Current And Future Crystal Oscillator Market Size, Key Players, Analysis and Forecast
The report "Crystal Oscillator Market with COVID-19 Impact Analysis by General Circuity (SPXO, TCXO, VCXO), Crystal Cut (AT Cut, BT Cut, SC Cut), Mounting Scheme (Surface Mount, Through-Hole) Application (Consumer Electronics), Geography - Global Forecast to 2025", size is estimated to be USD 2.8 billion in 2020 and projected to reach USD 3.1 billion by 2025, at a CAGR of 2.1%. The growing demand for crystal oscillators in consumer electronics is attributed to the technological advancements and increasing disposable income of consumers. These factors drive the growth of the crystal oscillator market.
Browse 238 market data Tables and 65 Figures spread through 235 Pages and in-depth TOC on "Crystal Oscillator Market with COVID-19 Impact Analysis by General Circuity (SPXO, TCXO, VCXO), Crystal Cut (AT Cut, BT Cut, SC Cut), Mounting Scheme (Surface Mount, Through-Hole) Application (Consumer Electronics), Geography - Global Forecast to 2025"
Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=943
By crystal cut, the other cut segment expected to grow with the highest CAGR during forecast period.
The other cut segment is projected to grow at a CAGR of 5.2% from 2020 to 2025. The use of new crystal cuts, such as IT cut, FC cut, AK cut, CT cut, and DT cut, is a new market trend. These cuts offer higher tolerance to crystallographic orientation, a better frequency-temperature curve, and advanced features, and are used in precise applications.
By application, telecom & networking application is expected to register the second-highest CAGR during the forecast period.
The telecom & networking application is expected to register the second-highest CAGR during the forecast period. The growing deployment of 5G networks attributes to the growth of this segment as the demand for precise crystal oscillators is likely to hike up, which will also raise the demand for OCXO type crystal oscillators to accommodate advanced technologies.
By region, APAC accounted for the largest size of the crystal oscillator in 2019
The APAC region accounted for the largest size of the crystal oscillator in 2019. This growth is attributed to the increased demand for various consumer electronic devices. The market is expected to witness growth in the coming years owing to the adoption of different industrial solutions in the regional automotive industry, as well as the required government support in this regard.
Seiko Epson Corporation (Japan), Nihon Dempa Kogyo Co., Ltd. (Japan), TXC Corporation (Taiwan), KYOCERA Crystal Device Corporation (Japan), Daishinku Corp. (Japan), Microchip Technology Inc. (US), Murata Manufacturing Co., Ltd. (Japan), Hosonic Electronic Co., Ltd. (Taiwan), SiTime Corporation (US), and Siward Crystal Technology Co., Ltd. (Taiwan), are some of the key players in the crystal oscillator market.
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. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
No comments: