What Is The Swiss Watch Industry Today

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It is after the Jean Calving reform came the invention of Swiss watches and clocks. This was the sixteenth century when a ban was placed on the right to wear jewels. It was then that the goldsmiths started designing jewels. The road for those watch brands to be well known is not a long journey. It took less than a century for these watches to acquire so much fame that they became well known for their high quality and artisanship. Of course they are all good watches.
It was a continuous effort and hard work of Swiss goldsmiths that they induced rich inventions and new developments in the watch industry. In 18th century, self-winding watches were created, and then in the mid of 19th century, pendant winding watches were introduced by Adrien Philippe who also introduced perpetual calendar, fly-back hand, and chronographs.
Frederic Ingold and Georges Lechot who made substantial contributions to the watch industry with their meticulous research, carried forward the innovations in the watch industry in the twentieth century. This led to an increase in production. The twentieth century stands out in terms of the flexibility of the parts of the watch, and the level of homogeny. This contributed to the rise of popularity of the switch watches.
After the machine, and chemical industry in Switzerland, the watch industry scores best in the number of exports to the outside world. Available all around the world, Swiss watches have a reputation that is ever lasting. The different advances and innovations in technology have made it possible for more, and more individuals to afford watches. Depending on the finances, one could opt for something classy like the quartz or something relatively cheap, yet elegant like the mechanical watch. The mechanical masterpieces are able to fetch prices going as high as millions of francs, as precious stones and gold are utilised in their design. The Swiss watches made in the olden days consisted mostly of a horizontal structure, although some with vertical design were also added to the mix.
The Swiss watch industry suffered when the country was hit with the economic recession during the 1970s, and early 1980s. This led to several changes, with many companies producing these watches closing down,[link widoczny dla zalogowanych], and dismissing thousands of their employees. This decrease went on until the year 2004,[link widoczny dla zalogowanych], in which, according to an estimate, only about a hundred employees had jobs in small businesses.
The industry only suffered in the business sense, as the developments, and advancements in design continued unstopped. The reputation of Swiss watches is so great, and strong that even a recession did not take away their market,[link widoczny dla zalogowanych], despite producers from other countries doing their best to take away their customers.
Watches are available in mechanical and quartz styles. If you are looking for hand-wound and automatic features,[link widoczny dla zalogowanych], the mechanical watch will give you that. However, if you want an analog or digital display, you should be buying a quartz watch. The material of these watches ranges from precious metals like diamond, plastic, stainless steel, and even high tech ceramic. The buyer may purchase a sporty watch, a trendy watch, or a sophisticated watch, depending on the personality. So many different styles and designs in these watches are there, that even the most fastidious customers will be able to find a watch that satisfies them entirely.
Swiss watch industry is exporting 95% of its products today in different parts of the world. And two places which are the the main competitors of the Swiss industry are Hong Kong and Japan. The industry was moribund due to economic crisis in the 20th century, but it has recovered very well by successfully completing its structural re-conversion. Today's Swiss watch industry is the brightest industry of Switzerland. Their names are known for every small places in the world.