Crystal Oscillators Market by General Circuitry (SPXO, TCXO, VCXO, FCXO, and OCXO), Application, and Geography - Global Forecast to 2022
The crystal oscillators market is highly competitive market with the presence of a large number of small and big players in the market. This market is expected to grow at a CAGR of 4.4% during the forecast period. As of 2015, Miyazaki Epson Corp. dominated this market.
The strategy of new product launches has been the key strategy adopted by the market players to grow in the in this market.
This strategy accounted for a share of ~79% of the overall growth strategies adopted by the market players between January 2013 and August 2016. The rising demand for automotive and telecommunication devices have encouraged the companies to adopt this strategy. Besides new product launches, the companies have also adopted the strategies of acquisitions and partnerships to expand their business operations, product portfolio, & distribution network; and strengthen their market share and position in this market.
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Miyazaki Epson Corp., a fully owned subsidiary of Seiko Epson Corp. (Japan), designs, manufactures, and sells crystal and quartz devices. The company is one of the leading providers of quartz crystal technology-based products.
Its product line comprises simple packaged crystal oscillators (SPXOs), temperature compensated crystal oscillators (TCXOs), voltage-controlled crystal oscillators (VCXOs), and oven-controlled crystal oscillators (OCXOs). The company offers crystal oscillator products for various applications such as wired network, measurement instrument, broadcasting & audio, and automotive, among others.
Miyazaki Epson Corp. focuses on launching new products in the market. In 2016, it launched a new programmable crystal oscillator with features such as lower current consumption, wider temperature range, and higher frequency tolerance.
Nihon Dempa Kogyo Co., Ltd., also known as NDK, is a leading manufacturer of crystal oscillator devices. Its product mix comprises SPXO, TCXO, VCXO, and others. NDK manufactures and supplies crystal oscillator devices for electronics, mobile phone base stations, audio-visual/office automation equipment, and other applications. In addition, the company intends to utilize the opportunity of increased demand for crystal oscillators with the rising demand for advanced driver assistance systems (ADAS) in automotive products.
The company also has a worldwide reach with huge sales and distribution network and continuously increases its product portfolio. Nihon Dempa Kogyo, in June 2016, the company launched a new compact crystal oscillator for digital audio with low-phase noise feature, designed for master clocks used in digital-analog converters.
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Pune, Maharashtra 411013, India
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