Crystal Oscillator Market Size, Growth Analysis 2021 Regional Segmentation, Developments, Leading Countries, CAGR Value, Opportunities and Sales Revenue till 2028
The global crystal oscillator market size is expected to reach USD 3.61 Billion in 2028 and register steady revenue CAGR of 2.4% during the forecast period, according to latest analysis by Emergen Research.
Some key factors driving market revenue growth are increasing investments in development of Electric Vehicles (EVs) by leading companies operating in the global automotive market, rising demand for semiconductors, increasing adoption of Automatic Driver Assistance Systems (ADAS), and rising demand for smart consumer electronics.
Increasing demand for smart devices is resulting in steady demand for semiconductors. Crystal oscillator circuit sustains oscillation by taking and amplifying a voltage signal from the quartz resonator, and feeding it back to the resonator. Oven-Controlled Crystal Oscillator (OCXO) circuit provides high-frequency stability and consists of high-cost crystal. The Temperature Compensated Crystal Oscillator (TCXO) circuit offers an advantage of precision frequency temperatures, requires less space, and are available at reasonable cost, which make these ideal for high-end operations.
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Based on the competitive landscape, the market report analyzes the key companies operating in the industry:
River Eletec Corporation, Murata Manufacturing Co. Ltd., FOX Electronics, Advanced Micro Devices Inc., Nihon Dempa Kogyo Co. Ltd., TXC Corporation, KYOCERA Crystal Device Corporation, Daishinku Corporation, Seiko Epson Corporation, and Hosonic Electronic Co.Ltd.
Key Highlights from the Report
On 29 January 2021, Nihon Dempa Kogyo Co. Ltd., developed a products, 2.5×2.0x0.9mm-sized, low-phase jitter differential-output crystal oscillators (models – NP2520SA and NP2520SB), for small optical communication modules that can help to boost 5G mobile communications.
AT-cut segment accounted for largest revenue share in 2020 and is expected to continue contributing largest revenue share during the forecast period. This can be attributed to AT-cut product type being most widely used in high-frequency applications. In addition, increasing investment by major players in technological advancements such as next-generation oscillators is expected to further support revenue growth of the AT-cut segment.
Temperature Compensated Crystal Oscillator (TCXO) segment revenue is expected to expand at a CAGR of 2.7% during the forecast period. Rising awareness regarding features of using TCXO such as precision frequency, small space requirement, reasonable cost, and high performance of temperature compensated crystal oscillator circuit over oven-controlled crystal oscillator circuit are key factors driving adoption of TCXO.
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Regional Bifurcation of the Crystal Oscillator Market Includes:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Emergen Research has segmented the global crystal oscillator market on the basis of crystal cut, general circuitry, application, and region:
Crystal Cut Outlook (Revenue, USD Billion; 2021–2028)
AT Cut
BT Cut
SC Cut
Others
General Circuitry Outlook (Revenue, USD Billion; 2021–2028)
Temperature-Compensated Crystal Oscillator (TCXO)
Voltage-Controlled Crystal Oscillator (VCXO)
Frequency-Controlled Crystal Oscillator (FCXO)
Oven-Controlled Crystal Oscillator (OCXO)
Others
Application Outlook (Revenue, USD Billion; 2021–2028)
IT & Telecommunication
Consumer Electronics
Military & Aerospace
Research & Measurement
Industrial & Medical
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Valuable Market Insights:
The report highlights the latest trends observed in the consumption pattern of each regional segment.
Extensive market segmentation included in the report helps better understand the revenue and estimated growth of the individual regions.
The report throws light on the historical and current market scenarios and provides a concise year-on-year growth rate of the global Crystal Oscillator market.
Key Questions Answered by the Report:
Which region is expected to dominate the market in the coming years?
What are the recent technological and product advancements occurring in the market?
What are the key strategies adopted by the prominent players in the Crystal Oscillator market?
What are the key product types and applications of the Crystal Oscillator industry?
What is the outcome of SWOT analysis and Porter’s Five Forces analysis?
What is the competitive landscape of the Crystal Oscillator market?
Who are the key players in the industry?
What is the growth rate of the industry over the coming years?
What will be the valuation of the Crystal Oscillator Market by 2028?
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