Global Watch, Clock, Measuring Device Market Data and Report

Watch, Clock, Measuring Device Global Market Report 2020 - By Type (Watches and Clocks, Measuring Devices), COVID-19 Impact And Recovery

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The watch, clock, measuring device market consists of sales of the watch, clock, measuring device and related services for measuring time and physical quantity. Watch is a portable timepiece worn by individuals around the wrist, attached by a strap. Clock is a device used for measuring and indicating time, using pointers moving over a dial. Measuring device is an instrument used to measure various parameters in the physical used to measure various parameters.

The global watch, clock, measuring device market was worth $88.79 billion in 2019. It is expected to grow at a compound annual growth rate (CAGR) of 11.85% and reach $138.95 billion by 2023.

The watch, clock, measuring device market has been geographically segmented into North America, Western Europe, Asia-Pacific, Eastern Europe, South America, Middle East and Africa. In 2018, Asia-Pacific was the largest region in the watch, clock, measuring device market. Africa is expected to be the fastest growing region in the watch, clock, measuring device market in the forecast period.

The rise in disposable incomes was a major driver of the watch, clock, 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 that earning between $10 and $100 per day – increased from approximately 1.5 to 2 billion between 2010 and 2015. In 2017, China’s economy grew at 6.9% and India’s GDP grew at 7.1%. The per capita disposable income in India increased at a CAGR of 9.2% during 2005-2015 to reach $1,154 in 2015. Increased earnings greatly increased disposable incomes in the emerging markets, contributing to the watch, clock, measuring device market’s growth.

Rising trade protectionism acts as a major challenge in the watch, clock, 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, measuring device market’s growth.

Internet of things (IoT) driven smart watches is highly preferred choice of watches. Smart watches connected to the internet offer a wide range of features such as time, health monitoring, and fitness tracking, receives calls and messages, entertainment, cardless payments, and connectivity to other IoT devices to improve the quality of the user’s life. With increasing consumer’s interests towards health and fitness, convenience in day to day activities and smart homes, wearable IoT devices such as smart watches offer various features. The global smart watch shipments rise by 42% annually from 10 million units in 2018 to 14.2 million units in 2019.

In November 2019, Alphabet Inc., the parent company of Google, acquired smart watch maker, Fitbit, Inc. for a deal amount of US$ 2.1 billion. Alphabet said that the acquisition helps them in the advancement of its smart watch software, Wear OS. Fitbit, Inc. is an American company that makes fitness bands, smart watches, and accessories which helps in tracking footsteps, exercises, heart rate, and weight.

The major players in the global watch, clock, measuring device market are Apple Inc., Fitbit Inc., Samsung Electronics Co. Ltd., Garmin ltd., Huawei Investment & Holding Co., Ltd., Lvmh Moet Hennessy Louis Vuitton SE, Rolex SA

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

The Global Watch, Clock, Measuring Device Market is segmented:
1) By Type: Watches and Clocks, Measuring Devices

Table Of Contents

1. Executive Summary

2. Watch, Clock, Measuring Device Market Characteristics

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

3.1. Global Watch, Clock, Measuring Device Historic Market, 2015 - 2019, $ Billion

3.1.1. Drivers Of The Market

3.1.2. Restraints On The Market

3.2. Global Watch, Clock, Measuring Device Forecast Market, 2019 - 2023F, 2025F, 2030F, $ Billion

3.2.1. Drivers Of The Market

3.2.2. Restraints On the Market

4. Watch, Clock, Measuring Device Market Segmentation

4.1. Global Watch, Clock, Measuring Device Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

Watches and Clocks

Measuring Devices

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

5.1. Global Watch, Clock, Measuring Device Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

5.2. Global Watch, Clock, Measuring Device Market, Split By Country, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

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

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

6.2. Asia-Pacific Watch, Clock, Measuring Device Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

7. China Watch, Clock, Measuring Device Market

7.1. China Watch, Clock, Measuring Device Market Overview

7.2. China Watch, Clock, Measuring Device Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F,$ Billion

8. India Watch, Clock, Measuring Device Market

8.1. India Watch, Clock, Measuring Device Market Overview

8.2. India Watch, Clock, Measuring Device Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

9. Japan Watch, Clock, Measuring Device Market

9.1. Japan Watch, Clock, Measuring Device Market Overview

9.2. Japan Watch, Clock, Measuring Device Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

10. Australia Watch, Clock, Measuring Device Market

10.1. Australia Watch, Clock, Measuring Device Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

11. Indonesia Watch, Clock, Measuring Device Market

11.1. Indonesia Watch, Clock, Measuring Device Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

12. South Korea Watch, Clock, Measuring Device Market

12.1. South Korea Watch, Clock, Measuring Device Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

13. Western Europe Watch, Clock, Measuring Device Market

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

13.2. Western Europe Watch, Clock, Measuring Device Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

14. UK Watch, Clock, Measuring Device Market

14.1. UK Watch, Clock, Measuring Device Market Overview

14.2. UK Watch, Clock, Measuring Device Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

15. Germany Watch, Clock, Measuring Device Market

15.1. Germany Watch, Clock, Measuring Device Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

16. France Watch, Clock, Measuring Device Market

16.3. France Watch, Clock, Measuring Device Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

17. Eastern Europe Watch, Clock, Measuring Device Market

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

17.2. Eastern Europe Watch, Clock, Measuring Device Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

18. Russia Watch, Clock, Measuring Device Market

18.1. Russia Watch, Clock, Measuring Device Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

19. North America Watch, Clock, Measuring Device Market

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

19.2. North America Watch, Clock, Measuring Device Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

20. USA Watch, Clock, Measuring Device Market

20.1. USA Watch, Clock, Measuring Device Market Overview

20.2. USA Watch, Clock, Measuring Device Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

21. South America Watch, Clock, Measuring Device Market

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

21.2. South America Watch, Clock, Measuring Device Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

22. Brazil Watch, Clock, Measuring Device Market

22.1. Brazil Watch, Clock, Measuring Device Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

23. Middle East Watch, Clock, Measuring Device Market

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

23.2. Middle East Watch, Clock, Measuring Device Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

24. Africa Watch, Clock, Measuring Device Market

24.1. Africa Watch, Clock, Measuring Device Market Overview

24.2. Africa Watch, Clock, Measuring Device Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

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

25.1. Watch, Clock, Measuring Device Market Competitive Landscape

25.2. Watch, Clock, Measuring Device Market Company Profiles

25.2.1. Apple Inc.

25.2.1.1. Overview

25.2.1.2. Products and Services

25.2.1.3. Strategy

25.2.1.4. Financial Performance

25.2.2. Fitbit Inc.

25.2.2.1. Overview

25.2.2.2. Products and Services

25.2.2.3. Strategy

25.2.2.4. Financial Performance

25.2.3. Samsung Electronics Co. Ltd.

25.2.3.1. Overview

25.2.3.2. Products and Services

25.2.3.3. Strategy

25.2.3.4. Financial Performance

25.2.4. Garmin ltd.

25.2.4.1. Overview

25.2.4.2. Products and Services

25.2.4.3. Strategy

25.2.4.4. Financial Performance

25.2.5. Huawei Investment & Holding Co., Ltd.

25.2.5.1. Overview

25.2.5.2. Products and Services

25.2.5.3. Strategy

25.2.5.4. Financial Performance

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

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

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

29. Appendix

29.1. Abbreviations

29.2. Currencies

29.3. Research Inquiries

29.4. The Business Research Company

29.5. Copyright And Disclaimer

List Of Tables

Table 1: Global Historic Market Growth, 2015-2019, $ Billion

Table 2: Global Forecast Market Growth, 2015-2019, 2023F, 2025F, 2030F, $ Billion

Table 3: Global Watch, Clock, Measuring Device Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

Table 4: Global Watch, Clock, Measuring Device Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

Table 5: Global Watch, Clock, Measuring Device Market, Split By Country, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

Table 6: Asia-Pacific, Watch, Clock, Measuring Device Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

Table 7: China, Watch, Clock, Measuring Device Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

Table 8: India, Watch, Clock, Measuring Device Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

Table 9: Japan, Watch, Clock, Measuring Device Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

Table 10: Australia, Watch, Clock, Measuring Device Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

Table 11: Indonesia, Watch, Clock, Measuring Device Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

Table 12: South Korea, Watch, Clock, Measuring Device Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

Table 13: Western Europe, Watch, Clock, Measuring Device Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

Table 14: UK, Watch, Clock, Measuring Device Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

Table 15: Germany, Watch, Clock, Measuring Device Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

Table 16: France, Watch, Clock, Measuring Device Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

Table 17: Eastern Europe, Watch, Clock, Measuring Device Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

Table 18: Russia, Watch, Clock, Measuring Device Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

Table 19: North America, Watch, Clock, Measuring Device Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

Table 20: USA, Watch, Clock, Measuring Device Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

Table 21: South America, Watch, Clock, Measuring Device Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

Table 22: Brazil, Watch, Clock, Measuring Device Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

Table 23: Middle East, Watch, Clock, Measuring Device Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

Table 24: Africa, Watch, Clock, Measuring Device Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

Table 25: Apple Inc. Financial Performance

Table 26: Fitbit Inc. Financial Performance

Table 27: Samsung Electronics Co. Ltd. Financial Performance

Table 28: Garmin ltd. Financial Performance

Table 29: Huawei Investment & Holding Co., Ltd. Financial Performance

List Of Figures

Figure 1: Global Historic Market Growth, 2015-2019, $ Billion

Figure 2: Global Forecast Market Growth, 2015-2019, 2023F, 2025F, 2030F, $ Billion

Figure 3: Global Watch, Clock, Measuring Device Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

Figure 4: Global Watch, Clock, Measuring Device Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

Figure 5: Global Watch, Clock, Measuring Device Market, Split By Country, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

Figure 6: Asia-Pacific, Watch, Clock, Measuring Device Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

Figure 7: China, Watch, Clock, Measuring Device Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

Figure 8: India, Watch, Clock, Measuring Device Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

Figure 9: Japan, Watch, Clock, Measuring Device Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

Figure 10: Australia, Watch, Clock, Measuring Device Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

Figure 11: Indonesia, Watch, Clock, Measuring Device Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

Figure 12: South Korea, Watch, Clock, Measuring Device Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

Figure 13: Western Europe, Watch, Clock, Measuring Device Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

Figure 14: UK, Watch, Clock, Measuring Device Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

Figure 15: Germany, Watch, Clock, Measuring Device Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

Figure 16: France, Watch, Clock, Measuring Device Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

Figure 17: Eastern Europe, Watch, Clock, Measuring Device Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

Figure 18: Russia, Watch, Clock, Measuring Device Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

Figure 19: North America, Watch, Clock, Measuring Device Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

Figure 20: USA, Watch, Clock, Measuring Device Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

Figure 21: South America, Watch, Clock, Measuring Device Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

Figure 22: Brazil, Watch, Clock, Measuring Device Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

Figure 23: Middle East, Watch, Clock, Measuring Device Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

Figure 24: Africa, Watch, Clock, Measuring Device Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

Figure 25: Apple Inc. Financial Performance

Figure 26: Fitbit Inc. Financial Performance

Figure 27: Samsung Electronics Co. Ltd. Financial Performance

Figure 28: Garmin ltd. Financial Performance

Figure 29: Huawei Investment & Holding Co., Ltd. Financial Performance

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