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Robotic Pet Dogs Market by Distribution Channel and Geography - Forecast and Analysis 2022-2026

  • Published: Mar 2022
  • Pages: 128
  • SKU: IRTNTR72446
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The robotic pet dogs market share is expected to increase to USD 914.33 million from 2021 to 2026, at a CAGR of 11.28%.

This robotic pet dogs market research report extensively covers robotic pet dogs market segmentation by distribution channel (offline and online) and geography (North America, Europe, APAC, South America, and Middle East and Africa). The robotic pet dogs market report also offers information on several market vendors, including 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. among others. Furthermore, this report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches.

What will the Robotic Pet Dogs Market Size be During the Forecast Period?

Robotic Pet Dogs Market Size

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Robotic Pet Dogs Market: Key Drivers, Trends, and Challenges

The efficiency of robotic pet dogs in the entertaining aged population is notably driving the robotic pet dogs market growth, although factors such as the high price for advanced robotic pet dogs may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the robotic pet dogs industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Robotic Pet Dogs Market Driver

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.

Key Robotic Pet Dogs Market Trend

The increased adoption of multi-channel marketing and promotional strategies by vendors is another factor supporting the robotic pet dogs market growth. Vendors invest heavily in the marketing and promotional activities of their products. They use various methods to increase their brand equity and promote their products, such as direct marketing, which includes e-mail, print advertising, catalogs, and others. Furthermore, they use social media platforms such as Facebook, Twitter, Pinterest, and Google+ for product promotion. The advent of several social media and marketing platforms has increased consumer reach. Therefore, vendors are investing considerably in developing digital and social marketing strategies to expand their consumer reach. Such factors will propel the market growth during the forecast period.

Key Robotic Pet Dogs Market Challenge

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 in its 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.

This robotic pet dogs market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Who are the Major Robotic Pet Dogs Market Vendors?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

 

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

 

This statistical study of the robotic pet dogs market encompasses successful business strategies deployed by the key vendors. 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.

Product Insights and News

  • Contixo - The company offers robotic pet dogs under the brand name Intellipup.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The robotic pet dogs market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Which are the Key Regions for Robotic Pet Dogs Market?

Robotic Pet Dogs Market Market segmentation by region

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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. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

The outbreak of COVID-19 in 2020 adversely affected all business activities and industries of this region. The increase in COVID-19 cases in various parts of the region resulted in nationwide lockdowns in countries such as US and Canada. However, the demand for robotic pet dogs is expected to increase during the forecast period, owing to progressing vaccination drives across the region and the easing of nationwide lockdowns.

What are the Revenue-generating Distribution Channel Segments in the Robotic Pet Dogs Market?

Robotic Pet Dogs Market Segmentation

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The robotic pet dogs market share growth by the offline segment will be significant during the forecast period. The offline segment generates revenue from the sales of products through specialty stores, hypermarkets, supermarkets, convenience stores, clubhouse stores, and, department stores. However, the availability of all products at a single stop is the major factor driving its growth. Such easy accessibility will drive the segment growth during the forecast period.

This report provides an accurate prediction of the contribution of all the segments to the growth of the robotic pet dogs market size and actionable market insights on post COVID-19 impact on each segment.

Parent Market Analysis

Technavio categorizes the robotic pet dogs market as a part of the global industrial machinery market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the robotic pet dogs market during the forecast period.

Robotic Pet Dogs Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the robotic pet dogs market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

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

$ 914.33 million

Market structure

Concentrated

YoY growth (%)

16.34

Regional analysis

North America, Europe, APAC, South America, and Middle East and Africa

Performing market contribution

North America at 35%

Key consumer countries

US, Japan, China, Germany, and UK

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key 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 recovery analysis and future consumer dynamics, Market condition analysis for the forecast period

Customization purview

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What are the Key Data Covered in this Robotic Pet Dogs Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive robotic pet dogs market growth during the next five years
  • Precise estimation of the robotic pet dogs market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the robotic pet dogs industry across North America, Europe, APAC, South America, and Middle East and Africa
  • A thorough analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of robotic pet dogs market vendors

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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

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              TechnavioINFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases
              Technavio

              TechnavioDATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts
              Technavio

              TechnavioREPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape
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              Robotic Pet Dogs Market market growth will increase by $914.33 million during 2022-2026.
              The robotic pet dogs market market is expected to grow at a CAGR of 11.28% during 2022-2026.
              Technavio has segmented the robotic pet dogs market market by distribution channel (Offline and Online) and geographic (North America, Europe, APAC, South America, and Middle East and Africa).
              Ageless Innovation LLC, BIRANCO Ltd., Consequential Robotics Ltd., Contixo, Dimple nyc., Hyundai Motor Co., Sony Group Corp., SoundOriginal Electronics Co. Ltd., Tombot Inc., WEofferwhatYOUwant, WowWee Group Ltd. are a few of the key vendors in the robotic pet dogs market market.
              North America will register the highest growth rate of 35% among the other regions. Therefore, the robotic pet dogs market market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
              The key factors driving the robotic pet dogs market market growth are:
              • efficiency of robotic pet dogs in entertaining aged population
              • Increased adoption of multi-channel marketing and promotional strategies by vendors
              The robotic pet dogs market market vendors should focus on grabbing business opportunities from the offline segment as it accounted for the largest market share in the base year.
              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?
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              • Five-force market analysis

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