Global Outdoor Watch Market to Witness Growth Acceleration by 2028

The global outdoor watch market is anticipated to grow at a CAGR of 4.7% during the forecast period (2022-2028). The market is growing mainly due to the benefits provided by outdoor watches during outdoor activities. Outdoor devices are primarily intended for use in the outdoors. They are built of high-quality materials and can survive harsh environments. An altimeter, a barometer, and a compass should be among their primary tasks. GPS is also required as it allows you to establish the location, follow the moves on a map, and even return to the starting point. These gadgets are designed to make the time outside more enjoyable.
Overall, whether users are training or exploring, outdoor devices give comfort and relevant data in the field. They measure data properly and have a large battery capacity, preventing users from becoming lost even in the most distant locations, due to innovative technologies. All outdoor equipment is built to last, as evidenced by its more robust design. As a result, they include features such as a storm alarm or sunrise/sunset warnings. For instance, some types are intended specifically for hunters, allowing them to detect shots automatically and others can measure the depth or forecast the weather. Outdoor watches, unlike running watches, do not need to contain heart rate tracking. Most outdoor watches, though usually of the more extreme sort, can be used for training as well. Some features, such as a stopwatch, fitness test, and calorie counting, are similar to those found in running watches.

Overall, whether users are training or exploring, outdoor devices give comfort and relevant data in the field. They measure data properly and have a large battery capacity, preventing users from becoming lost even in the most distant locations, due to innovative technologies. All outdoor equipment is built to last, as evidenced by its more robust design. The outdoor watches market is expected to develop due to rising acceptance of fitness tracking devices, rising adoption of technologically advanced products, and rising disposable incomes. Increased consumer spending on health monitoring equipment has come from an increase in consumer health awareness across the globe. This has resulted in an upsurge in outdoor watches sales. It provides a wide range of monitoring capabilities that allow users to control music, notifications, walk tracks, heartbeat rates, and other features, boosting the market growth.

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Market Coverage
• The market number available for - 2021-2028
• Base year- 2021
• Forecast period- 2022-2028

• Segment Covered-
o By Type
o By Applications

• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World

• Competitive Landscape- Casio India Co. Pvt. Ltd., Rolex, Seiko Watch Corp., SUUNTO, The Swatch Group Ltd., among others.

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Key questions addressed by the report
• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How has COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

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Global Outdoor Watch Market Report by Segment

By Type
• Quartz Movement
• Mechanical Movement

By Applications
• Amateur Outdoor Enthusiasts
• Professional Outdoor Enthusiasts

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This release was published on openPR.