Global Automatic and Smart Pet Feeder Market - Industry Trends and Forecast to 2030

Global Automatic and Smart Pet Feeder Market, By Product (Automatic Smart Feeder, and Smart Pet Feeder) Application (Dogs, Cats, and Others), Distribution Channel (Offline, and Online) - Industry Trends and Forecast to 2030.

Automatic and Smart Pet Feeder Market Analysis and Size

The new modern and smart technological homes is the major factor accelerating the growth of the automatic and smart pet feeder market. Furthermore, technological advancements, such as provision of a video camera to ensure proper monitoring of pets, are also expected to drive the growth of the global automatic and smart pet feeder market. However, high prices of sensors and complex structure and composition of smart sensors will restrains the global automatic and smart pet feeder market, whereas, high price of smart pet feeder will challenge market growth. In addition, growing concerns about the health of pets will create ample opportunities for the global automatic and smart pet feeder market.

Data Bridge Market Research analyses that the global automatic and smart pet feeder market which was USD 1,847.05 million in 2022, is expected to reach USD 5,061.95 million by 2030, and is expected to undergo a CAGR of 12.0% during the forecast period of 2023 to 2030.  “Automatic Smart Feeder,” dominates the product segment of the global automatic and smart pet feeder market as it offers convenience to pet owners and are designed to meet the needs of tech-savvy consumers who want to ensure their pets are well-fed even when they are not at home. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and consumer behaviour.

Automatic and Smart Pet Feeder Market Scope and Segmentation

Market Definition

Automatic and smart pet feeder are designed to unleash a specific quantity of food for pets at a fixed time interval. These feeders square measure programmed to dispense a particular quantity of food for pets that helps in observation the number of food to be distributed. They are innovative devices designed to provide convenient and precise feeding solutions for pets. They offer various features and levels of automation to cater to the specific needs of pet owners. Automatic and smart pet feeders are primarily used for scheduled feeding to ensure pets receive meals at consistent times.

Global Automatic and Smart Pet Feeder Market Dynamics

Drivers

• Rising Pet Ownership

The increasing number of pet owners worldwide is a significant driver for the global automatic and smart pet feeder market. As more people welcome pets into their homes, the demand for convenient feeding solutions grows. Pet owners seek products that offer precise portion control and the ability to maintain feeding schedules, which smart feeders provide. This driver is expected to remain strong as pet ownership continues to rise globally.

• Urbanization and Busy Lifestyles

Urbanization and hectic lifestyles have led to pet owners spending more time away from home. Automatic and smart pet feeders address the challenge of maintaining consistent feeding schedules for pets in such circumstances. These devices offer pet owners peace of mind by ensuring their pets are fed regularly, even when they are at work or traveling.

• Advancements in Technology

Technological advancements, including the integration of smartphone apps and smart home connectivity, have enhanced the functionality of global automatic and smart pet feeders. These features allow pet owners to remotely monitor and control their pets' feeding, offering convenience and customization. As technology continues to advance, these products are likely to become more sophisticated, further driving market growth.

Opportunity

• Health Monitoring and Integration

An opportunity for growth lies in expanding the capabilities of smart pet feeders to include health monitoring features. These could include weight tracking, dietary recommendations, and integration with veterinary services. Offering a comprehensive pet care solution, manufacturers can tap into the growing demand for pet health and wellness products.

Restraints/Challenges

• High Initial Costs of Purchasing

The initial cost of purchasing automatic and smart pet feeders can be relatively high compared to traditional feeders. This cost may deter some pet owners from adopting these devices, especially in price-sensitive markets. Manufacturers need to address pricing strategies to make their products more accessible.

• Limited Compatibility of Automatic and Smart Pet Feeder

Compatibility issues with certain pet food types or sizes can be a restraint. Some automatic feeders may not accommodate specialized diets or larger kibble sizes, limiting their appeal to a broader range of pet owners. Expanding compatibility and versatility should be a focus for manufacturers.

• Rising of the Security Concerns

As smart pet feeders become more connected, they may be vulnerable to cybersecurity threats. Ensuring the security of pet and owner data is a challenge that manufacturers must address to maintain consumer trust. Implementing robust security measures and regular updates is essential.

This global automatic and smart pet feeder market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the global automatic and smart pet feeder market contact Data Bridge Market Research for an Analyst Brief, our team will help you make an informed market decision to achieve market growth.

Recent Development

• In May 2023, Pet Marvel has introduced the Automatic 2-in-1 Pet Feeder and Water Dispenser on Kickstarter, catering to pet parents with a comprehensive solution. This innovative device combines feeding, watering, and real-time monitoring, featuring multi-cat facial recognition, voice announcements, and a smart food bowl to prevent jams. It includes an intelligent water purification system with a flushing function for easy maintenance. The accompanying smart app enables personalized feeding schedules and real-time notifications, reflecting a recent market development in the global automatic and smart pet feeders market

Global Automatic and Smart Pet Feeder Market Scope

The global automatic and smart pet feeder market is segmented on the basis of product, application, and distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Product

• Automatic Smart Feeder
• Smart Pet Feeder

Application

• Dogs
• Cats
• Others

Distribution Channel

• Offline
• Online

Global Automatic and Smart Pet Feeder Market Regional Analysis/Insights

The global automatic and smart pet feeder market is analysed and market size insights and trends are provided by product, application, and distribution channel are referenced above.

The countries covered in the global automatic and smart pet feeder market report are U.S., Canada, and Mexico in North America, Brazil, Argentina, and the rest of South America in South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, and the rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, and the Rest of Asia-Pacific in Asia-Pacific, and U.A.E., Saudi Arabia, Egypt, South Africa, Israel, and the Rest of the Middle East and Africa in Middle East and Africa

Asia-Pacific dominates the global automatic and smart pet feeder market due to the high demand and deployment of automatic and smart pet feeders in certain countries in the region such as China and Japan.

North America is expected to witness the fastest growth in the global automatic and smart pet feeder market during the forecast period of 2023 t0 2030, due to the technological advancements, such as provision of a video camera to ensure proper monitoring of pets in the region.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends, and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Global Automatic and Smart Pet Feeder Market Share Analysis

The global automatic and smart pet feeder market competitive landscape provides details by competitors. details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width, and breadth, application dominance. The above data points provided are only related to the companies' focus related to the global automatic and smart pet feeder market.

Some of the major players operating in the global automatic and smart pet feeder market are:

• Samsung (South Korea)
• Robert Bosch GmbH (Germany)
• Schneider Electric (France)
• Siemens (Germany)
• Haier Group (China)
• Google (A Subsidiary of Alphabet Inc.) (U.S.)
• General Electric Company (A Subsidiary of General Electric) (U.S.)
• Resideo Technologies, Inc (U.S.)
• ABB (Switzerland)
• Emerson Electric Co. (U.S.)
• Johnson Controls (U.S.)
• Carrier (U.S.)
• Legrand (France)
• ADT (U.S.)
• Vivint, Inc. (U.S.)
• Acuity Brands Lighting, INC. (U.S.)
• The Chamberlain Group, Inc. (U.S.)
• Brinks Home Security (U.S.)
• Sleep Number Corporation (U.S.)
• Leviton Manufacturing Co., Inc. (U.S.)
• Crestron Electronics, Inc. (U.S.)
• Hanwha Techwin America (South Korea)
• Switchmate (U.S.)
• Lifi Labs, Inc. (U.S.)
• Kuna Systems (U.S.)
• Lutron Electronics Co., Inc. (U.S.)
• Nice S.p.A (Italy)