North America Sports Watches Market

North America Sports Watches Market Size, Share & Industry Trends Analysis Report By Price Point (Luxury and Economic), By Distribution Channel, By End User (Men and Women), By Product Type (Mechanical and Digital), By Country and Growth Forecast, 2022 - 2028

Report Id: KBV-11610 Publication Date: September-2022 Number of Pages: 88
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Market Report Description

The North America Sports Watches Market would witness market growth of 6.6% CAGR during the forecast period (2022-2028).

The quartz watch had mostly replaced the mechanical watch on the market by the 1980s. This is referred to historically as the quartz revolution. Smartwatches, which are complex computer-like electronic gadgets intended to be worn on the wrist, are among the developments of the 2010s. They typically have timekeeping features; however, these are but a minor portion of the capabilities of the smartwatch.

The day, date, month, and year are typically displayed on modern watches. Moon-phase displays and other tourbillons are examples of "complications," which are supplementary features sometimes added to mechanical watches. Contrarily, the majority of electronic quartz timepieces have time-related functionality including timers, chronographs, and alarms.

In addition, some contemporary timepieces have calculators, GPS, Bluetooth, or heart-rate monitoring features, and some of them use radio clock technology to automatically fix the time. A mechanical movement also employs a balance wheel and balancing spring, which is also referred to as a hairspring, to regulate the motion of the watch's gear system in a way similar to the oscillation of a pendulum clock.

American football is also one of the nation's most popular sports. There are many levels of football play, with college and professional football being the most popular. High school and youth football are the other two major divisions. It is a popular sport in the United States with a large number of high school and collegiate athletes competing annually. The National Football League is also one of the most recognized professional football leagues in the country.

The US market dominated the North America Sports Watches Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $8,196.1 million by 2028.The Canada market is poised to grow at a CAGR of 9% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 8.1% 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 U.S., Mexico, Canada, and Rest of North America.

Free Valuable Insights: The Global Sports Watches Market is Estimated to reach $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

  • Luxury
  • Economic

By Distribution Channel

  • Specialty Stores
  • Brand Outlets
  • E-commerce
  • Others

By End User

  • Men
  • Women

By Product Type

  • Mechanical
  • Digital

By Country

  • US
  • Canada
  • Mexico
  • Rest of North America

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
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