About Minute Repeater
A repeater is a complication in a mechanical clock that strikes the hours and often minutes at the push of a button. There are many types of repeaters, from the simple repeater that just tells the number of hours to the minute repeater that times the time down to the minute and uses separate tones for hours, quarters, and minutes. They were created before widespread artificial lighting to determine the time in the dark and were also used by the visually impaired. Today they are mostly valued by watch enthusiasts as expensive innovations. A minute repeater is a mechanical clock that shows the time with conventional hands and strikes the time like a grandfather clock, but with one difference. The minute repeater does not sound automatically at regular intervals, but only on request. When pressed, a button called a slider on the side of a minute repeater starts a mechanism that displays the time. Minute repeaters were developed in England in the 17th and 18th centuries and tell the time in hours, quarters, and minutes, hence their name. Repeaters served a practical purpose of telling time in the dark. If street lights were rare and matches and candles were precious, chimes were a logical solution, but not an easy one.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 14.0% |
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products, and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that Global Vendors will contribute the maximum growth to Global Minute Repeater market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Jaeger-LeCoultre (Switzerland), Breguet (Switzerland), Audemars Piguet (Switzerland), Lange and Sohne (Germany), Bulgari (Italy), Jaquet Droz (Switzerland), Piaget SA (Switzerland), Tutima (Germany), Ulysse Nardin (Switzerland) and Vacheron Constantin (Switzerland) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Minute Repeater market by Type (41mm, 44mm, 45mm, 48mm, 49mm and Other) and Region.
On the basis of geography, the market of Minute Repeater has been segmented into 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). If we see Market by Movement, the sub-segment i.e. Manual Winding will boost the Minute Repeater market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel, the sub-segment i.e. Department Store will boost the Minute Repeater market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Gender, the sub-segment i.e. Men will boost the Minute Repeater market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Watch Type, the sub-segment i.e. Wristwatch will boost the Minute Repeater market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Various Top Players are Launching Innovative Watch Design Every Year, Rising Popularity of Vintage Watches and Clocks Especially Among Watch Connoisseurs and Adoption of Online Sales Channels
Market Growth Drivers:
A Rise in Disposable Income and Burgeoning Upper Middle Class in Various Emerging Economies and High Demand for Various Types of Watches
Challenges:
Availability of Low-Quality Products in the Market
Restraints:
Fluctuations in the Raw Material Prices and Presence of Counterfeit Products
Opportunities:
Growing Demand from End-users and Growth in the E-commerce Industry
Market Leaders and their expansionary development strategies
In August 2023, The House of Breguet unveils a new minute repeater. An outstanding technician, Abraham-Louis Breguet quickly developed a passion for the subject and sought ways of improving the mechanism. For this reason, as early as 1783, he created the first repeating watches striking a spring blade instead of the bell-type gong used until then. Today Breguet pays tribute to them through a new timepiece.
In March 2023, Bulgari launched the Octo Finissimo Tourbillon, the world’s thinnest ever tourbillon-housing timepiece. This time the luxury jewellers have created the world’s thinnest minute repeater watch, the Octo Finissimo Minute Repeater, a hallmark of luxury and technical engineering. Before electricity, minute repeaters were useful for telling the time in the dark, or for the visually impaired, by chiming the hours and minutes.
Key Target Audience
Manufactures of Minute Repeater, Suppliers and Distributors of Minute Repeater, End-Users, Potential Investors, Market Research Firms, Regulatory Bodies and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.