Outdoor Watch Market Size By Application, Industry Analysis Reports, Regional Outlook (North America, Europe, Asia Pacific, Middle East & Africa, And South America), Growth Potential, Price Trends, Competitive Market Shares & Forecast 2023 - 2030 (Recession Impact Analysis)
ID : MRU_
21600 | Date :
Jan, 2023 | Pages :
186 | Region : Global |
Publisher : RI
Outdoor watch is the one that can be worn in various sports and features one or multiple functions to meet the requirements of professional sports. It can offer your detailed data about environment during exercise, so it has great assistant and guidance meaning for outdoor enthusiasts.To be more exact, outdoor watches are not only is a watch, more like a hi-tech equipment.
The outdoor watch is waterproof, shockproof, anti-shock and anti-friction, besides, it can measure pressure, height, heart rate and direction. Moreover, it probably has other value-added functions such as Tide Graph Display, computer operation, GPS and other emerging capabilities. The current popular outdoor sport watches are made of excellent stainless steel, titanium, aluminum, rubber, carbon fiber, or ceramic alloys. Selecting sport watch with different material can display the wearers\' unique personality.
With the development of the smartwatch in recent years, it is difficult to define the outdoor watch (also call sport watch).More and more smartwatch have the function of traditional outdoor watch.
At present, in developed countries, the outdoor watch industry is generally at a more advanced level. The world's famous enterprises are mainly concentrated in Switzerland, USA and Japan. Meanwhile, foreign companies have more advanced equipment, strong R & D capability, and leading technical level. However, foreign companies\' manufacturing cost is relatively higher, compared with Chinese companies. With the development of Chinese outdoor watch production technology, their share in the international market is increasing, and competitiveness in the international market gradually increases.
China\'s outdoor watch industry has developed into a national wide status with certain research and production capacity, industry product mix has gradually improved, currently. China has become a large international consumption country of outdoor watch, but the production technology is relatively laggard to produce some low-end product. Although the new production lines are increasing, and the high-end product is still relying on import.
With the rapid growth of the national economy as well as the rapid development of smartwatch, Chinese outdoor watch market demand is exuberant, it will provide a good opportunity for the development of watch market and technology.The smartwatch manufacturer has squeezed the traditional outdoor watch market. But there are also opportunities to the watch brands which has established to deliver quality and to determine style trends for watches.Most traditional watch manufacturers also enter into the smartwatch market.The competition will more intense in next few years.
The Global Outdoor Watch Market size was xxx million USD with a CAGR xx % from 2018- 2022. It will stretch to xxx million USD in 2023 with a CAGR of xx % from 2023 - 2030.
As the report focuses on global Outdoor Watch Market, mainly in Europe and Asia Pacific, North America, Middle East and Africa, and South America. This report segmented the Market on the basis of regions, manufacturers, applications, and type.
in addition, this report introduces Market competition situation among the vendors and company profile, besides, Market price analysis and value chain features are covered in this report.
In Market segmentation by manufacturers, the report covers the following companies-
Swatch Group
Rolex
Suunto
Casio
Seiko
Garmin
LUMINOX
Fossil
Citizen
Chopard
Movado Group
TIMEX
NOMOS Glashütte
Ezon
Apple
Samsung
Pebble
Huawei
Sony
LG
Fitbit
In Market segmentation by geographical regions, the report has analyzed the following regions- North America (USA, Canada and Mexico) Europe (Germany, France, UK, Russia and Italy) Asia-Pacific (China, Japan, Korea, India and Southeast Asia) South America (Brazil, Argentina, Columbia etc.) Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In Market segmentation by types covers:
Quartz Movement
Mechanical Movement In Market segmentation by applications :
Amateur Outdoor Enthusiasts
Professional Outdoor Enthusiasts
Apart from the drivers, restraints, and opportunities, the report also offers competitive landscape, including various growth strategies adopted by profiled players for establishing significant position in the industry. The segmentation included in the comprehensive report will help respectable manufacturers to set up their processing units in the regions and increase their global presence. This would also benefit the industry and increase the company\'s product portfolio.
The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Outdoor Watch Market for the forecast period 2023 - 2030?
• What are the driving forces in the Outdoor Watch Market for the forecast period 2023 - 2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Outdoor Watch industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players? Any special requirements about this report, please let us know and we can provide custom report.
Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.
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