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.
With all the data gathered and analyzed using SWOT analysis, there was a clearer picture of the competitive landscape of the global Crystal Oscillator market. Sources for the future market growth were uncovered and outlying competitive threats also surfaced. There was strategic direction eminent in the market and this shows in the key trends and developments studied. By getting market background and using current norms, policies, and trends of other leading markets for cross-references, market data was completed.
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The study outlines the rapidly evolving and growing market segments along with valuable insights into each element of the industry. The industry has witnessed the entry of several new players, and the report aims to deliver insightful information about their transition and growth in the market. Mergers, acquisitions, partnerships, agreements, product launches, and joint ventures are all outlined in the report.
The leading market contenders listed in the report are:
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.
Some Key Highlights from the Report
- On 29 January 2021, Nihon Dempa Kogyo Co. Ltd., developed a products, 2.5x2.0x0.9mm-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.
- The consumer electronics segment accounted for a significantly large revenue share in the global crystal oscillator market in 2020. Increasing adoption of technological advancements in smartphones, smart televisions, smart appliances, and gaming consoles is expected to continue to drive revenue growth of the consumer electronics segment.
- North America accounted for largest revenue share in the global crystal oscillator market in 2020. Increasing adoption of 5G technology and rising demand for connected cars and electric vehicles are factors boosting revenue growth of the market in this region.
Research Report on the Crystal Oscillator Market Addresses the Following Key Questions:
- Who are the dominant players of the Crystal Oscillator market?
- Which regional market is anticipated to have a high growth rate over the projected period?
- What consumer trends and demands are expected to influence the operations of the market players in the Crystal Oscillator market?
- What are the key growth drivers and restraining factors of the Crystal Oscillator market?
- What are the expansion plans and strategic investment plans undertaken by the players to gain a robust footing in the market?
- What is the overall impact of the COVID-19 pandemic on the Crystal Oscillator market and its key segments?
Emergen Research has segmented the global Crystal Oscillator market on the basis of type, type of care, and region
Segments Covered in this report are:
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
In conclusion, the Crystal Oscillator Market report is an exhaustive database that will help readers formulate lucrative strategies. The Crystal Oscillator Market report studies the latest economic scenario with value, drivers, constraints, growth opportunities, challenges, demand and supply ratio, production capacity, import/export status, growth rate, and others. Additionally, the report also undertakes SWOT Analysis and Porter’s Five Forces Analysis to study the leading companies.
How will this Report Benefit you?
A 250-page report from Emergen Research includes 194 tables and 189 charts and graphics. Anyone in need of commercial, in-depth assessments for the global Crystal Oscillator market, as well as comprehensive market segment analysis, can benefit from our new study. You can assess the whole regional and global market for Crystal Oscillator with the aid of our recent study. To increase market share, obtain financial analysis of the whole market and its various segments. We think there are significant prospects in this industry for rapidly expanding energy storage technology. Look at how you may utilise the current and potential revenue-generating prospects in this sector. The research will also assist you in making better strategic decisions, enabling you to build growth strategies, strengthen competitor analysis, and increase business productivity.
About Us:
Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
