Harrisburg, NC -- (SBWire) -- 04/10/2019 --Global Watches and Clocks Market Insights, Forecast to 2025

Clocks and watches, also known as timekeeping pieces, are a part of an industry made up of primarily of manufacturers and assemblers of watches, clocks, time and date recording devices, timing mechanisms for clock devices and parts like springs, modules and jewels for these pieces. Though Switzerland is often touted as the leader in the watch and clock industry worldwide, the industry has its greatest focus in mainland Asia and Japan. In the U.S., clock and watch shipments dropped drastically in 2009 to $318 million, while the cost of materials increased to $162 million in 2010 from $146 million the year prior. Employment in these industries reflected these trends with the number of employees dropping from 1,703 in 2009 to 1,583 in 2010.

While traditional clocks and watches have experienced downward trends in the United States, smartwatches, which are wrist-worn wearable devices with functionalities the surpass those of the traditional wristwatch, have grown in popularity. The global market for smartwatches was estimated to be valued at $702.5 million in 2013 with shipments of over 2 million units in the same year. High-end smartwatches encompassed approximately 90% of the overall market share in 2013, though the industry finds many consumers are still reluctant to pay between $250 and $300 for these devices.

The Global Watches and Clocks market is expected to be worth USD 63 billion in 2022 and will grow at the CAGR of 6.9% from 2016 to 2022.

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Top Leading Companies are: AcuRite,SDI Technologies,Sangean,Westclox clocks,Sonic Alert,La Crosse Technology,SONY,Emerson Radio Corporation,Oregon Scientific,Philips Electronics,Electrohome,Gingko Electronics,Lumie,Brookpace Lascelles,Newgate Clocks,The White Company,Swatch Group,Rolex,Richemont,LVMH,Fossil,Citizen,Seiko,Patek Philippe,Casio,Chopard,Audemars Piguet,Movado Group,Kering

By application, segmentation includes display time, adornment, collection and other. By regions, segmentation includes North America, Europe, China, Japan, SE Asia and India. Growth in watches will over the next years be attributed to luxury watches making a strong comeback driving sales, desire to own exquisite and elegant models and thriving demand from markets in developing market economies such as Asia- pacific.

Contents of the 15 Chapters for This Watches and Clocks Market Study:-

Chapter 1, to describe Watches and Clocks Introduction, product scope, market overview, market opportunities, market risk, market driving force;

Chapter 2, to analyze the top manufacturers of Watches and Clocks , with sales, revenue, and price of Watches and Clocks , in 2017 and 2019;

Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2017 and 2019;

Chapter 4, to show the global market by regions, with sales, revenue and market share of Watches and Clocks, for each region, from 2013 to 2019;

Chapter 5, 6, 7, 8 and 9, to analyze the key regions, with sales, revenue and market share by key countries in these regions;

Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2013 to 2019;

Chapter 12, Watches and Clocks market forecast, by regions, type and application, with sales and revenue, from 2019 to 2025;

Chapter 13, 14 and 15, to describe Watches and Clocks sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source.

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Watches and Clocks Market, by Type:

Sport Watches
Luxury Watches
Diamond Watches
Alarm Clock
Wall Clock

Watches and Clocks Market, by End User:

Display Time
Adornment
Collection
Other

IoT has penetrated watches industry and wearables are the terms given to them. They have a record of your body metabolism to the last detail such as pulse rate, heartbeat, number of steps taken/second and many companies have joined the bandwagon to manufacture these digital marvels. Companies involved in the manufacture include fitbit— activity trackers, the company is based out of California and is wireless enabled. The variants include fitbit-Blaze.

Apple, Reliance, Fossil, Samsung Gear and DZ09 found only on e-bay are activity trackers cum smart watches.. Well-smart watches are here and traditional watches are not to be written off still and companies have their hands full but eventually their luck may run out. Theyare priced evenly and may even better analogue dials where Rolex, Longinnes, Chophards, rule and cost somewhere between 30000 and 50000. Smart watches are attractive, ornamented dials powered by lithium battery are some of the attractive features.

The report will make detailed analysis mainly on the development environment, Market size, development trends, operation situation and future development trends of Watches and Clocks Market on the basis of current situation of the industry in 2019 so as to make full comprehension and judgment on the competitive situation of Watches and Clocks Market Carrier and assist manufacturers and investment organization to better grasp the development course of Watches and Clocks Market.

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Important attributes of the report:

The 360-degree Watches and Clocks overview based on a global and regional level.
Market share, value, volume, and production capacity is analyzed on global, regional and country level.
A complete and useful guide for new market aspirants.
Forecast information will drive strategic, innovative and profitable business plans.
SWOT analysis of players will pave the way for growth opportunities, risk analysis, investment feasibility and recommendations.
Lastly, the research methodology and data sources are offered in this report.
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