HCFIM Intelligent Manufacturing Pet Electronic Analysis Report——Industry Analysis

 

      HCFIM Intelligent Manufacturing Pet Electronic Analysis Report——Industry Analysis

 

Overview: Pet electronic products refer to intelligent pet devices that utilize automation technology,

possess computational processing capabilities, and can interact with smart terminals for data exchange.

 

 

Product Categories

 

Based on usage scenarios, they can be classified into:

 

Daily Use Category	Beauty Category	Beauty Category	Toy Category
Smart Cat Litter Box Deodorizer Feeder Water Dispenser Vacuum Grain Bin Drying Box	Blow-dryer Trimmer Combo Dog Trainer	Tracker Leash	Automatic Interactive Pet Toy Companion Pet Robot

 

 

Historical Development

 

The development of pet products in China started later than in foreign countries, but in the past 5 years,

the growth rate has increased exponentially.

 

 

Points Value

 

Product Name	Solution	Unresolved Issues
Cat Litter Box	Manual scooping, timely cleaning to reduce bacterial growth	Sand clumping sticking feces on the inner wall, ineffective odor elimination, self-cleaning not achieved
Feeder	Timed and portion-controlled feeding	Inadequate sealing, food easily getting damp
Water Dispenser	Provides clean flowing water	Some products have issues with induction current
Drying Box	Box Hands-free, all-in-one drying, half the cost of annual grooming fees	High noise level, uneven drying due to airflow distribution
Pet Hair Vacuum	Drying, hair suction, hair trimming, multi-functional	High noise level
Odor Eliminator	Rapid odor elimination, sterilization and disinfection	Limited usage space, poor effectiveness when combined with litter box

 

 

Market

 

Overseas Market: 2021: $2.737 billion 2022: $3.789 billion (YoY growth of 38.43%) Projected

to reach $10 billion by 2028

 

Domestic Market: 2021: 3.86 billion yuan 2022: 4.89 billion yuan (YoY growth of 12.5%) Projected

to reach 15 billion yuan by 2028

 

 

Market Analysis

 

Characteristics: The global pet industry is not evenly distributed, with a higher concentration

in the northern hemisphere than the southern hemisphere. North America and Europe dominate

the market, surpassing other regions.

 

Market Value: The pet industry in North America contributes 37% of the global economic output,

while Europe and Asia each account for approximately 23%.

 

Growth Rate: The global compound annual growth rate for smart pet products is 20%, while the

overall growth rate for pet products is 6.1%. The growth rate for smart pet products is higher

than the average.

 

Considerations: China holds a relatively small market share globally, but it has a high growth

rate and is an emerging market in the global pet product industry.

 

 

Competitive Landscape

The global market for smart pet products has a relatively low concentration, with some

specific segments showing higher concentration. However, the competitive landscape is

still unstable.

 

 

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