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Europe Running Watches Market Size, Share & Trends Analysis Report By End User (Men and Women), By Type, By Price Point (Medium, Economy, and Premium), By Distribution Channel, By Country and Growth Forecast, 2024 - 2031

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    Report

  • 128 Pages
  • August 2024
  • Region: Europe
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 6004164
The Europe Running Watches Market would witness market growth of 5.1% CAGR during the forecast period (2024-2031).

The Germany market dominated the Europe Running Watches Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $185.6 million by 2031. The UK market is exhibiting a CAGR of 4.3% during 2024-2031. Additionally, the France market would experience a CAGR of 6% during 2024-2031.



People are becoming more aware of the value of keeping an active lifestyle to improve their physical as well as mental health, which has led to an increase in the usage of wearable technology such as running watches. Running watches enable users to monitor and measure a variety of fitness metrics, including heart rate, calories burned, distance traveled, and step count. These devices provide real-time feedback, allowing users to monitor their progress and set fitness goals. This has proven highly motivating for those looking to enhance their health and fitness levels.

Running watches have become indispensable tools for individuals beginning fitness endeavors, as they offer data that allow users to track their progress or adjust their routines. In addition to promoting physical activity, running watches contribute to the growing interest in preventative health care. These devices can assist individuals in recognizing potential health risks before they escalate by offering consumers a comprehensive understanding of their health metrics.

In France, the population's increasing health consciousness is a significant factor in the developing demand for running watches. The French government has actively promoted physical activity through various initiatives, including national fitness campaigns encouraging citizens to exercise regularly to combat sedentary lifestyles. According to the World Health Organization, 59.9% of adults (18-54 years of age) engage in some form of regular physical activity, with running being a preferred choice for many. The popularity of running events, such as marathons and local races, has also surged, creating a strong demand for fitness wearables. Running watches, which help track performance and provide personalized fitness data, have become essential tools for the health-conscious French population. Thus, as European consumers continue to invest in their health and fitness, the market for running watches is expected to maintain its growth trajectory in the coming years.

List of Key Companies Profiled

  • Garmin Ltd.
  • Apple, Inc.
  • Fitbit, Inc. (Google LLC)
  • Samsung Electronics Co. Ltd
  • Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
  • Nokia Corporation
  • Xiaomi Corporation
  • TomTom N.V.
  • Polar Electro Oy
  • Suunto Oy

Market Report Segmentation

By End User

  • Men
  • Women

By Type

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

By Price Point

  • Medium
  • Economy
  • Premium

By Distribution Channel

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

By Country

  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Running Watches Market, by End User
1.4.2 Europe Running Watches Market, by Type
1.4.3 Europe Running Watches Market, by Price Point
1.4.4 Europe Running Watches Market, by Distribution Channel
1.4.5 Europe Running Watches Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
3.3 Porter Five Forces Analysis
Chapter 4. Europe Running Watches Market by End User
4.1 Europe Men Market by Country
4.2 Europe Women Market by Country
Chapter 5. Europe Running Watches Market by Type
5.1 Europe Heart Rate Watches Market by Country
5.2 Europe Pedometer Watches Market by Country
5.3 Europe GPS Watches Market by Country
5.4 Europe Multi Sport Watches Market by Country
Chapter 6. Europe Running Watches Market by Price Point
6.1 Europe Medium Market by Country
6.2 Europe Economy Market by Country
6.3 Europe Premium Market by Country
Chapter 7. Europe Running Watches Market by Distribution Channel
7.1 Europe Hypermarkets & Supermarkets Market by Country
7.2 Europe Specialty Stores Market by Country
7.3 Europe Online Retail Market by Country
7.4 Europe Others Market by Country
Chapter 8. Europe Running Watches Market by Country
8.1 Germany Running Watches Market
8.1.1 Germany Running Watches Market by End User
8.1.2 Germany Running Watches Market by Type
8.1.3 Germany Running Watches Market by Price Point
8.1.4 Germany Running Watches Market by Distribution Channel
8.2 UK Running Watches Market
8.2.1 UK Running Watches Market by End User
8.2.2 UK Running Watches Market by Type
8.2.3 UK Running Watches Market by Price Point
8.2.4 UK Running Watches Market by Distribution Channel
8.3 France Running Watches Market
8.3.1 France Running Watches Market by End User
8.3.2 France Running Watches Market by Type
8.3.3 France Running Watches Market by Price Point
8.3.4 France Running Watches Market by Distribution Channel
8.4 Russia Running Watches Market
8.4.1 Russia Running Watches Market by End User
8.4.2 Russia Running Watches Market by Type
8.4.3 Russia Running Watches Market by Price Point
8.4.4 Russia Running Watches Market by Distribution Channel
8.5 Spain Running Watches Market
8.5.1 Spain Running Watches Market by End User
8.5.2 Spain Running Watches Market by Type
8.5.3 Spain Running Watches Market by Price Point
8.5.4 Spain Running Watches Market by Distribution Channel
8.6 Italy Running Watches Market
8.6.1 Italy Running Watches Market by End User
8.6.2 Italy Running Watches Market by Type
8.6.3 Italy Running Watches Market by Price Point
8.6.4 Italy Running Watches Market by Distribution Channel
8.7 Rest of Europe Running Watches Market
8.7.1 Rest of Europe Running Watches Market by End User
8.7.2 Rest of Europe Running Watches Market by Type
8.7.3 Rest of Europe Running Watches Market by Price Point
8.7.4 Rest of Europe Running Watches Market by Distribution Channel
Chapter 9. Company Profiles
9.1 Apple, Inc.
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Regional Analysis
9.1.4 Research & Development Expense
9.1.5 SWOT Analysis
9.2 Garmin Ltd.
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 Research & Development Expenses
9.2.5 Recent strategies and developments
9.2.5.1 Product Launches and Product Expansions
9.2.6 SWOT Analysis
9.3 Fitbit, Inc (Google LLC)
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental and Regional Analysis
9.3.4 Research & Development Expense
9.3.5 SWOT Analysis
9.4 Samsung Electronics Co., Ltd. (Samsung Group)
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Segmental and Regional Analysis
9.4.4 Research & Development Expenses
9.4.5 SWOT Analysis
9.5 Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental and Regional Analysis
9.5.4 Research & Development Expenses
9.5.5 SWOT Analysis
9.6 Nokia Corporation
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Segmental and Regional Analysis
9.6.4 Research & Development Expense
9.6.5 SWOT Analysis
9.7 Xiaomi Corporation
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Segmental and Regional Analysis
9.7.4 Research & Development Expenses
9.7.5 SWOT Analysis
9.8 TomTom N.V.
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Segmental and Regional Analysis
9.8.4 Research & Development Expenses
9.9 Polar Electro Oy
9.9.1 Company Overview
9.10. Suunto Oy
9.10.1 Company Overview

Companies Mentioned

  • Garmin Ltd.
  • Apple, Inc.
  • Fitbit, Inc. (Google LLC)
  • Samsung Electronics Co. Ltd
  • Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
  • Nokia Corporation
  • Xiaomi Corporation
  • TomTom N.V.
  • Polar Electro Oy
  • Suunto Oy

Methodology

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