The rising awareness about pet health and safety across the globe may serve as significant growth factors for the growth of the global pet tracking systems market during the forecast period of 2015-2026. These pet tracking systems assure complete security and activity tracking of a pet and help in avoiding any kind of mishap or accident.
Novel technological advancements in pet tracking systems are bringing extensive growth prospects. Various types of pet tracking systems are available such as radio pet tracking system, GPS pet tracking system, and WiFi pet tracking system. These systems are prominently used for dogs and cats.
According to the American Society for the Prevention of Cruelty to Animals (ASPCA), about 78 mn dogs and 85.8 mn cats are owned in the U.S. Going by the percentage, around 44 percent of all households in the U.S. have a dog and 35 percent have a cat.
These statistics highlight the large-scale adoption of pets and the overwhelming love for pets across a large pool of populace. Hence, this aspect may invite tremendous growth prospects for the pet tracking systems market. The Global and United States Pet Tracking Systems Market Insights, Forecast to 2026 report highlights a plethora of factors etched with the growth of the pet tracking systems market.
The report on the pet tracking systems market offers in-depth analysis through considerable research across various parameters such as competitive landscape, key trends, and current scenario. This report also focuses thoroughly on the ongoing COVID-19 pandemic and its effect on the pet tracking systems market. The report will prove as a source of market intelligence for the business owners and market shareholders in this sector to a large extent.
Novel pet tracking devices with additional features such as LED beacon lights, massive battery life, long shelf life, waterproof, long-distance tracking, and others are being developed by manufacturers in the pet tracking systems market. Many systems now also come with the feature of customizable voice command. Such features help in increasing the growth rate of the pet tracking systems market.
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Radio pet tracking systems are making a mark across a large consumer base. It transmits radio signals and can track pets up to a two-mile radius. Specially customized pet tracking systems for cats and dogs are offering good growth opportunities. Cats are known to be fussy about any wearable around them. Thus, lightweight pet tracking collars are key for a hassle-free cat tracking mechanism. The TabCat pet tracking system is a classic instance that uses radio wave technology and it only weighs 6 grams. Hence, these factors may bring tremendous growth opportunities for the pet tracking systems market.
Many pet tracking systems are now battery-powered to enable portability. Preconfigured pet tracking systems are also assisting the pet tracking systems market to record phenomenal growth. GPS-enabled pet tracking systems are bringing substantial growth. These systems come with a SIM card and the trackers are also available in a variety of colors and shapes.
Pet tracking systems are not only associated with tracking the location of cats or dogs but also tracking temperature levels. The market is abuzz with tracking systems that enable temperature tracking. Therefore, this aspect may serve as a growth multiplier for the pet tracking systems market. Many players in the pet tracking systems market are coming up with novel tracking systems that seamlessly cater to the diverse requirements of the pets. Hence, all these factors may serve as great growth generators for the pet tracking systems market.
Some well-entrenched players in the pet tracking systems market are Loc8tor, PetPace, Whistle, Marco Polo, Garmin, Tractive, Snaptracs, PitPat, Nuzzle, and GoPro Fetch.