Growing Need for High-Precision Timing Components Owing to Network Densification Increasing demand For MEMS Oscillator Market
According to the new market research report "MEMS Oscillator Market by Packaging Type (Surface-Mount Device Package and Chip-Scale Package), Band (MHz and kHz), General Circuitry (SPMO, TCMO, VCMO, FSMO, DCMO, and SSMO), Application, and Geography - Global Forecast to 2022", the overall MEMS oscillator market was valued at USD 79.2 Million in 2016 and is expected to reach USD 802.8 Million by 2022, at a CAGR of 46.08% between 2017 and 2022.
Browse 67 market data tables and 61 figures spread through 152 pages and in-depth TOC on “MEMS Oscillator Market - Global Forecast to 2022”
https://www.marketsandmarkets.com/Market-Reports/mems-oscillator-market-225020975.html
Early buyers will receive 10% customization on reports.
The rapid growth of mobile infrastructure, electronic wearables, and Internet of Things; and the rising need for electronic device miniaturization, improved performance, and increased functionality are the factors driving the growth of the market. The market is further driven by its standardized supply chain with high ramp rates and short lead times.
“TCMOs are expected to cross SPMOs in terms of market share by 2022”
SPMOs held the largest share of the market in 2016. However, the market for TCMOs is expected to grow at the highest rate during the forecast period. Growing requirement of high-precision timing components with small size and low cost for portable device applications is expected to drive the market for TCMOs during the forecast period. This market is further driven by the increasing adoption of TCMOs in applications such as networking, industrial GPS, satellites, mobile phones, tablets, data cards, and wearables where dynamic performance is required under environmental stressors.
Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=225020975
“MEMS oscillator market for wearables and Internet of Things application expected to grow at the highest CAGR during the forecast period”
Explosive growth in interconnected devices and increasing adoption of wearable technology where MEMS oscillator is a preferred timing component, owing to its inherent advantages such as small size, low power consumption, and high reliability, are expected to drive the market.
“APAC expected to be the largest and fastest-growing market for MEMS oscillators during the forecast period”
The increasing penetration of MEMS oscillators in growing applications, such as wearables and Internet of Things and mobile devices, in APAC is expected to drive the market. This increasing penetration is mainly because of their inherent advantages such as small size, high reliability, and low power consumption. Along with this, the high growth of the market in APAC can be attributed to the relentless LTE activity in China and rapid growth of mobile infrastructure in APAC.
The major companies involved in the development of MEMS oscillators are SiTime Corporation (U.S.), Microchip Technology Inc. (U.S.), Vectron International, Inc. (U.S.), Abracon Holdings, LLC (U.S.), Daishinku Corp. (Japan), Ecliptek Corporation (U.S.), Jauch Quartz GmbH (Germany), IQD Frequency Products Limited (U.K.), ILSI America LLC (U.S.), and Raltron Electronics Corporation (U.S.), among others.
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
Browse 67 market data tables and 61 figures spread through 152 pages and in-depth TOC on “MEMS Oscillator Market - Global Forecast to 2022”
https://www.marketsandmarkets.com/Market-Reports/mems-oscillator-market-225020975.html
Early buyers will receive 10% customization on reports.
The rapid growth of mobile infrastructure, electronic wearables, and Internet of Things; and the rising need for electronic device miniaturization, improved performance, and increased functionality are the factors driving the growth of the market. The market is further driven by its standardized supply chain with high ramp rates and short lead times.
“TCMOs are expected to cross SPMOs in terms of market share by 2022”
SPMOs held the largest share of the market in 2016. However, the market for TCMOs is expected to grow at the highest rate during the forecast period. Growing requirement of high-precision timing components with small size and low cost for portable device applications is expected to drive the market for TCMOs during the forecast period. This market is further driven by the increasing adoption of TCMOs in applications such as networking, industrial GPS, satellites, mobile phones, tablets, data cards, and wearables where dynamic performance is required under environmental stressors.
Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=225020975
“MEMS oscillator market for wearables and Internet of Things application expected to grow at the highest CAGR during the forecast period”
Explosive growth in interconnected devices and increasing adoption of wearable technology where MEMS oscillator is a preferred timing component, owing to its inherent advantages such as small size, low power consumption, and high reliability, are expected to drive the market.
“APAC expected to be the largest and fastest-growing market for MEMS oscillators during the forecast period”
The increasing penetration of MEMS oscillators in growing applications, such as wearables and Internet of Things and mobile devices, in APAC is expected to drive the market. This increasing penetration is mainly because of their inherent advantages such as small size, high reliability, and low power consumption. Along with this, the high growth of the market in APAC can be attributed to the relentless LTE activity in China and rapid growth of mobile infrastructure in APAC.
The major companies involved in the development of MEMS oscillators are SiTime Corporation (U.S.), Microchip Technology Inc. (U.S.), Vectron International, Inc. (U.S.), Abracon Holdings, LLC (U.S.), Daishinku Corp. (Japan), Ecliptek Corporation (U.S.), Jauch Quartz GmbH (Germany), IQD Frequency Products Limited (U.K.), ILSI America LLC (U.S.), and Raltron Electronics Corporation (U.S.), among others.
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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