Timing Devices Market : Rapid Development of IoT Technology and Connected Devices Applications
[177 Pages Report] The timing devices market is expected to reach USD 5.92 billion by 2022, at a CAGR of 7.27% between 2017 and 2022. The growth of this market is propelled by the increasing demand for mobile devices, and healthcare and medical equipment.
The timing devices market ecosystem includes research design and development such as companies’ in-house research centers, Northeastern University, Massachusetts Institute of Technology, Institute of Electrical and Electronics Engineers (IEEE); raw material suppliers such as crystal providers, ceramic providers, and other component providers; OEMs such as Seiko Epson Corporation (Japan), Nihon Dempa Kogyo Co., Ltd. (Japan), TXC Corporation (Taiwan), Kyocera Corporation (Japan), Murata Manufacturing Co., Ltd. (Japan); suppliers and distributors such as Digi-Key Electronics (US), Mouser Electronics Inc. (US), and Future Electronics (Canada); and system integrators such as Samsung Electro-Mechanics Co., Ltd. (South Korea), Toshiba Corporation (Japan), LG Electronics, Inc. (South Korea), and Sharp Corporation (Japan).
Increasing demand for mobile devices and increasing adoption of advanced automotive electronics to drive the global timing devices demand close to USD 5.92 billion by 2022
The growth of the timing devices market is majorly driven by the rise in the number of mobile devices, such as tablets, smartphones, and other consumer electronics equipment (mobile phones, personal digital assistants (PDAs), handheld game consoles, mobile media players, and digital cameras).
Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=121133929
Timing devices are used in various high-end mobile phones, tablets, laptops, wearable devices, smart TVs, PCs, cordless phones, e-book readers, and other consumer electronics to generate control signals for stable frequency and time. For example, in a cell phone, the transmitter and receiver circuits contain oscillators that produce radio-frequency signals.
With the continuous development of technology and increase in per capita income of consumers, there is a rise in consumption of mobile devices. The number of timing devices used in mobile devices varies from 3 to 4, whereas in smartphones, it varies from 6 to 8. In the current scenario (2016–2017), cell phones, Wi-Fi-enabled tablets, and other electronic gadgets use microwave oscillators tiny devices that generate the electrical signals used in communications.
Thus, owing to the recent advancements in mobile technology that requires frequency-stable components, such as oscillators and resonators, the consumption of mobile devices is rising, thereby leading to the growth of the overall timing devices market.
According to MarketsandMarkets’ forecast, the timing devices market is expected to be valued at USD 5.92 billion by 2022, growing at a CAGR of 7.27% between 2017 and 2022. The growth of this market is fueled by the increasing demand for mobile devices, growing adoption of advanced automotive electronics, and rise in demand for healthcare and medical equipment. The market is further driven by the rapidly expanding consumer electronics industry.
This report covers the timing devices market based on type, material, application, and geography. In terms of type, oscillators are expected to hold the largest market size during the forecast period. Oscillators are found in every electronic circuit. The oscillator circuit is one of the simplest timing solutions to implement, and it offers a wide range of frequencies. These circuits can manage fluctuations in the external voltage. These features are required in various end-user applications such as consumer electronics (mobile devices), advanced healthcare equipment, automotive electronics, and telecommunications network. Thus, these factors are fueling the growth of the market for oscillators.
The market for automotive application is expected to grow at the highest rate between 2017 and 2022. The major use of timing devices in the automotive sector is in premium audio systems, in-vehicle audiovisual equipment, car navigation systems, infotainment systems, advanced driver assistance systems, driving control systems, and safety control systems. The market for automotive application has amplified owing to the increasing demand for the abovementioned applications in this sector. Additionally, the market for automotive applications is witnessing increasing demand across major regions such as APAC and North America. Thus this market is likely to grow at the highest rate between 2017 and 2022.
Telecommunication and Networking
Telecommunications and networking play a crucial role in the communications sector. Networking keeps all the data successively flowing to electronic devices such as cellphones, computers, and TVs. The telecommunications infrastructure, such as switches, routers, and base stations, provides the speed and reliability in telecommunication. Moreover, telecommunications and networking applications require high-precision devices with high-frequency stability. The demand for timing devices is expected to grow with the strengthening and expansion of communications networks, as well as with the installation of 4G/LTE and 5G networks.
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
The timing devices market ecosystem includes research design and development such as companies’ in-house research centers, Northeastern University, Massachusetts Institute of Technology, Institute of Electrical and Electronics Engineers (IEEE); raw material suppliers such as crystal providers, ceramic providers, and other component providers; OEMs such as Seiko Epson Corporation (Japan), Nihon Dempa Kogyo Co., Ltd. (Japan), TXC Corporation (Taiwan), Kyocera Corporation (Japan), Murata Manufacturing Co., Ltd. (Japan); suppliers and distributors such as Digi-Key Electronics (US), Mouser Electronics Inc. (US), and Future Electronics (Canada); and system integrators such as Samsung Electro-Mechanics Co., Ltd. (South Korea), Toshiba Corporation (Japan), LG Electronics, Inc. (South Korea), and Sharp Corporation (Japan).
Increasing demand for mobile devices and increasing adoption of advanced automotive electronics to drive the global timing devices demand close to USD 5.92 billion by 2022
The growth of the timing devices market is majorly driven by the rise in the number of mobile devices, such as tablets, smartphones, and other consumer electronics equipment (mobile phones, personal digital assistants (PDAs), handheld game consoles, mobile media players, and digital cameras).
Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=121133929
Timing devices are used in various high-end mobile phones, tablets, laptops, wearable devices, smart TVs, PCs, cordless phones, e-book readers, and other consumer electronics to generate control signals for stable frequency and time. For example, in a cell phone, the transmitter and receiver circuits contain oscillators that produce radio-frequency signals.
With the continuous development of technology and increase in per capita income of consumers, there is a rise in consumption of mobile devices. The number of timing devices used in mobile devices varies from 3 to 4, whereas in smartphones, it varies from 6 to 8. In the current scenario (2016–2017), cell phones, Wi-Fi-enabled tablets, and other electronic gadgets use microwave oscillators tiny devices that generate the electrical signals used in communications.
Thus, owing to the recent advancements in mobile technology that requires frequency-stable components, such as oscillators and resonators, the consumption of mobile devices is rising, thereby leading to the growth of the overall timing devices market.
According to MarketsandMarkets’ forecast, the timing devices market is expected to be valued at USD 5.92 billion by 2022, growing at a CAGR of 7.27% between 2017 and 2022. The growth of this market is fueled by the increasing demand for mobile devices, growing adoption of advanced automotive electronics, and rise in demand for healthcare and medical equipment. The market is further driven by the rapidly expanding consumer electronics industry.
This report covers the timing devices market based on type, material, application, and geography. In terms of type, oscillators are expected to hold the largest market size during the forecast period. Oscillators are found in every electronic circuit. The oscillator circuit is one of the simplest timing solutions to implement, and it offers a wide range of frequencies. These circuits can manage fluctuations in the external voltage. These features are required in various end-user applications such as consumer electronics (mobile devices), advanced healthcare equipment, automotive electronics, and telecommunications network. Thus, these factors are fueling the growth of the market for oscillators.
The market for automotive application is expected to grow at the highest rate between 2017 and 2022. The major use of timing devices in the automotive sector is in premium audio systems, in-vehicle audiovisual equipment, car navigation systems, infotainment systems, advanced driver assistance systems, driving control systems, and safety control systems. The market for automotive application has amplified owing to the increasing demand for the abovementioned applications in this sector. Additionally, the market for automotive applications is witnessing increasing demand across major regions such as APAC and North America. Thus this market is likely to grow at the highest rate between 2017 and 2022.
Telecommunication and Networking
Telecommunications and networking play a crucial role in the communications sector. Networking keeps all the data successively flowing to electronic devices such as cellphones, computers, and TVs. The telecommunications infrastructure, such as switches, routers, and base stations, provides the speed and reliability in telecommunication. Moreover, telecommunications and networking applications require high-precision devices with high-frequency stability. The demand for timing devices is expected to grow with the strengthening and expansion of communications networks, as well as with the installation of 4G/LTE and 5G networks.
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
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