Running Watches Market By Type (Pedometer Watches, GPS Watches, Heart Rate Watches, Multi Sport Watches), By End User (Men, Women), By Price Point (Premium, Medium, Economy), By Distribution Channel (Hypermarkets and Supermarkets, Specialty Stores, Online Retail, Others): Global Opportunity Analysis and Industry Forecast, 2024-2035

April 2024 | 320 pages | ID: RA5BBE61D7F0EN
Allied Market Research

Abstracts

The global running watches market was valued at $2.0 billion in 2023 and is projected t%li%reach $3.8 billion by 2035, registering a CAGR of 5.6% from 2024 t%li%2035.Running watches are wearable devices designed t%li%track and monitor various metrics related t%li%running and other physical activities. These watches feature built-in GPS technology t%li%accurately measure distance, speed, and route during outdoor runs. In addition, they include sensors for tracking heart rate, steps, calories burned, and other performance indicators. Running watches may als%li%offer advanced features such as stride frequency tracking, and recovery metrics.Health and wellness trends play a pivotal role in propelling the growth of the running watches market. As individuals become conscious of their overall well-being, there is a growing inclination towards adopting tools and technologies that facilitate healthier lifestyles. Running watches, equipped with features such as heart rate monitoring, sleep tracking, and stress management, align perfectly with these evolving consumer preferences. The integration of such wellness-oriented functionalities enhances the utility of running watches as well as positions them as essential companions for individuals striving t%li%achieve their fitness goals.Moreover, the emphasis on preventive healthcare and rise in the prevalence of lifestyle-related diseases further highlight the significance of health-tracking devices such as running watches. Consumers are seeking comprehensive solutions that track their physical activity as well as provide insights int%li%their overall health and wellness. This rise in awareness and demand for holistic health management solutions drives the continuous innovation and expansion of the running watches market, positioning it as a crucial component of the broader health and wellness industry.Advanced health tracking presents a significant opportunity for the running watches market by enhancing the value proposition for fitness enthusiasts. By integrating features such as continuous blood oxygen monitoring, hydration tracking, and stress level detection, running watches can offer users a more comprehensive understanding of their health and fitness levels beyond basic activity tracking. These advanced metrics empower runners t%li%make more informed decisions about their training, recovery, and overall well-being, ultimately improving their performance and experience.Moreover, as consumers become increasingly health-conscious and tech-savvy, there is a growing demand for wearable devices that provide actionable insights and personalized recommendations. Running watches that offer sophisticated health-tracking capabilities differentiate themselves in a competitive market and cater t%li%the evolving needs and preferences of fitness enthusiasts wh%li%seek t%li%optimize their training routines and achieve their goals more effectively. This creates a compelling opportunity for manufacturers t%li%innovate and capture market share by delivering cutting-edge devices that prioritize both performance and health.Enhanced durability and weather resistance present a significant opportunity for the running watches market by catering t%li%the needs of outdoor enthusiasts and athletes wh%li%face various environmental challenges during their runs. With rugged construction and improved water resistance, running watches can withstand harsh weather conditions such as rain, snow, and extreme temperatures, ensuring reliable performance in any environment. This durability not only enhances the longevity of the device but als%li%instills confidence in users, allowing them t%li%focus on their runs without worrying about damage t%li%their equipment.Moreover, by emphasizing durability and weather resistance, running watch manufacturers can appeal t%li%a broader audience beyond just dedicated runners, including hikers, trail runners, and adventure seekers wh%li%require robust gear for their outdoor activities. This expansion of the target market can lead t%li%increase in sales and brand loyalty as users recognize the value of investing in a durable and weather-resistant running watch that can keep up with their active lifestyles.Seamless integration with smartphones and apps presents a compelling opportunity for the running watches market. By enhancing connectivity between running watches and smartphones or popular fitness apps, manufacturers can offer users a more streamlined experience. This includes features such as automatic data syncing, real-time notifications, and compatibility with platforms such as Strava and Nike Run Club. This integration allows users t%li%easily track their runs, analyze performance metrics, and share achievements with their social networks, fostering a sense of community and motivation. Moreover, it enables runners t%li%access additional functionalities, such as music control, GPS mapping, and personalized coaching, directly from their wrist, enhancing the overall utility and appeal of running watches as essential fitness companions. As the demand for connected fitness devices continues t%li%rise, seamless integration with smartphones and apps represents a key opportunity for running watch manufacturers t%li%attract and retain customers in a competitive market landscape.The running watches market analysis is segmented int%li%type, end user, price point, distribution channel, and region. By type, the market is divided int%li%pedometer watches, GPS watches, heart rate watches, and multi-sport watches. By end user, the market is segmented int%li%men and women. By price point, the market is divided int%li%premium, medium, and economy. By distribution channel, the market is divided int%li%hypermarkets and supermarkets, specialty stores, online retail, and others. Region-wise, the market is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, France, Italy, Spain, the UK, Russia, and rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia, Thailand, Indonesia, and rest of Asia-Pacific), Latin America (Brazil, Argentina, and rest of Latin America), and Middle East and Africa (South Africa, Saudi Arabia, UAE, and Rest of MEA).The players in the running watches market have adopted acquisition, business expansion, partnership, collaboration, and product launch as their key development strategies t%li%increase profitability and improve their position in the running watches market.Some of the key players profiled in the running watches market analysis include TomTom, Life Trak, Polar, global, Omega, Suunto, Timex, Casio, Rolex, Garmin, Basis, Withings Pulse, Adidas, Apple Inc., and Soleus.

Key Benefits For Stakeholders

• This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the running watches market analysis from 2023 t%li%2035 t%li%identify the prevailing running watches market opportunities.
• The market research is offered along with information related t%li%key drivers, restraints, and opportunities.
• Porter's five forces analysis highlights the potency of buyers and suppliers t%li%enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
• In-depth analysis of the running watches market segmentation assists t%li%determine the prevailing market opportunities.
• Major countries in each region are mapped according t%li%their revenue contribution t%li%the global market.
• Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
• The report includes the analysis of the regional as well as global running watches market trends, key players, market segments, application areas, and market growth strategies.

Additional benefits you will get with this purchase are:

• Quarterly Update and* (only available with a corporate license, on listed price)
• 5 additional Company Profile of client Choice pre- or Post-purchase, as a free update.
• Free Upcoming Version on the Purchase of Five and Enterprise User License.
• 16 analyst hours of support* (post-purchase, if you find additional data requirements upon review of the report, you may receive support amounting t%li%16 analyst hours t%li%solve questions, and post-sale queries)
• 15% Free Customization* (in case the scope or segment of the report does not match your requirements, 15% is equivalent t%li%3 working days of free work, applicable once)
• Free data Pack on the Five and Enterprise User License. (Excel version of the report)
• Free Updated report if the report is 6-12 months old or older.
• 24-hour priority response*
• Free Industry updates and white papers.Possible Customization with this report (with additional cost and timeline, please talk t%li%the sales executive t%li%know more)
• Additional company profiles with specific t%li%client's interest
• Additional country or region analysis- market size and forecast
• Brands Share Analysis
• Criss-cross segment analysis- market size and forecast
• Expanded list for Company Profiles
• Historic market data
• Key player details (including location, contact details, supplier/vendor network etc. in excel format)
• Market share analysis of players at global/region/country level
• SWOT Analysis
• Volume Market Size and Forecast

Key Market Segments

By Type

• Pedometer Watches
• GPS Watches
• Heart Rate Watches
• Multi Sport Watches

By End User

• Men
• Women

By Price Point

• Premium
• Medium
• Economy

By Distribution Channel

• Online Retail
• Others
• Hypermarkets and Supermarkets
• Specialty Stores

By Region

• North America
• U.S.
• Canada
• Mexico
• Europe
• Germany
• France
• Italy
• Spain
• UK
• Rest of Europe
• Asia-Pacific
• China
• Japan
• India
• South Korea
• Australia
• Rest of Asia-Pacific
• Latin America
• Brazil
• Argentina
• Rest of Latin America
• Middle East and Africa
• South Africa
• Saudi Arabia
• UAE
• Rest of Middle East And Africa
• Key Market Players
• Soleus
• Timex
• Nokia
• Xiaomi
• TomTom
• Apple Inc.
• Fitbit LLC
• Samsung%li%Garmin
• Suunto

Contents

CHAPTER 1: INTRODUCTION

1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research methodology
  1.4.1. Primary research
  1.4.2. Secondary research
  1.4.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY

2.1. CXO perspective

CHAPTER 3: MARKET OVERVIEW

3.1. Market definition and scope
3.2. Key findings
  3.2.1. Top impacting factors
  3.2.2. Top investment pockets
3.3. Porter’s five forces analysis
3.4. Market dynamics
  3.4.1. Drivers
  3.4.2. Restraints
  3.4.3. Opportunities

CHAPTER 4: RUNNING WATCHES MARKET, BY TYPE

4.1. Overview
  4.1.1. Market size and forecast
4.2. Pedometer Watches
  4.2.1. Key market trends, growth factors and opportunities
  4.2.2. Market size and forecast, by region
  4.2.3. Market share analysis by country
4.3. GPS Watches
  4.3.1. Key market trends, growth factors and opportunities
  4.3.2. Market size and forecast, by region
  4.3.3. Market share analysis by country
4.4. Heart Rate Watches
  4.4.1. Key market trends, growth factors and opportunities
  4.4.2. Market size and forecast, by region
  4.4.3. Market share analysis by country
4.5. Multi Sport Watches
  4.5.1. Key market trends, growth factors and opportunities
  4.5.2. Market size and forecast, by region
  4.5.3. Market share analysis by country

CHAPTER 5: RUNNING WATCHES MARKET, BY END USER

5.1. Overview
  5.1.1. Market size and forecast
5.2. Men
  5.2.1. Key market trends, growth factors and opportunities
  5.2.2. Market size and forecast, by region
  5.2.3. Market share analysis by country
5.3. Women
  5.3.1. Key market trends, growth factors and opportunities
  5.3.2. Market size and forecast, by region
  5.3.3. Market share analysis by country

CHAPTER 6: RUNNING WATCHES MARKET, BY PRICE POINT

6.1. Overview
  6.1.1. Market size and forecast
6.2. Premium
  6.2.1. Key market trends, growth factors and opportunities
  6.2.2. Market size and forecast, by region
  6.2.3. Market share analysis by country
6.3. Medium
  6.3.1. Key market trends, growth factors and opportunities
  6.3.2. Market size and forecast, by region
  6.3.3. Market share analysis by country
6.4. Economy
  6.4.1. Key market trends, growth factors and opportunities
  6.4.2. Market size and forecast, by region
  6.4.3. Market share analysis by country

CHAPTER 7: RUNNING WATCHES MARKET, BY DISTRIBUTION CHANNEL

7.1. Overview
  7.1.1. Market size and forecast
7.2. Hypermarkets and Supermarkets
  7.2.1. Key market trends, growth factors and opportunities
  7.2.2. Market size and forecast, by region
  7.2.3. Market share analysis by country
7.3. Specialty Stores
  7.3.1. Key market trends, growth factors and opportunities
  7.3.2. Market size and forecast, by region
  7.3.3. Market share analysis by country
7.4. Online Retail
  7.4.1. Key market trends, growth factors and opportunities
  7.4.2. Market size and forecast, by region
  7.4.3. Market share analysis by country
7.5. Others
  7.5.1. Key market trends, growth factors and opportunities
  7.5.2. Market size and forecast, by region
  7.5.3. Market share analysis by country

CHAPTER 8: RUNNING WATCHES MARKET, BY REGION

8.1. Overview
  8.1.1. Market size and forecast By Region
8.2. North America
  8.2.1. Key market trends, growth factors and opportunities
  8.2.2. Market size and forecast, by Type
  8.2.3. Market size and forecast, by End User
  8.2.4. Market size and forecast, by Price Point
  8.2.5. Market size and forecast, by Distribution Channel
  8.2.6. Market size and forecast, by country
    8.2.6.1. U.S.
      8.2.6.1.1. Market size and forecast, by Type
      8.2.6.1.2. Market size and forecast, by End User
      8.2.6.1.3. Market size and forecast, by Price Point
      8.2.6.1.4. Market size and forecast, by Distribution Channel
    8.2.6.2. Canada
      8.2.6.2.1. Market size and forecast, by Type
      8.2.6.2.2. Market size and forecast, by End User
      8.2.6.2.3. Market size and forecast, by Price Point
      8.2.6.2.4. Market size and forecast, by Distribution Channel
    8.2.6.3. Mexico
      8.2.6.3.1. Market size and forecast, by Type
      8.2.6.3.2. Market size and forecast, by End User
      8.2.6.3.3. Market size and forecast, by Price Point
      8.2.6.3.4. Market size and forecast, by Distribution Channel
8.3. Europe
  8.3.1. Key market trends, growth factors and opportunities
  8.3.2. Market size and forecast, by Type
  8.3.3. Market size and forecast, by End User
  8.3.4. Market size and forecast, by Price Point
  8.3.5. Market size and forecast, by Distribution Channel
  8.3.6. Market size and forecast, by country
    8.3.6.1. Germany
      8.3.6.1.1. Market size and forecast, by Type
      8.3.6.1.2. Market size and forecast, by End User
      8.3.6.1.3. Market size and forecast, by Price Point
      8.3.6.1.4. Market size and forecast, by Distribution Channel
    8.3.6.2. France
      8.3.6.2.1. Market size and forecast, by Type
      8.3.6.2.2. Market size and forecast, by End User
      8.3.6.2.3. Market size and forecast, by Price Point
      8.3.6.2.4. Market size and forecast, by Distribution Channel
    8.3.6.3. Italy
      8.3.6.3.1. Market size and forecast, by Type
      8.3.6.3.2. Market size and forecast, by End User
      8.3.6.3.3. Market size and forecast, by Price Point
      8.3.6.3.4. Market size and forecast, by Distribution Channel
    8.3.6.4. Spain
      8.3.6.4.1. Market size and forecast, by Type
      8.3.6.4.2. Market size and forecast, by End User
      8.3.6.4.3. Market size and forecast, by Price Point
      8.3.6.4.4. Market size and forecast, by Distribution Channel
    8.3.6.5. UK
      8.3.6.5.1. Market size and forecast, by Type
      8.3.6.5.2. Market size and forecast, by End User
      8.3.6.5.3. Market size and forecast, by Price Point
      8.3.6.5.4. Market size and forecast, by Distribution Channel
    8.3.6.6. Rest of Europe
      8.3.6.6.1. Market size and forecast, by Type
      8.3.6.6.2. Market size and forecast, by End User
      8.3.6.6.3. Market size and forecast, by Price Point
      8.3.6.6.4. Market size and forecast, by Distribution Channel
8.4. Asia-Pacific
  8.4.1. Key market trends, growth factors and opportunities
  8.4.2. Market size and forecast, by Type
  8.4.3. Market size and forecast, by End User
  8.4.4. Market size and forecast, by Price Point
  8.4.5. Market size and forecast, by Distribution Channel
  8.4.6. Market size and forecast, by country
    8.4.6.1. China
      8.4.6.1.1. Market size and forecast, by Type
      8.4.6.1.2. Market size and forecast, by End User
      8.4.6.1.3. Market size and forecast, by Price Point
      8.4.6.1.4. Market size and forecast, by Distribution Channel
    8.4.6.2. Japan
      8.4.6.2.1. Market size and forecast, by Type
      8.4.6.2.2. Market size and forecast, by End User
      8.4.6.2.3. Market size and forecast, by Price Point
      8.4.6.2.4. Market size and forecast, by Distribution Channel
    8.4.6.3. India
      8.4.6.3.1. Market size and forecast, by Type
      8.4.6.3.2. Market size and forecast, by End User
      8.4.6.3.3. Market size and forecast, by Price Point
      8.4.6.3.4. Market size and forecast, by Distribution Channel
    8.4.6.4. South Korea
      8.4.6.4.1. Market size and forecast, by Type
      8.4.6.4.2. Market size and forecast, by End User
      8.4.6.4.3. Market size and forecast, by Price Point
      8.4.6.4.4. Market size and forecast, by Distribution Channel
    8.4.6.5. Australia
      8.4.6.5.1. Market size and forecast, by Type
      8.4.6.5.2. Market size and forecast, by End User
      8.4.6.5.3. Market size and forecast, by Price Point
      8.4.6.5.4. Market size and forecast, by Distribution Channel
    8.4.6.6. Rest of Asia-Pacific
      8.4.6.6.1. Market size and forecast, by Type
      8.4.6.6.2. Market size and forecast, by End User
      8.4.6.6.3. Market size and forecast, by Price Point
      8.4.6.6.4. Market size and forecast, by Distribution Channel
8.5. Latin America
  8.5.1. Key market trends, growth factors and opportunities
  8.5.2. Market size and forecast, by Type
  8.5.3. Market size and forecast, by End User
  8.5.4. Market size and forecast, by Price Point
  8.5.5. Market size and forecast, by Distribution Channel
  8.5.6. Market size and forecast, by country
    8.5.6.1. Brazil
      8.5.6.1.1. Market size and forecast, by Type
      8.5.6.1.2. Market size and forecast, by End User
      8.5.6.1.3. Market size and forecast, by Price Point
      8.5.6.1.4. Market size and forecast, by Distribution Channel
    8.5.6.2. Argentina
      8.5.6.2.1. Market size and forecast, by Type
      8.5.6.2.2. Market size and forecast, by End User
      8.5.6.2.3. Market size and forecast, by Price Point
      8.5.6.2.4. Market size and forecast, by Distribution Channel
    8.5.6.3. Rest of Latin America
      8.5.6.3.1. Market size and forecast, by Type
      8.5.6.3.2. Market size and forecast, by End User
      8.5.6.3.3. Market size and forecast, by Price Point
      8.5.6.3.4. Market size and forecast, by Distribution Channel
8.6. Middle East and Africa
  8.6.1. Key market trends, growth factors and opportunities
  8.6.2. Market size and forecast, by Type
  8.6.3. Market size and forecast, by End User
  8.6.4. Market size and forecast, by Price Point
  8.6.5. Market size and forecast, by Distribution Channel
  8.6.6. Market size and forecast, by country
    8.6.6.1. South Africa
      8.6.6.1.1. Market size and forecast, by Type
      8.6.6.1.2. Market size and forecast, by End User
      8.6.6.1.3. Market size and forecast, by Price Point
      8.6.6.1.4. Market size and forecast, by Distribution Channel
    8.6.6.2. Saudi Arabia
      8.6.6.2.1. Market size and forecast, by Type
      8.6.6.2.2. Market size and forecast, by End User
      8.6.6.2.3. Market size and forecast, by Price Point
      8.6.6.2.4. Market size and forecast, by Distribution Channel
    8.6.6.3. UAE
      8.6.6.3.1. Market size and forecast, by Type
      8.6.6.3.2. Market size and forecast, by End User
      8.6.6.3.3. Market size and forecast, by Price Point
      8.6.6.3.4. Market size and forecast, by Distribution Channel
    8.6.6.4. Rest of Middle East And Africa
      8.6.6.4.1. Market size and forecast, by Type
      8.6.6.4.2. Market size and forecast, by End User
      8.6.6.4.3. Market size and forecast, by Price Point
      8.6.6.4.4. Market size and forecast, by Distribution Channel

CHAPTER 9: COMPETITIVE LANDSCAPE

9.1. Introduction
9.2. Top winning strategies
9.3. Product mapping of top 10 player
9.4. Competitive dashboard
9.5. Competitive heatmap
9.6. Top player positioning, 2023

CHAPTER 10: COMPANY PROFILES

10.1. Soleus
  10.1.1. Company overview
  10.1.2. Key executives
  10.1.3. Company snapshot
  10.1.4. Operating business segments
  10.1.5. Product portfolio
  10.1.6. Business performance
  10.1.7. Key strategic moves and developments
10.2. Timex
  10.2.1. Company overview
  10.2.2. Key executives
  10.2.3. Company snapshot
  10.2.4. Operating business segments
  10.2.5. Product portfolio
  10.2.6. Business performance
  10.2.7. Key strategic moves and developments
10.3. Nokia
  10.3.1. Company overview
  10.3.2. Key executives
  10.3.3. Company snapshot
  10.3.4. Operating business segments
  10.3.5. Product portfolio
  10.3.6. Business performance
  10.3.7. Key strategic moves and developments
10.4. Xiaomi
  10.4.1. Company overview
  10.4.2. Key executives
  10.4.3. Company snapshot
  10.4.4. Operating business segments
  10.4.5. Product portfolio
  10.4.6. Business performance
  10.4.7. Key strategic moves and developments
10.5. TomTom
  10.5.1. Company overview
  10.5.2. Key executives
  10.5.3. Company snapshot
  10.5.4. Operating business segments
  10.5.5. Product portfolio
  10.5.6. Business performance
  10.5.7. Key strategic moves and developments
10.6. Apple Inc.
  10.6.1. Company overview
  10.6.2. Key executives
  10.6.3. Company snapshot
  10.6.4. Operating business segments
  10.6.5. Product portfolio
  10.6.6. Business performance
  10.6.7. Key strategic moves and developments
10.7. Fitbit LLC
  10.7.1. Company overview
  10.7.2. Key executives
  10.7.3. Company snapshot
  10.7.4. Operating business segments
  10.7.5. Product portfolio
  10.7.6. Business performance
  10.7.7. Key strategic moves and developments
10.8. Samsung
  10.8.1. Company overview
  10.8.2. Key executives
  10.8.3. Company snapshot
  10.8.4. Operating business segments
  10.8.5. Product portfolio
  10.8.6. Business performance
  10.8.7. Key strategic moves and developments
10.9. Garmin
  10.9.1. Company overview
  10.9.2. Key executives
  10.9.3. Company snapshot
  10.9.4. Operating business segments
  10.9.5. Product portfolio
  10.9.6. Business performance
  10.9.7. Key strategic moves and developments
10.10. Suunto
  10.10.1. Company overview
  10.10.2. Key executives
  10.10.3. Company snapshot
  10.10.4. Operating business segments
  10.10.5. Product portfolio
  10.10.6. Business performance
  10.10.7. Key strategic moves and developments