Global Solar Watch Market 2023-2030

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    GLOBAL SOLAR WATCH MARKET

     

    INTRODUCTION

    A solar-powered watch, also known as a light-powered watch, is one that is powered entirely or partially by a solar cell.A solar watch is essentially a regular quartz watch that is powered by the sun.

     

    Most solar watches now have solar cells beneath the dial, allowing the dial to be as good as any other watch. Solar watches have a very simple working mechanism. The only difference between it and a standard quartz watch is the additional solar power generation.

     

    Solar cells above or beneath the dial absorb light (natural or artificial) and convert it to electrical energy. This is known as the photovoltaic effect, and it is why solar cells are also referred to as photovoltaic cells (or short as PV cells).

     

    After that, electrical energy will be stored in a rechargeable battery with an over charging cut-off function. From here, the watch operates similarly to a standard quartz watch.

     

    GLOBAL SOLAR WATCH MARKET SIZE AND FORECAST

     

    infographic : Solar Watch Market , Solar Watch Market Size, Solar Watch Market Trends, Solar Watch Market Forecast, Solar Watch Market Risks, Solar Watch Market Report, Solar Watch Market Share

     

    The Global Solar Watch Market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.

     

    NEW PRODUCT LAUNCH

    For decades, Seiko Solar and Citizen Eco-Drive watches have competed in the solar watch market. Casio’s Tough Solar is also very popular, particularly in its G-Shock tactical watch line. In recent years, some newer competitors have entered the market.

     

    Chronograph Citizen Corso Eco-Drive ,It has a clean dial with a sunray design in dark blue that changes into different shades with the reflection of light, matched with a stainless steel case and bracelet. A sapphire crystal protects the dial window from glares and scratches.

     

    With its 5-month power reserve solar-powered feature, this Japanese quartz watch provides precise timekeeping as well as a chronograph, tachymeter, and date display.

     

    Solios specialises in producing elegant minimalist solar watches. The Canadian watch company makes its timepieces as environmentally friendly as possible, allowing them to become the first B Corp certified watch company. Furthermore, Solios has pledged to protect one acre of rainforest for every watch sold.

     

    The Garmin Instinct Solar is a smartwatch that goes above and beyond. It still has military-grade toughness, but it also has longer battery life, bolder designs, higher contrast displays, and two new activity-specific editions: the Instinct Solar – Surf Edition and the Instinct Solar – Tactical Edition.

     

    You can train smarter and record your activities more accurately with these editions. Another notable addition is the Pulse Ox2 sensor, which can determine the wearer’s oxygen absorption and body temperature.

     

    RECENT DEVELOPMENT AND INNOVATION

     

    S No Company Name Development
    1 G-Shocks The unsung heroes of dependability, use, and the genuine essence of a shock-resistant watch have frequently been G-Shocks.
    2 Epson The Epson VS42 solar movement has a sapphire crystal cover. A bevelled chapter ring and a date window give the face depth.It is environmentally friendly and just uses natural and artificial light to operate. 
    3 BERING The BERING Collection Watch has a sleek, elegant design. Time Solar has a streamlined, minimalistic style that is packed with contemporary solar watch functionality. This will be the best option for them if they’re searching for a high-tech watch that isn’t overly difficult. 
    4 One Eleven SWII  One Eleven SWII Solar Watch is the astonishingly inexpensive solar-powered wristwatch sports a 42-millimeter case made of environmentally friendly, plant-based plastic that is casually chic. 
    5 Citizen Avion Consider the Citizen Avion is like a timeless, informal timepiece with a modern take on an aviation dial and a subtly retro design aesthetic. 

     

     G-Shocks have emerged as the go-to and widely used solar watches for anyone searching for something with a somewhat more sporty style that can withstand almost anything. 

     

    The GW6900-1 digital watch, one of the brand’s most enduring icons, sports one of its most traditional and approachable design versions. A 50mm diameter resin case with 4 pushes that regulate a variety of features, including global time, is tough but controlled.

     

    Epson VS42, No need to change batteries. The reserve battery has a six-month lifespan even when kept in complete darkness. They are quite precise. Similar to conventional quartz movements, but using light as its power source rather than a battery. A solar watch is ideal for EDC because of all of this. 

     

    BERING’s robust design includes a black ion-plated stainless steel case with a scratch-resistant sapphire crystal dial window, a black dial with white accents, and a Milanese mesh bracelet. The watch also boasts a sizable power reserve.

     

     This solar-powered quartz watch can operate for six to twelve months on a single full charge.

     

    One Eleven SWII has a case back made of stainless steel and boasts strong water resistance of up to 100 meters. The One Eleven SWII comes with a comfortable cloth strap with a Velcro fastening and is available in a variety of finishes.

     

    Citizen Avion watch is more of an aviation inspired watch than a pilot’s tool because of the obvious design inspiration from vintage aircraft watches. especially considering that the watch has no lume on the dial and only has lume on the hands. 

     

    However, the three concentric scales (minutes, regular hours, and military hours) are skillfully placed to produce a broader impression of something almost nostalgic for flight.

     

    THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

    1. How many Solar Watch are manufactured per annum globally? Who are the sub-component suppliers in different regions?
    2. Cost breakup of a Global Solar Watch and key vendor selection criteria
    3. Where is the Solar Watch manufactured? What is the average margin per unit?
    4. Market share of Global Solar Watch market manufacturers and their upcoming products
    5. Cost advantage for OEMs who manufacture Global Solar Watch in-house
    6. key predictions for next 5 years in Global Solar Watch market
    7. Average B-2-B Solar Watch market price in all segments
    8. Latest trends in Solar Watch market, by every market segment
    9. The market size (both volume and value) of the Solar Watch market in 2023-2030 and every year in between?
    10. Production breakup of Solar Watch market, by suppliers and their OEM relationship

     

    Sl no Topic
    1 Market Segmentation
    2 Scope of the report
    3 Abbreviations
    4 Research Methodology
    5 Executive Summary
    6 Introduction
    7 Insights from Industry stakeholders
    8 Cost breakdown of Product by sub-components and average profit margin
    9 Disruptive innovation in the Industry
    10 Technology trends in the Industry
    11 Consumer trends in the industry
    12 Recent Production Milestones
    13 Component Manufacturing in US, EU and China
    14 COVID-19 impact on overall market
    15 COVID-19 impact on Production of components
    16 COVID-19 impact on Point of sale
    17 Market Segmentation, Dynamics and Forecast by Geography, 2023-2030
    18 Market Segmentation, Dynamics and Forecast by Product Type, 2023-2030
    19 Market Segmentation, Dynamics and Forecast by Application, 2023-2030
    20 Market Segmentation, Dynamics and Forecast by End use, 2023-2030
    21 Product installation rate by OEM, 2023
    22 Incline/Decline in Average B-2-B selling price in past 5 years
    23 Competition from substitute products
    24 Gross margin and average profitability of suppliers
    25 New product development in past 12 months
    26 M&A in past 12 months
    27 Growth strategy of leading players
    28 Market share of vendors, 2023
    29 Company Profiles
    30 Unmet needs and opportunity for new suppliers
    31 Conclusion
    32 Appendix
     
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