8 Best Wrist Watch Makers
Watch is a mechanical instrument which is used across the globe to keep time. A watch can be of many types. It can be a pocket watch or can be attached to your wrist with a fabric, leather or may be a chain. A clock’s mechanics work in order to spin a wheel in a synchronized manner. The force used to spin this can be electronic or can be generated with the potential energy stored by winding. Watches appeared in the world in 15th century however electronic watches became more common in 17th century which uses a dry cell.
Our post here lists different companies that have been the leading manufacturers of wrist watches in the past and the present. These companies are from different countries and are famous for their designs, quality and reliability. With the oldest to the newest company that came into existence, we have listed 8 companies.
The oldest company of our list, Omega is based in Biel/Bienne, Switzerland and came into existence in 1848. Omega is one of the most trusted watches of the world. This fact is supported by the fact that in 1969 Omega watch was the choice of NASA when the first man stepped on the Moon. With this prestige, Omega is also the official time keeper of Olympic Games. Also Omega has been worn by James Bond in all of his blockbuster movies since 1995.
7. Timex Group
Timex Group was established in 1854 as Waterbury Clock Company. Waterbury Clock Company was the first clock making company of the United States. Timex Group USA, Inc is the successor of this company since 1944. Due to the excellence being delivered by Times Group, they have earned the nickname of “Switzerland of America”. There are a total of 2000 employees in Times Group these days.
With Europe and North America already being the oldest two in our list, Asia has Seiko, which was established in 1881 and is the third oldest company. Seiko has its headquarters in Tokyo, Japan. Having a massive revenue of 213 billion Euros in 2003, a watch made by Seiko has been in the wanted list of many. By 2006 Seiko had a total of 6,699 employees. This number speaks for its self as of how big the setup would be.
Moving in the 20th century, Rolex came into existence in 1905. The headquarters of Rolex were initially sited in London, England. Later they were moved to Geneva, Switzerland and hence Rolex is termed as a Swiss watch making company. Back in 2003, Rolax company had a revenue of 3 billion US dollars. Rolex watches are globally considered as a status symbol. BusinessWeek, a New York based magazine, ranks Rolex at No.71 on its 2007 annual list of the 100 most valuable global brands. Rolex Company has a massive 2800 employees functioning for them.
Rado is another Swiss manufacturer of wrist watches. It was established in 1917 and has its headquarters in Lengnau, Switzerland. Rado is well known for the usage of scratch proof material in the creation of the watches hence the watches are scratch proof. Not that other companies are not making scratch resistant watches, Rado is considered as the pioneer in this field. With just a small staff of about 470, Rado manufacturers a substantial number of half a million watches per annum. To begin with Rado was formed as as Schlup & Co. Rado has a lot of other sister brands Rado’s V10K is the hardest watch on Earth as certified by Guinness book of world records.
Citizen is a Tokyo, Japan based watch making company that was first founded as Shokosha Watch Research Institute. Citizen is currently rated as one of the biggest watch making companies of the world. Starting in 1918, Citizen has 16,813 employees currently working under them. In the financial year of 2010, the revenue of the company was estimated to be a massive 252.5 billion US dollars. The huge number of employees and the colossal revenue unquestionably makes it the current biggest watch making company.
Another Japanese watch making company, Casio was established in 1957. The company is involved in production of many electronic instruments. With its headquarters in Shibuya, Tokyo, Casio has the honor of making the world’s first entirely electronic compact calculator. Casio has an total of 11,336 employees as of 2010. Casio’s major work is inclined towards electronic watches. In Casio, a lot of research has taken place and the world is gifted with many multifunctional watches. The first G-Shock watch, The Illuminator/Foxfire backlight and The WQV-1, the world’s first wristwatch with digital camera are some of the major releases of Casio. Casio has a total revenue of $4.616 billion (2010).
Yet another Swiss company, Swatch is one of the newer names in the watch making business. Swatch has the biggest number of employees working in watch making work in the entire world. It tops our list by 24,240 workers. Swatch was established through the merging of the two Swiss watch manufacturers ASUAG and SSIH. The company has a revenue of 6 billion Swiss Francs.