Market Overview:
The global children digital watches market is expected to register a CAGR of 5.8% during the forecast period, 2018-2030. The market growth can be attributed to the increasing demand for technologically advanced watches among children. Additionally, rising disposable income and changing lifestyle are also propelling the demand for children digital watches across the globe. On the basis of type, quartz watches are expected to dominate the market throughout the forecast period. However, pointer quartz is anticipated to grow at a higher CAGR as compared to other types during 2018-2030 owing to its features such as durability and low price point that appeal more towards budget-conscious consumers. On account of growing popularity of smartwatches among youngsters, other watch types such as hybrid and touchscreen are also projected witness significant growth in near future. Regionally, North America is estimated hold a dominant share in terms of revenue contribution followed by Europe over 2018-2030 due high adoption rate of latest technologies coupled with presence major players operating in this region.
Product Definition:
A children's digital watch is a type of digital watch designed for children, typically with a simple interface and durable construction. They are often used to teach children how to tell time.
Digital Quartz:
Digital quartz is a technology that was created to make sure that precise time could be maintained even if the clock were to stop working. The main factor responsible for its adoption is its accuracy. It has been found out that digital quartz works more accurately than mechanical or electronic ones, which makes it better for kids who need watches with second hand and alarm functions as well as precise time keeping.
Pointer Quartz:
Pointer quartz is a new term in the technology industry which basically means non-contact temperature measurement. It measures body temperature using infrared radiation instead of contact methods like other digital watches available in the market. This helps it to provide accurate results and also increases its life by eliminating frequent battery changes, as infrared radiation does not affect batteries like regular radio frequency waves do.
This product has been gaining popularity among consumers due to its accuracy, easy interface.
Application Insights:
The boys application segment held the largest share of over 60.0% in 2017. The increasing use of smartwatches for sports and fitness tracking among male adolescents is expected to be a key factor driving the market growth over the forecast period. In addition, growing usage of digital quartz watches for time management and study monitoring among school-going children is projected to fuel product demand in this segment during the forecast period.
The girls application segment held a significant share in 2017 owing to rising awareness about health issues, including obesity and diabetes, especially among pre-teenagers across developing countries such as India, China and Brazil where expenditure on healthcare is high. Rising purchasing power along with changing lifestyles has influenced parents towards buying smartwatches for their daughters so that they can get regular updates on health issues which may include calories burnt or consumed etcetera thereby fueling product demand during the forecast period (18¢â‚¬²28).
Regional Analysis:
North America dominated the global children digital watches market in 2017. The region is expected to maintain its position over the forecast period. Increasing awareness regarding child safety and security, along with presence of developed economies such as U.S., Canada, and Mexico are some of the major factors contributing to regional growth.
Asia Pacific is anticipated to be one of the fastest-growing regions during 2018 - 2030 due to rising purchasing power parity (PPP) among developing countries such as India.
Growth Factors:
- Increasing demand for children digital watches from the global market due to its features such as durability, low price, and fashion statement.
- The technological advancements in the field of watchmaking that has led to introduction of new features in children digital watches including activity trackers, GPS navigation, and heart rate monitors.
- Growing popularity of smartwatches among youngsters which is expected to boost the demand for children digital watches in near future.
- Rising disposable income of parents that enables them to purchase high-end children digital watches for their kids.
Scope Of The Report
Report Attributes
Report Details
Report Title
Children Digital Watches Market Research Report
By Type
Digital Quartz, Pointer Quartz, Other
By Application
Boys, Girls
By Companies
Patek Philippe, Cartier, Lange & Sohne, Audemars Piguet, Breguet, Glashutte Original, Vacheron & Constantin, IWC, Girard Perregaux, Ulysse Nardin
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Children Digital Watches Market Report Segments:
The global Children Digital Watches market is segmented on the basis of:
Types
Digital Quartz, Pointer Quartz, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Boys, Girls
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Patek Philippe
- Cartier
- Lange & Sohne
- Audemars Piguet
- Breguet
- Glashutte Original
- Vacheron & Constantin
- IWC
- Girard Perregaux
- Ulysse Nardin
Highlights of The Children Digital Watches Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Digital Quartz
- Pointer Quartz
- Other
- By Application:
- Boys
- Girls
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Children Digital Watches Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Understanding Competition Scenario
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Children's digital watches are wristwatches that come preloaded with educational apps and games designed to keep children entertained. They typically have colorful displays and are lightweight, making them comfortable to wear. Some models also include features such as alarms and stopwatch functions.
Some of the key players operating in the children digital watches market are Patek Philippe, Cartier, Lange & Sohne, Audemars Piguet, Breguet, Glashutte Original, Vacheron & Constantin, IWC, Girard Perregaux, Ulysse Nardin.
The children digital watches market is expected to grow at a compound annual growth rate of 5.8%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Children Digital Watches Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Children Digital Watches Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Children Digital Watches Market - Supply Chain
4.5. Global Children Digital Watches Market Forecast
4.5.1. Children Digital Watches Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Children Digital Watches Market Size (000 Units) and Y-o-Y Growth
4.5.3. Children Digital Watches Market Absolute $ Opportunity
5. Global Children Digital Watches Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Children Digital Watches Market Size and Volume Forecast by Type
5.3.1. Digital Quartz
5.3.2. Pointer Quartz
5.3.3. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Children Digital Watches Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Children Digital Watches Market Size and Volume Forecast by Application
6.3.1. Boys
6.3.2. Girls
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Children Digital Watches Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Children Digital Watches Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Children Digital Watches Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Children Digital Watches Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Children Digital Watches Demand Share Forecast, 2019-2029
9. North America Children Digital Watches Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Children Digital Watches Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Children Digital Watches Market Size and Volume Forecast by Application
9.4.1. Boys
9.4.2. Girls
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Children Digital Watches Market Size and Volume Forecast by Type
9.7.1. Digital Quartz
9.7.2. Pointer Quartz
9.7.3. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Children Digital Watches Demand Share Forecast, 2019-2029
10. Latin America Children Digital Watches Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Children Digital Watches Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Children Digital Watches Market Size and Volume Forecast by Application
10.4.1. Boys
10.4.2. Girls
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Children Digital Watches Market Size and Volume Forecast by Type
10.7.1. Digital Quartz
10.7.2. Pointer Quartz
10.7.3. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Children Digital Watches Demand Share Forecast, 2019-2029
11. Europe Children Digital Watches Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Children Digital Watches Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Children Digital Watches Market Size and Volume Forecast by Application
11.4.1. Boys
11.4.2. Girls
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Children Digital Watches Market Size and Volume Forecast by Type
11.7.1. Digital Quartz
11.7.2. Pointer Quartz
11.7.3. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
1.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Children Digital Watches Demand Share, 2019-2029
12. Asia Pacific Children Digital Watches Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Children Digital Watches Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Children Digital Watches Market Size and Volume Forecast by Application
12.4.1. Boys
12.4.2. Girls
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Children Digital Watches Market Size and Volume Forecast by Type
12.7.1. Digital Quartz
12.7.2. Pointer Quartz
12.7.3. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Children Digital Watches Demand Share, 2019-2029
13. Middle East & Africa Children Digital Watches Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Children Digital Watches Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Children Digital Watches Market Size and Volume Forecast by Application
13.4.1. Boys
13.4.2. Girls
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Children Digital Watches Market Size and Volume Forecast by Type
13.7.1. Digital Quartz
13.7.2. Pointer Quartz
13.7.3. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Children Digital Watches Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Children Digital Watches Market: Market Share Analysis
14.2. Children Digital Watches Distributors and Customers
14.3. Children Digital Watches Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Patek Philippe
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Cartier
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Lange & Sohne
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Audemars Piguet
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Breguet
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Glashutte Original
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Vacheron & Constantin
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. IWC
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Girard Perregaux
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Ulysse Nardin
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
