The Asia Pacific Sports Watches Market would witness market growth of 8.2% CAGR during the forecast period (2022-2028).
Most modern watches are made to run for 40 hours on a winding, so they must be wound every day. However, some run for several days, and a few have 192-hour mainsprings, so they only need to be wound once a week. Historically, watches have used a numbered dial with at least a rotating hour hand and a longer, spinning minute hand to display the time.
A third hand that displays the current second or minute is also a common feature of timepieces. This second hand normally moves to the subsequent marker once every second in quartz timepieces. The second hand of mechanical watches may appear to glide continually, but in reality, it only travels in short steps, typically ranging from one-fifth to one-tenth of a second, which corresponds to the beat of the balance wheel.
A duplex escapement advances the hand every two beats (full period) of the balance wheel, or commonly every half-second; a double duplex escapement advances the hand every four beats. Spring Drive watches' tri-synchro regulator produces a second hand that genuinely glides. Although some watches have been made with "hands" mimicked by a liquid-crystal display, most watches have all three hands that are mechanically spinning on the dial.
Some of the important factors driving the regional sports watch market over the projected period are the rising popularity of connected devices and sports watches, the rise in consumer disposable income, and the high manufacturing of sports watch. To boost the dependability and durability of sports watches, some companies are also substantially investing in the production of upgraded sports watches. Some companies are also using other techniques to grow their market share.
The China market dominated the Asia Pacific Sports Watches Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $3,304.8 million by 2028.The Japan market is estimated to grow a CAGR of 7.5% during (2022 - 2028). Additionally, The India market would experience a CAGR of 8.9% during (2022 - 2028).
Based on Price Point, the market is segmented into Luxury and Economic. Based on Distribution Channel, the market is segmented into Specialty Stores, Brand Outlets, E-commerce and Others. Based on End User, the market is segmented into Men and Women. Based on Product Type, the market is segmented into Mechanical and Digital. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Sports Watches Market is Projected to reach USD 40.9 Billion by 2028, at a CAGR of 7.5%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Apple, Inc., Samsung Electronics Co., Ltd. (Samsung Group), Google LLC (Fitbit, Inc.), Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.), Garmin Ltd., Fossil Group, Inc., COROS Wearables, Inc., Polar Electro Oy, Suunto Oy (Amer Sports Corporation), and Rolex SA.
Scope of the Study
Market Segments Covered in the Report:
By Price Point
By Distribution Channel
- Specialty Stores
- Brand Outlets
- E-commerce
- Others
By End User
By Product Type
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Apple, Inc.
- Samsung Electronics Co., Ltd. (Samsung Group)
- Google LLC (Fitbit, Inc.)
- Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
- Garmin Ltd.
- Fossil Group, Inc.
- COROS Wearables, Inc.
- Polar Electro Oy
- Suunto Oy (Amer Sports Corporation)
- Rolex SA
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Sports Watches Market, by Price Point
1.4.2 Asia Pacific Sports Watches Market, by Distribution Channel
1.4.3 Asia Pacific Sports Watches Market, by End User
1.4.4 Asia Pacific Sports Watches Market, by Product Type
1.4.5 Asia Pacific Sports Watches Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenarios
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.3.2 Key Strategic Move: (Product Launches and Product Expansions : 2019, Mar – 2022, Aug) Leading Players
Chapter 4. Asia Pacific Sports Watches Market by Price Point
4.1 Asia Pacific Luxury Market by Country
4.2 Asia Pacific Economic Market by Country
Chapter 5. Asia Pacific Sports Watches Market by Distribution Channel
5.1 Asia Pacific Specialty Stores Market by Country
5.2 Asia Pacific Brand Outlets Market by Country
5.3 Asia Pacific E-commerce Market by Country
5.4 Asia Pacific Other Distribution Channel Market by Country
Chapter 6. Asia Pacific Sports Watches Market by End User
6.1 Asia Pacific Men Market by Country
6.2 Asia Pacific Women Market by Country
Chapter 7. Asia Pacific Sports Watches Market by Product Type
7.1 Asia Pacific Mechanical Market by Country
7.2 Asia Pacific Digital Market by Country
Chapter 8. Asia Pacific Sports Watches Market by Country
8.1 China Sports Watches Market
8.1.1 China Sports Watches Market by Price Point
8.1.2 China Sports Watches Market by Distribution Channel
8.1.3 China Sports Watches Market by End User
8.1.4 China Sports Watches Market by Product Type
8.2 Japan Sports Watches Market
8.2.1 Japan Sports Watches Market by Price Point
8.2.2 Japan Sports Watches Market by Distribution Channel
8.2.3 Japan Sports Watches Market by End User
8.2.4 Japan Sports Watches Market by Product Type
8.3 India Sports Watches Market
8.3.1 India Sports Watches Market by Price Point
8.3.2 India Sports Watches Market by Distribution Channel
8.3.3 India Sports Watches Market by End User
8.3.4 India Sports Watches Market by Product Type
8.4 South Korea Sports Watches Market
8.4.1 South Korea Sports Watches Market by Price Point
8.4.2 South Korea Sports Watches Market by Distribution Channel
8.4.3 South Korea Sports Watches Market by End User
8.4.4 South Korea Sports Watches Market by Product Type
8.5 Singapore Sports Watches Market
8.5.1 Singapore Sports Watches Market by Price Point
8.5.2 Singapore Sports Watches Market by Distribution Channel
8.5.3 Singapore Sports Watches Market by End User
8.5.4 Singapore Sports Watches Market by Product Type
8.6 Malaysia Sports Watches Market
8.6.1 Malaysia Sports Watches Market by Price Point
8.6.2 Malaysia Sports Watches Market by Distribution Channel
8.6.3 Malaysia Sports Watches Market by End User
8.6.4 Malaysia Sports Watches Market by Product Type
8.7 Rest of Asia Pacific Sports Watches Market
8.7.1 Rest of Asia Pacific Sports Watches Market by Price Point
8.7.2 Rest of Asia Pacific Sports Watches Market by Distribution Channel
8.7.3 Rest of Asia Pacific Sports Watches Market by End User
8.7.4 Rest of Asia Pacific Sports Watches Market by Product Type
Chapter 9. Company Profiles
9.1 Apple, Inc.
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Regional Analysis
9.1.4 Research & Development Expense
9.1.5 Recent strategies and developments:
9.1.5.1 Product Launches and Product Expansions:
9.1.5.2 Acquisition and Mergers:
9.1.6 SWOT Analysis
9.2 Samsung Electronics Co., Ltd. (Samsung Group)
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 Research & Development Expense
9.2.5 SWOT Analysis
9.3 Google LLC (Fitbit, Inc.)
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental and Regional Analysis
9.3.4 Research & Development Expense
9.3.5 Recent strategies and developments:
9.3.5.1 Product Launches and Product Expansions:
9.3.6 SWOT Analysis
9.4 Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Segmental and Regional Analysis
9.4.4 Research & Development Expense
9.5 Garmin Ltd.
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental and Regional Analysis
9.5.4 Research & Development Expenses
9.5.5 Recent strategies and developments:
9.5.5.1 Product Launches and Product Expansions:
9.5.5.2 Acquisition and Mergers:
9.6 Fossil Group, Inc.
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Regional Analysis
9.6.4 Research & Development Expenses
9.6.5 Recent strategies and developments:
9.6.5.1 Partnerships, Collaborations, and Agreements:
9.7 COROS Wearables, Inc.
9.7.1 Company Overview
9.7.2 Recent strategies and developments:
9.7.2.1 Product Launches and Product Expansions:
9.8 Polar Electro Oy
9.8.1 Company Overview
9.8.2 Recent strategies and developments:
9.8.2.1 Partnerships, Collaborations, and Agreements:
9.9 Suunto Oy (Amer Sports Corporation)
9.9.1 Company Overview
9.9.2 Recent strategies and developments:
9.9.2.1 Product Launches and Product Expansions:
9.10. Rolex SA
9.10.1 Company Overview
TABLE 1 Asia Pacific Sports Watches Market, 2018 - 2021, USD Million
TABLE 2 Asia Pacific Sports Watches Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Sports Watches Market
TABLE 4 Product Launches And Product Expansions– Sports Watches Market
TABLE 5 Acquisition and Mergers– Sports Watches Market
TABLE 6 Asia Pacific Sports Watches Market by Price Point, 2018 - 2021, USD Million
TABLE 7 Asia Pacific Sports Watches Market by Price Point, 2022 - 2028, USD Million
TABLE 8 Asia Pacific Luxury Market by Country, 2018 - 2021, USD Million
TABLE 9 Asia Pacific Luxury Market by Country, 2022 - 2028, USD Million
TABLE 10 Asia Pacific Economic Market by Country, 2018 - 2021, USD Million
TABLE 11 Asia Pacific Economic Market by Country, 2022 - 2028, USD Million
TABLE 12 Asia Pacific Sports Watches Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 13 Asia Pacific Sports Watches Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 14 Asia Pacific Specialty Stores Market by Country, 2018 - 2021, USD Million
TABLE 15 Asia Pacific Specialty Stores Market by Country, 2022 - 2028, USD Million
TABLE 16 Asia Pacific Brand Outlets Market by Country, 2018 - 2021, USD Million
TABLE 17 Asia Pacific Brand Outlets Market by Country, 2022 - 2028, USD Million
TABLE 18 Asia Pacific E-commerce Market by Country, 2018 - 2021, USD Million
TABLE 19 Asia Pacific E-commerce Market by Country, 2022 - 2028, USD Million
TABLE 20 Asia Pacific Other Distribution Channel Market by Country, 2018 - 2021, USD Million
TABLE 21 Asia Pacific Other Distribution Channel Market by Country, 2022 - 2028, USD Million
TABLE 22 Asia Pacific Sports Watches Market by End User, 2018 - 2021, USD Million
TABLE 23 Asia Pacific Sports Watches Market by End User, 2022 - 2028, USD Million
TABLE 24 Asia Pacific Men Market by Country, 2018 - 2021, USD Million
TABLE 25 Asia Pacific Men Market by Country, 2022 - 2028, USD Million
TABLE 26 Asia Pacific Women Market by Country, 2018 - 2021, USD Million
TABLE 27 Asia Pacific Women Market by Country, 2022 - 2028, USD Million
TABLE 28 Asia Pacific Sports Watches Market by Product Type, 2018 - 2021, USD Million
TABLE 29 Asia Pacific Sports Watches Market by Product Type, 2022 - 2028, USD Million
TABLE 30 Asia Pacific Mechanical Market by Country, 2018 - 2021, USD Million
TABLE 31 Asia Pacific Mechanical Market by Country, 2022 - 2028, USD Million
TABLE 32 Asia Pacific Digital Market by Country, 2018 - 2021, USD Million
TABLE 33 Asia Pacific Digital Market by Country, 2022 - 2028, USD Million
TABLE 34 Asia Pacific Sports Watches Market by Country, 2018 - 2021, USD Million
TABLE 35 Asia Pacific Sports Watches Market by Country, 2022 - 2028, USD Million
TABLE 36 China Sports Watches Market, 2018 - 2021, USD Million
TABLE 37 China Sports Watches Market, 2022 - 2028, USD Million
TABLE 38 China Sports Watches Market by Price Point, 2018 - 2021, USD Million
TABLE 39 China Sports Watches Market by Price Point, 2022 - 2028, USD Million
TABLE 40 China Sports Watches Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 41 China Sports Watches Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 42 China Sports Watches Market by End User, 2018 - 2021, USD Million
TABLE 43 China Sports Watches Market by End User, 2022 - 2028, USD Million
TABLE 44 China Sports Watches Market by Product Type, 2018 - 2021, USD Million
TABLE 45 China Sports Watches Market by Product Type, 2022 - 2028, USD Million
TABLE 46 Japan Sports Watches Market, 2018 - 2021, USD Million
TABLE 47 Japan Sports Watches Market, 2022 - 2028, USD Million
TABLE 48 Japan Sports Watches Market by Price Point, 2018 - 2021, USD Million
TABLE 49 Japan Sports Watches Market by Price Point, 2022 - 2028, USD Million
TABLE 50 Japan Sports Watches Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 51 Japan Sports Watches Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 52 Japan Sports Watches Market by End User, 2018 - 2021, USD Million
TABLE 53 Japan Sports Watches Market by End User, 2022 - 2028, USD Million
TABLE 54 Japan Sports Watches Market by Product Type, 2018 - 2021, USD Million
TABLE 55 Japan Sports Watches Market by Product Type, 2022 - 2028, USD Million
TABLE 56 India Sports Watches Market, 2018 - 2021, USD Million
TABLE 57 India Sports Watches Market, 2022 - 2028, USD Million
TABLE 58 India Sports Watches Market by Price Point, 2018 - 2021, USD Million
TABLE 59 India Sports Watches Market by Price Point, 2022 - 2028, USD Million
TABLE 60 India Sports Watches Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 61 India Sports Watches Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 62 India Sports Watches Market by End User, 2018 - 2021, USD Million
TABLE 63 India Sports Watches Market by End User, 2022 - 2028, USD Million
TABLE 64 India Sports Watches Market by Product Type, 2018 - 2021, USD Million
TABLE 65 India Sports Watches Market by Product Type, 2022 - 2028, USD Million
TABLE 66 South Korea Sports Watches Market, 2018 - 2021, USD Million
TABLE 67 South Korea Sports Watches Market, 2022 - 2028, USD Million
TABLE 68 South Korea Sports Watches Market by Price Point, 2018 - 2021, USD Million
TABLE 69 South Korea Sports Watches Market by Price Point, 2022 - 2028, USD Million
TABLE 70 South Korea Sports Watches Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 71 South Korea Sports Watches Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 72 South Korea Sports Watches Market by End User, 2018 - 2021, USD Million
TABLE 73 South Korea Sports Watches Market by End User, 2022 - 2028, USD Million
TABLE 74 South Korea Sports Watches Market by Product Type, 2018 - 2021, USD Million
TABLE 75 South Korea Sports Watches Market by Product Type, 2022 - 2028, USD Million
TABLE 76 Singapore Sports Watches Market, 2018 - 2021, USD Million
TABLE 77 Singapore Sports Watches Market, 2022 - 2028, USD Million
TABLE 78 Singapore Sports Watches Market by Price Point, 2018 - 2021, USD Million
TABLE 79 Singapore Sports Watches Market by Price Point, 2022 - 2028, USD Million
TABLE 80 Singapore Sports Watches Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 81 Singapore Sports Watches Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 82 Singapore Sports Watches Market by End User, 2018 - 2021, USD Million
TABLE 83 Singapore Sports Watches Market by End User, 2022 - 2028, USD Million
TABLE 84 Singapore Sports Watches Market by Product Type, 2018 - 2021, USD Million
TABLE 85 Singapore Sports Watches Market by Product Type, 2022 - 2028, USD Million
TABLE 86 Malaysia Sports Watches Market, 2018 - 2021, USD Million
TABLE 87 Malaysia Sports Watches Market, 2022 - 2028, USD Million
TABLE 88 Malaysia Sports Watches Market by Price Point, 2018 - 2021, USD Million
TABLE 89 Malaysia Sports Watches Market by Price Point, 2022 - 2028, USD Million
TABLE 90 Malaysia Sports Watches Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 91 Malaysia Sports Watches Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 92 Malaysia Sports Watches Market by End User, 2018 - 2021, USD Million
TABLE 93 Malaysia Sports Watches Market by End User, 2022 - 2028, USD Million
TABLE 94 Malaysia Sports Watches Market by Product Type, 2018 - 2021, USD Million
TABLE 95 Malaysia Sports Watches Market by Product Type, 2022 - 2028, USD Million
TABLE 96 Rest of Asia Pacific Sports Watches Market, 2018 - 2021, USD Million
TABLE 97 Rest of Asia Pacific Sports Watches Market, 2022 - 2028, USD Million
TABLE 98 Rest of Asia Pacific Sports Watches Market by Price Point, 2018 - 2021, USD Million
TABLE 99 Rest of Asia Pacific Sports Watches Market by Price Point, 2022 - 2028, USD Million
TABLE 100 Rest of Asia Pacific Sports Watches Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 101 Rest of Asia Pacific Sports Watches Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 102 Rest of Asia Pacific Sports Watches Market by End User, 2018 - 2021, USD Million
TABLE 103 Rest of Asia Pacific Sports Watches Market by End User, 2022 - 2028, USD Million
TABLE 104 Rest of Asia Pacific Sports Watches Market by Product Type, 2018 - 2021, USD Million
TABLE 105 Rest of Asia Pacific Sports Watches Market by Product Type, 2022 - 2028, USD Million
TABLE 106 Key Information – Apple, Inc.
TABLE 107 Key Information – Samsung Electronics Co., Ltd.
TABLE 108 Key Information – Google LLC
TABLE 109 key information – Huawei Technologies Co., Ltd.
TABLE 110 Key information – Garmin Ltd.
TABLE 111 Key Information – Fossil Group, Inc.
TABLE 112 Key Information – COROS Wearables, Inc.
TABLE 113 Key Information – Polar Electro Oy
TABLE 114 Key Information – Suunto Oy
TABLE 115 Key Information – Rolex SA
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 4 Key Strategic Move: (Product Launches and Product Expansions : 2019, Mar – 2022, Aug) Leading Players
FIG 5 Recent strategies and developments: Apple, Inc.
FIG 6 SWOT Analysis: apple, Inc.
FIG 7 SWOT Analysis: Samsung Electronics CO. Ltd.
FIG 8 SWOT Analysis: Alphabet Inc. (Google LLC)