Mechanical Watch Market

1. Mechanical Watch Market – Trends and Forecast Till 2028 sales@delvens.comwww.delvens.com

2. Mechanical Watch Market – Trends and Forecast Till 2028 Mechanical Watch Market by Product (Mechanical, Quartz, Digital [Smartwatches, Others]), By Price Range (Low Range, Mid-Range, Luxury), By Distribution Channel (Retail Stores, Online Stores), End User (men and women) and region (North America, Europe, Asia-Pacific, Middle East and Africa and South America). Request For Free Sample Report:https://www.delvens.com/get-free-sample/mechanical-watch-market sales@delvens.com www.delvens.com

3. Market Overview The global Mechanical Watch Market size is projected to reach a CAGR of 6.2% from 2022-2028. A Mechanical wrist Watch is a watch that uses a clockwork mechanism to measure the passage of time, as opposed to quartz watches which function electronically via a small battery. A mechanical watch is driven by a mainspring which must be hand-wound periodically. Its force is transmitted through a series of gears to power the balance wheel, a weighted wheel which oscillates back and forth at a constant rate. A device called an escapement releases the watch's wheels to move forward a small amount with each swing of the balance wheel, moving the watch's hands forward at a constant rate. This makes the 'ticking' sound characteristic of all mechanical watches. Purchase this Report: https://www.delvens.com/checkout/mechanical-watch-market sales@delvens.com www.delvens.com

4. Key Findings • The product segment is further segmented into quartz and digital. The majority stake in mechanical watches for the forecast period is that of the quartz watch. Watches that employ the quartz movement have fewer moving parts making them more reliable and easier to produce. They are also more precise than the mechanical movement watches and also require less labour to produce. These quartz watches also have much more aesthetic features similar to those found in digital watches and further help in driving the market for quartz watches in the global watch market. • The price range segment is further fragmented into low range, mid-range, and luxury segments. Low range watches are extremely versatile for the price point at which they are offered. This particular niche allows a buyer to buy multiple watches for different occasions and outfits and use them according to their fashion needs. The way these low range watches are used is more as a fashion accessory rather than a typical watch. sales@delvens.com www.delvens.com

5. Key Findings The distribution channel segment is further bifurcated into online stores and retail stores. Retail stores are expected to hold the lion’s share of the wrist watch market. Retail stores such as hypermarkets and specialty stores have been the preferred mode of purchase as they allow consumers to physically inspect the watch before purchasing. Retail stores offer customer loyalties and often have discounts that make them ideal for consumers.  The market is also divided into various regions such as North America, Europe, Asia-Pacific, South America, and Middle East and Africa. The North American region is expected to hold the largest share of the mechanical watch market during the forecast period. The presence of key players of the industry in the region, technological innovations in the region, and the large purchasing power of the region have been the major contributors to the dominance of the region. Inquire Before Buying:https://www.delvens.com/Inquire-before-buying/mechanical-watch-market sales@delvens.com www.delvens.com

6. Competitive Landscape • Rolex • Tag Heuer • IWC • Omega • Patek Philippe • Tudor • Blancpain • Panerai • JLC • Cartier • Richard Mille • Piaget sales@delvens.com www.delvens.com

7. Recent Developments • September 23, 2021-Fossil has launched its new Gen 6 smartwatch in India. The fashion watch and accessories company say there is a price segment that is driven by “fashion watches” and that is where Gen 6 smartwatch fits in. The Gen 6 smartwatch is priced between Rs 23,995 and Rs 24,995. • June 14, 2021- For 2021, they have unveiled an incredible selection of new designs and many Seiko limited editions in celebration of their 140th anniversary. In particular, we’ve seen many new pieces from their legendary Prospex diver’s collection alongside several Seiko Presage references. sales@delvens.com www.delvens.com

8. Contact Information About Us: Delvens is a strategic advisory and consulting company headquartered in New Delhi, India. The company holds expertise in providing syndicated research reports, customized research reports and consulting services. Delvens qualitative and quantitative data is highly utilized by each level from niche to major markets, serving more than 1K prominent companies by assuring to provide the information on country, regional and global business environment. We have a database for more than 45 industries in more than 115+ major countries globally. Contact Us: +44-20-3290-6466 +1 214-377-1144 sales@delvens.com sales@delvens.com www.delvens.com