• Wopet Pet Product Ltd.
• Access Extensive Vendor Profiles with Product Offerings as you Download Sample PDF!

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Key Topics Covered:

• Executive Summary
• Market Landscape
• Market Sizing
• Five Forces Analysis
• Market Segmentation by Product
• Market Segmentation by End-user
• Market Segmentation by Distribution Channel
• Customer landscape
• Geographic Landscape
• Vendor Landscape
• Vendor Analysis
• Appendix

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