by The watch shaker market comprises luxury watch assembling equipment that helps in shaking and assembling watch components precisely. Watch shakers automate the delicate process of fitting micro components like jewel bearings, springs, screws inside watch movements through controlled vibrating motions. They deliver consistent shaking forces to efficiently settle fine parts in place. The integration of advanced technologies like sensors, programmable logic controllers, and touchscreens has automated the assembly process, reducing errors and improving quality control. The growing demand for luxury watches and the need for automated manufacturing solutions to boost production are fueling the watch shaker industry.
The Global Watch Shaker Market is estimated to be valued at US$ 270.1 Mn in 2024 and is expected to exhibit a CAGR of 4.5% over the forecast period 2024 to 2031.
Key Takeaways
Key players operating in the watch shaker market are Wolf, Orbita, JQUEEN, BUBEN&ZORWEG, Rapport, Swiss Kubik, Scatola de Tempo, Driklux, Modalo, Benson, Bernard Favre, Paul Design, Chronovision, Elma Motion, Heisse & Söhne. The rising disposable incomes and growing middle-class population worldwide has increased the demand for luxury watches in recent years. Watch manufacturers are adopting automated shakers to ramp up production volumes and meet the escalating global demand. Players are expanding their geographical footprint by strengthening distribution networks across major markets like Europe, North America, Asia Pacific., China, Japan.
The increasing Watch Shaker Market Demand for luxury watches from millennials and generation Z consumers coupled with the growing middle-class population in emerging economies is expected to drive during the forecast period. With automated shakers, watchmakers can achieve higher throughputs of 50 to 150 parts per hour and ensure quality and consistency in assembly.
Key players are focusing on developing smart shakers integrated with advanced Industry 4.0 technologies like AI, IoT, and data analytics. These smart shakers automate the overall assembly process, collect production data, enable remote monitoring, and deliver predictive maintenance capabilities. They help reduce human errors, improve traceability, and drive significant productivity gains for manufacturers.
Market key trends
One of the key trends gaining popularity in the watch shaker market is the automation of assembly lines through collaborative robots or cobots. Watch Shaker Market Companies are integrating cobots with shakers to automate the entire serial manufacturing process from feeding to quality inspection. This facilitates collaborating with humans, enhances flexibility, and enriches the worker’s experience. Automating assembly lines with smart cobots optimizes production, minimizes downtime, and improves overall equipment efficiency on the factory floor.
Porter’s Analysis
Threat of new entrants: Low capital requirements and lack of proprietary technologies pose low barriers to entry in the watch shaker market.
Bargaining power of buyers: Buyers have high bargaining power due to availability of many options from established brands and new entrants at competitive prices.
Bargaining power of suppliers: Suppliers have moderate bargaining power due to availability of raw material substitution options and lack of differentiation in components.
Threat of new substitutes: High threat from substitutes like automatic winders and ultrasonic cleaning devices that can be used for watch cleaning.
Competitive rivalry: Intense competition among established brands and new entrants keeps prices low and improves innovation.
Geographical Regions:
North America holds the largest share of the watch shaker market currently due to high demand for luxury watches and frequent launches of limited edition collectible watches. The US accounts for over 30% value share globally. Asia Pacific is poised to be the fastest growing region during the forecast period. Rising affluence, increasing watch culture and growing middle class population is driving demand strongly in China, Japan and India. Annual growth rate in APAC is projected to be over 6% till 2031.
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it
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