PUNE, India, Aug. 28, 2016 /PRNewswire-iReach/ -- The Swiss
watch market can be segmented into the market for mechanical Swiss
watches and the market for electronic Swiss watches. In addition to
this, significant amount of trade takes place of Swiss movements
meant to be assembled in overseas locations. It is thus, a crucial
part of the Swiss watch market which has witnessed persistent
growth over the years, benefitting primarily from a rise in luxury
consumption attributable to the economic boom in China.
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A Swiss watch, is a watch that is manufactured, encased and
checked for quality in Switzerland. All Swiss watches have a 'Swiss
made' label on them, implying that whole or a major portion of the
watch is made in Switzerland.
Swiss watches have become a concept of grandeur as the utility of a
watch as a time keeper reduced and its symbolic and emotional
aspects gained traction. Over the years, Swiss luxury watches have
emerged as the ultimate stamp for quality, precision and
craftsmanship.
Two features of Swiss watches that distinguish them from
regular watches are that they are Swiss made and have a Swiss
movement. Swiss watches are broadly of two types, Mechanical and
Electronic or Quartz. A mechanical Swiss watch has a movement that
uses energy from a wound spring to power the watch, instead of a
battery. An electronic or quartz watch on the other hand is
operated by vibrations of an electrically driven quartz crystal and
are thus very accurate and require minimal maintenance aside from
battery replacements.
Increase in the wealth of high net-worth individuals, growing
youth population, rising ageing population, increase in the number
of millionaires and increasing tourist arrivals across the globe
have driven growth in the Swiss watch market over the years. The
market has however, witnessed slowing growth in recent years due to
certain challenges like a strong Swiss Franc, weak foreign demand,
weak domestic demand, shortage of qualified labor and competition
from smart watches.
The report provides an overview of the entire Swiss watch market
through in-depth analysis of its segments along with their market
value and forecast. Certain trends, growth drivers as well as
issues being faced by the industry are discussed in detail in the
report along with competition in the market. Recent developments in
certain main markets like Asia,
Europe and the United States have also been analyzed.
Place a direct purchase order on this "Swiss Watch Market:
Industry Analysis & Outlook (2016-2020)" research report at
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Table of Contents
1. Market Overview
1.1 Introduction
1.2 Features
1.3 Types
1.3.1 Mechanical
1.3.2 Quartz
2. Swiss Watch Market
2.1 Swiss Watch Market by Value2.2 Swiss Watch Market Forecast
by Value2.3 Swiss Watch Market by Region2.4 Swiss Watch Market by
Country2.5 Swiss Watch Market by Price Category2.6 Swiss Watch
& Movements Market by Material
3. Swiss Watch Market Segments
3.1 Swiss Watch Exports by Segments
3.2 Wrist Watch
3.2.1 Swiss Wrist Watch Market by Value & Volume
3.2.2 Swiss Wrist Watch Market Forecast by Value &
Volume
3.2.3 Swiss Wrist Watch Market by Type
3.2.4 Mechanical Swiss Wrist Watch Market by Value &
Volume
3.2.5 Mechanical Swiss Wrist Watch Market Forecast by Value
& Volume
3.2.6 Electronic Swiss Wrist Watch Market by Value &
Volume
3.2.7 Electronic Swiss Wrist Watch Market Forecast by Value
& Volume
3.3 Movements
3.3.1 Swiss Movements Market by Value & Volume
3.3.2 Swiss Movements Market Forecast by Value & Volume
3.3.3 Swiss Movements Market by Type
3.3.4 Mechanical Swiss Movements Market by Value &
Volume
3.3.5 Mechanical Swiss Movements Market Forecast by Value &
Volume
3.3.6 Electronic Swiss Movements Market by Value &
Volume
3.3.7 Electronic Swiss Movements Market Forecast by Value &
Volume
4. Swiss Watch Market by Regions
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