At present, 70% of the global clock movement, quartz clock movement and clock parts market products are produced in China, and China's clock dominant trend will continue. This year, China's clock parts manufacturers in the first quarter of the product exports increased by 9.2%, to meet further rising market demand, ready to increase the production capacity of up to 45%. That's according to a recent report by global resources on the production capacity of clock suppliers in mainland China.
"Production capacity of mainland China clock movement suppliers" describes 75 major clock parts manufacturers of Chinese clock manufacturers, 86% of which expect export sales to rise in the next 12 months. The report attributed this to Chinese watchmakers improving their technology and quality and continuing to penetrate the U.S. and European markets.