Market Overview:
The global freediving watches market is expected to register a CAGR of 7.5% during the forecast period, 2018-2030. The market growth can be attributed to the increasing popularity of freediving as a sport and rising demand for technologically advanced watches. Freediving computer watches are expected to witness higher growth rates as compared to other types of freediving watches, owing to their enhanced features and capabilities. North America is estimated to account for the largest share in the global market in 2018, followed by Europe and Asia Pacific. The Middle East & Africa region is projected to grow at the highest CAGR during the forecast period.
Product Definition:
A freediving watch is a watch designed for use by freedivers. Freediving watches are typically designed to be more accurate than regular watches, and have a longer battery life. They may also include features such as an altimeter, dive timer, and stopwatch that are useful for freedivers.
Freediving Watch:
Freediving watch is a device that is used for measuring depth while Freediving, without the help of any equipment like weights or ropes. It helps in calculating oxygen consumption and Heart Rate (HR) during the dive. The watches are available with different functions such as timing mode, stopwatch mode and depth measurement mode among others. Some of them also have an alarm to signal when it's time to ascend or return to the surface.
Freediving Computer Watch:
Freediving computer watch is a device that helps in monitoring the depth and duration of breath hold. It also displays other vital statistics such as oxygen percentage, nitrogen percentage, and battery life. The watches are available with diversified functions depending upon the model of the watch which can be used for both surface and underwater diving.
Application Insights:
The sports store application segment dominated the global freediving watches market in 2017. This is attributed to the growing popularity of competitive freediving among athletes and enthusiasts. Competitive freediving is a relatively new sport and has gained significant popularity over the past few years owing to its benefits, such as improved lung capacity, stamina, strength and flexibility. The sport also helps develop mental toughness as competitors have to face uncertainty while diving underwater along with physical challenges on land.
Freedivers use various types of equipment for training and competition purposes including fins, masks, snorkels & regulators set etc., which require regular maintenance or repair services at times. As a result, sports stores are expected to be one of the prominent application segments during the forecast period owing to their availability in local markets as well as online Freedive computers watch shops across countries such as Australia U.K., China Japan etc.
Regional Analysis:
North America dominated the market in 2017 owing to the presence of a large number of freediving coaches and athletes. The region is followed by Europe due to which there has been an increase in demand for these watches. Asia Pacific is expected to grow at a lucrative rate over the forecast period owing to increasing popularity of freediving as a sport and availability of raw materials such as titanium, gold, and silver in abundance. Furthermore, growing trend for buying Freedive watches on social media websites such as Facebook, Instagram & Twitter will boost sales further.
The key players operating in this industry are Rolex Watch Company; Omega SA; Blancpain S.A.; Tag Heuer Inc.; IWC Schaffhausen AG; Breitling Aerospace Ltd.; Panerai SPA; Chopard SE; Tudor UAB Americas LLC (formerly known); A Lange Sohne GmbH & Co., Ltd.
Growth Factors:
- Increasing popularity of freediving as a sport: Freediving is gaining in popularity as a sport, with more and more people taking up the challenge to dive deeper and longer. This is driving demand for specialized watches that can help freedivers track their progress and performance.
- Rising awareness of the health benefits of freediving: Freediving has many health benefits, such as improving cardiovascular fitness, strength, and flexibility. This is driving demand for watches that can help monitor heart rate and other vital signs during dives.
- Advances in watch technology: Watchmakers are constantly innovating new technologies to make diving watches more accurate and durable underwater. This is helping to drive growth in the Freediving Watches market as consumers seek out the latest features available on these products.
- . Growing interest in luxury diving watches: There is growing interest among luxury watch enthusiasts in high-end diving watches that offer features specifically designed for freedivers. This is helping to drive growth in the premium segment of the Freediving Watches market .
Scope Of The Report
Report Attributes
Report Details
Report Title
Freediving Watches Market Research Report
By Type
Freediving Watch, Freediving Computer Watch
By Application
Sports Store, Online Retail, Department Store, Franchise Store, Others
By Companies
Cressi, Oceanic, SUUNTO, Sherwood Scuba, Mares, Seac Sub, Johnson Outdoors, Omersub, Pyle Sports
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
125
Number of Tables & Figures
88
Customization Available
Yes, the report can be customized as per your need.
Global Freediving Watches Market Report Segments:
The global Freediving Watches market is segmented on the basis of:
Types
Freediving Watch, Freediving Computer Watch
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
Sports Store, Online Retail, Department Store, Franchise Store, Others
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:
- Cressi
- Oceanic
- SUUNTO
- Sherwood Scuba
- Mares
- Seac Sub
- Johnson Outdoors
- Omersub
- Pyle Sports
Highlights of The Freediving 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:
- Freediving Watch
- Freediving Computer Watch
- By Application:
- Sports Store
- Online Retail
- Department Store
- Franchise Store
- Others
- 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 Freediving 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Freediving watches are designed to help freedivers track their dive data and other performance metrics. They typically have a variety of features, such as GPS tracking, altimeter readings, and barometric pressure sensors.
Some of the major players in the freediving watches market are Cressi, Oceanic, SUUNTO, Sherwood Scuba, Mares, Seac Sub, Johnson Outdoors, Omersub, Pyle Sports.
The freediving watches market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Freediving Watches Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Freediving Watches Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Freediving Watches Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Freediving Watches Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Freediving Watches Market Size & Forecast, 2020-2028
4.5.1 Freediving Watches Market Size and Y-o-Y Growth
4.5.2 Freediving Watches Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Freediving Watch
5.2.2 Freediving Computer Watch
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Sports Store
6.2.2 Online Retail
6.2.3 Department Store
6.2.4 Franchise Store
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Freediving Watches Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Freediving Watches Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Freediving Watch
9.6.2 Freediving Computer Watch
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Sports Store
9.10.2 Online Retail
9.10.3 Department Store
9.10.4 Franchise Store
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Freediving Watch
10.6.2 Freediving Computer Watch
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Sports Store
10.10.2 Online Retail
10.10.3 Department Store
10.10.4 Franchise Store
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Freediving Watch
11.6.2 Freediving Computer Watch
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Sports Store
11.10.2 Online Retail
11.10.3 Department Store
11.10.4 Franchise Store
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Freediving Watch
12.6.2 Freediving Computer Watch
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Sports Store
12.10.2 Online Retail
12.10.3 Department Store
12.10.4 Franchise Store
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Freediving Watch
13.6.2 Freediving Computer Watch
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Sports Store
13.10.2 Online Retail
13.10.3 Department Store
13.10.4 Franchise Store
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Freediving Watches Market: Competitive Dashboard
14.2 Global Freediving Watches Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Cressi
14.3.2 Oceanic
14.3.3 SUUNTO
14.3.4 Sherwood Scuba
14.3.5 Mares
14.3.6 Seac Sub
14.3.7 Johnson Outdoors
14.3.8 Omersub
14.3.9 Pyle Sports
