Diving Watch Market: Introduction

  • Diving watch, also known as dive watch or diver’s watch, are designed to handle the pressure at depths that divers dive to. Diving watches have at least 100 meter water resistance capacity. The watch includes a rotating bezel that shows the diver how long they have been underwater and it also shows depths of the diver. The straps on diving watches most commonly are made from rubber or stainless steel due to their resistance to seawater, humidity, and direct sunlight. They can also withstand pressure. Watches satisfying the standards of ISO 6425 are marked as diving or diver’s watch. The market is likely to see a significant increase in demand for diving watches during the forecast period.

Key Drivers and Opportunities of the Global Diving Watch Market

  • Rise in awareness about leisure activities such as trekking, hiking, and diving among the people and increase in disposable income has led to rise in standard of living. This is likely to increase the demand for diving watches during the forecast period.
  • Diving watches have some key features such as illuminated dial, rotating dive bevel, gasket, helium escape value, and show depth to make them more comfortable to use underwater. These features are projected to increase the demand for diving watches.
  • With the increase in number of working women, manufacturers are coming up with new products and strategies specifically for women, which can propel the demand for diving watches. Manufacturers such as Garmin introduced a new product "Descent Mk2S," which targets women consumers as it has multiple features such as tracking menstrual cycles, pregnancy tracking, advanced sleep monitoring, etc. This factor is expected to drive the growth of the global diving watch market during the forecast period.

Restraint of the Global Diving Watch Market

  • Increasing number of unorganized market players who provide low quality diving watches at a cheap price is likely to hamper the growth of the diving watch market during the forecast period.

North America to hold Major Share of the Global Diving Watch Market

  • In terms of region, the global diving watch market can be divided into North America, Europe, Asia Pacific, Middle & East Africa, and South America.
  • Country-level segmentation of the North America market involves forecast and analysis for the U.S., Canada, and Rest of North America. Country-level analysis and forecast of the Europe market includes historical and forecast analysis for the diving watch market in the U.K., Germany, France, and Rest of Europe. Country-level analysis and forecast for the Asia Pacific market includes major countries such as India, China, and Japan, besides Rest of Asia Pacific. Middle East & Africa country-level analysis and forecast for the diving watch market includes GCC countries, South Africa, and Rest of Middle East & Africa. The South America diving watch market is categorized into Brazil, and Rest of South America.
  • North America is the dominant global diving watch market due to the presence of large number of scuba divers and high purchasing power of consumers in the region. The U.S. holds major share in the North America market due to high standard of living.

Key Players Operating in the Global Diving Watch Market

Major players operating in the global diving watch market includes:

  • Victorinox
  • Omega SA
  • Citizen Watch Co., Ltd
  • Rolex. Org
  • Stuhrling
  • Oris SA
  • TAG Heuer SA
  • Tudor
  • IWC Schaffhausen
  • Seiko Watch Corporations

Global Diving Watch Market: Research Scope

Global Diving Watch Market, by Consumer

  • Men
  • Women

Global Diving Watch Market, by Strap

  • Stainless Steel Strap
  • Silicon Strap

Global Diving Watch Market, by Distribution Channel

  • Online
    • E- commerce Websites
    • Company Owned Websites
  • Offline
    • Specialty Stores
    • Other Retail Stores

Global Diving Watch Market, by Region

  • North America
    • U.S.
    • Canada
    • Rest of North America
  • Europe
    • Germany
    • U.K.
    • France
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • Australia
    • Rest of Asia Pacific
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa
  • South America
    • Brazil
    • Rest of South America

This upcoming business intelligence report is intended to be a one-stop market research solution to guide organizations in taking timely and effective decisions for their business growth. The ongoing study is the culmination of our deep expertise on data science methods, combined with an unparalleled understanding of the external environment and analysis of the industries. Each of the reports by TMR aims at offering a detailed scrutiny of the value chain of our current and prospective customers, takes them from identifying value propositions, and subsequently assist their business executives to implement right strategies to create customer value. We believe that creating and sustaining the customer value is the key pivot on which business executives can create profits for their organizations and increase the market shares, continuously and with sustainability.

Each of our touchpoints through which we engage with the organization/enterprise during the primary research enables us to understand the internal environment it operates in and the ways in which the external environment influences its growth.

Always Evolving with Competition

Excellence is built into the DNA of TMR, and all our teams work collaboratively and committedly toward achieving that in whatever they do. From the very first interaction our teams of research analysts have with any interested market participant to the final preparation processes in each of our reports reflects a rigorous understanding of the dynamic industry environment that businesses operate in.

We relentlessly work to be a differentiator in whatever we do in the current era of hypercompetitive global environment. The result of our unceasing focus on excellence is reflected clearly in the insights and guidance we offer to our customers in order to empower them to create brand equity. Our simple yet very powerful underpinning for navigating the competition is to always keep evolving with changing business environments. Our close-kinit team of research analysts not only believe in this simple philosophy but also implement the same.

Constantly Innovating Our Research Methodologies and Models

We do not limit with any specific market research tool or one standard approach for obtaining or analyzing data. Undoubtedly, our report making process is ever-evolving to meet the customer needs and demands supported broadly by a vast knowledge of data science methods that we combine with business acumen our teams have built upon for several years. Evidently, our primary and secondary research data about customers and consumers have shown that we can go to any lengths to obtain them. This is followed by applying next-gen automation tools integrated with human judgement to clear the clutter, ascertain the most relevant and recent qualitative and quantitative insights, and package them in digestible chunks in our reports for our customers.

We Take Pride in No-One-Size-Fits-All Approach

Over the past several years, we have been conducting market intelligence studies across all industries for all types of organizations — big and small, profit and not-for-profit, and Fortune 500 and Unicorns, as we believe that a sound decision making must be based on no-one-size-fits-all approach. Without doubt, each of the organizations regardless of the industry they are in are affected differently by changes in political, economic, socio-culture, legal, ecological, and legal environments. The research models and the value chain analysis process that our analysts employ for conducting the study uphold this approach.

We look at myriad components of internal and external business environment affecting the growth strategies of organizations. Some of the broader aspects that we focus on are:

  • Our team of Analysts and Support Teams always strive to see the bigger picture in life cycle stages of any industry
  • The Teams focus on obtaining valuable insights into different models of competitive advantage while making an internal environment analysis
  • They keep on modifying the value chain analysis processes of organizations to understand on how customer value is created

Some areas of assessing market dynamics that are used in the research models and methodologies adopted by our analysts can be summarized as:

  • Corporate and business strategies underlying new brand positioning strategies
  • Mapping for strategic planning for business units
  • Various metrics for business portfolio analysis, including BCG matrix
  • Value chain analysis

These will help create and sustain competitive advantage for our prospects and current customers.

Key focus areas and agenda that underpin and catalyze our primary and secondary research initiatives and endeavors are:

  • What are some of the core competencies and distinctive competencies of new entrants and established players in the industry we are analyzing?
  • What are some of the branding opportunities that are emerging at a rapid pace?
  • What are the major competitive forces and elements of external environment shaping the industry life cycle stages of most organizations?
  • Why some competitive strategies are popular than others among leaders in a certain market?
  • What customer-based brand equity strategies companies have leveraged in a certain industry or set of related industries in a sector?
  • What are some of the key pricing strategies that companies in an industry are implementing for marketing their products internationally?
  • Identifying whether market-push or market-pull strategies are more relevant to a certain product or a service?

Disclaimer: This ongoing market research study is a meticulously planned activity where a broad array of factors and aspects that shape the marketing environment and industry are taken into account. However, keeping in mind the constantly changing nature of business dynamics and changing strategic intents, we are always actively making iterations and modifications in our approaches. As always, we are ready to tailor our insights and guidance to suit your requirements. Engage with us to know what more is there for your CXOs.

Enquiry Before Buying

TMR offers Enquiry Before Buying that help clients to get information on their business scenario required where syndicated solutions are not enough.

Enquiry Before Buying

Diving Watch Market