Well Wikipedia says this;
Steampunk is a subgenre of fantasy and speculative fiction that came into prominence in the 1980s and early 1990s. The term denotes works set in an era or world where steam power is still widely used—usually the 19th century, and often set in Victorian era England—but with prominent elements of either science fiction or fantasy, such as fictional technological inventions like those found in the works of H. G. Wells and Jules Verne, or real technological developments like the computer occurring at an earlier date. Other examples of steampunk contain alternate history-style presentations of "the path not taken" of such technology as dirigibles or analog computers; these frequently are presented in an idealized light, or a presumption of functionality.
Steampunk is often associated with cyberpunk and shares a similar fanbase and theme of rebellion, but developed as a separate movement (though both have considerable influence on each other). Apart from time period and level of technological development, the main difference between cyberpunk and steampunk is that steampunk settings usually tend to be less obviously dystopian than cyberpunk, or lack dystopian elements entirely.
Various modern utilitarian objects have been modded by individual craftpersons into a pseudo-Victorian mechanical "steampunk" style, and a number of visual and musical artists have been described as steampunk.
I came across the style while researching the Japanese watchmaker; Haruo Suekichi
He makes weird and wonderful watches, have a look at these...?

Great interview with the creator or these watches HERE LINK

More Steam Punk objects

Laptop, or should I say 'bureau' top?

Steam Mouse
Steam Glases

Other Inspired Steam Punk Watches

The above two are pretty dressy

Manometro watches (a bit more practical

Even Timberland are getting in on the act..... I think there is a bit of Freedom using a quartz movement to 'go mad'.....so we are seeing a number of cool bonkers designs from the cheaper end of the market....
Anyway all very cool in my book and I must get one so I can get all 'Steamed Up' about it....
Sorry couldn't resist... LMAO!!