Market Overview:
The global surf watches market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. Surf watches are used for various purposes such as fishing, water sports, navigation, and others. The growth in the market can be attributed to the increasing demand for electronic surf watches and rising awareness about their benefits among consumers. Additionally, technological advancements in surf watch design and features are also contributing to the growth of this market. Regionally, North America is expected to lead the global surf watches market during the forecast period followed by Europe and Asia Pacific respectively.
Product Definition:
A surf watch is a type of watch that is designed to be worn while surfing. Surf watches typically have features that are useful for surfers, such as timers to track the time spent in the water, tide charts, and weather information. Surf watches can also be used as general-purpose watches, and many models include additional features such as heart rate monitors or GPS tracking.
Electronic:
Electronic is a part of technology and consists of electrical circuits that operate through signals without any physical movement. In the case of surf watches electronic acts as an antenna to receive and send out radio frequency (RF) signals which in turn causes movement in the watch face or instrument. The most common usage for electronic components are LCD displays, sensors, Bluetooth modules, speakers etc.
Mechanical:
Mechanical is the term used for a mechanical movement, which is driven by an automatic or self-winding mechanism. The most common types of mechanical movements are hand-wound and battery powered. Mechanical surf watches are usually cheaper than electronic ones as they do not contain any electronics that can get damaged and need to be replaced.
Application Insights:
The navigation application dominated the global market in 2017. The rising popularity of this sport among a growing number of surfers is expected to drive the demand for these watches over the forecast period. Moreover, technological advancements and new product launches are further expected to propel growth over the coming years.
Fishing was another major application segment that accounted for a significant share in 2017 owing to increasing catches of tuna and billfish across various fishing grounds around the world, which has led to an increased need for advanced equipment such as surf watches by fishermen. Rising environmental concerns regarding by-catches have also driven surfers towards using these types of eco-friendly products while catching waves on their boards during recreational fishing trips at sea or along freshwater bodies where permitted activities occur on land or water.
Surf sports include surfing, body boarding, skim boarding.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position throughout the forecast period owing to increasing product demand from U.S., Canada, and Mexico for marine navigation and fishing applications. In addition, rising popularity of water sports activities in North America is also expected to drive product sales over the next eight years.
Asia Pacific regional market captured a revenue share of more than 25% in 2017 due to growing awareness regarding personal safety while surfing along with rapid urbanization and industrialization across countries such as China, India, Indonesia, Malaysia Philippines Thailand Vietnam among others are anticipated to boost industry growth over the forecast period.
Growth Factors:
- Increasing demand for surf watches from the young population as a fashion accessory.
- The increasing popularity of surfing as a sport is driving the demand for surf watches.
- The growing awareness about the health benefits of surfing is propelling the growth of Surf Watches market.
- Rising disposable income of consumers is fueling the demand for premium surf watches brands .
Scope Of The Report
Report Attributes
Report Details
Report Title
Surf Watches Market Research Report
By Type
Electronic, Mechanical
By Application
Fishing, Water Sports, Navigation, Others
By Companies
Rip Curl, Nixon, Vestal Watches, Quiksilver, Casio Computer, Freestyle Brands, Tommy Hilfiger Licensing, Seiko Watch Corporation, Citizen Watch Company of America, Scurfa
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
241
Number of Tables & Figures
169
Customization Available
Yes, the report can be customized as per your need.
Global Surf Watches Market Report Segments:
The global Surf Watches market is segmented on the basis of:
Types
Electronic, Mechanical
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
Fishing, Water Sports, Navigation, 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:
- Rip Curl
- Nixon
- Vestal Watches
- Quiksilver
- Casio Computer
- Freestyle Brands
- Tommy Hilfiger Licensing
- Seiko Watch Corporation
- Citizen Watch Company of America
- Scurfa
Highlights of The Surf 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:
- Electronic
- Mechanical
- By Application:
- Fishing
- Water Sports
- Navigation
- 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 Surf 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?
Surf watches are wristwatches designed to be worn while surfing. They typically have a rubber strap and a waterproof case.
Some of the major players in the surf watches market are Rip Curl, Nixon, Vestal Watches, Quiksilver, Casio Computer, Freestyle Brands, Tommy Hilfiger Licensing, Seiko Watch Corporation, Citizen Watch Company of America, Scurfa.
The surf watches market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Surf 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. Surf Watches Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Surf Watches Market - Supply Chain
4.5. Global Surf Watches Market Forecast
4.5.1. Surf Watches Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Surf Watches Market Size (000 Units) and Y-o-Y Growth
4.5.3. Surf Watches Market Absolute $ Opportunity
5. Global Surf 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. Surf Watches Market Size and Volume Forecast by Type
5.3.1. Electronic
5.3.2. Mechanical
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Surf 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. Surf Watches Market Size and Volume Forecast by Application
6.3.1. Fishing
6.3.2. Water Sports
6.3.3. Navigation
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Surf 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. Surf 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 Surf 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. Surf 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 Surf Watches Demand Share Forecast, 2019-2026
9. North America Surf 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 Surf 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 Surf Watches Market Size and Volume Forecast by Application
9.4.1. Fishing
9.4.2. Water Sports
9.4.3. Navigation
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Surf Watches Market Size and Volume Forecast by Type
9.7.1. Electronic
9.7.2. Mechanical
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 Surf Watches Demand Share Forecast, 2019-2026
10. Latin America Surf 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 Surf 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 Surf Watches Market Size and Volume Forecast by Application
10.4.1. Fishing
10.4.2. Water Sports
10.4.3. Navigation
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Surf Watches Market Size and Volume Forecast by Type
10.7.1. Electronic
10.7.2. Mechanical
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 Surf Watches Demand Share Forecast, 2019-2026
11. Europe Surf 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 Surf 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 Surf Watches Market Size and Volume Forecast by Application
11.4.1. Fishing
11.4.2. Water Sports
11.4.3. Navigation
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Surf Watches Market Size and Volume Forecast by Type
11.7.1. Electronic
11.7.2. Mechanical
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. 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 Surf Watches Demand Share, 2019-2026
12. Asia Pacific Surf 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 Surf 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 Surf Watches Market Size and Volume Forecast by Application
12.4.1. Fishing
12.4.2. Water Sports
12.4.3. Navigation
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Surf Watches Market Size and Volume Forecast by Type
12.7.1. Electronic
12.7.2. Mechanical
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 Surf Watches Demand Share, 2019-2026
13. Middle East & Africa Surf 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 Surf 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 Surf Watches Market Size and Volume Forecast by Application
13.4.1. Fishing
13.4.2. Water Sports
13.4.3. Navigation
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Surf Watches Market Size and Volume Forecast by Type
13.7.1. Electronic
13.7.2. Mechanical
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 Surf Watches Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Surf Watches Market: Market Share Analysis
14.2. Surf Watches Distributors and Customers
14.3. Surf Watches Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Rip Curl
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Nixon
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Vestal Watches
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Quiksilver
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Casio Computer
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Freestyle Brands
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Tommy Hilfiger Licensing
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Seiko Watch Corporation
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Citizen Watch Company of America
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Scurfa
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
