Establishments primarily engaged in manufacturing clocks (including electric), watches, watchcases, mechanisms for clockwork operated devices, and clock and watch parts. This industry includes establishments primarily engaged in assembling clocks and watches from purchased movements and cases. Establishments primarily engaged in manufacturing timeclocks are classified in Industry 3579; those manufacturing glass crystals are classified in Industry 3231; and those manufacturing plastics crystals are classified in Industry 3089.
The watches, clocks, clockwork operated devices, and parts industry (NAICS 3873) is experiencing several qualitative trends that are shaping its future. One significant trend is the increasing demand for smartwatches and hybrid watches. Consumers are gravitating towards devices that blend traditional craftsmanship with modern technology, seeking functionality like fitness tracking, notifications, and other smart features while maintaining a classic aesthetic.
Another trend is the growing interest in sustainability and eco-friendly practices. Brands are exploring materials like recycled metals and renewable resources to appeal to environmentally conscious consumers. Additionally, there is a notable shift towards customization and personalization. Consumers are looking for unique, tailor-made products that reflect their individuality, leading to an increase in offerings of customizable watch faces, straps, and engravings.
In the luxury segment, demand remains resilient, with a preference for high-precision mechanical watches and limited-edition pieces that highlight exclusivity and craftsmanship. Investment in digital and e-commerce platforms is also rising, as brands recognize the importance of online presence to reach broader audiences and offer a seamless shopping experience.
Going forward, the integration of advanced technologies like augmented reality (AR) for virtual try-ons and blockchain for authentication and provenance are expected to become more prevalent. The industry is likely to continue evolving towards a hybrid model that leverages both traditional watchmaking skills and innovative technology to meet the evolving demands of modern consumers.
Appliance timers
Chronographs, spring wound
Chronometers, spring wound
Clock materials and parts, except crystals and jewels
Clocks, assembling of
Clocks, except timeclocks
Mechanisms for clockwork operated devices
Movements, watch or clock
Timers for industrial use, clockwork mechanism only
Watchcases
Watches and parts: except crystals and jewels
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