Industry Background:
Watch movement is available in three types such as mechanical movement, automatic movement and automatic chronometer movement. Various types of material are used for manufacturing products such as metal, plastic and others. Increasing demands of advanced and efficient wristwatches and the advancement of the electronic industry in developing countries are some of the major factors which affect the growth of the market in the future.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Key Companies Profiled | Oris SA (Switzerland), PIAGET (Switzerland), Breitling (Switzerland), Omega (Switzerland), TAG Heuer (Switzerland), Vacheron Constantin (Switzerland), Jaeger-LeCoultre (Switzerland), FranckMuller (Switzerland), Harwood (United States) and Bovet (Switzerland) |
This growth is primarily driven by Rising Demands of Advanced and Efficient Wrist Watches across the World and Increasing Population has increased the Demand for Products.
Globally, a noticeable market trend is evident Rising trend of shifting towards the latest fashion among the youth across the world, emerging fashion trends among the millennials and increasing demand for smartwatches are some of the major trends of the market. Major Vendors, such as Oris SA (Switzerland), PIAGET (Switzerland), Breitling (Switzerland), Omega (Switzerland), TAG Heuer (Switzerland), Vacheron Constantin (Switzerland), Jaeger-LeCoultre (Switzerland), FranckMuller (Switzerland), Harwood (United States) and Bovet (Switzerland), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years. The market is highly fragmented with the presence of local and regional players operating in the market. Some of the major players operating in the market are Oris SA (Switzerland), Piaget (Switzerland), Breitling (Switzerland), Omega (Switzerland), TAG Heuer (Switzerland), Vacheron Constantin (Switzerland), among others.
Watch Movement Market Dynamics:
Attributes | Details |
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Growth Drivers | - Rising Demands of Advanced and Efficient Wrist Watches across the World
- Increasing Population has increased the Demand for Products
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Influencing Trends | - Rising trend of shifting towards the latest fashion among the youth across the world, emerging fashion trends among the millennials and increasing demand for smartwatches are some of the major trends of the market.
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Restraints | - Availability of Substitute in the Market
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Gaps & Opportunities | - Increasing Number of Consumer of Asia Pacific Region, Due to Rise in Population
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AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints in Watch Movement Market
- Analysis about New Entrants in Watch Movement Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
- An Unbiased Perspective towards Market Performance & Indicators
Against this Challenging Backdrop, Watch Movement Study Sheds Light on
The Watch Movement Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Watch Movement industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Watch Movement industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.