The Pet Care Robots Market is Expected to Reach USD 3.67 Billion by 2030

03-Sep-2024

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The increasing integration of service robots is bolstering the pet care robots market demand.

According to the Next Move Strategy Consulting, the global Pet Care Robots Market is valued at USD 1.74 billion in 2023, and is expected to reach USD 3.67 billion by 2030, with a CAGR of 11.2% from 2024 to 2030.

The global pet care robots market demand is driven by the increasing adoption of service robots across industries such as healthcare and hospitality. Consumers are drawn to the efficiency and quality-of-life improvements these robots offer, prompting interest in automated pet care solutions.

According to the International Federation of Robotics (IFR) 2023, global sales of professional service robots grew by 48%, reaching about 158,000 units by 2022. Advances in robotics and AI have enabled sophisticated pet care robots capable of tasks like feeding, grooming, and health monitoring, enhancing their appeal. This trend reflects growing consumer confidence in innovative pet care technologies that simplify pet ownership and ensure the well-being of pets.

Moreover, the increasing adoption of pets globally, especially in urban areas despite busy lifestyles and limited space, is boosting demand for convenient pet service solutions. According to Euromonitor's World Market for Pet Care report 2023, around 65% of Millennials plan to acquire pets by 2025.

This trend is driving interest in automated products for pet management, such as feeding, grooming, health monitoring, and companionship. This demand has fueled the pet care robots market growth, as these technologies offer the convenience and reliability urban pet owners seek, recognizing pets' positive impact on well-being.

However, the high upfront cost of pet care robots deters consumers, especially those with tight budgets or uncertain about the long-term benefits. This financial barrier limits the pet care robots market expansion and adoption, despite these robots' potential to streamline pet care tasks and enhance pet well-being.

On the other hand, the integration of AI opens new opportunities in the pet care robots market trends by enabling them to analyze pet behavior, personalize interactions, and enhance performance through machine learning.

These robots optimize tasks such as feeding and grooming, provide real-time health monitoring, and seamlessly integrate with smart home systems for remote control. For instance, LG Electronics launched an AI-powered robot at CES 2024, capable of autonomous navigation, emotion display, speech understanding, and smart appliance control. It also manages household tasks and monitors pets, aiming to simplify life and enhance the smart home experience.

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The report includes profiles of several key pet care robots market players such as Ogmen Robotics, Rocki, HHOLOVE, Whisker, Pawbo Inc., Pumpkii Inc., GuruIoT, Enabot, VARRAM, and Skymee among others. These companies are adopting strategies such as product launches across various regions to maintain their dominance in the industry. 

For instance, in March 2024, Enabot launched the ROLA PetPal, a versatile pet companion robot equipped with high-definition cameras, whole-house mobility, automatic recharging, AI-enabled pet recognition, and groundbreaking two-way voice communication technology to allow remote interaction and monitoring of pets.

Also, in September 2023, HHOLOVE launched O Sitter, a first-of-its-kind AI cat companion robot offering daily life recording, remote interaction, and automated feeding for comprehensive care. In addition, in May 2022, Whisker launched the Litter-Robot 4, a sleek, self-cleaning litter box with advanced litter-sifting technology, real-time monitoring, health insights, and odor neutralization.

This features a patented self-cleaning mechanism, OdorTrap system, MultiCat design for up to four cats, and a companion app for remote monitoring and control, offering modern cat owners a smarter and more convenient care solution.

Key Insights from the Pet Care Robots Market Report:

  • The information related to key drivers, restraints, and opportunities and their impact on the pet care robots market is provided in the report.

  • The value chain analysis in the market study provides a clear picture of the roles of each stakeholder.

  • The market share of the key players and their competitive analysis are provided in the report. 

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