Is there any prospect for the watch industry? What is the market for mechanical watches?

From the second half of 20 16, the multi-dimensional data verified that the watch industry in China recovered obviously. Last year, the annual sales increased by 5.48% year-on-year, reaching 395 1 10,000 vehicles. The analysis report "Market Foresight and Investment Strategic Planning of Watch Industry" issued by Forward-looking Industry Research Institute points out that the huge gift demand market, especially the low-end gift market, is enough to support the production development of more enterprises. It is estimated that by 20021year, the market size of the watch industry will increase to 44.5 billion yuan.

Development trend of watch industry

First of all, the foundation of industrial linkages has been continuously strengthened. The related industries of watches mainly include machinery industry and electronics industry. As the main raw materials of watches, machinery and electronics affect the development of the watch industry. The rapid development of machinery and electronics industry has laid a good foundation for the watch industry, and made the watch industry in China develop better.

Secondly, in the world clock industry division system, China clock industry will occupy an important position. China's watch industry is fully integrated with the world's watch industry with faster speed and larger scale. At the same time, the watch industry has also made important contributions to the country's exports. The structure of export products has been continuously optimized, and the export trade mode has changed to multi-channel and multi-form.

Finally, the industrial organization structure is constantly optimized, showing a new trend of industrialization. In recent years, China's watch manufacturing industry has gradually formed a cluster development pattern with small and medium-sized enterprises as the main body, and private enterprises and foreign-funded enterprises have expanded rapidly (accounting for more than 70% of the total number of enterprises).