Robotic Pet Dogs Market- 35% of Growth to Originate from North America| Evolving Opportunities with Contixo & Sony Group Corp | Technavio

NEW YORK, June 13, 2022 /PRNewswire/ -- The robotic pet dogs market share is expected to increase by USD 914.33 million from 2021 to 2026. However, the growth momentum is likely to decelerate at a CAGR of 11.28% as per the latest report by Technavio. The robotic pet dogs market is concentrated and the vendors are deploying growth strategies such as brand, labor, quality, and innovation to compete in the market. Ageless Innovation LLC, BIRANCO Ltd., Consequential Robotics Ltd., Contixo, Dimple NYC., Hyundai Motor Co., Sony Group Corp., SoundOriginal Electronics Co. Ltd., Tombot Inc., WEofferwhatYOUwant, and WowWee Group Ltd. are among some of the major market participants.

  • Contixo - The company offers robotic pet dogs under the brand name Intellipup.
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Robotic Pet Dogs Market 2022-2026: Segmentation Analysis

  • Distribution Channel
    • Offline
    • Online
  • Geographic
    • North America
    • Europe
    • APAC
    • South America
    • Middle East And Africa

Robotic Pet Dogs Market 2022-2026: Regional Analysis

35% of the market's growth will originate from North America during the forecast period. The US is the key market for robotic pet dogs market in North America. Market growth in this region will be slower than the growth of the market in other regions. The increasing use of online platforms for purchasing robotic products will facilitate the robotic pet dogs market growth in North America over the forecast period.

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Robotic Pet Dogs Market 2022-2026: Drivers

  • The efficiency of robotic pet dogs in the entertaining aged population is one of the key drivers supporting the robotic pet dogs market growth. 
  • The robotic pet dogs are efficient in curing dementia, a disease that causes problems with thinking, memory, and reasoning. Alzheimer's disease is the most common cause of dementia. These robotic pet dogs are designed in such a way that they almost mimic most of the activities that live dogs do, such as winking their eyes, wagging their tail, barking at a time, and many more.
  • For instance, Hasbro, one of the prominent vendors operating in the global robotic toys market, offers a robotic dog named Fur Real Friends Biscuit My Lovin Pup. This dog follows various commands such as sit down, lie down, and speak. Moreover, the dog whimpers and nods its head whenever it wants a bone. These actions performed by the robotic pet dogs attract attention and positively entertain older adults. Such entertaining factors of robotic pet dogs will drive the market growth.

Robotic Pet Dogs Market 2022-2026: Challenges

  • The high price for advanced robotic pet dogs is one of the factors hindering the robotic pet dogs market growth. The high price of such artificial dogs can be attributed to the infusion of advanced technology into their production.
  • For instance, Sony Aibo, one of the major robotic dogs, is priced at $2,899. The Aibo is encrypted with three touch sensors, two cameras, one time of flight (ToF) sensor for proximity detection, four microphones, and a motion detector. In addition, the ultra-compact 1 and 2-axis actuators are used to allow the dog to move along 22 axes. Also, the inbuilt sensors help the dog to detect and analyze sounds and images. Hence, the high price for such advanced robotic pet dogs will hamper the market growth in developing regions during the forecast period.

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The competitive scenario provided in the Robotic Pet Dogs Market report analyzes, evaluates, and positions companies based on various performance indicators. Some of the factors considered for this analysis include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, growth in market share, etc. Don't wait, Make a strategic approach & boost your business goals with our Robotic Pet Dogs Market Forecast Report -  Buy Now!

Robotic Pet Dogs Market 2022-2026: Key Highlights

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will assist robotic pet dogs market growth during the next five years
  • Estimation of the robotic pet dogs market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the robotic pet dogs market
  • Analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of the robotic pet dogs market, vendors

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Robotic Pet Dogs Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Decelerate at a CAGR of 11.28%

Market growth 2022-2026

USD 914.33 million

Market structure

Concentrated

YoY growth (%)

16.34

Performing market contribution

North America at 35%

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Ageless Innovation LLC, BIRANCO Ltd., Consequential Robotics Ltd., Contixo, Dimple nyc., Hyundai Motor Co., Sony Group Corp., SoundOriginal Electronics Co. Ltd., Tombot Inc., WEofferwhatYOUwant, and WowWee Group Ltd.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for the forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of Contents:

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Distribution Channel
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
  • 3.4 Market outlook: Forecast for 2021-2026
    • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
    • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
    • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
    • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

  • 4.1 Five forces summary
    • Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
  • 4.2 Bargaining power of buyers
    • Exhibit 18: Bargaining power of buyers – Impact of key factors in 2021 and 2026
  • 4.3 Bargaining power of suppliers
    • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
  • 4.4 Threat of new entrants
    • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
  • 4.5 Threat of substitutes
    • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
  • 4.6 Threat of rivalry
    • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
  • 4.7 Market condition
    • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Distribution Channel

  • 5.1 Market segments
    • Exhibit 24: Chart on Distribution Channel - Market share 2021-2026 (%)
    • Exhibit 25: Data Table on Distribution Channel - Market share 2021-2026 (%)
  • 5.2 Comparison by Distribution Channel
    • Exhibit 26: Chart on Comparison by Distribution Channel
    • Exhibit 27: Data Table on Comparison by Distribution Channel
  • 5.3 Offline - Market size and forecast 2021-2026
    • Exhibit 28: Chart on Offline - Market size and forecast 2021-2026 ($ million)
    • Exhibit 29: Data Table on Offline - Market size and forecast 2021-2026 ($ million)
    • Exhibit 30: Chart on Offline - Year-over-year growth 2021-2026 (%)
    • Exhibit 31: Data Table on Offline - Year-over-year growth 2021-2026 (%)
  • 5.4 Online - Market size and forecast 2021-2026
    • Exhibit 32: Chart on Online - Market size and forecast 2021-2026 ($ million)
    • Exhibit 33: Data Table on Online - Market size and forecast 2021-2026 ($ million)
    • Exhibit 34: Chart on Online - Year-over-year growth 2021-2026 (%)
    • Exhibit 35: Data Table on Online - Year-over-year growth 2021-2026 (%)
  • 5.5 Market opportunity by Distribution Channel
    • Exhibit 36: Market opportunity by Distribution Channel ($ million)

6 Customer Landscape

  • 6.1 Customer landscape overview
    • Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

  • 7.1 Geographic segmentation
    • Exhibit 38: Chart on Market share by geography 2021-2026 (%)
    • Exhibit 39: Data Table on Market share by geography 2021-2026 (%)
  • 7.2 Geographic comparison
    • Exhibit 40: Chart on Geographic comparison
    • Exhibit 41: Data Table on Geographic comparison
  • 7.3 North America - Market size and forecast 2021-2026
    • Exhibit 42: Chart on North America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 43: Data Table on North America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 44: Chart on North America - Year-over-year growth 2021-2026 (%)
    • Exhibit 45: Data Table on North America - Year-over-year growth 2021-2026 (%)
  • 7.4 Europe - Market size and forecast 2021-2026
    • Exhibit 46: Chart on Europe - Market size and forecast 2021-2026 ($ million)
    • Exhibit 47: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
    • Exhibit 48: Chart on Europe - Year-over-year growth 2021-2026 (%)
    • Exhibit 49: Data Table on Europe - Year-over-year growth 2021-2026 (%)
  • 7.5 APAC - Market size and forecast 2021-2026
    • Exhibit 50: Chart on APAC - Market size and forecast 2021-2026 ($ million)
    • Exhibit 51: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
    • Exhibit 52: Chart on APAC - Year-over-year growth 2021-2026 (%)
    • Exhibit 53: Data Table on APAC - Year-over-year growth 2021-2026 (%)
  • 7.6 South America - Market size and forecast 2021-2026
    • Exhibit 54: Chart on South America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 55: Data Table on South America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 56: Chart on South America - Year-over-year growth 2021-2026 (%)
    • Exhibit 57: Data Table on South America - Year-over-year growth 2021-2026 (%)
  • 7.7 Middle East and Africa - Market size and forecast 2021-2026
    • Exhibit 58: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
    • Exhibit 59: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
    • Exhibit 60: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • Exhibit 61: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
  • 7.8 US - Market size and forecast 2021-2026
    • Exhibit 62: Chart on US - Market size and forecast 2021-2026 ($ million)
    • Exhibit 63: Data Table on US - Market size and forecast 2021-2026 ($ million)
    • Exhibit 64: Chart on US - Year-over-year growth 2021-2026 (%)
    • Exhibit 65: Data Table on US - Year-over-year growth 2021-2026 (%)
  • 7.9 Japan - Market size and forecast 2021-2026
    • Exhibit 66: Chart on Japan - Market size and forecast 2021-2026 ($ million)
    • Exhibit 67: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
    • Exhibit 68: Chart on Japan - Year-over-year growth 2021-2026 (%)
    • Exhibit 69: Data Table on Japan - Year-over-year growth 2021-2026 (%)
  • 7.10 China - Market size and forecast 2021-2026
    • Exhibit 70: Chart on China - Market size and forecast 2021-2026 ($ million)
    • Exhibit 71: Data Table on China - Market size and forecast 2021-2026 ($ million)
    • Exhibit 72: Chart on China - Year-over-year growth 2021-2026 (%)
    • Exhibit 73: Data Table on China - Year-over-year growth 2021-2026 (%)
  • 7.11 Germany - Market size and forecast 2021-2026
    • Exhibit 74: Chart on Germany - Market size and forecast 2021-2026 ($ million)
    • Exhibit 75: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
    • Exhibit 76: Chart on Germany - Year-over-year growth 2021-2026 (%)
    • Exhibit 77: Data Table on Germany - Year-over-year growth 2021-2026 (%)
  • 7.12 UK - Market size and forecast 2021-2026
    • Exhibit 78: Chart on UK - Market size and forecast 2021-2026 ($ million)
    • Exhibit 79: Data Table on UK - Market size and forecast 2021-2026 ($ million)
    • Exhibit 80: Chart on UK - Year-over-year growth 2021-2026 (%)
    • Exhibit 81: Data Table on UK - Year-over-year growth 2021-2026 (%)
  • 7.13 Market opportunity by geography
    • Exhibit 82: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

  • 8.1 Market drivers
  • 8.2 Market challenges
  • 8.3 Impact of drivers and challenges
    • Exhibit 83: Impact of drivers and challenges in 2021 and 2026
  • 8.4 Market trends

9 Vendor Landscape

  • 9.1 Overview
  • 9.2 Vendor landscape
    • Exhibit 84: Overview on Criticality of inputs and Factors of differentiation
  • 9.3 Landscape disruption
    • Exhibit 85: Overview on factors of disruption
  • 9.4 Industry risks
    • Exhibit 86: Impact of key risks on business

10 Vendor Analysis

  • 10.1 Vendors covered
    • Exhibit 87: Vendors covered
  • 10.2 Market positioning of vendors
    • Exhibit 88: Matrix on vendor position and classification
  • 10.3 Ageless Innovation LLC
    • Exhibit 89: Ageless Innovation LLC - Overview
    • Exhibit 90: Ageless Innovation LLC - Product / Service
    • Exhibit 91: Ageless Innovation LLC - Key offerings
  • 10.4 BIRANCO Ltd.
    • Exhibit 92: BIRANCO Ltd. - Overview
    • Exhibit 93: BIRANCO Ltd. - Product / Service
    • Exhibit 94: BIRANCO Ltd. - Key offerings
  • 10.5 Consequential Robotics Ltd.
    • Exhibit 95: Consequential Robotics Ltd. - Overview
    • Exhibit 96: Consequential Robotics Ltd. - Product / Service
    • Exhibit 97: Consequential Robotics Ltd. - Key offerings
  • 10.6 Contixo
    • Exhibit 98: Contixo - Overview
    • Exhibit 99: Contixo - Product / Service
    • Exhibit 100: Contixo - Key offerings
  • 10.7 Dimple nyc.
    • Exhibit 101: Dimple nyc. - Overview
    • Exhibit 102: Dimple nyc. - Product / Service
    • Exhibit 103: Dimple nyc. - Key offerings
  • 10.8 Sony Group Corp.
    • Exhibit 104: Sony Group Corp. - Overview
    • Exhibit 105: Sony Group Corp. - Business segments
    • Exhibit 106: Sony Group Corp. - Key news
    • Exhibit 107: Sony Group Corp. - Key offerings
    • Exhibit 108: Sony Group Corp. - Segment focus
  • 10.9 SoundOriginal Electronics Co. Ltd.
    • Exhibit 109: SoundOriginal Electronics Co. Ltd. - Overview
    • Exhibit 110: SoundOriginal Electronics Co. Ltd. - Product / Service
    • Exhibit 111: SoundOriginal Electronics Co. Ltd. - Key offerings
  • 10.10 Tombot Inc.
    • Exhibit 112: Tombot Inc. - Overview
    • Exhibit 113: Tombot Inc. - Product / Service
    • Exhibit 114: Tombot Inc. - Key offerings
  • 10.11 WEofferwhatYOUwant
    • Exhibit 115: WEofferwhatYOUwant - Overview
    • Exhibit 116: WEofferwhatYOUwant - Product / Service
    • Exhibit 117: WEofferwhatYOUwant - Key offerings
  • 10.12 WowWee Group Ltd.
    • Exhibit 118: WowWee Group Ltd. - Overview
    • Exhibit 119: WowWee Group Ltd. - Product / Service
    • Exhibit 120: WowWee Group Ltd. - Key offerings

11 Appendix

  • 11.1 Scope of the report
  • 11.2 Inclusions and exclusions checklist
    • Exhibit 121: Inclusions checklist
    • Exhibit 122: Exclusions checklist
  • 11.3 Currency conversion rates for US$
    • Exhibit 123: Currency conversion rates for US$
  • 11.4 Research methodology
    • Exhibit 124: Research methodology
    • Exhibit 125: Validation techniques employed for market sizing
    • Exhibit 126: Information sources
  • 11.5 List of abbreviations
    • Exhibit 127: List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports, covering 800 technologies spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact

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Email: media@technavio.com
Website: www.technavio.com/

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