According to Goldstein Research, global pet companion robots market is expected to reach USD 0.8 billion by 2024 from USD 0.2 billion in 2016, growing at a CAGR of 11.8% over the forecast period through 2024. Growing pet ownerships around the world is one of the major factors which is likely to drive the growth of pet companion robots. Global pet companion robots market segmentation has been done on the basis of product, application and geography. The market of pet companion robots accounted for more than 20% share in smart pet devices which is expected to dominate the market over the forecast period owing to its versatility and wide applications.

Global pet companion robots market is largely dominated by North America accounted for the largest consumer of pet companion robots owing to huge population of pet lovers and rising expenditures over pets. Many startups in United States are entering to this market with innovative robots. On the other hand, Asia-Pacific region is anticipated to be the fastest growing market owing to huge robotics market and pet lovers in China and Singapore.

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Market Segmentation

On the basis of our in-depth analysis, Global Pet Companion Robots Market can be segmented as follows:


By Products
o Stationary Robots
o Movable Robots
By Applications
o Video recording and Monitoring
o Pet Entertainment
o Pet Feeding
By Region
o North America (US, Canada) {Market Share (%), Market Size (USD Billion, Adoption Rate (%)}
o Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
o Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of Middle East & Africa) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
o Latin America (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
o Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
o Rest of the World {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}


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“Global Pet Companion Robots Market Outlook 2024” by Goldstein Research contains detailed overview of the global pet companion robots market in terms of market segmentation by product and application.

Further, Global Pet Companion Robots Market Report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market report also includes competitive outlook of some of the major players profiling of companies such as Sego Robotics, Anthouse Technology Ltd., Pawly, SmartPAw, Sybo Tech, Pawbo, etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments.

Overall, the report represents the global pet companion robots market size along with market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

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