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Running Watches Market - Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players - Apple Inc., Fitbit, Samsung, Garmin

02 Jan, 2020 | 116 Pages
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Running Watches Market Size is valued at US$ 11190 million in 2022 is expected to reach US$ 13700 million by the end of 2027, growing at a CAGR of 5.2% during 2022-2027.



Running Watches Market Overview



Running watches are ‘an information processing’ devices consisting time function that are used in cardio training, biking, running, climbing and other sporting activities. These running watches have several functions that of GPS, heart rate monitor, pedometer or combination of all of them.



In order to increase their market presence, the key players have adopted the strategy of frequent acquisitions as the industry is expected to be led by innovations. These players have also optimized the product-mix and have further developed value- added capacities in order to maximize margins. Despite the glaring competition, investors are hopeful about the field and there will be new investments in the market.



The report aspects discussed the profile of the top manufacturers of the global Running Watches Market. These aspects include financial status of major companies, trending advancements and entire market scenario. Growth of the report have examined Running Watches Market production, demand and growth potential, geographic analysis, as well as current market developments invarious regions and countries.



Who are the Major Players in Running Watches Market?



Top Key players in the Running Watches Market have been identified through secondary research, and their market shares have been determined through primary and secondary research. The global Running Watches Market is fragmented with a large number of small players operating worldwide. The companies referred in the market research report includes Apple Inc., Fitbit, Samsung, Garmin, Suunto, Casio, Polar, Motorola/Lenovo, TomTom, Xiaomi, Timex, Nokia, Soleus



Industry Updates:




  • September 14, 2021, Apple reveals Apple Watch Series 7, featuring a larger, more advanced display-

    Apple today announced Apple Watch Series 7, featuring a reengineered Always-On Retina display with significantly more screen area and thinner borders, making it the largest and most advanced display ever.

  • Feb 17, 2022, Garmin launches Fenix 7 series and Epix smartwatches in India-

    Garmin has announced the launch of its premium range of smartwatches in India. The lineup includes a total of five smartwatches – Fenix 7, Fenix 7 Sola, Fenix 7 Sapphire Solar and Fenix 7X Sapphire Solar and Epix.



What are the major Applications, Types and Regions for Running Watches Market?



Running Watches Market is segmented based on the type, applications, companies and regions.



Market Volume (%) By Type, it is segmented into




  • Pedometer Watches

  • GPS Watches

  • Heart Rate Watches

  • GPS +HRM Watches

  • Other



Market Volume (%) By Applications it is segmented into




  • Running

  • Biking

  • Climbing

  • Cardio Training

  • Other



Running Watches Market Regional Analysis



The Asia-Pacific is expected to witness the highest growth in the running watch market due to the growing consumer electronics industry, coupled with a rapid rise of running watch market vendors across the emerging economies of the region.



The increasing tech-savvy population, a rising pool of chronic diseases, such as obesity and diabetes, along with the growing popularization of health and fitness to maintain a healthy lifestyle, is driving the market growth in the studied region.



Also, in China, children have contributed to the growth of the country's smartwatch industry. BKK Electronics, a Chinese multinational firm, did very well with the largest growth rates in smartwatch shipments, surging 64% year on year. BBK Electronics is usually known as the company behind rising domestic smartphone brands, like Vivo and Oppo.



All these factors greatly affect the Running Watches market growth. It further aims at providing complete overview on detailed assessment of significant features of different industries including sales value, sales volume, market revenue, and demand size, sales growth, pricing analysis and changing market growth factors in regions such as Follows,




  • North America


    • US

    • Canada



  • Europe

    • Germany

    • France

    • UK

    • Italy

    • Spain

    • Rest of Europe



  • Asia-Pacific

    • China

    • Japan

    • India

    • Australia

    • South Korea

    • Rest of Asia-Pacific



  • Rest of the World

    • Middle East & Africa

    • Latin America





The Running Watches Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Running Watches Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.



What is our Running Watches Market report scope?























































Report Attributes



 



Report Details



 



Forecast Period 2022 to 2027 CAGR (Value and Volume)



 



CAGR of 5.2% during the review period (2022 to 2027).



Market Volume (%) By Type(Revenue, USD Million, 2017 - 2022)




  • Pedometer Watches

  • GPS Watches

  • Heart Rate Watches

  • GPS +HRM Watches

  • Other



Market Volume (%) By Type(Revenue, USD Million, 2017 - 2022)




  • Running

  • Biking

  • Climbing

  • Cardio Training

  • Others



Quantitative units



Revenue in USD million/billion and CAGR from 2022 to 2027



By Companies



Apple Inc., Fitbit, Samsung, Garmin, Suunto, Casio, Polar, Motorola/Lenovo, TomTom, Xiaomi, Timex, Nokia, Soleus



 



Regions Covered




  • North America

  • Europe

  • Asia-Pacific

  • Rest of the World



 



 



 



 



Countries Covered




  • US

  • Canada

  • Germany

  • France

  • UK

  • Italy

  • Spain

  • Rest of Europe

  • China

  • Japan

  • India

  • Australia

  • South Korea

  • Rest of Asia-Pacific

  • Middle East & Africa

  • Latin America



 



Base Year



 



 



2022



 



Historical Year



 



 



2017 to 2021



 



Forecast Year



 



 



2022 to 2027



 



Customization Available



 



 



Yes, the report can be customized as per your needs




Key Highlights from this Running Watches Report




  • A comprehensive backdrop analysis, which contains an assessment of the parent market

  • Essential changes in market dynamics.

  • Market segmentation up to the second or third level.

  • Historical, current, and projected size of the market from the standpoint of both value and volume.

  • Reporting and evaluation of recent industry developments.

  • Market shares and strategies of major players.

  • Emerging niche segments and regional markets.

  • An objective assessment of the trajectory of the market.

  • Recommendations to companies for strengthening their foothold in the market.



All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.



Frequently Asked Questions



What is the study period of this market?



The Running Watches Market is studied from 2017 - 2027.



What is the growth rate of Running Watches Market?



The Running Watches Market is growing at a CAGR of 5.2% over the next 5 years.



Who are the key players in Running Watches Market?



Apple Inc., Fitbit, Samsung, Garmin, Suunto, Casio, Polar, Motorola/Lenovo, TomTom, Xiaomi, Timex, Nokia, Soleus



What region does this Running Watches Market report covers?



North America (the United States, Canada, and Mexico)



Europe (Germany, France, UK, Russia, and Italy)



Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)



South America (Brazil, Argentina, Colombia, etc.)



The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)



What are the significant types of Running Watches Market?



Pedometer Watches, GPS Watches, Heart Rate Watches, GPS +HRM Watches, Others



What are the major end-use applications of Running Watches Market?



Running, Biking, Climbing, Cardio Training, Others.


  1. Running Watches Introduction and Market Overview

    1. Objectives of the Study

    2. Overview of Running Watches

    3. Scope of The Study

      1. Key Market Segments

      2. Players Covered

      3. COVID-19's impact on the Running Watches industry



    4. Methodology of The Study

    5. Research Data Source



  2. Executive Summary

    1. Market Overview

      1. Global Running Watches Market Size, 2022 to 2027

      2. Global Running Watches Market Size by Type, 2022 to 2027

      3. Global Running Watches Market Size by Application, 2022 to 2027

      4. Global Running Watches Market Size by Region, 2022 to 2027



    2. Business Environment Analysis

      1. Global COVID-19 Status and Economic Overview

      2. Influence of COVID-19 Outbreak on Running Watches Industry Development





  3. Industry Chain Analysis

    1. Upstream Raw Material Suppliers of Running Watches Analysis

    2. Major Players of Running Watches

    3. Running Watches Manufacturing Cost Structure Analysis

      1. Production Process Analysis

      2. Manufacturing Cost Structure of Running Watches

      3. Labor Cost of Running Watches



    4. Market Distributors of Running Watches

    5. Major Downstream Buyers of Running Watches Analysis

    6. The Impact of Covid-19 From the Perspective of Industry Chain

    7. Regional Import and Export Controls Will Exist for a Long Time

    8. Continued downward PMI Spreads Globally



  4. Global Running Watches Market, by Type

    1. Global Running Watches Value and Market Share by Type (2022 - 2027)

    2. Global Running Watches Production and Market Share by Type (2022 - 2027)

    3. Global Running Watches Value and Growth Rate by Type (2022 - 2027)

      1. Global Running Watches Value and Growth Rate of Pedometer Watches

      2. Global Running Watches Value and Growth Rate of GPS Watches

      3. Global Running Watches Value and Growth Rate of Heart Rate Watches

      4. Global Running Watches Value and Growth Rate of GPS +HRM Watches

      5. Global Running Watches Value and Growth Rate of Other



    4. Global Running Watches Price Analysis by Type (2022 - 2027)



  5. Running Watches Market, by Application

    1. Downstream Market Overview

    2. Global Running Watches Consumption and Market Share by Application (2022 - 2027)

    3. Global Running Watches Consumption and Growth Rate by Application (2022 - 2027)

      1. Running Global Running Watches Consumption and Growth Rate (2022-2027)

      2. Biking Global Running Watches Consumption and Growth Rate (2022-2027)

      3. Climbing Global Running Watches Consumption and Growth Rate (2022-2027)

      4. Cardio Training Global Running Watches Consumption and Growth Rate (2022-2027)

      5. Others Global Running Watches Consumption and Growth Rate (2022-2027)





  6. Global Running Watches Market Analysis by Regions

    1. Global Running Watches Sales, Revenue and Market Share by Regions

      1. Global Running Watches Sales by Regions (2022 - 2027)

      2. Global Running Watches Revenue by Regions (2022 - 2027)



    2. North America Running Watches Sales and Growth Rate (2022 - 2027)

    3. Europe Running Watches Sales and Growth Rate (2022 - 2027)

    4. Asia-Pacific Running Watches Sales and Growth Rate (2022 - 2027)

    5. Middle East and Africa Running Watches Sales and Growth Rate (2022 - 2027)

    6. South America Running Watches Sales and Growth Rate (2022 - 2027)



  7. North America Running Watches Market Analysis by Countries

    1. The Influence of COVID-19 on North America Market

    2. North America Running Watches Sales, Revenue and Market Share by Countries

      1. North America Running Watches Sales by Countries (2022 - 2027)

      2. North America Running Watches Revenue by Countries (2022 - 2027



    3. United States Running Watches Sales and Growth Rate (2022 - 2027)

    4. Canada Running Watches Sales and Growth Rate (2022 - 2027)

    5. Mexico Running Watches Sales and Growth Rate (2022 - 2027)



  8. Europe Running Watches Market Analysis by Countries

    1. The Influence of COVID-19 on Europe Market

    2. Europe Running Watches Sales, Revenue and Market Share by Countries

      1. Europe Running Watches Sales by Countries (2022 - 2027)

      2. Europe Running Watches Revenue by Countries (2022 - 2027)



    3. Germany Running Watches Sales and Growth Rate (2022 - 2027)

    4. UK Running Watches Sales and Growth Rate (2022 - 2027)

    5. France Running Watches Sales and Growth Rate (2022 - 2027)

    6. Italy Running Watches Sales and Growth Rate (2022 - 2027)

    7. Spain Running Watches Sales and Growth Rate (2022 - 2027)

    8. Russia Running Watches Sales and Growth Rate (2022 - 2027)



  9. Asia Pacific Running Watches Market Analysis by Countries

    1. The Influence of COVID-19 on Asia Pacific Market

    2. Asia Pacific Running Watches Sales, Revenue and Market Share by Countries

      1. Asia Pacific Running Watches Sales by Countries (2022 - 2027)

      2. Asia Pacific Running Watches Revenue by Countries (2022 - 2027)



    3. China Running Watches Sales and Growth Rate (2022 - 2027)

    4. Japan Running Watches Sales and Growth Rate (2022 - 2027)

    5. South Korea Running Watches Sales and Growth Rate (2022 - 2027)

    6. India Running Watches Sales and Growth Rate (2022 - 2027)

    7. Southeast Asia Running Watches Sales and Growth Rate (2022 - 2027)

    8. Australia Running Watches Sales and Growth Rate (2022 - 2027)



  10. Middle East and Africa Running Watches Market Analysis by Countries

    1. The Influence of COVID-19 on Middle East and Africa Market

    2. Middle East and Africa Running Watches Sales, Revenue and Market Share by Countries

      1. Middle East and Africa Running Watches Sales by Countries (2022 - 2027)

      2. Middle East and Africa Running Watches Revenue by Countries (2022 - 2027)






  11. Application_List





    1. Saudi Arabia Running Watches Sales and Growth Rate (2022 - 2027)

    2. UAE Running Watches Sales and Growth Rate (2022 - 2027)

    3. Egypt Running Watches Sales and Growth Rate (2022 - 2027)

    4. Nigeria Running Watches Sales and Growth Rate (2022 - 2027)

    5. South Africa Running Watches Sales and Growth Rate (2022 - 2027)



  12. South America Running Watches Market Analysis by Countries

    1. The Influence of COVID-19 on Middle East and Africa Market

    2. South America Running Watches Sales, Revenue and Market Share by Countries

      1. South America Running Watches Sales by Countries (2022 - 2027)

      2. South America Running Watches Revenue by Countries (2022 - 2027)



    3. Brazil Running Watches Sales and Growth Rate (2022 - 2027)

    4. Argentina Running Watches Sales and Growth Rate (2022 - 2027)

    5. Columbia Running Watches Sales and Growth Rate (2022 - 2027)

    6. Chile Running Watches Sales and Growth Rate (2022 - 2027)



  13. Competitive Landscape

    1. Apple Inc.

      1. Apple Inc. Basic Information

      2. Running Watches Product Introduction

      3. Apple Inc. Production, Value, Price, Gross Margin 2022 - 2027



    2. Fitbit

      1. Fitbit Basic Information

      2. Running Watches Product Introduction

      3. Fitbit Production, Value, Price, Gross Margin 2022 - 2027



    3. Samsung

      1. Samsung Basic Information

      2. Running Watches Product Introduction

      3. Samsung Production, Value, Price, Gross Margin 2022 - 2027



    4. Garmin

      1. Garmin Basic Information

      2. Running Watches Product Introduction

      3. Garmin Production, Value, Price, Gross Margin 2022 - 2027



    5. Suunto

      1. Suunto Basic Information

      2. Running Watches Product Introduction

      3. Suunto Production, Value, Price, Gross Margin 2022 - 2027



    6. Casio

      1. Casio Basic Information

      2. Running Watches Product Introduction

      3. Casio Production, Value, Price, Gross Margin 2022 - 2027



    7. Polar

      1. Polar Basic Information

      2. Running Watches Product Introduction

      3. Polar Production, Value, Price, Gross Margin 2022 - 2027



    8. Motorola/Lenovo

      1. Motorola/Lenovo Basic Information

      2. Running Watches Product Introduction

      3. Motorola/Lenovo Production, Value, Price, Gross Margin 2022 - 2027



    9. TomTom

      1. TomTom Basic Information

      2. Running Watches Product Introduction

      3. TomTom Production, Value, Price, Gross Margin 2022 - 2027



    10. Xiaomi

      1. Xiaomi Basic Information

      2. Running Watches Product Introduction

      3. Xiaomi Production, Value, Price, Gross Margin 2022 - 2027



    11. Timex

      1. Timex Basic Information

      2. Running Watches Product Introduction

      3. Timex Production, Value, Price, Gross Margin 2022 - 2027



    12. Nokia

      1. Nokia Basic Information

      2. Running Watches Product Introduction

      3. Nokia Production, Value, Price, Gross Margin 2022 - 2027



    13. Soleus

      1. Soleus Basic Information

      2. Running Watches Product Introduction

      3. Soleus Production, Value, Price, Gross Margin 2022 - 2027





  14. Industry Outlook

    1. Market Driver Analysis

      1. Market Restraints Analysis

      2. Market Trends Analysis



    2. Merger, Acquisition and New Investment

    3. News of Product Release



  15. Global Running Watches Market Forecast

    1. Global Running Watches Market Value & Volume Forecast, by Type (2022 - 2027)

      1. Global Running Watches Value and Growth Rate of Pedometer Watches

      2. Global Running Watches Value and Growth Rate of GPS Watches

      3. Global Running Watches Value and Growth Rate of Heart Rate Watches

      4. Global Running Watches Value and Growth Rate of GPS +HRM Watches



    2. Global Running Watches Market Value & Volume Forecast, by Application (2027 - 2027)

      1. Running Global Running Watches Consumption and Growth Rate (2022-2027)

      2. Biking Global Running Watches Consumption and Growth Rate (2022-2027)

      3. Climbing Global Running Watches Consumption and Growth Rate (2022-2027)

      4. Cardio Training Global Running Watches Consumption and Growth Rate (2022-2027)

      5. Others Global Running Watches Consumption and Growth Rate (2022-2027)



    3. Running Watches Market Analysis and Forecast by Region

      1. North America Market Value and Consumption Forecast (2022 - 2027)

      2. Asia Pacific Market Value and Consumption Forecast (2022 - 2027)

      3. Middle East and Africa Market Value and Consumption Forecast (2027 - 2027)

      4. South America Market Value and Consumption Forecast (2022 - 2027)





  16. New Project Feasibility Analysis

    1. Industry Barriers and New Entrants SWOT Analysis

      1. Porter's Five Forces Analysis

      2. New Entrants SWOT Analysis



    2. Analysis and Suggestions on New Project Investment



SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.

PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.

MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.

EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.

REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.

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