As per our research report, the global Smart Pet Water Fountain Market size is estimated to be growing at a CAGR of 4% from 2023 to 2030.
A smart pet water fountain is a device that supplies fresh water to pets for hygiene purposes which include drinking, cleaning, and bathing. Further, these systems are equipped with filtration systems, monitoring sensors, and automatic dispensers for the smooth functioning of the fountain.
The pandemic had a significant impact on the pet industry. Due to the global lockdown, there was an increase in pet ownership by people as people spent more time at home. Further, many stray pets were looked after by consumers during the pandemic which increased the demand for smart pet water fountains. In addition to that, the pandemic increased health and hygiene awareness among people which increased the demand for proper hygiene practices for pets as well. This included sanitation practices, such as demand for smart pet water fountains with filtration systems, automatic dispensing systems, and others.
Thus, smart pet water fountains provided a clean and safe source of water for pets and helped minimize hygiene-related diseases. Furthermore, these systems were increasingly demanded by pet owners during the pandemic owing to their remote monitoring features. These systems are equipped with monitors and sensors that enabled pet owners to check and track water levels and quality right from their mobile applications.
As social distancing norms were enforced, these systems witnessed an increase in sales as they reduced physical contact between the pet and the pet owner. However, these devices incorporated motion and proximity sensors that made water dispensing easy without the need for physical contact.
However, supply chain disruptions led to delays in production and a shortage of components used in these devices leading to a declined market growth for smart water pet fountains.
Post-pandemic the market for smart water pet fountains witnessed an increase in sales due to the incorporation of AI and advanced monitoring components that helped in monitoring pet’s health status, water consumption patterns, analyzing its behavior, and others. Furthermore, increase there is an increasing demand for energy-efficient smart pet water fountains that enables the user with an intelligent scheduling system and helps to conserve energy when not in use. The restraints to this market include size and capacity compatibility with the pet.
KEY MARKET INSIGHTS:
Based on market segmentation by type, battery holds the highest share in the market owing to their ability to provide power to the system in cases of network slowdown or electricity issues. The USB-operated smart water fountain holds significant market share owing to its ability to integrate smart pet water fountains into mobile applications that allowed remote monitoring of the device by the pet owner.
Based on market segmentation by material, the plastic segment occupies the highest share in the market owing to its low price range and durability. Further, many plastics are now coated with pet-friendly materials that prevent the risks of infection through chewing, drinking, or bathing in the fountain. Further, ceramic and stoneware fountains have gained popularity among pet owners owing to the aesthetic appeal it adds to the house or backyard.
Based on market segmentation by sales channel, the online sales channel occupies the highest share of the market. Online platforms enable consumers to compare the product’s price, features, and quality with other brands and help them to make better purchase decisions. On the other hand, pet supply stores hold a significant market share. Pet stores provide accurate information to pet owners regarding the size of the fountain, pet compatibility, water capacity, and health and hygiene information of pets that enable pet owners to choose the ideal water fountain for their pets.
Based on segmentation by region, North America and Europe holds the highest share of the market. An increase in pet ownership by several households and increased emphasis on hygiene and cleanliness have contributed to the market growth for smart pet water fountains in the region. Further, technological advancements such as the integration of IoT devices for remote monitoring have enabled pet owners to monitor and track the well-being of their pets from any location. Furthermore, Asia-Pacific is the fastest-growing region during the forecast period owing to an increase in the adoption of smart home systems that allow integration with smart pet water fountains for remote monitoring and automated dispensing.
Companies playing a leading role in the global Smart Pet Water Fountain market profiled in this report are PETKIT, PETONEER, Radio Systems Corporation, Rolf C. Hagen, and Doskocil Manufacturing Company.
Battery
USB
Cat
Dog
Plastic
Ceramic and Stoneware
Steel
Pet Supply Stores
Supermarkets and Hypermarkets
Online Sales Channel
North America
Europe
Asia-Pacific
South America
Middle East and Africa
For More Info, Request Sample Copy Of This Report @ https://virtuemarketresearch.com/report/smart-pet-water-fountain-market/request-sample
Analyst Support
Every order comes with Analyst Support.
Customization
We offer customization to cater your needs to fullest.
Verified Analysis
We value integrity, quality and authenticity the most.