Smart Pet Door/Electronic Pet Door Market Size is Estimated to Reach $410.3 Millionby 2030: IndustryARCSmart Pet Door/Electronic Pet Door Market Size is Estimated to Reach $410.3 Millionby 2030: IndustryARC
Research Reports
May 10, 2024
Smart Pet Door Market size is estimated to reach $410.3 million by 2030, growing at a CAGR of 8.5% over the forecast period 2024-2030.The market for smart pet doors is expanding quickly owing to rising pet ownership rates and the need for simple, automated pet access solutions. These doors use cutting-edge technology and include features like remote control, chip identification, and mobile app connection. Strong rivalry between the industry’s major players is driving innovation and pricing competition. Additionally, the market is expanding because to the increased awareness of pet security and safety. Geographically, the industry is dominated by North America and Europe because of their high rates of pet ownership and disposable income. The market for smart pet doors is anticipated to grow further as smart homes continue to become more and more popular.driven by technological advancements and the increasing demand forthe Smart Pet Door/Electronic Pet Door Market growth.
Additionally,Petvationthe Smart Automatic Pet Door released on 2022. The use of AIPetvation offers a whole new access experience for your animal pals when combined with cutting-edge facial recognition technology and an app. Smart sensors and AI-powered cameras can detect when your pet is trying to enter or escape as well as when they are approaching the entrance. enabling you to manage your pet’s arrival and departure times from a distance. and preventing raccoons and other undesirable visitors from entering your house! can simply let your cats in while keeping your dog outside.These factors positively influence the Smart Pet Door/Electronic Pet Door industry outlook during the forecast period.
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Asia Pacific to Register Highest Growth:
Geographically, the smart pet door or electronic pet door market has been experiencing exponential growth in the Asia Pacific region, expected to grow with a CAGR of 9.8% over the forecast period from 2024 to 2030. In recent years, the adoption of smart technology in pet care has gained significant traction, leading to an increasing demand for innovative pet access solutions. This article explores the factors contributing to the rapid growth of the smart pet door market in the Asia Pacific region. The Asia Pacific region has witnessed a surge in pet ownership in recent years. The rising middle-class population, changing lifestyles, and increasing urbanization have led to more households welcoming pets into their lives. As pet ownership continues to grow, the demand for smart pet doors that offer convenience and security for both pets and owners has increased substantially. For instance, High Tech Pet Products, Inc. is pleased to announce the launch of our new WiFi-enabled Power Pet door in the APAC region. Now are able to control your door from anywhere there is an internet or mobile connection thanks to the new WiFi Power Pet door. The door can be opened and closed, sensors can be turned on or off, the hold open feature can be chosen, and up to 20 custom timers may be programmed to precisely control when your pet is permitted in and out. these factors drive up demand for Smart Pet Door/Electronic Pet Door Market throughout the forecast period.
Smart Pet Door/Electronic Pet Door Market2024–2030: Segmentation
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Smart Pet Door/Electronic Pet Door Market Report – Key Takeaways:
- Ultrasonic transmitters Segment is the Fastest Growth of the Market
The category forUltrasonic transmitters is expected to largestgrowing at the highest CAGR of throughout the forecast period and had a significant share of the market in 2022. With the incorporation of ultrasonic transmitters, the market for smart pet doors has experienced substantial expansion. These gadgets provide easy access control for pets. High-frequency signals from ultrasonic transmitters enable for exact pet identification. Through preventing unauthorised entry, this technology provides security. Additionally, it makes pet owners’ lives more convenient by allowing remote monitoring and access control via cellphones. The rising demand for pet-friendly solutions is what’s fueling the market’s rise.
Moreover,Toposens and Infineon Technologies AG have teamed up to implement 3D obstacle identification and collision avoidance in autonomous systems using Toposens’ unique 3D ultrasonic technology. This will be accomplished in November 2022. The Munich-based sensor maker provides 3D ultrasonic sensors called ECHO ONE DK that combine sound, computer vision, and cutting-edge algorithms to provide reliable, affordable, and accurate 3D vision for uses like consumer electronics.In the technology employed in smart pet doors were ultrasonic transmitters. These transmitters send out high-frequency sound waves that are undetectable by humans but are picked up by the pet’s collar. This causes the door to unlock, allowing the pet to enter or escape.
- Plastic segment to Register Highest Growth
The category Plastic segment is expected to grow at the highest growth CAGR of 9.1% throughout the forecast period from 2024 to 2030. and will have a significant share of the market in 2023.The smart pet door market is witnessing remarkable growth, with the plastic segment leading the way. Plastic-based smart pet doors have emerged as the fastest-growing segment within this market. This surge in demand can be attributed to the lightweight, durable, and cost-effective nature of plastic materials, making them an attractive choice for pet owners. These smart pet doors offer convenience and security, allowing pets-controlled access while keeping unwanted intruders out. With the increasing adoption of smart home technologies and the rising awareness of pet safety and convenience, the plastic segment in the smart pet door market is set to continue its impressive growth trajectory. For instance, the innovative Pawport, available in 2023, slides into current pet doors using the groove on the existing pet door frame. Pawport cannot be removed from the outside thanks to a single screw that secures it in place. Your traditional pet door truly transforms into a wifi-connected, intelligent, useful, and lovely addition to your house in a matter of seconds. It is also significantly safer.The market for Smart Pet Door/Electronic Pet Door is anticipated to be driven by such innovations.
- North Americais Leading the Market
North American region held a major market share of 60%% in 2023. North America is at the forefront of the smart pet door market, exhibiting strong leadership in this burgeoning industry. The region’s robust demand for innovative pet care solutions has propelled its market dominance. Factors driving this trend include the rising pet ownership rates, increasing pet humanization, and a growing awareness of smart home technologies. North American consumers are increasingly adopting smart pet doors for their convenience and security features. Key players in the market are strategically targeting this region, offering cutting-edge solutions that cater to the evolving needs of pet owners. This dynamic landscape positions North America as the primary driver of smart pet door market growth.Moreover, 0n 2022, pleased to announce the release of our new WiFi-enabled Power Pet door from High Tech Pet Products, Inc. consumers adore the pet door that elevates the Power Pet to a completely new level if you are one of the many thousands of people who adore our Power Pet fully automatic pet door. Now can control your door from any location where there is an internet or mobile phone connection thanks to the new WiFi Power Pet door. The floor open and shut, switch on or off sensors. These developments are predicted to drive the market for Smart Pet Doors.
- Adoption of IOT Growing Popular in the Smart Pet Door/Electronic Pet Doorindustry creating opportunities.
The market for smart pet doors and electronic pet doors is quickly becoming more popular, creating huge prospects. The growing need for automated and intelligent pet care solutions is what is driving this trend. With the ability to control and monitor pet access remotely, IoT-enabled pet doors make life easier for pet owners. In order to take advantage of this new trend, manufacturers and companies in this industry are in a good position to grow. Companies may adapt to the changing needs of tech-savvy pet owners and set themselves up for success in this booming industry by incorporating IoT capabilities into their products.Additionally, the launch of Tractive’s new activity monitoring feature has been announced. Tractive is a pioneer in GPS tracking for cats and dogs. This assists devoted pet parents in keeping track of their four-legged friends’ whereabouts and maintaining their pets’ health by working in tandem with Tractive’s highly regarded GPS tracking functions. The market for Smart Pet Door/Electronic Pet Door is anticipated to be driven by such innovations and creating opportunities.
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Key Opportunity Analysis:
The market is experiencing an increase in strategic partnerships and collaborations.
The smart pet door market is currently witnessing a surge in strategic partnerships and collaborations. Industry players are recognizing the value of joining forces to leverage each other’s strengths and enhance their market presence. These collaborations enable companies to pool their resources, share expertise, and develop innovative solutions that cater to the growing demand for smart pet doors. Such partnerships not only facilitate product development but also help in expanding distribution networks and reaching a broader customer base. As the market continues to evolve, these strategic alliances are expected to play a pivotal role in driving growth and fostering technological advancements in the smart pet door industry.
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The Report also Covers the Following Areas:
- Smart Pet Door/Electronic Pet Door MarketSize and Forecast
- Smart Pet Door/Electronic Pet Door MarketTrends
- Smart Pet Door/Electronic Pet Door MarketAnalysis by Product Type
Smart Pet Door/Electronic Pet Door Market2024–2030: Key Highlights
- CAGR of the market during the forecast period 2024–2030
- Value Chain analysis of key stake holders
- Detailed analysis of market drivers and opportunities during the forecast period
- Smart Pet Door/Electronic Pet Door Market size estimation and forecast
- Analysis and predictions on end users’ behaviour and upcoming trends
- Competitive landscape and Vendor market analysis including offerings, developments, and financials
- Comprehensive analysis of challenges and constraints in the Smart Pet Door/Electronic Pet Door Market
Covid and Ukrainian Crisis Impact:
The COVID-19 epidemic had a big impact on the market for smart pet doors. Supply chain problems during the early stages of the epidemic caused production delays and higher prices. Economic uncertainty also had an impact on consumer spending. However, there was a slow comeback as the popularity of remote work and pet ownership increased. Demand was increased by the market’s focus on contactless solutions and improved safety features. As pet owners prioritise convenience and security after the pandemic, the market for smart pet doors is predicted to increase further, providing potential for innovation and market expansion. For instance, According to Park’s Associates research, one-third of broadband families in the United States using smart devices began using them during the COVID-19 outbreak to lessen interaction with conventional gadgets. According to this study, 46% of broadband households in the United States have installed smart door locks.Thus, the demand for intelligent security systems that offer contactless and autonomous features will fuel market expansion.
The Russia-Ukraine war has significantly impacted the smart pet door market. The ongoing conflict has disrupted supply chains and caused economic uncertainties, leading to a slowdown in market growth. Many key manufacturers and suppliers are located in the affected region, resulting in production delays and increased costs due to geopolitical tensions. Additionally, the economic instability in neighbouring countries has led to reduced consumer spending, affecting the demand for smart pet doors. Market players are closely monitoring the situation and adapting their strategies to mitigate risks and maintain market stability amidst these challenging geopolitical circumstances.
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List of Key Market Players in Smart Pet Door/Electronic Pet Door Market:
The Global Smart Pet Door/Electronic Pet Door Market is fragmented with several global and regional companies operating with expansive manufacturing capabilities and extensive distribution networks.
The key companies profiled are listed below:
- High Tech Pet Products, Inc.
- Radio Systems Corporation
- SureFlap Ltd.
- PDUSA, Inc.
- PetSafe
- Wayzn, Inc.
- Endura Flap
- Ideal Pet Products, Inc.
- Security Boss Manufacturing LLC
- Ferplast S.p.A.
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Pet Food Market–The Pet Food Market size is estimated to reach $90 billion by 2030, growing at a CAGR of 8.4% during the forecast period 2024–2030. Pet food is a specialty food for domesticated animals and is formulated to meet their nutritional requirements such as meat, grains, cereals, meat by-products, vitamins and minerals. It is available in supermarkets/hypermarkets & pet stores and customized to the types of animals such as cats, dogs, fish and other pets.
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