Market Highlights: Running Watches is an information processing device which is wearable in the wrist, it has the basic time function, which could be used for sports. The Running Watches are primarily used in Biking, Running, Climbing, Cardio Training, and Other sports. There are a number of different kind of running watches available for runners. They have the function of Pedometer, GPS, HRM (heart rate monitor) or with a combination with them The market study is being classified by Type (Pedometer Watches, GPS Watches, Heart Rate Watches and GPS +HRM Watches), by Application (Biking, Climbing, Cardio Training and Others) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Key Players: The prominent players in the Running Watches are Fitbit (United States), Samsung (South Korea), Garmin (United States), Suunto (Finland), Casio (Japan), Polar (Finland), Motorola/Lenovo (United States), TomTom (United Kingdom) and Xiaomi (China).
Major Market Development Highlights Tomtom partners-up with DKV to help truckers save fuel and Fitbit, Inc. the leading global wearables brand, announced that it will acquire Twine Health, an innovative, proven health coaching platform that empowers people to achieve better health outcomes Tomtom telematics named Europe’s largest provider of fleet management solutions for the fourth year running, Tomtom and BMW Motorrad provide in-bike navigation via the app, Tomtom mapping data to power end-to-end analytics platform, Fitbit CEO James Park said his company plans to transition to software and services over hardware and Fitbit makes an acquisition to enhance health care service offerings
Key Questions Answered in the Report What will the Running Watches Market size and the growth rate be in Future? What are the key factors driving the Running Watches Market? What are the key market trends and macro-economic impacting the growth of the Running Watches Market? What are the challenges to market growth? Who are the key vendors in the Running Watches Market? What are the market opportunities and threats faced by the vendors in the Running Watches Market? Trending factors influencing the market shares of the Vendors. What are the key outcomes of the five forces analysis of the Running Watches Market?
Research Methodology: The top-down and bottom-up approaches are used to estimate and validate the size of the Global Running Watches market. In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Running Watches market. In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc. Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Manufacturer, Sub component manufacturer, Channel partners, Industry association, Downstream vendors, Government and investment communities and Research organisation and associations. This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth etc. Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.