Global Tourbillon Watch Industry Research Report, Growth Trends and Competitive Analysis 2022-2028
SKU ID : QYR-22122240 | Publishing Date : 02-Dec-2022 | No. of pages : 126
The tourbillon was invented by the famous Swiss watchmaker Abraham Breguet in 1795 and is a device in a mechanical watch movement. The design of the tourbillon device itself is used on the pocket watch, because when the pocket watch is placed vertically in the pocket or hung on the neck, the gravity will affect the swing speed of the balance wheel, causing errors.
The principle of the tourbillon is basically to design the balance spring, fork lever and escapement system to operate on the same axis. The tourbillon will continuously rotate during operation to reduce the effect of gravity.
However, with the rise of watches in the twentieth century, because the watches are not placed vertically for a long time, the effect of the tourbillon device on the watch is not as great as that of the pocket watch. Therefore, the tourbillon has become synonymous with high-end watches.
German watchmaker Alfred Helwig, invented the second generation tourbillon watch in 1927, remove the flywheel fixing bracket, called "flying tourbillon".
Hong Kong watchmaker Jiao Dayu invented the third generation tourbillon watch at Tianyixuan in Hong Kong in 1991 and obtained a patent in 1993. He not only removed the flywheel fixing bracket, but also removed the flywheel rotating frame, and modified the balance wheel splint, which greatly reduced the weight of the tourbillon, enhanced stability, and more artistic beauty. His tourbillon watch is called "Kiu ’s Mystery Tourbillon", also known as "Chinese Tourbillon".
The tourbillon watch is known for its extreme precision. Before the world of quartz watches and electronic surfaces, the tourbillon watch was claimed to only run for one second for several decades, which is the ultimate timepiece.
Report Overview
Due to the COVID-19 pandemic and Russia-Ukraine War Influence, the global market for Product Name estimated at US$ million in the year 2022, is projected to reach a revised size of US$ million by 2028, growing at a CAGR of % during the forecast period 2022-2028.
The USA market for Tourbillon Watch is estimated to increase from $ million in 2022 to reach $ million by 2028, at a CAGR of % during the forecast period of 2023 through 2028.
The China market for Tourbillon Watch is estimated to increase from $ million in 2022 to reach $ million by 2028, at a CAGR of % during the forecast period of 2023 through 2028.
The Europe market for Tourbillon Watch is estimated to increase from $ million in 2022 to reach $ million by 2028, at a CAGR of % during the forecast period of 2023 through 2028.
The global key manufacturers of Tourbillon Watch include Cartier, Breguet, Patek Philippe SA, Glashütte Original, Piaget, TAG Heuer, Jaeger-LeCoultre, IWC and Jacob&Co., etc. In 2021, the global top five players had a share approximately % in terms of revenue.
Report Scope
This latest report researches the industry structure, sales, revenue, price and gross margin. Major producers' production locations, market shares, industry ranking and profiles are presented. The primary and secondary research is done in order to access up-to-date government regulations, market information and industry data. Data were collected from the Tourbillon Watch manufacturers, distributors, end users, industry associations, governments' industry bureaus, industry publications, industry experts, third party database, and our in-house databases.
This report also includes a discussion of the major players across each regional Tourbillon Watch market. Further, it explains the major drivers and regional dynamics of the global Tourbillon Watch market and current trends within the industry.
Key Companies Covered
In this section of the report, the researchers have done a comprehensive analysis of the prominent players operating and the strategies they are focusing on to combat the intense competition. Company profiles and market share analysis of the prominent players are also provided in this section. Additionally, the specialists have done an all-encompassing analysis of each player. They have also provided reliable sales, revenue, price, market share and rank data of the manufacturers for the period 2017-2022. With the assistance of this report, key players, stakeholders, and other participants will be able to stay abreast of the recent and upcoming developments in the business, further enabling them to make efficient choices. Mentioned below are the prime players taken into account in this research report:
Cartier
Breguet
Patek Philippe SA
Glashütte Original
Piaget
TAG Heuer
Jaeger-LeCoultre
IWC
Jacob&Co.
Girard-Perregaux
Blancpain
Corum Admiral
Greubel Forsey
Graff
Hysek
Roger Dubuis
Memorigin
Seagull
Market Segments
This report has explored the key segments: by Type and by Application. The lucrativeness and growth potential have been looked into by the industry experts in this report. This report also provides sales, revenue and average price forecast data by type and by application segments based on sales, price, and value for the period 2017-2028.
Tourbillon Watch
Segment by Type
Traditional Breguet Tourbillon
Flying Tourbillon
Astronomia Tourbillon
Double-Axis Tourbillon
Triple-Axis Tourbillon
Other
Tourbillon Watch
Segment by Application
Department Store
Luxury Store
Online Store
Other
This section of the report provides key insights regarding various regions and the key players operating in each region. Economic, social, environmental, technological, and political factors have been taken into consideration while assessing the growth of the particular region/country. The readers will also get their hands on the value and sales data of each region and country for the period 2017-2028.
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
Key Drivers & Barriers
High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.
COVID-19 and Russia-Ukraine War Influence Analysis
The readers in the section will understand how the Tourbillon Watch market scenario changed across the globe during the pandemic, post-pandemic and Russia-Ukraine War. The study is done keeping in view the changes in aspects such as demand, consumption, transportation, consumer behavior, supply chain management, export and import, and production. The industry experts have also highlighted the key factors that will help create opportunities for players and stabilize the overall industry in the years to come.
Report Includes:
This report presents an overview of global market for Tourbillon Watch, sales, revenue and price. Analyses of the global market trends, with historic market revenue/sales data for 2017 - 2021, estimates for 2022, and projections of CAGR through 2028.
This report researches the key producers of Tourbillon Watch, also provides the sales of main regions and countries. Highlights of the upcoming market potential for Tourbillon Watch, and key regions/countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.
This report focuses on the Tourbillon Watch sales, revenue, market share and industry ranking of main manufacturers, data from 2017 to 2022. Identification of the major stakeholders in the global Tourbillon Watch market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.
This report analyzes the segments data by type and by application, sales, revenue, and price, from 2017 to 2028. Evaluation and forecast the market size for Tourbillon Watch sales, projected growth trends, production technology, application and end-user industry.
Descriptive company profiles of the major global players, including Cartier, Breguet, Patek Philippe SA, Glashütte Original, Piaget, TAG Heuer, Jaeger-LeCoultre, IWC and Jacob&Co., etc.
The principle of the tourbillon is basically to design the balance spring, fork lever and escapement system to operate on the same axis. The tourbillon will continuously rotate during operation to reduce the effect of gravity.
However, with the rise of watches in the twentieth century, because the watches are not placed vertically for a long time, the effect of the tourbillon device on the watch is not as great as that of the pocket watch. Therefore, the tourbillon has become synonymous with high-end watches.
German watchmaker Alfred Helwig, invented the second generation tourbillon watch in 1927, remove the flywheel fixing bracket, called "flying tourbillon".
Hong Kong watchmaker Jiao Dayu invented the third generation tourbillon watch at Tianyixuan in Hong Kong in 1991 and obtained a patent in 1993. He not only removed the flywheel fixing bracket, but also removed the flywheel rotating frame, and modified the balance wheel splint, which greatly reduced the weight of the tourbillon, enhanced stability, and more artistic beauty. His tourbillon watch is called "Kiu ’s Mystery Tourbillon", also known as "Chinese Tourbillon".
The tourbillon watch is known for its extreme precision. Before the world of quartz watches and electronic surfaces, the tourbillon watch was claimed to only run for one second for several decades, which is the ultimate timepiece.
Report Overview
Due to the COVID-19 pandemic and Russia-Ukraine War Influence, the global market for Product Name estimated at US$ million in the year 2022, is projected to reach a revised size of US$ million by 2028, growing at a CAGR of % during the forecast period 2022-2028.
The USA market for Tourbillon Watch is estimated to increase from $ million in 2022 to reach $ million by 2028, at a CAGR of % during the forecast period of 2023 through 2028.
The China market for Tourbillon Watch is estimated to increase from $ million in 2022 to reach $ million by 2028, at a CAGR of % during the forecast period of 2023 through 2028.
The Europe market for Tourbillon Watch is estimated to increase from $ million in 2022 to reach $ million by 2028, at a CAGR of % during the forecast period of 2023 through 2028.
The global key manufacturers of Tourbillon Watch include Cartier, Breguet, Patek Philippe SA, Glashütte Original, Piaget, TAG Heuer, Jaeger-LeCoultre, IWC and Jacob&Co., etc. In 2021, the global top five players had a share approximately % in terms of revenue.
Report Scope
This latest report researches the industry structure, sales, revenue, price and gross margin. Major producers' production locations, market shares, industry ranking and profiles are presented. The primary and secondary research is done in order to access up-to-date government regulations, market information and industry data. Data were collected from the Tourbillon Watch manufacturers, distributors, end users, industry associations, governments' industry bureaus, industry publications, industry experts, third party database, and our in-house databases.
This report also includes a discussion of the major players across each regional Tourbillon Watch market. Further, it explains the major drivers and regional dynamics of the global Tourbillon Watch market and current trends within the industry.
Key Companies Covered
In this section of the report, the researchers have done a comprehensive analysis of the prominent players operating and the strategies they are focusing on to combat the intense competition. Company profiles and market share analysis of the prominent players are also provided in this section. Additionally, the specialists have done an all-encompassing analysis of each player. They have also provided reliable sales, revenue, price, market share and rank data of the manufacturers for the period 2017-2022. With the assistance of this report, key players, stakeholders, and other participants will be able to stay abreast of the recent and upcoming developments in the business, further enabling them to make efficient choices. Mentioned below are the prime players taken into account in this research report:
Cartier
Breguet
Patek Philippe SA
Glashütte Original
Piaget
TAG Heuer
Jaeger-LeCoultre
IWC
Jacob&Co.
Girard-Perregaux
Blancpain
Corum Admiral
Greubel Forsey
Graff
Hysek
Roger Dubuis
Memorigin
Seagull
Market Segments
This report has explored the key segments: by Type and by Application. The lucrativeness and growth potential have been looked into by the industry experts in this report. This report also provides sales, revenue and average price forecast data by type and by application segments based on sales, price, and value for the period 2017-2028.
Tourbillon Watch
Segment by Type
Traditional Breguet Tourbillon
Flying Tourbillon
Astronomia Tourbillon
Double-Axis Tourbillon
Triple-Axis Tourbillon
Other
Tourbillon Watch
Segment by Application
Department Store
Luxury Store
Online Store
Other
Key Regions
& CountriesThis section of the report provides key insights regarding various regions and the key players operating in each region. Economic, social, environmental, technological, and political factors have been taken into consideration while assessing the growth of the particular region/country. The readers will also get their hands on the value and sales data of each region and country for the period 2017-2028.
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
Key Drivers & Barriers
High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.
COVID-19 and Russia-Ukraine War Influence Analysis
The readers in the section will understand how the Tourbillon Watch market scenario changed across the globe during the pandemic, post-pandemic and Russia-Ukraine War. The study is done keeping in view the changes in aspects such as demand, consumption, transportation, consumer behavior, supply chain management, export and import, and production. The industry experts have also highlighted the key factors that will help create opportunities for players and stabilize the overall industry in the years to come.
Report Includes:
This report presents an overview of global market for Tourbillon Watch, sales, revenue and price. Analyses of the global market trends, with historic market revenue/sales data for 2017 - 2021, estimates for 2022, and projections of CAGR through 2028.
This report researches the key producers of Tourbillon Watch, also provides the sales of main regions and countries. Highlights of the upcoming market potential for Tourbillon Watch, and key regions/countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.
This report focuses on the Tourbillon Watch sales, revenue, market share and industry ranking of main manufacturers, data from 2017 to 2022. Identification of the major stakeholders in the global Tourbillon Watch market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.
This report analyzes the segments data by type and by application, sales, revenue, and price, from 2017 to 2028. Evaluation and forecast the market size for Tourbillon Watch sales, projected growth trends, production technology, application and end-user industry.
Descriptive company profiles of the major global players, including Cartier, Breguet, Patek Philippe SA, Glashütte Original, Piaget, TAG Heuer, Jaeger-LeCoultre, IWC and Jacob&Co., etc.
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.