Manual Mechanical Watch Market Analysis

Market Insights

Manual mechanical are defined as watches that operate solely on mechanical energy. There are no electronic components there unlike called quartz watches which run on batteries. Manual wind watches are not self-winding and thus, require the person to wind them by hand or sometimes with a special tool for the watch to operate.

The growth of the manual mechanical watch market is driven by the increasing popularity of vintage watches. Growing demand for luxurious watches particularly in the developing economies coupled with rising per capita disposable income of the consumers is likely to drive the growth of the global manual mechanical watch market at a significant rate during the review period. In addition to this, the rising demand for advanced manual mechanical watches with innovative features is likely to create lucrative opportunities for the players operating in the global market in the coming years.

The outbreak of the COVID-19 virus has affected the growth of the manual mechanical watch market significantly. Stringent lockdown measures and restricted movement of people affected the production and product supply for a short period and thus, affected the market growth.

Key Players

Key players operating in the Manual Mechanical Watch market are

• Invicta (Switzerland)
• Seiko Holdings Corporation (Japan)
• Fossil Group, Inc. (US)
• Kairos Watches Inc (US)
• Gevril Group (Switzerland)
• Stuhrling (US)
• American Coin Treasures (US)
• Charles Hubert (US)
• Akribos XXIV (US)
• Adee Kaye Beverly Hills (US)
• Oris SA (Switzerland)
• Tissot SA (Switzerland)
• Zeon America (US)
• IWC International Watch Co. AG (Switzerland)
• Poljot (Germany)
• Raketa (Russia)
• Vostok Watch Makers, Inc. (Russia)
• Rolex SA (UK)
• TAG Heuer S.A. (Switzerland)
• Movado (Switzerland)
• Audemars Piguet Holding SA (Switzerland)
• Baume & Mercier (Switzerland),
• Blancpain SA (Switzerland)
• Breguet (Switzerland).

Segments' Analysis

Application Trends

By application, the manual mechanical watch market has been bifurcated into men and women. Under these, the men segment accounted for the largest market share in 2020 and is projected to register significant growth during the review period. The segment growth can be attributed to the widespread use of watches among men.

Regional Trends

By region, the market in Asia-Pacific accounted for the largest market share in 2020 and is projected to grow at a significant CAGR during the assessment period. The regional growth is primarily attributed to the rising demand for luxurious watches in developing countries particularly India and China. The market growth in the North American region is expected to be driven by a high product adoption rate and the presence of key market players including Stuhrling (US) and American Coin Treasures (US).

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Target Audience

Here is the list of the group of customers that the market hopes to have the greatest opportunity to convert-

• Distributors
• Suppliers
• Manufacturers
• Logistics organizations
• Government bodies

Report Features

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Research Methodology

This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

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