Watch, Clock, Measuring Device Market Report 2023

Watch, Clock, Measuring Device Global Market Report 2023 – By Type (Watches and Clocks, Measuring Devices), By Price Range (Low Range, Mid Range, Luxury), By Distribution Channel (Offline Retail Stores, Online Retail Stores), By End User Sex (Women, Men, Unisex) – Market Size, Trends, And Global Forecast 2023-2032

Starting Price : $4000.00 | Pages : 175 | Published : January 2023 | Delivery Time: 2-3 business days | Format :

Need assistance or more information before the purchase?

Enquire Before Buying
Watch, Clock, Measuring Device Market

Proud Members Of

A watch is a portable timepiece worn by individuals around the wrist and attached by a strap. A clock is a device used for measuring and indicating time, using pointers moving over a dial. A measuring device is an instrument used to measure various physical parameters. Watches, clocks, and measuring devices are used for measuring time and physical quantity.

The main types of the watch, clock, and measuring devices are watches and clocks, measuring devices. A measuring instrument is a device that is used to estimate the quantity of a parameter. Measurement is the process of collecting and analyzing physical quantities of real-world objects and events in the physical sciences, quality assurance, and engineering. There are three price ranges: low, mid, and luxury.The various distribution channels are offline retail stores and online retail stores. The various end-users are women, men, and unisex.

The global watch, clock, measuring device market is segmented -

1) By Type: Watches and Clocks, Measuring Devices

2) By Price Range: Low Range, Mid-Range, Luxury

3) By Distribution Channel: Offline Retail Stores, Online Retail Stores

4) By End User Sex: Women, Men, Unisex

The global watch, clock, measuring device market size will grow from $93.38 billion in 2022 to $104.21 billion in 2023 at a compound annual growth rate (CAGR) of 11.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global watch, clock, measuring device market size is expected to grow to $156.4 billion in 2027 at a CAGR of 10.7%.

The rise in disposable incomes was a major driver of the watch, clock, and measuring device market. The rise in disposable incomes was mainly driven by economic growth and middle-class population growth in developing countries such as China, India, and Brazil. According to the World Bank, the world’s middle-class population – defined as earning between $10 and $100 per day – increased from approximately 1.5 to 2 billion. Moreover, China’s economy grew by 6.9% and India’s GDP grew by 7.1%. Increased earnings greatly increased disposable incomes in emerging markets, contributing to the watch, clock, and measuring device market growth.

Major players in the watch, clock, and measuring device markets are Apple Inc., Fitbit Inc., Samsung Electronics Co., Ltd., Garmin Ltd., Huawei Investment & Holding Co., Ltd., Lvmh Moet Hennessy Louis Vuitton SE, and Rolex SA.

Rising trade protectionism acts as a major challenge in the watch, clock, and measuring device market. Trade protectionism is characterized as a country, or a group of countries working related as an exchange alliance, making exchange boundaries with the particular objective of protecting its economy from the potential dangers of worldwide trading. The target of trade protectionism is to ensure a country's fundamental monetary interests, for example, its key ventures, wares, and work of laborers. A wide number of trade barriers have been introduced since mid-2018, the major one has been higher tariffs on bilateral trade between the US and China. This increase in protectionism has contributed to a slowdown in global growth through direct effects on trade flows, supply chains, and import costs, and indirect effects on business sentiment, uncertainty, and investment around the world. Therefore, rising trade protectionism will negatively impact the watch, clock, and measuring device market growth.

Internet of things (IoT) driven smartwatches are the highly preferred choice of watches. Smartwatches connected to the internet offer a wide range of features such as time, health monitoring, fitness tracking, receiving calls and messages, entertainment, cardless payments, and connectivity to other IoT devices to improve the quality of the user’s life. With increasing consumers’ interests in health and fitness, convenience in day-to-day activities, and smart homes, wearable IoT devices such as smartwatches offer various features. G For instance, in February 2021, according to Eurostat, the Luxembourg-based statistical office of the European Union, responsible for publishing high-quality statistics, the use of smartwatches, fitness bands, internet-linked goggles or headsets, and other internet-connected accessories was reported by nearly one-fifth (19%) of EU citizens ages 16 to 74. Moreover, younger individuals (aged 16–24) utilized these smart wearables more frequently (28%) than older individuals (aged 25–54) (23%), who were followed by older individuals (aged 55–64) with 11%.

In February 2020, Titan Company Limited, an India-based company operating in fashion accessories such as jewelry, watches, and eyewear acquired HUG Innovations Corp. for an undisclosed amount. Through this acquisition, Titan Company Limited aims to strengthen its product portfolio in connected wearable devices. HUG Innovations Corp. is an India-based company operating in smartwatches.

The Asia-Pacific was the largest region in the watch, clock, measuring device market in 2022. North America is the second-largest region in the global watch, clock, measuring device market share. The regions covered in the global watch, clock, measuring device market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

The countries covered in the watch, clock, measuring device market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA.

The watch, clock, and measuring device market consists of sales of alarm clocks, clock materials and parts, time clocks, wall clocks, electrodes, level and bulk measuring instruments, nanofluidic measurement and control devices, orifice plates, and other watches, clock, measuring devices. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The watch, clock, measuring device market research report is one of a series of new reports from The Business Research Company that provides watch, clock, measuring device market statistics, including watch, clock, measuring device industry global market size, regional shares, competitors with a watch, clock, measuring device market share, detailed watch, clock, measuring device market segments, market trends and opportunities, and any further data you may need to thrive in the watch, clock, measuring device industry. This watch, clock, and measuring device market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

    Table Of Contents

    1. Executive Summary

    2. Watch, Clock, Measuring Device Market Characteristics

    3. Watch, Clock, Measuring Device Market – Macro Economic Scenario

    3.1 COVID-19 Impact On Watch, Clock, Measuring Device Market

    3.2 Ukraine-Russia War Impact On Watch, Clock, Measuring Device Market

    3.3 Impact Of High Inflation On Watch, Clock, Measuring Device Market

    4. Watch, Clock, Measuring Device Market Size And Growth

    4.1. Global Watch, Clock, Measuring Device Historic Market, 2017 - 2022, $ Billion

    4.1.1. Drivers Of The Market

    4.1.2. Restraints On The Market

    4.2. Global Watch, Clock, Measuring Device Forecast Market, 2022 - 2027F, 2032F, $ Billion

    4.2.1. Drivers Of The Market

    4.2.2. Restraints On the Market

    5. Watch, Clock, Measuring Device Market Segmentation

    5.1. Global Watch, Clock, Measuring Device Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    Watches and Clocks

    Measuring Devices

    5.2. Global Watch, Clock, Measuring Device Market, Segmentation By Price Range, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    Low Range

    Mid Range

    Luxury

    5.3. Global Watch, Clock, Measuring Device Market, Segmentation By Distribution Channels, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    Offline Retail Stores

    Online Retail Stores

    5.4. Global Watch, Clock, Measuring Device Market, Segmentation By End User Sex, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    Women

    Men

    Unisex

    6. Watch, Clock, Measuring Device Market Regional And Country Analysis

    6.1. Global Watch, Clock, Measuring Device Market, Split By Region, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    6.2. Global Watch, Clock, Measuring Device Market, Split By Country, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    7. Asia-Pacific Watch, Clock, Measuring Device Market

    7.1. Asia-Pacific Watch, Clock, Measuring Device Market Overview

    7.2. Asia-Pacific Watch, Clock, Measuring Device Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    8. China Watch, Clock, Measuring Device Market

    8.1. China Watch, Clock, Measuring Device Market Overview

    8.2. China Watch, Clock, Measuring Device Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F,$ Billion

    9. India Watch, Clock, Measuring Device Market

    9.1. India Watch, Clock, Measuring Device Market Overview

    9.2. India Watch, Clock, Measuring Device Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    10. Japan Watch, Clock, Measuring Device Market

    10.1. Japan Watch, Clock, Measuring Device Market Overview

    10.2. Japan Watch, Clock, Measuring Device Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    11. Australia Watch, Clock, Measuring Device Market

    11.1. Australia Watch, Clock, Measuring Device Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    12. Indonesia Watch, Clock, Measuring Device Market

    12.1. Indonesia Watch, Clock, Measuring Device Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    13. South Korea Watch, Clock, Measuring Device Market

    13.1. South Korea Watch, Clock, Measuring Device Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    14. Western Europe Watch, Clock, Measuring Device Market

    14.1. Western Europe Watch, Clock, Measuring Device Market Overview

    14.2. Western Europe Watch, Clock, Measuring Device Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    15. UK Watch, Clock, Measuring Device Market

    15.1. UK Watch, Clock, Measuring Device Market Overview

    15.2. UK Watch, Clock, Measuring Device Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    16. Germany Watch, Clock, Measuring Device Market

    16.1. Germany Watch, Clock, Measuring Device Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    17. France Watch, Clock, Measuring Device Market

    17.3. France Watch, Clock, Measuring Device Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    18. Eastern Europe Watch, Clock, Measuring Device Market

    18.1. Eastern Europe Watch, Clock, Measuring Device Market Overview

    18.2. Eastern Europe Watch, Clock, Measuring Device Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    19. Russia Watch, Clock, Measuring Device Market

    19.1. Russia Watch, Clock, Measuring Device Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    20. North America Watch, Clock, Measuring Device Market

    20.1. North America Watch, Clock, Measuring Device Market Overview

    20.2. North America Watch, Clock, Measuring Device Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    21. USA Watch, Clock, Measuring Device Market

    21.1. USA Watch, Clock, Measuring Device Market Overview

    21.2. USA Watch, Clock, Measuring Device Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    22. South America Watch, Clock, Measuring Device Market

    22.1. South America Watch, Clock, Measuring Device Market Overview

    22.2. South America Watch, Clock, Measuring Device Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    23. Brazil Watch, Clock, Measuring Device Market

    23.1. Brazil Watch, Clock, Measuring Device Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    24. Middle East Watch, Clock, Measuring Device Market

    24.1. Middle East Watch, Clock, Measuring Device Market Overview

    24.2. Middle East Watch, Clock, Measuring Device Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    25. Africa Watch, Clock, Measuring Device Market

    25.1. Africa Watch, Clock, Measuring Device Market Overview

    25.2. Africa Watch, Clock, Measuring Device Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    26. Watch, Clock, Measuring Device Market Competitive Landscape And Company Profiles

    26.1. Watch, Clock, Measuring Device Market Competitive Landscape

    26.2. Watch, Clock, Measuring Device Market Company Profiles

    26.2.1. Apple Inc.

    26.2.1.1. Overview

    26.2.1.2. Products and Services

    26.2.1.3. Strategy

    26.2.1.4. Financial Performance

    26.2.2. Fitbit Inc.

    26.2.2.1. Overview

    26.2.2.2. Products and Services

    26.2.2.3. Strategy

    26.2.2.4. Financial Performance

    26.2.3. Samsung Electronics Co. Ltd.

    26.2.3.1. Overview

    26.2.3.2. Products and Services

    26.2.3.3. Strategy

    26.2.3.4. Financial Performance

    26.2.4. Garmin ltd.

    26.2.4.1. Overview

    26.2.4.2. Products and Services

    26.2.4.3. Strategy

    26.2.4.4. Financial Performance

    26.2.5. Huawei Investment & Holding Co., Ltd.

    26.2.5.1. Overview

    26.2.5.2. Products and Services

    26.2.5.3. Strategy

    26.2.5.4. Financial Performance

    27. Key Mergers And Acquisitions In The Watch, Clock, Measuring Device Market

    28. Watch, Clock, Measuring Device Market Trends And Strategies

    29. Watch, Clock, Measuring Device Market Future Outlook and Potential Analysis

    30. Appendix

    30.1. Abbreviations

    30.2. Currencies

    30.3. Historic And Forecast Inflation Rates

    30.4. Research Inquiries

    30.5. The Business Research Company

    30.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2017-2022, $ Billion
  • Table 2: Global Forecast Market Growth, 2017-2022, 2027F, 2032F, $ Billion
  • Table 3: Global Watch, Clock, Measuring Device Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 4: Global Watch, Clock, Measuring Device Market, Segmentation By Price Range, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 5: Global Watch, Clock, Measuring Device Market, Segmentation By Distribution Channel, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 6: Global Watch, Clock, Measuring Device Market, Segmentation By End User Sex, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 7: Global Watch, Clock, Measuring Device Market, Split By Region, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 8: Global Watch, Clock, Measuring Device Market, Split By Country, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 9: Asia-Pacific, Watch, Clock, Measuring Device Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 10: China, Watch, Clock, Measuring Device Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 11: India, Watch, Clock, Measuring Device Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 12: Japan, Watch, Clock, Measuring Device Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 13: Australia, Watch, Clock, Measuring Device Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 14: Indonesia, Watch, Clock, Measuring Device Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 15: South Korea, Watch, Clock, Measuring Device Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 16: Western Europe, Watch, Clock, Measuring Device Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 17: UK, Watch, Clock, Measuring Device Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 18: Germany, Watch, Clock, Measuring Device Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 19: France, Watch, Clock, Measuring Device Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 20: Eastern Europe, Watch, Clock, Measuring Device Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 21: Russia, Watch, Clock, Measuring Device Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 22: North America, Watch, Clock, Measuring Device Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 23: USA, Watch, Clock, Measuring Device Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 24: South America, Watch, Clock, Measuring Device Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 25: Brazil, Watch, Clock, Measuring Device Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 26: Middle East, Watch, Clock, Measuring Device Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 27: Africa, Watch, Clock, Measuring Device Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 28: Apple Inc. Financial Performance
  • Table 29: Fitbit Inc. Financial Performance
  • Table 30: Samsung Electronics Co. Ltd. Financial Performance
  • Table 31: Garmin ltd. Financial Performance
  • Table 32: Huawei Investment & Holding Co., Ltd. Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2017-2022, $ Billion
  • Figure 2: Global Forecast Market Growth, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 3: Global Watch, Clock, Measuring Device Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 4: Global Watch, Clock, Measuring Device Market, Segmentation By Price Range, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 5: Global Watch, Clock, Measuring Device Market, Segmentation By Distribution Channel, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 6: Global Watch, Clock, Measuring Device Market, Segmentation By End User Sex, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 7: Global Watch, Clock, Measuring Device Market, Split By Region, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 8: Global Watch, Clock, Measuring Device Market, Split By Country, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 9: Asia-Pacific, Watch, Clock, Measuring Device Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 10: China, Watch, Clock, Measuring Device Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 11: India, Watch, Clock, Measuring Device Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 12: Japan, Watch, Clock, Measuring Device Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 13: Australia, Watch, Clock, Measuring Device Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 14: Indonesia, Watch, Clock, Measuring Device Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 15: South Korea, Watch, Clock, Measuring Device Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 16: Western Europe, Watch, Clock, Measuring Device Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 17: UK, Watch, Clock, Measuring Device Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 18: Germany, Watch, Clock, Measuring Device Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 19: France, Watch, Clock, Measuring Device Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 20: Eastern Europe, Watch, Clock, Measuring Device Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 21: Russia, Watch, Clock, Measuring Device Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 22: North America, Watch, Clock, Measuring Device Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 23: USA, Watch, Clock, Measuring Device Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 24: South America, Watch, Clock, Measuring Device Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 25: Brazil, Watch, Clock, Measuring Device Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 26: Middle East, Watch, Clock, Measuring Device Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 27: Africa, Watch, Clock, Measuring Device Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 28: Apple Inc. Financial Performance
  • Figure 29: Fitbit Inc. Financial Performance
  • Figure 30: Samsung Electronics Co. Ltd. Financial Performance
  • Figure 31: Garmin ltd. Financial Performance
  • Figure 32: Huawei Investment & Holding Co., Ltd. Financial Performance
View Report
View Report
View Report
View Report
View Report
View Report
View Report
View Report