Global Surf Watches Market is expected to gain a positive CAGR growth in the forthcoming period. Surf watches are particularly used by surfers while sea surfing and sea diving to have a close look for time spent on the sea waters. Surf watches are much stylish and are more even precise in display. Commercially, surf watches pertain only to sea use but it can be used in rainy and foggy situations where visibility is a significant issue. Other prominent factors to look for in surf watches include versatile functionality and availability in analog and digital format in the market.
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Driving factors responsible for the growth of Surf Watches Market include growth in surfing tournaments and enhanced safety enabling attractive features. Also, the rise in water tourism across the globe is another factor to boost the market. Moreover, favorable demand for underwater diving and water adventure sports have emerged as market force for the growth of Surf Watches Market recently in the past. Likewise, the shift towards surf watches for regular use over conventional ones is likely to add to the growth of the industry. However, cost constraints, size of surf watches and endurance issues may likely hinder the growth of Surf Watches Market growth.
Based on segmentation by Surf Watches Market include professional waterproof and ordinary waterproof. By application, the segmentation for the market include water sports, fishing and navigation. Geographically, Surf Watches Market spans North America, Latin America, Europe, Middle-East, Asia-Pacific and Africa. North America and Europe market is likely to dominate the market growth in the forthcoming period owing to growth in water adventure sports coupled with underwater diving and other sea activities. APAC and MEA market is also expected to witness a higher growth due to rise in marine diving, water tourism and demand for surf watches for versatile use.
The key players in the Surf Watches Market include Casio Computer Co Ltd, Quiksilver, Nixon, Rip Curl, Freestyle Brands LLC, Vestal Watches, Seiko Watch Corporation, Tommy Hilfiger Licensing LLC, Citizen Watch Company of America Inc.
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