What is Surf Watches?
Surf watches are specially designed watches for underwater applications. It is mainly used by wave riders, surfers and sea navigators. They provide information about water temperature, wave height, wind direction & speed, and wave period. These watches are integrated with Wi-Fi and GPS systems for checking and updating ocean conditions in real-time. Surf watches market has high growth prospects owing to increasing demand for recreational activities and growing demand for water adventure sports. Moreover, rising demand from the developing economies expected to drive the market demand over the forecasted period.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Key Companies Profiled | Rip Curl (Australia), Nixon (United Kingdom), Vestal Watches (United States), Quiksilver (Australia), Casio Computer Co., Ltd. (Japan), G-SHOCK (United States), Freestyle Brands LLC (United States), Tommy Hilfiger (United States), Seiko Watch Corporation (Japan) and Citizen Watch Company of America, Inc. (United States) |
The study covers a detailed analysis segmented by key business segments i.e. , by application (Fishing, Water Sports, Navigation and Others) and major geographies. Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Surf Watches market throughout the predicted period.
The competition is expected to become even more intense in the years to come due to the entry of several new players in the market. To help clients improve their revenue shares in the market, this research study provides an in-depth analysis of the markets competitive landscape and offers information on the products offered by various leading companies. Additionally, this Surf Watches market report suggests strategies that Vendors can follow and highlights key areas they should focus on, in order to take maximum benefits of growth opportunities.
The report offers several leading Vendors, some of them are Rip Curl (Australia), Nixon (United Kingdom), Vestal Watches (United States), Quiksilver (Australia), Casio Computer Co., Ltd. (Japan), G-SHOCK (United States), Freestyle Brands LLC (United States), Tommy Hilfiger (United States), Seiko Watch Corporation (Japan) and Citizen Watch Company of America, Inc. (United States).
The market for Surf Watches is highly competitive with several global as well as local players in the market. The global players are trying various strategies such as product innovation and using various marketing strategies to gain a higher market share.
Surf Watches Market Dynamics:
Attributes | Details |
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Growth Drivers | - Increasing Number of Surfing Tournaments
- Growing Inclination towards Recreational Activities
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Major Trends | - Growing Focus on Advanced Technology Offerings
- The Integration of IoT Technology
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Restraints | - High Coat Associated With Surf Watches
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Road Blocks / Challenges | - Design the Compact Design for Surf Watches
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Gaps & Opportunities | - Rise in Water Adventure Sports across the Globe
- Increasing Demand from Developing Economies
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Key highlights of the Global Surf Watches market Study:
CAGR of the market during the forecast period 2021-2027
In-depth information on growth factors that will accelerate the Surf Watches market in next few years.
Detailed Insights on futuristic trends and changing consumer behavior
Forecast of the Global Surf Watches market size and its contribution to the parent market by type, application and by country.
A broad view of customer demand
Uncover markets competitive landscape and in-depth information on various Vendors
Comprehensive information about factors that will challenge the growth of Surf Watches Vendors
Transformation and Important Triggers:
Business transformation has taken hold across the broad corporate landscape due to the confluence of several important triggers, including:
A tipping point in globalization
A major slowdown in Western economies
Significant shifts in technology and cost structure
The challenges of regulatory compliance
New forms of competition developing
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Surf 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, and SIC to penetrate deep into important geographies by players, and a thorough validation test is conducted to reach the most relevant players for survey in Surf Watches market.
In order to make a priority list sorting is done based on revenue generated based on the latest reporting, using 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 Surf Watches Manufacturers, Surf Watches Distributors, Electronic Component Providers, Technology Providers, Potential Investors, Government and Research Organizations, Trade Associations and Industry Bodies and Others.
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 include Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases, etc.